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.

IQ Option vs BinaryCent Comparison Table 2024
Feature IQ Option BinaryCent
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Summary

IQ Option is a trusted broker with multi-asset trading on its user-friendly proprietary platform. The broker provides trading on forex, stocks, cryptos, indices, commodities and ETFs with competitive fees and a good suite of extra features and educational content. You can also open an account with just $10.

IQ Option is a top-rated binary options and digital trading broker. Trade on a user-friendly platform with a low starting deposit. Simply decide whether the price of an asset will go up or down to win a predetermined payout up to 90%+.

CFD Trading
IQ Option deals primarily in CFDs, which are available on stocks, forex, cryptocurrencies and several other markets. The leverage available is in line with EU restrictions, to a maximum of 1:30 on major forex pairs but with less available on more volatile assets. Trades are commission-free with floating spreads and clients can use the award-winning platform.

Forex Trading
IQ Option offers CFD trading on 24 forex assets, including major pairs and some minors. EU traders can access a maximum of 1:30 leverage in line with local regulations. The broker offers commission-free trades but spreads are on the high side so the brand does not excel in this area.

Crypto Trading
IQ Option is a leading crypto broker. They offer multipliers and a huge range of digital currency markets, including Bitcoin, Ethereum, and Cardano. Leverage of up to 1:2 is available with a variable spread and no commission. Newer traders will also rate the intuitive trading software.

BinaryCent is an unregulated binary options broker that offers 24/7 trading on forex, cryptos and stocks with payouts up to 95%. Despite its lack of regulation, this broker takes client security seriously and stores client funds in European banks. The broker also offers CFDs with very high leverage up to 1:500.

BinaryCent provides binary options trading on a range of markets through a slick proprietary platform. Traders can invest as little as $0.10 per trade and earn payouts up to 95%, and these are excellent terms that accommodate casual and low-capital traders while allowing profit opportunities.

CFD Trading
You can take positions on a range of popular trading markets including forex, stocks, energies and metals. Leverage is high at 1:500 and live spreads can be viewed in the web-accessible platform and app.

Forex Trading
Trade 24 forex pairs via binary options. Such a small range of currency pairs is not that unusual among binary options brokers, and BinaryCent's high payouts up to 95% compensate for the lack of range.

Crypto Trading
BinaryCent offers trading on a decent list of cryptocurrencies, including major tokens like Bitcoin. The broker also accepts crypto deposits and withdrawals, making it straightforward to fund, trade and manage your activities in digital currencies.

Warning RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK
Awards
  • Most Trusted Broker 2017, 2018, 2019, 2020 - BinaryOptions.net
  • Best Binary Broker 2021 - DayTrading.com
  • Tech Finance - Journal Award - 2015
  • iFX Expo Asia Award - 2016
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
  • Alipay
  • Boleto
  • Credit Card
  • GlobePay
  • Maestro
  • MoneyGram
  • Perfect Money
  • QIWI
  • Skrill
  • Sofort
  • Vietcombank Transfer
  • Volet
  • Wire Transfer
  • Yandex Money
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • Visa
  • WebMoney
  • Wire Transfer
Regulator VFSC
Mobile Apps iOS, Android and Windows iOS, Android
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
  • Australian Securities Exchange (ASX)
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Japan Exchange Group
  • Nasdaq
  • S&P 500
  • FTSE UK Index
  • Nasdaq
Commodities
  • Oil
  • Gold
  • Gold
  • Silver
  • Oil
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 App

IQ Option provide a superbly easy to use mobile app. Offering forex trading, plus some bespoke trading instruments of their own, IQ deliver a slick, secure platform for shorter term trades. Recent upgrades have synchronised the look and feel of both the Webtrader and mobile platform, making switching between the two, seamless. Try it out via the free demo account.

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
  • BCH
  • BTC
  • DASH
  • EOS
  • ETC
  • ETH
  • LTC
  • OMG
  • QTUM
  • TRX
  • XRP
  • ZEC
  • BTC
  • DSH
  • EOS
  • ETC
  • ETH
  • IOT
  • LTC
  • OMG
  • SAN
  • XMR
  • XRP
  • ZEC
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
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United States NOT accepted
» Visit
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3
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United States accepted
» Visit

FAQ

Is IQ Option or BinaryCent better?

Overall we have rated IQ Option (80%) higher than BinaryCent (59%), but there are additional factors to take into consideration. For example, does IQ Option 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 IQ Option or BinaryCent is best for you.