IQCent vs BinaryCent
| IQCent | BinaryCent |
|---|---|
3.7
IQCent is #2 in our binary options broker rankings. |
3.5
BinaryCent is #9 in our binary options broker rankings. |
 Traders from US accepted |
Traders from US accepted |
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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 | |
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| Cons | |
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| Awards | |
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| 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 | |
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| 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 | |
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| 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 | |
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| 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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| More Comparisons | |
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IQCent vs |
BinaryCent vs |