Alchemist Reviews 852

TrustScore 4.5 out of 5

4.5

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Review summary

Based on reviews, created with AI

Reviewers overwhelmingly had a great experience with this company. Customers consistently praise the product for its ability to generate steady passive income and consistent profits, often without requiring constant supervision. Many find the setup process straightforward, aided by clear tutorials and responsive customer support. The software's performance, particularly its automation and effective risk management, is frequently highlighted as a significant advantage. However, some customers also noted that the initial setup could be frustrating, and a few experienced significant losses due to stop-loss events. There are also mentions that the technology, while effective, might not allow for a significantly better experience, and some reviewers question the "AI" label, suggesting the system might rely on a high-risk Martingale or Grid strategy.

What people talk about most

User experience

Consumers find the user experience to be positive, highlighting the ease of handling, setup, and overall... See more

Product

People report positive experiences with the product. Many customers praise the software for its solid returns... See more

Customer service

Customers had positive experiences with customer service. Many reviewers praised the support team for being... See more

Technology

Reviewers mention positive feedback about technology. Many customers praise the trading software as reliable... See more

Artificial intelligence

Users describe positive interactions with artificial intelligence. Many customers are satisfied with... See more

Based on these reviews

Rated 5 out of 5 stars

It is always a nice thing to have algorithmic trading steadily generate passive income. Overall, I am very happy with the service. Pros: - Readily-available friendly support team - Steady in... See more

Rated 5 out of 5 stars

Alchemist has a pretty decent proven track record to make 2-3% a month. Just completed my first month with 2.25% return. Completely stress free, I rarely check maybe once a day or every few days to se... See more

Rated 5 out of 5 stars

Have been using the Bot now for nearly three weeks and so far i'm very impressed. I am in profit, not massively but much better than bank interest which is the goal. The system was very easy to setup,... See more

Rated 5 out of 5 stars

Purchasing the lifetime licence was no problem whatsoever. The instruction videos required a bit of concentration and had to watch carefully 2 or 3 times. However once I got the hang of it, was fair... See more


4.5

Excellent

TrustScore 4.5 out of 5

852 reviews

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Replied to 68% of negative reviews

Typically replies within 1 week

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Rated 5 out of 5 stars

Very nice trading bot

I’ve been using the trading bot since September 27th, and I’m more than satisfied with it. There are very few negative trades. Around 6–10 trades are opened per day. The support team responds very quickly — usually within 5 minutes during support hours. I’m very happy with Alchemist.

October 18, 2025
Unprompted review
Rated 5 out of 5 stars

Great support

So far the support has been very good. Having run the Demo account, it looks like it is everything it is claimed to be.

October 16, 2025
Unprompted review
Rated 5 out of 5 stars

Good software, constant profits so far.

I followed an ad on FB and checked their results from the website. I got curious and checked it out. The setup is really easy and well documented. All my questions were answered promptly via Telegram. So far, the bot is making constant profits. It does not seem much at first, but with the consistency the profits will increase over time. The monthly estimated gains from their website is correct :-)

October 16, 2025
Unprompted review
Rated 5 out of 5 stars

The installation of the RoboForex and first results

The installation of the RoboForex software has been made possible thanks to the excellent support of the Alchemist team. My short experience of less than one month shows that it works in the Forex market! I want to go on and maybe I shall give a try to other exciting experiences!

October 16, 2025
Unprompted review
Rated 5 out of 5 stars

The software works as promised

The software works as promised, the risk of loosing money is very low and Customer support is just excellent! Quick reply, friendly and extremely helpful with whatever problem/question you have regarding the software!

October 14, 2025
Unprompted review
Rated 5 out of 5 stars

Works perfectly…

The software works perfectly and exactly as described. Support answers any queries very quickly, with detailed answers. Exactly what you want to set your mind at ease as there are so many trading bots that don't work and have no support. This is the best one I've tried

October 11, 2025
Unprompted review
Rated 5 out of 5 stars

A powerful tool…

I think FX Alchemist is a powerful tool for forex traders seeking automation and advanced analytics. It is suitable for both experienced traders and newcomers willing to explore algorithmic trading. I hope the team will keep on refining the algorithm and hopefully more currency pairs will come available. So far - so good, profitable.

October 8, 2025
Unprompted review
Rated 4 out of 5 stars

The algorithm finally works

The algorithm finally works. The setup isn't that problematic and explained very explicitly.
Personally I welcome the fact that profits are advertised and announced with realistic margins. That shows that it is no scam.
The final results could be a bit better. But it might getting better in time, I'm just using it for two weeks. And it might be better by changing some variables. I will try this with another additional account. Finally I can admit that this is a trustable AI.

October 7, 2025
Unprompted review
Rated 5 out of 5 stars

Hi all

Hi all
I have tried many, and so many have failed to meet expectations
But not ALCHEMIST has been running it on demo for few months, and the results are just as advertised
Really pleased with it and have recently bought a lifetime licence after months of testing

October 6, 2025
Unprompted review
Rated 5 out of 5 stars

Reliable bot - easy to use

My experience with Alchemist so far is great. I'm only using it for a few weeks so I don't have that much long term experience. I was first running the bot against a demo account for 2 weeks. It made small daily wins which accumulate nicely. I switched now to a live account and it's working good so far. The installation process is very good explained in detailed videos.

October 1, 2025
Unprompted review
Rated 1 out of 5 stars

Wouldn't recommend

Update Feb 2026: I started using this EA in Sept 2025 with about 10k of my own capital. I got a few % monthly return but then in January hit a max DD on AUDUSD and after that NZDUSD (how could it not) so all the profits I made so far are gone + much more. I'm about 16% down overall, and seeing that it will take me a very long time to recover from that, I won't be using this EA anymore. It's a good EA if it would be up for these really big moves but it's not. So every time Trump speaks his mind, you better pray the EA doesn't hit max DD. Customer support is very helpful, but that doesn't make this EA a good choice. I don't like leaving these bad reviews but just want to warn everyone who is thinking about using it. You shouldn't.

October 1, 2025
Unprompted review
Rated 5 out of 5 stars

I have been skeptical about it but my…

I have been skeptical about it but my friend convinced me and ever since then all I could do was to apologize. The program runs smoothly, doesn’t drain battery or anything and is actually making profit. Only a few ‰ per day but with the all year compounding effect it is actually insane. Highly recommend.

September 26, 2025
Unprompted review
Rated 5 out of 5 stars

Super easy to set up.

Setup and instructional videos were clear. Account and trading system setup was super easy. System and algorithm seems stable, made 1.5% profit in 15 days on high risk strategy. Well worth it.

September 25, 2025
Unprompted review
Rated 1 out of 5 stars

Their BOT cost me 10.000 usd.

Their BOT cost me 10.000 usd.
2000 usd deposit for a cent account, upgraded later to a normal account 5000 usd deposit, later on added 5000 more. and then the bot started loosing martingalibg each positon as it went down it kept buying.
in the end i lost 8k then i stopped it and took the last 2000 out. now they supposedly fixed the bot but i would never take the chance again with it. For you people thinking about investing in it dont, once they loose your money you just get the line in trading there is risk. And i followed all their instructions to fullest. running it on a vps with their recommended broker roboforex.
they lost alot of peoples money and they just continue with an updated product. i cannot recommend this company to a single person. stay away

December 19, 2024
Unprompted review
Alchemist logo

Reply from Alchemist

Thank you for sharing your experience — we’re sorry to hear about your frustration, but it is IMPORTANT TO READ THIS CLARIFICATION BECAUSE THE REVIEW ABOVE IS TAKEN OUT OF CONTEXT AND FUTURE READERS DESERVE THE FULL PICTURE.

First, the way you describe the loss unfortunately doesn’t reflect how the software was designed to function. In the older version you were using at that time, there was a global stop-out limit of 40%. On a $10,000 account, this would have meant a maximum loss of around $4,000 — not $8,000 — provided the system was set up and handled as instructed.

According to our records, you purchased the software in February 2024. As a long-term user, if you had followed the exact framework we recommend, your results would have looked very different. By taking profits along the way and continuing after the stop-out, you would still be in positive territory overall. Since that one-time event, the system has been profitable for almost 11 consecutive months, adding another huge profit.

To put it into perspective: if you had invested in Facebook at the start of this year, you would have been down about 34% by April. But just a few months later, by holding on, you would already be back in the green with gains of around 10–15%. This example shows that investing is never a straight line — setbacks happen, but consistency and patience are what lead to long-term results.

We are always transparent about risks. Already in our very first tutorial video we explain the 40% stop-out risk, and today that same video has been updated to include the improvements we made since. After October 2024 we spent nearly six months redeveloping the architecture to make the software more resilient:

- Diversified across five different assets
- Each pair independently managed with its own stop-out of ~7%

This means no single event can weigh down the entire account anymore, and the system has been running profitably under this new structure since.

Our software is not designed as a quick-money tool, but as a long-term investment approach. Used correctly, as explained in our tutorials and supported by our public Myfxbook track records, the results have consistently been positive.

We regret that your personal outcome did not align with the system’s design and our guidance, but we hope this clarification helps others understand the bigger picture. We will always remain transparent about risks, improvements, and results, and anyone can verify our live performance publicly.

Kind regards,
Your FXAlchemist Team

Rated 5 out of 5 stars

Results are as expected

Results are as expected, after first month of run - profit 2,8%. Also like the possibility for stopping the trades via the Exit Mode. I would like to have more explanation about the difference High/Standard Risk. Running good now

September 19, 2025
Unprompted review
Rated 5 out of 5 stars

User friendly program

I am no expert in trading but Alchemist has opened a world of possibilities for people like me.

Setup with step by step videos is a good approach. after sales for my questions did also a good job.

Would like to see more programs like this for other markets like cryptos for example.

September 17, 2025
Unprompted review

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