IQCent Review 2025

IQCent offers binary trading on 80+ contracts spanning forex, cryptos, commodities, stocks, and indices. Account holders benefit from a fast digital sign-up, weekend trading, and above-average payouts up to 95% (plus 3% boost). The downside is that new traders will have to meet a steep $250 minimum deposit and forego robust regulatory protections. Find out what our team uncovered during testing.

Pros & Cons

Pros

• IQCent offers turbo, intra-day and long-term binaries lasting from 5 seconds to 1 month, providing diverse opportunities for ultra-short-term and longer-term traders.
• There’s a growing range of 80+ binary contracts covering major markets, plus the addition of ‘Hype Pool’ contracts for speculating on topical setups like Trump vs Musk with potential payouts of 2500%.
• The web-based platform has one of the sleekest designs of any binary platform, boasting a TradingView charting package, plus an added ‘AI Trade’ feature for set-and-forget trading.

Cons

• IQCent is not authorized by a trusted government regulator, leaving clients with little to no regulatory safeguards in the event of broker insolvency or withdrawal disputes.
• The $250 minimum deposit is at the top end for binary brokers, potentially putting it out of reach of newer traders, especially compared to CloseOption with its $5 starting investment.
• IQCent does not offer MetaTrader 4 (MT4), marking it out from alternatives like World Forex, which offer binary trading on MT4 through an add-on, providing a vast library of technical analysis tools.

Company Details

IQCent was founded in 2017 and is operated by Wave Makers Ltd (headquartered in the Marshall Islands). This company is also behind other established binary firms, including Raceoption.

IQCent is registered with the International Financial Market Relations Regulation Center (IFMRRC), registration number TSRF RU 0395 6747 01 202. The IFMRRC is not a recognized government regulator on IOSCO’s membership list. It’s a private organization, so don’t expect safeguards like compensation in the event the broker becomes insolvent.

IQCent uses 256-bit SSL transaction encryption and 3D secure when processing payments.

Accounts

Like many binary brokers, IQCent uses a tiered account system where higher deposits unlock greater payouts and other perks:

• Bronze: $250 minimum deposit, standard customer support, 8-hour withdrawals, +0% payout boost, 20 free rollovers and 0.1% TradeBack.
• Silver: $1,000 minimum deposit, priority customer support, 4-hour withdrawals, +1% payout boost, 50 free rollovers and 0.5% TradeBack.
• Gold: $5,000 minimum deposit, priority customer support, 1-hour withdrawals, +2% payout boost, 300 free rollovers and 1% TradeBack.
• VIP: $50,000 minimum deposit, priority customer support, 0-hour withdrawals, +3% payout boost, 500 free rollovers and 2% TradeBack.

The downside is that a huge deposit of $50,000 is needed for the best payouts, putting it out of reach of many retail traders.

A binary demo account is also available for beginners. We signed up for this during testing – it took less than two minutes and provided full access to its suite of binaries and trading tools.

Markets

Users can access over 80 binary options contracts covering forex (e.g. EUR/USD, GBP/JPY, USD/CAD), cryptos (e.g. Bitcoin, Dogecoin, Ethereum), commodities (e.g. Gold, Copper, Brent Crude Oil), stocks (e.g. Deutsche Bank, Lufthansa, BMW), and indices (e.g. S&P500, FTSE100).

Although the selection isn’t as wide as Quotex with its more than 400 assets, the breadth of markets should appeal to most traders. It’s also more than most binary providers we’ve tested.

The broker primarily offers standard high/low options, meaning traders simply have to predict whether the price of an asset will rise or fall. The bar in the side of the trading platform displays the potential payout for each asset.

The broker has also added 7 ‘Hype Pool’ contracts, where outcomes are driven by short-term market dynamics and real-time speculation with other traders in the pool. These are fairly unique and during testing, we were offered contracts such as Trump Vs Musk and Trump/USDT.

Payouts

In our latest round of tests, payouts on over the counter (OTC) contracts generally fell between 40% and 92% on cryptos. Payouts on currencies were between 50% and 95%, and commodities were offered up to 88%. In line with the account tiers, you can also get up to a 3% boost on potential returns.

These are decent, but not as competitive as the  payouts at World Forex, which can hit 100%.

For the broker’s ‘Hype Pool’ contracts, though, payouts are much higher, fetching a whopping 2500%.

Expiry Times

IQCent offers three types of binaries with varying lengths, catering to diverse strategies:

• Turbo options: Expiry time between 5 seconds and 30 minutes, with 1-minute increments.
• Intraday options: Expiry time up to 24 hours with 1-hour increments.
• Long-term options: Expiry time between 24 hours and 30 days with 1-day increments.

Platform

IQCent offers a proprietary, web-based trading platform, meaning no lengthy download requirements. The platform is beginner-friendly with straightforward navigation and user-friendly features.

What we particularly like about the platform is that charts are fully customizable, with 12 timeframes available, from 5 seconds to 1 day. You can view price data via candlestick or tick charts with 8 pre-included indicators such as MACD and bollinger bands and 8 drawing tools.

Tip: Switch to TradingView charts in the IQCent platform to access more than 100 technical indicators and drawing tools.

In addition, users benefit from third-party market analysis – helpful for finding potential opportunities and weekly trading contests – good for testing your skills against other traders with prizes up for grabs.

We were also intrigued to find a new feature added to the platform during our latest tests, ‘AI Trade’, which analyzes real-time market data, identifies patterns and opens trades automatically. What worried us though, was the lack of transparency about the logic it uses to find and make trades.

Additionally, the IQCent platform supports copy trading. The tool is designed for beginners or those looking to invest without spending hours studying the markets.

You can view the performance of the top 10 traders before committing funds. Users can view the profit percentage and location of ‘pro’ traders, among other metrics.

Once you have funded your account and have a positive net balance, select ’copy trading’ in the left-hand side of the platform. Then simply choose which trader you want to copy and how much you would like to stake. Still, we’d recommend caution against blindly copying without a money management strategy.

Payment Methods

The minimum deposit to start trading with IQCent is typically $250, though it depends on the region of the client. Users can fund their accounts with debit and credit cards (Visa/Mastercard), wire transfers, or cryptos like Bitcoin and Ethereum.

Account funding is instant for credit/debit card payments, however blockchain confirmation times can cause delays with crypto deposits. The broker does not charge any payment fees, though third-party costs may apply.

Withdrawal rules state that payments must be made back to the original deposit method. The typical withdrawal time is one hour, however, the time taken for funds to clear back to the user’s account may vary.

IQCent has a minimum withdrawal requirement of $100 in the Bronze account, and $50 in all other accounts.

One term to be wary of: The fee of 3% that applies for credit and debit card withdrawals.

Customer Support

IQCent only offers help through a live chat (available 24/7 through the platform).

There is also an FAQ section on the website, though it is very basic covering simple requests such as how to trade on the platform, how to verify an IQCent account/check your verification status, and funding methods.

When we tested IQCent, response times were lightening fast, but this is because we suspect they use an AI chatbot. The ‘agent’ denied this during our latest tests, but the instant speed of their responses and difficulty answering our questions when we probed on their AI trading feature specifically raised our suspicions.

This is a consideration if you want to be able to contact a human for complex platform queries or account problems.

Should You Trade Binary Options With IQCent?

IQCent offers a stable binary platform with around 80 assets, ultra short-term expiries as low as 5 seconds, and payouts up to 95% (with up to a 3% boost)

On the downside, IQCent’s minimum deposit of $250 is amongst the highest we’ve seen. The lack of regulatory oversight is also a concern for those looking for robust client protection.

And while it’s good to see the brand introducing products like its ‘Hype Pool’ contacts and ‘AI Trade’, the lack of transparency around how these are structured requires thought before using them.

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