# Alchemy Markets — MetaTrader 5 Malta research scope · Crestmark Trading Ltd.. Documentation reviewed. Reference page: /demo-accounts/alchemy-markets-mt5-mt.html 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. ## Research checked 2026-10-12 ## Testing status Not tested ## Recorded virtual amount Requires Verification ## Recorded currency Requires Verification ## Virtual funds Not recorded ## Balance qualifications Virtual funds provided; initial amount/currency and reset rules not stated ## Expiry category unknown ## Expiry rule Not established ## Expiry qualifications Not stated in current EU demo page ## 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. ## Eligibility and regional limits 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. ## What the evidence establishes Official broker documentation; see scope and remaining checks. Signup and trading not tested. ## Supporting sources - [Alchemy EU — Demo Trading Account]() — source ID: alchemy-markets-2 - [Alchemy EU — Trading Account Types]() — source ID: alchemy-markets-3 ## Official information source [Alchemy EU — Demo Trading Account]() ## 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.]() — source ID: alchemy-markets-reg-1 - [Alchemy EU — Demo Trading Account]() — source ID: alchemy-markets-reg-2 - [Alchemy EU — Trading Account Types]() — source ID: alchemy-markets-reg-3 ## Official entry route ### 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 ### 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]() — source ID: ex-a-alchemy-terms #### 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]() — source ID: ex-a-alchemy-terms #### 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]() — source ID: ex-a-alchemy-demo #### 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 ## Official sources ### Alchemy EU — Demo Trading Account Source ID: alchemy-markets-2 https://alchemymarkets.com/eu/accounts/demo/ #### Source owner Broker #### Evidence category 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. #### Source access note Opened official EU page12Oct2026. Geographic notice says site not intended for US residents. No acknowledgement submitted and no account created. ### Alchemy EU — Trading Account Types Source ID: alchemy-markets-3 https://alchemymarkets.com/eu/accounts/ #### Source owner Broker #### Evidence category Demo account free, MT4/5, zero starting deposit, Forex supported; current footer names Crestmark Trading Ltd and distinguishes Seychelles Alchemy International Ltd. #### Source access note Official page opened12Oct2026. Not evidence of current regulator status; MFSA record separately verifies. ### MFSA Financial Services Register — CRESTMARK TRADING LTD. Source ID: alchemy-markets-reg-1 https://fsr.mfsa.mt/ #### Source owner Regulator #### Evidence category 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. #### Source 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 EU — Demo Trading Account Source ID: alchemy-markets-reg-2 https://alchemymarkets.com/eu/accounts/demo/ #### Source owner Broker #### Evidence category 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. #### Source access note Opened official EU page12Oct2026. Geographic notice says site not intended for US residents. No acknowledgement submitted and no account created. ### Alchemy EU — Trading Account Types Source ID: alchemy-markets-reg-3 https://alchemymarkets.com/eu/accounts/ #### Source owner Broker #### Evidence category Demo account free, MT4/5, zero starting deposit, Forex supported; current footer names Crestmark Trading Ltd and distinguishes Seychelles Alchemy International Ltd. #### Source access note Official page opened12Oct2026. Not evidence of current regulator status; MFSA record separately verifies. ### Alchemy Markets EU demo FAQ Source ID: ex-a-alchemy-demo https://alchemymarkets.com/eu/accounts/demo/ #### Source owner Broker #### Research checked 2026-10-13 #### Source locator What Markets Can I Trade; How Accurate are Demo Accounts; MT4/MT5 scope; Crestmark footer. #### Source access note Official page/PDF text read through web retrieval on 2026-10-13. ### Crestmark Trading EU client agreement Source ID: ex-a-alchemy-terms https://alchemymarkets.com/wp-content/uploads/sites/2/2026/08/EU-Client-Agreement_AML250121.pdf #### Source owner Broker #### Research checked 2026-10-13 #### Source locator Sections 8.5–8.9 and 32.5; currently linked EU legal document. #### Source access note Official page/PDF text read through web retrieval on 2026-10-13.