Review summary
Alchemy Markets Limited, operating as 24proleverage, is a broker with a registered presence in Cyprus. Established for approximately 1-2 years, its operational history is relatively brief. The entity's regulatory status is a primary area of concern; according to WikiFX data, it holds no valid forex trading licenses and is officially categorized as 'No Regulation'. This indicates a complete absence of oversight from any recognized financial authority. Its business scope is noted as 'Suspicious Scope of Business'. The broker's overall WikiFX assessment score is 1.27, reflecting significant fundamental concerns, particularly regarding its regulatory and licensing framework. Given the lack of authoritative supervision, engaging with this broker entails accepting all associated operational and financial risks. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-04-09)




