Forex Brokers

FXAlchemy Investments

1.2 (13 reviews)
🇬🇧 United Kingdom
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1.2
13 reviews
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About FXAlchemy Investments

FXAlchemy Investments has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". Firm states on website they are registered with The FCA when not - Breach of s24 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.fxalchemyinvestments.com.

Customer Reviews

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Pushed structured products

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Natalie Z.
3 weeks ago

I trusted FXAlchemy Investments with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

Pros: Helpful community forum|Good mobile app|Reliable uptime|Customizable dashboard

Cons: No phone support on weekends

Do your due diligence first

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Sarah S.
2 months ago

I looked into FXAlchemy Investments and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.

Pros: Information is publicly available for verification

Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction

The support team is useless

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Megan X.
2 months ago

Customer support at FXAlchemy Investments seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.

Pros: Full transparency|Educational resources

Cons: None so far|Research section could be deeper

Stay far away from this company

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Rachel D.
3 months ago

Tried to withdraw my funds from FXAlchemy Investments and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Cons: Cannot withdraw funds|Not regulated|Pressure tactics

Arbitration clause traps you

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Helen Z.
3 months ago

The onboarding at FXAlchemy Investments was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Reliable uptime|Comprehensive tools

Cons: Minimum deposit could be lower

Copy trading copied the worst traders

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Chloe X.
3 months ago

The mobile app from FXAlchemy Investments is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

Pros: Fast deposits|High security standards|Transparent fees|Smooth onboarding

Cons: Limited social trading features

KYC process is a nightmare

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Adrian J.
3 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. FXAlchemy Investments said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: API access|Portfolio tracking tools|Fast execution

Cons: Mobile app could be improved

Something doesn't add up here

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Paul M.
6 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that FXAlchemy Investments has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.

Cons: Unauthorized firm|Found in IOSCO warnings database

Licensed in a tax haven only

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Alex Z.
8 months ago

Opened my account with FXAlchemy Investments after seeing their ad online and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Easy withdrawals|Transparent fees

Cons: Would like more payment methods

An exercise in frustration

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Catherine K.
8 months ago

If you are reading this considering FXAlchemy Investments - run. I wish I had read more negative reviews after my brother mentioned them. I thought the positive ones were real. Maybe some are. My experience over since the beginning of the year has been so bad I feel obligated to warn others. Do not make my mistake.

Pros: Real-time alerts|Multi-device support|Fast execution|Helpful community forum

Cons: Desktop app not available on Linux