IQCent: Comprehensive Broker Review for Binary Options and CFD Trading (Everything You Need to Know) 2025

An in-depth analysis of IQCent—a trading platform for binary options and CFDs. Let’s examine IQCent’s features and capabilities, account terms, bonuses, promotions, and real trader feedback. We will also compare IQCent to its competitors (Pocket Option, Olymp Trade, Quotex, Binomo) to see how it stands out. This article will help you assess the broker’s trustworthiness, its pros and cons, and make an informed decision about whether to begin trading here.

Key Information About IQCent

IQCent is an offshore broker specializing in binary options and CFD trading. It was established in 2017 by a group of financial professionals. The company is registered in the Marshall Islands under the name Wave Makers LTD (address: Ajeltake Road, Majuro Island, MH96960).

This broker attracts traders by offering access to multiple assets—Forex currencies, cryptocurrencies, indices, commodities, binary options, and CFD contracts—on its proprietary web platform. The name “IQCent” hints at “cent”-style trading, meaning traders can operate with very small amounts; indeed, the minimum position size can be as low as $0.01 for certain instruments (or $1 for many binary options).

The company operates worldwide, onboarding clients from many regions (with certain exclusions where local laws prohibit it), and supports multiple languages (English, Russian, Spanish, Arabic, Portuguese, Indonesian, and more). This underscores IQCent’s global orientation rather than any specific regional focus.

Regulation and Licensing

The most critical point is IQCent’s lack of strict regulation. It is registered offshore and cites affiliation with the International Financial Market Relations Regulation Center (IFMRRC)—an organization that is neither recognized as a governmental regulator nor widely acknowledged in mainstream finance. In other words, IQCent does not hold licenses from esteemed financial authorities such as CySEC, the FCA, ASIC, etc., which means customers do not enjoy guaranteed fund protection. Independent analysts echo this concern: “IQCent is not a trustworthy broker as it is not regulated by a financial authority with rigorous standards.”

In short, traders should be aware of the added risk of dealing with an offshore entity. Nonetheless, the broker has officially been in operation since 2017 and, as of 2024, continues to serve clients—so it is not a short-lived scheme, but an established platform (albeit with a questionable regulatory status).

Reputation and Trust

Because IQCent lacks recognized licensing, the trading community’s perception of it is mixed. On one hand, the broker promotes appealing conditions (detailed below) and is aggressively advertised online, attracting new clients. On the other hand, veteran traders and some customers have expressed doubts about the platform’s integrity. You can find multiple complaints regarding withdrawal issues—some users openly label IQCent a scam.

Conversely, there are also positive accounts from traders who have managed to make profits and withdraw funds, praising the convenience of the platform and the low barrier to entry. We will delve deeper into real reviews later, but for now, here are the objective facts on their trading conditions.

Key IQCent Features at a Glance:

• Founding Year: 2017.
• Registration: Marshall Islands (offshore). Regulation: None (no licenses from major authorities).
• Trading Instruments: Binary options (payouts up to 98%), CFDs on Forex currencies, commodities, indices, cryptocurrencies.
• Platform: Proprietary web-based platform + integration with TradingView for charting. Mobile app: none (trading on mobile devices is possible through a browser-based web version).
• Minimum Deposit: $10 (exceptionally low).
• Minimum Trade Size: $0.01 on binary options for certain assets (or $1 in many cases). For CFDs, flexible small-lot trading is possible.
• Account Types: Bronze, Silver, Gold (varying deposit thresholds, bonuses—see below).
• Deposit Bonus: Ranging from 20% to 200% (depending on deposit amount and promotions).
• Demo Account: Available with $10,000 in virtual funds, provided on request or upon registration (risk-free practice).
• Special Features: Copy trading (following top traders), “Double Up” (doubling a position), “Rollover” (extending option duration), “Cancel”/“Sell Out” (closing a trade early), risk-free trades for new clients.
• Deposit/Withdrawal Methods: Bank cards, Visa/MasterCard payments, bank transfers, cryptocurrencies (Bitcoin, Ethereum, Tether, etc.), some e-wallets.
• Fees: No broker fee for deposits (although a 5% fee applies if depositing via card), a 20% withdrawal fee on principal in many cases (details on this contentious fee in the withdrawal section), an inactivity fee of $10/month after 30 days without trades, spreads on CFDs from ~0.7 pip, no direct commissions on binary options trades.
• Support: 24/7 live chat (including video chat), email; multi-language support (English, Russian, etc.).
• Competitors: Similar offshore binary brokers include Pocket Option, Olymp Trade, Quotex, Binomo, and also VideForex, BinaryCent, and RaceOption (some of these belong to the same group as IQCent).

IQCent Account Types

The broker provides several account tiers with different benefits. The main categories are Bronze, Silver, and Gold, offering various minimum deposit requirements, bonus percentages, and extra features for traders. Here is a comparative table:

(Note: Some references mention a VIP level at ~$50,000+ with custom conditions, but the official site primarily lists the three account levels above.)

Account Types in Detail

Beginners usually start with the Bronze account, as it only requires a $10 deposit and includes all the essential features: round-the-clock support, copy trading, and a 20% deposit bonus. The Silver tier, starting at $250, offers a higher bonus of up to 50% plus three risk-free trades (if they lose, IQCent typically reimburses them in bonus funds). Silver account holders also gain access to a “Master Class” (an online learning session) to bolster their trading know-how.

The Gold account, for deposits starting at $1000, is designed for larger-scale trading. Besides granting the maximum standard bonus of 100%, it provides a dedicated “Personal Success Manager” to guide the client in platform navigation and strategy. All account types allow you to request a $10k demo mode (in some cases, it must be activated by contacting support).

Keep in mind that withdrawal policies remain uniform across account types—no account tier is exempt from fees or turnover requirements tied to bonuses (explained later). However, higher tiers do offer risk mitigation via risk-free trades and potentially greater profit opportunities thanks to more substantial bonuses. Traders can start with a Bronze account and automatically move to Silver or Gold as their deposits grow, gaining added benefits in the process.

IQCent Trading Platform and Tools

IQCent has developed its own browser-based trading platform that requires no software installation. You can access it via web browser on both desktops and mobile devices. The interface is contemporary and straightforward: the main chart is in the center, while on the right side is the trade panel (where you select amount, expiration, and direction for a binary option, or set up CFD parameters). Many newcomers find it user-friendly: “Placing an order is easy; the interface is intuitive,” note some commentators.

TradingView Charts

One of IQCent’s advantages is the built-in integration with professional TradingView charts. Right inside the platform, you have access to more than 100 technical indicators, multiple drawing tools (trend lines, levels, shapes), and a range of chart types and time intervals from 5 seconds up to 1 day. Many binary options brokers do not provide such robust charting options. Thanks to TradingView, advanced traders can perform thorough market analysis without leaving the IQCent interface.

Binary Options Trading Modes

IQCent supports various binary options based on the chosen expiration period: turbo (from 5 seconds to 5 minutes), intraday (expiring within the same trading day), and longer-term (up to 30 days). Traders can manually select the contract type in the order window. You can choose “Fixed Time” for a strict expiration schedule, or turn it off to utilize rolling time within a specified period.

This flexibility means you can trade ultra-short 5-second positions—suitable for scalping or news trades—or hold an option for several weeks. IQCent advertises a potential payout of up to 98% on correct predictions, one of the highest in the industry. By comparison, many competitors offer around 80–95%. While a high payout can increase your per-trade profit, keep in mind that greater returns often come with higher risk.

CFD/Forex Trading

Aside from binary options, IQCent also supports CFD trading. This means you can open positions on price movements (buy/sell) without a fixed expiration, using the same instruments offered for options. CFDs (contracts for difference) allow leverage up to 1:100 on certain Forex pairs and other assets.

CFD trades are executed on the same platform: by switching to CFD mode, you can place Market or Pending orders, set stop-loss and take-profit, and hold the position indefinitely (though overnight swaps may apply, around 0.07% of position size per day). The spreads on major currency pairs begin around 0.7 pips, comparable to mid-range Forex brokers.

Note, however, that IQCent may charge up to a 5% fee on profits for some crypto CFDs (according to certain sources) due to the volatility risk. Overall, having both binary options and CFDs side by side gives traders more flexibility: you are not restricted to short-term expirations and can use leverage for more conventional trading.

Special Trading Features:

• Copy Trading. This is IQCent’s flagship feature, geared toward novices looking for passive opportunities. The platform shows a ranking of top-performing traders, and clients can automatically mirror their trades. You simply pick a successful trader, specify the amount you wish to allocate, and all of their live trades will be duplicated in your account. While this “social trading” concept can generate returns “on autopilot,” it carries inherent risk: past performance is not guaranteed, and you entrust your capital to someone else’s strategy. Still, many newcomers appreciate the convenience of copy trading. Reviews indicate it does function but advise caution when selecting traders and stopping the auto-copy if performance dips significantly.



• Double Up. Lets you instantly double your current binary option position. Essentially, the broker opens another position with identical parameters (asset, direction, expiration time), thus doubling your potential profit or loss. It can be useful if the market moves convincingly in your favor, but use it carefully to avoid doubling down on losses.
• Rollover (Extension). The ability to extend the expiration period of an existing option. If you believe your trade needs more time to move into profit, you can extend it once. The first rollover typically adds 100% of the original duration, and subsequent rollovers might add 30% more. Often, brokers charge a fee or require increasing your trade size to use rollovers. Check the details on IQCent, as conditions might vary (usually, you must raise your investment by a certain percentage to activate a rollover).
• Sell-Out (Early Closure). This feature allows you to close an option before its set expiration if it is “in the money” (profitable). You can lock in profit sooner to avoid a potential market reversal. However, if your position is losing, early exit may either be unavailable or result in a loss close to your full stake. This is handy for those who want to secure gains quickly, although it must be used judiciously.
• Risk-Free Trades. Offered to Silver/Gold clients as a welcome perk—usually covering the first three trades. If these trades lose, the broker compensates the losses in bonus credits. This lowers initial risk for new users and allows them to “test” real conditions without immediate losses. Naturally, any bonus-based reimbursement is subject to turnover requirements before a real withdrawal can be made.
• Personal Manager and Training Sessions. Gold account holders receive a dedicated Success Manager (akin to a private mentor). This specialist can offer strategic tips, assist in navigating the platform, and highlight promotions. There are also “Master Class” webinars that focus on IQCent trading strategies, technical analysis, and more. This service is meant to help clients make the most of the platform and enhance loyalty.

No MetaTrader and No Official Mobile Apps

IQCent does not support MetaTrader 4/5 or any other external terminals; trading is only possible via its proprietary solution. For binary options, this is relatively standard since MT4 usually does not accommodate them. Another point is that there is no dedicated mobile app (as of 2024).

Many brokers have standalone iOS or Android apps for convenient on-the-go trading. IQCent only offers a mobile-optimized web version. While it can function on smartphones, it may be trickier to do deep chart analysis on a smaller screen. Some websites mention an unofficial “IQCent app” via APKs, but the broker’s official site does not provide any direct links, so be wary of potential security risks from third-party sources.

Assets and Markets for Trading

IQCent’s selection of tradable assets is relatively broad—though not the largest—consisting of around 100+ underlying instruments, including:

• Forex (Currency Pairs): Major pairs (EUR/USD, GBP/USD, USD/JPY, etc.), several minor and exotic currencies, totaling a few dozen pairs overall.
• Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, etc. Crypto assets can be traded as CFDs (with leverage) or as binary options (short-term). Cryptocurrency markets are typically open 24/7, even weekends.
• Indices: Leading global stock benchmarks (S&P 500, Nasdaq, Dow Jones, DAX, FTSE, Nikkei, etc.). Allows speculative bets on overall market trends.
• Commodities: Gold, silver, oil, and possibly some agricultural products like wheat or coffee.
• Stocks: (limited). IQCent states that it supports stock trading, but in practice, the offering of individual shares is minimal or non-existent. According to user feedback, the broker focuses more on indices and crypto for 24/7 trading rather than individual company shares.

A Limited Selection of Assets

About 100 instruments is moderate—neither extremely large nor exceptionally limited. Quotex offers around 100, Pocket Option about 50–100, while Olymp Trade and Binomo usually have fewer (roughly 30–40). So IQCent is not lacking in variety compared to many peers, though it lacks a broad set of individual stocks that some advanced traders might desire. Still, major markets like Forex and crypto should suffice for the majority of binary options enthusiasts.

Liquidity and Quotes

The broker runs an OTC (over-the-counter) model, essentially being your counterparty. That is standard for many binary options providers. The main question is whether quotes are fair. IQCent says it sources prices from top liquidity providers and streams them in real time. There is no independent certification to confirm that. Still, no widespread complaints about manipulated quotes have surfaced in most reviews. Regardless, it is always wise to cross-check prices with external feeds (like TradingView) if you are scalping or trading short intervals.

Weekend Trading

Because IQCent offers cryptocurrencies and OTC pairs, trading is available seven days a week. Even when Forex markets and stock exchanges close on weekends, you can still trade crypto or “OTC assets” that mimic market movements. IQCent advertises “Non-stop trading, even over weekends,” which benefits individuals who only have time to trade on Saturdays and Sundays or simply prefer continuous practice sessions.

Leverage

For CFD trading, leverage can go up to 1:100. This means, for instance, with $100 in your account, you could control a $10,000 position. Leverage amplifies both potential gains and losses. On Forex pairs and precious metals, you may see up to 1:100, while indices or energy products might be limited to 1:50, and crypto is often 1:5 or 1:10 due to its volatility. The broker sets the leverage by default; you typically cannot adjust it. Binary options, of course, do not involve leverage in the same sense—your risk is limited to the option stake.

Overall, IQCent’s list of tradable markets matches up decently with other platforms, possibly offering more variety than certain binary-only brokers. Nonetheless, advanced or diversified investors might miss having a broader range of stocks or niche instruments.

IQCent Bonuses, Promotions, and Campaigns

Another area where IQCent stands out is aggressive bonus promotions. They generously reward both new and existing clients with deposit bonuses, tournaments, and giveaways. Let’s review the main ones:

Welcome Deposit Bonus

When you make your first deposit, IQCent offers a bonus ranging from 20% up to 200% of your deposit amount. The percentage varies based on how much you deposit:

• Bronze ($10+) – about 20% bonus.
• Silver ($250+) – up to 50% bonus.
• Gold ($1000+) – up to 100% bonus.

Occasionally, during special promotions (Black Friday, Cyber Monday, etc.), the broker boosts the bonus rate to 200–250%. That effectively triples your capital—e.g., deposit $1000 and get an extra $2000. While this can be enticing, remember that bonus funds are subject to trading turnover requirements before withdrawal. The rules usually stipulate a volume equal to 3x the bonus amount (or more).

Some reviews mention that even after fulfilling volume requirements, withdrawing can still be complicated or come with fees. If you are unsure, you may want to decline a large bonus at the outset, so you can withdraw your profit more freely (because unfulfilled bonus conditions can lead to withheld profits or a 20% fee, as discussed later).

Promo Codes

IQCent and its partners often circulate promo codes for bigger deposit bonuses. For instance, a code like BINARYTRADING might yield a 150% bonus. Such codes change frequently; you can find current offers on forums or affiliate websites. Typically, you enter these codes when signing up or making your first deposit.

Trader Contest

IQCent runs a weekly contest among its clients. Up to 20 prize spots are awarded each week. Some ads claim each top-4 winner receives $20,000, while others say the total pool is $20k shared among the winners. The exact details vary, but the sums mentioned are quite substantial—higher than many similar platforms. Generally, winners are picked based on highest trading volume or largest profits over the week. You automatically participate by trading, though we caution against overtrading just to chase a prize. Still, it is a notable perk.

Lottery and Prizes

Beyond the cash contest, IQCent occasionally hosts raffles for high-end devices. Anyone who deposits $250 or more and opts in can win Apple gadgets such as Apple Watch, iPhone 14 Pro, iPad Pro, iMac M1 24”, and so forth. They also raffle 100% bonuses. This is essentially a lottery that offers a chance at premium electronics—an extra enticement if you were planning a deposit anyway.

Risk-Free Trades

As already noted, Silver and Gold traders can use up to three “risk-free” trades. This can be viewed as a bonus, reducing initial risk while you get a feel for the platform. If the trades end up losing, the broker usually reimburses the amount as bonus funds subject to turnover requirements.

Referral Program

IQCent encourages users to refer others. You receive a 20% commission on each referral’s deposit. For example, if your friend deposits $100, you earn $20. A 20% referral reward is quite high compared to many brokers, signaling IQCent’s eagerness to attract new clients. Some individuals have turned this into a side income by promoting IQCent on social media or forums.

Competitors’ Bonuses and Tournaments

For comparison, Pocket Option holds tournaments as well, but often with smaller prize pools ($1k–$5k) and deposit bonuses around 50%. Olymp Trade and Binomo have moved away from large-scale bonuses in recent years due to regulatory constraints, focusing more on educational resources and loyalty programs than direct deposit matches. Quotex typically offers a 30–50% bonus. Hence, IQCent’s willingness to give a 200% bonus or lavish tournament prizes stands out—though it also raises questions about the platform’s sustainability. As always, a bonus is never “free money”; it comes with significant wagering conditions.

Depositing and Withdrawing Funds

You can fund your IQCent account using a variety of methods: bank cards (Visa/MasterCard), bank transfer, or cryptocurrencies. The broker actively promotes crypto deposits (BTC, ETH, LTC, USDT, XRP, and more). E-wallets like Skrill or Neteller are not directly mentioned, but you can use stablecoins (USDT) as an alternative.

The minimum deposit is $10 (crypto) or $20 (card). Funds appear instantly in your account for most payment methods, except for bank transfer, which can take 1–3 days.

Note: a 5% fee applies when depositing by credit/debit card. For instance, if you deposit $100 via Visa, you receive $95 after fees. Many brokers cover processing costs themselves, so IQCent’s approach stands out. It likely encourages users to deposit crypto—where standard blockchain fees usually cost less than 5%. If you have the option, crypto can be more cost-effective than using a card.

Creating an account and depositing is fast. IQCent typically does not require identity verification at signup. You only provide an email, username, and password. However, KYC checks may be needed later during withdrawals. Some individuals report that the broker processed withdrawals without ID verification, but be prepared to submit documents (passport, card scans, etc.) if asked.

Withdrawals

To withdraw your funds, you can use the same methods you used to deposit: bank card, crypto wallet, or bank wire. The minimum withdrawal is $20, which is pretty accommodating (other brokers may require $50 or $100). IQCent advertises an ultra-fast payout process—“We guarantee processing your withdrawals within one hour.” In reality, once approved, crypto withdrawals can arrive relatively quickly, whereas card or bank transfers may take 1–3 business days to show up, due to payment system protocols.

20% Withdrawal Fee—A Major Caveat. One of IQCent’s most controversial points is its withdrawal fee. The broker often deducts 20% of your requested withdrawal unless you have met specific turnover requirements, typically triple your deposit (especially if you took a bonus). Many traders confirm that even without a bonus, you may still face a 20% fee. For instance, one user notes, “They are not refunding my money. They want 20% if I withdraw.” This policy puts IQCent at odds with standard industry practices, where fees are usually modest or nonexistent for withdrawals.

IQCent rationalizes the deduction as an anti-money-laundering measure and a way to ensure traders are not simply depositing and withdrawing immediately. In effect, though, it encourages you to keep funds on the platform. Many reviewers find this suspicious, with some calling it an outright scam tactic. If you choose to trade on IQCent, understand you may be forced to accept losing 20% upon withdrawal unless you generate enough trading volume. Even then, feedback suggests the fee may be unavoidable. This is a stark negative compared to regulated brokers, who rarely charge anything close to 20%.

It may be wise to start with a small deposit and test the withdrawal function promptly. Another approach is to try to grow a modest account significantly before making a single withdrawal, but this is also risky. Keep in mind that none of IQCent’s peers like Pocket Option or OlympTrade impose a 20% withdrawal commission. That fact alone heavily undermines trust in IQCent.

Limits and Withdrawal Frequency

IQCent claims you can request withdrawals daily, but frequent small withdrawals are not sensible due to the 20% fee. The minimum of $20 is low enough to be accessible. Some forum posts indicate that amounts under ~$1000 may be processed automatically, while larger sums might face extra scrutiny.

For bonus-related profits, the broker may also revoke the bonus at withdrawal time (as per the rules: “IQCent may cancel any bonus awarded at the time of withdrawal”). So if you deposited $500, got a $250 bonus, earned some profit, and then requested a payout, be prepared for the bonus portion to vanish, which is standard in many bonus structures.

Withdrawal Problems

It is important to acknowledge that numerous user comments detail difficulties withdrawing larger amounts from IQCent. Some mention that the broker blocks their account or demands additional deposits for “verification”—a known scam ploy. For example, a user recounts being asked to pay a 20% “tax” upfront before receiving any payout. Such stories are undoubtedly red flags.

In contrast, some traders say they successfully withdrew small profits ($100–$200 in crypto) with no hassles. It may be that IQCent lets minor withdrawals go through but complicates larger sums. We must note these significant risks. Always approach IQCent cautiously: never invest more than you can afford to lose, and if you earn a profit, consider making partial withdrawals.

Bottom line on deposits/withdrawals: Funding your IQCent account is straightforward (especially with crypto), but the 20% withdrawal fee and uncertain outcomes raise serious concerns. This fee and the broker’s track record drastically set it apart from more established alternatives.

Customer Support and Client Education

IQCent highlights 24/7 multi-channel support. A live chat window is available on the site for immediate assistance. Uniquely, the broker also offers video chat support, a feature originally introduced by related brands like BinaryMate. In the video chat, you see a real person on camera addressing your questions—intended to boost trust. According to user experiences, support staff are relatively quick to respond, especially when dealing with basic queries regarding deposits or bonus details. You can also email or submit a contact form request.

Language Support

The platform’s interface is translated into a wide variety of languages, and support is presumably at least available in major ones (English, Russian, Spanish, possibly Chinese). On the Russian version of IQCent.trade, it states that Russian language support is provided around the clock. Many offshore brokers do not offer extensive language options, so this is a positive note for those who prefer to communicate in their native tongue.

Effectiveness and Assistance

In our own inquiries via website chat, operators replied promptly—usually within a minute or two. Routine questions (how to deposit, how bonuses work) were handled with standard scripts. More complex issues (such as the 20% withdrawal policy or regulation) drew vague or indirect replies.

For instance, when asked about the 20% fee, support confirmed it but justified it as an “anti-money-laundering” measure and quickly pivoted to pitching a deposit bonus. In short, they are trained to keep customers on the platform. For purely technical questions or platform navigation, the support seems helpful.

Client Education

IQCent’s website includes an FAQ and a “Guides” section. These cover the basics: registration, placing trades, beginner-friendly strategies, and terminology explanations. That is a decent starting point, although not as comprehensive as the training libraries offered by competitors like Olymp Trade. Silver/Gold members gain access to a “Master Class,” presumably a webinar or recorded video with an in-house expert. Overall, the educational material is basic, so new traders may want supplemental resources elsewhere.

Additional Services

The broker also advertises an economic calendar and some form of trading signals (possibly delivered via SMS or within the platform). For instance, TradersUnion once featured an article about IQCent’s signals, but the reliability of such signals is uncertain, so it’s best to evaluate them critically.

Handling Complaints

If a client encounters a significant dispute (like a delayed withdrawal), the lack of external regulation limits legal recourse. IQCent is not governed by European regulators or recognized bodies that enforce protective measures. It claims affiliation with IFMRRC, which does not have a robust track record for complaint resolution. Some might consider approaching an organization like FinaCom, but IQCent is not a member. Hence, disputes typically remain internal, and support might be unhelpful if there are fundamental payout issues.

Conclusion: IQCent’s customer support is readily accessible and generally polite, but the scope of their assistance is constrained by the company’s underlying policies. The platform does offer introductory educational content, but beginners should seek thorough training from more neutral sources.

Real Trader Feedback on IQCent

When assessing any broker, real user experiences are essential—especially regarding withdrawals. Below is a summary of feedback from diverse sources (Reddit, Trustpilot, ForexPeaceArmy, Sitejabber, Slashdot, YouTube comments). The results are mixed but instructive:

⭐ Positive Reviews
Some traders praise IQCent’s low entry threshold and its generous payout percentages. For example, on Sitejabber, the average rating is around 3.8/5, with certain reviewers highlighting: “I was drawn by the $20 minimum deposit on Bronze. I started with $50, which worked for my cautious style. The platform is convenient, and I withdrew small crypto profits with no headaches.” Others mention copy trading can be profitable if you choose a consistently successful signal provider. Positive remarks often come from less-experienced users who appreciate the easy onboarding.

Additionally, people compliment the bonus system: “The broker doubled my account with a deposit bonus, giving me more margin,” they say. Some have also confirmed quick payouts on small amounts (like $100–$200) to their crypto wallets.

⚠️ Negative Reviews
Unfortunately, there is a significant volume of negative experiences, mainly centered on withdrawal troubles, especially larger amounts. One typical example from Reddit: “IQCent is a scam. They won’t pay out, making flimsy excuses before blocking accounts… Stay away.” Another user says, “This is the most fraudulent platform, in my view. I was scammed here. They refuse to return my funds. They demand a 20% withdrawal fee. They are a group of thieves.”

ForexPeaceArmy similarly labels IQCent “SCAM,” with multiple one-star reviews. Many revolve around the 20% fee or improbable verification demands. Traders describe managers pressuring them to deposit more “to unlock withdrawals,” a known fraudulent tactic. These consistent accusations do not inspire confidence.

Neutral or Mixed Reviews
Some try to strike a balance, acknowledging both the benefits (easy start, copy trading, big bonuses) and high risk. They liken IQCent to a casino environment, cautioning that it is not suitable for larger capital. Others claim that small sums can be withdrawn but advise never to keep large amounts in the account. “I used IQCent mainly for short-burst high-risk trades,” one review says. “I managed to withdraw smaller gains, minus the fee, but I see it as paying for the thrill and experience.”

Aggregate Scores from Major Sites:

• Trustpilot: Hard to locate an official IQCent profile; scattered negative comments reference scam allegations.
• ForexPeaceArmy: 1 out of 5 stars, “IQCent is a scam broker. Avoid.” Many negative claims about withheld funds.
• Sitejabber: 3.8/5 (about 15 reviews), seemingly more positive, possibly influenced by affiliates.
• Slashdot: 4.6/5 (35 reviews), which is quite high. The content appears promotional and might be affiliate-driven.
• ThatSucks (BinaryOptionsThatSuck.com): Gave IQCent a harsh critique, highlighting unregulated status and onerous fees.
• YouTube: Varied. Affiliate promoters often post glowing videos, while some “exposé” channels highlight withdrawal woes.

Overall Conclusion on Feedback: IQCent does not enjoy strong credibility in the broader trading community. Compliments often target the platform’s usability and bonus structure, but serious criticisms revolve around withdrawal obstacles. If you plan to try IQCent, proceed with caution: begin with a small deposit, do not invest funds you cannot afford to lose, and test withdrawals incrementally. As always, weigh the broker’s advantages (copy trading, broad asset range) against its glaring drawbacks (notably the 20% fee and questionable reliability).

Igor Lementov - Financial Expert and Analyst at Trading-Today.net