Advantages to trade Ripple CFDs with ATFX
Like Forex trading, ATFX offers zero commission on Ripple CFDs trading. And zero bank fees charged on transactions make trading with ATFX, a Ripple broker far more profitable.
Trading Open 24/5
Trade Ripple CFDs 24 hours a day, 5 days a week with the convenience to open and close positions as you see fit with ATFX, a Ripple broker.
Go Long as Well as Short
With Ripple CFDs you can buy or sell by going long or going short.
Ease of Zero Commissions Transaction by CFDs
No need to own actual cryptocurrencies, trade the price with Ripple CFDs with your favorite Ripple Broker, ATFX.
|Minimum Lots Size||0.1
|Maximum Lots Size||10|
|Minimum Spread Value per Lot||10 USD|
|Initial Margin (Floating)||17.68 USD|
|Contract Value / Lot||88.38 USD|
|Trading Session Starts*||01:00:00 (Monday)
|Trading Session Closes*||23:00:00 (Friday)
The time zone on the trading platform is set to GMT+2 during Normal Time or GMT+3 during Daylight Saving Time (Greenwich Mean Time). For Quotes and Trade sessions, please refer to the product specifications on platforms for details.
- Swap rates are subjected to periodic adjustments; please refer to product specifications on the MT4 trading platform for more information.
- Min. Spread: The spread varies subject to market volatility.
- Trading Hours: All stated trading times are in GMT+2 during Normal Time or GMT+3 during Daylight Saving Time (Greenwich Mean Time).
What is Ripple CFDs Trading?
Ripple was the undisputed star of the cryptocurrency market in 2017, given that it had an ROI of 30,000% for the year. In fact, the cryptocurrency surged over 1,000% in December 2017 alone.
Released in 2012 as a real-time gross settlement system (RTGS), Ripple was the first cryptocurrency 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. In addition, transfers are almost instantaneous, given that it does not need the usual confirmation time that other cryptocurrencies do.
Ripple facilitates the transfer of all types of currency, whether fiat or digital. In fact, this platform can be used for almost any type of exchange, even frequent flier miles!
It has gained huge popularity among traders because its backed by some of the biggest names in the financial industry, such as American Express, UBS, Santander, RBC and Westpac.
Despite the backing of such large banks, XRP continues to be a decentralised token, using independent validating servers and the typical consensus mechanism for transactions.
Ripple is expected to continue to see further acceptance from financial institutions and grow. It has successfully processed over 35 million transactions from the time it was released. It has also proven that it can handle 1,500 transactions per second (tps) and is scalable to handle up to 50,000 tps, as compared to Bitcoin’s 3-6tps and Ethereum’s 15tps.
With ATFX, you can take advantage of Ripple price movements in a safe and reliable trading environment, with leverage of 5:1 and excellent customer support.
Why Trade Ripple CFDs with ATFX?
Wish to gain exposure to the crypto platform that is backed by some of the biggest financial institutions in the world, without having to purchase and store the digital coin? You can do just that, by trading Ripple CFDs (contracts for difference).
Ripple CFDs are very simple trading instruments that offer traders the opportunity to speculate on price movements, without owning the underlying digital currency.
With CFDs, a trader can be nimble and take advantage of price movements whether the market is rising or falling. CFDs are hassle free and allow faster settlements.
With ATFX, you gain access to Ripple CFDs at very low spreads. You can easily set up automated trades for speculating on price movements in this leading cryptocurrency. And, you can trade with complete peace of mind, in a secure environment that puts trader interest as the top priority.