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IQCent

Suspicious Clone
Madagascar
,
Since 2017
Last Updated:
19/100
Overall Score

Trading Conditions

Min Deposit:
USD250
Max Leverage:
500
Account Types
GoldVIP

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Visa

credit card
Instant
Fee:
Free
Fee:
3.0%

Mastercard

credit card
Instant
Fee:
Free
Fee:
5.0%

Neteller

e wallet
Instant
Fee:
Free
Fee:
Free

Skrill

e wallet
Instant
Fee:
Free
Fee:
Free

Perfect Money

e wallet
Instant
Fee:
Free
Fee:
Free

PayFix

e wallet
Instant
Fee:
Free
Fee:
Free

UPI

e wallet
Instant
Fee:
Free
Fee:
Free

NEFT

bank transfer
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 4%, 2: License 37%, 3: Software 0%, 4: Spread 0%, 5: Account Type 14%, 6: Symbol 0%
Regulation
4%Poor
License
37%Poor
Software
0%Poor
Spread
0%Poor
Account Type
14%Poor
Symbol
0%Poor

Company Information

Full Name:Wave Makers LTD
Founded:2017
Headquarters:Madagascar
Enterprise Offices:N/A

Customer Support

Phone:
+7‑499‑3806317
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

IQCent is an online trading platform that is meant to provide an all-inclusive experience for traders, whether amateur or professional. With an emphasis on ease of access and usability, IQCent is an online platform that offers multiple instruments for trading purposes. It also incorporates unique trading tools and services that include copy trading and the conducting of online trading contests. This online platform intends to associate modern graphical analysis with rapid execution of transactions.

Although IQCent claims to be a fully featured trading platform, it proudly promotes its exclusive advantages: ultra-fast deposit and withdraw options, a demo account for training, and a competitive contest system. Thus, IQCent appears to be a flexible trading service for any user with a wide range of trading habits, but some essential information about IQCent as a company remains hidden on its official website.

Background and History

However, information on the platform as well as the services offered by IQCent can be found on its official website, but it does not offer information on the corporate history. Details such as the year the company was established, the founders, and the address of the head office are not available. This aspect of the corporate history of the broker seems opaque, as a number of brokers do offer these details.

Nonetheless, IQCent bases its presentation on product features and the environment of their trade, meaning that they try to entice their users with the capabilities of their platform and not with their lineage. The fact that IQCent lacks historical data means that potential customers would need to base their assessment of the trade on the current offerings that it presents.

Key Features and Offerings

IQCent has multiple trading products, claiming to give access to over 100 different assets. This comprises currency pairs, also known as forex, commodities, and indices. This allows persons to sufficiently diversify their portfolio in order to meet their needs. This trading platform's website brings all these assets into focus through their sophisticated charts.

Trading account options are divided into four levels: Bronze, Silver, Gold, and VIP. As traders progress from one level to another, they are treated to better benefits and rewards. This will enable traders to choose an account based on the level of trading that they are involved in.

Innovative Platform Features

Among the most distinctive features of IQCent is CopyTrading, which helps users to follow the trading patterns of profitable traders. This social trading feature is especially useful for new users who are eager to learn from more experienced participants. In addition, IQCent offers demo accounts so that users can practice trading without any financial risk.

There are also several other features incorporated into the platform, such as the alert function, the economic calendar, as well as the intelligent news feed, which are all intended to keep the trader informed and reacting to the ever-changing markets. There are also trading competitions which act as the competitive element to keep the trader motivated.

Regulatory Compliance and Licensing

Regulatory transparency is one of the most important considerations for most traders in deciding which broker to go for. Unfortunately, the official website of IQCent fails to provide details on regulatory licenses, numbers, and jurisdictions that the broker operates under. There are no regulatory bodies cited in the FAQ, About, or Terms sections.

This lack of regulation information makes it difficult to verify whether IQCent is operating under some sort of regulation, which may be of concern to those traders who would prefer to trade under a regulated system.

Nelder and Baker

Cannot find information about licenses and compliance on the IQCent official website.

Trading Conditions and Technology

IQCent has a minimum deposit requirement of US$50. The platform welcomes all traders with different amounts of capital. For the purpose of participating in the trading competition, the minimum trade amount is set to $1. This is a risk-free approach that enables traders to take part in the competition. Specific information such as spread and leverage is not provided by the platform.

Trading Condition Details

Minimum Deposit US

Minimum Trade Size (Contests)

Spreads

Leverage Not

Commissions unspecified

IQCent runs an online trading platform that is equipped with sophisticated analysis and charting tools that are intended to aid in effective market analysis and execution. Some of the tools that the trading platform is able to accommodate include price movement alerts, the economic calendar, and the smart news feed.

Although the trading environment provides an option to practice trading without any risk using a demo account, it does not specify any applications that can be downloaded from mobile app marketplaces. Apparently, the main target of IQCent is still the web-based trading environment.

RAD TruCoder Feature

Web trading platform Yes

Demo Account,Yes

CopyTrading

Commercial Availability Not disclosed

Price Alerts Yes

Economic Calendar Yes

Smart News Feed Yes

Fee Structure

IQCent supports ultra-fast deposit and withdrawal transactions and focuses on processing transactions instantly. Nevertheless, from the official website, there are no clear descriptions concerning deposit fees, withdrawal fees, and inactivity fees that may be involved while trading.

Those that are looking to trade on IQCent ought to note that, although the site advertises fast financial trades, the lack of clear cost information makes it necessary for the client to ask questions or experience the service firsthand to learn about the complete pricing structure.

Fee Type Description

Deposit Fees Not disclosed

Withdrawal Fees Not disclosed

Inactivity Fees Not disclosed

Commission per Trade Not disclosed

User Experience

Market Reputation

IQCent's website includes reviews and rates “Excellent” based on more than 10,000 reviews. The reviews are placed directly on the trading platform's marketing pages, acting as marketing themselves, not as actual client reviews. There are no third-party ratings or any data regarding disputes on the official website.

Although there may be some level of customer satisfaction indicated by the favorable reviews, the fact that there are no external measures of reputation may lead one to approach the platform with a certain level of caution and consider seeking information from other sources prior to investing.

Recent Developments

At the time of this latest review, IQCent’s official website does not offer news updates with a timeline of changes corresponding to either 2024 or 2025. Majority of their blog posts revolve around trading advice, not mentioning any specific company announcement.

This lack of recent developments and news updates implies that IQCent is in a state of continuous operational functionality without publicly airing important changes and innovations in this period.

Conclusion

IQCent appears to be a versatile and easy-to-use online trading platform with a large spectrum of assets, account types, and an array of unique features, such as copy trading and trading tournaments. This online broker seems very attractive because of its speedy transaction execution and low requirements for beginning traders.

However, the lack of transparency on the platform in matters concerning the business background information, licensing with the relevant governing authorities, the intricacies of the trading terms and conditions, and the associated costs may be a point of concern for the potential user. Although IQCent has an impressive suite of resources and an exciting trading environment, the potential user must take into consideration the above limitations.

Regulatory Licenses

Compliance & oversight

1 license
Marshall Islands
FSCTier 3
Marshall Islands
License Details
Type:Financial Service
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

2 types
Gold
VIP
Min Deposit USD 5,000
Min DepositUSD 5,000
VIP
VIP
Min Deposit USD 50,000
Min DepositUSD 50,000
2
Total Types
1
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

15 methods
Visa
Credit CardInstant
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:3%
Min:USD 20
Max:N/A
Some reports indicate up to 5% deposit fee; withdrawals must use original deposit method; verification may apply; withdrawal processing up to 3 days total.
Mastercard
Credit CardInstant
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:5%
Min:USD 50
Max:N/A
Some reports indicate up to 5% deposit fee; withdrawals must use original deposit method; verification may apply; withdrawal processing up to 3 days total.
Neteller
E-WalletInstant
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:USD 20
Max:N/A
Withdrawals must use original deposit method; verification required.
Skrill
E-WalletInstant
Deposit
Fee:Free
Min:USD 10
Max:N/A
Withdrawal
Fee:Free
Min:USD 20
Max:N/A
Withdrawals must use original deposit method; verification required.
15
Free Deposit
15
Instant
5
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with IQCent: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark IQCent at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for IQCent

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

2 sites
🌐
https://iqcent.com/es/
Unknown
Active
SSL
🌐
https://iqcent.com/de/
Unknown
Active
SSL
2
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

2 platform

Comments

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