What fees does River charge for buy and sell orders?

In addition to a spread, we charge a River Fee which is a percentage based fee depending on the order size. The fee schedule for the River Fee for both buy and sell orders is listed below.

Order Size

River Fee

Less than $250,000.01


Between $250,000.01 and $1,000,000


Between $1,000,000.01 and $5,000,000


More than $5,000,000


Recurring Buy Orders

Recurring buy orders are zero-fee seven days after the order is initiated. For a daily recurring order, the 8th order and onward will be zero-fee. For a weekly recurring order, the second order and onward will be zero-fee. The initial order of a recurring order will have standard pricing (see above).