IQCent Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-04-28 20:19

Abstract：IFounded in 2017, IQCent is registered in the Marshall Islands. It provides simplified web and mobile interfaces, enables crypto and fiat funding methods, and caters to traders of different skill levels via tiered accounts. Its absence of regulation and expanded openness, meanwhile, is a drawback.

IQCent Review Summary
Founded	2017
Registered Country/Region	Marshall Islands
Regulation	Not regulated
Market Instruments	Forex, Commodities, Crypto, Indices, CFDs
Demo Account	✅
Leverage	Up to 1:500
Spread	Not disclosed (no specific EUR/USD spread found)
Trading Platform	IQCent Web Platform, IQCent Mobile Platform
Min Deposit	$250
Customer Support	Live chat, phone, and email (24/7 availability)

IQCent Information

　　Founded in 2017, IQCent is registered in the Marshall Islands. It provides simplified web and mobile interfaces, enables crypto and fiat funding methods, and caters to traders of different skill levels via tiered accounts. Its absence of regulation and expanded openness, meanwhile, is a drawback.

Pros and Cons

Pros	Cons
Wide range of account types and features	Not regulated
Leverage up to 1:500	No MetaTrader platform support
Instant deposits and fast withdrawals (within 1 hour)	Lack of clarity on spreads and swap fees

Is IQCent Legit?

　　IQCent is an unregulated broker. Though it says to be registered in the Marshall Islands, it is not licensed or monitored by the Marshall Islands Financial Services Authority (FSA) or any other acknowledged financial authority.

　　WHOIS records show the domain iqcent.com was registered on January 30, 2017 and now expires January 30, 2026. Last updated the domain was April 24, 2024. Its present condition is “client transfer prohibited,” which means it is shielded from unapproved modifications including domain transfers.

What Can I Trade on IQCent?

　　Covering a range of markets including currency pairs, cryptocurrencies, commodities, and indices, IQCent says to provide access to more than 100 trading assets.

Tradable Instruments	Supported
Forex	✅
Commodities	✅
Crypto	✅
CFD	✅
Indexes	✅
Stock	❌
ETF	❌

Account Types

　　IQCent offers four types of live trading accounts: Bronze, Silver, Gold, and VIP, each tailored to different levels of trading experience and deposit sizes. While an Islamic (swap-free) account option is not mentioned, a demo account is clearly available starting from the Bronze level.

Account Type	Min Deposit	Key Features	Best For
Bronze	$100	20% bonus, 0.1% TradeBack, 8h withdrawals	Beginners
Silver	$1,000	50% bonus, 0.5% TradeBack, 4h withdrawals, personal manager	Intermediate traders
Gold	$5,000	100% bonus, 1% TradeBack, 1h withdrawals, higher limits	Advanced traders
VIP	$50,000	200% bonus, 2% TradeBack, instant withdrawals, personal support	High-net-worth or professional traders

Leverage

　　IQCent offers leverage of up to 1:500, allowing traders to control positions that are 500 times larger than their actual investment.

IQCent Fees

　　QCent provides zero registration and maintenance fees, which lowers the barrier for entry. However, lack of transparency around actual spreads and overnight swap fees (for holding positions past market close) could be a limitation for cost-sensitive traders.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
IQCent Web Platform	✔	Web browser (desktop/mobile)	Beginners and intermediate traders seeking a simple interface
IQCent Mobile Platform	✔	iOS, Android (web-based, possibly app)	Traders preferring to trade on-the-go
MetaTrader 4 (MT4)	❌	–	Not supported
MetaTrader 5 (MT5)	❌	–	Not supported

Deposit and Withdrawal

　　IQCent does not charge any deposit or withdrawal fees.

　　The minimum deposit amount is $250, and the minimum withdrawal amount is $20.

Deposit Options

Deposit Options	Min. Deposit	Fees	Processing Time
Credit Card (VISA/MasterCard)	$250	Free	Instant upon confirmation
Bank Wire Transfer	$250	Free	Instant upon confirmation
Bitcoin / Ethereum / Litecoin	$250	Free	Instant upon confirmation
Credit Card (VISA/MasterCard)	$250	Free	Instant upon confirmation