IQCent vs. ThinkMarkets Comparison

This contrast overview aids individuals that struggle to select between IQCent and ThinkMarkets to locate the very best online broker for their trading and financial investment demands. It assesses the main features of the two brokers alongside to assist customers contrast their service and make an informed decision.

To assist users choose the best broker in between IQCent and ThinkMarkets to discover the best-suited platform, below is a checklist of broker’s advantages and disadvantages, adhered to by a contrast of their main trading features, consisting of trading platforms & devices, charges, mobile trading, down payment & withdrawal, possessions, law, and client support.

IQCent vs. ThinkMarkets: 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.

Think-Markets-logo

ThinkMarkets is an online forex and CFD broker founded in 2010. It is regulated by 5 tier-one regulators, including the FCA, ASIC and MiFID. Users can trade on 3,500 financial instruments, including forex and CFDs on stocks, precious metals, indices, commodities, and cryptocurrencies. Their trading platforms include a proprietary platform (ThinkTrader), MetaTrader 4, and MetaTrader 5.

ThinkMarkets trading fees are average compared to other similar brokers from the industry. They charge 0% commission on stocks and CFDs and spreads from 0.4 pips (EUR/USD). ThinkMarkets also charges inactivity fees of $25/month.

ThinkMarket’s customer support is available through email (support@thinkmarkets.com), phone (+357 252 62149), and live chat in Arabic and 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 ($0)
  • Commission-free stock and CFD trading and $0,25 futures contracts
  • MT4 and MT5 integration
  • Wide range of educational materials
  • Islamic swap-free, and zero spread accounts

Cons

  • Spreads on forex are relatively high compared to other brokers
  • Inactivity fees

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

  • Commission-free stock and CFD trading (3,500+ assets)
  • Compatible with the full MetaTrader suite (4 & 5)
  • Regulated by multiple bodies (FCA, ASIC, FSCA, FSA, CySEC, and JFSA)
  • Wide range of educational resources available
  • Free VPS Server access

IQCent vs. ThinkMarkets Comparison

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BROKER COMPARISON

iq-cent-logo
Think-Markets-logo

Overall rating

2,3/5

4,1/5

Overall rating

2,3/5

4,1/5

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 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

4.4

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 1.1
Stocks & ETF 0 0
CFD (Gold) 0 1.9
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

2.2

4.5

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

2.8

3.8

See details
Minimum deposit (in UAE) $50.00 $0.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

1.8

3.0

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 Instruments 0 48
CFD Indices & Funds 0 381
CFD Stocks 0 3548
CFD Commodities 0 15
CFD Crypto 0 27
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

3.7

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

Customer Support

4.0

3.9

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

Winner

IQCent vs. ThinkMarkets Comparison Conclusion

The results of our comparison of IQCent vs. ThinkMarkets are involved the table below.

Broker:Best For:
IQCentBinary Options & Social/Copy Trading
ThinkMarketsForex and CFDs on Stocks

Choosing the ideal choice between IQCent and ThinkMarkets can be challenging. Both on the internet brokers have resemblances but differ regarding trading tools, systems & apps, regulation, down payment & withdrawals, and research and education. Picking the very best broker relies on users’ trading & investment goals, individual choices, 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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