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 | World Forex | |
|---|---|---|
| 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. | World Forex, an offshore broker in St Vincent and the Grenadines, offers commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts provide beginners an easy way to trade on major financial markets. World Forex provides binary options where you choose the stake, price direction, and contract duration. Payouts can reach up to 100% on American contracts and 85% on European contracts, which also allow a partial refund if contracts are closed early. CFD trading: World Forex offers leveraged CFDs on over 100 instruments, including stocks, commodities, and forex. For account balances up to $1000, leverage can reach 1:1000, with reduced leverage for larger account balances. Forex trading: World Forex provides digital contract trading on over 50 forex pairs, like EUR/USD and GBP/EUR. It is one of the few binary firms offering daily technical analysis on popular currency pairs and trade calculators for European and American options to help plan setups and potential returns/losses. Crypto trading: Traders can access CFDs on crypto assets via World Forex's W-CRYPTO accounts, offering leveraged crypto trading with zero spreads. You can trade 10 cryptos paired with USD and EUR, and crypto-crypto pairs are available. |
| Warning | We do not recommend IQCent due to high volumes of withdrawal complaints and regulatory warnings. | – |
| Instruments | Binary Options, CFDs, Forex, Indices, Commodities, Crypto | Digital Contracts, Forex, CFD Stocks, Metals, Energies, Cryptos |
| Demo account | Yes | Yes |
| Minimum deposit | $250 | $1 |
| Minimum trade | $0.01 | $1 (Binaries), 0.01 Lots (Forex/CFDs) |
| Max payout | 98% | 100% (American), 85% (European) |
| Expiry times | 5 seconds - 1 month | 1 minute - 7 days |
| Ladder options | No | No |
| Boundary options | No | No |
| Platforms & tools | ||
| Mobile apps | iOS & Android via mobile web trader | iOS & Android via mobile web trader |
| 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. | The WorldForex Trader Lite app provides limited mobile trading functions. It takes over 30 minutes to access the app due to a complicated account setup. The mobile interface is outdated and includes basic charts and order windows. It also operates slowly and may lag when switching features or placing trades. Overall, it is behind top competitors. |
| MetaTrader 4 | No | Yes |
| MetaTrader 5 | No | Yes |
| 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 | Yes |
| Copy trading | Yes | Yes |
| Social trading | Yes | No |
| AI / machine learning | Yes | No |
| Robo advisor | No | No |
| VPS hosting | No | Yes |
| Account & payments | ||
| Payment methods | American Express, Apple Pay, Bitcoin Payments, Credit Card, Debit Card, Ethereum Payments, Google Pay, Mastercard, Visa, Wire Transfer | Bitcoin Payments, Credit Card, Debit Card, Mastercard, Visa, Volet, Wire Transfer |
| Account currencies | USD, EUR | USD, EUR, RUB |
| STP account | No | Yes |
| ECN account | No | Yes |
| 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 | No |
| Market maker | No | No |
| Margin trading | Yes | Yes |
| Tournaments | Yes | Yes |
| Demo competitions | No | Yes |
| 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 | Nasdaq, S&P 500 |
| Commodities | Gold, Copper, Oil, Silver | Gold, Silver, Platinum, Palladium, Oil |
| Spot trading | No | Yes |
| P2P trading | No | No |
| CFD trading | Yes | Yes |
| CFD leverage | 1:500 | 1:1000 |
| CFD FTSE spread | 1.4 | NA |
| CFD GBPUSD spread | 0.8 | NA |
| CFD oil spread | 0.05 | NA |
| CFD stocks spread | – | From 0.03 |
| Forex trading | Yes | Yes |
| Forex GBPUSD spread | 0.8 | From 0.6 |
| Forex EURUSD spread | 0.3 | From 0.6 |
| Forex EURGBP spread | 0.8 | From 0.6 |
| Forex assets | 55+ | 53 |
| Crypto trading | Yes | Yes |
| Crypto spread | Variable | 0 |
| Crypto coins | BNB, BTC, DOGE, ETC, ETH, LTC, MATIC, QNT, SOL, USDT, XMR, XRP | BCH, BTC, DSH, EOS, ETH, LTC, NEO, XMR, 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 World Forex better?
Overall we have rated IQCent (45%) higher than World Forex (40%), 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 comparison table to see if IQCent or World Forex is best for you.
VisitYour capital is at risk.