Summary: IQCent is the better pick
Only IQCent accepts traders from United States, so it’s the one to pick here.
IQCent
Accepts traders from United States
- Min deposit
- $250
- Max payout
- 98%
| IQCent | Binomo | |
|---|---|---|
| Overview | ||
| Summary | IQCent, based in the Marshall Islands, is an offshore broker for binary options. It offers various account types with payout boosts, TradeBacks, and free rollovers. With over 175 assets, 24/7 trading, and 98% payouts, it attracts short-term traders. IQCent provides binary options with payouts up to 98%. The broker offers an online platform with basic analysis tools and various timeframes from 1 minute to 1 month, suitable for both short and long-term trading. However, there are no binary options for stocks. CFD trading: CFDs are offered on forex, indices, commodities, and cryptos, but the 175+ instruments are fewer compared to options like Quotex with over 400. Leverage is up to 1:500, but the $250 minimum deposit is higher than rivals. Forex trading: IQCent traders have access to binary options on over 55 forex pairs, including exotics like MXN and HUF starting in 2025. Payouts for binary options on currency pairs can reach up to 95%. The web-based platform is user-friendly and ideal for new traders. Crypto trading: IQCent provides various crypto binary assets paired with USDT, including Bitcoin and Trump hype, offering payouts up to 1500%, the highest on any binary platform. Its mix of OTC and non-OTC crypto binaries allows for 24/7 trading, and our tests showed the platform runs quickly with little delay. | Binomo is a binary options broker providing trading in forex, stocks, and indices through high/low contracts on an easy-to-use online platform. It offers payouts up to 90% with dependable service. Established in 2014, it is based offshore. Binomo provides 24/7 binary options trading, even on weekends. Trade short-term price changes in popular markets like stocks and currencies. Enjoy competitive payouts up to 90%, with contracts starting at just 1 minute. Forex trading: Binomo offers a competitive range of currencies from majors like EUR/USD to exotics like EUR/MXN. With contract times of 1 minute to 1 hour, this broker suits short-term forex binary options traders. Crypto trading: Binomo provides 24/7 fixed-time trading on a limited number of major cryptocurrencies, such as Bitcoin. This is much less than platforms like Focus Option, which offers over 80 digital tokens. |
| Warning | We do not recommend IQCent due to high volumes of withdrawal complaints and regulatory warnings. | – |
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | Fixed Time Trades |
| Demo account | Yes | Yes |
| Minimum deposit | $250 | $10 |
| Minimum trade | $0.01 | $1 |
| Max payout | 98% | 90% 99% via Dynamic Range Trading for VIPs |
| Expiry times | 5 seconds - 1 month | 1 minute - 60 minutes |
| Ladder options | No | No |
| Boundary options | No | Yes |
| Platforms & tools | ||
| Mobile apps | iOS & Android via mobile web trader | iOS & Android (plus APK) |
| Mobile trading | IQCent provides mobile trading via major browsers with an intuitive design. You can easily manage your account, view assets, and trade binaries with a few clicks. The copy trading feature is easily accessible at the bottom, and interactive charts are available for zooming. | The Binomo app stands out with a full set of features, including a risk-free demo account and over 30 tools for technical analysis, allowing both new and experienced traders to navigate the markets confidently. It also offers a wide range of assets in different markets and the ability to use CFDs, providing many opportunities, all while having 24/7 support access. |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| TradingView | Yes | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Auto trading | Yes | – |
| Copy trading | Yes | Yes |
| Social trading | Yes | No |
| AI / machine learning | Yes | No |
| Robo advisor | No | No |
| Trade signals | – | Yes |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | American Express, Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Google Pay, Mastercard, Visa, Wire Transfer | Credit Card, Doku Wallet, Google Pay, JCB Card, JetonCash, Mastercard, Perfect Money, Skrill |
| Account currencies | USD, EUR | USD, EUR |
| 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 |
| Islamic account | No | No |
| Negative balance protection | No | No |
| Market maker | No | No |
| Margin trading | Yes | No |
| Tournaments | Yes | Yes |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | Dow Jones, FTSE UK Index, Hong Kong Stock Exchange, IBEX 35, Nasdaq, S&P 500, SIX Swiss Exchange | Dow Jones, Nasdaq, New York Stock Exchange |
| Commodities | Gold, Copper, Oil, Silver | Gold, Oil, Silver |
| Spot trading | No | No |
| P2P trading | No | No |
| CFD trading | Yes | No |
| CFD leverage | 1:500 | – |
| CFD FTSE spread | 1.4 | – |
| CFD GBPUSD spread | 0.8 | – |
| CFD oil spread | 0.05 | – |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | 0.8 | – |
| Forex EURUSD spread | 0.3 | – |
| Forex EURGBP spread | 0.8 | – |
| Forex assets | 55+ | 19 |
| Crypto trading | Yes | Yes |
| Crypto spread | Variable | – |
| Crypto coins | BNB, BTC, DOGE, ETC, ETH, LTC, MATIC, QNT, SOL, USDT, XMR, XRP | ADA, BCH, BTC, LTC |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Visit | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is IQCent or Binomo better?
We have rated Binomo (67%) higher than IQCent (45%), but the overall rating can't be the only determining factor. For example, does Binomo accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if IQCent or Binomo is best for you.
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