IQCent Review 2024: Key Features & Alternatives

IQCent broker allows users to trade many different types of securities and a low minimum trade size of $0.01. On IQCent, you can trade over 100 different instruments, including CFDs on currency pairs, commodities, indices, crypto, and binary options. 

They have a proprietary platform with built-in technical analysis so you can do both standalone and copy trading from other successful traders. Plus, they don’t charge commissions on deposits, withdrawals for cryptocurrency, or maintaining a trading account. 

They are not very regulated, so some don’t think that it’s smart to trade on the platform, while plenty of others continue to use it an earn valuable prizes and earnings. Continue reading below as we dive deeper into the features of the platform with our IQCent review.

IQCent Advantages

Let’s take a look at some of the main advantages of this site if you want to start trading in the financial markets with IQCent’s trading platform. 

User-friendly Trading Platform

IQCent is a user-friendly trading platform that is even suitable for beginners who want to get started in the forex market. It doesn’t involve downloading software onto your computer, so you can trade from any device, whenever you want. 

Many Bonus Programs

IQCent offers users many ways to earn aside from just their binary options trading strategies. This can give them fun ways to earn extra income through a trading bonus. All accounts on the IQCent platform are automatically entered in contests each week,  

3 Risk-Free Trades!

Traders who have Silver and Gold accounts can get up to three risk-free trades, which is a great benefit to many traders who are trying out new strategies.  

24/7 Customer Support Live Chat

IQcent offers support 24/7 for its users, which is great for an online broker that offers services to customers around the globe. 

IQCent Trading Platform Key Features

Now let’s review some of the top features that you can find on IQCent. 

Various Investment Options

There are over 100 different investment options available on IQCent, which is something we noticed in our IQCent review. 

Trading Account Types

They provide services with a number of different accounts, which allows traders to find the one that suits their needs and budget best based on what IQCent charges for the various accounts.

Account Types	Bronze Account	Silver Account	Gold Account
Guaranteed Withdrawals	Within 1 hour	Within 1 hour	Within 1 hour
Bonus	+20%	+50%	+100%
Copy Trading Tool
Demo Account
24/7 Live Chat Support
Master Class
First 3 Risk-free Trades
Personal Success Manager

Fees & Commissions

One of the great aspects of IQcent is that they don’t charge any commissions on withdrawals or deposits, which makes the platform even more budget-friendly for consumers. 

• Bronze Account: When you open this account,  it includes 24/7 live video chat support, withdrawals in an hour, bonuses of up to +20%, a demo account, and a copy trading tool. 
• Silver Account: The next option up is the Silver tier, which includes all the same features as the Bronze tier, but also bonuses of up to +50%, a Master Class web session, and up to 3 trades risk-free. 
• Gold Account: Lastly, the highest tier that IQCent offers is the Gold Account. It includes all the features of the Silver offering, but it also includes bonuses of up to +100% and a personal success manager. 

Deposit & Withdrawal

A withdrawal request on IQCent is fulfilled in less than an hour, which are 3D Secure-enabled, verified by Visa and MasterCard Secure Code, and SSL-certified 256-bit Secure Processing. When you want to make a deposit, you can use cards and a number of different crypto coins. Plus, the minimum deposit ranges from $20-$50, depending on where you live. 

24/7 Support In 6 Languages

Another great feature of IQCent is that they have a translator for their support services, which means their customers around the globe can get the support they need in the appropriate language. Not all brokers will offer this, and some have different methods for providing support to their customers, though this is a great thing we’ve seen on IQCent when you have an account.

IQCent Quick Overview

4.5 stars

Best Overall Value

• Good asset selection on the IQCent website
• 24/7 customer support
• Withdrawal requests made in less than 1 hour

Visit Broker

IQCent Customer Reviews

Let’s take a look at what customers have to say about IQCent on Trustpilot. It’s important to know that the negative reviews outweigh the positives, so we’ll highlight what they have to say here.

Its been a month and several messages to the finance department, no sign of my payment. They don’t update me or say anything. They allow you to just sit for weeks with no communication. They make you chase after them and give you excuses.

Jay

Do not use IQ Cent! Very spikey, randomly changes domains with no notice before or after. Staff are unintelligent, always “there” to answer but don’t answer anything. The email they say to contact doesn’t even exist, what a joke. Copy trading drains your account.

Kiver

A good platform. I have yet to understand how it works, but it is intuitively simple in general. I only gave four out of five stars because I needed help understanding how to make a deposit. And quite a decent service.

Jonatan

Very convenient broker! Amazing design! Very easy steps how to fund the account and moreover very pleasant, friendly and helpful customer service. I will definitely recommend this broker to my friends!

Elly

IQCent Service Review

Let’s take a final review at whether IQCent is a good fit for you or not if you want to start trading for potential profit. 

Is IQCent Right For You?

IQCent is intuitive and easy to use, making it a good platform for new traders to gain access to the markets and invest money in foreign currency stock indices, and more. They offer a few different accounts, a number of different ways to earn money through bonuses and contests, and other helpful resources to help you get started. They aren’t regulated, so this is something to be aware of when you’re comparing them to other brokers online.   

Cost Value 

Since IQCent doesn’t charge commissions on deposits or withdrawals, they offer a good amount of cost value that is fair for customers. They offer a number of different accounts which allows you to find the option that’s right for you. 

Customer Service

They offer 24/7 customer support and even have a built-in translator in the chat so that its global customers can get the support they need when they need it during a web session. Plus, they have a feedback form where you can submit questions or concerns to the team for their review.  

Ease of Use

The ease of use is one of the things that draws users to IQCent over other financial institutions. They have a good amount of helpful resources and educational materials for beginners to learn from and get introduced to these markets through publicly-available reports. 

Included Features

There are many great features included with IQCent, including technical and fundamental analysis, an economic calendar, a web terminal, and many securities that you can buy and sell from the platform. 

Overall

There are many online brokers and trading platforms where you can trade CFDs, currency pairs, and digital currencies, though IQCent is a commonly used option. It’s important to note that IQcent is not under any regulatory body, so it’s not as trusted as some of the other brokers are. So, if making profits securely is one of your priorities, IQCent may not be the right place for you to make an account.

2 Top IQCent Alternatives

	Pocket Option	Quotex	IQCent
Minimum Funding	$5	$10	$20 to $50 (depend on region)
Demo Account
Rating	4.8	4.7	4.5
Detail	Read Review	Read Review	Read Review
Link	Visit Broker		Visit Broker

Pocket Option

Pocket Option is another broker where you can trade binary options, and is a part of Gembell Limited Holding. The platform is mass-market requirements-based, so it has great services and account types in the OTC markets. Overall, Pocket Option tries to make trading easy, clear, and straightforward to provide a stable experience for users. 

Quotex

Quotex is an online broker that supports binary options trading for customers. It has been around since 2019 and allows customers to trade currency paries, metals, oil, cryptocurrencies, stock indices, and more. 

They have their own proprietary trading platform that can be customized by users with ease. The minimum deposit is just $10 to get started, which makes it accessible for many people. Plus, they have 24/7 support to help users, as well as two-factor authentication for added security for your financial assets.

Read more: Best Binary Options Brokers & Trading Platforms 2024

Conclusion

Trading binary options isn’t the most secure or guaranteed way to make passive income, no matter what platform you’re using, though many people still decide to take the risk given the current financial markets, price changes, and the potential that you can earn compared to other assets. IQCent is an option you can use, though we will note that they aren’t highly regulated and have garnered a good amount of negative reviews. So, utilize the site at your own risk.

Frequently Asked Questions (FAQs)