Is River Prime regulated by FSA (Saint Vincent)?

https://riverprime.com/en/

Dear Investor,

The claim that River Prime is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines (SVG) is not accurate.

While we did locate an entity named River Prime Ltd in the SVG FSA registry, it is important to understand that this registration only grants International Business Company (IBC) status, which does not constitute a valid financial services or forex trading license. The SVG FSA has explicitly stated that it neither regulates nor licenses forex brokers.

However, River Prime also claims to be licensed by the Labuan Financial Services Authority (LFSA) in Malaysia. Upon verification, we confirmed that River Prime Ltd is indeed listed on the LFSA’s official register of licensed entities, and the registered email domain matches the platform’s website, supporting the legitimacy of this licensing.

We advise you to review the LFSA regulatory details carefully and exercise caution when considering trading with River Prime.