IQCent vs BinaryCent

IQCent vs BinaryCent Comparison Table 2023
IQCent BinaryCent
3.7

IQCent is #2 in our binary options broker rankings.

3.5

BinaryCent is #9 in our binary options broker rankings.

United States Flag Traders from US accepted
United States Flag Traders from US accepted

IQCent is an offshore binary options and CFD broker based in the Marshall Islands with 10+ payment methods and a low $50 starting deposit. With 100+ assets, around the clock trading and high payouts the brand is popular with aspiring traders.

BinaryCent is an unregulated binary options broker that offers 24/7 trading on forex, cryptos and stocks with payouts up to 95%. Despite its lack of regulation, this broker takes client security seriously and stores client funds in European banks. The broker also offers CFDs with very high leverage up to 1:500.

Bonus Offer
20% to 200% Deposit Bonus 20% - 200% deposit bonus
Comment by Reviewer
"IQCent will appeal to newer traders who want a platform where they can trade both binary options and CFDs with copy trading support and regular contests." "Traders who want a reliable binary options broker with a streamlined platform and high payouts should try out BinaryCent."
Pros
  • Both CFDs and binary options tradeable through a single terminal
  • Bonuses available up to 100% for Gold account members
  • Regular technical and fundamental analysis published
  • Deposits and withdrawals using cryptocurrency
  • $0.01 minimum stake for newer traders
  • Trading contests with cash prizes
  • Instant deposits and fast withdrawals
  • Binary options with 98% payouts
  • Copy trading service
  • 24/7 customer support
  • Simple and straightforward proprietary platform for binary options trading
  • Payouts up to 95% are higher than most competitors and increases profit potential
  • Trade binary contracts from $0.10 allowing trading opportunities for all budgets
  • Copy trading and binary options bots are useful for beginner traders
  • Accepts a wide range of funding methods, including cryptos and e-wallets
Cons
  • No MetaTrader 4 platform
  • A short period before an inactivity fee is charged
  • Poor selection of stocks with just four equities
  • Not overseen by any highly respected regulator
  • Not available to traders based in the US
  • The $250 minimum deposit is higher than most binary options brokers
  • Not overseen by any reputable regulator, raising risks and reducing customer protections
Awards
  • Best Binary Broker 2023 - DayTrading.com
  • Tech Finance - Journal Award - 2015
  • iFX Expo Asia Award - 2016
Instruments
Binary Options, CFDs, Forex, Stocks, Indices, Commodities, Crypto Stocks, Options, CFD, Forex, Crypto, Binary Options
Demo Account
Yes Yes
Minimum Deposit
$250 $250
Trading Platforms
  • TradingView
  • Own
Payment Methods
Minimum Trade
$0.01 $0.01
Regulator
IFMRRC VFSC
Margin Trading
Yes Yes
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 No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS, Android
Auto Trading
Centobot for binary options
Copy Trading
Yes Yes
Copy Trading Platform
Copy trading is offered within the proprietary WebTrader platform. Clients can follow and replicate the trades of established investors using real-time performance statistics. The copy trading tool is available for all account types, including the lowest - Bronze. You can pick a trader based on their returns and ranking. The sign-up process is quick and account activation is instant.
Social Trading
Yes Yes
Trade Signals
TradingView
VPS Hosting
No No
Tournaments
Yes Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes Yes
Inactivity Fee
$10
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • RUB
  • USD
Stock Exchanges
Commodities
CFD Trading
IQCent CFDs are available on forex, stocks, indices, commodities and cryptos with leverage variable by asset to a maximum of 1:500, which is higher than many alternatives. 24/7 customer support is also available to assist new users. You can take positions on a range of popular trading markets including forex, stocks, energies and metals. Leverage is high at 1:500 and live spreads can be viewed in the web-accessible platform and app.
Leverage
1:500 1:500
FTSE Spread
From 0.7 pips Floating
GBPUSD Spread
From 0.7 pips Floating
Oil Spread
From 0.7 pips Floating
Stocks Spread
Variable Floating
Forex Trading
IQCent traders can access CFDs or binary options on 40+ forex pairs, including majors, minors and exotics. CFD spreads start from 0.7 pips and binary options payouts are decent up to 95%. Trading takes place through the broker's proprietary platform with advanced analysis tools. Trade 24 forex pairs via binary options. Such a small range of currency pairs is not that unusual among binary options brokers, and BinaryCent's high payouts up to 95% compensate for the lack of range.
GBPUSD Spread
From 0.7 pips Floating
EURUSD Spread
From 0.7 pips Floating
EURGBP Spread
From 0.7 pips Floating
Assets
40 25+
Cryptocurrency
IQCent offers 17 crypto assets through its own platform, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is limited to 1:10 while binary options payouts vary by token but are competitive. BinaryCent offers trading on a decent list of cryptocurrencies, including major tokens like Bitcoin. The broker also accepts crypto deposits and withdrawals, making it straightforward to fund, trade and manage your activities in digital currencies.
Spread
Variable N/A
Coins
  • BTC
  • ETH
  • LTC
  • ZEC
  • XRP
  • XMR
  • SAN
  • OMG
  • LTC
  • BTC
  • IOT
  • ETH
  • ETC
  • EOS
  • DSH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
IQCent offers binary options on forex, stocks, cryptocurrencies and commodities with high payouts up to 98%. The broker uses a proprietary platform with advanced analysis tools and traders can choose contract timeframes ranging from 5 seconds to months, appealing to both short and long term traders. BinaryCent provides binary options trading on a range of markets through a slick proprietary platform. Traders can invest as little as $0.10 per trade and earn payouts up to 95%, and these are excellent terms that accommodate casual and low-capital traders while allowing profit opportunities.
Payout
98% 95%
Expiry Times
5 seconds - 30 days 5 seconds - 30 days
Ladder Options
No No
Boundary Options
No Yes
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