Closeoption vs IQCent

Compare Closeoption and IQCent in this side-by-side table listing each broker’s features, platforms, instruments and much more.

Closeoption vs IQCent Comparison Table 2023
Feature Closeoption IQCent
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3.8
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United States accepted
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3.7
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United States accepted
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Summary

CloseOption is a Georgia-headquartered broker with over a decade in the trading industry. The brand offers high/low binary options trading on forex and crypto markets, with decent payouts, welcome bonuses, 24/7 customer support and intuitive trading software.

CloseOption offers binary options trading on 30+ fiat and digital currencies through an easy-to-use web-based platform. 15 contract timeframes are available from 30 seconds to 1 month, suiting both short-term and long-term traders. New users also get a joining gift.

Forex Trading
CloseOption offers binaries on 25+ forex pairs, including majors like EUR/USD and a few minors like AUD/JPY. Payouts vary by currency, with decent typical payouts of 75% for GBP/USD.

Crypto Trading
CloseOption traders can access high/low binary options on five major cryptos all paired with USD. Payouts of 40% are available due to digital assets' high market volatility, which compares well with rivals.

IQCent is an offshore binary options and CFD broker based in the Marshall Islands with 10+ payment methods and a low $50 starting deposit. With 100+ assets, around the clock trading and high payouts the brand is popular with aspiring short-term traders.

IQCent offers binary options on forex, stocks, cryptocurrencies and commodities with high payouts up to 98%. The broker uses a proprietary platform with advanced analysis tools and traders can choose contract timeframes ranging from 5 seconds to months, appealing to both short and long term traders.

CFD Trading
IQCent CFDs are available on forex, indices, commodities and cryptos with leverage variable by asset to a maximum of 1:500, which is higher than many alternatives. 24/7 customer support is also available to assist new users.

Forex Trading
IQCent traders can access CFDs or binary options on 40+ forex pairs, including majors, minors and exotics. CFD spreads start from 0.7 pips and binary options payouts are decent up to 95%. Trading takes place through the broker's proprietary platform with advanced analysis tools.

Crypto Trading
IQCent offers 17 crypto assets through its own platform, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is limited to 1:10 while binary options payouts vary by token but are competitive.

Awards
  • Best Binary Broker 2023 - DayTrading.com
Bonus $10 Welcome Gift 20% to 200% Deposit Bonus
Instruments Binary Options on Forex & Cryptos Binary Options, CFDs, Forex, Indices, Commodities, Crypto
Demo Account Yes Yes
Minimum Deposit $5 $250
Minimum Trade $1 $0.01
Expiry Times 30 seconds - 1 month 5 seconds - 30 days
Ladder Binary Options No No
Boundary Binary Options No No
Payment Methods
  • Bitcoin Payments
  • Ethereum Payments
  • Mastercard
  • PayPal
  • Perfect Money
  • WebMoney
  • Wire Transfer
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Visa
  • Wire Transfer
Regulator National Bank of Georgia IFMRRC
Mobile Apps iOS & Android
Auto Trading No
Copy Trading No Yes
Social Trading No Yes
Margin Trading No Yes
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView No No
Autochartist No 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 No No
P2P Trading No No
Spot Trading No No
Trade Signals TradingView
VPS Hosting No No
Tournaments No Yes
Demo Competitions Yes No
Ethical Investing No No
Islamic Account No No
Account Currencies USD USD, EUR, GBP, AUD, RUB
Stock Exchanges
  • DAX GER 40 Index
  • Dow Jones
  • FTSE UK Index
  • Nasdaq
  • S&P 500
Commodities
  • Gold
  • Silver
  • Copper
  • Oil
CFD Trading No Yes
CFD Leverage 1:500
CFD FTSE Spread 0.7
CFD GBPUSD Spread 0.7
CFD Oil Spread 0.7
Forex Trading Yes Yes
Forex GBPUSD Spread No fee - payouts approx. 80% (Copper) 0.7
Forex EURUSD Spread No fee - payouts approx. 80% (Copper) 0.7
Forex EURGBP Spread No fee - payouts approx. 80% (Copper) 0.7
Forex Assets 20+ 40
Crypto Trading Yes Yes
Crypto Spread No fee - payouts approx. 40% (Copper) Variable
Crypto Coins
  • BCH
  • BTC
  • ETH
  • LTC
  • XBT
  • BTC
  • ETH
  • LTC
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
3.8
United States Flag
United States accepted
» Visit
rating empty
rating full
3.7
United States Flag
United States accepted
» Visit

FAQ

Is Closeoption or IQCent better?

Overall we have rated Closeoption (75%) higher than IQCent (73%), but there are additional factors to take into consideration. For example, does Closeoption accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use our easy comparison table to see if Closeoption or IQCent is best for you.