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Established in 1974
Over 195,000 clients worldwide
Over 15,000 markets

Ripple (USD)

(XRP=)

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CFD: Standard

Details for Ripple (USD) Standard

Dealing
Minimum size 0.05 Contract(s)
Contract size per pip XRP 100
One pip means 0.01
Value of one pip USD 1 (SGD 1.37)
Margin 25%
Minimum stop distance 2
Min guaranteed stop distance 10.0%
Slippage factor 100.0%
Margin requirements

Your aggregate position in this market will be margined in the following tiers:

Tier Position size (Contract(s)) Margin
1 0 - 2175 25%
2 2175 - 4350 40%
3 4350 - 8700 75%
4 8700 + 100%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

Special info

[Products based on Bitcoins are currently NOT regulated in Singapore., No escalation of complaints to MAS or FIDReC permitted. Be fully aware of the risks before trading.]

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Why trade with IG?

  • Free live prices, data

    Plus news and opinion from our expert analysts

  • Over 15,000 global markets

    With trading opportunities 24 hours a day

  • Desktop, mobile, tablet

    Seamless functionality with our multi-device platform

  • Spreads from 0.1 points

    Plus tiered margining for even better value

  • MT4 platform

    Superior execution with no third-party bridges

  • Advanced charting

    100+ technical indicators and automated trading with ProRealTime

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It's free to open an account takes less than five minutes, and there's no obligation to fund or trade.

 

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Other positions taken by clients trading this market

Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.

Ether (USD)
Litecoin (USD)
Bitcoin (USD)
Bitcoin Cash (USD)

This is calculated to the nearest 1%.

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  • Our charges

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Clients: +65 6390 5118

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All forms of investments carry risks. Such investments may not be suitable for everyone and can result in losses that exceed deposits, so please ensure that you fully understand the risks and costs involved by reading the  Risk Disclosure Statement. 

IG provides an execution-only service. The information herein does not take into account the specific objectives, financial situation or particular needs of any person. Where in doubt, you should seek advice from an independent financial adviser regarding the suitability of the investment, under a  separate engagement, as you deem fit.  

IG Asia Pte Ltd (Co. Reg. No. 200510021K) holds a capital markets services licence from the Monetary Authority of Singapore for dealing in securities and leveraged foreign exchange trading and is an exempt financial adviser. It is also licensed by Enterprise Singapore to trade CFDs on commodities. 

The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

1 Based on revenue excluding FX (published financial statements, February 2018).

2 Awarded the best forex provider in Singapore by the Global Brands Magazine in 2016

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