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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
Founded2017
Registered Country/RegionMarshall Islands
RegulationNot regulated
Market InstrumentsForex, Commodities, Crypto, Indices, CFDs
Demo Account✅
LeverageUp to 1:500
SpreadNot disclosed (no specific EUR/USD spread found)
Trading PlatformIQCent Web Platform, IQCent Mobile Platform
Min Deposit$250
Customer SupportLive 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.

IQCent Information

Pros and Cons

Pros Cons
Wide range of account types and featuresNot regulated
Leverage up to 1:500No 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.

Is IQCent Legit?

  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.

Is IQCent Legit?

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❌
What Can I Trade on IQCent?

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 TypeMin DepositKey FeaturesBest For
Bronze$10020% bonus, 0.1% TradeBack, 8h withdrawalsBeginners
Silver$1,00050% bonus, 0.5% TradeBack, 4h withdrawals, personal managerIntermediate traders
Gold$5,000100% bonus, 1% TradeBack, 1h withdrawals, higher limitsAdvanced traders
VIP$50,000200% bonus, 2% TradeBack, instant withdrawals, personal supportHigh-net-worth or professional traders
Account Types

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 PlatformSupported 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
Trading Platform

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. DepositFees Processing Time
Credit Card (VISA/MasterCard)$250FreeInstant upon confirmation
Bank Wire Transfer$250FreeInstant upon confirmation
Bitcoin / Ethereum / Litecoin$250FreeInstant upon confirmation
Credit Card (VISA/MasterCard)$250FreeInstant upon confirmation

Withdrawal Options

Withdrawal Options Min. Withdrawal Fees Processing Time
All Supported Methods (same as above)$20FreeWithin 1 hour (after ID verification)

Related broker

No Regulation
IQCent
Company name:Wave Makers LTD
Score
1.50
Website:https://www.iqcent.com/
5-10 years | Suspicious Regulatory License | High potential risk |
Score
1.50

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