IQCent vs Binarycent
IQCent or Binarycent – which is better for UK traders 2025? Compare IQCent and Binarycent in this detailed breakdown of their platforms, features and fees.
IQCent | Binarycent |
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IQCent is ranked #2 among binary options brokers. | Binarycent is ranked #9 among binary options brokers. |
IQCent, an offshore brokerage in the Marshall Islands, specialises in binary options and CFDs. The firm provides distinct account options offering bonuses, benefits, payout increases, TradeBacks, and complimentary rollovers. With over 175 assets, 24/7 trading, and 98% payouts, it attracts budding traders. | BinaryCent, an unregulated binary options broker, offers round-the-clock trading on forex, cryptocurrencies, and stocks with payouts reaching 95%. Although unregulated, it prioritises client security by storing funds in European banks. The broker also provides CFDs with leverage as high as 1:500. |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | No |
Instruments | |
Binary Options, CFDs, Forex, Indices, Commodities, Crypto | CFDs, Forex, Stocks, Cryptos, Options, Commodities |
Bonus | |
20% to 200% Deposit Bonus | 20% to 200% deposit bonus |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$250 | $250 |
Payment Methods | |
Minimum Trade | |
$0.01 | $0.01 |
Regulator | |
IFMRRC | VFSC |
Mobile Apps | |
iOS & Android | iOS, Android |
Trading App | |
IQCent provides mobile trading via major browsers with a user-friendly interface. The account navigation, asset browsing, and binary trading require just a few clicks. Easy access to the copy trading feature is a plus, as are the interactive charts you can pinch to zoom. | BinaryCent, similar to many binary brokers, lacks a dedicated app, offering trading via mobile browsers instead. This setup provides a standard interface with clear visuals, one-tap trades, and copy trading available in the bottom menu. Yet, horizontal chart optimisation is poor, and promotional pop-ups proved distracting in tests, diminishing user satisfaction. |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
No | No |
MetaTrader 5 | |
No | No |
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 | 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 | |
No | Yes |
Auto Trading | |
No | Centobot for binary options |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
The broker's web platform includes a copy trading service, allowing users to follow and replicate trades from up to ten seasoned investors. Its standout feature is simplicity: choose an investment amount and click 'copy'. However, the selection of master traders is limited, and historical performance data is sparse, reducing reliability. | The trading tool is accessible to all account levels, including Bronze. You can select a trader by their returns and ranking. The registration process is swift, with immediate account activation. |
Social Trading | |
Yes | Yes |
VPS Hosting | |
No | No |
Tournaments | |
Yes | Yes |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | Yes |
Inactivity Fee | |
$10 | |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
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CFD | |
CFDs cover forex, indices, commodities, and cryptocurrencies. However, the 175+ instruments offered fall short compared to alternatives like Quotex, which offers over 400. Leverage reaches up to 1:500, though the $250 minimum deposit is relatively high versus competitors. | Engage in trading across popular markets like forex, stocks, energies, and metals. Benefit from leverage up to 1:500. View live spreads via our web platform and mobile app. |
Leverage | |
1:500 | 1:500 |
FTSE Spread | |
1.4 | Floating |
GBPUSD Spread< | |
0.8 | Floating |
Oil Spread | |
0.05 | Floating |
Stocks Spread | |
N/A | Floating |
Forex | |
IQCent traders can engage with CFDs or binary options on more than 55 forex pairs, including new exotic options like MXN and HUF from 2025. CFD spreads begin at 0.3 pips, with binary options yielding up to 95%, outperforming competitors like Pocket Option, which offers forex payouts of only up to 81%. | Trade 24 forex pairs using binary options. A limited selection of currency pairs is typical for binary options brokers. However, BinaryCent offers high payouts of up to 95%, which offsets this limitation. |
Assets | |
55+ | 25+ |
GBPUSD Spread | |
0.8 | Floating |
EURUSD Spread | |
0.3 | Floating |
EURGBP Spread | |
0.8 | Floating |
Cryptocurrency | |
IQCent provides access to 17 cryptocurrency pairs via its own platform, featuring popular options like Bitcoin, Ethereum, and Litecoin. With crypto CFDs, leverage is limited to 1:10. Payouts for binary options differ by token yet stay competitive, with some OTC assets offering payouts as high as 95%. | BinaryCent facilitates trading across a good range of cryptocurrencies, including prominent ones like Bitcoin. It allows both deposits and withdrawals in crypto, simplifying the process of funding, trading, and managing digital currency activities. |
Spread | |
Variable | N/A |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
IQCent provides binary options featuring exceptional payouts up to 98%. The platform, albeit with basic analysis tools, accommodates various timeframes ranging from 1 minute to 1 month, supporting both short and long-term trading strategies. However, it is worth noting that stock binaries are unavailable. | BinaryCent offers binary options trading across various markets via an intuitive in-house platform. With a minimum investment of just $0.10 per trade and potential returns of up to 95%, it caters to casual and low-capital traders, providing substantial profit opportunities. |
Payout | |
98% | 95% |
Expiration Times | |
5 seconds - 1 month | 5 seconds - 30 days |
Boundary Options | |
No | Yes |
Ladder Options | |
No | No |
IQCent | Binarycent |
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