River Valley Trading Pte has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: Singapore/Asia 830 81079, Australia (Asia) (Support Centre) 0291192926, European 020 3239 4635
Addresses: Floor 39 Offices 2-5 Suntec City Tower 2 9 Temasek Boulevard SINGAPORE 038989 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.rivervalleytradingpte.com.
The mobile app from River Valley Trading Pte is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Quick verification|Multi-device support|Great customer service|Clear documentation
Cons: Minimum deposit could be lower|Help articles are sometimes vague
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. River Valley Trading Pte said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: No hidden fees|Good analytical tools|Demo account available|Responsive team
Cons: Research section could be deeper
After for nearly two years with River Valley Trading Pte I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Responsive team|Portfolio tracking tools
Cons: Nothing significant|Charting tools need more indicators
I requested my data from River Valley Trading Pte under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Segregated accounts|Regular updates|Customizable dashboard
Cons: Spreads widen during volatile periods|Currency conversion fee exists
Do not believe the bonus offer from River Valley Trading Pte. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited after seeing their ad online and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Social trading features|Educational resources
Cons: Account statements could be more detailed|Inactivity fee applies after 12 months