Unfortunately I am not sure which of the products for English speaking countries corresponds to that I used.
I've never tried Premiere Pro but from what I've seen it offers much more possibilities to the user. Much more than the Magix product. On the other hand the Magix tool is ten times cheaper and still offers a nice bunch of editing options and effects. What is more: it is as easy to learn than Movie Maker, the later offering very limited edition possibilities.
I think the Magix tool is the right one for those who are not sure if they stick to movie making or they don't feel the need to push their products to highest perfection. Some possibilites offered by the tool you can see in my second movie "Seas of sand" that you can find some threads below.