website thubmnail of Rivobanc

RivobancReviews 35

1.7

On Sitejabber, businesses may not offer incentives or pay to remove reviews. Learn more about our Review Guidelines.

How would you rate Rivobanc?
grey star
grey star
grey star
grey star
grey star

Rivobanc Reviews Summary

Rivobanc has a rating of 1.7 stars from 35 reviews, indicating that most customers are generally dissatisfied with their purchases.

We monitor reviews for authenticity

Switzerland
1 review
0 helpful votes
Follow Malcolm R.
Unfollow Malcolm R.
Share Review
Report Review

Highly recommend
March 22, 2023

This forex broker is a gem! I've been using them for months and I have never had any problems with them. They offer competitive spreads and their trading platform is easy to use

Date of experience: March 22, 2023
California
1 review
0 helpful votes
Follow Matthew C.
Unfollow Matthew C.
Share Review
Report Review

I've never had any issues with withdrawals from this broker. They process them quickly and without any hassle

Date of experience: March 15, 2023
Sweden
1 review
2 helpful votes
Follow Edelweiss G.
Unfollow Edelweiss G.
Share Review
Report Review

Thieves!
March 12, 2023

I was bullied non-stop every day starting at 6 am from the Rivibanc "team" (bunch of thieves and conartists) for me to put more money in their scam. Which I fortunately didn't. Now that I want to close up the account, nobody answers phones or emails! I read other reviews from people that are happy with their profits… but have you tried to get some money back? It's fake profits, fake company! DO NOT FALL INTO THIS SCAM!

Date of experience: March 12, 2023
Canada
1 review
2 helpful votes
Follow Gurpreet S.
Unfollow Gurpreet S.
Share Review
Report Review

I started with Rivobanc jan27, first call with Mr Richard Koing realize me they are Scammers they took my $5000 dollars and when I requested to close my account they declined my ID prof, not picking up any call everything they pretend is fake to Scame you plz plz safe yourself and don't engage with Scammer like Rivobanc thx

Date of experience: March 9, 2023
Spain
2 reviews
1 helpful vote
Follow Paula C.
Unfollow Paula C.
Share Review
Report Review

I think positive reviews are all false. YOU CAN'T withdraw the money. They are not regulated by the LAW. I loose my money ( a little) because I read bad comments, and tried to get my money back and I couldn't. BEWARE

Date of experience: March 3, 2023
California
1 review
0 helpful votes
Follow Perkins F.
Unfollow Perkins F.
Share Review
Report Review

Rivobanc broker is super competitive in terms of its trading fees and spreads. The process of opening an account is simple, though I had minor issue with the mt5 platform but it was resolved almost instantly

Date of experience: March 2, 2023
Canada
1 review
4 helpful votes
Follow Melanie G.
Unfollow Melanie G.
Share Review
Report Review

After trading on the platform for 3 months, I come to this conclusion.

I've been pushed to put more and more money, I took out investments, sent them over, took all my savings and they even asked me to take high interests loans (like 35% interest), I was able to withdraw 250$, and I tested another 200$, but that's about it

When I tried to withdraw my money, I was told the transaction was stucked in the blockchain, I was asked to send $10k once, it didn't work, sent it twice, as the money was supposed to be given back to me. I was screwed by one employee, according to them... So after 20k$ lost, I still have to send another 10k to pay brokerage fees and commission.
They don't want to take the brokerage fees and commissions from the 100,000$ I have in my account.

As for the employee who frauded me, they only say he's not working there no more, but nothing is made to help me get back my money.

So after 3 months of business, I realized I can't access the money, they just want me to dish out more money.

I refuse to send any more money, after sending over $70k, I can't get them to send me my funds. I'm stuck NO savings, LOST the investment I sent them, and extra debts.

DON'T WASTE YOUR TIME AND MONEY!

Date of experience: March 1, 2023
Ireland
1 review
4 helpful votes
Follow Nicola C.
Unfollow Nicola C.
Share Review
Report Review

This outfit is a shadow scam who claim their headquarters to be in Switzerland. They stole 10,000 euro from me through a very dangerous game of PRETEND contact for trading. They ignored weeks of requests to close the account and only made contact to let me know funds had dwindled. Registered post to compliance teams in Switzerland have been returned undeliveredat that address. None of the phone numbers accept calls. My advice, DO NOT ENGAGE WITH SCAMMERS!

Date of experience: February 24, 2023
GB
1 review
3 helpful votes
Follow Madhavan V.
Unfollow Madhavan V.
Share Review
Report Review

AVOID AVOID AVOID
February 17, 2023

I'm very surprised how such companies are allowed to continue, they are absolute scamsters.
You will be asked to subscribe to some courses which by the way is your investment and this money shows up on a very dogdgy looking platform. The so called account managers will make you believe in opening few positions mostly FX and crude oil trades and also make it appear to be profitable (sometimes even 20x). Once you see these profits on closing the postions, the account managers will push to invest further and they are very persistent with this mind you.
Meanwhile your funds is locked with them forever, you will never be able to withdraw neither your capital or the profits.
Any withdrawal request will not be processed instead you will get to hear some moral stories about how you should lead your life, i've no words to describe the kind of people who are employed by this company. Abslolute garbage and what a low life these people have to steal other's money.

PLEASE anybody wanting to invest just just avoid, i just wish i can timetravel and undo my investment with these scamsters.

Date of experience: February 17, 2023
Norway
1 review
3 helpful votes
Follow Rudi N.
Unfollow Rudi N.
Share Review
Report Review

This looks like a scam.
February 15, 2023

This company looks like a scam. They pushed me to invest almost 70.000 euro, my trading profit have been up to 150.000 euros, and after asking for withdrawal I have not recieved anything after weeks of asking.
If this continues, this is serious crime, and will be turned to autorities.
Never invest in a company like this!

Date of experience: February 15, 2023
Canada
1 review
3 helpful votes
Follow MOHAMED W.
Unfollow MOHAMED W.
Share Review
Report Review

I really can't understand too, can't withdraw our money.
And he does not answer call them too please how can we do for when then get our money back.

Please I need your opinion, I invest here rivobanc 7500$
I have an account but I them two problem the first you cannot withdraw your profit.
And the team that works for rivobanc does not answer customer calls, please answer me if you know more information
Date of experience: February 14, 2023
Canada
1 review
8 helpful votes
Follow Kushal K.
Unfollow Kushal K.
Share Review
Report Review

This is a Total Scam!
January 25, 2023

This is a Total Scam!
They never talk about the withdrawals, they just want you to invest more money. And when you want to withdraw, they will stop calling you and you cannot reach out to any any of their number. Beware, don't invest, otherwise your money will be gone.

Date of experience: January 25, 2023
NL
1 review
4 helpful votes
Follow Evelien B.
Unfollow Evelien B.
Share Review
Report Review

Scam
January 25, 2023

Can not be trusted. They dont let you withdraw your money. They are frustrating the proces until you money is gone.

Date of experience: January 25, 2023
Canada
1 review
4 helpful votes
Follow A R.
Unfollow A R.
Share Review
Report Review

Scam
January 19, 2023

I recently joined verification accepted now I would to withdraw my money after 1week now they say my verification is invalid. I can't withdraw my money BEWARE.

Date of experience: January 19, 2023
Pennsylvania
3 reviews
2 helpful votes
Follow Accedi P.
Unfollow Accedi P.
Share Review
Report Review

Fees are reasonable
January 11, 2023

I have been trading with Rivobanc for a few months now and I have to say I am impressed. The website is easy to use and the asset index makes it easy to find what I am looking for. Buying and selling across multiple investments is a breeze, and the fees are reasonable. The only drawback I have noticed is that the website colour scheme could be improved as it is a bit dull.

Date of experience: January 11, 2023