AVATrade Ripple Broker Review | Trade Ripple with Avatrade
AVATrade Ripple Broker was one of the first ones that was offering Ripple trading. they were not following the trend in the market , they were setting the trend when they added this crypto-Currency to their asset index
AVATrade Ripple Broker |Trade Ripple with Avatrade
is truly a global brokerage. for everyone that has been trading for sometime , you have come across this brand at one time or another, they simply cannot be ignored. it is a trustworthy broker that has earned a solid reputation.
Why trade Ripple with AvaTrade
AvaTrade offers competitive spreads, with no commissions charged on transactions making it more profitable. When trading with AvaTrade you are trading on the price changes of the digital coin, and not physically purchasing it. Trading with AvaTrade ensures that you will trade with a 100% reputable broker. More reasons to trade cryptocurrencies with AvaTrade today are:
- Start trading with as little as $250
- Benefit from a wide range of top traded cryptocurrencies on the market
- Competitive swap rates
- All pairs can be shorted
- Up to 20:1 leverage
- Around the clock service and support in 14 languages
- Live quotes and charts for your reference
- Various trading platforms for all level traders
- Powerful MT4 Platform and AvaTradeGO, the newly linked mobile app
Advantages of Trading Ripple with AvaTrade
Trading Ripple with AvaTrade can be beneficial in ways that regular cryptocurrency exchanges do not offer, such as the following;
- Short selling, also known as “going short”, by shorting an equity or currency of any kind you believe the value will fall. It means that you sell an asset without owning it. There is the hope that its price will fall and you can buy it back for a lower price to make a profit on the trade.
- High leverage, in trading provides a trader the opportunity to trade on much larger amounts than he would have on his own. It is ultimately a loan from the broker to a trader. Leverage can increase profit, however can magnify losses as well.
- Auto trading, known also as robot trading, uses computer software applications to employ trading strategies to buy and sell. These systems can be pre-programmed allowing computers to monitor the market and sales.
- Trade XRP and other cryptocurrencies along with Forex, Commodities and Equities CFDs from a single flexible and powerful trading platform.
When trading with AvaTrade you are speculating on the price changes of the digital coin, and not physically purchasing it.
Ripple Trading conditions when Trading Ripple with Avatrade
|Instrument||Minimum Spread (Pips)||Typical Spread (Pips)||MetaTrader Leverage||MetaTrader Margin||AvaTrade Act Leverage||AvaTrade Act Margin|
|Minimum Nominal Trade Size||Overnight Interest (daily) Sell||Overnight Interest (daily) Buy||Trading Hours (GMT)||Expiration||Exchange||MT4 Symbol|
- BTCUSD, BTCEUR, BTCJPY, BCHUSD, ETHEREUM, XRP(RIPPLE), LITECOIN Mini – Trading is 24/7 for MetaTrader accounts.
- Cryptocurrency spreads can be volatile and depend on current market conditions.
- Margin Requirements on Crypto pairs may increase during periods of volatility and/or during weekend trading.
- Crypto Currency trading is not available on Islamic accounts.
AvaTrade Ripple Broker| goes for the retention of their traders instead of selling their services to whomever wants to use them. What they promise in general they deliver making it one of the more trustworthy partners for those traders that look to stick with a broker for a long period.
this company was established in the middle of 2006 and just had their 10 years anniversary this time they have branched out tremendously and are to be found in pretty much every country around the world where there is an active trading community.
They are neighbors to google as the head office is located in Ireland’s capital of Dublin.
AvaTrade Ripple Broker General Features
This Broker holds a number of trading licenses. This they need in order to be a true global brokerage In Europe, they are regulated by the Central Bank of Ireland, while the rest of their business is mainly covered by Australian ASIC and FSA Japan.
One of the best features AvaTrade Ripple broker offers is their automatic trading package. The package is a part of the trading software. This also gives at the same time the traders access to other services and features. This package was build for traders to get started with the lowest learning curve possible and everything is made so the traders will be able to use the tools easy and fast.
Platforms that AVatrade Ripple Trading offers
They offer a few trading platforms allowing traders from different levels to feel that this broker has their best interest at heart. the platforms are run very professionally and traders are able to take advantage of both if they so require and desire.
This user-friendly platform makes your trading experience intuative simple, enjoyable, and hopefully profitable. With variety of different customizable options, this platform can become really yours, with the settings saved as you would like them to be. This platform is more for the lower volume and beginner traders thou, but that can also because I simply belive that nothing can beat the metatrader 4.
Which is of course their next platform. Metatrader 4 is one of the best known and most used Forex trading platforms to date. It is a great choice for new users and experienced traders alike, offering a lot of options and letting you trade the way you are used to.
Besides these 2 platforms they also offer an auto-trading platforms, the concept is that you rely on the experience and knowledge of other traders and thus for beginners have better chance of making a profit. This is not as social as etoro but it does include Zulutrade and Mirror Trader. The maximum available leverage is 400:1
And then of course there is the mobile applications for all systems that allow people to trade on the go. This had a huge spike a couple of years ago, but people now like to trade more on their desktop. Still a good application for those that do want to open positions when they are away from their station,
If you plan to start trading Ripple tomorrow with this top Ripple broker you have to deposit at least $100, There are couple of deposit methods available, including online e-wallets like Neteller, Skrill, etc., as well as the most common credit and debit cards like Visa and MasterCard.
Most of these options are available for withdrawal as well.
Avatrade offers also an Ava Debit Card which makes taking money out simpler, although it can take still a couple of days before requested funds are made available.
Support and Bonuses
Support is the cornerstone of a company that has succeed to get roots around the world, otherwise it simply not be possible. They are available and sometimes more important knowledgeable.
They a have a good educational department thou for this you don’t have to go through brokers anymore, nothing in the end beats babypips in my opinion
The support is there around the clock, five days a week, and all major languages ( same as the platform) are supported. Regardless of where you are from, there will be a support agent who will be able to understand you and answer your questions in your own language (for the most part, at least).
AvaTrade offers as a registration and first deposit bonus 100% up to $300, For those looking to deposit a larger amount, there is a 25% up to $50,000 AvaTrade bonus.
From all the brokers that I know and have traded with Ava remains one of my favorite now also when they have become a top Ripple broker I will return to them for trying to trade crypto currencies through their platform.
this is a broker that is simply at the top of its game and has found a way to remain there within an enormous competitive market. Besides their package there is no real advantage to this broker and yet we feel that they are apart from the rest. so when you thinking weather you should Trade Ripple with Avatrade, please Note that this is currently one of the better options in the market.
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