Propagation of fast magnetosonic (MS) waves in the equatorial plane has attracted a growing attention in recent studies. Although computer simulations including ray tracing, PIC, and full wave simulations have been utilized to study the propagation of MS waves, analytical approach is needed to investigate the physics insight. In this letter, we first derive the wave equations describing the two‐dimensional propagation of MS waves under the assumption that the mesoscale density inhomogeneity is only along one dimensional. After investigating the essential role of the potential function in the wave equation for the full reflection of MS waves, we find that full reflection can occur when the minimum potential is significantly negative. Finally, we have discussed the effects of incidence angles and wave frequencies on the full reflection. Our results show that MS waves with an incidence angle or wave frequency greater than the critical value would be fully reflected.