✔️ Information reviewed and updated in July 2024 by Pedro Martínez González

Here we will inform you if we consider the Alchemist company to be safe or unreliable. Read our full analysis to get all the information!

We analyze the website, observe every detail and examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation...

Below we will show you essential information about Alchemist and we will tell you why we came to such a conclusion:

Basic Information

🌐 Websitethe-algorithmic-trader.com
🏠 Company*Does not mention it
RegulatoryDoes not mention it
📧 EmailDoes not mention it
📈 PlataformOwn platform
📌 AddressDoes not mention it

Company:
🚨 Alchemist's lack of transparency regarding its parent company is disturbing. Without this key information, investors may face unknown risks. Caution!

Location:
🚨 Alchemist does not reveal his location, which is a cause for concern.

We can already tell you that we are concerned about several characteristics of this company.

What is Alchemist?

After a thorough evaluation of the company's website, we concluded that Alchemist functions as a cryptocurrency AI system broker.

Account types

Here are the different types of Alchemist accounts/plans:

types of accountsMINIMUM INITIAL DEPOSIT
Silver Plan £35 
Gold Plan£89 
Platinum Plan£299

Information on the web

alchemist website

Here we show you a screenshot of the Alchemist website, which is the-algorithmic-trader.com. The capture was made in May '2024.

Contact: phone numbers and email

This company does not offer any means of contact, neither email nor telephone number. What does this imply? The absence of contact information is a very worrying sign. Imagine facing a problem or needing to make a claim and having no way to contact them. It's a pretty discouraging situation, Don't you think

Alchemist Regulation

We have analyzed in depth the current ⚖️ regulatory situation ⚖️ in which this company finds itself and we have reached the following conclusion:

La lack of information on regulation of this broker raises concern. What does this imply? That it is an unregulated broker, which puts client funds at risk. If the broker acts fraudulently, investors may not be able to get their money back. Be careful when trusting unregulated companies!

🚫 Alchemist Final Rating 🚫

As you can see, we have carried out a detailed and complete analysis of the most important characteristics of Alchemist and we have reached the following conclusions about this company:

This company does not mention which company it is part of, please be careful, there is a clear lack of seriousness and transparency.

Regulatory: They do not mention anything about its regulation, that is to say: we are talking about an unregulated company with a notable lack of clarity and seriousness.

Location: It is not mentioned where it is located.

This company offers automated investments, which we consider very unsafe. Be very, very careful.

The company also does not mention any means of contact; If you need to contact them for an emergency, how will you do it? Please be careful.

Alchemist operates as a cryptocurrency AI system broker, however, the lack of information about its parent company raises distrust about its transparency and credibility. The absence of details about the company that owns it raises questions about its legitimacy and commitment to best business practices.

The lack of information about the location of the business and the absence of adequate means of contact raise serious concerns about accessibility and the ability of customers to resolve problems or make inquiries.

Furthermore, the lack of proper regulation suggests that Alchemist operates without regulatory oversight, increasing risks for investors and market safety. Without a regulatory framework, customers may be exposed to potentially risky or fraudulent business practices.

🚨🚨 We conclude that, based on the reasons mentioned, this company does not inspire confidence or security. We advise you to reflect before making any financial transaction with her. 🚨🚨

Updates

➡️ At the moment there are no updates

User Reviews

[democracy id = ”8921 ″]

What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with Alchemist.

At the end of the review you will find customer comments.


How to Claim Money Scammed by Alchemist

If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.

How to Report Alchemist

If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.

FAQs

Are there (recommended) alternatives to Alchemist?

Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.

How can I report Alchemist?

This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.

Is Alchemist trustworthy?

No. Alchemist is not trustworthy, it is a very unsafe company: does not mention regulation, location and company to which it belongs. Staying away!

How to recover money from Alchemist?

If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.

About the Author: Pedro Martinez Gonzalez

I'll tell you a little about myself! I am a financial analyst and economist with a master's degree in finance.
About my studies: I studied at the University of Salamanca for a Degree in Economics and then did a Master's in Finance in Madrid.
Do you want more information? You can read more about me here in my biography.

2 comments on «Alchemist: opinion and comments – Is it a scam?»

  1. Caesar Reply

    This company will not let you withdraw. I assure you, I'm still trying to withdraw and I can't, don't do it, you'll thank me later. Greetings.

    • Recommended-brokers.com Reply

      Hello César, thanks for writing about Alchemist. Currently, this broker is considered a SCAM.

      If you are a client, do not invest more money, their only objective is to steal from you, they manipulate operations manually and keep the money from the moment it reaches their accounts, it never enters the market, everything is prepared so that they make you lose your money to have the excuse of keeping it.

      If you decide to withdraw and they ask you for a ransom in the form of commissions, taxes, fees, legalizations, etc. Never pay it!, that is the alert, from that moment you have to know that you are a client of a scam broker and even if you pay they will never return it to you.

      To help other users or customers, provide as much information as possible, explain how everything happened, where you saw the advertising, who called you, numbers from which you were dialed, emails and everything that comes to mind.

      If you want to recover your money go to our chat or fill out the form in this link: CLAIM YOUR MONEY

      Greetings.

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