Achiever FX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-10-29 13:59

Abstract：Achiever FX is a financial company registered in 2023 in Saint Lucia. It offers various products, covering forex, commodities, crypto, indexes, indices, stocks, and futures trading. More importantly, demo accounts are available. However, it lacks regulation, and potential risks may exist.

Achiever FXReview Summary
Founded	2023
Registered Country/Region	Saint Lucia
Regulation	No regulation
Market Instruments	Forex, Commodities, Crypto, Indexes, Indices, Stocks, Futures
Demo Account	✅
Leverage	Up to 1:500
Spread	From 1.4 pips (Standard account)
Trading Platform	MetaTrader 5
Min Deposit	$250
Customer Support	Phone: +97155 754 7696
	Email: support@achieverfx.com
	24/7 online chat

　　Achiever FX is a financial company registered in 2023 in Saint Lucia. It offers various products, covering forex, commodities, crypto, indexes, indices, stocks, and futures trading. More importantly, demo accounts are available. However, it lacks regulation, and potential risks may exist.

Pros and Cons

Pros	Cons
Demo accounts available	Lack of regulation
MT5 supported	No MT4
Multiple channels of customer support

Is Achiever FX Legit?

　　Achiever FX is not regulated by the financial services regulatory authority in Saint Lucia. Moreover, the current status shows that activities like transferring and updating are prohibited.

What Can I Trade on Achiever FX?

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Cryptos	✔
Indexes	✔
Stocks	✔
Futures	✔
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　There are 3 types of accounts for forex trading: Standard, VIP, and ECN. A demo account is available.

Account Type	Min Deposit	Max Leverage
Standard	$250	1:500
VIP	$5,000	1:400
ECN	$15,000	1:100

Leverage

　　For the Standard, VIP, and ECN account, the leverage of each can be up to 1:500, 1:400, and 1:100. High leverage may bring higher risks, so careful considerations are recommended.

Achiever FX Fees

Account Type	Spread	Commission	Swap Charge
Standard	From 1.4 pips	❌	❌
VIP	From 0.9 pips	❌	❌
ECN	From 0.2 pips	$5 per lot	✔

Trading Platform

　　Achiever FX uses MT5 as its trading platform.

Social Trading

　　Achiever FX enables clients to carry out social trading or copy trading.

Deposit and Withdrawal

　　Achiever FX does not charge for deposit and withdrawal. The minimum deposit is $250, and the minimum withdrawal is $50. Various options are available, such as debit or credit cards. The processing time of withdrawal is within 5 business days.

Payment Option	Min. Deposit	Min. Withdrawal	Fee	Withdrawal Processing Time
Credit/debit cards, etc.	$250	$50	❌	Within 5 business days