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FBK MARKETS vs Riverquode

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick Riverquode leads on safety — winning 4 of 5 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
FBK MARKETS Forex
53/100 risk
🇿🇦 South Africa
Read review →
Riverquode Forex
47/100 risk
🇿🇦 South Africa
Read review →
Safety & Trust
Scam-risk score lower = safer
53
47
Verdict
Elevated
Guarded
Regulated
Yes
Yes
Licenses
1
2
Tier-1 regulators
0
1
Trustpilot score
1.7
2.1
Reviews collected
79
29
Exit risk lower = safer
Severe
Known clones
0
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$20
Max leverage
$0-$1000 - 1:1000 $1001-$2000 - 1:500 $2001-$5000 - 1:300 $5001-$10000 - 1:200 $10001-$Unlimited - 1:100
FX 1:400 Silver & Gold (metals) 1:200 Indices 1:200 Commodities 1:200 Stocks/Equities 1:5 Cryptos 1:5
Min spread (best acct)
from 0.5
from 0.9
Commission
$0
Cost grade
Account types
5
5
Best for
Suits
Micro account traders who prioritize low initial deposit, South African residents using Skrill deposits
Not for
Traders who rely on timely and reliable withdrawals, Profit-focused traders concerned about account termination, Traders seeking a strongly regulated broker with proven oversight
Traders seeking reliable withdrawals, Investors who value responsive and competent support, Those looking for a transparent and trustworthy broker
Products & Funding
Instruments
--
--
Deposit methods
Skrill
--
Withdrawal
--
--
Execution
Speed
Slippage
Swap cost
Company
Founded
2021-12-17
2025-06-27
Headquarters
🇿🇦 South Africa
🇿🇦 South Africa
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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