{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "alchemy-markets-mt5-mt",
  "urls": {
    "html": "/demo-accounts/alchemy-markets-mt5-mt.html",
    "json": "/demo-accounts/alchemy-markets-mt5-mt.json",
    "markdown": "/demo-accounts/alchemy-markets-mt5-mt.md"
  },
  "policy": "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.",
  "record": {
    "checked": "2026-10-12",
    "tested": false,
    "funds": null,
    "currency": null,
    "fundsLabel": "Not recorded",
    "fundsNote": "Virtual funds provided; initial amount/currency and reset rules not stated",
    "expiryType": "unknown",
    "expiry": "Not established",
    "expiryNote": "Not stated in current EU demo page",
    "evidence": "documented",
    "signup": "Free Alchemy user account, then dashboard > New Demo; credentials emailed. Demo opening does not require KYC or a cash deposit.",
    "note": "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.",
    "id": "alchemy-markets-mt5-mt",
    "broker": "Alchemy Markets",
    "entity": "Crestmark Trading Ltd.",
    "regions": [
      "MT"
    ],
    "region": "MT",
    "regionLabel": "Malta",
    "researchScope": "Malta",
    "platform": "mt5",
    "platformLabel": "MetaTrader 5",
    "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.",
    "eligibility": "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.",
    "evidenceNote": "Official broker documentation; see scope and remaining checks. Signup and trading not tested.",
    "sources": [
      "alchemy-markets-2",
      "alchemy-markets-3"
    ],
    "visit": "alchemy-markets-2",
    "regulation": {
      "status": "Verified",
      "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.",
      "sources": [
        "alchemy-markets-reg-1",
        "alchemy-markets-reg-2",
        "alchemy-markets-reg-3"
      ]
    },
    "signupLink": {
      "kind": "demo-page",
      "note": "Broker demo page; select your platform to continue.",
      "status": "Official entry route",
      "url": "https://alchemymarkets.com/eu/accounts/demo/",
      "sourceUrl": "https://alchemymarkets.com/eu/accounts/demo/",
      "checked": "2026-10-13",
      "tested": false
    },
    "execution": {
      "scope": "Crestmark Trading Ltd., Malta; EU MT4 and MT5 demo page and current EU client agreement.",
      "tested": false,
      "role": {
        "value": "Principal",
        "status": "Documented",
        "note": "Client agreement §8.5 says the company always deals as principal; §32.5 identifies Crestmark Trading Ltd.",
        "sources": [
          "ex-a-alchemy-terms"
        ],
        "checked": "2026-10-13"
      },
      "arrangement": {
        "value": "Principal dealing; orders may be aggregated",
        "status": "Broker-reported",
        "note": "Agreement §§8.6–8.7 permit aggregation, split execution and average-price booking. These clauses do not establish an ECN or agency model.",
        "sources": [
          "ex-a-alchemy-terms"
        ],
        "checked": "2026-10-13"
      },
      "demo": {
        "value": "Simulation may omit live trading features",
        "status": "Documented",
        "note": "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.",
        "sources": [
          "ex-a-alchemy-demo"
        ],
        "checked": "2026-10-13"
      },
      "review": {
        "checked": "2026-10-13",
        "outcome": "Reviewed; supported findings in role, arrangement, demo. Remaining uncertainty is recorded per field and scope.",
        "remainingChecks": [
          "Identify the demo account subtype and confirm its actual spreads, commission, swaps and margin/stop-out configuration on each MT platform."
        ]
      }
    },
    "markets": {
      "scope": "Crestmark Trading Ltd. · Malta · MetaTrader 5. Market coverage not yet reviewed.",
      "tested": false,
      "forexCfd": {
        "status": "Requires Verification",
        "note": "Forex CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      },
      "cryptoCfd": {
        "status": "Requires Verification",
        "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "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.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    }
  },
  "sources": {
    "alchemy-markets-2": {
      "id": "MT-AL-B1",
      "title": "Alchemy EU — Demo Trading Account",
      "url": "https://alchemymarkets.com/eu/accounts/demo/",
      "owner": "Broker",
      "evidence": "Free forex/CFD demo; MT4/MT5 on PC/Android/iOS; dashboard New Demo signup; credentials email; no KYC before deposits/withdrawals; simulated/live differences, EAs allowed, no conversion to live. Footer identifies Crestmark Trading Ltd C56519 and EEA excluding Iceland.",
      "access_note": "Opened official EU page12Oct2026. Geographic notice says site not intended for US residents. No acknowledgement submitted and no account created."
    },
    "alchemy-markets-3": {
      "id": "MT-AL-B2",
      "title": "Alchemy EU — Trading Account Types",
      "url": "https://alchemymarkets.com/eu/accounts/",
      "owner": "Broker",
      "evidence": "Demo account free, MT4/5, zero starting deposit, forex supported; current footer names Crestmark Trading Ltd and distinguishes Seychelles Alchemy International Ltd.",
      "access_note": "Official page opened12Oct2026. Not evidence of current regulator status; MFSA record separately verifies."
    },
    "alchemy-markets-reg-1": {
      "id": "MT-AL-R1",
      "title": "MFSA Financial Services Register — CRESTMARK TRADING LTD.",
      "url": "https://fsr.mfsa.mt/",
      "owner": "Regulator",
      "evidence": "Direct record: C56519; authorised person NSFX; status Licence Authorised; Investment Firm; issue23-11-2012; website https://alchemymarkets.com/eu/. Retail permissions include dealing on own account, executing and receiving/transmitting orders in currency derivatives, CFDs and foreign exchange for investment.",
      "access_note": "Rendered Chrome record read12Oct2026. Search Crestmark, choose Investment Firm View. Detail URL uses transient token; stable register+exact search key retained. No dataset timestamp shown."
    },
    "alchemy-markets-reg-2": {
      "id": "MT-AL-B1",
      "title": "Alchemy EU — Demo Trading Account",
      "url": "https://alchemymarkets.com/eu/accounts/demo/",
      "owner": "Broker",
      "evidence": "Free forex/CFD demo; MT4/MT5 on PC/Android/iOS; dashboard New Demo signup; credentials email; no KYC before deposits/withdrawals; simulated/live differences, EAs allowed, no conversion to live. Footer identifies Crestmark Trading Ltd C56519 and EEA excluding Iceland.",
      "access_note": "Opened official EU page12Oct2026. Geographic notice says site not intended for US residents. No acknowledgement submitted and no account created."
    },
    "alchemy-markets-reg-3": {
      "id": "MT-AL-B2",
      "title": "Alchemy EU — Trading Account Types",
      "url": "https://alchemymarkets.com/eu/accounts/",
      "owner": "Broker",
      "evidence": "Demo account free, MT4/5, zero starting deposit, forex supported; current footer names Crestmark Trading Ltd and distinguishes Seychelles Alchemy International Ltd.",
      "access_note": "Official page opened12Oct2026. Not evidence of current regulator status; MFSA record separately verifies."
    },
    "ex-a-alchemy-demo": {
      "title": "Alchemy Markets EU demo FAQ",
      "url": "https://alchemymarkets.com/eu/accounts/demo/",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "What Markets Can I Trade; How Accurate are Demo Accounts; MT4/MT5 scope; Crestmark footer.",
      "access": "Official page/PDF text read through web retrieval on 2026-10-13."
    },
    "ex-a-alchemy-terms": {
      "title": "Crestmark Trading EU client agreement",
      "url": "https://alchemymarkets.com/wp-content/uploads/sites/2/2026/08/EU-Client-Agreement_AML250121.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "Sections 8.5–8.9 and 32.5; currently linked EU legal document.",
      "access": "Official page/PDF text read through web retrieval on 2026-10-13."
    }
  }
}