Product Information
Instrument Name
Ripple ($) CFD
Spreads
0.6 Points
Margin
| Quantity | Margin |
| 0 - 98420000 | 25.00 % |
| 98420000 - 442860000 | 50.00 % |
| 442860000 + | 100.00 % |
Trading Hours
24 hours/day*
The Ripple cryptocurrency has been embraced by many banks and other financial institutions as a means of facilitating cross-border payments. A Ripple coin trade can be carried out using a cryptocurrency platform, but Ripple / USD can also be traded using a Ripple CFD. A Ripple CFD lets traders take advantage of live Ripple prices, without being dependent on the varying time frames it takes to execute a Ripple coin trade. This can be important because Ripple, like other cryptocurrencies, is subject to quick price changes caused by Ripple-based news and more general sentiment affecting the global cryptocurrency market.
Why trade Cryptocurrencies?
Go long or short
Go long or short on Cryptocurrencies to profit from rising and falling prices
Higher volatility
Take advantage of Cryptocurrency volatility without owning any
Competitive pricing
Fixed spreads, low margin and competitive financing
Risk management tools
Protect your profits from volatility with stops and limits
Range of markets
Go long or short to take advantage of volatility in a wide range of Cryptos
Leverage your postion
Trade Cryptos with a relatively small initial investment