

This company offers a variety of trading services under FCA regulations. A troubling part is that only one of part of the holdings has a license and others don’t. The whole corporation is under Alchemy Prime Holdings, based in the UK.
Under this parent company you have Alchemy Prime LTD ( UK ), Alchemy Global Limited ( that is Alchemy Markets ) – Seychelles and Prime Intermarket Asia Pacific Limited ( Vanuatu ).
Let’s see what more we found in our detailed Alchemy Markets review.
In addition, we recommend reading our reviews about brokers Primefin, IGFB and ViaMarketsGo.
Broker status: | Regulated / Offshore Broker |
Regulated by: | FCA |
Websites: | Alchemymarkets.com Alchemyprime.uk Fxpig.com |
Blacklisted as a Scam by: | CNMV |
Owner: | Alchemy Prime Limited / Alchemy Global Limited |
Headquarters Country: | UK / Seychelles / UAE |
Foundation year: | 1978 |
Supported Platforms: | MT4 / MT5 / FIX API |
Minimum Deposit: | 1000$ |
Cryptocurrencies: | Yes |
Types of Assets: | Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs |
Maximum Leverage: | Up to 1:500 |
Free Demo Account: | Yes. |
Accepts US clients: | Yes. |
Site Grid: | Alchemyprime. uk |
Alchemy Markets is a Legitimate Broker?
This company is one of the rare, ones that provide all the necessary information to clients. First license number and ownership information.
Second, trading and contact information. All this combined brings a lot of joy and trust when you are in trading.
With Alchemy Markets, all the important information is available. Besides that, you can still find some irregularities. As a result of research, you can always find pros and cons. But a warning from a regulatory body is not a good start.
Arguments For Trading With a Licensed Broker
With a licensed broker, you know what you are dealing with. The regulatory body controls its activities and you have protection in case something goes wrong.
The FOS ( Financial Ombudsman Service ) and FSCS ( Financial Services Compensation Scheme ) are the ones you contact if you have a complaint. These institutions don’t cover protection for activities that don’t require FCA approval. But at least they can provide you with compensation in the case that company goes out of business.
That’s why we always look for companies with Tier 1 Regulations like FCA, BaFin or ASIC.
Alchemy Prime as a payment provider has a license from FCA, but Alchemy Markets trading doesn’t. Confirmed through FCA database research.
Financial Regulators’ Warnings as a Red Flag of a Scam
In July 2022 a CNMV ( Spain ) issued a warning against Alchemy Markets. Alchemy Markets broker is an offshore company working under Alchemy Group.
Alchemy Markets directly doesn’t have any license so far. Their payment provider company – Alchemy Group is FCA-regulated and that’s a speculative part.
That is why you might have some potential issues with this company.
Analysis of Customer Reviews Related to Alchemy Markets
What was very strange in the Alchemy Markets review is that we found almost nothing. On Trust Pilot, at the moment of writing was only 1 review since November 2022.
The average rating was 3.7 out of 5. That is strange and got us thinking if these Alchemy Markets reviews are honest.
Alchemy Markets Trading Platform – Available Trade Software
Alchemy Markets broker provides a wide spread of options for trading. Mostly trusted ones. Meta Trader 4/5 and Fix API are fast and trusted apps for trading.
The availability of different options is always good. Because it gives a wide range of possibilities and trading tools.
What Financial Instruments Does The Platform Include?

The available range of instruments is great. It covers different instrument classes like:
- Forex USD/JPY, GBP/AUD, CAD/NZD
- Commodities Natual Gas, XAU/USD, XPB/USD
- Indices DJ30, DE30, UK100
- Stocks CFD Apple, Nvidia, Netflix
- Cryptos CFD ADA/USDT, LINK/USDT, DOGE/USDT
Some assets are highly attractive to people like DogeCoin. With those be extremely careful since they are very volatile.
MetaTrader 4&5
Meta Trader 4&5 are the standardized platform for trading. Its trading tools and fast execution are undisputed.
Availability for mobile devices is another benefit. You can trade on the go, wherever you are.
FIX API
This is great for everyday traders. It has great connectivity with very low latency. Therefore, the execution of trades is very fast.
Why traders love this app because they can integrate it with some other platform or trading strategy tool.
Alchemy Markets Fraud Risk Zones – Service Countries
According to regulations FCA allows companies to trade with EEA citizens. However, their offshore entity can do more, they are trading with countries like:
- US
- Australia
- Spain
- Italy
- UK
There is a high chance that some other countries are targeted. Just make sure that you go through T&C before starting.
Before we go any further, we suggest reading our brokerage reviews on Wilton Option, Sato4x, and Solar Markets.
Alchemy Markets List of Account Types
Alchemy Markets broker offers 3 different account types. Those are Classic, Premier and VIP. Initial investment ranges from a minimum 1.000$ up to 50.000$ for VIPs.

All account types give you the same access to financial instruments. The only benefit a higher account brings you is a lower commission on some assets.
Alchemy Markets Demo Trading Account
A Demo Account is a great option to test the platform. With Alchemy Markets that option is available.
So, before investing money, see how it goes with virtual funds. Just make sure that you don’t gamble. Because that will affect your thinking when you invest real money.
Promotional Types Alchemy Markets Provides
Alchemy Markets promotes as well partnership programs. That requires bringing people with referral links.
An additional benefit is that you get guaranteed fast payouts. Besides that, you get a portal with sign-up tools, a personalized performance website and more.
Alchemy Markets Terms and Conditions
These T&Cs are clear as the sky. You can read them anytime. It’s available in PDF form so you can as well download it.
Go through everything thoroughly before investing money.
Leverage, Spreads and Commission
For any account type leverage is up to 1:30 or 1:500. It all depends on the asset you are trading and the entity you use. Spreads are not disclosed, but you can check them through a demo account.
Looks like this is commission-based trading since for any trading class you have different commissions. It is in percentages or fixed depending on assets.
You’ve Experienced Issues With Alchemy Markets? – Please Tell Us Your Story
Don’t be ashamed if you have issues. Especially not if it was Alchemy Markets. They look like a reliable company and they provide you with all the security information.
If for any reason that was the case, let us know. You can always file a complaint or chargeback.
What Is the Chargeback Procedure?
This simple procedure reverses a transaction. It should be performed in a certain period of time. But only if you were using a debit/Credit card. Book free consultation for the first step today!
What Is Alchemy Markets?
Alchemy Markets is a company that is offering trading services under the cover of Alchemy Prime corporation.
Is Alchemy Markets a Legit Broker?
There are potential issues with this broker. Their payment provider, the parent company offers licenses, but an offshore entity doesn’t.
Is Alchemy Markets Available in the United States or the UK?
To both countries mentioned, Alchemy Markets provides its services.
Does Alchemy Markets Offer a Demo Account?
Yes. Besides 3 live trading accounts, you can choose first to try their features with a demo account.