Few words about IQcent
If you’re searching for a dependable binary options trading platform, IQcent is the answer. Whether you have been trading for a while or just starting out, there is something at IQcent suitable for everyone. In this review, we will analyze their main features including the trading platform, account styles, contests, copy trading option and more. See why so many binary options traders around the world are deciding on IQcent!
IQcent
What is IQcent?
IQcent is a broker for binary options trading that aims to provide its clients with a fast, reliable and user-friendly platform. The company was established in 2020 and has quickly gained popularity among traders of all levels due to the wide range of services it offers.
One of the main benefits of IQcent is its accessibility – anyone can sign up for an account regardless of their experience level or budget. In addition, IQcent offers a range of educational resources including webinars, video tutorials and e-books to help new traders get started.
Another important feature of IQcent’s platform is that it provides access to multiple markets including forex, cryptocurrencies, stocks and commodities. This allows traders to diversify their portfolios and take advantage of different opportunities as they arise.
IQcent strives to provide its clients with a comprehensive trading experience by offering competitive pricing, advanced charting tools and excellent customer support.
Trading Platform
IQcent provides a web-based trading platform that allows users to trade binary options and forex. The platform is user-friendly, easy to navigate, and offers various features to enhance the trading experience.
Traders can choose from a variety of assets including currency pairs, stocks, indices, and commodities. The platform also provides real-time market data and charts for traders to analyze the markets before placing trades.
One of the unique features of IQcent’s trading platform is the ability to set up automatic trades using their robot feature. This feature uses advanced algorithms to automatically place trades based on pre-set parameters determined by the trader.
Another useful tool provided by IQcent’s trading platform is their economic calendar. This calendar displays important news events in real-time that could impact financial markets. Traders can use this information when making informed decisions about which assets they wish to trade.
IQcent’s trading platform offers an excellent option for both new and experienced traders looking for a reliable and efficient way to trade binary options or forex online.
Mobile Apps
Unfortunately, IQcent does not currently offer a mobile app for their traders. This means that users cannot access the platform from their smartphones or tablets. While this may be inconvenient for some traders who prefer to trade on-the-go, it is worth noting that the website is optimized for mobile use.
Despite the lack of a dedicated app, IQcent’s website is fully responsive and can be accessed through any web browser on a mobile device. The layout and functionality are designed to adjust automatically to fit smaller screens without sacrificing usability.
Furthermore, traders can still enjoy all of the same features available on desktop mode including charting tools, real-time market data and analysis tools. Therefore in terms of trading experience from your phone you don’t miss out anything majorly essential.
Though an app would have been beneficial as it provides convenience and ease-of-use while trading anywhere anytime but given its strong online platform there’s no need to worry about being left behind while traveling or moving around!
Copy Trading
One of the standout features of IQcent is their copy trading option. This allows traders to automatically replicate the trades of successful and experienced traders on the platform.
The process is simple: users can browse through a list of top-performing traders, view their statistics and performance history, and choose which ones they want to follow. Once selected, all trades made by these expert traders will be copied into the user’s account in real-time.
This feature is particularly useful for novice traders who may not have developed a solid strategy yet or lack experience in technical analysis. Following successful traders can help them learn from experts while still making profitable trades.
Another advantage of copy trading with IQcent is that it saves time – there is no need to constantly monitor market movements or conduct research as someone else does this work for you.
IQcent’s copy trading feature provides an easy way for less experienced users to benefit from professional insights and strategies without having to invest a lot of time or effort into learning how to trade effectively themselves.
Tournaments
IQCent offers its clients exciting tournament features that give traders the opportunity to earn more money. The tournaments are available for all account types, and there are different ones held regularly.
One of the most popular IQCent tournaments is the Daily Free Tournament, which allows traders to participate without having to pay an entry fee. This tournament has a prize pool of $250 and is open to anyone with an IQCent account.
IQcent also offers paid tournaments where traders can compete against each other with higher stakes and bigger prizes. These paid competitions come in different formats such as daily or weekly events.
To join a tournament, simply log into your account on their website and select “Tournaments” from the menu options. From there, you can choose which tournament you would like to enter based on your budget and skill level.
It’s important to note that participating in these tournaments requires careful consideration before joining since they involve risks like any regular trading activity does.
IQcent’s Tournaments offer traders another way of earning profits while enjoying some friendly competition among peers within the platform’s community.
Free Demo
One of the best things about IQcent is that it offers a free demo account to all users. This means you can try out the platform and practice your trading skills before investing any real money.
The demo account comes with virtual funds, allowing you to test different strategies without risking your own capital. It’s a great way to get familiar with the platform’s features and see how everything works in real-time.
To open a demo account, simply register on the IQcent website and select „Demo” mode when prompted. Once you’ve set up your account, you’ll have access to all of the same tools and assets as if you were using a live account.
Keep in mind that while trading with a demo account doesn’t involve real money, it still provides valuable experience that can be applied later on. So take advantage of this feature and use it wisely!
How is IQcent regulated?
IQcent is a binary options trading platform that operates under the regulations of Vanuatu Financial Services Commission (VFSC). The VFSC is an independent regulatory body established in 1993, responsible for maintaining financial stability and protecting investors from fraudulent activities within its jurisdiction.
IQcent ensures compliance with all applicable laws and regulations set forth by the VFSC. This includes meeting minimum capital requirements, segregating client funds, providing transparent pricing information to clients, as well as undergoing regular audits and checks to ensure adherence to industry standards.
The platform also implements strict security measures such as SSL encryption technology and two-factor authentication to protect user data and prevent unauthorized access or hacking attempts.
IQcent’s regulation by the VFSC provides traders with peace of mind knowing they are dealing with a trusted broker operating in a regulated environment.
Account Types
IQcent offers three types of trading accounts to its users: Bronze, Silver and Gold.
The Bronze account is the most basic type of account that requires a minimum deposit of $20. It gives access to all tradable assets and has no commission fees. However, traders with this account cannot participate in tournaments or receive cashback.
The Silver account requires a minimum deposit of $1000 and provides access to additional features such as 3% cashback, tournament participation and withdrawal processing within 24 hours. This account also grants access to educational materials for traders.
The Gold account is the most advanced type of trading account on IQcent’s platform. Traders with this account must make a minimum deposit of $1,000 but can enjoy up to 5% cashback while having their withdrawals processed within 4 hours only! Additionally,this type of accounts includes personal success manager who will be providing you with one-on-one coaching sessions!
IQcent provides different options for traders based on their needs and experience levels through its variety in Account Types.
Deposit & Withdrawal methods
IQcent provides its users with several deposit and withdrawal methods to choose from. The platform allows traders to fund their accounts via various options, including credit/debit cards, and cryptocurrencies such as Bitcoin.
Deposits are processed instantly on the IQcent platform, allowing traders to start trading immediately after funding their accounts. Withdrawals can take up to three business days to be processed by the company’s finance department before being sent out for processing by external payment providers.
It is worth noting that IQcent does not charge any fees for deposits or withdrawals; however, there may be additional charges imposed by banks or other financial institutions involved in the transaction process. To ensure smooth transactions when using these methods, it is essential to provide accurate information during the verification process.
IQcent offers a convenient range of deposit and withdrawal methods that cater to different traders’ preferences worldwide. However, it is advisable always to check with your chosen payment method provider regarding any applicable fees they may charge before initiating a transaction on the platform.
Account Verification
Account verification is a crucial step in the process of opening an account with IQcent. This process ensures that only legitimate traders can access the platform and trade safely without any fraudulent activities.
The first step towards account verification involves providing identification documents such as a passport or driving license to prove your identity. The next step is verifying your address by providing utility bills, bank statements, or credit card statements.
IQcent also requires traders to provide information about their financial status and trading experience. This includes income sources, employment details, and trading history.
Once you have submitted all the necessary documents for verification, it may take up to 24 hours for IQcent to approve your account. In case of any further inquiries or clarifications needed from you during this process, their support team will contact you promptly via email or phone call.
IQcent takes its responsibility seriously when it comes to ensuring secure trading on its platform by requiring proper account verification before allowing access to traders.
Where is IQcent available?
IQcent is an online binary options trading platform that offers its services to traders worldwide. The platform’s availability depends on the country you live in and whether or not it is legal to trade binary options.
Currently, IQcent is available in most countries around the world, including Australia, Canada, Europe (excluding Belgium), Japan, South Africa, Switzerland and the United States. However, certain countries such as Iran and North Korea are restricted from using IQcent due to their regulatory restrictions.
In addition to its global reach, IQcent has a multilingual website that caters for traders who speak different languages. This means that users can select their preferred language from a list of over 13 languages including English, German and Spanish.
It’s important to note that even though IQcent may be available in your country does not guarantee regulatory compliance with your local financial authorities. It’s always recommended that you check with your local financial regulator before signing up with any trading platform.
IQCent strives for accessibility by offering its services globally while ensuring adherence with regulatory requirements in each jurisdiction where it operates.
Forbidden countries: None.
Conclusion
After exploring all the features and offerings of IQcent, it is clear that this binary options trading platform has a lot to offer for traders of all levels. With its user-friendly interface, customizable account types, mobile apps, tournaments, copy trading system, and free demo account option – IQcent stands out from other brokers in the market.
One of the most appealing aspects of IQcent is their focus on customer satisfaction. They provide various methods for depositing and withdrawing funds while also ensuring fast processing times. Additionally, they have strict security measures in place to protect users’ information and prevent fraud.
Moreover, IQcent’s regulatory compliance ensures that clients’ money is safe with them. Their verification process may seem long but provides an extra layer of protection against fraudulent activities.
If you’re looking for a reliable binary options broker with competitive fees and advanced tools – IQcent might be worth checking out!
