Forex Brokers

RIVER (Imposter)

1.3 (12 reviews)
🇳🇿 New Zealand
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1.3
12 reviews
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About RIVER (Imposter)

RIVER (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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Teresa K.
1 weeks ago

RIVER (Imposter) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.

Pros: Helpful community forum|Segregated accounts|Dedicated account manager|Real-time alerts

Cons: Charting tools need more indicators|Research section could be deeper

No demo account that works

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Ryan A.
3 weeks ago

What really bothers me about RIVER (Imposter) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after hearing about them at a conference and I fell for the polished exterior. Never again.

Pros: Detailed reporting|Educational resources|Easy to use platform|Fast execution

Cons: No fractional shares|Would like more payment methods

Rip-off dressed as a service

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Christina P.
3 months ago

Do not believe the bonus offer from RIVER (Imposter). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through word of mouth in my investment club and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Easy to use platform|Fast execution|Risk management tools

Cons: Email notifications too frequent

I expected bad but this was worse

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Edward I.
4 months ago

I referred a friend to RIVER (Imposter) through a financial advisor. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Real-time alerts|Multiple order types|Automated trading options|Great customer service

Cons: Withdrawal takes 1-2 business days|Limited cryptocurrency options

Arbitration clause traps you

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Catherine D.
4 months ago

I closed a profitable position at RIVER (Imposter) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.

Pros: Transparent fees|Clear documentation

Cons: Email notifications too frequent

Laughably bad service

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Gabrielle Z.
5 months ago

The reporting at RIVER (Imposter) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Smooth onboarding|Reliable uptime

Cons: Wish they had more educational resources

Cannot withdraw funds - classic scam

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Andrew T.
7 months ago

I invested $2,000 with RIVER (Imposter) after seeing their professional-looking website. At first, everything seemed fine - they showed me impressive returns on my dashboard. But when I tried to withdraw, they kept making excuses. First it was "processing time," then "verification needed," then "you need to pay a tax fee first." I never got my money back. I have since reported them to Financial Markets Authority.

Cons: Blocked my account|No legitimate license|Fake returns

Still fighting for my withdrawal

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Hugo N.
7 months ago

The platform at RIVER (Imposter) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for nearly two years of dealing with this, I have had enough.

Pros: Educational resources|Clear documentation|Customizable dashboard

Cons: Search feature is basic|Website design could be more modern

Proceed with extreme caution

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Andrew K.
8 months ago

Several red flags with RIVER (Imposter): (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.

Cons: Unauthorized firm|Found in IOSCO warnings database

They deleted my negative review

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Olivia D.
8 months ago

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. RIVER (Imposter) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

Pros: No hidden fees|Multiple order types

Cons: Limited social trading features|No dark mode on mobile