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%
| Deriv | IQCent | |
|---|---|---|
| Overview | ||
| Summary | Founded in 1999, Deriv is an innovative broker with over 2.5 million clients worldwide. It offers CFDs, multipliers, and recently, accumulators. Its unique derived products allow flexible short-term trading options. Deriv.com provides high-quality binary options for both traditional and emerging financial markets, with payouts up to 50,000 USD. Binary options are available 24/7, year-round, along with continuous customer support and a highly efficient trading platform. CFD trading: Since expanding its CFDs in 2023, Deriv now allows trading on both rising and falling prices in numerous global markets. This includes exclusive synthetic indices that mimic real markets and operate 24/7 for more trading opportunities. Forex trading: Deriv now offers clients the ability to trade over 40 major, minor, and exotic currency pairs. EUR/USD spreads are competitive at 0.44 pips since being reduced in 2021. Forex CFDs are accessible through MT5 and multipliers on the user-friendly Deriv Trader. Crypto trading: Deriv.com offers over 30 crypto pairs, which is more than competitors like IQ Cent. It's one of the few binary providers offering different ways to trade cryptos, including leverage up to 1:2, increasing potential gains and losses. Deriv Trader features a smooth interface with clear charting tools for analyzing short-term crypto price changes. | 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. |
| Warning | – | We do not recommend IQCent due to high volumes of withdrawal complaints and regulatory warnings. |
| Awards |
| – |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC | – |
| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs | Binary Options, CFDs, Forex, Indices, Commodities, Crypto |
| Demo account | Yes | Yes |
| Minimum deposit | $5 | $250 |
| Minimum trade | 0.01 Lots | $0.01 |
| Max payout | 100% | 98% |
| Expiry times | 15 seconds - 365 days | 5 seconds - 1 month |
| Ladder options | Yes | No |
| Boundary options | Yes | No |
| Platforms & tools | ||
| Mobile apps | Android, iOS (plus progressive web app) | iOS & Android via mobile web trader |
| Mobile trading | Deriv stands out for its simple app design, improved in 2025 with better position management and clearer contract details. It offers diverse trading options, including traditional markets and unique indices simulating real markets, available 24/7, even on weekends. The in-app chat support is fast and dependable, aiding new users effectively. These features helped Deriv win DayTrading.com's 'Best Trading App' award in 2025. | 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. |
| MetaTrader 4 | No | No |
| MetaTrader 5 | Yes | No |
| cTrader | Yes | No |
| TradingView | Yes | Yes |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Auto trading | Expert Advisors (EAs) on MetaTrader, DBots | Yes |
| Copy trading | No | Yes |
| Social trading | No | Yes |
| AI / machine learning | Yes | Yes |
| Robo advisor | No | No |
| Trade signals | Yes | – |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | Airtel, Airtm, AstroPay, Banxa, Bitcoin Payments, Boleto, Credit Card, Diners Club, FasaPay, JCB Card, JetonCash, M-Pesa, Maestro, Mastercard, Neteller, Perfect Money, PIX Payment, Przelewy24, Skrill, Sticpay, Trustly, Visa, Volet, WebMoney, Wire Transfer | American Express, Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Google Pay, Mastercard, Visa, Wire Transfer |
| Account currencies | USD, EUR, GBP | 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 | Yes | No |
| Negative balance protection | Yes | No |
| Market maker | Yes | No |
| Margin trading | Yes | Yes |
| Tournaments | No | Yes |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | Australian Securities Exchange (ASX), CAC 40 Index France, DAX GER 40 Index, Dow Jones, Euronext, FTSE UK Index, Hang Seng, IBEX 35, Japan Exchange Group, Nasdaq, New York Stock Exchange, Russell 2000, S&P 500, Shanghai Stock Exchange, Shenzhen Stock Exchange, SIX Swiss 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, Copper, Lead, Cotton, Coffee, Natural Gas, Sugar, Cocoa, Nickel, Palladium, Platinum, Zinc | Gold, Copper, Oil, Silver |
| Spot trading | Yes | No |
| P2P trading | No | No |
| CFD trading | Yes | Yes |
| CFD leverage | 1:1000 (varies by region) | 1:500 |
| CFD FTSE spread | 1.28 | 1.4 |
| CFD GBPUSD spread | 1.4 | 0.8 |
| CFD oil spread | 0.02 | 0.05 |
| CFD stocks spread | 0.59 (Apple) | – |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | 1.4 | 0.8 |
| Forex EURUSD spread | 1.4 | 0.3 |
| Forex EURGBP spread | 1.0 | 0.8 |
| Forex assets | 40+ | 55+ |
| Crypto trading | Yes | Yes |
| Crypto spread | From 0.5 | Variable |
| Crypto coins | ADA, ALG, AVA, BAT, BCH, BNB, BTC, DOG, DOT, DSH, EOS, ETC, ETH, FIL, IOT, LNK, LTC, MKR, NEO, OMG, SOL, TRX, UNI, XLM, XMR, XRP, XTZ, ZEC | 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 |
| Visit | Read review | Visit |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is Deriv or IQCent better?
Overall we have rated Deriv (91%) higher than IQCent (45%), 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 comparison table to see if Deriv or IQCent is best for you.
VisitYour capital is at risk.