IQCent vs. Skilling Comparison

This contrast guide aids users who struggle to select between IQCent and Skilling to find the best online broker for their trading and financial investment demands. It analyzes the main features of both brokers alongside to assist users compare their service and make an educated choice.

To assist customers pick the best broker in between IQCent and Skilling to find the best-suited platform, listed below is a listing of broker’s pros and cons, complied with by a contrast of their primary trading features, including trading platforms & devices, charges, mobile trading, down payment & withdrawal, possessions, guideline, and customer support.

IQCent vs. Skilling: 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.

skilling-logo

Skilling is a multi-asset online broker headquartered in Cyprus. It is regulated by two tier-one regulators (the CySEC and FSA) and is therefore considered safe. Their users can trade on over 1,200 symbols, including forex, cryptocurrencies, shares, indices and commodities.

Skilling offers a proprietary platform (Trader) and a wide range of third-party plugins, including cTrader and MetaTrader 4. Skilling’s trading fees are average compared to similar brokers in the industry.

They charge a 0.1% taker fee on cryptocurrencies and spreads of 0.7 pips on EUR/USD. Skilling charges currency conversion and inactivity fees of 10 EUR/month after 12 months of account inactivity. Users have one free withdrawal per month.

Skilling’s customer service is available through a contact form, live chat, and phone (+44 208 080 6555). Additionally, users can find helpful information in the broker’s Help Centre

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)
  • 0% Commissions on global stocks CFDs
  • Wide range of trading platforms (proprietary, cTrader, and MetaTrader 4)
  • Social Copy Trading platform availability
  • Cryptocurrency trading and investing opportunities

Cons

  • Max. leverage on cryptocurrency only 1:2
  • High spreads on standard and non-professional accounts
  • Lacks educational 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

  • 1,200+ financial instruments across 7 asset classes
  • Multiple trading platforms
  • Commission-free stock CFD trading
  • Set-and-forget copy trading services
  • A broad range of payment methods
  • Cryptocurrency trading and investing

IQCent vs. Skilling Comparison

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BROKER COMPARISON

iq-cent-logo
skilling-logo

Overall rating

2,3/5

3,9/5

Overall rating

2,3/5

3,9/5

Trading Platform & Tools

1.6

4.5

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account Yes, if you have real account
Desktop Platform
Max Leverage 500:1 1000:1
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

3.8

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 0.7
Stocks & ETF 0 0
CFD (Gold) 0 4.5
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

4.0

See details
Minimum deposit (in UAE) $50.00 $100.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.8

2.8

See details
Shares 0 0
ETF & Funds 0 0
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex 0 73
CFD Indices & Funds 0 18
CFD Stocks 0 760
CFD Commodities 0 6
CFD Crypto 0 50
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

3.0

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

Customer Support

4.0

4.0

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

Winner

IQCent vs. Skilling Comparison Conclusion

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

Broker:Best For:
IQCentBinary Options & Social/Copy Trading
SkillingForex, CFD & Copy Trading

Choosing the appropriate choice between IQCent and Skilling can be tough. Both on-line brokers have similarities yet vary regarding trading instruments, systems & applications, law, down payment & withdrawals, and study and education and learning. Selecting the most effective broker depends on users’ trading & financial investment goals, individual preferences, and experience level.

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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