Alkimiya Markets Journal (Broker out of business)
Journal status: closed Alkimiya Markets out of business |
Alkimiya Markets Profile
Website
www.alkimiyamarkets.com
Year
2021
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
MM, DMA, ECN marketing
Dealing book
B-book, A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
...
LPs names
...
Alkimiya Markets Accounts
MM
ECN
Minimum Deposit
5000 $
25000 $
Leverage
400 : 1
100 : 1
Minimum Lot
0.1 lots
1 lots
EURUSD spread
2 pips
0 pips
Commission
0 $/lotRT
3 $/lotRT
Volume
...
...
Margin Call
20 %
100 %
Stop Out
10 %
50 %
Execution
Instant
Market
Spread
floating
floating
Scalping
no
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller
Base currency
USD
Segregated accounts
no
Interest on margin
no
Inactivity fee
none
Update broker |
Is Alkimiya Markets safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: no
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is Alkimiya Markets trusted?
- Information transparency: sufficient
★★★ - Customer service: ...
- Alkimiya Markets website: semi-detailed, updated
★★★ - Alkimiya Markets popularity (by visitor count): low visits
★★
How Alkimiya Markets works
2.1 General Provisions
(a)The client terminal provides the facility to open Interbank Accounts (ECN), as well as Market maker Accounts: Cent Account, Mini Account and Classic Account.
e)The following types of execution are used in carrying out trades: Instant Execution and Market Execution. The type of process used for each instrument is shown in the contract specification.
a) For Interbank Accounts:
● The Company recalculates quotations on all traded instruments in real time on the basis of market conditions and streaming prices/liquidity obtained from liquidity providers and periodically provides the Client with these quotations as Market Snapshots;
● All quotations that the Client receives through the client terminal are indicative and represent the best available Bid price in the market and the best available Ask price in the market obtained from liquidity providers;
● The Client acknowledges the following: a. The Company is entitled to refuse to make available to the Client those quotations that have not changed since the previous Market Snapshot; b. The Client may not receive through the client terminal all the quotations that have occurred in the quote stream in the period between Market Snapshots.
The Company establishes a spread for each instrument in the contract specifications. The spreads shown on the Company’s website are standard (average) spreads.
https://www.alkimiyamarkets.com/pdf/Client%20Agreement.pdf
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