“Empowering Your Trading Journey” – a good attempt to attract attention by the broker RiveGarde, which will be examined in this review. Despite bold claims of 400,000 clients, there are very few comments about the firm on the internet. According to the phone numbers listed, the company has offices in Spain, Switzerland, the United Kingdom, France, and Japan. However, these are just guesses, as there are no real proofs. Nothing is said about regulation or the date of foundation, so we wonder whether it is safe to trade here or not.
How to Trade
RiveGarde clients gain access to trading currency pairs, securities, metals, commodities, cryptocurrencies, and NFTs. The minimum deposit is $250, depending on the type of account chosen by the trader.
RiveGarde offers 6 types of accounts in total, while there is no demo account. The better the tariff, the more services the user receives:
- Technical support.
- Expert chart and market analysis.
- Membership for expertly managed account.
- Weekly meetings with an expert analyst.
- Access to the dealings department on WhatsApp.
- And others.
According to the description on the official website, RiveGarde offers trading on the MetaTrader 5 platform (Windows, Mac, Android/iOS). The leverage is not higher than 1:10-1:50 and also depends on the tariff plan. However, the size of commissions and spreads is unknown.
RiveGarde Vital Info
Although the firm talks a lot about itself, specific data, unfortunately, is missing. For example, the date of the foundation remains a mystery to us. When did RiveGarde actually start operating? This might be indicated by the domain of the official website, more precisely, its registration date. The site appeared on July 20, 2023, so the broker is unlikely to have more than 1 year of experience.
No licenses are mentioned on the site; moreover, even the legal address is not listed. We checked some country registries for the phone numbers listed in the “contacts” section. For instance, there is no information about RiveGarde in FINMA and FCA.
Let me tell you my sad story of how I lost all my money in this scam pseudo-firm with the stupid name RiveGarde. Basically, I made a big mistake in choosing a brokerage partner, invested $1,000 here. I started trading, but the conditions turned out to be unfavorable. It's simply impossible to trade on their platform for profit. Then I decided to withdraw funds, as such inadequate conditions do not suit me. I expected the firm to withdraw all the funds without any problems, but no, I was mistaken. In fact, the scammers didn't even respond to me. I didn't call, but I wrote an email. No response from their side followed. In the end, I'm out of money, the scammers don't respond, I don't know what to do. RiveGarde scammed me out of money. So, it's a typical scam broker. Now you know the whole truth, and I hope you won't invest here.
It has long been known that RIVEGARDE operates illegally. They have no license, and there isn't even a legal entity. So, essentially, we're looking at a typical brokerage website with fake brokerage services. What can we expect from it? Obviously – a scam.
I've encountered such pseudo-companies more than once. Therefore, I know what I'm talking about. There was no license here, and there never will be.
They adhere to a KYC policy, while having several phone numbers that suggest branches in all these countries. Moreover, rivegarde offers various types of accounts. IMHO, it's a normal company but with certain peculiarities.
I don't trade Forex, but I advise everyone wanting to start earning here – don't invest a lot of funds at once, start slowly.
They used to list a legal address in Switzerland on their site. Not anymore. Apparently, the anonymous scammers realized that they were exposing themselves too much and decided to remove the address. Because many people were verifying the registration in Switzerland and finding out that such a company does not exist there. Now there are no addresses at all, so it's unclear where to look for the broker. But I'll give you a hint – no need to look for RiveGarde, as it's a fake broker. It simply does not exist.
If it were an honest firm that operates honestly and safely, believe me, you could find information on the website about the legal address, licenses, period of operation, and there would also be registration numbers, links to registries, and the names of the founders. But since there is none, it's quite reasonable to think that you are facing a typical scam.
As an experienced trader, I can only recommend never agreeing to deposit in this place. If you ever get a call or message with an offer to start trading profitably on Forex/CFD, those are scammers. Normal and honest firms never call first and offer to open an account. I suspect that rivegarde attracts new traders in this way. Moreover, the swindlers are specifically targeting inexperienced traders who have no understanding of where the fraud is and where it's not. So, stay away from rivegarde.com.
So, it's even impossible to register with them, or is it just me having this issue? Some sort of promo code is needed, but I don't know where to get it. It's doubtful RiveGarde is an honest and reliable broker; otherwise, it would allow free registration. Usually, only illegal firms that lack regulation do such things.
RIVEGARDE – A GATHERING OF SCAMMERS WHO ARE AFRAID TO SHOW THEIR FACES! These are smart and experienced swindlers, and rivegarde.com is not their only one. The crooks have dozens of sites, possibly even hundreds. I fell into this trap myself and lost $4,5K.
You might as well disregard this scam called RiveGarde. It makes no sense because all the money these scoundrels receive is stolen. Yes, that's the harsh truth. So, if you've made a deposit here, believe me, you've lost it forever. The scammers won't return a cent. Such fraudulent sites should be blocked, but alas.
My friend invited me here. And we both lost our money. Stop losses were constantly triggered as if the charts were drawn. The terminal worked terribly. But most importantly, RiveGarde does not pay out the remaining funds.
We don't know where to turn for help. Apparently, there's nothing that can be done. Be careful.
I want the police to find these scammers, then seize all the money and return it to all the victims. I gave the fraudsters $1,500. Other people lost $10,000 and more.
I want to warn all newcomers against cooperating with this fraudulent company. Firstly, they have been operating for only half a year, possibly even less. You can easily check when their site was registered through special services. Secondly, registration data and documents are not provided. They are simply absent. Can we then talk about openness and transparency on the part of RiveGarde? Thirdly, there's nothing to comment on regulation since it's missing. Fourthly, I advise reading reviews online, as they describe exactly how this fake firm scams people, what fraudulent schemes it uses, and why it's a scam.
I have a withdrawal request pending for 3 days. Is this a normal timeframe, or should I start panicking? Has anyone had problems with withdrawals? How long does the processing take? I'm very worried.
These are outright scammers who extract money from people, with a minimum of $250. Have you ever seen a verified and safe broker require so much money for a minimum deposit? I haven't. But RiveGarde somehow thought they were unique and now lure people in with all sorts of nonsense. I noticed one important detail that exactly fraudulent firms offer a minimum deposit of $250. Why is that? Does anyone know? I don't.
Actually, I learned about this scam from another trader who invested $1,250 here. He traded for a few days unsuccessfully, and then he decided to withdraw the deposit, or rather the remnants of the balance. But here's the kicker, he can't get the money. I immediately understood what was going on, just by looking at the trading conditions, which are unlike those you'd see in safe companies.