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Best Ripple Brokers

Ripple, the third largest cryptocurrency (by market capitalization), is an incredible instrument to trade. However, it is crucial to only trade Ripple (XRP) with a dependable forex broker. The following advantages of well-established forex brokers will give you the edge when trading Ripple:

  • Deep liquidity pools
  • Regulated and fair dealing
  • Easy account opening, deposits, and withdrawals
  • Various order types
  • Dedicated customer support
  • Infrastructure redundancy – hardware, software, and connectivity
  • Superior execution speeds
  • Robust and proven trading platforms
  • Reliable and smart order execution

Choosing the Right Ripple Broker

Ready to give Ripple (XRP) trading a go? Here are some excellent brokers to choose from:

Top Ripple Brokers

Broker
Benefits
Regulation
Min. Deposit
Instruments

logo

  • Zero commission and no withdrawal fees
  • No deposit required
  • Numerous trading tools
  • Free trading webinars
  • Speedy trade execution
CySec FSB
No deposit required
Bitcoin (BTC/USD) Dash (DASH/USD) Ethereum (ETH/USD) Litecoin (LTC) Bitcoin Cash Ethereum Classic (ETC)

eToro logo

  • Unique OpenBook social trading platform
  • Trade cryptos 24/7, 365 days a year
  • Copy professional traders’ crypto trades
  • Trade cryptos with 1:1 leverage
CySec FCA NFA
$200
Bitcoin (BTC) Ether/Ethereum (ETH) Ethereum Classic(ETC) Litecoin (LTC) Dash
  • Quick account setup

logo

  • Positions stay open overnight and over weekends
  • 5:1 leverage on litecoin
  • Use MetaTrader4 or AvaTradeAct
  • Use Autochartist (award-winning technical analysis tool)
EU – MiFID (by CBI) Australia – ASIC Japan (FSA) BVI South Africa (FSB)
$100
Bitcoin (BTC) Ether/Ethereum (ETH) Ethereum Classic(ETC) Litecoin (LTC) Dash BTC/EUR

Why Trade Ripple (XRP)?

The price of Ripple (XRP) has surpassed the highest expectations, growing exponentially in a really short time. Besides yielding unheard-of returns, trading Ripple offers the following advantages:

  • One of the world’s most liquid cryptocurrencies
  • Traded around the clock, 365 days a year
  • A good way to diversify investment portfolios
  • Great potential as a valuable safe haven asset and hedge against the failure of fiat currencies, governments, and central banks
  • The third largest market capitalization among cryptocurrencies

How to Trade Ripple (XRP) – A Swift Guide

Ripple is traded on the above-mentioned forex brokers’ trading platforms with contracts for difference (CFDs). It’s just as easy as trading other financial instruments like commodities, stocks, and forex currency pairs. When trading Ripple, you can use take profit, stop loss and any of the different entry orders offered by these reliable brokers.

A safe way to trade ripple is with low leverage or no leverage at all. Buy-and-hold trading strategies have yielded amazing results trading ripple. Of course, short-term trading strategies like trading the price action can also be successfully implemented on this unique and powerful cryptocurrency.