FP Markets vs. IQCent Comparison

This comparison overview aids customers that battle to select in between FP Markets and IQCent to locate the best online broker for their trading and financial investment requirements. It assesses the highlights of the two brokers side-by-side to assist customers compare their service and make an educated choice.

To help individuals pick the right broker in between FP Markets and IQCent to locate the best-suited system, listed below is a checklist of broker’s pros and cons, adhered to by a contrast of their main trading features, consisting of trading platforms & tools, costs, mobile trading, down payment & withdrawal, possessions, guideline, and customer support.

FP Markets vs. IQCent: Summary

FP Markets logo

FP Markets is a multi-asset broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs. FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.

The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.

iq-cent-logo

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 ($100)
  • Low spreads from 0,0 pips EUR/USD
  • Compatibility with MT4, MT5 and cTrader
  • Free VPS server
  • Fast account opening

Cons

  • Only CFD and forex trading
  • Demo account is not unlimited

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

  • Access to 10,000 tradable symbols (CFDs on forex, stocks, ETFs..)
  • Compatibility with MT4, MT5 and cTrader
  • MAM/PAMM accounts availability
  • Islamic account availability
  • Excellent copy trading features (Myfxbook Autotrade)
  • Wide range of advanced trading tools (Autochartist, Traders Toolbox)

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

FP Markets vs. IQCent Comparison

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FP Markets logo

FP Markets

Open account Read review

75.31% of retail CFD accounts lose money

BROKER COMPARISON

FP Markets logo
iq-cent-logo

Overall rating

4,3/5

2,3/5

Overall rating

4,3/5

2,3/5

Trading Platform & Tools

4.2

1.6

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account Yes, if you have real account
Desktop Platform
Max Leverage 1:500 500:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

5.0

4.5

See details
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) $3 per lot per trade + 0 pips 0
Stocks & ETF 0.13 pips 0
CFD (Gold) 0.13 pips 0
Crypto 9.13 pips 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

5.0

2.2

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.1

2.8

See details
Minimum deposit (in UAE) 0 $50.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

3.1

1.8

See details
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 63 0
CFD Indices & Funds 14 0
CFD Stocks 9000 0
CFD Commodities 10 0
CFD Crypto 4 0
CFD Bonds 2 0
Binary Options 0 100
SWAPS 0 0
Saving Plans 0 0

Regulation

5.0

1.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

4.3

0.7

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

4.5

4.0

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

FP Markets vs. IQCent Comparison Conclusion

The outcomes of our contrast of FP Markets vs. IQCent are wrapped up in the table below.

Broker:Best For:
FP MarketsForex and CFD trading with low fees
IQCentBinary Options & Social/Copy Trading

Choosing the right choice between FP Markets and IQCent can be hard. Both on the internet brokers have similarities but differ pertaining to trading instruments, platforms & apps, regulation, deposit & withdrawals, and research study and education. Choosing the very best broker depends upon users’ trading & 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.

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