About Riley Finance
About Riley Finance
Riley Finance is a financial services company registered in the United Kingdom. The company was founded on December 12, 2022, and lists its registered address as 47 St John's Square, Clerkenwell, London. According to public records, Riley Finance does not hold any known regulatory licences from the Financial Conduct Authority (FCA) or any other major financial regulator. This absence of regulatory oversight is a significant factor for traders considering the platform.
As a young entity, Riley Finance has limited operational history and public footprint. The company's official domain is rileyfinance.com, but without independent access to its website, details about its services remain unverified. FXCanary's Scam Risk Score for Riley Finance is 49 out of 100, placing it in the "Guarded" category, indicating caution is warranted.
Regulation and Compliance
Our review of regulatory databases found no registered licences for Riley Finance under any jurisdiction. The company is not listed on the FCA register, nor does it appear to be authorised by any other reputable regulatory body. This lack of regulation means that traders are not protected by standard investor compensation schemes or oversight mechanisms.
For UK-based traders, the absence of FCA authorisation is particularly concerning. The FCA requires all firms offering financial services to consumers to be authorised and meet strict standards. Without such authorisation, Riley Finance operates outside the regulatory framework designed to protect clients.
Products and Services (Limited Information)
Due to the lack of independent information and the inability to access the official website, we cannot confirm the specific products or services offered by Riley Finance. The company's name suggests a focus on financial services, but whether it provides forex trading, CFDs, spread betting, or other investment products is unknown.
Traders should approach with extreme caution, as the company's actual offerings may differ from expectations. Without transparent disclosure, it is impossible to assess the quality or legitimacy of any services provided.
Account Types
No official information is available regarding account types offered by Riley Finance. It is unclear whether the company provides demo accounts, standard accounts, or any tiered account structures typical of online brokers.
Similarly, details about minimum deposit requirements, leverage options, or available trading platforms are absent from public records. Potential clients should be wary of engaging without clear understanding of account terms.
Deposits and Withdrawals
The funding methods and withdrawal policies of Riley Finance are not publicly known. There is no confirmation of support for bank transfers, credit/debit cards, e-wallets, or any other payment methods.
The lack of transparency around financial transactions is a red flag. Traders should ensure they understand how funds are handled before depositing any money.
Target Audience
Given the limited information, it is difficult to identify the target audience for Riley Finance. The company may aim at retail traders or investors, but this is speculative.
Regulated brokers typically make their target market clear through marketing and disclosures. The absence of such information suggests that Riley Finance may not be actively seeking a wide, regulated client base.
Overview compiled by FXCanary from regulatory records and public data. full Riley Finance review