IQCent vs GC Option

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

IQCent vs GC Option Comparison Table 2024
Feature IQCent GC Option
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3.7
United States Flag
United States accepted
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3.3
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%.

GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms.

GC Option offers beginner-friendly binary options with 86% payouts and opportunities on forex, metals and cryptocurrencies. The broker stands out for its market-leading trading software and access to short-term opportunities with contracts spanning 60 seconds to 48 hours.

Forex Trading
Trade binary options on 25+ forex pairs including a range of majors and minors, as well as precious metals paired with USD. Payouts top 80% and users can analyze market movements on the hugely popular MT4 platform and app.

Crypto Trading
Trade popular crypto tokens using straightforward binary options products. Decide whether the price of tokens like Bitcoin will rise or fall with a minimum stake of just $1.

Awards
  • Best Binary Broker 2023 - DayTrading.com
Bonus 20% to 200% Deposit Bonus Risk Free Trading Days
Instruments Binary Options, CFDs, Forex, Indices, Commodities, Crypto Binary Options on Forex, Metals and Cryptos
Demo Account Yes Yes
Minimum Deposit $250 $10
Minimum Trade $0.01 $1
Expiry Times 5 seconds - 1 month 1 minute - 48 hours
Ladder Binary Options No No
Boundary Binary Options No Yes
Payment Methods
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Visa
  • Wire Transfer
  • AstroPay
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • FasaPay
  • Maestro
  • Mastercard
  • PayRedeem
  • Paytrust
  • Perfect Money
  • Wire Transfer
Regulator IFMRRC
Mobile Apps iOS & Android iOS, Android + Huawei
Auto Trading No Expert Advisors (EAs) on MetaTrader
Copy Trading Yes No
Social Trading Yes No
Margin Trading Yes No
MetaTrader 4 No Yes
MetaTrader 5 No 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 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, INR, MYR, IDR, NGN
Stock Exchanges
  • Dow Jones
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange
Commodities
  • Gold
  • Copper
  • Oil
  • Gold
  • 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 Variable
Forex EURUSD Spread 0.3 Variable
Forex EURGBP Spread 0.8 Variable
Forex Assets 49 25+
Crypto Trading Yes Yes
Crypto Spread Variable Variable
Crypto Coins
  • BNB
  • BTC
  • DOGE
  • ETC
  • ETH
  • LTC
  • MATIC
  • QNT
  • SOL
  • USDT
  • XMR
  • XRP
  • BCH
  • BNB
  • BTC
  • DSH
  • ETC
  • ETH
  • XMR
  • ZEC
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
3.3
United States Flag
United States NOT accepted
» Visit

FAQ

Is IQCent or GC Option better?

Overall we have rated IQCent (73%) higher than GC Option (65%), 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 GC Option is best for you.