Is Alchemy Markets Reliable?
This is an Alchemy Markets Review updated for March 2024.
Open an account with Alchemy Markets
Alchemy Markets is a globally certified CFD broker that’s based in the UK and is best known for its trader-centric trading conditions.
This is achieved with Alchemy Markets’ tight spreads with zero commissions* for Standard, Classic, and Premier accounts. Applicable only to FX, metals, and index assets*
Additionally, with a minimum deposit of $50,000, VIP accounts can trade with Raw Spreads. These trading conditions make for some of the lowest all-in costs on your favourite trading instruments.
COMMONLY ASKED QUESTIONS
Is Alchemy Markets safe to trade?
Alchemy Markets is a globally regulated multi-asset broker, and adheres strictly to the same regulatory practices across Seychelles and Europe (except Iceland).
How regulated is Alchemy Markets?
Alchemy Markets is regulated in Malta and Seychelles, by the regulatory bodies of MFSA (Malta Financial Services Authority) and FSA Seychelles (Financial Services Authority) respectively. These regulators ensure that Alchemy Markets’s business conduct remains ethical and transparent to its customers.
Can I withdraw my profits from Alchemy Markets?
Yes, Alchemy Markets customers with a live trading account can easily withdraw and deposit funds via 15+ options, including Bank Wire, Credit, Debit, Skrill and Neteller.
Is Alchemy Markets available for customers in the US?
Alchemy Markets is not available for clients in the US and Iceland due to regulatory restrictions.
Does Alchemy Markets have copy trading?
Yes! Alchemy Markets offers superior copy trading solutions to its clients with no special software required.
NOTABLE FEATURES
Client Protection
Alchemy Markets actively applies the Markets in Financial Instruments Directive (MiFID) to protect their clients’ interests and ensure fair trading conditions.
There are security measures in place to safeguard deposited funds, client information, and also a negative balance protection system to ensure a safe trading environment.
100% STP Broker
As an STP (Straight-through-processing) broker, Alchemy Markets sends your trades direct-to-market without any requotes, delays, or interference.
This provides a fully transparent trading experience and fair trading prices on Alchemy Markets.
More than 10+ Asset Classes to Trade
Alchemy Markets offers a respectable range of products to trade from, spanning across 10+ asset classes. The most popular options are forex, stocks, indices, crypto, and commodities.
Flexible Price Feeds and Account Types
Alchemy Markets offers several account types with different price feeds. This flexibility allows customers to tailor their trading experience and trade with their preferred trading conditions.
Account Type |
Minimum Deposit |
Trading Conditions |
Standard |
$100 |
Institutional/tight spreads with zero commissions on FX, Metals, and Indices.
Low commissions on Stocks, and Crypto. |
Classic |
$1000 |
|
Premier |
$5000 |
|
VIP |
$50,000 |
Trade with raw spreads. Only $5 commissions per lot round-turn |
There are 15+ deposit/withdrawal methods available, so there is no shortage of ways you can transfer funds or withdraw profits with Alchemy Markets. Notable methods include:
- Credit card
- Debit card
- Wire Transfer
- Skrill
- Neteller
- And more…
You can open a demo account for free, or deposit funds to get started with a live trading account when ready.
Tight, Institutional Spreads
Alchemy Markets offer some of the lowest all-in costs for trading including institutional spread and low to no commissions with 100% STP to Standard, Classic, and Premier account holders.
In addition to this, they can trade with zero commission fees on FX pairs, metals, and indices.
Alchemy Markets also offers Raw Spreads from as low as 0.0 on various FX pairs all available. This option is available to VIP account holders and only charges $4 per lot round turn (trade entry plus exit fee).
Fast Trade Executions
Alchemy Markets fulfils your trades at extremely fast speeds, going down to 10 milliseconds or less.
Over 20+ Tier One LIquidity Providers
Alchemy Markets is partnered with 20+ Tier One Liquidity Providers, including major banks, non-banks, and cryptocurrency exchanges which ensure more reliable trade entries with lower slippage.
AVAILABLE PLATFORMS
Alchemy Markets can be traded on PC, Tablet, or Mobile through the globally recognised MT5 app. For traders with their custom platform, plug into Alchemy Markets via the FIX API and receive execution speeds as fast as 10ms or less.
How to trade Alchemy Markets on Mobile
- Download the MetaTrader 5 mobile app.
- Go to the settings tab.
- Select [New Account].
-
Add the Alchemy Markets broker you registered with.
- Alchemy Global Ltd is for clients outside of the UK and Europe.
-
Alchemy Markets Ltd is for clients inside the UK and Europe.
- Login with your Alchemy Markets account.
FOR MORE INFORMATION
Alchemy Markets Regulators
Alchemy Markets is a globally regulated CFD broker registered in Malta and Seychelles.
Alchemy Markets Ltd is regulated by the Malta Financial Services Authority (MFSA) and holds a Company Registration Number C/56519, along with an MFSA License Number IS/56519.
The MALTA domain, meant for UK and EU clients (excluding Iceland) is https://alchemymarkets.eu/
Alchemy Global Limited, trading as Alchemy Markets, is registered in Seychelles with the Registrar of Companies (reference 8429852-1) and holds a license (No. SD136) from the Seychelles Financial Services Authority (FSA No. SD136), placing it under the FSA's regulatory oversight.
The SEYCHELLES domain, meant for GLOBAL clients (excluding the US) is https://alchemymarkets.com/
Disclaimer:
*All instruments offered by Alchemy Markets are traded in the form of derivatives as CFDs.
*Their demo account provides a realistic trading environment that holds key differences from live trading conditions. Demo traders access demo liquidity, and trades made are not subject to slippage, interest, dividend adjustments, and more. Traders should ensure they are aware of these differences and can find more information regarding account features in their ‘Documents’ tab at the bottom of the page.
*They offer commission-free trading on Forex, Indices, and Metals for Classic and Premier accounts only. For information on their charges on other account types and products including Crypto CFDs and Stock CFDs, you can visit their product pages and product sheets.