IQCent is unregulated forex, CFD, and binary options broker founded in 2017. Wave maker LTD based on the Marshall Islands manages IQCent. One of the unique features of IQCent is that traders can open positions from $0,01.
IQCent Trading Platform
IQCent’s trading platform is easy-to-use and aimed at beginners. It features real-time price charts, a trading interface, and technical analysis tools. Users can see the available assets and open a trade via the trading interface. IQCent has a copy trading feature, which users can use to copy professional traders.
Traders can trade over 100 assets on IQCent including stocks, crypto, commodities, indices, and forex pairs. Some assets are tradable as CFDs while others as binary options. You can trade 24/7 on IQCent. IQCent doesn’t charge any fees on forex and options trading but they do charge withdrawal fees.
IQCent Account Types
IQCent offers 3 types of trading accounts: bronze, silver, and gold. In the table below you can find minimum deposit and bonus information.
IQCent Deposits and Withdrawals
Users can fund their trading accounts with a credit card, by e-wallet, bank transfer, or with cryptocurrencies like Bitcoin, Ethereum, and other altcoins. The minimum deposit is $20 across all payment methods and IQCent doesn’t charge deposit fees. IQCent charges withdrawal fees of 5% or 20% if you haven’t traded 300% of your balance.
IQCent Trading Contests
IQCent hosts weekly trading tournaments where the top traders can win cash and other prizes like the latest iPhone, AirPods, or Apple Watch.
IQCent accepts traders and investors from the United Arab Emirates. Note that you have to go through a KYC process to be able to withdraw funds from this binary options broker.
IQCent Review – Our Verdict
Because of the high withdrawal fees, the lack of a free demo account, and IQCent is unregulated, we don’t recommend trading binary options with IQCent. You can read one of our other binary option broker reviews to find a suitable binary options broker for your trading needs.