IQCent vs Pocket Option

IQCent vs Pocket Option Comparison Table 2023
IQCent Pocket Option
3.7

IQCent is #2 in our binary options broker rankings.

4.2

Pocket Option is #1 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 short-term traders.

Founded in 2017, Pocket Option is a binary options broker offering up/down contracts on forex, stocks and cryptocurrencies. With over 100,000 active users and a global reach, the brand has proven popular with budding traders. Pocket Option also supports dozens of payment methods and has a low minimum trade of just $1.

Bonus Offer
20% to 200% Deposit Bonus 50% Deposit Bonus
Comment by Reviewer
"IQCent will appeal to traders looking for a powerful binary options and CFD trading platform with low fees, a range of accounts, and copy trading support." "We recommend Pocket Option for aspiring binary options traders looking for copy trading services and a low minimum investment."
Pros
  • Both short-term CFDs and binary options are tradeable through the broker's single terminal
  • Technical and fundamental analysis is regularly published within the platform dashboard
  • $0.01 minimum stake for newer day traders with a smaller initial budget
  • Keen traders can take part in trading contests with cash prizes
  • The broker offers 98% payouts on binary options, which is more than many alternatives
  • IQCent is one of the few binary options and CFD brokers that also offers a copy trading feature
  • The broker's 24/7 customer support is fast and reliable, responding within 1 minute
  • Live signals
  • Copy trading
  • Turbo binary options
  • 50+ payment methods
  • MT5 iOS & Android app
  • 92% payouts on binaries
  • Cashback and achievements
  • Multiple strategies supported
  • Welcome bonuses and coupon codes
  • Clients accepted from over 95 countries
  • Trading tournaments and competitions
Cons
  • The broker is not overseen by any highly respected regulator, though this is common among binary options firms
  • It's a shame that no third-party platforms or additional analysis trading tools are offered
  • Stock CFDs are not available
  • No MT4 trading platform
  • Only one account type is available
  • IFMRRC is not a reputable regulator
  • The expiration time is limited on trades
Awards
  • Best Binary Broker 2023 - DayTrading.com
  • Best Binary Broker 2022 - DayTrading.com
Instruments
Binary Options, CFDs, Forex, Indices, Commodities, Crypto Binary Options, Currencies, Commodities, Stocks, Indices
Demo Account
Yes Yes
Minimum Deposit
$250 $50
Trading Platforms
  • IQCent Platform
  • MT5
Payment Methods
Minimum Trade
$0.01 $1
Regulator
IFMRRC IFMRRC
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
No Yes
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. Pocket Option offers hassle-free copy trading. Simply choose from the broker's top ranked traders and mirror their positions in your own account. The copy trading service is available 24/7 and also hosts active community groups where you can chat with other traders.
Social Trading
Yes Yes
Trade Signals
TradingView Yes
VPS Hosting
No No
Tournaments
Yes Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
Yes No
Inactivity Fee
$10 $0
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • AUD
  • RUB
  • USD
Stock Exchanges
Commodities
CFD Trading
IQCent CFDs are available on forex, 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. CFD trading not offered
Leverage
1:500
FTSE Spread
0.7
GBPUSD Spread
0.7
Oil Spread
0.7
Stocks Spread
N/A
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. Binary and OTC options can be purchased on over 40 foreign exchange pairs. Typical payouts are also decent at 81% and users can trade forex binary options in just a couple of clicks.
GBPUSD Spread
0.7 N/A
EURUSD Spread
0.7 N/A
EURGBP Spread
0.7 N/A
Assets
40 50+
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. Pocket Option supports major cryptocurrencies on a beginner-friendly app. Over 10 leading cryptocurrencies are available with very high leverage up to 1:1000.
Spread
Variable N/A
Coins
  • BTC
  • ETH
  • LTC
  • BTC
  • ETH
  • DSH
  • BCH
  • LINK
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. Pocket Option offers short term binary options on a user-friendly platform with competitive payouts of 90%+. Over 130 assets are available with fee-free deposits and withdrawals. Joining bonuses are also available to new users.
Payout
98% 92%
Expiry Times
5 seconds - 30 days 5 seconds - 4 hours
Ladder Options
No No
Boundary Options
No No
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