Does Magic have a Forbidden (Illegal) Limited(One copy in a deck), Semi-Limited(up to 2 copies in a deck) list?
Similar to Yu-Gi-Oh? A friend of mine has been saying that it does but I can't find one anywhere.
for certain formats like vintage it does. this is called the restricted list where you can only have 1 copy of a card. each format has its own ban list.
Most formats have a different banned (none in deck) and restricted (one maximum in deck), but they're different for each format. Some formats have no banned or restricted list.
The only Formats that don't have a regulation list is Casual. And currently Standard.
All constructed formats other than Vintage (Modern, Legacy, EDH/Commander) have a list of cards from their card pool that are Banned, so it's organized in to a Ban List for each one. Modern has a base card pool of all cards printed in Standard-legal sets from 8th Edition and onward, while Legacy and EDH have a base card pool reaching back to Alpha and all supplementary sets. The Ban Lists are cards from those base pools that aren't legal in those formats.
Vintage has a Restricted list and a very small Ban list. Cards that are restricted in Vintage are set so that you can only have one of those cards between you main deck and side board. Cards like Power Nine cards, {Tolarian Academy}, {Trinisphere}, {Ponder}, {Preordain} and others are on there, limiting the power of the decks that would love to play them. Vintage's Ban list consists only of cards that reference 'Ante', which is an outdated mechanic where you were gambling cards on the outcome of the game, {Shahrazad}, for time reasons, and the cards that use Manual Dexterity, like {Chaos Orb} and {Falling Star}. Otherwise, everything is fair game.