XRPUSD (Ripple / US Dollar)

XRPUSD (Ripple / US Dollar) Trading on MT5 at XM

At XM we offer XRPUSD (Ripple / US Dollar) as a cash CFD on the MT5 platform. Our cash CFDs are undated transactions that aim to replicate the cash price of the underlying instrument, and so they are adjusted for interest.

Open a Demo Account
Open an MT5 Account

Risk warning: FX and CFD trading involves a high risk of loss.

About XRPUSD (Ripple / US Dollar) Trading

Released in 2012, XRP is the native cryptocurrency of the Ripple currency exchange and remittance network, based on an open-source (i.e. public) Internet protocol and digital ledger. Ripple is a decentralized network, which enables instant and secure transactions of XRP.

Trading Conditions

Margin requirement 20 %
Spreads as low as 0.0038
SymbolsXRPUSD
DescriptionRipple vs US Dollar
Min. Price Fluctuation0.00001
Value of Minimum Price FluctuationUSD 0.01
Value of 1 lot1000 Ripple
Min/Max Trade Size0.3/23
Swap Value in Margin Currency Long-25
Swap Value in Margin Currency Short-10
Limit and Stop Levels**0.001
Total Volume Limit (per client)***357
Volume in LotsMargin (%)Leverage
0-30201:5
30-60301:3 (approx.)
60-90501:2
90+1001:1
For more information about dynamic margin percentage, please click here.
Trading time (server time) 00:00-00:00 (GMT +2)
** Only if Margin Level is over 100%

*** Note that the maximum trading volume for XRPUSD per client is 357 lots. This limit will be reviewed on a daily basis and updated according to the value of Ripple.

If you wish to trade more than 357 lots, please send your request by email to your account manager. Please note, however, that in case you are then allowed to trade more than the limit mentioned above (the value to be determined at the time), your margin will be set to 100%.

How to Start Trading XRPUSD (Ripple / US Dollar)?

Step 1

Open an XM Real Account


Step 2

Download and login to the MT5 platform


Step 3

Double-click on XRPUSD (Ripple / US Dollar) from the “Market Watch” to open an order for this instrument.

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