All Share (J203) = 89 713
Rand / Dollar = 18.28
Rand / Pound = 23.64
Rand / Euro = 19.71
Gold (usd/oz) = 3 018.73
Platinum (usd/oz) = 978.64
Brent (usd/barrel) = 73.29
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

IQCent Account Types

IQCent Account Types Review

 

Overall, IQCent provides 3 different retail account types e.g., a Gold account, a Silver account, and a Bronze account. IQCent is not regulated and offers trading accounts in USD only. A demo account of each account can be opened.

 

IQCent at a glance

🔍 Broker's nameIQCent
🏛 HeadquartersMajuro, Marshall Islands
📅 Year founded2017
🏛 Regulating AuthoritiesNot regulated
🌐 Countries not accepted for tradeUnited States
📒 Demo accountYes
☪️️ Islamic accountNot indicated
📒 Institutional accountNot indicated
💻 Managed accountsNot indicated
📊 Maximum leverage1:100
💰 Minimum depositR160 ZAR / $10
➕ Deposit optionsVisa, Mastercard, Bitcoin, Ethereum, Altcoins
➖ Withdrawal optionsVisa, Mastercard, Bitcoin, Ethereum, Altcoins
📊 Tradeable assets offeredForex currency pairs, Commodities, Indices, Binary options, Cryptocurrencies
💬 Languages supported on websiteEnglish, Russian, Spanish
💬 Customer support languagesMultilingual
💻 Platforms providedOwn proprietary
📲 OS CompatibilityNot indicated
☎️ Customer service hours24/7

 

IQCent Account Types Review – 8 Key Point Quick Overview Revealed (2025):

  1. ☑️ IQCent at a glance
  2. ☑️ IQCent Overview
  3. ☑️ IQCent trading accounts types and features
  4. IQCent account types Pros and Cons
  5. IQCent deposit and withdrawal options
  6. Market instruments
  7. Disclaimer
  8. Frequently asked questions

 

IQCent is one of the first binary options brokers that accept trading in cents, which is a small minimum trading size of just $ 0.01.

 

Min Deposit

USD 10

Regulators

Not Regulated

Trading Platform

Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

IQCent offers trading from its proprietary platform on leverage of up to 1: 100. The trading platform is unfamiliar and cannot be compared with the popular and globally known MetaTrader4 or MetaTrader5 platforms.

 

IQCent Overview

iqcent account types

 

IQCent is a binary and forex broker that operates from Majuro in the Marshal Islands. It was founded in 2017 by a group of forex experts and started with online trading in 2025.

 

The brokers offer to trade in forex, CFDs, crypto, and binary options with a choice between a Bronze, Silver, and Gold live trading account type.

 

The importance of regulation in ensuring a broker’s validity cannot be overstated. There are some real unregulated brokers, but there are also a lot of scammers. IQCent is not a regulated or registered broker with a credible regulatory organization. This is not to imply that IQCent is a poor broker, however, clients who intend to trade binary options, forex, or CFDs with this broker should exercise caution.

 

Concerning the security of your personal information, IQCent is equipped with the most up-to-date SSL security standard. This means that your information is encrypted and cannot be accessed by hackers or other bad actors. IQCent does not offer any research or educational tools to assist traders with trading. It does offer a demo account that is useful for beginner traders but seems to focus more on the advanced trader. In addition, it has a FAQ section.

 

The company offers its services to traders globally with the exception of United States residents.

 

IQCent trading accounts types and features

 

🔍 Account features🥉 Bronze Account🥈 Silver Account🥇 Gold Account
💰 Minimum depositR160 ZAR / $10R16000 ZAR / $1000R48000 ZAR / $3000
💻 Platforms providedOwn proprietaryOwn proprietaryOwn proprietary
📊 Commission chargesR56 ZAR / $3.50 per lotZero commission chargesZero commission charges
⚖️ Leverage1:1001:1001:100
☪️️ Islamic accountNot indicatedNot indicatedNot indicated
📒 SpreadsNot indicatedNot indicatedNot indicated
💬 Margin callNot indicatedNot indicatedNot indicated
🛑 Stop outNot indicatedNot indicatedNot indicated
⭐ Bonus+20%+50%+100%
📒 Demo accountYesYesYes
⏲️ Withdrawal timeWithin 1 hourWithin 1 hourWithin 1 hour
🔄 Copy Trading tool✅ Yes✅ Yes✅ Yes
🎓 Master class (web session)❌ No✅ Yes✅ Yes
🆓 First 3 risk free trades❌ No✅ Yes✅ Yes
⭐ Personal success manager❌ No❌ No✅ Yes

 

A forex account at IQCENT is a trading account that you will hold and that will work similarly to your bank account, but with the difference that it is primarily issued with the purpose of trading on currencies.

Often, the number and type of accounts that a trader can open with a broker company differ depending on the country in which it operates and the regulatory authorities under whose jurisdiction it falls.

IQCENT offers traders three account types, giving beginners the option of starting with a small deposit.

 

IQCent Bronze account

 

IQCent Bronze account

 

The Bronze Account is the beginner’s account that accepts $10 as a minimum deposit. The maximum deposit for this account is $1,000, and a bonus of 20% is available if you deposit $250. This account offers 24/7 live video chat support, withdrawals should be processed within an hour and a demo account as well as a copy trading tool are available.

 

IQCent Silver account

iqcent silver account

 

The Silver Account can be opened with a minimum deposit of $1 000 to $3000 and a bonus of up to 50% may be claimed. It also offers 24/7 live video chat support and withdrawals should be processed within an hour. Other features include a demo account, a copy trading tool, a master class (web session), three risk-free trades, and a personal success manager.

 

IQCent Gold account

IQCent Gold account

 

The Gold Account is for traders with a minimum deposit of $3 000 and more, with a 100% bonus possible. Other features include 24/7 live video chat support, withdrawals in an hour, a demo account, a copy trading tool, a master class (web session), the first 3 risk-free trades, and a personal success manager.

 

IQCent Islamic Account

 

IQCent does not offer this option to its Muslim clients.

 

Islamic Accounts are usually offered to Muslim traders who follow Sharia law. Some brokers allow live accounts to be converted into an Islamic Account and with others, it is a standalone account with a separate application procedure.

 

The Islamic account means a Muslim client has an additional swap-free option without being charged during overnight positions of swaps or rollover interests.

 

IQCent Demo Account

 

IQCent offers traders the option of opening a Demo Account on any of the three live account types. IQCent’s demo account sign-up is fully digitalized and hassle-free. It is a free account to open. It comes with the same features like the live account types and gives traders the opportunity to practice trading without any risk involved.

 

It can be seen as a practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds. For the more experienced traders, a demo account can be used to evaluate and compare brokers who would like to explore IQCent’s trading conditions in a risk-free environment.

 

It can also be used by traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital.

 

IQCent account types Pros and Cons

✔️ Pros❌ Cons
A proprietary trading platform offeredClients from the United States not accepted
Demo account offeredNot regulated
100% secured trading with full data protectionNot enough information on the website
24/7 customer multilingual supportNo indication of spreads
No indication of commission charges
No MetaTrader4 or MetaTrader5 offered
No Islamic account for Muslim traders

 

IQCent deposit and withdrawal options

📒 Payment method➕ Deposit option➖ Withdrawal option
💳 Visa✅ Yes✅ Yes
💳 MasterCard✅ Yes✅ Yes
💳 Bitcoin✅ Yes✅ Yes
💳 Ethereum✅ Yes✅ Yes
💳 Altcoins✅ Yes✅ Yes

 

The minimum deposit required to open an account (Bronze account) with IQCENT is $10 and the minimum trade is $1. For a silver account, a minimum deposit of $1 000 is needed and for a Gold account, it is $3 000.

 

You can fund an account with a credit card (VISA or MasterCard), Bank wire transfer, Bitcoin, Ethereum, Litecoin, Altcoins, Neteller, Skrill, and Perfect Money. Withdrawals can usually be done in the same ways.

 

The minimum withdrawal amount is $20 and for extra security, you need identification for all withdrawals, regardless of the withdrawal amount.

 

IQCENT promises to process all withdrawal requests within one hour but also states that verification may take a longer time if a client didn’t submit all requested documents on time.

 

Market instruments

iqcent instruments

 

📊 Tradeable assets➕ Available
📈 Forex ✅ Yes
📈 Indices✅ Yes
📈 Stocks✅ Yes
📈 Energies✅ Yes
📈 Precious metals✅ Yes
📈 Cryptocurrencies✅ Yes

 

The most popular market instruments available from most brokers for trading include:

 

Forex

 

Forex trading describes the currency exchange market which refers to the global, decentralized marketplace where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

 

Commodities

 

Commodity markets offer many investment opportunities for traders. Soft commodities have been traded for centuries and play a major role in portfolio diversification and risk management. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of economic uncertainty.

 

Indices

 

Equity, or stock indices, are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific stock market or a specific set of the largest companies of a nation.

 

Precious metals

 

The trading of gold and other precious metals, along with crude oil, copper, or petroleum, are hard commodities that play a major role in the commodities market and are contract-based tradable goods.

 

Energy

 

The typical feature of energy prices is high volatility due to the influence of political and environmental factors, supply and demand, extreme weather conditions, and global economic growth.

IQCENT offers the following of the above: a number of forex currency pairs, commodities, indices, binary options, and cryptocurrencies for personal investment and trading options.

 

Disclaimer

 

IQCENT warns potential customers that Forex and CFD trading always carries a high risk and may not be suitable for all investors.

Before deciding to trade with IQCENT, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.

IQCENT warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable, hence IQCENT cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

You might also like: IQCent Review

You might also like: IQCent Demo Account – Step by Step

You might also like: IQCent Fees and Spreads

You might also like: IQCent Minimum Deposit

You might also like: IQCent Sign up Bonus

You might also like: IQCent Withdrawal Process

 

Frequently asked questions

 

Trading environment

 

How many instruments can I trade with IQCent?

You can trade in over 100+ assets that include:

  • Forex
  • Commodities
  • Indices
  • Binary Options
  • Cryptocurrencies

 

Which platforms are supported by IQCent?

IQCent provides its own IQCent proprietary platform.

 

Does IQCent offer leverage?

Yes. Leverage of up to 1: 100.

 

What spreads can I expect with IQCent?

It is not clear on the website what the spreads are. Clients should contact customer care.

 

Does IQCent charge a commission?

It is not clear what the commission charges are if any. Clients should contact customer care.

 

Are there additional charges on the Islamic account?

IQCent does not offer the option to clients of the Muslim faith to open an Islamic Account.

 

Is IQCent regulated?

No. IQCent is not regulated.

 

Is IQCent a recommended forex trading broker for experts and beginners?

No. IQCent focuses more on the advanced trader.

 

What is the overall rating out of 10 for IQCent?

8/10.

 

Accounts

 

What is the difference between a demo and a live trading account?

A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.

A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.

 

Does IQCent offer a demo account?

Yes. The broker does offer a demo account on any of the three live accounts that have the same features as the live account is chosen.

 

For how long is the demo account valid?

A demo account is usually valid for 30-days, however, IQCent does not indicate for how long its demo account is valid.

 

Does IQCent offer the option of an Islamic Account?

No. IQCent does not offer the option of an Islamic Account for traders of the Muslim faith.

 

Which live trading accounts does IQCent offer?

IQCent offers three live account types, namely Bronze Account, Silver Account, and a Gold Account.

 

What are the available deposit currencies for a live trading account?

It seems like the only currency accepted in USD.

 

Deposits and withdrawals

 

What is the minimum deposit for IQCent?

R160 ZAR / $10.

 

How do I make a deposit and withdrawal with IQCent?

  • MasterCard
  • Visa
  • Bitcoin
  • Ethereum
  • Altcoins

 

Does IQCent charge withdrawal fees?

No. However, traders should take note that fees from financial institutions may apply.

 

How long does it take to make a withdrawal?

This will depend on the payment method used. IQCent processes all withdrawal requests within 1 hour. However, verification may take a longer time, if the client didn’t submit all requested documents in time.

5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

October 2, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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