BinaryCent vs IQ Option

BinaryCent vs IQ Option Comparison Table 2023
BinaryCent IQ Option
3.5

BinaryCent is #8 in our binary options broker rankings.

4
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Deposit and trade with a Bitcoin funded account. BinaryCent offers binary options, FX and CFD trading. 1:500 leverage is also available.

Open an account with just $10. Trade via CFD over 10 Cryptocurrencies directly, traditional forex with low spreads.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Bonus Offer
20% - 200% deposit bonus
Comment by Reviewer
"IQ Option is a good broker for beginners with an easy to use platform and a low minimum investment."
Pros
  • User-friendly platform for beginners
  • Excellent range of payment methods
  • Reliable 24/7 multilingual support
  • Access to IQ Option community
  • High payouts on binary options
  • iOS & Android compatible app
Cons
  • €10 inactivity fee after 90 days
  • No MetaTrader 4 integration
Awards
  • Tech Finance - Journal Award - 2015
  • iFX Expo Asia Award - 2016
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
Instruments
Stocks, Options, CFD, Forex, Crypto, Binary Options CFD, Forex, Crypto, Stocks, Digital Options
Demo Account
Yes Yes
Minimum Deposit
$250 $10
Payment Methods
Minimum Trade
¢0.01 0.001 lots
Regulator
VFSC
Margin Trading
Yes Yes
Margin Rate
0.2%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No Yes
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS, Android iOS, Android and Windows
Auto Trading
Centobot for binary options
Copy Trading
Yes No
Copy Trading Platform
The copy trading tool is available for all account types, including the lowest - Bronze
Social Trading
Yes No
VPS Hosting
No No
Tournaments
Yes Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Islamic Account
No Yes
Account Currencies
  • USD
  • USD
  • EUR
  • GBP
  • ZAR
Stock Exchanges
Commodities
CFD Trading
You can take positions on a range of popular trading markets IQ Option offers highly leveraged CFDs on 6 asset classes through its award-winning platform.
Leverage
1:500 1:500
FTSE Spread
Floating
GBPUSD Spread
Floating 1
Oil Spread
Floating 2.3
Stocks Spread
Floating 2
Forex Trading
You can trade forex on BinaryCent with leverage up to 1:500 IQ Option offer forex trading on a range of currencies. Spreads are on the high side and the brand do not excel in this area.
Forex App

IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.

GBPUSD Spread
Floating 5 pips
EURUSD Spread
Floating 14 pips
EURGBP Spread
Floating 15 pips
Assets
25+ 250+
Cryptocurrency
BinaryCent offers trading on a decent list of cryptocurrencies. The broker also accepts crypto deposits and withdrawals. IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets.
Spread
N/A BTC 7%, ETH 12% (Var)
Coins
  • ZEC
  • XRP
  • XMR
  • SAN
  • OMG
  • LTC
  • BTC
  • IOT
  • ETH
  • ETC
  • EOS
  • DSH
  • BTC
  • TRX
  • XRP
  • BCH
  • ETH
  • EOS
  • OMG
  • ETC
  • QTUM
  • ZEC
  • LTC
  • DASH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
BinaryCent offers welcome deposit bonuses and high payouts up to 95%. Traders can get started with a straightforward joining form. IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low minimum deposit.
Payout
95% 91%
Expiry Times
5 seconds - 30 days
Ladder Options
No Yes
Boundary Options
Yes Yes
RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
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