IQCent Reviewed

Overall, IQCent is considered a trustworthy broker with a trust score of 8/10 offering over 100 trading assets. IQCent offers a total of 3 accounts namely a Bronze account, a Silver account, and a Gold account. A demo version of each can be opened.

IQCent Review – 18 Key Point Quick Overview Revealed (2025):

1.  IQCent at a glance
2.  Who is IQCent?
3.  Safe or scam
4.  IQCent Pros and Cons
5.  IQCent trading accounts and features
6. IQCent deposit and withdrawal
7. Market instruments
8. IQCent fees
9. Leverage
10. IQCent trading platforms
11. How to open an IQCent account
12. IQCent customer support
13. IQCent education
14. IQCent research
15. IQCent awards
16. Conclusion
17. Disclaimer
18. Frequently asked questions

IQCent at a glance

According to research in South Africa IQCENT is a CFDs, forex, and binary options broker.

Overall Rating

• 4.1/5

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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

Some sources indicate that it was established in 2017, while others state its founding date as 2025. It is however described as a relatively new broker that seems to offer a good trading platform.

Who is IQCent?

According to research in South Africa IQCENT is a CFDs, forex, and binary options broker. Some sources indicate that it was established in 2017, while others state its founding date as in 2025.

It is however described as a relatively new broker that seems to offer a good trading platform.

IQ cent is located on Ajeltake Island, Majuro in the Marshall Islands. IQCent is a binary options broker and claims that it was founded by a group of experts with years of experience in financial markets.

It is interesting to find that the address, contact detail, and most other information given on the website for IQCENT is exactly the same as that for a broker called Binarycent.

Safe or scam

One of the best benchmarks to measure the safety of a broker like IQCent, is to establish which regulating authorities are watchdogs over its actions.

The IQCENT website does not provide much detail regarding important issues. For example, there is hardly any information about its trading platform, but a lot of referring to bonuses and deposit or withdrawal methods.

IQCENT is however not regulated by any regulatory agencies, nor is it properly licensed. Their only claim to trust seems to be the people involved. Although they are fairly new, there is no indication that they have considered any regulatory compliance yet.

The broker claims that it operates transparent toward its customers and that 24/7 customer support is available.

IQCent Pros and Cons

IQCent trading accounts and features

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

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

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

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 deposit and withdrawal

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

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.

IQCent fees

Cost depends on different factors, like spread and margins, and IQCENT clients may also experience different fee structures according to their country or place of residence.

The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.

The IQCENT website does not give any information regarding any cost, spreads, or commissions. The broker does not charge any deposit fees, however, there is a cost applicable for bank wire transfers and they charge a 5% deposit fee on Visa and Mastercard.

Leverage

IQCENT offers a maximum leverage ratio of 1: 100.

Leverage is a facility that enables you to get a much larger exposure to the market you are trading than the amount you deposited to open the trade. Leveraged products, such as forex trading, magnify your potential profit – but also increase your potential loss.

Leverage amount is expressed as a ratio, for instance, 50:1, 100:1, or 500:1. Assuming that you have $1,000 in your trading account and you trade ticket sizes of 500,000 USD/JPY, your leverage will equate to 500:1.

Margin is the amount of collateral to cover any credit risks that may arise during your trading operations. It is expressed as the percentage of position size (e.g. 5% or 1%), and you have to have funds in your trading account to ensure sufficient margin.

IQCent trading platforms

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The forex trading platform provided by IQCENT to its clients is in essence the software to carry out their trades. Some brokers provide only one, others quite a few platforms.

A multi-asset trading platform is one that allows clients to trade forex as well as other asset classes. The decision about which platform to choose will usually depend on what a client would like to trade.

IQCENT offers its own IQcent forex trading platform. This platform is very easy to navigate, with an intuitive interface with copy trading tools to help traders to copy other expert traders.

How to open an IQCent account

Similar to a bank, to register a forex trading account with IQCENT for the first time, you will be required to go through a basic “know your customer” process, which will allow IQCENT to ascertain your submitted details and ensure the safety of your funds and account details.

Step 1 – Visit the IQCent website

Visit the official IQCent website to start the process of opening an account.

Step 2 – Click on the “Start Trading Now” banner

Once on the website at the top is a banner stating “Start Trading Now” click on the banner to open an account.

Step 3 – Fill in the form

Fill the all the required details to complete the registration

Your account has been created!

IQCent customer support

Potential traders need to make sure the broker company they chose will offer sufficient support whenever they need it.

In the case of IQCENT customers can reach the support team 24 hours per day, seven days a week via email and phone. There is also a live chat video support option available and a FAQ section on the website.

IQCent education

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Before starting to trade, potential clients of IQCENT should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.

IQCENT offers a basic FAQ section as well as an informative educational section on its website, where most relevant concepts of the business is explained.

Topics include the following:

• CFD Knowledge Base
• What is CFD?
• CFD Trading Strategies
• CFD vs Forex
• CFD vs Binary Options
• Binary Options Knowledge Base
• What Are Binary Options?
• Binary Options Strategies
• 5 Minute Binary Options

IQCent research

With IQCENT they just have access to very basic explanations of strategies. There is no indication of other research options usually provided, on their website. To be able to trade with confidence, traders should do as much as possible research about this kind of speculative trading before commencing, but also preceding every daring deal to ensure that they don’t lose money unnecessarily and trade as profitable as possible.

IQCent awards

IQCENT is acclaimed by customers, there is no indication of awards won on its homepage. Being an awarded company instills extra confidence in traders.

Conclusion

Overall, IQCent is a trustworthy broker to trade with, even though IQCent is not a regulated broker. Traders can join easily because an account can be opened with only $10. The broker offers three different account types, and a demo version of each can be opened. The minimum trade size is 0.001 and a leverage ratio of 1:100 can be used.

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.

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Frequently asked questions

Trading environment

How many instruments can I trade with IQCENT?

You can trade several different instruments with IQCENT, which include the following:

• Forex currency pairs,
• Commodities
• Indices
• Binary options
• Cryptocurrencies

Which platforms are supported by IQCENT?

IQCENT provides its own proprietary trading platform.

Does IQCENT offer leverage?

Yes, IQCENT offers maximum leverage of 1: 100

What spreads can I expect with IQCENT?

Since details on the website are not comprehensive, more information can be obtained from the customer support service.

Does IQCENT charge a commission?

More information on commissions can be obtained from the customer support service.

Is IQCENT regulated?

No IQCENT is not regulated.

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

IQCENT offers a trading environment for more experienced traders since educational content is not comprehensive.

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 is offered by broker companies and funded with virtual money that enables a prospective customer to experiment with the company’s trading platforms and its features, before setting up a real account funded with the customer’s actual money.

Does IQCENT offer a demo account?

Yes

How long is the demo account valid?

Not indicated.

Which live trading accounts does IQCENT offer?

• Bronze Account
• Silver Account
• Gold Account

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

USD

Deposits and withdrawals

What is the minimum deposit for IQCENT?

R160 ZAR / $10

How do you make a deposit and withdrawal with IQCENT?

IQCENT offers the following deposit and withdrawal methods:

• Credit cards (VISA or MasterCard),
• Bank wire transfer,
• Bitcoin,
• Ethereum,
• Litecoin,
• Altcoins,
• Neteller,
• Skrill
• Perfect Money

Does IQCENT charge withdrawal fees?

No, but fees from financial institutions may apply.

How long does it take to make a withdrawal?

Withdrawals usually are processed immediately but depending on bank services it may take several days for the money to be available.,,,