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%
| IQCent | IQ Option | |
|---|---|---|
| Overview | ||
| Summary | 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. | 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. IQ Option is a well-regarded binary options and digital trading broker. Trade on an easy-to-use platform with a low initial deposit. Just predict if an asset's price will rise or fall to earn a fixed payout of up to 90%+. CFD trading: focuses on CFDs for stocks, forex, cryptocurrencies, and other markets. Leverage varies by location (1:30 in EU, 1:500 globally), with lower rates for more volatile assets. Trades have no commission, featuring floating spreads, and users can access the award-winning platform. Forex trading: IQ Option provides CFD trading on 24 forex assets, including major and some minor pairs. EU traders can use up to 1:30 leverage as per local rules. The broker offers commission-free trades, but spreads are relatively high, so it is not outstanding in this area. Crypto trading: IQ Option is a top crypto broker, providing multipliers and a wide selection of digital currencies like Bitcoin, Ethereum, and Cardano. They offer leverage up to 1:2 with variable spreads and no commission. The user-friendly trading software is ideal for beginners. |
| Warning | We do not recommend IQCent due to high volumes of withdrawal complaints and regulatory warnings. | – |
| Warning | – | RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK |
| Awards | – |
|
| Regulator | – | CySEC |
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | CFD, Forex, Crypto, Stocks, Digital Options |
| Demo account | Yes | Yes |
| Minimum deposit | $250 | $10 |
| Minimum trade | $0.01 | 0.001 Lots |
| Max payout | 98% | 95% |
| Expiry times | 5 seconds - 1 month | 60 seconds - 1 month |
| Ladder options | No | Yes |
| Boundary options | No | Yes |
| Platforms & tools | ||
| Mobile apps | iOS & Android via mobile web trader | Android (plus APK), iOS (plus progressive web app) |
| Mobile trading | 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. | 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. |
| MetaTrader 4 | No | No |
| MetaTrader 5 | No | No |
| cTrader | No | No |
| TradingView | Yes | No |
| AlgoTrader | No | No |
| OmniTrader | No | No |
| Autochartist | No | No |
| eSignal | No | No |
| Trading Central | No | No |
| Auto trading | Yes | – |
| Copy trading | Yes | No |
| Social trading | Yes | No |
| AI / machine learning | Yes | No |
| Robo advisor | No | No |
| VPS hosting | No | No |
| Account & payments | ||
| Payment methods | American Express, Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Google Pay, Mastercard, Visa, Wire Transfer | Boleto, Credit Card, GlobePay, Maestro, MoneyGram, Perfect Money, QIWI, Skrill, Sofort, Vietcombank Transfer, Volet, Wire Transfer, Yandex Money |
| Account currencies | USD, EUR | USD, EUR, GBP, ZAR |
| 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 | No | Yes |
| Negative balance protection | No | Yes |
| Market maker | No | Yes |
| Margin trading | Yes | Yes |
| Margin rate | – | 0.2% |
| Tournaments | Yes | Yes |
| Demo competitions | No | No |
| Ethical investing | No | No |
| Markets | ||
| Stock exchanges | Dow Jones, FTSE UK Index, Hong Kong Stock Exchange, IBEX 35, Nasdaq, S&P 500, SIX Swiss Exchange | 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 |
| Commodities | Gold, Copper, Oil, Silver | Oil, Gold |
| Spot trading | No | No |
| P2P trading | No | No |
| CFD trading | Yes | Yes |
| CFD leverage | 1:500 | 1:500 |
| CFD FTSE spread | 1.4 | – |
| CFD GBPUSD spread | 0.8 | 1 |
| CFD oil spread | 0.05 | 2.3 |
| CFD stocks spread | – | 2 |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | 0.8 | 5 pips |
| Forex EURUSD spread | 0.3 | 14 pips |
| Forex EURGBP spread | 0.8 | 15 pips |
| Forex assets | 55+ | 60+ |
| Crypto trading | Yes | Yes |
| Crypto spread | Variable | BTC 7%, ETH 12% (Var) |
| Crypto coins | BNB, BTC, DOGE, ETC, ETH, LTC, MATIC, QNT, SOL, USDT, XMR, XRP | BCH, BTC, DASH, EOS, ETC, ETH, LTC, OMG, QTUM, TRX, XRP, ZEC |
| Crypto lending | No | No |
| Crypto mining | No | No |
| Crypto staking | No | No |
| Crypto auto market maker | No | No |
| Visit | Visit | Read review |
Your capital is at risk. Never trade with more money than you can afford to lose.
FAQ
Is IQCent or IQ Option better?
We have rated IQ Option (80%) higher than IQCent (45%), but the overall rating can't be the only determining factor. For example, does IQ Option accept traders from your country and do they offer the kind of features or trading platforms you prefer? Use the comparison table to see if IQCent or IQ Option is best for you.
VisitYour capital is at risk.