Alchemy Markets — MetaTrader 5

Account conditions

Research checked

2026-10-12

Testing status

Not tested

Recorded virtual amount

Requires Verification

Recorded currency

Requires Verification

Expiry category

unknown

Evidence category

Documentation reviewed

Signup requirements

Free Alchemy user account, then dashboard > New Demo; credentials emailed. Demo opening does not require KYC or a cash deposit.

Notes and remaining checks

Confirm expiry/inactivity, initial virtual balance/currency and reset rules through EU demo-specific documentation. No account opened or functionality tested. Current legal name is Crestmark, not historical Alchemy Markets Ltd/NSFX Ltd.

Record ID

alchemy-markets-mt5-mt

Broker

Alchemy Markets

Legal entity

Crestmark Trading Ltd.

Research region codes

• MT

Research region code

MT

Research region

Malta

Research scope

Malta

Platform code

mt5

Platform

MetaTrader 5

Documented terms

Simulated trades may omit slippage, interest/dividend adjustments and margin calls. No VIP raw-spread access. Demo cannot be converted directly to live. Current EU demo explicitly supports MT4/MT5 and EAs.

What the evidence establishes

Official broker documentation; see scope and remaining checks. Signup and trading not tested.

Supporting sources

• Alchemy EU — Demo Trading Account
• Alchemy EU — Trading Account Types

Official information source

Alchemy EU — Demo Trading Account

Official entry route

Visit official demo page

Route type

demo-page

Notes and remaining checks

Broker demo page; select your platform to continue.

Evidence status

Official entry route

URL

https://alchemymarkets.com/eu/accounts/demo/

Route source

https://alchemymarkets.com/eu/accounts/demo/

Research checked

2026-10-13

Testing status

Not tested

Execution and demo realism

Contractual capacity and execution arrangement are separate. ECN/STP labels do not establish agency. Simulated fills do not verify live execution quality.

Scope

Crestmark Trading Ltd., Malta; EU MT4 and MT5 demo page and current EU client agreement.

Testing status

Not tested

Contractual role

Finding

Principal

Evidence status

Documented

Notes and remaining checks

Client agreement §8.5 says the company always deals as principal; §32.5 identifies Crestmark Trading Ltd.

Supporting sources

• Crestmark Trading EU client agreement

Research checked

2026-10-13

Execution arrangement

Finding

Principal dealing; orders may be aggregated

Evidence status

Broker-reported

Notes and remaining checks

Agreement §§8.6–8.7 permit aggregation, split execution and average-price booking. These clauses do not establish an ECN or agency model.

Supporting sources

• Crestmark Trading EU client agreement

Research checked

2026-10-13

Demo realism

Finding

Simulation may omit live trading features

Evidence status

Documented

Notes and remaining checks

EU MT4/MT5 FAQ says demo has no raw spreads and simulated trades may omit slippage, interest/dividend adjustments and insufficient-funds margin calls. Matching feeds do not make execution identical.

Supporting sources

• Alchemy Markets EU demo FAQ

Research checked

2026-10-13

Research review

Research checked

2026-10-13

Review outcome

Reviewed; supported findings in role, arrangement, demo. Remaining uncertainty is recorded per field and scope.

Remaining checks

• Identify the demo account subtype and confirm its actual spreads, commission, swaps and margin/stop-out configuration on each MT platform.

Demo markets

Scope

Crestmark Trading Ltd. · Malta · MetaTrader 5. Market coverage not yet reviewed.

Testing status

Not tested

Forex CFDs

Evidence status

Requires Verification

Notes and remaining checks

Forex CFD demo access has not been established for this entity and platform.

Supporting sources

No supporting source recorded for this field.

Research checked

Requires Verification

Cryptocurrency CFDs

Evidence status

Requires Verification

Notes and remaining checks

Cryptocurrency CFD demo access has not been established for this entity and platform.

Supporting sources

No supporting source recorded for this field.

Research checked

Requires Verification

API access

Evidence status

Requires Verification

Type

Requires Verification

Access route

Not established for this offering

Notes and remaining checks

API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.

Requirements

Confirm the account, platform and regional requirements with the broker.

Supporting sources

No supporting source recorded for this field.

Official documentation

No supporting source recorded for this field.

Research checked

Requires Verification

Testing status

Not tested

Entity and regulatory research

Evidence status

Verified

Legal entity

Crestmark Trading Ltd.

Regulator

Malta Financial Services Authority (MFSA)

Finding

Scope

EU/EEA scope: broker states EEA excluding Iceland; no services outside EEA, or where unlawful. Current MFSA record lists retail clients. Do not substitute Seychelles entity.

Supporting sources

• MFSA Financial Services Register — CRESTMARK TRADING LTD.
• Alchemy EU — Demo Trading Account
• Alchemy EU — Trading Account Types

Reading the evidence

Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.

Official sources