Product Description

Ripple is used as a digital currency but also as a global nearly free payment network known as Ripple Net. It was released in 2012 with the label XRP. Ripple is the second largest cryptocurrency by value since it has a market capitalization of $122.7 Billion as of January 2018.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO PRO
Spreads as low as 0.014 0.014 0.014
Size of 1 lot 1,000 Ripple 1,000 Ripple 1,000 Ripple
Minimum Contract size, lots 1 1 1
Maximum Contract size, lots 20 20 20
Tick value per 1 lot 0.10 USD 0.10 USD 0.10 USD
Volume limitation 20 lots per account 20 lots per account 20 lots per account
Margin requirement 20% 20% 20%
Minimum Price Increment 0.0001 0.0001 0.0001
Limit and Stop Levels 4000.0 4000.0 4000.0
Negative balance protection Yes Yes Yes
Swap free days allowance 0 0 0
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