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 | GC Option | |
|---|---|---|
| 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. | GC Option is a binary options broker offering contracts with adjustable lengths and payouts up to 86% on 27 instruments. It is among the few brokers supporting MetaTrader 4, alongside two proprietary platforms. GC Option provides easy-to-use binary options with 86% payouts and options in forex, metals, and cryptocurrencies. The broker is notable for its top-notch trading software and access to short-term contracts from 60 seconds to 48 hours. Forex trading: GC Option provides binary options on over 25 currency pairs, including major and minor pairs, and metals paired with USD. Unlike regular forex trading, users predict if a currency's price will rise or fall. Successful predictions can lead to payouts of over 80%, while incorrect ones may result in losing the entire investment. Crypto trading: Trade popular crypto tokens with simple binary options. Decide if the price of tokens like Bitcoin will go up or down, starting with just a $1 stake. |
| Warning | We do not recommend IQCent due to high volumes of withdrawal complaints and regulatory warnings. | – |
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | Binary Options on Forex, Metals and Cryptos |
| Demo account | Yes | Yes |
| Minimum deposit | $250 | $10 |
| Minimum trade | $0.01 | $1 |
| Max payout | 98% | 86% |
| Expiry times | 5 seconds - 1 month | 1 minute - 48 hours |
| Ladder options | No | No |
| Boundary options | No | No |
| Platforms & tools | ||
| Mobile apps | iOS & Android via mobile web trader | iOS & Android via mobile web trader |
| 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. | Like many binary brands, GC Option lacks a dedicated app. You can conduct short-term trades via mobile browsers. The mobile trading setup is average, with charts that can be difficult to use effectively. It is adequate for managing accounts but doesn't match top industry standards. |
| MetaTrader 4 | No | Yes |
| 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 | No |
| Social trading | Yes | No |
| AI / machine learning | Yes | No |
| Robo advisor | No | No |
| 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 | Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Google Pay, Mastercard, Wire Transfer |
| Account currencies | USD, EUR | USD, EUR, GBP, JPY, RUB |
| 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 | No |
| 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 | – |
| Commodities | Gold, Copper, Oil, Silver | Gold, 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 | Variable |
| Forex EURUSD spread | 0.3 | Variable |
| Forex EURGBP spread | 0.8 | Variable |
| Forex assets | 55+ | 25+ |
| Crypto trading | Yes | Yes |
| Crypto spread | Variable | Variable |
| Crypto coins | BNB, BTC, DOGE, ETC, ETH, LTC, MATIC, QNT, SOL, USDT, XMR, XRP | BCH, BNB, BTC, DSH, ETC, ETH, XMR, ZEC |
| 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 GC Option better?
We have rated GC Option (65%) higher than IQCent (45%), but the overall rating can't be the only determining factor. For example, does GC Option 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 GC Option is best for you.
VisitYour capital is at risk.