Score

5.20 /10
Average

ALCHEMY PRIME

United Kingdom

10-15 years

Regulated in United Kingdom

Straight Through Processing(STP)

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 3

Exposure

Time Machine
Website

Score

Regulatory Index6.32

Business Index8.08

Risk Management Index0.00

Software Index5.69

License Index5.50

Time Machine
Website

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 Prime Ltd.

Company Abbreviation

ALCHEMY PRIME

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-01-22
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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Pyramid scheme complaint
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ALCHEMY PRIME · Company summary
ALCHEMY PRIMEReview Summary
Founded2018-10-10
Registered Country/RegionUnited Kingdom
RegulationRegulated
Market InstrumentsForex/Stock indices/Metals/Commodities/Cryptocurrencies
Demo Account
LeverageUp to 1:200
SpreadTight spreads
Trading PlatformMT4
Min Deposit/
Customer SupportPhone: +44 2070978794
Email: support@alchemyprime.uk

ALCHEMY PRIME Information

ALCHEMY PRIME is a FCA licensed brokerage company specializing in online investment and trading services. The tradable instruments include forex, stock indices, metals, commodities, and cryptocurrencies. Traders can access MT4 for online trading and use 200x leverage.

ALCHEMY PRIME Information

Pros and Cons

Pros Cons
Leverage up to 1:200Negative comments about difficulty in withdrawal
24-hour supportNo deposit and withdrawal information
RegulatedNo Islamic accounts
MT4 available
Various tradable instruments

Is ALCHEMY PRIME Legit?

ALCHEMY PRIME is regulated by FCA under license No. 612233, making it safer than unregulated.

Is ALCHEMY PRIME Legit?
Is ALCHEMY PRIME Legit?

What Can I Trade on ALCHEMY PRIME?

ALCHEMY PRIME offers various market instruments, including forex, stock indices, metals, commodities, and cryptocurrencies.

Tradable Instruments Supported
Forex
Commodities
Stock Indices
Cryptocurrencies
Metals
Shares
ETFs
Bonds
Mutual Funds
What Can I Trade on ALCHEMY PRIME?

ALCHEMY PRIME Fees

The commission is as low as 5 per million. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:200 meaning that profits and losses are magnified 200 times.

Trading Platform

ALCHEMY PRIME cooperates with the authoritative MT4 trading platform, which is available on desktop, mobile, and web. Junior traders prefer MT4 over MT5, which offers various trading strategies and implements EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop/Mobile/WebJunior traders
Trading Platform

User Reviews

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User comment

7

Comments

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Dantistatic
more than one year
My interaction with ALCHEMY PRIME has been extremely distressing. Overt signs of a fraud platform are evident, witnessed in their inability to process withdrawals and their non-existent registered address. I have suffered from not only failed withdrawals but also a total lack of contact from their end. To make matters worse, their usage of a non-existent address further seals their fraudulent identity. In addition, they've operated a Ponzi Scheme, misleading investors to contribute more funds with the promise of high returns. Alarmingly, the firm does not even provide MT4 access, a fundamental platform used extensively in forex trading. I strongly urge others to steer clear of Alchemy Prime to avoid falling victim to their deceitful practices.
My interaction with ALCHEMY PRIME has been extremely distressing. Overt signs of a fraud platform are evident, witnessed in their inability to process withdrawals and their non-existent registered address. I have suffered from not only failed withdrawals but also a total lack of contact from their end. To make matters worse, their usage of a non-existent address further seals their fraudulent identity. In addition, they've operated a Ponzi Scheme, misleading investors to contribute more funds with the promise of high returns. Alarmingly, the firm does not even provide MT4 access, a fundamental platform used extensively in forex trading. I strongly urge others to steer clear of Alchemy Prime to avoid falling victim to their deceitful practices.
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2023-12-13 15:48
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马林
more than one year
ALCHEMY PRIME claims to be registered in the UK and regulated by the FCA, but their address has no office! It's kind of astonishing.
ALCHEMY PRIME claims to be registered in the UK and regulated by the FCA, but their address has no office! It's kind of astonishing.
Translate to English
2023-03-01 10:07
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