IQCent vs. RoboForex Comparison

This comparison overview aids individuals that have a hard time to select in between IQCent and RoboForex to discover the very best online broker for their trading and financial investment requirements. It assesses the main features of the two brokers side-by-side to aid customers contrast their service and make a notified decision.

To aid users choose the appropriate broker in between IQCent and RoboForex to discover the best-suited platform, listed below is a checklist of broker’s pros and cons, followed by a comparison of their primary trading features, including trading systems & devices, charges, mobile trading, down payment & withdrawal, properties, policy, and consumer assistance.

IQCent vs. RoboForex: 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.

roboforex-logo

RoboForex is a forex and CFD broker regulated by the IFSC. They provide users access to over 12,000 tradable instruments including CFDs on stocks, futures, indices, cryptocurrencies, and forex.

RoboForex users can choose between various platforms including a proprietary platform (RoboForex Terminals), MetaTrader 4, MetaTrader 5, and cTrader.

RoboForex offers competitive trading fees compared to similar brokers in the industry (Pepperstone and IC Markets). They charge tight spreads from 0.0 pips EUR/USD and an additional commission. Apart from that, RoboForex doesn’t charge hidden commissions or fees. The maximum leverage at RoboForex is 1:2000 and all clients get access to a free VPS server.

RoboForex’s customer support is available by email, phone, and live chat in English, Arabic, and over 10 other languages.

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 ($10)
  • Forex spreads from 0.0 pips (EUR/USD)
  • MT4, MT5 and cTrader integration
  • Excellent customer support
  • Access to 12,000 tradable assets
  • Availability of copy trading tools (CopyFX)

Cons

  • Floating spreads
  • Limited banking options available

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 12,000 financial instruments
  • High welcome and profit share bonuses
  • Access to Expert Advisors (EA’s) through the R StocksTrader Strategy Builder
  • Social trading via CopyFX
  • Intuitive mobile trading app

IQCent vs. RoboForex Comparison

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roboforex-logo

RoboForex

Open account Read review

79.43% of retail investor accounts lose money when trading CFDs

BROKER COMPARISON

iq-cent-logo
roboforex-logo

Overall rating

2,3/5

4,3/5

Overall rating

2,3/5

4,3/5

Trading Platform & Tools

1.6

4.3

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account Yes, if you have real account
Desktop Platform
Max Leverage 500:1 2000:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

4.5

4.6

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee 0 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0 1
Stocks & ETF 0 0
CFD (Gold) 0 7
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

2.2

4.4

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.8

4.1

See details
Minimum deposit (in UAE) $50.00 $10.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.8

3.8

See details
Shares 0 12000
ETF & Funds 0 1000
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex 0 40
CFD Indices & Funds 0 1100
CFD Stocks 0 12000
CFD Commodities 0 100
CFD Crypto 0 0
CFD Bonds 0 0
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

4.7

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

Winner

IQCent vs. RoboForex Comparison Conclusion

The results of our contrast of IQCent vs. RoboForex are involved the table below.

Broker:Best For:
IQCentBinary Options & Social/Copy Trading
RoboForexForex and CFDs and Welcome bonuses

Selecting the best selection between IQCent and RoboForex can be tough. Both on-line brokers have resemblances but vary regarding trading tools, platforms & apps, regulation, deposit & withdrawals, and research and education. Picking the best broker relies on users’ trading & investment objectives, specific 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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