Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
River Prime Pros & Cons
- No strict deposit requirements for beginner accounts;
- 24/5 support for currency pair trading;
- Wide range of trading instruments;
- The partnership offers for retail traders and experienced managers;
- Accounts with different pricing models;
- Free access to useful analytical tools, financial calculators, and trading signals;
- Deposits and withdrawals without a broker fee.
- High spreads on accounts without additional trading fees;
- Traders cannot trade CFDs on cryptocurrencies;
- MetaTrader 4 platforms, which are more user-friendly for beginners, are not available.
River Prime is a regulated broker offering trading in derivatives via CFDs. It is officially registered in Malaysia with the Labuan Financial Services Authority (LFSA) license number MB/19/0039, and in Saint Vincent and the Grenadines under the Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) number 23007 IBC 2015. River Prime provides clients access to over 2,000 financial instruments, copy trading, and investments in PAMM and MAM accounts. The broker offers trading education, accounts for both professionals and beginners, and technical and fundamental analysis.
TU Expert Verdict
River Prime carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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River Prime User Reviews
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of River Prime have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of River Prime with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, River Prime’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
River Prime Standard spreads River Prime OANDA FOREX.com EUR/USD min, pips 1.1 0.1 0.7 EUR/USD max, pips 1.3 0.5 1.2 GPB/USD min, pips 1.5 0.1 0.9 GPB/USD max, pips 1.8 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
River Prime RAW/ECN spreads River Prime OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3.0 3.5 5 EUR/USD avg spread 0.1 0.15 0.2 GBP/USD avg spread 0.3 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with River Prime. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
River Prime Non-Trading Fees River Prime OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is River Prime Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria3.7 /10River Prime has a safety score of 3.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Not tier-1 regulated
- Track record of less than 8 years
River Prime Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level SVG FSA
Full Name Financial Services Authority of St. Vincent and the Grenadines Country of regulation St. Vincent and the Grenadines Investor Protection Fund No specific fund Regulation Level Tier-3 River Prime Security Factors Foundation date - Negative balance protection YesVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.5.5 /10River Prime offers the following account options: Demo, Standard, ECN/Raw spread, Swap Free.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Low minimum deposit
- Demo account
- Tight spread ECN account
- No VIP account option
- No Cent account
River Prime account types vs top competitors River Prime Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free YesNoNoVIP NoNoNoManaged NoNoNoRiver Prime accounts trading conditions
To start trading on the over-the-counter market through River Prime, open a live account and fund it. Three account types are available, differing in fee levels and initial deposit requirements. All accounts are set up on the MT5 trading platform after verification.
Account Types:
Account Type Description Pro Designed for beginner traders, with spreads starting from 1 pips and no trading fee. The minimum deposit amount is $20; Prime For experienced traders, with floating spreads starting from 0.0 pips. The commission per lot is $6. The initial deposit is $250; Premium For professional trading, featuring raw spreads and a commission of $3 per lot. A minimum of $3,000 is required to start trading with this account type. Before opening a live account, you can try out a demo account funded with virtual funds to practice your strategies. River Prime offers a range of accounts tailored to the needs of both novice traders and professionals, along with investors seeking passive income strategies through PAMM and MAM accounts. Each account type supports the Swap Free option.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology4.5 /10River Prime received a Low score for the efficiency and convenience of its deposit and withdrawal processes.
River Prime offers limited payment options and accessibility, which may impact its competitiveness.
- No deposit fee
- No withdrawal fee
- Bank card deposits and withdrawals
- Minimum deposit below industry average
- USDT payments not accepted
- Wise not supported
- BTC payments not accepted
What are River Prime deposit and withdrawal options?
River Prime offers a limited selection of deposit and withdrawal methods, including Bank Card, Bank Wire. This limitation may restrict flexibility for users, making River Prime less competitive for those seeking diverse payment options.
River Prime Deposit and Withdrawal Methods vs Competitors River Prime Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC NoNoNoWhat are River Prime base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. River Prime supports the following base account currencies: USD.
What are River Prime's minimum deposit and withdrawal amounts?
The minimum deposit on River Prime is $20, while the minimum withdrawal amount is $1. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact River Prime’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6.5 /10River Prime offers a wider selection of trading assets than the market average, with over 2000 tradable assets available, including 37 currency pairs.
- 2000 assets for trading
- Indices trading
- Bonds not available
- Copy trading not available
Supported markets vs top competitors
We have compared the range of assets and markets supported by River Prime with its competitors, making it easier for you to find the perfect fit.
River Prime Trading.com Plus500 Currency pairs 37 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 2000 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. NoNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products River Prime offers for beginner traders and investors who prefer not to engage in active trading.
River Prime Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading NoNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at River Prime by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10We successfully registered an account with River Prime in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at River Prime is $20. This is one of the most accessible and hassle-free onboarding procedures on the market.
- Quick KYC verification (1 business day or less)
- Fully online account opening process
- Fast registration time (up to 15 minutes)
- Account setup process may feel less convenient for beginners
River Prime account opening River Prime Trading.com Plus500 Online Registration YesYesYesMinimum deposit $20 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 7 20 KYC time (days) 1 2 3 Is River Prime available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
A user account on the River Prime website unlocks a range of features and benefits. To get started, simply register by following these steps:
First, on the River Prime website, select the division you need either Saint Vincent and the Grenadines or Malaysia. The jurisdiction switch button is located at the top of the screen. Then, click "Open Account" or "Create Account." If you click "Try Demo," a form for registering a demo account will appear.
In the form, enter your personal information and contact details. Be sure to provide a valid email address and create a strong password, as these will be used to log into your user account.
Steps for a new client after creating a user account with River Prime:
- Complete your profile and upload documents to verify your identity..
- Deposit funds after the company verifies the previously submitted documents..
Additional features of River Prime’s user account allow traders to:
- Open accounts;
- Submit withdrawal requests;
- View market data on major currency pairs and metals;
- Install the desktop trading platform;
- Send support requests;
- Access trading signals, trader calculators, and market news.
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Customer Support
Score:We evaluated Customer Support at River Prime by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria5 /10Customer support at River Prime is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.
During testing, response times were moderate, and communication depended on the complexity of the request. River Prime provides basic support functionality but does not stand out in overall service performance.
InformationRiver Prime offers multiple ways to reach their support team via the Contact Us section on their website. Whether you prefer online or offline methods, they have you covered.
- Multilingual technical support available 24/5
- Support available online and by phone
- Chat operators often avoid answering questions about trading conditions
- Intrusive service in messaging apps
You can reach River Prime through the following methods:
- Phone numbers listed in the contact section for different countries;
- Online chat on the website and in the user account;
- Email;
- Feedback form;
- WhatsApp;
- Facebook;
- Instagram.
The website provides numbers for all company branches, helping to reduce phone call costs.
Contacts Registration address River Prime Ltd, Suite 305, Griffith Corporate Centre, Beach Mont, P.O. Box 1510, Kingstown, Saint Vincent and the Grenadines Regulation LFSA, SVG FSA Official site https://www.riverprime.com/en/ Contacts support@riverprime.com +962 6 400 0005, +971 4 586 0700
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FAQs
How is River Prime regulated and what does its safety score indicate?
River Prime is regulated by the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA), which is classified as Tier-3 regulation and does not provide a specific investor protection fund. The broker has a safety score of 3.7/10, indicating a low security level in this review, although it does offer negative balance protection and requires KYC verification. The foundation date of the company is not specified in this section.
What trading commissions and fees can traders expect at River Prime?
River Prime’s overall fees are rated as medium, with a commissions and fees score of 7/10 in this review. Standard accounts have floating spreads, with typical EUR/USD spreads between 1.1 and 1.3 pips and GBP/USD between 1.5 and 1.8 pips, while RAW/ECN accounts show average spreads of 0.1 pips on EUR/USD and 0.3 pips on GBP/USD plus a $3.0 commission per lot. Non-trading fees are limited, as this section states there are no deposit, withdrawal, or inactivity fees.
What do River Prime user reviews and feedback say about the broker?
River Prime has a user satisfaction score of 6.7/10 based on 3 reviews, with 33% of ratings at 4 stars and 67% at 3 stars, and no 1- or 2-star ratings reported. According to user reviews, the overall impression is mixed rather than strongly positive or negative, and more feedback would be needed for a broader picture.
What deposit and withdrawal options does River Prime provide and how do users describe them in reviews or feedback?
This section states that River Prime supports deposits and withdrawals via bank cards and bank wire transfers, with a minimum deposit of $20 and a minimum withdrawal of $1. It notes that only USD is available as a base account currency, USDT payments are not accepted, and overall deposit and withdrawal flexibility is limited, which contributes to a low score of 4.5/10 for efficiency and convenience. User reviews or feedback specific to deposits and withdrawals are not provided in this section.
How does the River Prime account opening process work and what should new clients expect?
The account opening process at River Prime is fully online, with registration taking about 7 minutes and KYC verification typically completed within 1 business day, and it requires a minimum deposit of $20. New clients choose a jurisdiction (Saint Vincent and the Grenadines or Malaysia), register with personal details, complete their profile, upload verification documents, and then can deposit funds and access features such as opening accounts, submitting withdrawal requests, viewing market data, and contacting support. This section notes that while the process is quick and accessible, it may feel less convenient for beginners.
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