IQCent vs Binomo

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

IQCent vs Binomo Comparison Table 2024
Feature IQCent Binomo
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3.7
United States Flag
United States accepted
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3.4
United States Flag
United States NOT accepted
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Summary

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%.

Binomo is a beginner-friendly binary options broker that offers trading on forex, stocks and indices via high/low binary options on a simple web-based platform with payouts up to 90% and reliable service. The firm was launched in 2012 and is based offshore.

Binomo offers binary options trading around the clock, including the weekends. You can speculate on the short-term price movements of popular markets, from stocks to currencies. Payouts are competitive climbing to 90% and contracts start from just 1 minute.

Forex Trading
Binomo offers a competitive suit of currencies from majors like EUR/USD to exotics like EUR/MXN. But with contracts spanning 1 minute to 1 hour, the broker is best for short-term forex binary options traders.

Crypto Trading
Binomo offers 24/7 fixed time trades on a few major cryptos, including Bitcoin. However this is significantly less than alternatives like Focus Option which offers more than 80 digital tokens.

Awards
  • Best Binary Broker 2023 - DayTrading.com
Bonus 20% to 200% Deposit Bonus None
Instruments Binary Options, CFDs, Forex, Indices, Commodities, Crypto Fixed Time Trades
Demo Account Yes Yes
Minimum Deposit $250 $10
Minimum Trade $0.01 $1
Expiry Times 5 seconds - 1 month 1 minute - 60 minutes
Ladder Binary Options No No
Boundary Binary Options No Yes
Payment Methods
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Visa
  • Wire Transfer
  • Cashu
  • Credit Card
  • Doku Wallet
  • JCB Card
  • JetonCash
  • Mastercard
  • Perfect Money
  • Skrill
Regulator IFMRRC
Mobile Apps iOS & Android iOS and Android
Auto Trading No BinomoBot tracks 12 moving and 5 technical indicators and can be set up in than 3 minutes.
Copy Trading Yes No
Social Trading Yes No
Margin Trading Yes No
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView Yes 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 Yes
VPS Hosting No No
Tournaments Yes No
Demo Competitions No No
Ethical Investing No No
Islamic Account No No
Account Currencies USD, EUR USD, EUR
Stock Exchanges
  • Dow Jones
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange
  • Dow Jones
  • Nasdaq
  • New York Stock Exchange
Commodities
  • Gold
  • Copper
  • Oil
  • Gold
  • Oil
  • Silver
CFD Trading Yes No
CFD Leverage 1:500
CFD FTSE Spread 1.4
CFD GBPUSD Spread 0.8
CFD Oil Spread 0.05
Forex Trading Yes Yes
Forex GBPUSD Spread 0.8
Forex EURUSD Spread 0.3
Forex EURGBP Spread 0.8
Forex Assets 49 19
Crypto Trading Yes Yes
Crypto Spread Variable
Crypto Coins
  • BNB
  • BTC
  • DOGE
  • ETC
  • ETH
  • LTC
  • MATIC
  • QNT
  • SOL
  • USDT
  • XMR
  • XRP
  • ADA
  • BCH
  • BTC
  • LTC
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
3.7
United States Flag
United States accepted
» Visit
rating empty
rating full
3.4
United States Flag
United States NOT accepted
» Visit

FAQ

Is IQCent or Binomo better?

Overall we have rated IQCent (73%) higher than Binomo (67%), but there are additional factors to take into consideration. For example, does IQCent 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 IQCent or Binomo is best for you.