Search

For more information about AchieversWorldFX Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Business

Influence E

License

No license

AchieversWorldFX Company

  

Achievers World FX Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Achievers World FX Company was established in September 2016, positioning itself as a modern investment platform within the cryptocurrency and forex trading sectors. The company markets itself as an opportunity for investors seeking financial freedom through various investment strategies.

  

Parent Company/Ownership Structure

  Details regarding the parent company or ownership structure of Achievers World FX are scarce. The company operates under its own name without any publicly disclosed parent organization.

  

Headquarters Location

  The headquarters of Achievers World FX is located in Athens, Greece. This location is significant as Greece has been increasingly recognized as a hub for fintech and cryptocurrency-related businesses.

  

Global Business Scope

  Achievers World FX claims to cater to a global audience, offering investment opportunities to individuals interested in cryptocurrency and forex trading. However, the absence of regulatory oversight raises concerns about the authenticity and safety of its operations in various jurisdictions.

  

Main Regulatory Bodies

  Achievers World FX operates without valid regulatory licenses from recognized financial authorities. Reports indicate that it has been flagged by entities such as the Alberta Securities Commission in Canada, which has issued warnings about the companys operations.

  

2. Company History and Development

  

Key Milestones

  Since its inception in 2016, Achievers World FX has made several claims about its growth and expansion in the investment sector. However, specific milestones, such as significant funding rounds or partnerships, are not publicly documented.

  

Business Expansion Journey

  The company has positioned itself as a rapidly growing platform in the cryptocurrency universe. However, the lack of transparency regarding its business practices and the absence of regulatory oversight have hindered its credibility.

  

Customer Base Growth

  Achievers World FX claims to have a diverse customer base, appealing to both novice and experienced investors. However, the actual size of its customer base remains unverified, and many reviews suggest a decline in trust among users.

  

Platform Development History

  The platform offers a straightforward registration and investment process, which includes various investment plans. However, details on the technological infrastructure and updates to the platform over time are limited.

  

Important Awards or Recognitions Received

  To date, there are no publicly available records of awards or recognitions that Achievers World FX has received, which could enhance its credibility in the financial sector.

  

3. Trading Services Offered

  

Forex Trading Options

  Achievers World FX offers forex trading services, although the specific number of currency pairs available for trading is not disclosed. The platform markets itself as suitable for various trading strategies.

  

Stock Trading Options

  Details regarding stock trading options provided by Achievers World FX are vague. The company primarily focuses on cryptocurrency and forex, leaving a gap in information about traditional stock trading services.

  

CFD Trading Products

  The platform does not explicitly mention the availability of Contracts for Difference (CFDs) within its services, which could be a limitation for traders seeking diverse trading instruments.

  

Other Financial Instruments

  Achievers World FX emphasizes its involvement in cryptocurrency trading, offering a variety of digital currencies. Additionally, it claims to provide investment opportunities in commodities, although specific details are lacking.

  

Special Services or Unique Advantages

  The company promotes features such as 24/7 support, instant payouts, and a referral program that offers up to 7% commission on referrals. However, the reliability of these services is questioned in light of regulatory concerns.

  

  

Detailed Regulatory Information

  Achievers World FX operates without valid licenses from significant regulatory bodies. The lack of regulation raises substantial concerns about the safety of investor funds and the legitimacy of its operations.

  

  The company is registered in Greece, but it does not have a clear legal entity structure in other regions. Reports from the Alberta Securities Commission indicate that it has been flagged for operating in a manner inconsistent with regulatory standards.

  

Client Fund Protection Measures

  The absence of regulatory oversight implies that there are no formal client fund protection measures in place. This lack of safeguards poses a significant risk to investors.

  

Countries/Regions Served

  Achievers World FX claims to serve a global audience; however, the lack of regulatory approval in many regions limits its legitimacy and operational capacity.

  

Compliance History

  The compliance history of Achievers World FX is concerning, with multiple warnings issued by regulatory bodies. The absence of a clear compliance record raises red flags for potential investors.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Achievers World FX competes with several other investment platforms in the cryptocurrency and forex trading sectors, including:

  • Binance: A leading cryptocurrency exchange known for its wide range of trading options.
  • eToro: A social trading and investment platform that offers a variety of financial instruments.
  • Coinbase: A popular platform for buying, selling, and managing cryptocurrency investments.

  

Positioning in the Industry

  Achievers World FX positions itself as a fast-growing investment platform with a focus on cryptocurrency and forex trading. However, its lack of regulatory oversight and negative reviews have hindered its reputation.

  

Market Differentiation Factors

  The primary differentiation factors for Achievers World FX include its claimed high returns on investment, a simple registration process, and a referral program. However, these claims are overshadowed by concerns regarding its legitimacy and regulatory status.

  

Conclusion

  Achievers World FX presents itself as an investment platform aiming to provide opportunities for financial growth through cryptocurrency and forex trading. However, the absence of regulatory oversight, coupled with numerous warnings from financial authorities, raises significant concerns about its legitimacy and the safety of investor funds. Potential investors are strongly advised to conduct thorough due diligence and consider the associated risks before engaging with Achievers World FX.

  For more information on cryptocurrency investments and potential risks, learn more.

AchieversWorldFX Similar Companies Brokers

Explore broker companies: forex/fx trading, investment, and global limited. Check company details.