Overview
IQcent combines fixed-time options with CFD trading on one proprietary platform. It is known for tiny minimum trade sizes and a tiered account structure.
Regulation
IQcent is reported to be operated by Wave Makers Ltd in the Marshall Islands and holds no licence from a financial regulator. It refers to IFMRRC, a private organisation that is not a regulator. Third-party reviewers report warnings from regulators; we have not verified them.
Availability
US residents are excluded, along with the countries excluded for all brokers in this ranking.
Minimum deposit
From USD 10 in some regions; up to USD 250 elsewhere, so check the cashier for your country.
Minimum trade
USD 0.01.
Assets
Currencies, crypto, commodities and indices.
Trading platform
A web trader with binary and CFD modes, plus copy trading from about USD 20.
Mobile app
Mobile apps and a mobile web version.
Deposits
Cards and crypto. Card deposits are reported to carry a 5% fee; crypto is free.
Withdrawals
Minimum withdrawal reported at USD 20; faster on higher tiers.
Fees
Card deposit fee (reported 5%), possible crypto CFD commissions; bonuses carry turnover conditions.
Customer support
Live chat and email.
Security
No regulator or dispute body stands behind client funds.
Registration
Email sign-up; ID documents before withdrawal.
Pros & cons
Pros
- +Trades from USD 0.01
- +Copy-trading feature
- +Payouts advertised up to 95%
- +Crypto deposits accepted
Cons
- −No regulator; cites a private organisation (IFMRRC)
- −Minimum deposit varies by region, up to USD 250
- −Card deposits reported to carry a 5% fee
- −Third-party reports of regulator warnings
Verdict
IQcent suits people who want to place very small trades or copy others, but region-dependent deposits, card fees and no oversight keep it near the bottom of our ranking.
Score breakdown
- Platform & apps3.9
- Costs & minimums3.2
- Payments3.8
- Support3.6
- Regulation & transparency1.5
Best alternatives to IQcent
Pocket Option 4.1/5Choose it for the lowest minimum deposit and built-in social trading.
IQ Option 4.0/5Choose it for the strongest platform, a desktop app and digital options with adjustable strikes.
Expert Option 3.7/5Choose it for the simplest interface and solid native mobile apps.
Olymp Trade 3.9/5Choose it for a mature platform, apps and a government-registered entity in Vanuatu.
Binomo 3.7/5Choose it for tournaments, a USD 10 start and many local payment methods.
Binarium 3.4/5Choose it to test with only USD 5 and for long expiries up to 3 months.
BinaryCent 3.0/5Choose it for weekly tournaments if you have a larger budget.
FAQ
Is IQcent regulated?
No. It cites IFMRRC, a private organisation, not a financial regulator.
What is IQcent's minimum deposit?
It depends on your region, from about USD 10 to USD 250.
What is the smallest trade on IQcent?
USD 0.01.
Can I trade binary options from Saudi Arabia?
The brokers in this ranking accept residents of Saudi Arabia under their own terms. None is licensed locally, so you trade outside Saudi Arabia's investor protection.
Sources: BinaryOptions.net – IQcent (tiers, payout, regulator warnings)BinaryTrading.com – IQcent (Wave Makers Ltd, card fee, min. withdrawal)TopRatedFX – IQcent (min. deposit by region)
