FxRiver Journal (Broker out of business)

Journal status: closed
FxRiver out of business
FxRiver Profile
Website
fxriver.com
Year
2015
Country
Malaysia
Branches
1
Regulation
LFSA Labuan
Registration
LFSA Labuan, FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
...
Broker type
MM, STP
Dealing book
B-book, A-book
Tier
3
Execution speed
4 ms
LPs total
...
LPs quality
...
LPs names
...

FxRiver Accounts
MM
STP
Minimum Deposit
20 $
250 $
Leverage
400 : 1
400 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0 pips
Commission
0 $/lotRT
6 $/lotRT
Volume
...
...
Margin Call
100 %
100 %
Stop Out
20 %
20 %
Execution
Market
Market
Spread
floating
floating
Scalping
yes
yes
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, PayPal, Help2Pay, Bitcoin
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 6 months
Update broker

Is FxRiver safe?

  • Investor protection: no
  • Regulation: LFSA Labuan
  • Registration: LFSA Labuan, FSA SVG
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is FxRiver trusted?

  • Information transparency: limited ★★
  • Customer service: ...
  • FxRiver website: semi-detailed, updated ★★★
  • FxRiver popularity (by visitor count): low visits ★★

How FxRiver works



Forex River Ltd. holds all retail clients’ money in trust in segregated bank accounts

Our products are traded exclusively off-exchange, a type of trading which is also called dealing “over-the- counter” or “OTC”. In dealing with us off-exchange you deal directly with us and we are the counterparty to all of your transactions. Depending on the market, our prices will usually be based on an exchange price but can fluctuate away from the underlying prices due to a variety of reasons. When dealing on markets which are not centrally cleared markets, there is no exchange or central clearing house to guarantee the settlement of such transactions. All open trades can only be closed and settled with us.



Add new comment...