River Global Ltd is a foreign exchange broker registered in 2024 and headquartered in Australia. River Global Ltd primarily provides trading services for financial products such as foreign exchange, indices, precious metals, energy, and cryptocurrencies to investors. Due to policy reasons, it does not offer services to North Korea, Israel, China, Vanuatu, and Cuba.
Company Background:
River Global Ltd is a broker registered in Australia with a specific address at 96 Wadsworth Blvd Num 127-3255 Lakewood, CO 80226 USA. However, details such as the exact company entity and registered address within Australia are currently unclear. The domain name of River Global Ltd's official website was registered on January 8, 2024. As of the publication date, the company has been established for less than two months.
River Global Ltd claims on its official website to be regulated by the Australian Securities and Investments Commission (ASIC) and holds regulatory license 488828. However, according to ASIC's query results, the entity holding that license is STAR FUNDS MANAGEMENT PTY LTD, and River Global Ltd itself does not appear in ASIC's regulatory records. Hence, this broker is currently not regulated by any regulatory body.
As a newly established broker, River Global Ltd is still in its early development stages, and its specific operational situation and business practices are yet to be further observed and evaluated by the market. However, since it is not regulated by any oversight agency, investors must pay particular attention to potential risks when conducting business with this company.
Website Design:
The website design of River Global Ltd is highly similar to those of Star Funds Management Pty Ltd, FluxSail, BCC Markets Limited, SV Markets, ABHKFX, DEOASIS PTY LIMITED, and several other brokers, suggesting that these brokers may have used the same or similar website templates. Therefore, investors need to conduct thorough due diligence and research when choosing a trading platform to ensure they select the one that meets their needs and expectations, while also being mindful of potential risks.
Partners:
River Global Ltd claims to partner with Goldman Sachs, an internationally renowned analytical institution. This broker claims to provide award-winning automated investment analysis and research tools to help investors make the best decisions. However, this information has yet to be confirmed by relevant institutions and may be false advertising.
How to Open an Account?
To open an account with River Global Ltd, users can visit its official website and click the "Register" button to start the registration process. The registration page requires users to fill in personal information, including their name, personal email, and set an account login password. The broker will send a verification code via email, which, upon submission, allows users to log in. Once logged into the trading platform, customers can perform deposit and withdrawal operations and begin trading.
Account Types:
River Global Ltd’s official website does not mention trading account-related information. According to the FAQ section on its website, this broker claims to offer floating spreads, trading leverage of 1:100 - 1:500, but specifics such as minimum deposit, trading commissions, minimum margin level, stop-out level, and minimum trading volume are not clearly disclosed.
Trading Software:
River Global Ltd provides users with a proprietary mobile trading platform called ST5, which only supports mobile downloads. This platform supports both real and demo accounts, allowing users to choose between virtual or actual trading based on their needs. There is no backing of any corporate entity behind the ST5 trading platform, which may pose certain trading risks.
Customer Support:
River Global Ltd’s customer support channels are relatively limited. Users can obtain customer support services via email by sending their queries to support@rivergloballtd.com. Users can raise questions, seek information, or report technical issues in their emails.
Summary:
River Global Ltd is a newly established Australian forex broker with a very short establishment period. It uses a proprietary trading platform, and its contact methods are relatively limited. The official website of RIVER shares a highly similar design with brokers like ABHKFX, DEOASIS LIMITED, VLC Trade LLC, OBV Trade MT5, suggesting the use of the same template. Investors should avoid this platform to prevent unnecessary financial losses.
Currently, River Global Ltd is marked as "Suspected Fraud" on TraderKnows.
