Trade Ripple
Ripple, also known as XRP, is one of the largest cryptocurrencies in the world by market capitalization. Established in 2012, it acts as both a cryptocurrency and a digital payment network for financial transactions. It has significantly faster transaction speeds, lower fees, and uses considerably less energy than other cryptocurrencies. These combining factors have resulted in Ripple becoming one of the most popular altcoins.
Decentralized
Just like other cryptocurrencies, Ripple is decentralized. This means it can’t be controlled by one party, like the government, for example.
Dynamic Price Action
Ripple’s price is entirely driven by supply and demand. This means when demand outweighs supply or vice versa, it can result in significant price swings – presenting ideal trading opportunities.
No Wallet, No Exchange
Trade the price movements of Ripple CFDs without needing to own a digital wallet or deal with exchanges.
XRP/USD
Trade Ripple against the US dollar with excellent trading conditions such as free guaranteed stop loss, no slippage and negative balance protection on easyMarkets platform and app.
Decentralized
Decentralized
Just like other cryptocurrencies, Ripple is decentralized. This means it can’t be controlled by one party, like the government, for example.
Dynamic Price Action
Dynamic Price Action
Ripple’s price is entirely driven by supply and demand. This means when demand outweighs supply or vice versa, it can result in significant price swings – presenting ideal trading opportunities.
No Wallet, No Exchange
No Wallet, No Exchange
Trade the price movements of Ripple CFDs without needing to own a digital wallet or deal with exchanges.
XRP/USD
XRP/USD
Trade Ripple against the US dollar with excellent trading conditions such as free guaranteed stop loss, no slippage and negative balance protection on easyMarkets platform and app.
Trade XRP
Trading Ripple with easyMarkets vs
Buying & Selling
Ripple on an Exchange
Trading Ripple with easyMarkets
Immediately trade – don’t get stuck with Ripple if it drops.
Potentially benefit from both the rise and the fall of Ripple. No need to wait for someone to be on the opposite side of your transaction.
easyMarkets offers unique and exclusive risk management tools.
No need to find a crypto wallet or register on a cryptocurrency exchange. Trade XRP/USD in minutes.
Trade Ripple with a regulated broker established in 2001, with exceptional conditions and customer support.
Buying and Selling Ripple on an Exchange
Wait for a buyer or seller to be on the other side of your transaction.
A drop in its price is a potential opportunity to purchase Ripple. If you are holding Ripple, this will result in a loss.
Risk must be performed manually or on software outside the trading platform.
Researching and finding the right crypto wallet and a creditable exchange can be time consuming.
Cryptocurrency exchanges can be vulnerable to cyberattacks which have cost Ripple traders some or all of their assets.
Trade Ripple with Day Trade & Pending Order
You can trade cryptocurrencies multiple ways with easyMarkets. Choose to trade immediately with Day Trade, or set up a Pending Order and once the rate you set is met, your order will be executed without slippage on easyMarkets app and Web platform.
Some of the tightest fixed spreads in the industry
No slippage
No Hidden, Funding or Commission fees
Free guaranteed stop loss & take profit protect your account against unforeseen price reversals
Spreads and Leverage
Trading Conditions
| Instrument | Spreads From | 1 Contract | PIP Value | MIN Contract | MAX Leverage |
|---|---|---|---|---|---|
| BTC / USD | 85 | 1 Bitcoin | 0.01 USD | 0.01 Bitcoin | 1:400 |
| XRP / USD | 0.006 | 1 Ripple | 0.0001 USD | 500 Ripple | 1:100 |
| ETH / USD | 6 | 1 Ethereum | 0.01 USD | 0.1 Ethereum | 1:400 |
| LTC / USD | 0.9 | 1 Litecoin | 0.01 USD | 0.5 Litecoin | 1:100 |
| BCH / USD | 4 | 1 Bitcoin Cash | 0.01 USD | 0.5 Bitcoin Cash | 1:100 |
| XLM / USD | 0.002 | 1 Stellar | 0.0001 USD | 500 Stellar | 1:100 |
| ADA / USD | 0.007 | 1 Cardano | 0.0001 USD | 50 Cardano | 1:100 |
| ALG / USD | 0.005 | 1 Algorand | 0.0001 USD | 50 Algorand | 1:100 |
| SOL / USD | 1.25 | 1 Solana | 0.01 USD | 1 Solana | 1:100 |
| UNI / USD | 0.15 | 1 Uniswap | 0.01 USD | 5 Uniswap | 1:100 |
| DOT / USD | 0.10 | 1 Polkadot | 0.01 USD | 5 Polkadot | 1:100 |
| LNK / USD | 0.20 | 1 Chainlink | 0.01 USD | 5 Chainlink | 1:100 |
| ZEC / USD | 0.8 | 1 Zcash | 0.01 USD | 2 Zcash | 1:100 |
| OMG / USD | 0.03 | 1 OmiseGO | 0.0001 USD | 40 OmiseGO | 1:100 |
| MTC / USD | 0.01 | 1 Polygon | 0.0001 USD | 200 Polygon | 1:100 |
| DSH / USD | 1 | 1 Dash | 0.01 USD | 1 Dash | 1:100 |
| DOG / USD | 0.0015 | 1 Dogecoin | 0.0001 USD | 1000 Dogecoin | 1:100 |
| XMR / USD | 1.5 | 1 Monero | 0.01 USD | 0.50 Monero | 1:100 |
| CHZ / USD | 0.0030 | 1 Chiliz | 0.0001 USD | 500 Chiliz | 1:100 |
| AVA / USD | 0.45 | 1 Avalanche | 0.01 USD | 2.5 Avalanche | 1:100 |
Cryptocurrencies
November 03 to March 09, 2025 - GMT Time
Asset
easyMarkets Web, App & TradingView Platforms
All Cryptos
24 Hours Available
Except Sunday 07:00 - 10:00 GMT due to maintenance of our systems.
Except Sunday 07:00 - 10:00 GMT due to maintenance of our systems.
Trade Ripple Anywhere, Anyway
Trade multiple ways with easyMarkets including TradingView, MT4, MT5, and easyMarkets award winning native platform or mobile app.
easyMarkets Platform
Efficiently user-friendly, with powerful analytical and risk management tools.
easyMarkets App
Access markets anywhere you have internet access. A full featured platform for iOS and Android.
easyMarkets on TradingView
No slippage on limit orders, Trading from charts, tight fixed spreads and deep market analysis.
easyMarkets MT4 & MT5
The popular Metatrader platforms for experienced traders are available to trade on with easyMarkets.
Trade Ripple FAQs
The greatest benefit of trading Ripple CFDs is that you can trade the asset's price movements without needing to own it. When you trade through an exchange, you’ll need someone to be on the opposite side of the transaction – i.e. if you’re selling, you need to find someone to buy, and when you buy, you need someone to sell at the price you want. CFDs can be a quicker and more convenient option for traders looking to enter the markets.
Leverage is also another major benefit of trading Ripple via a CFD; something that is not an option if you hold the actual asset. Leverage, in essence, is short term credit a broker offers its client to be able to open a larger position. Leverage multiplies movements in both directions, which means it can magnify your potential returns – but also your losses. Using risk management tools like stop loss can help mitigate losses when trading. A standard feature on all easyMarkets accounts is free guaranteed stop loss** that allows you to set the maximum risk you are comfortable with when you are using leverage.
One of the greatest advantages of trading with easyMarkets is the high level of choice. Not only do you have access to Ripple but also to 200+ other instruments to trade. We also offer some of the best trading conditions in the industry that allow you to analyze the markets and manage your risk. Additionally, you can choose to trade on mobile, our user-friendly and innovative web platform and the very popular MT4.
Ripple, or XRP, is a cryptocurrency but unlike Ethereum and Bitcoin – it is actually intended as a payment protocol based on blockchain. One reason that Ripple has garnered so much attention is that it has been adopted by over 100 clients, including mainstream financial services companies such as UBS, RBC, Credit Agricole, Santander, American Express and MoneyGram. Ripple was established in 2012 and claims to have the fastest payments settlements, is the most scalable amongst its crypto-counterparts and has negligible energy consumption.
XRP is the symbol for Ripple on easyMarkets trading platform.
This is entirely dependent on your trading goals and tolerance for risk. For instance, cryptocurrencies like Ripple may not be suitable for a trader with a low-risk appetite due to the significant price swings they can experience. However, it may be suitable for a trader who is comfortable with higher risk and volatility. It’s important before you enter any trade that you thoroughly assess your risk appetite, your level of experience and knowledge, and your trading strategy – this can help you make better trading decisions and mitigate potential losses.
You can trade Ripple the same you would any other CFD instrument. Simply place a ‘buy’ order if you anticipate the price will rise and place a ‘sell’ order if you anticipate the price will fall. It’s important to note that you should always carry out prior research and analysis before opening a position. Visit our Learn Centre if you would like to improve your trading knowledge.
Absolutely! You can trade Ripple and 275+ other CFD instruments with easyMarkets App available on iOS and Android.
You can trade six different cryptocurrencies with easyMarkets, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Stellar, and of course, Ripple.
Ripple is available to trade 24/7* on easyMarkets platform and app.
*Except Sunday 06:00 - 09:00 GMT due to maintenance of our systems.
What our Traders say about easyMarkets
*dealCancellation terms apply.
dealCancellation© is a patent pending under the “Easy Cancellation Option” application number 62334455.
