| Online Broker | ICP Trading Platform | Minimum Deposit | About |
|---|---|---|---|
| IronFX | MT4 ICP Trading Platform | $50 Minimum Deposit | IronFX offers trading of Internet Computer Protocol (ICP) CFDs on the MT4 trading platform About |
MT4 ICP CFD Trading At IronFX
CFD provider IronFX offers Internet Computer Protocol (ICP) CFDs on the MetaTrader 4 (MT4) platform. When trading a CFD, the trader does not own any ICP, can go long or short and use leverage.
What is ICP ?
Smart Contracts are a way to run applications on distributed networks of computing machines. Scaling up smart contracts to be competitve with centralised computer systems has presented some issues. Internet Computer Protocol (ICP) is a way to allow smart contracts to be run on distributed systems in a way which aims to be competitive with centralised systems.
Decentralised applications (dApps) are the heart of many blockchain technologies, including Wallets, Web 3, NFTs, DeFi and Web Hosting and ICP has a role in these use cases and more. In essence the ICP is a blockchain which can securely interact with browsers via smart contracts (i.e. distributed programs).
As is typical with blockchain endeavours, there are wider aims for ICP, which is to be part of a future where the world's systems and services are rebuilt into the public blockchain, thus radically altering the concept of IT (the blockchain is itself an automated system, which operates and governs itself without a central authority). Technology development for ICP is organised by the DFINITY Foundation.
| Account Types | Description |
|---|---|
| Live Fixed Spread, Live Floating Spread Account Types | Accounts denominated in the cryptocurrency Bitcoin (and other cryptos) are offered on the Live Fixed and Live Floating Spread Account Types. Thus the trader may trade ICP CFDs in a Bitcoin denominated account, if they wish Description |
What is IronFX's minimum deposit ?
IronFX's minimum deposit is $50 to open a live trading account. IronFX has a range of other account types including a Premium account and a VIP account as well as STP/ECN accounts. IronFX.
What trading platform is available to trade ICP ?
IronFX provides the MetaTrader 4 (MT4) platform. MT4 is a well known third party platform offered by a wide range of CFD brokers. MT4 has tools for technical and fundamental analysis, including a news feed and technical indicators built into the platform. MT4 also allows the trader to run automated trading strategies. On MT4 these are called Expert Advisors (EAs). EAs can be downloaded typically for a fee, but may also be built by the trader in the MQL4 programming langauge.
What other markets does IronFX offer ?
IronFX offers Forex, Indices, Energy, Metals, Soft Commodities, Stocks and Cryptocurrencies CFDs, all on MT4, for a total of 200+.
What other cryptocurrencies does IronFX offer ?
IronFX offers Bitcoin, Ethereum, Litecoin, Ripple, Cardano, Dogecoin, Iota, Polkadot, EOS, Ethereum Classic, Bitcoin Cash, Stellar, Uniswap, Solana, Tron, OmiseGO, Internet Computer Protocol and IOST CFDs. IronFX can also offer trading accounts denominated (the base currency) in Cryptos (but not ICP) and a wide range of fiat currencies. The account type is chosen via the sign-up process and other accounts can be added after sign-up.
