This comparison overview aids individuals who have a hard time to pick in between IQCent and Lightspeed to discover the best online broker for their trading and investment demands. It examines the main features of the two brokers side-by-side to help users compare their service and make an educated decision.
To help users pick the appropriate broker between IQCent and Lightspeed to discover the best-suited platform, listed below is a checklist of broker’s benefits and drawbacks, adhered to by a contrast of their main trading features, consisting of trading systems & tools, charges, mobile trading, deposit & withdrawal, assets, law, and customer support.
IQCent vs. Lightspeed: Summary
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.
Lightspeed is a globally operating online broker regulated by FINRA. They offer users access to 6,000 stocks, options, and futures. Their trading platforms ( LightSpeed Trader, LightSpeed Web & Mobile, and Sterling Trader Pro) offer advanced trading and charting tools including level 2 trading and dynamic charting, LiveVolX and Eze EMS.
Lightspeed offers low per-share and per-contract fees for high volume traders. The minimum deposit requirement at Lightspeed is $10,000 or $25,000.
Lightspeed’s customer support is available 24/7 through email, live chat, and phone in English language.
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
- Great choice of different trading platforms
- Wide range of stocks, options and features
- Responsive customer support
- Competitive pricing on higher volume
Cons
- High minimum deposit requirement
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 10,000 different stocks, ETFs, options, and futures
- Trading fee discounts for active stock and ETF traders
- Broad range of risk management tools and third-party software
- Extensive education section with live webinars, trading courses, and and blog
- Level 2 order book information and dynamic charting features
- Fast order routing
IQCent vs. Lightspeed Comparison
Select up to 3 Brokers
IQCent
Lightspeed
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 | 6:1 |
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 | $50 per transaction |
Deposit Fee | 0 | 0 |
Inactivity Fee | 0 | $25 if no trading in previous year |
Cost Per Trade | 0 | $4.50 |
Cost Per Month | 0 | Yes, depending the platform |
Forex (EUR/USD) | 0 | 0 |
Stocks & ETF | 0 | $0.0045 per share |
CFD (Gold) | 0 | 0 |
Crypto | 0 | 0 |
Options | 0 | $0.60 per contract |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | $50.00 | $10,000.00 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 4 markets |
ETF & Funds | 0 | 4 markets |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 8 markets |
Futures | 0 | 9 markets |
Bonds | 0 | 0 |
Forex Instruments | 0 | 0 |
CFD Indices & Funds | 0 | 0 |
CFD Stocks | 0 | 0 |
CFD Commodities | 0 | 0 |
CFD Crypto | 0 | 0 |
CFD Bonds | 0 | 0 |
Binary Options | 100 | 0 |
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
IQCent vs. Lightspeed Comparison Conclusion
The results of our contrast of IQCent vs. Lightspeed are involved the table below.
Broker: | Best For: |
IQCent | Binary Options & Social/Copy Trading |
Lightspeed | Stocks, futures and options; High volume traders |
Choosing the best selection between IQCent and Lightspeed can be challenging. Both on-line brokers have resemblances yet differ concerning trading instruments, platforms & applications, law, deposit & withdrawals, and study and education. Picking the most effective broker relies on customers’ trading & 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.