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IQCent -

Score

1.49 /10
Danger

IQCent

Marshall Islands

5-10 years

Suspicious Regulatory License

High potential risk

https://www.iqcent.com/

Influence

C

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Comparison

Quantity 3

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.88

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

PT CMVM
2021-02-12
cmvm warns investors about the Wave Makers LTD ( IQCent )
IQCent

Danger

ES CNMV
2020-11-03
PUBLIC WARNING FROM THE CNMV
IQCent

Broker Information

More

Company Name

Wave Makers LTD

Company Abbreviation

IQCent

Platform registered country and region

Marshall Islands

Company website

X

Instagram

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-04-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

IQCent is a scam.

IQCent had scammed many clients by not allowing them withdrawals and their customer service is very poor and unresponsive.

Mayaz Ahmad
2021-06-28 16:30
Unable to Withdraw

IQcent is a big scam

I was brought to IQcent by one of IQcent man who deals in signals and attracting people across the web. His name is Marco, @marco_X5_trader and started earning, when the profit reached 28,000$ then I requested a withdrawal but it was rejected and was alleged that my account is involved in some suspicious activity. I asked them to clarify or share any evidence but was left unattended till date. Stay away from this fraudulent platform.

Shafee Khorasanee
2025-04-11 20:00
Unable to Withdraw

Scam!!!!

Scam!!!!. I wanted to work with them and to test it out, I deposited $100. In demo mode, you win every minute and it's very fast to go from $100 to $500. They pay you 95%, but when you switch to the real account, it's not the same. Only a couple of currency pairs pay you 90% and it's not as easy to win anymore. Could it be that they manipulate the charts in demo mode? Then, when you want to withdraw the funds, they ask for 1000 requirements. And when you fulfill all of them, they say they did it, but they don't provide any valid document, certificate, or code. They made me open a bitcoin wallet and they told me they deposited the money there, but it didn't arrive. Then they tell me they sent it to the bank (and I didn't give them any bank account), and they sent me a code that doesn't exist when I verify it at the bank. Then they tell me they returned it to the credit card, but they couldn't tell me which credit card, at least the last 4 digits. The support only says that I have to wait, and it's been 3 months already! And now they're closing the account.

FX3326872628
2025-02-10 20:17
Data Source WikiFX Data provide
Updated: 2025-04-30
IQCent · Company summary
IQCent Review Summary
Founded2017
Registered Country/RegionMarshall Islands
RegulationNot regulated
Market InstrumentsForex, Commodities, Crypto, Indices, CFDs
Demo Account✅
LeverageUp to 1:500
SpreadNot disclosed (no specific EUR/USD spread found)
Trading PlatformIQCent Web Platform, IQCent Mobile Platform
Min Deposit$250
Customer SupportLive chat, phone, and email (24/7 availability)

IQCent Information

Founded in 2017, IQCent is registered in the Marshall Islands. It provides simplified web and mobile interfaces, enables crypto and fiat funding methods, and caters to traders of different skill levels via tiered accounts. Its absence of regulation and expanded openness, meanwhile, is a drawback.

IQCent Information

Pros and Cons

Pros Cons
Wide range of account types and featuresNot regulated
Leverage up to 1:500No MetaTrader platform support
Instant deposits and fast withdrawals (within 1 hour)Lack of clarity on spreads and swap fees

Is IQCent Legit?

IQCent is an unregulated broker. Though it says to be registered in the Marshall Islands, it is not licensed or monitored by the Marshall Islands Financial Services Authority (FSA) or any other acknowledged financial authority.

Is IQCent Legit?

WHOIS records show the domain iqcent.com was registered on January 30, 2017 and now expires January 30, 2026. Last updated the domain was April 24, 2024. Its present condition is “client transfer prohibited,” which means it is shielded from unapproved modifications including domain transfers.

Is IQCent Legit?

What Can I Trade on IQCent?

Covering a range of markets including currency pairs, cryptocurrencies, commodities, and indices, IQCent says to provide access to more than 100 trading assets.

Tradable Instruments Supported
Forex✅
Commodities✅
Crypto✅
CFD✅
Indexes✅
Stock❌
ETF❌
What Can I Trade on IQCent?

Account Types

IQCent offers four types of live trading accounts: Bronze, Silver, Gold, and VIP, each tailored to different levels of trading experience and deposit sizes. While an Islamic (swap-free) account option is not mentioned, a demo account is clearly available starting from the Bronze level.

Account TypeMin DepositKey FeaturesBest For
Bronze$10020% bonus, 0.1% TradeBack, 8h withdrawalsBeginners
Silver$1,00050% bonus, 0.5% TradeBack, 4h withdrawals, personal managerIntermediate traders
Gold$5,000100% bonus, 1% TradeBack, 1h withdrawals, higher limitsAdvanced traders
VIP$50,000200% bonus, 2% TradeBack, instant withdrawals, personal supportHigh-net-worth or professional traders
Account Types

Leverage

IQCent offers leverage of up to 1:500, allowing traders to control positions that are 500 times larger than their actual investment.

IQCent Fees

QCent provides zero registration and maintenance fees, which lowers the barrier for entry. However, lack of transparency around actual spreads and overnight swap fees (for holding positions past market close) could be a limitation for cost-sensitive traders.

Trading Platform

Trading PlatformSupported Available Devices Suitable for what kind of traders
IQCent Web Platform✔Web browser (desktop/mobile)Beginners and intermediate traders seeking a simple interface
IQCent Mobile Platform✔iOS, Android (web-based, possibly app)Traders preferring to trade on-the-go
MetaTrader 4 (MT4)❌–Not supported
MetaTrader 5 (MT5)❌–Not supported
Trading Platform

Deposit and Withdrawal

IQCent does not charge any deposit or withdrawal fees.

The minimum deposit amount is $250, and the minimum withdrawal amount is $20.

Deposit Options

Deposit Options Min. DepositFees Processing Time
Credit Card (VISA/MasterCard)$250FreeInstant upon confirmation
Bank Wire Transfer$250FreeInstant upon confirmation
Bitcoin / Ethereum / Litecoin$250FreeInstant upon confirmation
Credit Card (VISA/MasterCard)$250FreeInstant upon confirmation

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
All Supported Methods (same as above)$20FreeWithin 1 hour (after ID verification)

News

ExposureIQCent: Unable to Withdraw? What Investors Need to Know

Recent discussions in online communities have raised serious questions about IQCent—a platform that has come under fire for its alleged withdrawal issues and questionable reliability. According to WikiFX, IQCent has received an alarmingly low trust score of 1.49/10, prompting many investors to rethink their involvement with this platform.

WikiFX
2025-04-10 17:32
IQCent: Unable to Withdraw? What Investors Need to Know

ExposureIQCent Broker Review: Can We Trust It?

IQCent, a broker registered in the Marshall Islands and operated by Wave Makers LTD, has been in the trading industry for 2 to 5 years. Despite offering a wide variety of market instruments and account types, it has received a low score of 1.46/10 on WikiFX, raising questions about its reliability. This article aims to provide an in-depth review of IQCent and determine if it can be trusted by traders.

WikiFX
2024-07-16 17:47
IQCent Broker Review: Can We Trust It?

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昨夜の星辰
more than one year
The company IQCent's website is no longer valid, no need to waste your time here, ma friends. Go find another better company.
The company IQCent's website is no longer valid, no need to waste your time here, ma friends. Go find another better company.
Translate to English
2022-12-09 10:17
1
0
0
WarrenEdwards
0-3months
A trading contest with real cash prizes? That’s a fun twist. It definitely adds an extra layer of excitement and, if you’re skilled enough, a chance to grow your balance without risking your own capital. However, let’s be real—competition is brutal. The best traders dominate, and for a casual participant, the odds of winning anything substantial are slim. If you enjoy the challenge, go for it, but don’t expect an easy payday.
A trading contest with real cash prizes? That’s a fun twist. It definitely adds an extra layer of excitement and, if you’re skilled enough, a chance to grow your balance without risking your own capital. However, let’s be real—competition is brutal. The best traders dominate, and for a casual participant, the odds of winning anything substantial are slim. If you enjoy the challenge, go for it, but don’t expect an easy payday.
Translate to English
2025-03-28 12:16
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