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IQCent vs IC Markets

IQCent or IC Markets – which is better for UK traders 2025? Compare IQCent and IC Markets in this detailed breakdown of their platforms, features and fees.

IQCent vs IC Markets Comparison Table 2025
IQCent	IC Markets

3.7	4.8
IQCent is ranked #2 among binary options brokers.	IC Markets is ranked #4 among CFD 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.	IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations.
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.	IC Markets provides some of the industry's narrowest spreads, offering 0.0-pip spreads on major currency pairs. This makes it an extremely cost-effective choice for traders. As a well-regulated and reputable broker, IC Markets focuses on client safety and transparency to provide a dependable global trading experience. In 2025, IC Markets earned DayTrading.com's accolade for 'Best MT4/MT5 Broker' due to its top-tier MetaTrader integration. This achievement highlights the broker's continuous refinement over the years to enhance the platform experience. IC Markets provides reliable 24/5 support, especially for account and funding queries, drawing from direct experience. Access over 2,250 CFDs across diverse markets like forex, commodities, indices, shares, bonds, and cryptocurrencies. This variety enables traders to employ diversified strategies.
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.	IC Markets provides metals and cryptocurrencies for trading through CFDs, though the selection is narrower compared to brokers such as eToro. This limits opportunities for traders focused on these asset classes. The tutorials, webinars, and educational resources require enhancement, lagging behind competitors such as CMC Markets, which diminishes their appeal to novice traders. Certain withdrawal methods incur fees, including a $20 charge for wire transfers. These costs can reduce profits, particularly with frequent withdrawals. Although there are four top-tier third-party platforms available, the absence of in-house software or a trading app tailored for novice traders is notable. Interest is not paid on idle cash, a feature gaining popularity with alternatives such as Interactive Brokers.
Awards
Most Comprehensive Binary Trading Experience 2025 - BinaryOptions.net Best Binary Broker 2023 - DayTrading.com	Best MT4/MT5 Broker 2025 - DayTrading.com Best MT4/MT5 Broker 2023 - DayTrading.com Best Forex Broker 2022 - DayTrading.com Best Overall Broker 2020 - DayTrading.com Best Trading App 2020 - DayTrading.com
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, Indices, Commodities, Bonds, Futures, Crypto
Bonus
20% to 200% Deposit Bonus
Demo Account
Yes	Yes
Minimum Deposit
$250	$200
Payment Methods
Credit Card Debit Card Mastercard Visa Wire Transfer	Credit Card Klarna Mastercard Neteller PayPal Rapid Transfer SafeCharge Skrill Swift Visa Wire Transfer
Minimum Trade
$0.01	0.01 Lots
Regulator
	ASIC, CySEC, CMA, FSA
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.	IC Markets provide mobile apps for their cTrader, MT4, MT5, and TradingView platforms. Developed separately for Android and iOS, these apps leverage each system's unique capabilities. Featuring raw pricing and spreads from 0.0, they offer superb tools for every trader level. What truly distinguishes them is maintaining IC Markets’ renowned rapid execution speed within the apps. This ensures a professional and highly responsive trading experience.
iOS App Rating
4.3	3.1
Android App Rating
4.1	4.2
Margin Trading
Yes	Yes
MetaTrader 4
No	Yes
MetaTrader 5
No	Yes
cTrader
No	Yes
AlgoTrader
No	No
OmniTrader
No	No
TradingView
Yes	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
No	Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade
Copy Trading
Yes	Yes
Copy Trading Platform
IQCent's web platform features a built-in copy trading service, allowing you to mirror the trades of up to ten experienced traders. Its ease of use stands out; choose your investment amount and press 'copy'. However, the selection of traders is limited, and historical performance data is sparse compared to other binary firms, reducing its reliability.	Introduced in February 2023, the IC Social app provides an easy platform for learning, sharing, and replicating the trades of other traders with minimal effort. The app also includes risk management features and supports specialised trading groups. Alternatively, IC Markets offers access to Signal Start and popular third-party copy trading platforms like ZuluTrade and cTrader Copy.
Social Trading
Yes	Yes
Trade Signals
	Signal Start
VPS Hosting
No	Yes
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10	$0
Islamic Account
No	Yes
Account Currencies
USD EUR	USD EUR GBP CAD AUD NZD JPY CHF HKD SGD
Commodities
Gold Copper Oil Silver	Gold Oil Silver Orange Juice Cocoa Coffee Corn Soybeans Sugar Wheat Natural Gas
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.	Trade over 2,250 CFDs anytime from Monday to Friday across key markets, including forex, commodities, indices, stocks, and bonds. IC Markets leverages deep liquidity and cutting-edge bridge technology to offer ideal trading conditions for scalpers, hedgers, and algorithmic traders.
Leverage
1:500	1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global)
FTSE Spread
1.4	1.0
GBPUSD Spread<
0.8	0.23
Oil Spread
0.05	0.03
Stocks Spread
N/A	0.02
Forex
In 2025, IQCent will offer binary options on more than 55 forex pairs, including exotics like MXN and HUF. Payouts on currency pairs can reach up to 95%, and the web-based platform is exceptionally polished, providing an intuitive experience for new traders.	IC Markets remains dedicated to offering tight 0.0-pip spreads on major currency pairs like EUR/USD, ensuring outstanding execution with an average speed of 35 milliseconds. Ideal for traders seeking high performance, those dealing in large volumes can also enjoy rebates of up to $2.50 per forex lot.
Assets
55+	75
GBPUSD Spread
0.8	0.23
EURUSD Spread
0.3	0.02
EURGBP Spread
0.8	0.27
Cryptocurrency
IQCent provides various crypto binary assets with USDT, including Bitcoin and Trump hype, offering exceptional payouts up to 1500%. The blend of OTC and standard crypto binaries guarantees continuous trading options. In our recent tests, the platform performed swiftly with minimal lag.	IC Markets provides a range of over 20 cryptocurrencies for trading through CFDs, featuring less common tokens like Avalanche, Kusama, and Uniswap. Traders can enjoy commission-free transactions and experienced individuals can utilise high leverage up to 1:200 via the MetaTrader platforms.
Spread
Variable	BTC 42.036
Coins
BTC ETH LTC ETC DOGE MATIC QNT SOL XRP USDT XMR BNB	BTC BCH DOT DSH EMC EOS ETH LNK LTC NMC PPC XLM XRP ADA BNB DOG UNI XTZ
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.
Payout
98%
Expiration Times
5 seconds - 1 month
Boundary Options
No	No
Ladder Options
No	No

IQCent	IC Markets
Review	Review
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