IQCent vs. Libertex Comparison

This contrast overview assists users that struggle to select between IQCent and Libertex to discover the most effective online broker for their trading and investment demands. It assesses the highlights of both brokers side by side to aid customers contrast their solution and make a notified choice.

To help individuals select the appropriate broker between IQCent and Libertex to locate the best-suited platform, listed below is a listing of broker’s advantages and disadvantages, adhered to by a contrast of their primary trading attributes, including trading platforms & devices, costs, mobile trading, down payment & withdrawal, properties, regulation, and client support.

IQCent vs. Libertex: Summary

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.

libertex-logo

Libertex is a CySEC-regulated forex and CFD broker founded in 1997. Users can trade on various assets, including stocks, cryptocurrencies, forex, metals, indices, agricultural products, oil, gas, ETFs, and options. Additionally, Libertex offers several long-term investing options, such as ‘real dividend-paying stocks’. Trading platforms include a proprietary platform and the full MetaTrader suite.

Libertex trading fees are average compared to other forex and CFD brokers. They charge 0% commission on CFD and stock trading and forex spreads from 0.2 pips (EUR/USD). The broker additionally charges withdrawal fees on selected payment methods but doesn’t charge inactivity fees.

Libertex customer support is available through email (info@libertex.com), phone (+357 22 025 100), and live chat in English.

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

Pros

  • Low minimum deposit ($100)
  • Low spreads from 0,2 pips (EUR/USD)
  • MetaTrader 4 and 5 supported
  • Algorithmic trading and Expert Advisors allowed
  • No hidden fees or commissions

Cons

  • cTrader not supported
  • Limited selection of assets
  • Lacks in-depth education and research material

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

Key features

  • Access to over 300 financial instruments
  • Commission-free stock and CFD trading
  • Low minimum deposit $100 (400 AED)
  • Full MetaTrader suite (MT4 and MT5)
  • Fast payouts for verified users
  • Award-winning trading platform

IQCent vs. Libertex Comparison

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libertex-logo

Libertex Review March 2024

BROKER COMPARISON

iq-cent-logo
libertex-logo

Overall rating

2,3/5

4,2/5

Overall rating

2,3/5

4,2/5

Trading Platform & Tools

1.6

4.1

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account Yes, if you have real account
Desktop Platform
Max Leverage 500:1 1:30
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading Mql5.com
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.5

4.3

See details
Withdrawal Fee 0 Depends on method
Deposit Fee 0 0
Inactivity Fee 0 $10 USD after 180 days of inactivity
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 0.1
Stocks & ETF 0 0
CFD (Gold) 0 2
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

2.2

4.2

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.8

5.0

See details
Minimum deposit (in UAE) $50.00 100 USD
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.8

2.8

See details
Shares 0 116
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex 0 53
CFD Indices & Funds 0 40
CFD Stocks 0 116
CFD Commodities 0 16
CFD Crypto 0 73
CFD Bonds 0 3
Binary Options 100 0
SWAPS 0 0
Saving Plans 0 0

Regulation

1.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

0.7

3.8

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

Customer Support

4.0

4.5

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

Winner

IQCent vs. Libertex Comparison Conclusion

The outcomes of our comparison of IQCent vs. Libertex are involved the table below.

Broker:Best For:
IQCentBinary Options & Social/Copy Trading
LibertexStock and Crypto CFD trading

Picking the best selection in between IQCent and Libertex can be hard. Both online brokers have similarities however differ regarding trading instruments, platforms & applications, regulation, down payment & withdrawals, and research study and education. Choosing the best broker depends on users’ trading & financial investment goals, private preferences, 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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