This comparison guide aids customers that struggle to pick in between IQ Option and IQCent to find the very best online broker for their trading and financial investment requirements. It analyzes the main features of the two brokers alongside to aid individuals contrast their solution and make an informed decision.
To aid individuals choose the best broker in between IQ Option and IQCent to discover the best-suited system, listed below is a checklist of broker’s pros and cons, complied with by a contrast of their primary trading functions, consisting of trading systems & devices, costs, mobile trading, down payment & withdrawal, assets, policy, and consumer support.
IQ Option vs. IQCent: Summary
IQ Option is a well established online broker great for users looking to trade forex, options and CFDs on a intuitive trading platform. Their well rounded offer consists of low spreads, a sophisticated trading platform, free demo account option, and responsive customer support in English language. They offer islamic accounts and copy trading in Arabic language which allows you to copy portfolios from seasoned investors and traders.
IQ Option is a trustworthy and reliable market maker broker and subject to the highest standards of regulation in the industry. Options trading is no longer available.
“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”
General Risk Warning: “The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose”
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
- Multi-chart platform layout with technical analysis
- Fast trade execution
- 24/7 customer support in Arabic and English
- Free demo account with $10.000 virtual money
- Leverage of up to 1:1000
Cons
- Trading fees are above industry average
- Inactivity fee $10/90days
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 a wide variety of markets
- Great research and education tools
- User friendly platform
- $10 minimum deposit and $1 minimum trade requirement
- Access to 3000+ tradable symbols
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
IQ Option vs. IQCent Comparison
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IQ Option
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 (*currency conversion fee might apply) | 0 |
| Deposit Fee | 0 | |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 10 EUR | 0 |
| Forex (EUR/USD) | 4.7pip | 0 |
| Stocks & ETF | 0.48pip | 0 |
| CFD (Gold) | 4.8pip | 0 |
| Crypto | 127.14pip | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $10 | $50.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | Over 180 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 19 | 0 |
| Commodities | 9 | 0 |
| Indices | 9 | 0 |
| Options | Over 40 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | Over 30 | 0 |
| CFD Indices & Funds | Over 20 | 0 |
| CFD Stocks | OVer 180 | 0 |
| CFD Commodities | 9 | 0 |
| CFD Crypto | 19 | 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
IQ Option vs. IQCent Comparison Conclusion
The outcomes of our comparison of IQ Option vs. IQCent are wrapped up in the table listed below.
| Broker: | Best For: |
| IQ Option | Forex and CFD trading |
| IQCent | Binary Options & Social/Copy Trading |
Choosing the appropriate selection between IQ Option and IQCent can be difficult. Both on the internet brokers have resemblances yet differ concerning trading tools, platforms & applications, guideline, deposit & withdrawals, and research study and education. Picking the very best broker depends upon individuals’ trading & financial investment objectives, specific 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.