Abstract: 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.
Alchemy Markets Review Summary | |
Founded | 2017 |
Registered Country/Region | Seychelles |
Regulation | MFSA, FSA (offshore), FCA (suspicious clone) |
Market Instruments | Forex, Commodities, Indices, Cryptocurrencies, Stocks, ETFs |
Demo Account | ✅ |
Spread | / |
Leverage | / |
Trading Platform | MetaTrader, FIX API |
Minimum Deposit | / |
Customer Support | Live chat |
WhatsApp, Telegram, Facebbok, Twitter, LinkedIn, Telegram | |
Registered address: CT House, Office 2C, Providence, Mahe, Seychelles | |
Restricted Regions | European Union, the United States |
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.
Pros | Cons |
MFSA regulated | Offshore FSA regulation |
Demo accounts | Suspicious clone FCA license |
Limited transparency on its business/trading conditions |
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 Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
![]() | MFSA | Regulated | ALCHEMY MARKETS LTD. | Market Maker (MM) | C56519 |
![]() | FSA | Offshore Regulated | Alchemy International Ltd | Retail Forex License | SD136 |
![]() | FCA | Suspicious Clone | Alchemy Prime Limited | Straight Through Processing (STP) | 612233 |
Trading Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ✔ |
Cryptocurrencies | ✔ |
Stocks | ✔ |
ETFs | ✔ |
Bonds | ❌ |
Options | ❌ |
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.
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.