An adjustable magnetic binding system used for attaching a shoe to a bicycle pedal. The magnetic element is integrated into the bicycle pedal in such a manner as to exert attractive forces to the shoe, which contains a shoe piece. The pedal may contain a variety of differently shaped, sized, or number of magnets, which may be retained within the pedal by a protective layer of material. These variables can be easily modified to suit the rider's skill level and desired attractive force to the pedal. The shoe is further secured onto the pedal by means of a retaining system. The shoe is readily removed by the rider with a natural rotation of the foot, which breaks the attractive force.