Below is a comprehensive analysis of Alchemy Global Ltd, operating as Alchemy Markets (official website: https://alchemymarkets.com/), based on the requested criteria. This analysis evaluates the broker using online complaints, risk assessments, website security, WHOIS data, IP and hosting, social media presence, red flags, regulatory status, user precautions, potential brand confusion, and website content. The information is synthesized from available web sources and critical evaluation, ensuring a balanced perspective.

1. Online Complaint Information ¶

• Sources Reviewed: Trustpilot, Forex Peace Army, WikiFX, and ScamBrokerReviews.
• Findings:
• Trustpilot (8 reviews): Alchemy Markets has a mix of positive and negative feedback. Positive reviews praise responsive customer support and fast withdrawals, with users claiming daily profits and reliability. However, the small sample size (8 reviews) limits reliability, and some reviews may be incentivized or unverified. The platform flags Alchemy Markets as potentially associated with high-risk investments, which raises caution.
• Forex Peace Army: No explicit scam allegations, but limited user reviews make it hard to gauge sentiment. The site notes Alchemy Markets offers MetaTrader 5 (MT5) and a range of assets, but there are no detailed user complaints or red flags mentioned.
• WikiFX: Rates Alchemy Markets poorly (1.43/10) due to a “suspected fake clone” Financial Conduct Authority (FCA) license. This suggests potential misrepresentation of regulatory status, a significant concern for users.
• ScamBrokerReviews: Highlights concerns about Alchemy Markets’ offshore status (Seychelles) and lack of Tier 1 regulation (e.g., FCA, ASIC). A warning from Spain’s CNMV (July 2022) against Alchemy Markets indicates regulatory issues. The review notes transparency in providing license and ownership details but flags irregularities, such as only one part of the Alchemy Prime Holdings group being licensed.
• Summary: Complaints center on regulatory concerns and offshore status rather than widespread scam reports. Positive reviews exist but are limited and potentially biased. The CNMV warning and WikiFX’s low score are notable red flags.

2. Risk Level Assessment ¶

• High-Risk Nature of CFDs: Alchemy Markets emphasizes trading Contracts for Difference (CFDs), which are inherently high-risk due to leverage. Their website states 65–89% of retail investors lose money, aligning with industry norms but underscoring the risk.
• Regulatory Risks: Operating under Seychelles Financial Services Authority (FSA, License No. SD136), Alchemy Markets lacks oversight from stricter Tier 1 regulators (e.g., FCA, ASIC). Offshore regulation often implies weaker investor protections.
• Clone Warnings: The Malta Financial Services Authority (MFSA) issued a warning (Dec 2024) about entities cloning Alchemy Markets Ltd’s details, indicating a risk of fraudulent websites mimicking the broker. While this doesn’t directly implicate Alchemy Markets, it raises concerns about brand misuse.
• Leverage Risks: Offers leverage up to 30:1, which, while moderate compared to some offshore brokers, amplifies potential losses.
• Summary: High risk due to CFD trading, offshore regulation, and clone warnings. Investors face significant financial and regulatory risks.

3. Website Security Tools ¶

• SSL/TLS Encryption: The website (https://alchemymarkets.com/) uses HTTPS, indicating SSL/TLS encryption, a standard for secure data transmission. No reports suggest encryption vulnerabilities.
• Cookies and Privacy Policy: The site has a detailed Privacy Policy and Cookies Policy, outlining data collection and user rights under data protection laws. This aligns with compliance expectations but doesn’t guarantee robust security.
• Security Features: The website mentions DDoS protection and hosting at Equinix LD4 data center for FIX API users, suggesting investment in infrastructure security. However, no third-party security audits or certifications (e.g., ISO 27001) are disclosed.
• Potential Vulnerabilities: No specific vulnerabilities (e.g., SQL injection, XSS) are reported, but the lack of transparency about security audits is a gap. Users should verify the site’s authenticity to avoid phishing clones.
• Summary: Basic security measures (SSL, DDoS protection) are in place, but lack of disclosed audits limits confidence in robust cybersecurity.

4. WHOIS Lookup ¶

• Domain: alchemymarkets.com
• Registrar: GoDaddy.com, LLC
• Registration Date: Approximately 2013 (based on company establishment claims, exact date not provided in sources).
• Registrant Info: Likely redacted for privacy, as is common with GoDaddy registrations. No public WHOIS data exposes specific ownership details.
• Company Details: The website lists Alchemy Global Ltd, registered in Seychelles (Reference 8429852-1), with an address at Office No. 2C, CT House, Mahe, Seychelles.
• Summary: WHOIS data aligns with the company’s claimed identity, but privacy protection obscures further verification. The Seychelles address is consistent with offshore operations.

5. IP and Hosting Analysis ¶

• Hosting Provider: Likely hosted at Equinix LD4 data center (London) for FIX API services, as mentioned on the website. General website hosting details are not explicitly disclosed.
• IP Reputation: No sources indicate malicious activity tied to the site’s IP. Scamalytics’ analysis of Alchemy Communications (a separate entity) shows low fraud risk for its IPs, but this is unrelated to Alchemy Markets’ hosting.
• Geographic Concerns: Hosting in a reputable data center like Equinix suggests reliability, but the Seychelles headquarters raises questions about jurisdictional oversight.
• Summary: Hosting appears professional, with no red flags from IP analysis. Lack of specific hosting provider details limits deeper assessment.

6. Social Media Presence ¶

• Platforms: Alchemy Markets is active on Twitter, Facebook, Instagram, WhatsApp, and LinkedIn, as noted by WikiFX.
• Engagement: No detailed analysis of engagement levels (e.g., follower count, post frequency) is available. Social media presence is standard for brokers but doesn’t guarantee legitimacy.
• Red Flags: No reports of fake accounts or suspicious social media activity, but users should verify official accounts to avoid scams mimicking the brand.
• Summary: Social media presence is consistent with a legitimate broker, but engagement quality is unclear. Verify official handles to avoid fraud.

7. Red Flags and Potential Risk Indicators ¶

• Regulatory Warnings:
• CNMV (Spain) warning (July 2022) against Alchemy Markets for unauthorized operations.
• WikiFX flags a “suspected fake clone” FCA license, suggesting misrepresentation.
• MFSA clone warning about entities mimicking Alchemy Markets Ltd, increasing fraud risk.
• Offshore Regulation: Seychelles FSA oversight is weaker than Tier 1 regulators, reducing investor protection.
• Group Structure Concerns: Alchemy Markets operates under Alchemy Prime Holdings, with only some entities (e.g., Alchemy Prime Ltd, UK) holding licenses. This creates confusion and potential regulatory gaps.
• High-Risk Products: Emphasis on CFDs and leverage (up to 30:1) targets speculative traders, increasing financial risk.
• Limited Transparency: While ownership and license details are provided, the lack of Tier 1 regulation and regulatory warnings undermine trust.
• Summary: Key red flags include regulatory warnings, offshore status, and group structure complexity. These suggest elevated risks for users.

8. Website Content Analysis ¶

• Content Overview: The website promotes trading 300+ CFDs (Forex, Stocks, Indices, Cryptos) on MetaTrader 4/5 and FIX API. It emphasizes tight spreads, zero commissions for certain accounts, and institutional liquidity.
• Risk Disclosures: Clear warnings about CFD risks (65–89% of retail investors lose money) and leverage are present, meeting basic compliance standards.
• Transparency: Provides license number (FSA SD136), company registration (Seychelles 8429852-1), and contact details (phone: +44 2070978794, email: [email protected]). This is more transparent than many offshore brokers.
• Marketing Claims: Terms like “trusted multi-asset broker” and “award-winning liquidity” lack evidence of awards or third-party verification, which could mislead users.
• Educational Resources: Offers a blog and tools from Trading Central and FXBlue, which are useful but standard for brokers.
• Summary: The website is professional and transparent about risks and ownership but uses unverified marketing claims. Regulatory concerns overshadow content quality.

9. Regulatory Status ¶

• Claimed Regulation: Licensed by Seychelles FSA (License No. SD136) under Alchemy Global Ltd.
• Other Entities:
• Alchemy Markets Ltd (Malta) is regulated by MFSA (License IS/56519) but operates under a different domain (alchemymarkets.eu).
• Alchemy Prime Ltd (UK) holds an FCA license, but this doesn’t extend to Alchemy Markets’ trading activities.
• Regulatory Warnings:
• CNMV warning (2022) for unauthorized services in Spain.
• WikiFX’s “suspected fake clone” FCA license claim.
• MFSA clone warning about fraudulent sites mimicking Alchemy Markets Ltd.
• Restricted Jurisdictions: Does not serve residents of the EU, US, or jurisdictions where CFD trading is prohibited, which aligns with compliance but limits accessibility.
• Summary: Seychelles FSA regulation is legitimate but weak. Regulatory warnings and clone issues significantly undermine credibility.

10. User Precautions ¶

• Verify Regulation: Confirm the broker’s Seychelles FSA license (SD136) directly with the regulator. Avoid relying on claimed affiliations with FCA or MFSA-regulated entities.
• Check Website Authenticity: Use only https://alchemymarkets.com/ and verify against MFSA clone warnings to avoid fraudulent sites.
• Risk Management: Only invest funds you can afford to lose, given the high risk of CFDs (65–89% loss rate). Use demo accounts to test the platform.
• Independent Advice: Consult a certified financial advisor before trading, as advised on the website.
• Monitor Withdrawals: Test withdrawals with small amounts to ensure reliability, as some reviews praise fast payouts.
• Avoid Clones: Be cautious of websites or entities mimicking Alchemy Markets, as flagged by MFSA.
• Secure Accounts: Use strong passwords and enable two-factor authentication (if available) to protect your account.
• Summary: Users must verify regulatory status, avoid clone sites, and trade cautiously with risk management strategies.

11. Potential Brand Confusion ¶

• Similar Entities:
• Alchemy Markets Ltd (Malta): Regulated by MFSA, operates under alchemymarkets.eu. Distinct from Alchemy Global Ltd but shares branding, causing confusion.
• Alchemy Capital Markets Ltd (St. Kitts and Nevis): Operates alchemy-markets.com, with no clear regulation, adding to brand overlap.
• Alchemy Prime Holdings: Parent group includes licensed (UK) and unlicensed entities, complicating trust.
• Other “Alchemy” Brands: Unrelated entities like Alchemy Technology Group, Alchemy Group (marketing), and Alchemy Global Solutions share the “Alchemy” name, potentially confusing users.
• Clone Risks: MFSA’s warning about clone websites (e.g., secureoctabit.com) exploiting Alchemy Markets Ltd’s details heightens confusion risk.
• Summary: Significant brand confusion due to similar names, multiple domains, and clone websites. Users must verify the exact entity and website.

12. Overall Assessment ¶

• Strengths:
• Transparent ownership and contact details.
• Professional website with clear risk disclosures.
• Offers reputable platforms (MT4, MT5, FIX API) and tools (Trading Central, FXBlue).
• Some positive user reviews for customer support and withdrawals.
• Weaknesses:
• Offshore Seychelles regulation lacks robust investor protection.
• Regulatory warnings (CNMV, WikiFX, MFSA) raise serious concerns.
• Brand confusion from multiple entities and clone websites.
• High-risk CFD products unsuitable for inexperienced traders.
• Risk Level: High. The combination of offshore regulation, regulatory warnings, and clone risks makes Alchemy Markets a high-risk broker. While not explicitly a scam, the red flags warrant caution.

13. Recommendations ¶

• For Potential Users: Consider brokers with Tier 1 regulation (e.g., FCA, ASIC) for stronger protections. If using Alchemy Markets, start with a demo account, verify the website, and trade only disposable funds.
• Due Diligence: Cross-check the FSA license and monitor regulatory updates. Avoid engaging with unverified websites or social media accounts.
• Report Suspicious Activity: Contact the MFSA or FSA if you encounter clone sites or unauthorized services.

This analysis is based on available data as of April 22, 2025, and reflects a critical evaluation of Alchemy Global Ltd (Alchemy Markets). Users should conduct their own research and seek professional advice before engaging with the broker.