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Best Ripple Brokers


Ripple coin (XRP/USD) is one of the top 10 cryptocyrrencies in terms of market capitalization, standing at the 5th place at $ 11.7 billion. It has been notable that Ripple has missed out on the bullish run in the
cryptocurrency market, apart from a sudden surge in November, which was short-lived. This makes makes Ripple a lot less volatile than most major cryptos, therefore a relatively safer financial instrument to
trade. It is crucial, however, to only trade dash with a well-established forex broker. eToro and AvaTrade offer a range of advantages for crypto traders, who would prefer to trade Dash and other
cryptocurrencies. Reliable forex/cryptocurrency brokers offer features which makes trading digital currencies safe and easy and will put you in the best position to trade profitably. Below are some of the
features that most reliable cryptocurrency brokers offer:

  • Superior execution speeds
  • Lowers crypto spreads and spread display
  • A wide cryptocurrency trading range
  • Social crypto trading
  • Cyber safety

Choosing the Best Ripple Broker

Here are some excellent forex brokers who offer contracts for difference (CFDs) on dash and other cryptos:

Top Dash Brokers

Broker
Benefits
Regulation
Min. Deposit
Instruments

eToro logo

  • Trade cryptos 24/7, 365 days a year
  • Copy professional traders’ crypto trades
  • Join a social trading community with over 6 million members
  • Powerful OpenBook social trading platform
  • Wide crypto variety
  • Cross crypto trading
  • Advanced chart with crypto spreads displayed
  • Super fast setup
  • eToro USA LLC does not offer CFDs
CySec FCA
$200
Bitcoin (BTC), Ether/Ethereum (ETH), Ethereum Classic(ETC), Litecoin (LTC), Dash (DASH), Ripple (XRP), EOS, Tether
Open an eToro Account Now!

67% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you can afford to take the high risk of losing your money.
Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection.

logo

  • 2:1 and 25:1 leverage on Ether (EU/non-EU)
  • A wide variety of cryptocurrencies
  • Lower spreads for cryptocurrencies
  • Crytpo autochartist (award-winning technical analysis tool)
  • Comprehensive crypto trading education
  • Fast transactions
  • SSL secured online trading platform
  • AvaSocial
EU – MiFID (by CBI) Australia – ASIC Japan (FSA) BVI South Africa (FSB)
$100
Bitcoin (BTC), Ether/Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), BTC/EUR, Ripple (XRP), Dash (DASH)
Open an Avatrade Account Now!

Why Trade Ripple?

The price of Ripple (XRP) has been stagnant during most of 2020, trading sideways, while the cryptocurrency market was surging. it increased in November 2020, quadrupling in size, bringing some
decent profit to buyers, but it reversed back down and continues to trade in a tight range. While the profits might not have been like in other digital currencies during the bullish run, the risk has also been lower and
trading opportunities haven’t misses for more conservative crypto traders. Ripple trading offers the following advantages:

  • Predictable price range
  • Lower volatility than most major cryptos
  • One of the most liquid cryptocurrencies
  • A good way to diversify investment portfolios
  • Traded even when most other markets are closed – 24/7, 365 days a year
  • Acts partially as a safe haven asset

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.