Reply To: IQCent – legit or scam?

#184776
James Barra
Moderator
    DayTrading.com Team

    Hi HighLowLuke,

    Thanks for your message.

    While it has been operating since 2017 and picked up several awards, I would not describe IQCent as “safe”. It scored 2.5/5 for trust during our assessment of the platform – a long way off our most trusted brokers.

    This is primarily because it’s not regulated by a respected financial body, just the International Financial Market Relations Regulation Center (IFMRRC), which is based offshore and not well-regarded in the industry.

    If you want to trade binaries then you may struggle to find a well-regulated trading platform. Nadex is one of the few tightly-regulated binary platforms but it’s focused on the US market.