This comparison overview assists customers that have a hard time to pick in between FBS and IQCent to discover the best online broker for their trading and financial investment needs. It analyzes the main features of the two brokers side-by-side to assist customers contrast their service and make a notified choice.
To help users pick the appropriate broker between FBS and IQCent to discover the best-suited platform, listed below is a checklist of broker’s advantages and disadvantages, followed by a contrast of their primary trading attributes, consisting of trading platforms & tools, fees, mobile trading, deposit & withdrawal, assets, guideline, and client assistance.
FBS vs. IQCent: Summary
FBS is a CFD broker founded in 2009. It is regulated by two tier-one regulators ( the CySec and ASIC) and is therefore considered trustworthy. FBS offers access to over 100 forex pairs and a handful of stocks, stock indexes, commodities and CFDs.
FBS charges low stock and stock index trading fees. The broker also doesn’t charge inactivity, deposit and withdrawal fees, which makes their overall costs low. FBS’s proprietary webtrader platform has an intuitive design and allows MetaTrader 4 and 5 integration. As a non-dealing desk (NDD) and STP broker, FBS guarantees fast and reliable order execution.
FBS’s customer support is available via email, phone, and WhatsApp 24/7.
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.
Pros
- Low minimum deposit ($10)
- Low spreads from 0.8 pips EUR/USD
- Competitive stock trading fees
- Compatibility with MT4 and MT5
- Wide range of trading account types
Cons
- Comparing others relatively few trading instruments are offered
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
Key features
- Competitive overall fees
- Compatible with MetaTrader 4 and 5
- Access to 100+ forex pairs
- Up to 1:500 leverage for professional traders
- Standard, Cent, and Crypto accounts
- Free courses, webinars, lessons, and signals
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
FBS vs. IQCent Comparison
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FBS
IQCent
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | Yes, if you have real account | |
| Desktop Platform | ||
| Max Leverage | 1:3000 | 500:1 |
| 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) | 0.5 pips | 0 |
| Stocks & ETF | 2.32 pips | 0 |
| CFD (Gold) | 2,32 pips | 0 |
| Crypto | 32.55 pips | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $50.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 44 | 0 |
| CFD Indices & Funds | 11 | 0 |
| CFD Stocks | 98 | 0 |
| CFD Commodities | 6 | 0 |
| CFD Crypto | 30 | 0 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 100 |
| 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
FBS vs. IQCent Comparison Conclusion
The outcomes of our comparison of FBS vs. IQCent are wrapped up in the table listed below.
| Broker: | Best For: |
| FBS | Forex and CFD trading |
| IQCent | Binary Options & Social/Copy Trading |
Selecting the right choice between FBS and IQCent can be difficult. Both on the internet brokers have similarities yet differ concerning trading instruments, platforms & apps, guideline, deposit & withdrawals, and study and education. Choosing the most effective broker depends upon individuals’ trading & financial investment goals, private choices, 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.