IQCent vs World Forex

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

IQCent vs World Forex Comparison Table 2024
Feature IQCent World Forex
rating empty
rating full
3.7
United States Flag
United States accepted
» Visit
rating empty
rating full
4
United States Flag
United States accepted
» Visit
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%.

World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.

World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry.

CFD Trading
World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances.

Forex Trading
World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types.

Crypto Trading
Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available.

Awards
  • Best Binary Broker 2023 - DayTrading.com
Bonus 20% to 200% Deposit Bonus 100% Deposit Bonus
Instruments Binary Options, CFDs, Forex, Indices, Commodities, Crypto Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account Yes Yes
Minimum Deposit $250 $1
Minimum Trade $0.01 0.01 Lots
Expiry Times 5 seconds - 1 month 1 minute - 7 days
Ladder Binary Options No No
Boundary Binary Options No No
Payment Methods
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Visa
  • Wire Transfer
  • ADVcash
  • Apple Pay
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Google Wallet
  • Mastercard
  • Perfect Money
  • Visa
  • Wire Transfer
Regulator IFMRRC SVGFSA
Mobile Apps iOS & Android iOS, Android + Web Browser
Auto Trading No Yes
Copy Trading Yes Yes
Social Trading Yes No
Margin Trading Yes Yes
MetaTrader 4 No Yes
MetaTrader 5 No Yes
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView Yes No
Autochartist No No
eSignal No No
Trading Central No No
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
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 Yes
Trade Signals Yes
VPS Hosting No Yes
Tournaments Yes Yes
Demo Competitions No Yes
Ethical Investing No No
Islamic Account No Yes
Account Currencies USD, EUR USD, EUR, RUB
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
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Oil
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 49 53
Crypto Trading Yes Yes
Crypto Spread Variable
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
rating empty
rating full
3.7
United States Flag
United States accepted
» Visit
rating empty
rating full
4
United States Flag
United States accepted
» Visit

FAQ

Is IQCent or World Forex better?

We have rated World Forex (80%) higher than IQCent (73%), but the overall rating can't be the only determining factor. For example, does IQCent 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 World Forex is best for you.