ATFX doesn’t charge commission on Ripple CFDs trading, and there are no bank fees on transactions, allowing ripple traders to reduce their costs and improve their bottom line.
Trade Ripple CFDs 24 hours a day, five days a week with the ability to open and close positions as you see fit with ATFX, as your preferred Ripple CFD broker.
With Ripple CFDs, you take both long and short positions, allowing you to speculate on both rising and falling prices.
With ATFX you don’t own the actual cryptocurrency, but you still gain exposure to Bitcoin’s price changes, and you only need to have 50% of the position value as margin. This also means that any profits or losses will be magnified and it is important that you understand the risks involved.
Ripple was the undisputed star of the cryptocurrency market in 2017 as it rose by 30,000%. In fact, in December 2017 alone the cryptocurrency surged by over 1,000%.
Released in 2012 as a real-time gross settlement system, Ripple was one of the first cryptocurrencies that had a function apart from being a means of exchange or payment. Similar to Ethereum, Ripple is the name of the cryptocurrency platform, while the transactional protocol is known as XRP, just as Ether is to Ethereum.
What sets Ripple apart from other digital currencies like Bitcoin and Litecoin is that its transfer fees are significantly lower. Also, transfers are almost instantaneous, given that it does not need the usual confirmation time of other cryptocurrencies.
Ripple facilitates the transfer of all types of currency, whether fiat or digital, and the platform can be used for almost any type of exchange, even frequent flier miles!
The Ripple platform has gained huge popularity among traders because some of the biggest names in the financial industry, such as American Express, UBS, Santander, RBC, and Westpac, have shown interest in the project.
With ATFX, you can take advantage of Ripple price movements in a secure and reliable trading environment, with leverage of 1:2, and excellent customer support. As Ripple CFDs are a leveraged product it is important to understand that any profits or losses will be magnified, and you should manage your risk accordingly.
Trading the CFD of Ripple is one way of gaining exposure to this exciting project, without running the risks of having to purchase and store the digital coin yourself, or leaving your coins exposed at exchanges.
Ripple CFDs offer traders the opportunity to speculate on price movements, without owning the underlying digital currency. As you don’t hold the actual coin, you can speculate on rising or falling prices. In comparison to purchasing the underlying cryptocurrencies, CFDs are less hassle and allow for faster settlements.
You will also gain access to our very low Ripple CFD spreads, and can easily set up automated trading strategies to speculate on price movements in this leading cryptocurrency. Trade with complete peace of mind, in a secure environment that has trader interests as its top priority.
Complete the Live Trading Account application form. Once we have verified identity, we will set up your account.
Deposit funds from a credit card, E-Wallet or bank transfer to start trading.
Trade on every device, including PC, Android, iPad and iPhone or via web browser.