Best Ripple Brokers Exchanges 2025

Contributor Image
Written By
Contributor Image
Written By
Jemma Grist
Jemma is a writer, editor and fact-checker focused on retail trading and investing. Jemma brings a unique perspective to the forex, stock, and cryptocurrency markets and works across several investment websites as a researcher and broker analyst.
Contributor Image
Edited By
Contributor Image
Edited By
Michael MacKenzie
Michael is a writer and editor with over a decade in journalism and publishing. His niche lies in editing and fact-checking content in the financial services sector, with a focus on online brokers and trading platforms. Michael previously reported on politics and economics in the Middle East and edits books for established publishers.
Contributor Image
Fact Checked By
Contributor Image
Fact Checked By
William Berg
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
Updated

Ripple brokers and exchanges allow you to trade XRP by either buying the token directly or speculating on its price through derivatives. Dig into DayTrading.com’s pick of the best brokers and exchanges for trading Ripple, revealing high-trust, low-cost platforms with excellent tools.

Top 6 Ripple Brokers & Exchanges 2025

After testing 226 platforms, we’ve identified the 6 best options for secure XRP trading :

Why Are These Brokers the Best for Trading XRP?

Here’s a quick summary of why we believe these platforms lead the way for Ripple (XRP) trading:

  1. Interactive Brokers is the best XRP broker in 2025 - IBKR lets you purchase and hold Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at competitive commission rates and without needing a crypto wallet. Additionally, there is a range of other diverse assets to explore, such as crypto indices like the NYSE Bitcoin Index, as well as futures contracts like the BAKKT Bitcoin Futures.
  2. FOREX.com - You can trade a small range of 8+ cryptos against USD, EUR, GBP and AUD with tight spreads and no virtual wallet required. Algo traders can also utilize Expert Advisors (EAs) to automate their crypto trades.
  3. UnitedPips - UnitedPips offers trading on four leading cryptos (Bitcoin, Ethereu, Litecoin, and Ripple) with high leverage up to 1:5. It also supports deposits and withdrawals in cryptos making it convenient for serious crypto enthusiasts.
  4. RedMars - RedMars offers 13 crypto CFDs, including the popular BTC/USD, ETH/USD, and LTC/USD. However, there's no option to buy the underlying cryptocurrency. As a comparison, eToro allows the underlying purchase of 44 cryptocurrencies with copy trading on digital currencies also supported.
  5. IQCent - IQCent offers 17 crypto pairs through its proprietary terminal, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is capped at 1:10, whilst binary options payouts vary by token but remain competitive. OTC assets, for example, pay out up to 95%.
  6. Capitalcore - Capitalcore allows traders to speculate on the price movements of just five cryptocurrencies through CFDs. Popular options like Bitcoin (BTC/USD), Ethereum (ETH/USD), and Litecoin (LTC/USD) are available. However, unlike competitors like eToro, you cannot purchase the underlying crypto directly.

Compare the Top XRP Brokers and Exchanges Across Key Features

Find the best XRP trading platform for your needs by comparing critical features valued by active Ripple traders:

Compare the Top XRP Brokers and Exchanges Across Key Features
Broker XRP Margin Trading Payment Methods Regulators
Interactive Brokers ACH Transfer, Automated Customer Account Transfer Service, Cheque, Debit Card, TransferWise, Wire Transfer FCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
FOREX.com ACH Transfer, Credit Card, Debit Card, Mastercard, Neteller, Skrill, Visa, Wire Transfer NFA, CFTC
UnitedPips Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, PayPal, Perfect Money IFSA
RedMars Bitcoin Payments, Credit Card, Debit Card, FasaPay, Klarna, Mastercard, Neteller, PayPal, Skrill, Sticpay, Trustly, Visa, Wire Transfer CySEC, AFM
IQCent Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, Visa, Wire Transfer IFMRRC
Capitalcore Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Mastercard, PayPal, Perfect Money, Visa IFSA

How Safe Are These XRP Trading Platforms?

Security matters - especially in crypto. See how the top XRP brokers protect user funds:

How Safe Are These XRP Trading Platforms?
Broker Trust Rating Guaranteed Stop Loss Negative Balance Protection Segregated Accounts
Interactive Brokers 4.5
FOREX.com 4.9
UnitedPips 2
RedMars 3.3
IQCent 2.5
Capitalcore 3.3

Compare XRP Mobile Trading Platforms

We tested mobile apps for speed, reliability, and features - here’s how the best XRP brokers performed on mobile:

Compare XRP Mobile Trading Platforms
Broker Mobile Apps iOS Rating Android Rating Smart Watch App
Interactive Brokers iOS & Android 4.3 4.5
FOREX.com iOS & Android 3.6 3.8
UnitedPips Web Access Only 3 3
RedMars iOS & Android 4.7 4.6
IQCent iOS & Android 4.3 4.1
Capitalcore Android, Webtrader 3 3

Are These Top XRP Brokers Beginner-Friendly?

If you’re new to Ripple trading, here's how these brokers offer intuitive tools and educational resources to help you get started:

Are These Top XRP Brokers Beginner-Friendly?
Broker Demo Account Minimum Deposit Minimum Trade Education Rating Support Rating
Interactive Brokers $0 $100 4.3 3
FOREX.com $100 0.01 Lots 4.5 4.3
UnitedPips $10 0.01 Lots 2.5 3.5
RedMars €250 0.01 Lots 3 4
IQCent $250 $0.01 2 2.5
Capitalcore $10 0.01 Lots 3.5 3.5

Are These XRP Brokers Suitable for Experienced Traders?

Advanced XRP traders demand more - see which platforms offer the tools, analytics, and speed needed for a serious edge:

Are These XRP Brokers Suitable for Experienced Traders?
Broker Automated Trading VPS AI Pro Account Leverage Low Latency Extended Hours
Interactive Brokers Capitalise.ai & TWS API 1:50
FOREX.com Expert Advisors (EAs) on MetaTrader 1:50
UnitedPips - 1:1000
RedMars Expert Advisors (EAs) on MetaTrader 1:30 (Retail), 1:500 (Pro)
IQCent 1:500
Capitalcore - 1:2000

Compare Ratings of the Top XRP Brokers and Exchanges

See how each XRP trading platform scored in essential categories based on our expert-led evaluation:

Compare Ratings of the Top XRP Brokers and Exchanges
Broker Trust Platforms Assets Mobile Fees Accounts Research Education Support
Interactive Brokers 4.5 3.3 4.7 4.4 4.3 3.5 4.4 4.3 3
FOREX.com 4.9 4.6 4.3 3.7 4.6 4 4.8 4.5 4.3
UnitedPips 2 3.5 3 3 3.8 3.5 2.8 2.5 3.5
RedMars 3.3 3.8 3.8 4.7 3.5 3.5 2.8 3 4
IQCent 2.5 3.8 2.6 4.2 4.3 3.3 3 2 2.5
Capitalcore 3.3 3.8 3.8 3 3 3.8 2.5 3.5 3.5

How Popular Are These XRP Brokers?

Find out which XRP brokers and exchanges have built the biggest followings:

Why Trade Ripple (XRP) with Interactive Brokers?

"Interactive Brokers is one of the best brokers for advanced day traders, providing powerful charting platforms, real-time data, and customizable layouts, notably through the new IBKR Desktop application. Its superb pricing and advanced order options also make it highly attractive for day traders, while its diverse range of equities is still among the best in the industry."

Christian Harris Christian Harris, Reviewer

Interactive Brokers Quick Facts

CoinsBTC, LTC, ETH, XRP
Crypto MiningNo
Auto Market MakerNo
Crypto Spread0.12%-0.18%
Crypto LendingNo
Crypto StakingNo
PlatformsTrader Workstation (TWS), IBKR Desktop, GlobalTrader, Mobile, Client Portal, AlgoTrader, OmniTrader, TradingView, eSignal, TradingCentral, ProRealTime, Quantower
Minimum Deposit$0
RegulatorFCA, SEC, FINRA, CFTC, CBI, CIRO, SFC, MAS, MNB, FINMA, AFM
Account CurrenciesUSD, EUR, GBP, CAD, AUD, INR, JPY, SEK, NOK, DKK, CHF, AED, HUF

Pros

  • IBKR continues to deliver unmatched access to global stocks with tens of thousands of equities available from 100+ market centres in 24 countries, most recently the Saudi Stock Exchange.
  • Interactive Brokers has launched ForecastTrader, a unique, zero-commission product where users can trade yes/no Forecast Contracts on political, economic, and climate events, with fixed $1 payouts per contract, 24/6 market access, and 3.83% APY on held positions.
  • Interactive Brokers has been named Best US Broker for 2025 by DayTrading.com, recognizing its long-standing commitment to US traders, ultra-low margin rates, and global market access at minimal cost.

Cons

  • IBKR provides a wide range of research tools, but their distribution across trading platforms and the web-based 'Account Management' page lacks consistency, leading to a confusing user experience.
  • Support can be slow and frustrating based on tests, so you might find it challenging to reach customer service representatives promptly or encounter delays in resolving issues.
  • You can only have one active session per account, so you can’t have your desktop program and mobile app running simultaneously, making for a sometimes frustrating trading experience.

Why Trade Ripple (XRP) with FOREX.com?

"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."

Christian Harris Christian Harris, Reviewer

FOREX.com Quick Facts

Bonus OfferVIP status with up to 10k+ in rebates - T&Cs apply.
CoinsBTC, BCH, ETH, LTC, XRP
Crypto MiningNo
Auto Market MakerNo
Crypto SpreadBTC 1.4%, ETH 2%
Crypto LendingNo
Crypto StakingNo
PlatformsWebTrader, Mobile, MT4, MT5, TradingView
Minimum Deposit$100
RegulatorNFA, CFTC
Account CurrenciesUSD, EUR, GBP, CAD, AUD, JPY, CHF, PLN

Pros

  • The in-house Web Trader continues to shine as one of the best-designed platforms for aspiring day traders with a slick design and over 80 technical indicators for market analysis.
  • There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
  • FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.

Cons

  • FOREX.com's MT4 platform offers approximately 600 instruments, significantly fewer than the over 5,500 available on its non-MetaTrader platforms.
  • There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
  • Funding options are limited compared to leading alternatives like IC Markets and don’t include many popular e-wallets, notably UnionPay and POLi.

Why Trade Ripple (XRP) with UnitedPips?

"UnitedPips is ideal for traders seeking leveraged trading opportunities, the security of fixed spreads, and the flexibility to deposit, withdraw, and trade cryptocurrencies - all in one sleek TradingView-powered platform."

Christian Harris Christian Harris, Reviewer

UnitedPips Quick Facts

Bonus Offer40% Deposit Bonus
CoinsBTC, ETH, LTC, XRP
Crypto MiningNo
Auto Market MakerNo
Crypto Spread500
Crypto LendingNo
Crypto StakingNo
PlatformsUniTrader
Minimum Deposit$10
RegulatorIFSA
Account CurrenciesUSD

Pros

  • UnitedPips’ platform performs well, with an intuitive design that will appeal to beginners, while the TradingView integration delivers powerful charting tools without overwhelming users, making it straightforward to execute trades efficiently.
  • UnitedPips offers impressive leverage up to 1:1000 with zero swap fees or commissions, which can enhance potential returns for day traders and swing traders looking to control prominent positions with less capital.
  • Although being handed off mid-chat due to shift changes during testing was frustrating, customer support is generally good with quick, helpful responses, and 24/7 support via phone and email for regional teams is a definite advantage.

Cons

  • Unlike brokers such as IG, UnitedPips is an offshore broker not regulated by any 'green tier' financial authorities, raising concerns for traders seeking assurance and protection under well-established regulatory frameworks.
  • UnitedPips' selection of tradable instruments is still minimal, comprising a bare minimum selection of forex, metals and crypto. There are no equities, indices or ETFs, which may be a drawback for experienced traders looking for diverse opportunities.
  • UnitedPips lacks comprehensive research, while the educational content for beginner traders is woeful. Compared to brokers like eToro, which offers tutorials, webinars, and advanced courses, UnitedPips offers minimal resources to help new traders understand key concepts.

Why Trade Ripple (XRP) with RedMars?

"RedMars is the best fit for experienced day traders familiar with the MetaTrader 5 platform and based in the EU, where the broker is authorized by the CySEC. However, the threadbare education and research tools make it unsuitable for beginners."

Christian Harris Christian Harris, Reviewer

RedMars Quick Facts

CoinsBTC, ETH, LTC, XRP, XLM, DOT, ZEC, XMR, QTM, NEO, EOS, BCH, DSH
Crypto MiningNo
Auto Market MakerNo
Crypto Spread65
Crypto LendingNo
Crypto StakingNo
PlatformsMT5
Minimum Deposit€250
RegulatorCySEC, AFM
Account CurrenciesUSD, EUR

Pros

  • The broker supports a range of flexible payment methods, including wire transfers, credit cards, e-wallets, and notably cryptocurrencies
  • RedMars offers one of the best platforms for day trading, MT5, hosting 21 timeframes, dozens of analytical tools, flexible templates and algo trading
  • Getting started on RedMars is incredibly easy - you can be up and running in just a few minutes based on tests

Cons

  • RedMars falls short for newer traders, with little in the way of education, no beginner-friendly platform, a steep minimum deposit, and inadequate support during testing
  • The no-frills trading environment offers little beyond the basics, with no Islamic account, PAMM account or copy trading.
  • With just 300 instruments, RedMars offers a narrow trading environment, particularly compared to category leaders like BlackBull Markets which offers 26,000 assets

Why Trade Ripple (XRP) with IQCent?

"IQCent will appeal to day traders looking for a straightforward binary options and CFD trading platform with low fees, a range of accounts, and copy trading. Getting started takes less than 1 minute and a $250 deposit. "

Jemma Grist Jemma Grist, Reviewer

IQCent Quick Facts

Bonus Offer20% to 200% Deposit Bonus
CoinsBTC, ETH, LTC, ETC, DOGE, MATIC, QNT, SOL, XRP, USDT, XMR, BNB
Crypto MiningNo
Auto Market MakerNo
Crypto SpreadVariable
Crypto LendingNo
Crypto StakingNo
PlatformsOnline Platform, TradingView
Minimum Deposit$250
RegulatorIFMRRC
Account CurrenciesUSD, EUR

Pros

  • CFD trading fees are competitive based on tests, including 0.7 pips on major forex pairs such as EUR/USD
  • IQCent is one of the few binary options brokers that also offers a copy trading service for hands-off traders
  • There's an accessible $0.01 minimum stake for new day traders with a small budget

Cons

  • IQCent trails binary brokers like Quotex with its narrow investment offering of around 175 assets with limited stocks
  • The market analysis is very basic with limited technical summaries and insights from analysts
  • The broker is not overseen by a respected regulator, though this is common among binary options firms

Why Trade Ripple (XRP) with Capitalcore?

"The major selling points of Capitalcore are its high leverage options up to 1:2000 and zero commission or swap fees. However, its weak regulatory oversight from the IFSA and non-existent education place it far behind the top brokers."

Christian Harris Christian Harris, Reviewer

Capitalcore Quick Facts

Bonus Offer40% Deposit Bonus up to $2,500
CoinsBTC, ETH, BCH, XRP, LTC
Crypto MiningNo
Auto Market MakerNo
Crypto Spread$45
Crypto LendingNo
Crypto StakingNo
PlatformsWebTrader, Pro
Minimum Deposit$10
RegulatorIFSA
Account CurrenciesUSD

Pros

  • Capitalcore has added binary options trading on 30+ currency pairs, metals and crypto with one-click trading and payouts up to 95%.
  • The Capitalcore platform provides comprehensive charting tools and a wide range of 150+ technical indicators, ideal for detailed market analysis.
  • The support team are available 24/7 and responded within minutes during testing with helpful responses.

Cons

  • Capitalcore’s threadbare education and research seriously trail category leaders like IG, making it less suitable for aspiring traders.
  • Platform support is limited to proprietary software, so there's no integration with the market-leading MetaTrader or cTrader, which offer built-in economic news and support automated trading.
  • Capitalcore is not regulated by major financial authorities and has an unproven reputation, raising concerns about the safety of client funds.

How DayTrading.com Chose The Top XRP Brokers And Exchanges

We ranked Ripple (XRP) brokers and exchanges using overall ratings informed by over 200 metrics across eight core categories.

Hands-on platform tests were also conducted by our team, including traders who actively hold XRP in their own portfolios, ensuring practical, real-world relevance.

DayTrading.com Testing Methodology Snapshot

Broker Or Exchange?

The largest volume of crypto transactions, including for XRP, takes place on dedicated crypto exchanges like Binance, Kraken and BitMEX.

However, as the regulatory environment for cryptocurrencies developed, crypto brokers have also become commonplace.

From our standpoint, the most important difference between a Ripple exchange and a broker is that reputable regulators do not tend to licence exchanges as they do brokers.

This means that exchanges are not always obliged to meet the stringent criteria needed to obtain a licence from a regulator on our ‘green-tier’ list, such as the UK’s Financial Conduct Authority (FCA), and will not be obliged to regularly report activities to maintain a licence.

Traders on an exchange will also miss out on protections that must be provided to clients of brokers, such as the £85,000 indemnity cover available in the UK from FCA-regulated brokers.

Of course, there are some benefits to trading with an exchange – the range of crypto assets is usually higher, with more tokens paired with Ripple; the spreads might be slightly narrower; and you will not be constrained by regulatory rules like leverage caps.

But generally we opt for the more secure XRP brokers and suggest all but the most experienced crypto day traders to do the same.

How To Choose A Ripple Provider

These are the critical areas to consider when choosing an XRP trading provider:

Trust

Always take the time to ensure the broker or exchange you deal with is reputable and above board – this is the most important step you can take to protect your hard-earned cash.

Ripple’s own CTO, David Schwartz, has warned of the potential for crypto scams built on the XRPL network, illustrating the added risk of day trading crypto tokens like XRP.

This is why we always use the following steps to assess the reliability of a broker or exchange as a priority in our reviews:

  • We thoroughly assess cover by regulators and other third-party organizations. For a broker, this involves identifying which regulators have granted licences and checking that all of these are up to date. For an exchange, we might check for third-party auditing and specific registrations (such as a Money Services Business registration in the US).
  • We prioritize brokers and exchanges that have been in the business serving large client bases for a long time.
  • We form our opinion about the broker by personally testing its products.

There are also some red flags we look out for when assessing whether a Ripple exchange or broker is reliable:

  • We check the track record of Ripple brokers and exchanges to find and rule out any that have been involved in fraudulent or unscrupulous activity.
  • We read through the firm’s website and promos to look for poorly spelt and ungrammatical material – in our experience, sure signs of an unprofessional if not openly fraudulent company.
  • We carefully check the URL of a site to ensure it is not a clone of a legitimate firm.
  • We instantly rule out any broker or exchange that approaches us via social media, or that advertises unrealistic or guaranteed returns on investment.
💡
If you have any doubts about a Ripple broker or exchange, check our reviews. Our Regulation & Trust rating is designed to provide an objective measure or reliability, and we vet all links to ensure they lead to legit websites.

Trading Vehicles

Whether you buy and sell XRP directly or speculate on price movements through a crypto derivative, the trading vehicle makes a huge different to your trading style so choose wisely.

We’ve found that XRP day trading often relies on derivatives such as crypto CFDs as these can be used to make long or short plays with leverage.

💡
In some jurisdictions, regulatory restrictions bar licensed brokers from offering CFDs or leveraged trading on cryptocurrencies. Some traders use exchanges or offshore brokers to access leveraged XRP derivatives in these countries, but note that XRP is a volatile asset already, and price swings can already be extreme even before any leverage is introduced.
  • FXCC‘s XRP/USD CFDs continue to be an enticing way to speculate on Ripple, allowing both long and short plays with leverage of 1:5 – more than enough to take advantage of this volatile instrument’s price swings.

Charting Platforms

You should choose a provider with a platform that allows you to easily research markets and read Ripple charts.

Many experienced traders prefer the tried and tested MetaTrader 4 and MetaTrader 5 platforms, as these are available from the largest range of brokers and come with a good range of indicators and support for algorithmic trading.

Newer platforms like TradingView have gained traction among our team and other XRP traders, as they improve the user experience with the increased number of integrated tools and social-trading features.

Finally, proprietary platforms are commonly offered by exchanges and some brokers, and are sometimes custom-built to suit the available assets.

Ripple chart on TradingView
FOREX.com’s Ripple/USD chart on TradingView
  • FOREX.com still tops our Ripple broker charts for its platform options, which include MT4, MT5 and TradingView as well as a proprietary Web Trader. These are supplemented by news and data feeds as well as tools such as Trading Central, making for a comprehensive suite with the power to take your XRP trades up a level.

Pricing

We’ve found that pricing is paramount for day traders choosing a Ripple broker or exchange, as short-term trading quickly racks up fees.

In our experience, brokers and exchanges generally build their fees into the price of trading through a spread – the difference in price between buying and selling an XRP token.

We’ve also found that exchanges use pricing models based on ‘maker’ and ‘taker’ fees – that is, fees levied on the spread of market makers who add liquidity through limit orders, and takers whose market orders are executed immediately.

Maker fees are usually cheaper than taker fees, and many exchanges offer discounted rates for high-volume traders.

When it comes to pricing, I’ve found that exchanges usually beat out crypto brokers since they usually operate as peer-to-peer networks, whereas brokers are intermediaries. However, you have to weigh that against the additional services and added reliability provided by brokers, and I’m usually happy to trade XRP with the latter.
author image
Jemma Grist
Author
  • IC Markets consistently beats out other Ripple brokers when it comes to pricing, with no commission charged on its crypto CFD trades and transparent pricing on its website, which quotes its minimum and average spreads, both of which are in our experience among the lowest on the market.
Crypto price chart from IC Markets including XRP/USD
Crypto price chart from IC Markets

Execution Quality

You should choose an XRP provider with high execution quality because you’ll need fast execution with minimal slippage to make the most of your Ripple day trades.

In our experience, execution speeds below 100ms can be considered fast, though some Ripple brokers achieve average speeds that are significantly faster.

Some brokers also provide guarantees against requotes, ensuring that your order will go through at the quoted price.

  • Our experts rate FxPro as one of the best Ripple brokers for execution quality due to its consistently fast execution – often under 13 milliseconds – with minimal slippage and a no requotes policy.

Account Options

Fast and low-cost deposits and withdrawals are an under-appreciated feature of a good broker, but we place a high value on this.

It’s incredibly frustrating to miss out on a golden trading opportunity because trading funds don’t reach your account on time, or to see your profits melt away in withdrawal charges or other non-trading fees, so you should pay attention, too.

Other important account options to look out for include crypto deposits – a big plus for Ripple traders – and the provision of swap-free accounts for Islamic traders.

  • As a binary options broker, IQCent provides a less usual way to trade XRP with some great account options including welcome and deposit bonuses, a cashback system, free rollovers and free deposits and withdrawals for diverse payment methods including crypto tokens.

Bottom Line

Ripple brokers enable traders to speculate on the price of XRP, a unique altcoin that acts as a bridge, complementing other currencies.

Reviewing the features and account types offered by each broker will ensure you get the best deal on XRP.

To get started, see our pick of the top XRP trading platforms.

Article Sources

The writing and editorial team at DayTrading.com use credible sources to support their work. These include government agencies, white papers, research institutes, and engagement with industry professionals. Content is written free from bias and is fact-checked where appropriate. Learn more about why you can trust DayTrading.com