This contrast overview assists customers that struggle to choose in between IG Trading and IQCent to find the most effective online broker for their trading and investment requirements. It assesses the main features of both brokers side-by-side to help individuals contrast their solution and make a notified decision.
To aid customers pick the ideal broker between IG Trading and IQCent to locate the best-suited platform, listed below is a checklist of broker’s advantages and disadvantages, complied with by a comparison of their primary trading features, including trading systems & devices, fees, mobile trading, deposit & withdrawal, possessions, law, and customer assistance.
IG Trading vs. IQCent: Summary
IG is a globally operating online broker regulated by eight tier-one regulators (FCA, ASIC, JFSA, MAS, FINMA, FMA, CFTC and MiFID). They offer users access to 19,500 tradable symbols including 20,000 CFDs, forex, forex options, stocks and cryptocurrencies. IG users can choose between various trading platforms including a proprietary Web-based platform, L2 Dealer DMA, MetaTrader 4 and ProRealTime charting feature.
IG trading fees are competitive for active traders. The size of the brokers allows fast and reliable order execution also on larger orders. IG also offered spread rebates on higher volume CFD trades.
IG additionally offers extensive educational materials (daily video market updates and technical and fundamental analysis case studies), a wide range of trading and research tools for beginners and advanced and intuitive trading apps.
IG’s customer service is available through live chat, email, phone, and WhatsApp in English, and several other languages.
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
- Regulated by 8 tier-one regulators
- Low average spreads from 0.82 pips EUR/USD
- Wide range of trading platforms and third party plugins
- Extensive research and education resources
- Wide range of platforms
Cons
- Slightly higher fees on CFDs
- Limited banking options
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 20,000 tradable symbols
- Compatible with MT4, L2 Dealer and ProRealTime
- Unlimited demo paper trading account
- Advanced research and analysis tools (L2 Dealer and ProRealTime)
- Availability of EA’s and other automated trading software
- Free trading signals and alerts
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
IG Trading vs. IQCent Comparison
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IG Trading
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 | 500:1 | 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 | |
Cost Per Trade | 0 | 0 |
Cost Per Month | $18 | 0 |
Forex (EUR/USD) | 0.6 pips | 0 |
Stocks & ETF | 0.3 pips | 0 |
CFD (Gold) | 0.3 pips | 0 |
Crypto | 0 | 0 |
Options | 0 | 0 |
Conversion Fees | 0 | |
Misc. Fees | 0 | |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | $5500 | $50.00 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 1000 | 0 |
ETF & Funds | 1000 | 0 |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 0 |
Futures | 0 | 0 |
Bonds | 0 | 0 |
Forex Instruments | 80 | 0 |
CFD Indices & Funds | 80 | 0 |
CFD Stocks | 12000 | 0 |
CFD Commodities | 6 | 0 |
CFD Crypto | 10 | 0 |
CFD Bonds | 12 | 0 |
Binary Options | 100 | 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
IG Trading vs. IQCent Comparison Conclusion
The results of our contrast of IG Trading vs. IQCent are involved the table below.
Broker: | Best For: |
IG Trading | Great overall multi-asset broker |
IQCent | Binary Options & Social/Copy Trading |
Selecting the appropriate choice between IG Trading and IQCent can be difficult. Both on-line brokers have resemblances however vary relating to trading tools, platforms & applications, policy, down payment & withdrawals, and research and education. Choosing the most effective broker relies on individuals’ trading & financial investment objectives, specific preferences, 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.