IQCent vs eToro
IQCent or eToro – which is better for UK traders 2025? Compare IQCent and eToro in this detailed breakdown of their platforms, features and fees.
| IQCent | eToro |
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| IQCent is ranked #2 among binary options brokers. | eToro is ranked #12 among CFD brokers. |
| IQCent operates as an offshore broker for binary options and CFDs, with headquarters in the Marshall Islands. It provides distinct account types with enticing benefits, such as payout enhancements, TradeBacks, and complimentary rollovers. Offering over 100 assets for trade around the clock and payouts up to 98%, it attracts budding traders looking for short-term opportunities. | eToro is a leading multi-asset platform, providing trading services in a vast array of CFDs, equities, and cryptocurrencies. Since its establishment in 2007, eToro has attracted millions of traders worldwide and holds licences from top regulators like the FCA and CySEC. Its social trading platform is especially favoured. Investing in cryptoassets is highly volatile and unregulated in the UK and certain EU nations, with no consumer protection. Tax obligations on profits may apply. 51% of retail CFD accounts incur losses. |
| 51% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. | |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | Yes |
| Instruments | |
| Binary Options, CFDs, Forex, Indices, Commodities, Crypto | CFDs, Forex, Stocks, Indices, ETFs, Smart Portfolios, Commodities, Futures, Crypto, NFTs |
| Bonus | |
| 20% to 200% Deposit Bonus | |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $250 | $50 |
| Payment Methods | |
| Minimum Trade | |
| $0.01 | $10 |
| Regulator | |
| IFMRRC | FCA, ASIC, CySEC, FSA, FSRA, MFSA, CNMV, AMF |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Trading App | |
IQCent offers mobile trading directly through major browsers with an intuitive design that we love. You can navigate your account, browse assets and trade binaries in a few clicks. Straightforward access to the copy trading feature at the bottom is also a bonus, alongside the interactive charts which you can pinch to zoom. |
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 1% | |
| 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 | Yes |
| STP Account | |
| No | Yes |
| 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 | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| No | Automate your trades via CopyTrader - follow profitable traders. Open and close trades automatically when they do. |
| 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. | eToro consistently provides an outstanding proprietary trading platform for clients, free of charge. The web-based system is both intuitive and engaging, complemented by a community chat that appeals to novice traders. The recent 'Live Trades' feature grants immediate access to real-time insights on securities purchased by top investors on the platform. |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | No |
| Tournaments | |
| Yes | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $10 | $10 |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| CFD trading covers forex, indices, commodities, and cryptocurrencies. However, the selection of over 100 instruments falls short when compared to alternatives like Quotex, which offers over 400. Traders can access leverage up to 1:500, yet the $250 minimum deposit requirement is significantly higher than that of competitors. | Trade CFDs across more than 3,000 assets with access to detailed market data through integrated TradingView charts. The eToro Academy provides extensive free learning resources for beginners, featuring specific courses and guides on CFD trading. In 2025, eToro enhanced flexibility for UK clients by enabling direct CFD trading on US assets with GBP. |
| Leverage | |
| 1:500 | 1:30 |
| FTSE Spread | |
| 1.4 | 1.5 |
| GBPUSD Spread< | |
| 0.8 | 1.9 |
| Oil Spread | |
| 0.05 | 0.05 |
| Stocks Spread | |
| N/A | 0.57 (Apple) |
| Forex | |
| Traders using IQCent can engage with CFDs or binary options across more than 45 currency pairs. CFD spreads begin at 0.3 pips, while binary options offer attractive payouts up to 95%. In comparison, Pocket Option limits forex payouts to a maximum of 81%, making IQCent a competitive choice. | A broad range of 55 currencies is offered, with competitive spreads averaging 0.9 pips on EUR/USD during peak trading hours. Traders can refine their forex strategies by seamlessly transitioning between demo and live accounts, retaining full access to over 100 technical indicators provided by the broker. |
| Assets | |
| 49 | 55 |
| GBPUSD Spread | |
| 0.8 | 1.9 |
| EURUSD Spread | |
| 0.3 | 0.9 |
| EURGBP Spread | |
| 0.8 | 1.3 |
| Currency Indices | |
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| 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%. | eToro is at the forefront of cryptocurrency trading, providing competitive spreads and a fixed 1% commission alongside its proprietary wallet service. The platform features an extensive range of over 100 tokens, with regular updates that added 29 new tokens in April 2025, from AI assets to memecoins. In 2025, it also introduced crypto staking, enabling users to earn rewards by holding digital assets. Cryptocurrency investments are inherently risky and highly volatile. Tax implications may apply. Familiarise yourself with the risks here. |
| Spread | |
| Variable | BTC 1% |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | Yes |
| 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. | |
| Payout | |
| 98% | |
| Expiration Times | |
| 5 seconds - 1 month | |
| Boundary Options | |
| No | No |
| Ladder Options | |
| No | No |
| IQCent | eToro |
| 51% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. | |
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