Score

5.85 /10
Average

Alchemy Markets

Seychelles

5-10 years

Regulated in Malta

Market Maker (MM)

MT5 Full License

High potential risk

Offshore Regulated

B

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Score

Regulatory Index6.48

Business Index7.30

Risk Management Index0.00

Software Index8.60

License Index6.02

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Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Alchemy International Ltd

Company Abbreviation

Alchemy Markets

Platform registered country and region

Seychelles

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 3
Previous Detection : 2025-06-07
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • The United KingdomFCA regulation (license number: 612233) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Alchemy Markets · Company summary
Alchemy Markets Review Summary
Founded2017
Registered Country/RegionSeychelles
RegulationMFSA, FSA (offshore), FCA (suspicious clone)
Market InstrumentsForex, Commodities, Indices, Cryptocurrencies, Stocks, ETFs
Demo Account
Spread/
Leverage/
Trading PlatformMetaTrader, FIX API
Minimum Deposit/
Customer SupportLive chat
WhatsApp, Telegram, Facebbok, Twitter, LinkedIn, Telegram
Registered address: CT House, Office 2C, Providence, Mahe, Seychelles
Restricted RegionsEuropean Union, the United States

Alchemy Markets Information

Alchemy Markets was registered in Republic of Seychelles and claims to offers trading services in forex, commodities, indices, cryptocurrencies, stock and ETFs. It offers a demo account that is available for practicing and 3 live accounts, namely Classic, Premier, VIP accounts.

However, it currently only has one simple and non-informative website, with very limited information about its service details, background and trading conditions.

Though the company is regulated by three authority bodies: MFSA, FSA, FCA. However, the FSA and FCA regulation status are in abnormal conditions. This should raise your great attentions before commiting actual trading with this broker. Be careful and ensure you make full investigations.

Alchemy Markets' homepage

Pros and Cons

Pros Cons
MFSA regulatedOffshore FSA regulation
Demo accountsSuspicious clone FCA license
Limited transparency on its business/trading conditions

Is Alchemy Markets Legit?

Alchemy Markets is currently being regulated by MFSA (Malta Financial Services Authority), FSA (The Seychelles Financial Services Authority), FCA (Financial Conduct Authority) with license no. C 56519, SD136 and 612233 respectively.

However, it should not be neglected that the FSA regulation is offshore only, and the FCA license appears to be a suspected clone, suggesting limited oversight by these regulatory authorities.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
MFSARegulatedALCHEMY MARKETS LTD.Market Maker (MM)C56519
FSAOffshore RegulatedAlchemy International LtdRetail Forex LicenseSD136
FCASuspicious CloneAlchemy Prime LimitedStraight Through Processing (STP)612233
Regulated by MFSA
Offshore regulated by FSA
Suspicious clone FCA license

What Can I Trade on Alchemy Markets?

Trading InstrumentsSupported
Forex
Commodities
Indices
Cryptocurrencies
Stocks
ETFs
Bonds
Options

Account Type

Alchemy Markets claims to offer a demo account and 3 live accounts with commission-free struction, namely Classic, Premier, VIP accounts.

Nevertheless, we can only catch the information by one sentence in its simplistic website, nothing else can be found.

Trading Platform

Alchemy Markets shows on its website it offers MetaTrader and FIX API platforms, but we have nowhere to prove it or approach it via any links or more words.

News

ExposureWikiFX Review on Alchemy Markets

Alchemy Markets has recently become a trending topic in forex markets. WikiFX has conducted a comprehensive review to help you better understand this broker. In this article, we will analyze the reliability of Alchemy Markets by examining its specific information, regulations, and other crucial aspects. Let’s dive in.

WikiFX
2024-09-12 17:48
WikiFX Review on Alchemy Markets

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User comment

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dfghjj
more than one year
To be honest, I've lost a considerable amount of money, and the experience hasn't been great. From what I've gathered from other trading platforms, they compensate profits in more valuable ways that are different from this one.
To be honest, I've lost a considerable amount of money, and the experience hasn't been great. From what I've gathered from other trading platforms, they compensate profits in more valuable ways that are different from this one.
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2024-03-25 03:44
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FX1258585322
more than one year
Scam. Alchemy Markets is a very big scam. I was more or less deceived to invest more money than I wanted to. Got some profits in the beginning. But when I wish to withdraw was I persuaded to make new trades to make more money. After that, all trades were lost...
Scam. Alchemy Markets is a very big scam. I was more or less deceived to invest more money than I wanted to. Got some profits in the beginning. But when I wish to withdraw was I persuaded to make new trades to make more money. After that, all trades were lost...
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2023-02-27 17:14
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