IQCent vs OlympTrade

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

IQCent vs OlympTrade Comparison Table 2023
Feature IQCent OlympTrade
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3.7
United States Flag
United States accepted
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1.5
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 with 10+ payment methods and a low $50 starting deposit. With 100+ assets, around the clock trading and high payouts the brand is popular with aspiring short-term traders.

IQCent offers binary options on forex, stocks, cryptocurrencies and commodities with high payouts up to 98%. The broker uses a proprietary platform with advanced analysis tools and traders can choose contract timeframes ranging from 5 seconds to months, appealing to both short and long term traders.

CFD Trading
IQCent CFDs are available on forex, indices, commodities and cryptos with leverage variable by asset to a maximum of 1:500, which is higher than many alternatives. 24/7 customer support is also available to assist new users.

Forex Trading
IQCent traders can access CFDs or binary options on 40+ forex pairs, including majors, minors and exotics. CFD spreads start from 0.7 pips and binary options payouts are decent up to 95%. Trading takes place through the broker's proprietary platform with advanced analysis tools.

Crypto Trading
IQCent offers 17 crypto assets through its own platform, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is limited to 1:10 while binary options payouts vary by token but are competitive.

Olymp Trade was established in 2014 and now boasts over 25k active traders each day. With a presence in over 130 countries and support in 13 languages, the brand offers a stable platform, competitive spreads and attractive rewards for new traders. Olymp Trade also offers fixed time trades over a huge range of markets.

Olymp Trade offers fixed time trades on a huge range of markets. Established in 2014, the firm now sees more than 30 million monthly transactions with an average monthly payout of over $16 million.

Crypto Trading
Olymp Trade offers a handful of leading cryptos like Bitcoin and Ethereum. The Basic Altcoin Index is also a great addition, offering broader exposure to the currency market for those that don't want to put all their money in one crypto.

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 - 30 days 5 seconds - 23 hours
Ladder Binary Options No No
Boundary Binary Options No No
Payment Methods
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Visa
  • Wire Transfer
  • AstroPay
  • Bitcoin Payments
  • Doku Wallet
  • FasaPay
  • Flutterwave
  • M-Pesa
  • Neteller
  • Perfect Money
  • Skrill
  • WebMoney
  • Wire Transfer
  • Yandex Money
Regulator IFMRRC FinaCom
Mobile Apps iOS & Android iOS, Android and Windows
Auto Trading No
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 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 No No
Market Maker No No
P2P Trading No No
Spot Trading No No
Trade Signals TradingView
VPS Hosting No No
Tournaments Yes No
Demo Competitions No No
Ethical Investing No No
Islamic Account No Yes
Account Currencies USD, EUR, GBP, AUD, RUB USD
Stock Exchanges
  • DAX GER 40 Index
  • Dow Jones
  • FTSE UK Index
  • Nasdaq
  • S&P 500
Commodities
  • Gold
  • Silver
  • Copper
  • Oil
CFD Trading Yes No
CFD Leverage 1:500
CFD FTSE Spread 0.7
CFD GBPUSD Spread 0.7
CFD Oil Spread 0.7
Forex Trading Yes No
Forex GBPUSD Spread 0.7
Forex EURUSD Spread 0.7
Forex EURGBP Spread 0.7
Forex Assets 40
Crypto Trading Yes Yes
Crypto Spread Variable Variable
Crypto Coins
  • BTC
  • ETH
  • LTC
  • BTC
  • DASH
  • ETH
  • 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
1.5
United States Flag
United States NOT accepted
» Visit

FAQ

Is IQCent or OlympTrade better?

Overall we have rated IQCent (73%) higher than OlympTrade (30%), 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 OlympTrade is best for you.