RaceOption vs IQCent

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

RaceOption vs IQCent Comparison Table 2024
Feature RaceOption IQCent
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3.5
United States Flag
United States accepted
» Visit
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3.7
United States Flag
United States accepted
» Visit
Summary

RaceOption is a binary options broker operating from the Marshall Islands. With over 1,500 clients, the broker aims to offer fast funding, low fees and a secure trading environment. Traders can access over 100 binary options and CFDs, plus copy trading and weekly prizes.

RaceOption offers 100+ binaries with decent payouts up to 95% and ultra-fast expiries from 5 seconds. With a $250 minimum deposit, clients can enjoy free deposits, fast withdrawals and a range of trading bonuses.

CFD Trading
Access a modest range of CFD instruments across key markets, including indices and commodities. Clients can trade directly from charts with high leverage up to 1:500 and customisable time intervals.

Forex Trading
RaceOption offers 25+ major and minor currency pairs on a no-frills, web-accessible platform with 30+ indicators and built-in copy trading opportunities for a hands-off investment approach.

Crypto Trading
Trade popular crypto CFDs with leverage up to 1:30 and utilize convenient crypto funding in Bitcoin, Ethereum or other altcoins. You can also enjoy fully flexible, 24/7 crypto trading at home or on the go. Cryptos are paired with USD and CNY.

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%.

Awards
  • Best Binary Broker 2023 - DayTrading.com
Bonus 20% - 200% Deposit Bonus 20% to 200% Deposit Bonus
Instruments Binary Options, CFDs Binary Options, CFDs, Forex, Indices, Commodities, Crypto
Demo Account Yes Yes
Minimum Deposit $250 $250
Minimum Trade $0.01 $0.01
Expiry Times 5 seconds - 30 days 5 seconds - 1 month
Ladder Binary Options Yes No
Boundary Binary Options No No
Payment Methods
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Neteller
  • Perfect Money
  • Skrill
  • Visa
  • Bitcoin Payments
  • Credit Card
  • Debit Card
  • Ethereum Payments
  • Mastercard
  • Visa
  • Wire Transfer
Regulator IFMRRC
Mobile Apps iOS & Android iOS & Android
Auto Trading No
Copy Trading Yes Yes
Social Trading Yes Yes
Margin Trading Yes Yes
MetaTrader 4 No No
MetaTrader 5 No No
cTrader No No
AlgoTrader No No
OmniTrader No No
TradingView Yes Yes
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 Yes No
VPS Hosting No No
Tournaments Yes Yes
Demo Competitions No No
Ethical Investing No No
Islamic Account No No
Account Currencies USD, EUR, GBP, AUD, RUB USD, EUR
Stock Exchanges
  • DAX GER 40 Index
  • FTSE UK Index
  • Dow Jones
  • FTSE UK Index
  • Hong Kong Stock Exchange
  • IBEX 35
  • Nasdaq
  • S&P 500
  • SIX Swiss Exchange
Commodities
  • Silver
  • Gold
  • Coffee
  • Oil
  • Gold
  • Copper
  • Oil
CFD Trading Yes Yes
CFD Leverage 1:500 1:500
CFD FTSE Spread Variable 1.4
CFD GBPUSD Spread Variable 0.8
CFD Oil Spread Variable 0.05
CFD Stocks Spread Variable
Forex Trading Yes Yes
Forex GBPUSD Spread Variable 0.8
Forex EURUSD Spread Variable 0.3
Forex EURGBP Spread Variable 0.8
Forex Assets 25+ 49
Crypto Trading Yes Yes
Crypto Spread Variable Variable
Crypto Coins
  • BTC
  • BNB
  • BTC
  • DOGE
  • ETC
  • ETH
  • LTC
  • MATIC
  • QNT
  • SOL
  • USDT
  • XMR
  • XRP
Crypto Lending No No
Crypto Mining No No
Crypto Staking No No
Crypto Auto Market Maker No No
rating empty
rating full
3.5
United States Flag
United States accepted
» Visit
rating empty
rating full
3.7
United States Flag
United States accepted
» Visit

FAQ

Is RaceOption or IQCent better?

We have rated IQCent (73%) higher than RaceOption (70%), but the overall rating can't be the only determining factor. For example, does RaceOption 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 RaceOption or IQCent is best for you.