Alchemy International Ltd

Alchemy International Ltd, trading as Alchemy Markets, is a forex and CFD broker registered in the Seychelles. The broker operates the website alchemymarkets.com and is licensed by the Seychelles Financial Services Authority (FSA) as a Securities Dealer. Industry databases indicate the broker has been in operation since 2016, though its official registration date is not publicly listed.

The broker positions itself as a bridge between institutional and retail trading, offering access to deep liquidity from multiple tier-1 banks. Alchemy Markets is headquartered in Providence, Mahe, Seychelles, and serves clients globally, with separate regulated entities for the UK and EU markets.

Alchemy Markets is regulated by the Seychelles FSA under licence. The FSA is an offshore regulator that does not impose stringent capital requirements or offer investor compensation schemes, which is typical for brokers based in the Seychelles. This regulatory status means that client funds are not covered by a compensation scheme in the event of broker insolvency.

The broker also operates subsidiary entities: Alchemy Prime Limited is authorised by the UK Financial Conduct Authority (FCA), and Alchemy Capital Ltd is licensed by the Malta Financial Services Authority (MFSA). These entities serve clients in the UK and EU respectively, offering higher regulatory protections. However, the main brand Alchemy Markets on the .com domain operates under the Seychelles licence.

Alchemy Markets offers a range of account types tailored to different trader profiles. The Classic Account requires a minimum deposit of $1,000 and is designed for retail traders seeking institutional-style execution with no commissions on forex pairs. The Premier Account starts at $5,000 and offers tighter spreads, also commission-free on selected asset classes. The VIP Account is geared towards professional traders and institutions, with raw spreads from 0.0 pips and a commission structure starting at $4 per lot round-turn.

The broker also provides a free Demo Account for practice. The minimum deposit for standard accounts is $1,000, which is higher than many competitors, but the broker claims this curates a more serious trading clientele. Account base currencies typically include USD, EUR, and GBP.

Alchemy Markets supports the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available for desktop, web, and mobile devices. These platforms offer advanced charting, automated trading via Expert Advisors (EAs), and a wide range of technical indicators. Additionally, the broker provides a FIX API for direct market access, catering to algorithmic and high-frequency traders.

The trading environment is built around 100% straight-through processing (STP) execution, with the broker claiming order execution speeds of under 10 milliseconds. Traders can access a range of tools including a margin requirements calculator and educational resources. The platforms are compatible with VPS hosting for low-latency trading.

Alchemy Markets offers trading across more than 10 asset classes, including forex majors, minors, and exotics; spot metals such as gold and silver; commodities like oil and natural gas; stock CFDs on major global exchanges; indices; exchange-traded funds (ETFs); and cryptocurrencies. The broker aggregates liquidity from over 20 tier-1 banks and non-bank providers to ensure competitive pricing.

The broker does not charge commissions on most account types for forex and metals trading, though VIP accounts incur a per-lot fee. Spreads on the Classic and Premier accounts are variable and marketed as tight, while VIP accounts offer raw spreads from 0.0 pips plus commission. Leverage is offered up to 1:500 for professional clients, though retail clients under regulatory entities face lower limits.

Alchemy Markets is primarily aimed at retail traders who seek institutional-grade trading conditions. The higher minimum deposits ($1,000 for the Classic account) suggest the broker targets more committed traders rather than beginners. The availability of raw spreads and FIX API also appeals to professional and algorithmic traders.

For traders based in regions with strict regulatory oversight (e.g., UK or EU), the broker provides separate regulated entities under FCA and MFSA, which offer stronger investor protections. However, clients outside those regions may be onboarded under the Seychelles entity, which carries higher counterparty risk. The broker is not available to residents of the United States or certain other jurisdictions.