Libertex vs IQCent

Libertex vs IQCent Comparison Table 2023
Libertex IQCent
3.6
3.7

IQCent is #2 in our binary options broker rankings.

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United States Flag Traders from US accepted

Libertex is a well-known broker, established in 2012. The regulated brand has served numerous clients and is regulated by the Cyprus Securities and Exchange Commission with license number 164/12. Libertex offers CFD trading on 250+ underlying assets, including through an innovative and user-friendly proprietary web trader platform. Choose between CFDs on forex, cryptocurrencies, commodities, stocks, indices and ETFs, which are available with tight spreads and low commissions.

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.

79.1% of retail investor accounts lose money when trading CFDs with this provider.
Bonus Offer
20% to 200% Deposit Bonus
Comment by Reviewer
"Libertex will appeal to both beginner and experienced traders thanks to its easy-to-use platform and low fees. The brand is also a good pick for share dealing with commission-free stock investing." "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."
Pros
  • Very competitive pricing with low commission fees
  • User-friendly platform as well as support for MT4 and MT5
  • Helpful customer support available in multiple languages
  • 250+ underlying assets as well as investment in real shares
  • Accepts wide range of funding methods
  • 40+ industry awards
  • Tight spreads
  • 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
Cons
  • List of tradeable underlying assets is small compared to rivals
  • Lacks educational content and other features
  • Limited account options
  • No copy trading
  • 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
Awards
  • Best CFD Broker 2023
  • Best Trading Platform 2022
  • Best Crypto CFD Broker 2022
  • Best CFD Broker Europe 2022
  • Best FX Broker 2021
  • Most Trusted Broker Europe 2021
  • Best Trading Platform 2021
  • Best Binary Broker 2023 - DayTrading.com
Instruments
CFDs on Forex, Cryptocurrencies, Metals, Indices, Stocks, Oil & Gas, Agriculture, ETFs Binary Options, CFDs, Forex, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
€100 $250
Trading Platforms
  • Libertex (and mobile app)
  • MT4
  • MT5
  • IQCent Platform
Payment Methods
Minimum Trade
€20 $0.01
Regulator
CySEC 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
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android + Browser iOS & Android
Auto Trading
No
Copy Trading
No 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.
Social Trading
No Yes
Trade Signals
TradingView
VPS Hosting
No No
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No Yes
Inactivity Fee
Yes - if the client is inactive for 180 calendar day. Applies to clients with a total account balance less than 5000 euros (4500 GBP, 5300 CHF, 22500 PLN respectively) $10
Islamic Account
No No
Account Currencies
  • EUR
  • GBP
  • CHF
  • PLN
  • USD
  • EUR
  • GBP
  • AUD
  • RUB
Stock Exchanges
Commodities
CFD Trading
Libertex's list of CFDs covers a decent range of tradeable underlying assets, but there isn't much depth with only around 250 in total. Leverage up to 1:30 for retail clients is available in accordance with CySEC regulations, and traders can choose between three excellent trading platforms. Best of all are the tight spreads available on all markets and the zero commissions on investments in stocks. 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.
Leverage
Up to 1:30 (Retail) 1:500
FTSE Spread
Variable 0.7
GBPUSD Spread
Variable 0.7
Oil Spread
Variable 0.7
Stocks Spread
Variable N/A
Forex Trading
Libertex offers CFD trading on 50+ forex pairs, offering long and short opportunities. Its strength comes in its tight spreads – we were offered 0.2 pips for EUR/USD. 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.
Forex App

Libertex offers an iOS and Android-compatible mobile app with advanced features and trading tools. Users can make deposits, execute positions and analyze the markets in a few swipes. Traders can also flick between live and demo mode with one tap.

GBPUSD Spread
From 0.2 0.7
EURUSD Spread
From 0.2 0.7
EURGBP Spread
From 0.2 0.7
Assets
50+ 40
Currency Indices
  • USD
Cryptocurrency
With 70+ cryptocurrencies available to trade via CFDs with tight spreads, low commissions and overnight swap fees, Libertex is a great option for crypto CFD traders. The list of crypto CFDs includes the usual major players like Bitcoin and a good variety of lesser-known cryptos such as Tezos. 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.
Spread
Variable Variable
Coins
  • AAVE
  • ADA
  • ALGO
  • APE
  • APT
  • ARB
  • ATM
  • AVA
  • AXS
  • BCH
  • BNB
  • BTC
  • CAKE
  • CHZ
  • COMP
  • DASH
  • DOGE
  • EGLD
  • ENJ
  • EOS
  • ETC
  • ETH
  • FIL
  • FLOW
  • FTM
  • GMT
  • ICP
  • IOT
  • LNK
  • LTC
  • MANA
  • MATIC
  • MKR
  • NEO
  • NOMG
  • ONT
  • QTM
  • ROSE
  • RUNE
  • SAND
  • SHIB
  • SNX
  • SOL
  • STRAT
  • SUSHI
  • THETA
  • TRX
  • TWT
  • UMA
  • UNI
  • VET
  • XEM
  • XLM
  • XMR
  • XRP
  • XTZ
  • ZEC
  • ZRX
  • BTC
  • ETH
  • LTC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered 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.
Payout
98%
Expiry Times
5 seconds - 30 days
Ladder Options
No No
Boundary Options
No No
79.1% of retail investor accounts lose money when trading CFDs with this provider.
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