Cryptocurrencies are digital representations of the price of a virtual asset. Technologies with good use-cases are generally more stable and worth more (such as Ethereum), which is generally reflected by a crypto assets market capitalisation. History has seen commodity backed currencies replaced by Forex; it is speculated the cryptocurrencies may be the future form of currency due to benefits such as diversification. Fiat currencies like Euros or US Dollars are considered legal tender by their respective governments, whereas cryptocurrencies are currently unregulated and not backed by governments.
An index is a measurement of the value of a section of the stock market. It is computed from the prices of selected stocks which are grouped together to form the index.
Icon FX is a trade name of Icon Tech LLC, a limited company registered in Saint Vincent and Grenadines. Registered as ICON TECH LLC 1317
Here at Icon FX we want to expand our positive influence beyond the financial sector. That’s why when you trade with Icon FX we commit a portion of our revenue to supporting world-leading projects like Ocean-Bound Plastic Clean-up and Mangrove Tree Planting. See more info here https://verdn.com/
Risk Warning: Trading foreign exchange on margin carries significant risks, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. With the demo account you can test any trading strategies you wish in a risk-free environment. Please bear in mind that the results of the transactions of the practice account are virtual, and do not reflect any real profit or loss or a real trading environment, whereas market conditions may affect both the quotation and execution. A Disclosure Document is available here. Information about our services, including our fees and charges is also available at those sources.