This comparison overview aids individuals that have a hard time to select in between IQCent and RoboForex to discover the very best online broker for their trading and financial investment requirements. It assesses the main features of the two brokers side-by-side to aid customers contrast their service and make a notified decision.
To aid users choose the appropriate broker in between IQCent and RoboForex to discover the best-suited platform, listed below is a checklist of broker’s pros and cons, followed by a comparison of their primary trading features, including trading systems & devices, charges, mobile trading, down payment & withdrawal, properties, policy, and consumer assistance.
IQCent vs. RoboForex: Summary
![iq-cent-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/08/iq-cent.png)
IQCent is a binary options broker founded in 2017. IQCent is not regulated and, therefore, not considered safe. The broker allows users to trade binary options on over 100 assets, including forex, cryptos, commodities, and indices. Users can trade with up to 1:500 leverage.
IQCent has a profit margin of up to 98% on correct predictions. There are no trading and non-trading fees such as deposit and withdrawal, currency conversion, or inactivity fees. Copy trading fees range from several percentages to 20%, depending on the trader(s) followed.
IQCent’s customer support is available through email and live chat in English.
IQ Cent is a common choice among options traders at all levels.
![roboforex-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/10/roboforex-logo.png)
RoboForex is a forex and CFD broker regulated by the IFSC. They provide users access to over 12,000 tradable instruments including CFDs on stocks, futures, indices, cryptocurrencies, and forex.
RoboForex users can choose between various platforms including a proprietary platform (RoboForex Terminals), MetaTrader 4, MetaTrader 5, and cTrader.
RoboForex offers competitive trading fees compared to similar brokers in the industry (Pepperstone and IC Markets). They charge tight spreads from 0.0 pips EUR/USD and an additional commission. Apart from that, RoboForex doesn’t charge hidden commissions or fees. The maximum leverage at RoboForex is 1:2000 and all clients get access to a free VPS server.
RoboForex’s customer support is available by email, phone, and live chat in English, Arabic, and over 10 other languages.
Pros
- Low minimum deposit ($20)
- No hidden fees, commissions, or charges
- Simple trading platform with copy trading features
- Wide range of binary options (over 100 assets)
- Up to 98% payouts
Cons
- No binary options trading app is available
- High minimum deposit ($250)
- Limited educational resources and research materials
Pros
- Low minimum deposit ($10)
- Forex spreads from 0.0 pips (EUR/USD)
- MT4, MT5 and cTrader integration
- Excellent customer support
- Access to 12,000 tradable assets
- Availability of copy trading tools (CopyFX)
Cons
- Floating spreads
- Limited banking options available
Key features
- Access to 100+ financial instruments
- High payouts of up to 98%
- Wide range of technical and fundamental analysis tools
- Trading contests and free demo account
- Auto trading allowed
- Regular bonuses and giveaways
Key features
- Access to 12,000 financial instruments
- High welcome and profit share bonuses
- Access to Expert Advisors (EA’s) through the R StocksTrader Strategy Builder
- Social trading via CopyFX
- Intuitive mobile trading app
IQCent vs. RoboForex Comparison
Select up to 3 Brokers
![iq-cent-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/08/iq-cent.png)
IQCent
![roboforex-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/10/roboforex-logo.png)
RoboForex
BROKER COMPARISON
![iq-cent-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/08/iq-cent.png)
![roboforex-logo](https://ik.imagekit.io/jpioohtxv/business247/wp-content/uploads/2022/10/roboforex-logo.png)
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | Yes, if you have real account | |
Desktop Platform | ||
Max Leverage | 500:1 | 2000:1 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | 0 |
Deposit Fee | 0 | 0 |
Inactivity Fee | 0 | 0 |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0 | 1 |
Stocks & ETF | 0 | 0 |
CFD (Gold) | 0 | 7 |
Crypto | 0 | 0 |
Options | 0 | 0 |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | $50.00 | $10.00 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 12000 |
ETF & Funds | 0 | 1000 |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 0 |
Futures | 0 | 0 |
Bonds | 0 | 0 |
Forex Instruments | 0 | 40 |
CFD Indices & Funds | 0 | 1100 |
CFD Stocks | 0 | 12000 |
CFD Commodities | 0 | 100 |
CFD Crypto | 0 | 0 |
CFD Bonds | 0 | 0 |
Binary Options | 100 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
IQCent vs. RoboForex Comparison Conclusion
The results of our contrast of IQCent vs. RoboForex are involved the table below.
Broker: | Best For: |
IQCent | Binary Options & Social/Copy Trading |
RoboForex | Forex and CFDs and Welcome bonuses |
Selecting the best selection between IQCent and RoboForex can be tough. Both on-line brokers have resemblances but vary regarding trading tools, platforms & apps, regulation, deposit & withdrawals, and research and education. Picking the best broker relies on users’ trading & investment objectives, specific preferences, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.