This contrast guide aids customers that struggle to choose in between IQCent and TastyTrade to discover the best online broker for their trading and investment demands. It evaluates the main features of the two brokers side-by-side to help users contrast their service and make an educated decision.
To aid users select the appropriate broker in between IQCent and TastyTrade to discover the best-suited platform, below is a checklist of broker’s pros and cons, complied with by a comparison of their primary trading functions, including trading systems & tools, costs, mobile trading, down payment & withdrawal, possessions, law, and consumer support.
IQCent vs. TastyTrade: Summary
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.
TastyTrade (previously TastyWorks) is a US based stock and options broker. It is regulated by two tier-one regulators (FINRA and SEC) and is therefore considered safe. The broker offers access to a wide range of options, futures and stocks.
TastyTrade’s platform offers various trading tools and features, intuitive charting apps and the TastyTrade content network. These features make tastytrade a great fit for experienced and active traders focusing on trading with futures and options. Although TastyTrade offers great educational materials and research tools, the platform can be overwhelming for beginners.
The minimum deposit at TastyTrade is $0. Customer support is responsive and well educated.
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 ($0)
- Wide range of futures and options
- Low, variable, and capped trading fees
- Broad range of tools for advanced options and futures traders
- Great research and educational materials
Cons
- No fractional shares available
- Limited instruments compared to other brokers
- High margin rates required
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 thousands of stocks, ETFs, futures, options on futures, commodities, and cryptocurrencies
- Advanced trading tools and dynamic charting features (custom indicators, watch lists, and curve analysis)
- Multiple advanced order types available (good until canceled and good until date)
- Free monthly portfolio analysis
- Support for Expert Advisors and other automated trading software
IQCent vs. TastyTrade Comparison
Select up to 3 Brokers
IQCent
Tastytrade
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | Yes, if you have real account | |
| Desktop Platform | ||
| Max Leverage | 500:1 | 5:1 |
| 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 | 0 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 0 | 0 |
| Crypto | 0 | 1% open 1% close (max $10 each way) |
| Options | 0 | $1 per contract |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees | 0 |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $50.00 | 0 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 2400 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 25 |
| Commodities | 0 | 0 |
| Indices | 0 | 7 |
| Options | 0 | 0 |
| Futures | 0 | 83 |
| Bonds | 0 | 0 |
| Forex Instruments | 0 | 0 |
| CFD Indices & Funds | 0 | 0 |
| CFD Stocks | 0 | 0 |
| CFD Commodities | 0 | 0 |
| 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 | Spanish | |
| Personal Account Manager |
Winner
IQCent vs. TastyTrade Comparison Conclusion
The results of our contrast of IQCent vs. TastyTrade are involved the table listed below.
| Broker: | Best For: |
| IQCent | Binary Options & Social/Copy Trading |
| TastyTrade | Options Trading |
Selecting the best choice in between IQCent and TastyTrade can be difficult. Both on the internet brokers have resemblances yet vary regarding trading tools, systems & applications, regulation, deposit & withdrawals, and research study and education. Picking the most effective broker depends on users’ trading & investment objectives, private choices, and experience level.
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.