Absolutely. Alchemy Markets is the trading company name of our institutional brand, Alchemy Prime, an FCA regulated institutional broker with decades of experience.

At Alchemy Markets, we offer three types of live accounts: Classic, Premier, and VIP. All three accounts provide our traders with access to our entire product range of 1000+ products across 10+ asset classes, with institutional liquidity and execution, and top-notch support. Trade with tight spreads and no commissions¹ as a Classic or Premier account holder, or trade with raw spreads and commissions at $4 Round Turn as a VIP account holder.

We also offer a demo trading account for traders who prefer to gain experience before placing live trades. For more information on our demo account, please visit this page.

A CFD account enables traders to participate in CFD trading. CFD stands for ‘Contract for Difference’ and it is a derivative product that allows traders to speculate on assets based on their underlying price movements on the market. Traders do not own the underlying asset when they trade CFDs, and your main payment for CFD trading is the spread. CFDs are leveraged, requiring an initial deposit called a margin.

When you trade CFDs online, you essentially are speculating on the difference in the price of an underlying asset from the point the contract is opened, until it is closed. CFD traders can speculate on movements in either direction, meaning there are opportunities to both go long or short the asset.

Profits from CFD trading online are generally not exempt from being taxed as capital income. However, as CFDs are derivative products and traders do not take ownership of the underlying asset when trading, they are sometimes exempt from stamp duty. Taxation policies regarding CFDs vary around the world, and traders should ensure they understand how they are taxed in their jurisdiction and speak to a tax professional.

Forex trading, abbreviated to FX trading, stands for Foreign Exchange trading. It is the buying and selling of currencies on the Forex market with the goal of making a profit from fluctuating price movements. Forex traders attempt to make predictions of these price movements with various trading tools and strategies. They purchase a currency when they predict its exchange rate will rise, and sell it when they predict its exchange rate will fall.

As Forex trading is the exchange of one currency for another, currencies are traded in pairs. Each currency pair consists of a base currency and a quote currency. The exchange rate of a currency pair is the amount of quote currency it would require to make up one unit of the base currency.

When the base currency strengthens against the quote currency, the exchange rate moves up. When the reverse takes place, the exchange rate moves down. In Forex trading, traders aim to profit from these price movements.

A Forex broker is a trading company or firm that acts as a bridge between a trader and the network of banks that have access to foreign exchange liquidity. Forex brokers provide their traders with access to FX trading and leverage to trade with, as well as a platform on which to trade. At Alchemy Markets, you can trade 125 Forex pairs with tight spreads as low as 0.2 pips, 500:1 leverage, no commissions¹. As we are a multi-asset broker, you will also be able trade instruments beyond Forex, including Stocks*, Indices*, Crypto*, ETFs*, and Commodities*. You can explore our entire offering of 1000+ products across 10+ asset classes here.

For sure. Traders can open a Forex demo account with Alchemy Markets and see if FX trading is suitable for them. We offer two online trading platforms on which to trade Forex, including MT5, that are equipped with technical analysis tools and indicators to facilitate superior financial trading.