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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 River fees for both buy and sell orders is listed below.

Order Size

River Fee

Less than $250,000.01

1.20%

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

1.00%

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

0.90%

More than $5,000,000

0.80%

All recurring buy orders

0.00%

Recurring Buy Orders

Recurring buy orders will have zero fees starting seven days after the order is set up. For a daily or hourly recurring order, the 8th day 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).