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

It really works, low pricing and completely transparent!

I started with Alchemist about 1.5 years ago and all I can say that it really works. They are completely transparent - the monthly profits you see on their website are absolutely true and the pricing is ridiculously low when you compare it to other similar bots.

Currently with an average 30-35% yearly profits - for literally no work! You can't really compete with that.

It really is easy to set up and no manual intervention is required - only for software updates. You do however need to purchase a remote computer subscription in order to always have the bot running, opening and closing the trades.

I would recommend checking the broker's daily reports every day to make sure everything is in order. Sometimes if you see a 0 closed profit / loss, it might mean that the software needs updating so you need to pay attention to that.

The negative drawdown is possible and unfortunately did catch my account as well at the very beginning so it took me a long time to be profitable again. However, these guys have since then updated the bot and reduced the risk and I am finally almost 10% in profit after regaining all I've lost.

My plan is to let it run for a few years (5 or so) and see how it performs.

I highly recommend it, the support is lighting fast and replies to all questions within minutes.

You can start with a small deposit and add gradually for compound effect over time.

Highly recommend it!

December 12, 2025
Unprompted review
Rated 5 out of 5 stars

Hope it will last forever

I started using Alchemist sevices in May 2025. It's not very long period therefore I'll give the reason for my 5 stars. I did a bit of a research before contacting them just to make sure it's not another fraud. And honestly, it is not. They are transparent with data of monthly gains on the website and that particular detail caught my attention. Support is incredibly fast and this deserves 5 star. My advice, start with smaller amount to be sure about every word written here and do your own research. Entire setup is explained in details through video tutorials and should be easy to do it for an average person. Remember, their support will help you as they helped me in the very beginning. Stop loss is set up to 10% as they claim. This is the only part I could not test. I guess I will have to trust them as I did so far. Algorithm works incredibly nice. Glad to be part of this and thank you for sharing something like this. Would be nice to see all of you in person as well. Good work Alchemist team.

December 9, 2025
Unprompted review
Rated 5 out of 5 stars

Good support and instructions to overcome challenging installation

Customer service is really helpful and responsive. Also the setup videos are easy to follow, just need to take the time to do it. But you do need to dive into the deep end more than what's typical today. The tech that this solution runs on does not easily allow a better experience. I installed in on a server and it's been running without problems couple of weeks now. It has created about 1% of profits (in two weeks) so pretty much as expected.

December 9, 2025
Unprompted review
Rated 5 out of 5 stars

Making Money, Easy to setup. Recommended

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, no issues what so ever and any questions i did have were immediately answered by support. For once I would agree that these guys just do what they say they do, chip away making small but consistent profits with no interaction needed by yourself once the system is set up. I woudl have no issue recommending this system to family or friends.

December 8, 2025
Unprompted review
Rated 5 out of 5 stars

Excellent customer support

Excellent customer support, reply back during opening hours within minutes and been really helpful. Easy to set up and great instructions to follow. Early days but in the green with small profits.

December 8, 2025
Unprompted review
Rated 2 out of 5 stars

first encouters with version 2

In the past I have left a review about version 1. I stopped using it after the max drawdown crash twice in one year last year. Now I picked back up with version 2.
Well..... The only thing that changed is the Martingale way of handling losing trades. Now it leaves trades open untill it sees an opportunity to put in a new trade, further down the road, so in the same direction as the loosing one. So no Martingale anymore.... on paper.....
The results are on my screen now. example: NZDUSD. A block of sell orders on the 25th, the 26th and the 27th of Nov. Another one on the 1st of Dec. And then three on the 3rd of Dec. None of them in the money. All in red. All loosing trades. Still running...... The first ones from Nov, are 157,7 pips in the red and counting. Ridiculous! You cut on 40 or max 50 and take the loss. Of course not this software.....
The max drawdown warning they sell you when they sell you the software is basically just a way to hide losing trades, that you dont want to close, so as to keep the win-loose ratio to look like perfection, in the hope that somewhere in the future it clears up. I dont know about you, but i dont have a bot, an "AI"" according to the sales pitch, running on the one minute timeframe, to have trades continue for weeks, which is even longer than intraday trading. This means that the software is designed to act in contradiction to the first rule in trading; Cut your losers!
On paper I currently have a 74% win ratio using this software but in fact there is an additional 2 % equity loss hiding in 30% losing trades that are almost two weeks old. And still running! (PS: I am only up a little over 5% after 3 months of using V2). When I look at the monthly chart, I dont see a trend that would make these trades become winners again. Maybe change the name to "Fx WishingForWonders". I have loaded a seperate EA on the Metatrader that is a simple drawdown protector. I set it to cut everything off and block trading at 5% drawdown. I am really hoping it doesnt have to do its job! As I wrote: there is 2% equity loss hiding in running losing trades that would negate/destroy half the winnings the software made me in 3 months time. Cutting them manually means the software made me a little over 2% in 3 months..... I can do a better job than that myself trading market structure on the 1 and 5 minute timeframes.

December 5, 2025
Unprompted review
Alchemist logo

Reply from Alchemist

Thank you for taking the time to share your experience. We truly appreciate detailed feedback like yours, because it allows us to better explain how the system is built and what its purpose actually is.

To clarify the strategy behind the software:
The system does not operate like a classical Martingale approach. Instead of increasing lot sizes or placing entries automatically at fixed intervals, the software uses a structured, data-driven method of managing positions. It opens multiple smaller entries only when the strategy detects valid, real signals based on chart structure, recent price behavior and multiple timeframes. Each position is calculated independently, and lot sizes remain stable.
This approach is designed to handle market fluctuations more smoothly and avoid the typical risk profile associated with traditional Martingale systems.

Because of this structure, temporary drawdowns and open positions can appear during certain market phases. The software does not react to every short-term fluctuation, but instead evaluates price behavior within its broader market context. This allows positions to be managed in a structured way rather than being closed solely due to short-term volatility.

For this reason, looking at a very short window — in this case roughly two weeks on NZDUSD — does not provide a reliable picture of how a long-term strategy functions. No method, in any market, stays permanently in profit on every single position. There will always be phases where the market moves against the entry before the structure improves again. The software is not designed as a fast intraday tool that closes trades quickly under all circumstances. In certain market situations, it may hold positions longer until better conditions appear.

It’s also important to mention that nothing is hidden or disguised. All open positions, drawdowns and equity movements are visible directly in the trading terminal at all times. These open trades do not represent closed losses; they are simply part of the ongoing management process. The system’s goal is to navigate market phases over time, not to force immediate outcomes within days.

Of course, every user has individual expectations, preferred styles, and personal risk tolerance. That is completely valid. And everyone should make decisions based on what feels right for them. Our intention here is simply to explain that long-term strategies — whether in stocks, ETFs, or the Forex market — cannot be accurately judged by a short snapshot of a few days or weeks.

We genuinely appreciate your perspective and your willingness to share your thoughts.

Rated 5 out of 5 stars

Stress free added income

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 see how it's performed and largely positive. It's not a get rich quick scheme, they are transparent with their members and offer a passive modest supplementary income and so far for me it's working. Follow the steps and let the algorithm do its thing.

December 3, 2025
Unprompted review
Rated 5 out of 5 stars

Amazing Long-Term Investment

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 income
- Low risk, which also yields in low rewards
- Instrument diversification (lower risk)
- Amazing integrated strategies that almost always lets you profit or breakeven
- Great back-testing results
- Consistent live results since 2021

If anyone needs to invest in this bot, my suggestion is to deposit a good amount of money to enjoy the profits.

December 4, 2025
Unprompted review
Rated 5 out of 5 stars

Experience with Alchemist

Since I have started with Alchemist, my experience has been very good. The tutorials guide your perfectly for the setting-up, then once set-up it delivers what it promises. I would recommend.

November 3, 2025
Unprompted review
Rated 5 out of 5 stars

The software works well.

The software works well. It won’t make you rich in 10 days, unlike what many scammers promise, but it does generate steady gains.
I’ve been using it for three months and have consistently made around 1.5% per month.

So, as I said, if you’re looking for software that delivers constant returns even when the market isn’t performing at its best—and without the need to constantly monitor positions—this is a great choice. Everything is fully automated.

The setup takes at most one hour, and once configured, it runs entirely on a VPS.
Support 24/7 is very good also.

November 28, 2025
Unprompted review
Rated 5 out of 5 stars

Prompt customer service time and clear guidance unbeatable offer let’s see the Pips

I was surprised how much they invest in support of customer friendly guidance with professional videos clearly explaining a non ordinary set up for everything that needs to be set up. Bought the BOT for ever/“ life software” at an unbeatable price and will slowly put in my part seeing results. CS is promptly answering on either WhatsApp or Telegram. I can’t say a lot about the performance % it needs time to get proof but with their effort and bot-AI performance I’m hoping it will deliver a more gain/ few loss ratio balance and at the end of the day I can manage my depo balance capital . Trade is earning more than losing ..
A lot depends on the platform UI and smooth payout channels too. We ll see .. I’m so convinced that they are a quality team, that now I ‘m expecting a gift life software from Alchemist which itself is a profit isn’t it .. anyways where could you even buy a money making 24/7 twin brain today huhhh🫶
May the pips and correct business be with all of us !
Wrote to Santa:
“Be my life changing Alchemist £ @Alchemist
Thanks
BeS %$ /not naughty

November 27, 2025
Unprompted review
Rated 5 out of 5 stars

I’ve been running the last two…

I’ve been running the last two software’s and I’m very pleased with the performance of the robot. The steady returns are great.

The business puts the clients first and there customers support is the best that I have ever experienced.

Happy customer 😊

November 27, 2025
Unprompted review

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