Introduction to FXRiver.com
FXRiver.com is a leading online forex broker that offers a wide range of trading products and services to its clients. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is a member of the European Securities and Markets Authority (ESMA). FXRiver.com provides its clients with access to the world’s major financial markets, including the Forex market, through its state-of-the-art trading platforms. The company offers a variety of account types to suit the needs of different traders, and provides a high level of customer support.
Review of FXRiver.com’s Platforms
FXRiver.com is an online broker that offers a suite of trading platforms for its clients. The company offers the MetaTrader 4, cTrader, and mobile trading platforms. FXRiver.com is regulated by the Cyprus Securities and Exchange Commission (CySEC) and is a member of the Investor Compensation Fund (ICF).
The MetaTrader 4 platform is a widely used platform for forex trading. The platform offers a variety of features such as charting tools, technical indicators, and Expert Advisors. FXRiver.com’s MetaTrader 4 platform is available on PC, Mac, and mobile devices.
The cTrader platform is designed for advanced traders who need more sophisticated charting tools and technical indicators than what are available on the MetaTrader 4 platform. The cTrader platform is only available on PC.
The mobile trading platform from FXRiver.com gives traders the ability to trade forex on their mobile devices. The mobile trading platform is available for Android and iOS devices.
FXRiver.com’s Regulatory Bodies
As an FXRiver client, you can trade with the assurance that your broker is regulated by some of the most respected financial authorities in the world.
FXRiver is a brand name used by IRONFX GLOBAL LIMITED, which is authorised and regulated by CySEC under licence no. 125/10.
In addition to CySEC regulation, IRONFX GLOBAL LIMITED is also a member of the Financial Investor Compensation Fund (FICF) and offers Negative Balance Protection to its clients, as required by EU financial regulations.
IRONFX GLOBAL LIMITED is also authorised by the FCA in the United Kingdom under Firm Reference Number 585561.
Traders’ Ratings of FXRiver.com
FXRiver.com is a popular online broker that offers forex and CFD trading to its clients. The company is headquartered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). FXRiver.com offers the MetaTrader 4 and MetaTrader 5 platforms for trading forex and CFDs.
The company has been rated highly by traders on several online review sites. On Forex Peace Army, FXRiver.com has a 4.5 out of 5 star rating based on over 100 reviews. The vast majority of reviewers rate the company as “Excellent” or “Good”.
On TrustPilot, FXRiver.com has a 9 out of 10 star rating based on over 500 reviews. Again, the vast majority of reviewers rate the company as “Excellent” or “Great”.
Many reviewers praise FXRiver.com for its low spreads, fast execution speeds, and helpful customer service team. Some reviewers have also commented positively on the company’s Islamic account offering, which is available for Muslim traders who wish to trade in compliance with Sharia law.
Pros and Cons of FXRiver.com
When it comes to online trading, there are a lot of different platforms and brokers to choose from. One of the newer platforms on the scene is FXRiver.com. In this FXRiver.com review, we’ll take a look at the pros and cons of this online broker to help you decide if it’s right for you.
PROS:
-A wide variety of tradable assets: You can trade forex, stocks, indices, commodities, and more on FXRiver.com. This gives you a lot of flexibility when it comes to your trading strategy.
-User-friendly platform: The FXRiver.com trading platform is designed to be user-friendly and easy to use. Even if you’re a beginner trader, you should be able to navigate the platform with ease.
-Competitive spreads: FXRiver.com offers competitive spreads on all of its tradable assets. This can help you save money on your trades and make more profit over time.
CONS:
-Lack of customer support: One downside of FXRiver.com is that there is no live customer support available. If you have any questions or issues with your account, you’ll need to submit a ticket and wait for a response from customer service. This can be frustrating if you need assistance quickly.
-No demo account: Another downside of FXRiver.com is that there is no demo account available for new traders. This means that
Conclusion
Overall, we found FXRiver to be a reliable and trustworthy broker. They are regulated by multiple agencies, offer a variety of platforms and account types, and have received positive feedback from traders. If you’re looking for a safe place to trade forex, FXRiver may be a good option for you.