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OANDA vs IQCent

OANDA vs IQCent Comparison Table 2023
OANDA IQCent
Review
4.5

OANDA is #1 in our broker rankings.

Review
3.7

IQCent is #3 in our binary options broker rankings.

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

OANDA offers 70 forex pairs with two competitive pricing models and a substantial welcome deposit bonus

IQCent is an offshore binary options and CFD broker with 10+ payment methods and a $250 minimum deposit. Clients benefit from copy trading tools and in-depth market analysis.

OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
Awards
  • Best US Broker 2023 - DayTrading.com
  • Best Trading Tools winner
  • (Online Personal Wealth Awards 2021)
  • Awarded highest overall client satisfaction
  • (Investment Trends 2021 US Leverage Trading Report, Margin Forex)
  • Awarded highest client satisfaction for mobile platform/app
  • (Investment Trends 2021 US Leverage Trading Report, Margin Forex)
  • Voted Most Popular Broker 2021
  • (TradingView Broker Awards)
  • Voted Best Forex and CFD Broker 2021
  • (TradingView Broker Awards)
  • Best Binary Broker 2023 - DayTrading.com
Bonus
$5,000 welcome bonus with a deposit of $500 20% - 100% deposit bonus up to $1000
Instruments
Forex CFDs, Binary Options, Forex, Stocks, Indices, Commodities, Cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$0 $50
Payment Methods
Debit card (Visa or Mastercard), Automated Clearing (ACH), bank transfer deposits
Minimum Trade
$0 $0.01
Regulator
CFTC, NFA
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
No No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
Yes No
eSignal
No No
Trading Central
No No
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
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
FxTrade, MT4 iOS & Android
Auto Trading
EAs
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
Yes No
Inactivity Fee
$10
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • HKD
  • SGD
  • USD
  • EUR
  • GBP
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade leveraged CFDs on popular markets including stocks and commodities.
Leverage
1:30 EU, 1:200 Global 1:500
FTSE Spread
1.0 From 0.7 pips
GBPUSD Spread<
3.4 From 0.7 pips
Oil Spread
3.0 From 0.7 pips
Stocks Spread
Variable Variable
Forex Trading
Take positions on major, minor and exotic currency pairs with competitive trading conditions. IQCent offers major, minor and exotic currency pairs with tight spreads.
Forex App

The FxTrade app is OANDA’s proprietary forex trading application. One-click trading, historical price history and straightforward account management is available. Traders can speculate on 70 major, minor and exotic currency pairs. The forex app is available to download from the Apple App Store and Google Play.
GBPUSD Spread
3.4 From 0.7 pips
EURUSD Spread
1.6 From 0.7 pips
EURGBP Spread
1.7 From 0.7 pips
Assets
70 40
Cryptocurrency
Speculate on the world's biggest cryptos by market cap Trade popular crypto tokens via leveraged CFDs.
Spread
$100 Variable
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • PAXG
  • LINK
  • MATIC
  • UNI
  • AAVE
  • SOL
  • 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 high/low binary options on popular financial markets. New traders can also claim a $1000 welcome bonus.
Payout
95%
Expiry Times
1 minute - 30 days
Ladder Options
No No
Boundary Options
No No
Review
Review
OANDA Corporation is regulated by the CFTC/NFA. OANDA is a member Firm of the NFA (Member ID: 0325821). CFDs are not available to residents in the United States.
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