Updated September 29, 2026 · BrokerCue Editorial Team
Alchemy Markets vs FXTM
Alchemy Markets vs FXTM: the differences
| Compare |  Alchemy Markets | FXTM ReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | $1,000 | $10Lower |
| Markets | Stocks, ETFs, Forex, CFDs, Crypto | Stocks, ETFs, Forex, CFDs, Futures, Crypto, Bonds, MetalsCovers more |
| Regulators | FSA, FCA, MFSA | FCA, CySEC |
| Platforms | Metatrader, TradingView | Desktop, Mobile App, MetaTrader 4, MetaTrader 5 |
| Maximum retail leverage | 1:500 | 1:2000 |
| Inactivity fee | Not confirmed | $5 |
| Retail accounts that lose money | Not confirmed | 88% |
| Deposit and withdrawal fees | Not confirmed | No deposit fees; withdrawal fees vary by method |
Same on both: Investor protection (FSCS up to GBP 85,000).
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Key differences
- FXTM scores higher overall: 9.3 vs 9.1.
- Regulators: only Alchemy Markets offers FSA, MFSA.
- Regulators: only FXTM offers CySEC.
- Alchemy Markets is licensed in 1 more country.
- Minimum deposit is lower at FXTM: $10 vs $1,000.
- Markets: only FXTM offers Futures, Bonds, Metals.
- Platforms: only Alchemy Markets offers Metatrader, TradingView.
- Platforms: only FXTM offers Desktop, Mobile App, MetaTrader 4.
- Features: only FXTM 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.
FXTM
FXTM suits traders who want forex, CFDs, futures, crypto and shares under one account, with retail leverage of 1:2000 and dual regulation behind the money. Costs are the compromise: entry is light, but support runs on help centre only, and a dormant account is charged rather than left free.
Score breakdown
| Area | Alchemy Markets | FXTM |
|---|---|---|
| Cost | 8.2Costs weigh heavily against the brand: the minimum deposit of $1,000 sits well above the €4.64 site median. | 9.0HigherEntry costs are light, with a $10 starting deposit and No deposit fees; withdrawal fees vary by method, though dormant accounts pay $5. |
| Offer | 9.1 | 9.3Higher |
| Trust | 9.8Higher | 9.5 |
Choosing between them
Pick Alchemy Markets if trust matter most.
Pick FXTM if cost, minimum deposit, and markets matter most.
How they place
| Ranking | Alchemy Markets | FXTM |
|---|---|---|
| Stock and ETF brokers | 97 of 490 | 59 of 490 |
| Forex brokers | 42 of 147 | 27 of 147 |
| Low-spread forex brokers | 40 of 145 | 25 of 145 |
| CFD brokers | 33 of 122 | 22 of 122 |
| Copy trading platforms | 11 of 37 | 6 of 37 |
A third option
ActivTrades has minimum deposit at $0, against $1,000 for Alchemy Markets and $10 for FXTM.
ActivTrades reviewWhere these facts come from
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
FXTM
- fxtm.com: 5 facts, checked September 26, 2026
- brokersway.com: 4 facts, checked September 26, 2026
- trade-leader.com: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | Alchemy Markets | FXTM |
|---|---|---|
| Features | Crypto, Demo account, Copy trading | Demo account, Copy trading, Mobile app, CryptoCovers more |
| Legal entity | Alchemy Global Limited | Not confirmed |
| Support channels | Not confirmed | Help centre |
Where each stands against the rest
| Fact | Alchemy Markets | FXTM | Median |
|---|---|---|---|
| Minimum deposit | $1,000highest quarter | $10at the median | $10 |
| Inactivity fee | Not confirmed | $5above the median | $0 |
| Retail accounts that lose money | Not confirmed | 88%highest 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.
FXTM
Pros
- One account spans stocks, etfs and forex.
- The FCA and CySEC both appear under FCA and CySEC, with FSCS up to GBP 85,000 for UK clients.
- Trading runs on Desktop, Mobile App and MetaTrader 4, and demo account, copy trading and mobile app adds a demo account and copy trading.
Cons
- Dormant balances are charged $5, a cost active traders never meet.
- Support runs on help centre only.
- Leverage of 1:2000 magnifies losses, and 88% of retail accounts lose money.
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.
FXTM
Who it suits
- Traders who want forex, CFDs, futures, crypto and shares in one place from a $10 start.
- Newcomers who want a demo account and copy trading through demo account, copy trading and mobile app.
- Clients who want regulation in the UK and Cyprus under FCA and CySEC.
Who should look elsewhere
- Anyone who wants to open with nothing: CFI has a $0 minimum.
- Traders focused on shares, ETFs and crypto rather than bonds and metals: eToro's markets are stocks, etfs and forex.
- Small accounts wanting a cheaper opening: Vantage starts at $5.
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).
FXTM
What does it cost to open and keep an FXTM account?+
Opening an account starts at $10, and the deposit and withdrawal terms read No deposit fees; withdrawal fees vary by method. The fee to watch is the inactivity charge of $5, which bites once an account sits idle, so running costs stay low only while you keep trading.
Is my money protected at FXTM?+
FXTM is regulated by the FCA and CySEC, and the investor protection stated is FSCS up to GBP 85,000. That cover sits with the regulated entity holding the account, so check which one your account is opened with before treating the protection as your own.
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