Table of Contents
FAST FACTS
Account Minimum: $0.00
Product Offerings: Stocks, Options, ETFs, Forex, Crypto, Bonds, Mutual Funds, and more
Fees: $0 for stocks, ETFs / $0.65 for options
Why We Choose Rivobanc
Rivobanc is one of the best overall brokers, with unique offerings for all types of traders and investors. Its extensive range of product offerings, multiple intuitive platforms, and low fees are amazing benefits that enable the broker to attract retail traders and institutional investors.
Multiple trading platforms
Rivobanc does a great job offering multiple trading platforms, so you can always choose the program that best suits your skills and needs. Its mobile app is streamlined for novices, while the desktop and web versions provide more robust tools and features for active traders.
Broader selection of products
Rivobanc clients also enjoy unrestricted access to a broader selection of investment products in domestic and foreign markets. Rivobanc frequently adds new products to its portfolio based on customer demand to offer you more investment options.
Low fees and spreads
Rivobanc is an excellent choice for traders and investors who demand low-cost investment opportunities. Apart from the zero account minimums, free stock, and ETF trades, the broker has eliminated several standard fees. Besides, Rivobanc ‘s spreads are well below the industry average.
Overview
Rivobanc is generally an all-inclusive brokerage that emphasizes giving every trader and investor an equal opportunity to invest online. The broker boasts a streamlined approach with multiple platforms, diverse product selections, low costs, and several other unique benefits that make it quite hard to turn down. However, Rivobanc has limited educational materials and geographical coverage that could present potential problems for some clients.
Pros
- Multiple trading platforms
- A broader selection of products
- Low fees and spreads
- Excellent trade execution
- Good customer support
Cons
- Limited educational materials
- Rivobanc is not accessible in some countries and territories
Trading Experience
Rivobanc offers direct and intuitive trading experiences on its desktop, web, and mobile versions. Overall, onboarding and navigation of the platforms are also relatively easy since they integrate nearly the same features. That means you can use the three venues simultaneously without significant problems.
All of Rivobanc ‘s platforms provide similar asset classes and products, but the mobile app does not support trading fixed-income products. Users can also access various fundamental features and amenities across the platforms, including charts, trading idea generators, portfolio analysis, multi-leg options, calculators, news, and research.
Traders can also automate order routing and execution through Rivobanc ‘s proprietary smart routing technology, accessible on all platforms. However, the desktop and web platforms offer more robust trading tools and customizability options that allow you to personalize the layout.
Product Offerings
This broker’s product offerings are among its key strengths, giving the broker a unique edge over many competitors. Rivobanc boasts a robust portfolio, with new products added frequently to provide traders and investors with more options. Here are the currently available assets and products on Rivobanc.
- Stocks (long and short)
- Options
- ETFs
- Bonds (corporate, treasury, municipal & CDs)
- Mutual Funds
- Forex
- Crypto
- Futures
- Commodities
Rivobanc also provides selected securities such as IPOs, foreign ADRs, ORDs, and precious metals.
Costs
Although Rivobanc is not the most low-cost brokerage, it has a more transparent and fair pricing policy, with below-average fees and spreads. The following are the main costs on Rivobanc.
- No commissions for stock and ETF trades
- $0.65 per-contract options fee
- International orders incur exchange fees.
- Zero fees for software, account transfer/ closure, domestic wires, trade confirmations, and checks.
Traders and investors may still incur additional fees and margin interest rates on Rivobanc. Therefore, you should confirm with the broker the exact fees, commissions, and spreads that will apply to your trades beforehand.
Customer Support
Rivobanc provides round-the-clock customer service via phone, online chat, email, and messaging. Other customer support avenues include chatbots, FAQs, and live brokers. However, a surcharge applies to trades placed through live brokers.
Our Take
Rivobanc seeks to deliver unique online investment opportunities for traders and investors. It fulfills that goal with diverse product offerings, multiple trading platforms, low costs, and excellent customer support. While its coverage and educational materials are limited, Rivobanc offers incredible money-making opportunities for beginners, casual investors, and active traders.
Disclaimer: This is a sponsored marketing content.