Updated September 29, 2026 · BrokerCue Editorial Team
Alchemy Markets vs Errante
Alchemy Markets vs Errante: the differences
| Compare | ||
|---|---|---|
| Minimum deposit | $1,000 | $50Lower |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto | Stocks, ETFs, Forex, CFDs, Crypto, MetalsCovers more |
| Regulators | FSA, FCA, MFSA | CySEC, FSA (Seychelles) |
| Investor protection | FSCS up to GBP 85,000 | EU ICS up to EUR 20,000 |
| Platforms | Metatrader, TradingView | MetaTrader 5, TradingView |
| Maximum retail leverage | 1:500 | 1:1000 |
| Retail accounts that lose money | Not confirmed | 40.3% |
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Key differences
- Errante scores higher overall: 9.2 vs 9.1.
- Regulators: only Alchemy Markets offers FSA, FCA, MFSA.
- Regulators: only Errante offers CySEC, FSA (Seychelles).
- Alchemy Markets is licensed in 1 more country.
- Minimum deposit is lower at Errante: $50 vs $1,000.
- Markets: only Errante offers Metals.
- Platforms: only Alchemy Markets offers Metatrader.
- Platforms: only Errante offers MetaTrader 5.
- Features: only Alchemy Markets offers Crypto, Demo account.
- Features: only Errante offers Mobile app.
Our verdict on each
Alchemy Markets
Alchemy Markets suits funded traders who want forex, CFDs, stocks and crypto in one account on MetaTrader and TradingView. The FCA, FSA and MFSA licences bring FSCS up to GBP 85,000 protection, and retail leverage of 1:500 suits active CFD traders, though the deposit needed to start is high for small balances.
Errante
Errante suits active traders who want one account spanning equities, currency, contracts for difference, crypto and metals, and who can work with leverage of 1:1000. EU clients sit under CySEC, and the retail loss share of 40.3% runs below the field, though the starting balance is higher than the cheapest accounts around.
Score breakdown
| Area | Alchemy Markets | Errante |
|---|---|---|
| Cost | 8.2Costs weigh heavily against the brand: the minimum deposit of $1,000 sits well above the €4.64 site median. | 8.7HigherOpening balance of $50 compares with $0 at CFI and $5 at Vantage. |
| Offer | 9.1 | 9.2Higher |
| Trust | 9.8Higher | 9.5 |
Feature by feature
| Markets | Alchemy Markets | Errante |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
| Metals | No | Yes |
A third option
ActivTrades has minimum deposit at $0, against $1,000 for Alchemy Markets and $50 for Errante.
ActivTrades reviewSources behind this comparison
Alchemy Markets
- alchemymarkets.com: 3 facts, checked September 26, 2026
- forexsuggest.com: 2 facts, checked September 26, 2026
- fxleaders.com: 1 fact, checked September 26, 2026
- fxvnpro.com: 1 fact, checked September 26, 2026
- tradingfinder.com: 1 fact, checked September 26, 2026
Errante
- errante.eu: 4 facts, checked September 26, 2026
- fxscouts.com: 4 facts, checked September 26, 2026
How they place
| Ranking | Alchemy Markets | Errante |
|---|---|---|
| Stock and ETF brokers | 97 of 490 | 86 of 490 |
| Forex brokers | 42 of 147 | 39 of 147 |
| Low-spread forex brokers | 40 of 145 | 37 of 145 |
| CFD brokers | 33 of 122 | 31 of 122 |
| Copy trading platforms | 11 of 37 | 10 of 37 |
Every fact side by side
| Fact | Alchemy Markets | Errante |
|---|---|---|
| Features | Crypto, Demo account, Copy trading | Copy trading, Mobile app |
| Legal entity | Alchemy Global Limited | Not confirmed |
Where each stands against the rest
| Fact | Alchemy Markets | Errante | Median |
|---|---|---|---|
| Minimum deposit | $1,000highest quarter | $50above the median | $10 |
| Retail accounts that lose money | Not confirmed | 40.3%lowest quarter | 70.375% |
Median across 99 listed brokers.
Pros and cons
Alchemy Markets
Pros
- Regulated by the FSA, FCA and MFSA (FSA, FCA and MFSA), with the legal entity Alchemy Global Limited (Alchemy Global Limited).
- One account holds stocks, etfs and forex together, so positions do not have to be split across brokers.
- MetaTrader and TradingView are both available (Metatrader and TradingView).
Cons
- The minimum deposit of $1,000 sits well above the €4.64 site median, ranking 191 of 213 brands on deposit size.
- Retail leverage of 1:500 cuts both ways, so a position that moves the wrong way can take an account down quickly.
- Compared with eToro's list (stocks, etfs and forex), the market range here (stocks, etfs and forex) is narrower at the leveraged end.
Errante
Pros
- One account covers stocks, etfs and forex, so there is no need to hold positions across separate brokers.
- Protection is listed as EU ICS up to EUR 20,000 for clients of the CySEC entity, which is the EU regulated side.
- Copy trading and a mobile app both sit in copy trading and mobile app, so the phone works as a full route to the account.
Cons
- The opening balance of $50 sits well above $0 at CFI and $5 at Vantage, so small accounts start in the wrong place.
- Leverage of 1:1000 is high for a retail account and it cuts both ways on a losing position.
- Retail accounts here lose money at a rate of 40.3%, below the 70.15% across the field but a real part of the account base.
Who each suits
Alchemy Markets
Who it suits
- Traders with a funded balance who can meet $1,000 to open the account.
- Single-account traders who want the whole list of stocks, etfs and forex in one place.
- Copy traders and demo users, since copy trading and a demo account sit in the feature set (crypto, demo account and copy trading).
Who should look elsewhere
- Not CFI, whose minimum deposit of $0 opens the door to far smaller starting balances.
- Not Vantage, where the minimum deposit is $5.
- Not eToro if futures matter to you, since eToro covers stocks, etfs and forex.
Errante
Who it suits
- Active retail traders who keep positions in several asset classes and prefer one account and one platform set
- EU clients who want a CySEC licence and EU ICS up to EUR 20,000 rather than an offshore only setup
- Copy trading users who want charts, orders and the mobile app in one place, with MetaTrader 5 and TradingView behind the account
Who should look elsewhere
- Anyone starting with a small balance, since CFI opens at $0 and Vantage at $5 against Errante's $50
- Traders who want futures in the same account, since eToro covers stocks, etfs and forex and Errante's list does not carry them
- Traders who want a low leverage ceiling, because 1:1000 leaves the sizing decisions entirely with the client
Questions about each
Alchemy Markets
How much do I need to deposit to open an Alchemy Markets account?+
The minimum deposit is $1,000, well above the €4.64 median across the brokers compared here. That places Alchemy Markets at 191 of 213 brands on deposit size, so the account is aimed at traders who can fund a larger balance from the start.
Who regulates Alchemy Markets and is my money protected?+
The broker is regulated by the FSA in the Seychelles (SD136), the FCA in the UK (612233) and the MFSA in Malta (C56519). Investor protection is listed as FSCS up to GBP 85,000, and the legal entity behind the brand is Alchemy Global Limited (Alchemy Global Limited).
Errante
What is the minimum deposit at Errante?+
The minimum deposit is $50. That is a real starting point for an account rather than a token amount, and it sits well above the free entry at CFI, $0, and above Vantage at $5. Anyone funding with a small sum should check whether the broker's own minimum leaves enough room to trade with leverage.
Which regulators licence Errante?+
Errante lists CySEC and FSA (Seychelles). The CySEC licence covers the EU entity and the Seychelles FSA licence covers the offshore entity, so a client should confirm which of the two the account sits with before funding. Both licences sit in different countries, which makes that check worth doing.