IQCent is unregulated forex, CFD, and binary options broker founded in 2017. Wave maker LTD based on the Marshall Islands manages IQCent. One of the unique features of IQCent is that traders can open positions from $0,01.
IQCent
Best ForBinary Options, Forex, CFDs
Recommended ForBinary Options Traders, High Leverage Traders, Small Account Traders
More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
Best ForBinary Options, Forex, CFDs
Recommended ForBinary Options Traders, High Leverage Traders, Small Account Traders
- Trader Level Beginner+
- Binary Options Yes
- Options Fees Low-Average
- Max Leverage 1:500
2,3 / 5
Overall score
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Web trading platform1.6
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Fees4.5
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Mobile App2.2
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Deposit and withdrawal 2.8
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Available assets1.8
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Account opening1.0
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Education and Research 0.7
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Support4.0
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Overall rating2.3
More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
IQCent Trading Platform
IQCent’s trading platform is easy-to-use and aimed at beginners. It features real-time price charts, a trading interface, and technical analysis tools. Users can see the available assets and open a trade via the trading interface. IQCent has a copy trading feature, which users can use to copy professional traders.
IQCent Assets
Traders can trade over 100 assets on IQCent including stocks, crypto, commodities, indices, and forex pairs. Some assets are tradable as CFDs while others as binary options. You can trade 24/7 on IQCent. IQCent doesn’t charge any fees on forex and options trading but they do charge withdrawal fees.
IQCent Account Types
IQCent offers 3 types of trading accounts: bronze, silver, and gold. In the table below you can find minimum deposit and bonus information.
Account Types
| Account Type | Minimum Deposit | Welcome Bonus |
| Bronze | $10 | 20% |
| Silver | $250 | 50% |
| Gold | $1,000 | 100% |
IQCent Deposits and Withdrawals
Users can fund their trading accounts with a credit card, by e-wallet, bank transfer, or with cryptocurrencies like Bitcoin, Ethereum, and other altcoins. The minimum deposit is $20 across all payment methods and IQCent doesn’t charge deposit fees. IQCent charges withdrawal fees of 5% or 20% if you haven’t traded 300% of your balance.
IQCent Trading Contests
IQCent hosts weekly trading tournaments where the top traders can win cash and other prizes like the latest iPhone, AirPods, or Apple Watch.
UAE Investors
IQCent accepts traders and investors from the United Arab Emirates. Note that you have to go through a KYC process to be able to withdraw funds from this binary options broker.
IQCent Review – Our Verdict
Because of the high withdrawal fees, the lack of a free demo account, and IQCent is unregulated, we don’t recommend trading binary options with IQCent. You can read one of our other binary option broker reviews to find a suitable binary options broker for your trading needs.