IQ Option vs BinaryCent
Compare IQ Option and BinaryCent in this side-by-side table listing each broker’s features, platforms, instruments and much more.
Feature | IQ Option | BinaryCent |
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![]() ![]() United States NOT accepted |
![]() ![]() United States accepted |
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Summary | IQ Option is a reliable broker offering multi-asset trading via its easy-to-use platform. It allows trading in forex, stocks, cryptos, indices, commodities, and ETFs with low fees, plus extra features and educational resources. An account can be opened with only $10. CFD Trading Forex Trading Crypto Trading |
BinaryCent is an unregulated broker offering 24/7 trading on forex, cryptocurrencies, and stocks with payouts up to 95%. It prioritizes client security by storing funds in European banks. Additionally, the broker provides CFDs with leverage up to 1:500. BinaryCent offers binary options trading across various markets via a user-friendly platform. Traders can start with just $0.10 per trade and earn up to 95% payouts, making it ideal for casual and low-capital traders seeking profit opportunities. CFD Trading Forex Trading Crypto Trading |
Warning | RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK | |
Awards |
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Bonus | None | 20% - 200% deposit bonus |
Instruments | CFD, Forex, Crypto, Stocks, Digital Options | Binary Options, Forex, CFD, Stocks, Crypto, Options |
Demo Account | Yes | Yes |
Minimum Deposit | $10 | $250 |
Minimum Trade | 0.001 Lots | $0.01 |
Expiry Times | 5 seconds - 30 days | |
Ladder Binary Options | Yes | No |
Boundary Binary Options | Yes | Yes |
Payment Methods |
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Regulator | VFSC | |
Mobile Apps | iOS, Android and Windows | iOS, Android |
Mobile Trading | IQ Option offers an easy-to-use mobile app for forex and their own trading instruments, providing a smooth, secure platform for short-term trades. Recent updates have harmonized the interface of both the web and mobile platforms, allowing effortless switching between them. | BinaryCent, like most binary brokers, does not offer its own app, only trading via mobile browsers. This results in an average workspace with clear graphics, one-tap trading, and copy trading access from the bottom menu. However, charts do not adjust well in landscape mode, and pop-up promotions were distracting in tests, affecting the overall user experience. |
Auto Trading | Centobot for binary options | |
Copy Trading | No | Yes |
Social Trading | No | Yes |
Margin Trading | Yes | Yes |
Margin Rate | 0.2% | |
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 | Yes | No |
Market Maker | Yes | No |
P2P Trading | No | No |
Spot Trading | No | Yes |
VPS Hosting | No | No |
Tournaments | Yes | Yes |
Demo Competitions | No | No |
Ethical Investing | No | No |
Islamic Account | Yes | No |
Account Currencies | USD, EUR, GBP, ZAR | USD |
Stock Exchanges |
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Commodities |
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CFD Trading | Yes | Yes |
CFD Leverage | 1:500 | 1:500 |
CFD FTSE Spread | Floating | |
CFD GBPUSD Spread | 1 | Floating |
CFD Oil Spread | 2.3 | Floating |
CFD Stocks Spread | 2 | Floating |
Forex Trading | Yes | Yes |
Forex GBPUSD Spread | 5 pips | Floating |
Forex EURUSD Spread | 14 pips | Floating |
Forex EURGBP Spread | 15 pips | Floating |
Forex Assets | 60+ | 25+ |
Crypto Trading | Yes | Yes |
Crypto Spread | BTC 7%, ETH 12% (Var) | |
Crypto Coins |
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Crypto Lending | No | No |
Crypto Mining | No | No |
Crypto Staking | No | No |
Crypto Auto Market Maker | No | No |
![]() ![]() United States NOT accepted |
![]() ![]() United States accepted |