General Information & Regulation
Operating from Majuro, Marshall Islands, IQCent is an online financial services provider that gives traders around the world access to the financial markets via a proprietary trading platform. There is no regulatory information on the brokers website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can.
Market Instruments
IQCent offers access to over 100 financial instruments across different asset classes, such as forex, commodities, indices, cryptocurrencies, options, and CFDs.
Minimum Deposit
IQCent requires a minimum deposit of as low as $10. Although this amount is acceptable for most regular traders, given the fact that IQCent is not subject to any regulation, traders are not advised to register real trading accounts here.
Spreads & Commissions
In terms of spreads and commissions, IQCent does not make this part clear. For example, the spread on the EUR/USD pair offered by many brokers varying from 1 pip to 1.5 pips.
Trading Platform Available
IQCent offers a proprietary trading platform that is packed with different chart types, including the Tick chart and candlestick chart, instead of the industry-recognized MT4 or MT5 trading platform.
Trading Tools
IQCent offers some trading tools for an enhanced trading experience, including the copy trading tools that allow traders to copy the trades of other traders.
Deposit & Withdrawal
To fund an account, the user has the opportunity to deposit via credit cards, debit cards, Bitcoin, cryptocurrencies, and PerfectMoney. The payment area reveals, that the minimum deposit is just $10. The website revealed that withdrawals via credit and debit cards are issued a 5% commission charged by the payment system and not the broker.
Customer Support
IQCent has a client support team that is available 24/7 to respond to traders inquiries. They can be reached through the following contact channels: telephone, email, Live Chat, and social media.