Available Assets
Fees & Commission
Trading Platform
Tools and Features
Licensing & Regulation
Educational Materials
Account Types
Customer Support
Deposits & Withdrawals
A TopBrokers360 Riverquode Review for 2026
Riverquode is a regulated online broker under AzurevistaFX (Pty) Ltd, licensed by South Africa’s FSCA (License 52830). The broker offers a proprietary WebTrader platform, 160+ tradable instruments, and a focus on education for beginner and intermediate traders.
With segregated client funds and negative balance protection, Riverquode prioritizes trader security. Its multilingual support and flexible account types make it suitable for traders worldwide, though it excludes clients from the US, UK, EU, Canada, and select other countries.
➟ Learn the basics of FX and CFDs with our comprehensive educational materials.
Pros and Cons
Pros:
- Regulated by FSCA with segregated client funds
- Fast execution and low latency
- 5 account types + demo account
- Extensive educational hub and tools
- Web-based platform accessible on all devices
Cons:
- No swap-free accounts
- Low leverage on stocks & crypto (1:5)
- High inactivity fees (up to $500)
WebTrader platform
Riverquode offers a proprietary WebTrader platform accessible from any browser, without installation. The platform supports charting, technical analysis, Trading Central integration, and strategy-building tools, making it easy for beginner and intermediate traders to operate.
Key Features:
- Browser-based, no downloads required
- Mobile-friendly and responsive
- Integrated risk management tools
- Real-time charting and analysis
- Economic Calendar integration
- Trading Central analytics
- Stop-out and margin call alerts
- Strategy builder tools
Instruments
Riverquode offers 160+ instruments including Forex, Stocks, Cryptocurrencies, Indices, and Commodities. Traders can leverage up to 1:400 on forex and up to 1:200 on commodities and indices. Leverage on stocks and crypto is limited to 1:5.
CFD Instruments:
- Forex: 45+ major and minor pairs
- Stocks: 126 global equities
- Cryptocurrencies: 10
- Indices: 12
- Commodities & Metals: 15
Trading Accounts
Riverquode offers five account types: Classic, Silver, Gold, Platinum, and VIP. Each account features negative balance protection, free support, access to all instruments, and trading tools. VIP accounts offer the tightest spreads and swap discounts. Demo accounts are available for practice.
Compliance with Regulatory Standards
Riverquode is regulated by the FSCA of South Africa (License 52830). Client funds are kept in segregated accounts, and the broker provides negative balance protection. FSCA regulation ensures adherence to strong operational and financial standards.
Payment Methods
Riverquode accepts deposits and withdrawals via Visa/Mastercard, bank wire, and APMs.
- Minimum Deposit: $250
- Deposit Fee: $0 (processor fees may apply)
- Withdrawal Fee: $0 if account verified and at least one trade executed; otherwise $10 + method fees
- Inactivity Fees: $100–$500 after 1–6 months
Support
Riverquode offers multilingual support via live chat, email, and phone. Customer service is available in 8+ languages including English, Portuguese, Spanish, German, Thai, Hindi, Malay, French, and Italian.
- [email protected]
- +442031500978
Conclusion
Riverquode is a promising new broker with strong FSCA regulation, a web-based trading platform, and extensive educational support. While it lacks MT4/MT5 platforms and has limited leverage on crypto and stocks, it is beginner-friendly and secure.
Frequently Asked Questions
1. Is Riverquode regulated?
Yes, Riverquode is regulated by the FSCA of South Africa (License 52830).
2. Is Riverquode safe for beginners?
Yes, Riverquode offers negative balance protection and keeps client funds in segregated accounts, making it suitable for beginners.
3.What is Riverquode’s minimum deposit?
The minimum deposit to start trading with Riverquode is $250.
4. What trading platforms are offered?
Riverquode provides a proprietary WebTrader platform, accessible from any browser. MT4 and MT5 are not available.
5. Does Riverquode allow crypto trading?
Yes, Riverquode offers trading on 10 cryptocurrencies.
6. Are demo accounts available?
Yes, Riverquode provides unlimited demo accounts for practice trading.
7. What languages is support offered in?
Customer support is available in 8+ languages, including English, Portuguese, Spanish, German, Thai, Hindi, Malay, and French.
8. Are there swap-free accounts?
No, Riverquode does not offer swap-free (Islamic) accounts, though some accounts may have swap discounts.
9. What is the maximum leverage?
Maximum leverage is 1:400 on Forex, 1:200 on commodities and indices, and 1:5 on stocks and cryptocurrencies.
10. Are there inactivity fees?
Yes, inactivity fees range from $100 to $500 depending on account activity and duration.