Abstract:IFounded 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 Review Summary | |
Founded | 2017 |
Registered Country/Region | Marshall Islands |
Regulation | Not regulated |
Market Instruments | Forex, Commodities, Crypto, Indices, CFDs |
Demo Account | ✅ |
Leverage | Up to 1:500 |
Spread | Not disclosed (no specific EUR/USD spread found) |
Trading Platform | IQCent Web Platform, IQCent Mobile Platform |
Min Deposit | $250 |
Customer Support | Live chat, phone, and email (24/7 availability) |
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.
Pros | Cons |
Wide range of account types and features | Not regulated |
Leverage up to 1:500 | No MetaTrader platform support |
Instant deposits and fast withdrawals (within 1 hour) | Lack of clarity on spreads and swap fees |
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.
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.
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 | ❌ |
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 Type | Min Deposit | Key Features | Best For |
Bronze | $100 | 20% bonus, 0.1% TradeBack, 8h withdrawals | Beginners |
Silver | $1,000 | 50% bonus, 0.5% TradeBack, 4h withdrawals, personal manager | Intermediate traders |
Gold | $5,000 | 100% bonus, 1% TradeBack, 1h withdrawals, higher limits | Advanced traders |
VIP | $50,000 | 200% bonus, 2% TradeBack, instant withdrawals, personal support | High-net-worth or professional traders |
IQCent offers leverage of up to 1:500, allowing traders to control positions that are 500 times larger than their actual investment.
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 | Supported | 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 |
IQCent does not charge any deposit or withdrawal fees.
The minimum deposit amount is $250, and the minimum withdrawal amount is $20.
Deposit Options | Min. Deposit | Fees | Processing Time |
Credit Card (VISA/MasterCard) | $250 | Free | Instant upon confirmation |
Bank Wire Transfer | $250 | Free | Instant upon confirmation |
Bitcoin / Ethereum / Litecoin | $250 | Free | Instant upon confirmation |
Credit Card (VISA/MasterCard) | $250 | Free | Instant upon confirmation |
Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
All Supported Methods (same as above) | $20 | Free | Within 1 hour (after ID verification) |