All Share (J203) = 89 519
Rand / Dollar = 18.22
Rand / Pound = 23.53
Rand / Euro = 19.81
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.17
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

IQCent Demo Account

IQCent Demo Account Review

 

Yes, IQCent trading offers an advanced demo trading account in a zero-risk trading environment. The demo account has the option of being converted into a real live account. The demo account has a trust score of 70%.

 

IQCent Demo Account Review – 5 Key Point Quick Overview Revealed (2025):

  1. ☑️ IQCent at a glance
  2. ☑️ IQCent Demo account Pros and Cons
  3. ☑️ How to set up a Demo Account – Step by Step
  4. IQCent Demo Account Features
  5. Frequently asked questions

 

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’s demo account mimics any of the three live trading accounts, depending on the one you want to open

 

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

 

Traders have access to the same functions, features, and options that they normally would on the live trading account.

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

IQCent Demo account Pros and Cons

✔️ Pros❌ Cons
Demo account sign-up fully digitalNo indication for how long the demo account is valid.
Sign-up completed in minutes

 

How to set up a Demo Account – Step by Step

 

To register for, and set up a demo account with IQCent, traders can follow these 5 steps:

 

  1. Step 1 – Navigate to the IQCent website and select the link ‘Start trading now.
  2. Step 2 – Traders will be redirected to a page where they will be offered a choice to open any of the three live account types.
  3. Step 3 – Traders are asked to complete a form where they must provide their First and Last Name, telephone number, email, and password. Traders must also select to accept the Privacy Policy terms and confirm that the services provided to you are outside USA territory. The only currency offered is USD which must also be selected.
  4. Step 4 – When selecting the option to continue with IQCent, traders instantly be redirected to a new page where they have the option to first trade with a demo account on which they are free to explore the broker’s offering and/or to practice trading, test strategies, and more.
  5. Step 5 – Once traders have submitted their details, they will receive an email at the address that they provided. The email will contain the trader’s demo account number, automatically generated password, and server.

 

A demo account is often referred to as a practice account due to it provides traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.

Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies.

Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what IQCent has to offer.

 

IQCent Demo Account Features

 

IQCent’s demo account mimics any of the three live trading accounts, depending on the one you want to open. Traders have access to the same functions, features, and options that they normally would on the live trading account.

The only exception is that the demo account is risk-free as traders make use of virtual funds to conduct their trading. Due to this, traders cannot withdraw any profits which are made on the demo account.

When making use of the in-house trading platform, traders will have access to the various functions, tools, features, and more, which is offered by this trading platform.

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

Frequently asked questions

 

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 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.

 

For how long is the demo account valid?

Not indicated.

 

Which live trading accounts does IQCent offer?

IQCent only three live trading accounts, namely Bronze, Silver, and Gold.

 

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

USD.

5/5 - (2 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

June 9, 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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