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 vs Binarycent Comparison Table 2025

IQCent	Binarycent
3.7	3
IQCent is ranked #2 among binary options brokers.	Binarycent is ranked #9 among binary options brokers.
Review	Review
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
IQCent has expanded its offerings by adding over 60 new assets. This includes popular cryptocurrencies like TON and SHIB, high-ranking stock CFDs such as TSLA and NVDA, and unique FX pairs like THB and HUF. The broker provides payouts of up to 98% on binary options, surpassing alternatives such as Pocket Option, which offers a maximum of 92%. The proprietary terminal features TradingView charts, providing numerous technical indicators and analyses for traders. IQCent is a rare binary options broker providing a copy trading service for passive traders. CFD trading fees are competitive, with major forex pairs like EUR/USD incurring costs from just 0.7 pips. The broker offers quick and dependable customer support around the clock, usually responding in under a minute during tests. New traders with a modest budget can start trading with a minimal stake of just $0.01. Enthusiastic traders may participate in competitions that offer cash prizes.	User-friendly proprietary platform for binary options trading. Payouts reaching up to 95% surpass most competitors, enhancing profit potential. Trade binary contracts starting at $0.10, providing trading opportunities for every budget. Copy trading and binary options bots can support novice traders. Accepts diverse funding options, such as cryptocurrencies and e-wallets.
Cons
IQCent lags behind binary brokers such as Quotex due to its limited investment range of approximately 175 assets, including few stocks. The broker operates without oversight from a reputable regulator, which is typical for binary options companies. IQCent imposes a £10 monthly inactivity fee if a trader does not execute at least one trade each month. The market analysis provides only fundamental details, offering limited technical summaries and insights from analysts. Automated trading support is unavailable for algorithmic traders.	Not available to traders based in the US The $250 minimum deposit exceeds that of most binary options brokers. Unregulated by reputable authorities, increasing risks and diminishing customer safeguards.
Awards
Best Binary Broker 2023 - DayTrading.com	Tech Finance - Journal Award - 2015 iFX Expo Asia Award - 2016
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
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
Credit Cards Debit Card Mastercard Visa Wire Transfer	Credit Cards Debit Card Mastercard Neteller Perfect Money Skrill Visa WebMoney Wire Transfer
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
4.3	3
Android App Rating
4.1	3
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
USD EUR	USD
Commodities
Gold Copper Oil	Gold Silver Oil
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
BTC ETH LTC ETC DOGE MATIC QNT SOL XRP USDT XMR BNB	ZEC XRP XMR SAN OMG LTC BTC IOT ETH ETC EOS DSH
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
Review	Review
More Comparisons
IQCent vs Select... 4xCube ActivTrades Admiral Markets AdroFX Amega Anzo Capital Axi AZAforex Binarycent Bitfinex BitMEX BlackBull Markets Bullwaves Capitalcore City Index CloseOption CMC Markets Coinbase easyMarkets Eightcap Errante eToro FinPros Firstrade Forex.com Fortrade FP Markets Fusion Markets FXCC FXCM FXDD FXOpen FXPro FXTM Gemini Global Prime GO Markets Grand Capital Hantec Markets HYCM IC Markets IC Trading IG Index Ingot Brokers InstaForex InstaTrade Interactive Brokers IronFX Kraken M4Markets MultiBank FX Nexo NinjaTrader NordFX OKX Pepperstone Pionex Plexytrade Plus500 Pocket Option PrimeXBT PU Prime Raceoption RedMars Sage FX Saxo SimpleFX Spreadex Swissquote Switch Markets TMGM Trade Nation UnitedPips Uphold Vantage FX Videforex VT Markets World Forex xChief XTB ZacksTrade	Binarycent vs Select... 4xCube ActivTrades Admiral Markets AdroFX Amega Anzo Capital Axi AZAforex Bitfinex BitMEX BlackBull Markets Bullwaves Capitalcore City Index CloseOption CMC Markets Coinbase easyMarkets Eightcap Errante eToro FinPros Firstrade Forex.com Fortrade FP Markets Fusion Markets FXCC FXCM FXDD FXOpen FXPro FXTM Gemini Global Prime GO Markets Grand Capital Hantec Markets HYCM IC Markets IC Trading IG Index Ingot Brokers InstaForex InstaTrade Interactive Brokers IQCent IronFX Kraken M4Markets MultiBank FX Nexo NinjaTrader NordFX OKX Pepperstone Pionex Plexytrade Plus500 Pocket Option PrimeXBT PU Prime Raceoption RedMars Sage FX Saxo SimpleFX Spreadex Swissquote Switch Markets TMGM Trade Nation UnitedPips Uphold Vantage FX Videforex VT Markets World Forex xChief XTB ZacksTrade