General Information & Regulation
Founded in 1978 by a group of traders and based in London, UK, Alchemy Markets Prime is a Forex and CFD broker offering online solutions to private investors and institutional clients. Alchemy Markets Prime currently holds a straight-through license from the UK FCA under license number 612233.
Market Instruments
Alchemy Markets Prime provides investors with trading services for CFDs and futures on Forex, equity indices, commodities, precious metals, cryptocurrencies, all priced and executed in accordance with London LD4, New York NY4, and Tokyo TY3.
Alchemy Markets Client Base
The main client groups covered by Alchemy Markets Prime are brokers, hedge fund and fund managers, banks, and professional traders.
Alchemy Markets Minimum Deposit
Alchemy Markets Prime offers three different trading accounts, namely Classics, Premier, and VIP accounts. All three accounts have a high minimum initial deposit of $5,000 for the Classic account, $10,000 for the Premier account, and $50,000 for the VIP account, respctively. The maximum trading leverage is up to 1:30 for the Classic account, 1:200 for the Premium account, and flexible leverage applied for the VIP account.
Spreads & Commissions
Alchemy Markets official website display some real-time spreads for some currency pairs, such as EURUSD with a minimum spread of 0.3 pips, USDJPY 0.4 pips, GBPUSD 0.9 pips, AUDUSD 0.5 pips, NZDUSD 0.7 pips, and EUR/JPY 0.6 pips. For more details on the spreads, see the Alchemy Prime Markets website.
Alchemy Markets Trading Platform
Alchemy Markets Prime offers a white label MT4 trading platform solution for brokers and other financial institutions looking to build and grow their Forex and CFD business. The platform setup fee is $5,000, and the monthly fee is $1,000 (excluding mobile platforms); the mobile platform setup fee is $0, and the monthly fee is $1,000 (available upon request).
Deposit and Withdrawal
Alchemy Markets Prime supports traders to deposit and withdraw funds to their investment accounts via wire transfer, RBS, VISA, MasterCard, Skrill, and Neteller payment methods. The minimum deposit for the wire transfer method is $100.
Customer Support
The Alchemy Markets customer support can be reached through telephone, email as well as some social media platform including Twitter, Facebook and Instagram.
