Why Trade Forex with Alchemy Markets?
At Alchemy Markets, we strive to bring you the best Forex trading experience with our exceptional trading environment, access to 125 Forex pairs, and leverage of up to 500:1*. Below are some of the perks you can enjoy when you sign up for a live account with us.
Enjoy institutional liquidity from 20+ bank and non-bank LPs. For customised pricing, benefit from bespoke liquidity via aggregation or direct, plus depth of market.
and No Commissions
Alchemy Markets offers some of the lowest all-in costs for FX trading. Access tight spreads with zero commissions¹ when you trade your favourite currency pairs.
Trade anytime, anywhere with some of the fastest FX execution speeds in the market at <10ms. At Alchemy Markets, retail traders benefit from institutional speeds.
Manage your Forex trades hassle-free with zero trading restrictions and transparent pricing with 100% STP execution, including no requotes and no rejections.
Magnify your opportunities by gaining full exposure for a small initial margin deposit on your trades with leverage of up to 500:1*.
Trade Over 1000+ Products
Across 10+ Asset Classes
How to Open a Trading Account
Open a Forex trading account with us and access the largest and most liquid financial market in the world in no time.
with Alchemy Markets
Sign up for an Alchemy Markets Forex trading account in just a few minutes.
Verify your ID
Verifying your identity has never been easier with Alchemy Markets’ Automated KYC software.
Fund your account and start trading your favourite Forex pairs from your preferred device!
Deposit & Withdrawal Options
Your money, your way. At Alchemy Markets, traders can withdraw and deposit their funds with ease at their convenience using any of our available methods, including Bank Wire, Credit Card, Skrill, Neteller, and UnionPay. Take your pick and fund your account in no time.
And Many More...
Trading Platforms and Tools
MetaTrader 5Make each trade count with MetaTrader 5, the next generation multi-asset trading platform! MT5 has 38 technical indicators, 21 timeframes, and up to 100 open charts simultaneously. Trade with 2 market orders, 6 pending orders, build your own algorithms with MQL5, automate your trading with Expert Advisor (EA), and backtest your strategies with MQL5 IDE's Strategy Tester. Our partners can also use the latest PAMM and MAM software for portfolio management. Execute and monitor your trades anywhere, anytime on desktop or on mobile.
FIX APITrade with the very best on FIX API 4.4! Connect to global liquidity directly and integrate with any trading platform or GUI. Enjoy ultra-low latency and high-speed trade execution at <10ms with state-of-the-art hosting at the Equinix LD4 data centre near London, a disaster-recovery solution, and DDoS protection. We offer institutional raw spreads and a sliding scale commission based on notional volumes so high-frequency traders can save more.
Forex Trading - FAQs
You can participate in Forex trading online on any of our foreign exchange trading platforms, which include MetaTrader 4, MetaTrader 5, and Alchemy Markets’ FIX API solution. All of our platforms are equipped with a wide range of technical analysis tools and indicators. Forex traders can also automate their trades with Expert Advisors and enjoy the flexible use of leverage and expert customer support. For high-frequency traders, our FIX API offering includes a sliding scale commission based on trading volume so that you can save more in costs.
Forex trading takes place on the Forex market, which is the largest financial market in the world with a daily turnover volume of trillions of dollars. FX trading is divided into sessions. The four major sessions are Sydney, Tokyo, London, and New York, and traders can take part in any session regardless of their location.
The Forex market is an enormous global market and there is no single, standard regulatory body that oversees it. Instead, there are supervisory bodies in individual jurisdictions that oversee local markets and traders are expected to adhere to domestic standards set by them. For example, UK Forex traders must comply with standards set by the Financial Conduct Authority (FCA) while Forex traders in the EU must comply with MiFID II guidelines and additional standards set by their country’s regulatory body.
EUR/USD, USD/JPY, GBP/USD are consistently among the most traded Forex pairs. They are made up of major currencies, which are the most traded on the markets due to the fact they hail from the world’s strongest economies. The seven major currencies include the US dollar, the Euro, the Great Britain Pound, the Australian dollar, the Canadian dollar, the Japanese yen, and the Swiss franc. With the US dollar being the world’s most traded currency, it forms major Forex pairs whenever it is paired with the six other major currencies.
Forex pairs are traded in lots. A standard lot is 100,000 units of the base currency of a Forex pair, a mini-lot is 10,000 units, and a micro-lot is 1,000 units. This is due to the fact that Forex price movements are small, measured by pips. One pip is 0.0001 in most currency pairs. For Forex pairs with the Japanese yen as the quote currency, one pip is 0.01.
For sure. Traders can open a Forex demo account with Alchemy Markets and see if FX trading is suitable for them. We offer three platforms on which to trade Forex, equipped with superior technical analysis tools and indicators. Traders who wish to test out advanced Forex trading strategies before going live can also do so on our platforms.
*All instruments offered by Alchemy Markets are traded in the form of derivatives as CFDs.
¹We offer commission-free trading on Forex, Indices, and Metals only. For more information on our charges on other products such as Crypto CFDs and Stock CFDs, you can visit our individual product pages.
It looks like you are based in United Kingdom
Click proceed to be taken to Alchemy Prime Limited.