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Ripple (XRP) Brokers

 

 

Ripple (XRP) price rose over 1000% in December 2017 alone, toppling Ethereum and briefly becoming the second-largest cryptocurrency by market cap.  

 

Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. So no wonder it is now used by companies like UBS, American Express and even some banks (UniCredit, CIBC, and Santander) as a payment technology. 

 

Of course, Ripple also enjoys increasing interest from individual traders. Lately, most of them have been wondering where to buy it. One of the options to invest in Ripple is to sign up with a cryptocurrency exchange that supports it – Binance, Kraken, Coinone, Bitstamp, Changelly, to name a few.

 

Besides, you can trade in Ripple with forex brokers that offer it. Although this option differs significantly from the offering of crypto-exchanges, trading in XRP (or any other coin) with a forex broker has some advantages, especially if the company behind it is licensed by a reputable agency. First of all, you don’t have  to mess about with digital wallets, long alphanumeric addresses and confusing interfaces. 

 

Second, most of these brokers are overseen by their local financial governmental authorities, which means they are adhering to the applicable rules and regulations, and that your money is safe with them. On the other hand, the majority of crypto-exchanges have no official legal status in most countries yet.

 

Below, you can find a list of forex brokers offering Ripple trading. All of them also support Bitcoin and some have also included other altcoins in their product portfolio. 

 

Ripple (XRP) Brokers

Broker Country Regulation Platforms Min.deposit Review
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Australia, Singapore FCA, ASIC, MAS, BaFin MT4, Web,
ProRealTime,
2Dealer
$0 Review Website
Cyprus, UK CySEC, FCA eToro
WebTrader,
eToro OpenBook
$500 Review Website
UK, Cyprus, Australia FCA, CySEC, ASIC Web, Mobile $100 Review
UK, Australia FCA, ASIC MT4 $250 Review
Ireland, Australia, Japan, South Africa ASIC, Central Bank of Ireland MT4, AvaTrader $100 Review
Seychelles N/A in-house web $250 Review

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