Wikilix
River Prime logo

River Prime

No Regulation
United Kingdom
,
Since 2015
Last Updated:
32/100
Overall Score

Trading Conditions

Min Deposit:
USD20
Max Leverage:
400
Account Types
ProPrimePremium

User Reviews

—
Total Reviews
—
This Month
—
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 0%, 2: License 0%, 3: Software 50%, 4: Spread 0%, 5: Account Type 14%, 6: Symbol 0%
Regulation
0%Poor
License
0%Poor
Software
50%Fair
Spread
0%Poor
Account Type
14%Poor
Symbol
0%Poor
No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:River Prime Ltd
Founded:2015
Headquarters:United Kingdom
Enterprise Offices:N/A

Customer Support

Phone:
—
Live Chat:
business_hours
Response Time:
—
Languages:
—
Scroll Down

Is River Prime a scam?

Wikilix independent safety report

Read the full report
0%Scam risk
High risk (unverified)Confidence: MEDIUM
3.0/5Safety rating 3 out of 5

River Prime is a high-risk offshore broker, and while we did not find enough to call it a confirmed scam, most clients trade through a St Vincent shell that has no financial regulator behind it. The…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation7/10 · HighIdentity & transparency4/10 · ModerateWithdrawals & conduct5/10 · ModerateReputation6/10 · HighWebsite claims8/10 · CriticalOperational history6/10 · High
Editorial review
Updated

Broker Summary

What Wikilix has recorded about River Prime: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

Choosing the right broker is an integral part of financial trading for beginners and experienced traders. River Prime is a trading broker and financial services provider that aims to create a platform that provides traders with additional trading options as the financial industry continues to evolve rapidly. Brokers, including River Prime, strive to offer tools and services to meet the needs of today’s trader and provide opportunities to trade.

Although there has been increasing interest among traders looking to trade online, the level of detail about River Prime is still very limited. This article will offer insight based on the available data and describe specific areas, including trading conditions, regulatory compliance, and River Prime's user experience. By learning what River Prime has to offer, traders can better assess whether it is a broker that meets their trading objectives.

REVIEW

River Prime is identified as a trading broker and financial services provider; there is very limited publicly available information on its founding, corporate history, or the evolution of its services. Because of this incomplete background data, it is difficult for anyone to understand River Prime's history or how it fits into the broader financial services industry. Due to the lack of historical information available to potential clients, it is recommended that they contact River Prime directly with questions about the company’s beginnings, milestones, or development.

KEY FEATURES

River Prime is a provider of trading services that typically span a range of financial instruments. Although there are not many details available about the specific products offered by River Prime at this time, brokers in this category typically offer services across all types of trading instruments, such as Forex, commodities, indices, and possibly cryptocurrencies.

Due to the fact that there are very limited amounts of details available at this time, it is prudent for traders to contact River Prime directly for questions regarding the types of instruments offered, trading platforms used in conjunction with River Prime’s trading services, and additional supporting features such as education, market analysis, and customer service.

Regulator

License Number

Status

Limited information available

Trading Conditions and Platform Technology

When trading with an online broker, some of the major factors to consider are the brokerage's trading conditions (spreads, leverage, and minimum deposits) and whether those conditions suit your trading strategies and approach.

River Prime does not provide its customers with clear information about these trading conditions because its business model limits the availability of that data. However, there is still no public information available on River Prime regarding the trading platforms that it supports (does it use its own proprietary software, or does it support the most widely used platforms such as MetaTrader). Therefore, traders must contact River Prime directly to obtain information regarding the Trading Platform and terms of trade.

 

Trading Condition

Details

Spreads

Limited information available

Leverage

Limited information available

Minimum Deposit

Limited information available

Trading Platforms

Limited information available

Fee Structure

Understanding the fee structure is vital for traders to manage costs effectively. Unfortunately, River Prime has not publicly disclosed detailed information regarding deposit fees, withdrawal fees, or commissions.

Potential clients should request a clear breakdown of all applicable fees directly from River Prime to avoid unexpected charges and to ensure transparency in their trading activities.

Fee Type

Details

Deposit Fees

Limited information available

Withdrawal Fees

Limited information available

Commission

Limited information available

User Experience and Market Reputation

River Prime has little public feedback or reviews, so it's hard to gauge the reliability or quality of its service until you talk to people who use it or look at other sources like Reddit, where some users are posting.

If you are considering trading with River Prime, the best way to learn about the company is to ask current users about their experience. In addition, you should do your due diligence and evaluate how well you feel you would be treated by the broker, how quickly trades are executed, and so on.

Recent Developments

At this time, River Prime has not released any updated information or reports. The reason could be that the broker is stable or not very active in communicating with its customers/public.

If you want updates on River Prime, either keep an eye on their social media pages or reach out to them directly through their customer service department.

Conclusion

River Prime claims to operate as a Forex Broker, but limited public information prevents an accurate assessment of its offerings, regulatory status, and trading terms & conditions. As a result, anyone interested in using River Prime should proceed with caution and contact the company directly.

In trading today, it is essential for Brokers to be transparent & comply with regulations. Hence, until further information becomes available on River Prime, it is wise that you perform thorough due diligence on the broker(s) and compare River Prime against other brokers that have better disclosure practices and established reputations.

 

Regulation check

Regulatory Licenses

We have not confirmed any regulation for River Prime. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for River Prime. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 20. Leverage up to 1:400.

3 account types
AccountMin DepositLeverageCommission
ProVIPUSD 201:400$0 per lot
PrimeVIPUSD 2501:400$6 per lot
PremiumVIPUSD 3,0001:400$3 per lot
Account names and conditions as published by River Prime, recorded by Wikilix.
Trading software

Trading Platforms

One trading platform on record: MetaTrader 5.

1 platform
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Windows
    • Mac
    • Linux
    • Web
    • Android
    • iOS
    • API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

4 domains on record. All active and served over HTTPS.

4 domains
  • riverprime.comMain siteActiveHTTPS
  • riverprime.euRegionalActiveHTTPS
  • www.riverprime.netBackupActiveHTTPS
  • portal.riverprime.comRegionalActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Company registry check
Checked

Company Registration

River Prime names River Prime Ltd as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Legal entity
River Prime Ltd
Registration number
23007 IBC 2015
Jurisdiction
Saint Vincent and the Grenadines
Registry
Saint Vincent and the Grenadines Financial Services Authority (International Business Company register)
Registered address
Suite 305, Griffith Corporate Centre, Beach Mont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines
Frequently Asked Questions

Frequently Asked Questions

Common questions about River Prime

Most Popular Questions
River Prime provides customer support via live chat during business hours and through phone numbers +962 6 400 0005 and +971 4 586 0700. Email support is available at support@riverprime.com.
River Prime offers a maximum leverage of 400. This allows traders to control larger positions relative to their account balance.
The minimum deposit amount to open an account with River Prime is 20 USD. This requirement is specified to start trading with the broker.
River Prime offers the MetaTrader 5 platform for desktop users. MetaTrader 5 supports multiple asset classes and provides advanced analytics and algorithmic trading tools.
River Prime Ltd is not regulated by any financial authority. It operates without licenses, which may affect the level of investor protection available.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.

Comments

Share your thoughts and experiences with River Prime