IQCent: User Reviews (2022)

IQCent: User Opinions & Reviews

If you are looking for real customer opinions about IQCent, you’ve come to the right place. Under this article, we collect opinions and comments about this broker. We make every effort to ensure that the comments are true. We moderate any comments that we suspect are not true. You will find the comments at the bottom – before we go to them, I would like to present you the most important information about this broker.

IQCent Details

IQcent is not a broker for everyone. The broker is definitely different from what we are used to by the most recognizable platforms in the world. The broker offers a lightweight and very simple trading platform that will be perfect for people who do not have a fast internet connection or a powerful computer. On the platform you will find the function of copying traders and a competition that consists in making the largest possible turnover. Trading on a real account automatically saves you to the competition. IQCent allows you to trade from as little as $20 minimum deposit.

The biggest disadvantage of this broker is the lack of regulation and a very simple trading platform. For some, this will be an advantage, but unfortunately for most people it will be problematic. The broker does not allow for practically any analysis of the markets, and this makes it difficult to make the right decisions on the market. You can always use TradingView as an additional analytical tool. IQcent is a relatively young platform that was created in 2017, but it did not enter the market until 2019. This means that the broker may be suspicious. However, we did not have any problems with deposits, withdrawals and investing with this broker. We recommend that you review the user comments at the end of this article to find out what others think of IQcent.

Is IQcent safe?

Theoretically yes. We did not experience any problems and from user comments below it appears that the broker is honest. However, it should be remembered that the platform is very young and has no regulations. The lack of regulation is due to the fact that IQCent is headquartered in the Caribbean. Most binary options brokers open their companies in these areas because they do not require special licenses to run this type of business. Lack of regulation doesn’t mean the broker is dishonest, but from a client’s perspective, it would prefer someone overseeing the platform.

How IQCent makes money?

Every broker is concerned about this question. Unfortunately, all binary options brokers in the world earn in exactly the same way – from client losses. You can ask any broker and you will most likely get the answer that the platform is earning commissions and touring tournaments. Unfortunately, this is not true and binary options brokers profit from client losses. It should be remembered that the broker has to pay the earning traders from the money lost by the clients. The difference between earnings and expenses is the broker’s profit.

Is IQCent a scam?

It is impossible to answer this question unequivocally. Lack of regulation and relatively little experience does not mean that the broker is a scam. Everyone started out somehow. If you are concerned about this broker, there are many alternatives on the market. Below we present a comparison of IQcent to the alternative broker we suggest.

IQcent vs Pocket Option Comparison

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