Deriv vs IQCent

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

Deriv vs IQCent Comparison Table 2024
Feature Deriv IQCent
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4.6
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3.7
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Summary

Deriv.com is a low cost, multi-asset broker with over 2.5 million global clients. With just a $5 minimum deposit, the firm offers CFDs, multipliers and more recently accumulators, alongside proprietary synthetic products which can't be found elsewhere. Deriv provides both its own in-house charting software and the hugely popular MetaTrader 5.

Deriv.com offers premium binary options on traditional and emerging financial markets with payouts up to 50,000 USD. Binaries are available 24/7, 365 days a year on a secure platform with responsive customer support.

CFD Trading
You can trade CFDs on popular markets, including the broker's exclusive synthetic indices which are available 24/7. There are plenty of charting tools available for technical traders, including over 20 indicators in the Deriv Trader platform. New users can also open an account and start trading CFDs instantly.

Forex Trading
Clients can go long or short on a string of major, minor and exotic currency pairs. Spreads on EUR/USD are competitive at 0.5 pips, only marginally trailing the 0.4-pip spreads at alternatives like Alpari. Forex CFDs are available via MT5 and multipliers on the broker's beginner-friendly DTrader.

Crypto Trading
Deriv.com continues to offer a strong selection of 30+ crypto pairs - this is more than double the range offered at our leading competitor, IQ Cent. 1:2 leverage is also available so you can magnify potential returns, and there are no commissions which is ideal for newer day traders.

IQCent is an offshore binary options and CFD broker based in the Marshall Islands. The brand continues to offer a range of unique account types with bonuses and perks, including payout boosts, TradeBacks and free rollovers. With 100+ assets, around-the-clock trading and 98% payouts, the firm is popular with aspiring short-term traders.

IQCent offers binary options with above-average payouts up to 98%. The broker supports an online platform with basic analysis tools but a wide range of timeframes, from 1 minute to 1 month, catering to short and long term trading strategies. Considering the negatives, there are no binaries on stocks.

CFD Trading
CFDs are available on forex, indices, commodities and cryptos, although the range of 100+ instruments is limited compared to alternatives such as Quotex with 400+. Leverage is available up to 1:500 but the $250 minimum deposit is noticeably higher than competitors.

Forex Trading
IQCent traders can access CFDs or binary options on 45+ forex pairs. CFD spreads start from 0.3 pips and binary options payouts are decent up to 95%. This is competitive compared to Pocket Option, for example, offering forex payouts up to only 81%.

Crypto Trading
IQCent offers 17 crypto pairs through its proprietary terminal, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is capped at 1:10, whilst binary options payouts vary by token but remain competitive. OTC assets, for example, pay out up to 95%.

Awards
  • Best Binary Broker 2023 - DayTrading.com
Bonus None 20% to 200% Deposit Bonus
Instruments CFDs, Multipliers, Forex, Stocks, Indices, Commodities Binary Options, CFDs, Forex, Indices, Commodities, Crypto
Demo Account Yes Yes
Minimum Deposit $5 $250
Minimum Trade 0.01 Lots $0.01
Expiry Times 15 seconds to 365 days 5 seconds - 1 month
Ladder Binary Options Yes No
Boundary Binary Options Yes No
Payment Methods
  • Airtm
  • AstroPay
  • Banxa
  • Boleto
  • Credit Card
  • Diners Club
  • FasaPay
  • JCB Card
  • JetonCash
  • Maestro
  • Mastercard
  • Neteller
  • Paysafecard
  • Paytrust
  • Perfect Money
  • Przelewy24
  • Skrill
  • Sticpay
  • Trustly
  • Visa
  • Volet
  • WebMoney
  • Wire Transfer
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Visa
  • Wire Transfer
Regulator MFSA, LFSA, VFSC, BFSC IFMRRC
Mobile Apps iOS & Android iOS & Android
Auto Trading Expert Advisors (EAs) on MetaTrader, DBots No
Copy Trading Yes Yes
Social Trading No Yes
Margin Trading Yes Yes
MetaTrader 4 No No
MetaTrader 5 Yes No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView Yes Yes
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 Yes No
Market Maker No No
P2P Trading No No
Spot Trading Yes No
Trade Signals DMT5
VPS Hosting No No
Tournaments No Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account No No
Account Currencies USD, EUR, GBP, AUD USD, EUR
Stock Exchanges
  • Australian Securities Exchange (ASX)
  • Dow Jones
  • Japan Exchange Group
  • Nasdaq
  • New York Stock Exchange
  • Dow Jones
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange
Commodities
  • Gold
  • Oil
  • Silver
  • Precious Metals
  • Gold
  • Copper
  • Oil
CFD Trading Yes Yes
CFD Leverage 1:1000 1:500
CFD FTSE Spread 0.5 1.4
CFD GBPUSD Spread 0.5 0.8
CFD Oil Spread 0.018 0.05
CFD Stocks Spread 0.07
Forex Trading Yes Yes
Forex GBPUSD Spread 0.5 0.8
Forex EURUSD Spread 0.5 0.3
Forex EURGBP Spread 0.5 0.8
Forex Assets 30+ 49
Crypto Trading Yes Yes
Crypto Spread From 0.5 Variable
Crypto Coins
  • BTC
  • ETH
  • LTC
  • USDC
  • USDT
  • BNB
  • BTC
  • DOGE
  • ETC
  • ETH
  • LTC
  • MATIC
  • QNT
  • SOL
  • USDT
  • XMR
  • XRP
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
4.6
United States Flag
United States NOT accepted
» Visit
rating empty
rating full
3.7
United States Flag
United States accepted
» Visit

FAQ

Is Deriv or IQCent better?

Overall we have rated Deriv (91%) higher than IQCent (73%), but there are additional factors to take into consideration. For example, does Deriv 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 Deriv or IQCent is best for you.