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
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Review summary
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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.
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.
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 :-)
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!
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!
Only just started but will monitor progress
Only just started but will see how it progress
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
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.
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.
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
Great and surprising experience
So far incredible experience, modest but constant compounding results an a second to nine support channel. Keep it up!
Seems to be working great
Seems to be working great! Support is amazing and setup is straightforward
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.
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.
Easy profit paid for the purchase…
Easy profit paid for the purchase within a few days.
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.
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.
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

Reply from Alchemist
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
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.
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