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Alkimiya Markets

Saint Vincent and the Grenadines|2-5 years|
Suspicious Regulatory License|MT4/5 full license|Regional Brokers|High potential risk|


Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

Server Name
AlkimiyaMarkets-LIVE MT5
Server Location United Kingdom


+44 20 3289 9194
First St Vincent Bank Building, James Street, KingsTown, St Vincent and Grenadines.


No valid regulatory information, please be aware of the risk!

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Contact number


+44 20 3289 9194

Broker Information


Company Name

Alkimiya Markets LLC

Company Abbreviation

Alkimiya Markets

Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away!
Previous Detection : 2023-11-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Alkimiya Markets · Company Summary

General Information

Alkimiya Markets is an offshore forex broker offering its clients access to a series of trading instruments, such as Currencies Pairs, Metals, Commodities, Energies, and Stocks. Alkimiya Markets is a trading name of Alkimiya Market LLC, a company registered in Saint Vincent and the Grenadines, with the company number 787LLC2021.


Regulatory Details

Alkimiya Marketss regulatory status is displayed as “No License” on WikiFX, as it has been verified that this forex broker is not authorized or regulated by any regulatory authorities, and this broker got a low score of 1.59/10 on WikiFX. Investors should take extra vigilance before investing with this broker.


Market Instruments

With Alkimiya Market, traders can get access to multiple financial markets. Different types of trading assets including Foreign Exchange, Indices, Metals, Energies, and Stocks, are all available through this brokerage platform.


Account Types

Three tiered trading accounts are available with the Alkimiya Markets platforms, namely Mini, Gold, and ECN. The minimum initial deposit to open a Mini account is acceptable 100 USD, while this requirement for the Gold and ECN accounts soars to $5,000 and $25,000, respectively, as they are designed for professional and experienced traders with large trading volumes.

Swap-free options are applicable with the Mini and Gold accounts, and swaps will be charged on the ECN account. Margin Call for the first two accounts is 20% and for the ECN account 100%. Scalping is not allowed.

Aside from living accounts, the demo accounts area is also offered for beginners to test this platforms trading environment with virtual funds.


The maximum trading leverage is up to 1:400, which is considered high. Since Alkimiya Markets is an offshore broker under no restriction on leverage, it offers high leverage to attract new investors.

Bear in mind that leverage can magnify gains as well as losses. Investors should choose the proper amount based on their trading style and risk tolerance.

Spreads & Commissions

Spreads and commissions are determined by trading accounts. The Mini and the Gold accounts charge no additional commission, with spreads from 2 pips. The ECN account offers a raw spread from 0.0 pips, with a commission of $3 per million charged.

Trading Platform

Alkimiya Markets offers its clients access to the leading MT5 trading platform, which can be accessed on any device. MT5 offers advanced financial trading functions, as well as superior tools for technical and Fundamental analysis.

Deposit & Withdrawal

Alkimiya Markets allows its clients to make a deposit and withdrawal through the limited payment options, which include the following:

  • VISA

  • MasterCard

  • Skrill

  • Neteller


The minimum initial deposit is $100, and its minimum withdrawal amount is not disclosed.

Customer Support

For any inquiries or trading-related problems can get in touch with this broker through the following channels:

Telephone: +44 20 3289 9194


Online Communication

Company Address:

First St Vincent Bank Building,

James Street, KingsTown,

St Vincent and Grenadines.

Risk Warning

Forex trading and leveraged trading carry a high level of risks, and it is not suitable for all investors.

Please note that the information contained in this article is for general information purposes only.

User Reviews

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more than one year
Leverage is on the lower side with only 1:200 but besides that has exceptional live support with fast solutions. I only traded with this broker for three months, and I left it because I do really try brokers offering higher leverage, for I usually trade with tiny amount. Have no more to say, and I really want to say is that we may encounter various brokers on the market, failed tries, successful tries, and the most important thing is that we could learn from previous behaviors.
2023-03-23 09:47
more than one year
Spreads on this platform are quite competitive, and it also provides mt5 trading platform… I’ve traded with its demo accounts, and it did surprise me. I even made some profits…. have decided to open a real account…
2022-11-30 17:42
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