Quotex vs IQCent

Quotex or IQCent – which is better for UK traders 2025? Compare Quotex and IQCent in this detailed breakdown of their platforms, features and fees.

Quotex vs IQCent Comparison Table 2025
Quotex IQCent
rating empty Not Rated
rating empty
rating full
3.7
Quotex is ranked # among . IQCent is ranked #2 among binary options brokers.
Review
Quotex has closed or no longer accepts UK clients.
IQCent is an offshore binary options and CFD broker based in the Marshall Islands. The brand continues to offer a range of unique account types with bonuses and perks, including payout boosts, TradeBacks and free rollovers. With 100+ assets, around-the-clock trading and 98% payouts, the firm is popular with aspiring short-term traders.
Pros
  • The broker offers up to 98% payouts on binary options, which is more than alternatives like Pocket Option, only offering up to 92%
  • The proprietary terminal offers TradingView-powered charts which deliver dozens of technical indicators and studies
  • IQCent is one of the few binary options brokers that also offers a copy trading service for hands-off traders
  • CFD trading fees are competitive based on tests, including 0.7 pips on major forex pairs such as EUR/USD
  • The broker's 24/7 customer support is fast and reliable, responding within 1 minute during tests
  • There's an accessible $0.01 minimum stake for new traders with a small budget
  • Keen traders can take part in trading contests with cash prizes
Cons
  • IQCent trails binary brokers like Quotex with its narrow investment offering of around 100 assets with no stocks
  • The broker is not overseen by a respected regulator, though this is common among binary options firms
  • IQCent charges a punitive $10 monthly inactivity fee if you fail to place at least 1 trade per month
  • The market analysis is very basic with limited technical summaries and insights from analysts
  • There's no automated trading support for algo traders
Awards
  • Best Binary Broker 2023 - DayTrading.com
FCA Regulated
No

List of FCA Regulated Brokers

Instruments
Binary Options, CFDs, Forex, Indices, Commodities, Crypto
Bonus
20% to 200% Deposit Bonus
Demo Account
Yes
Minimum Deposit
$250
Payment Methods
Minimum Trade
$0.01
Regulator
IFMRRC
Mobile Apps
iOS & Android
Trading App

IQCent offers mobile trading directly through major browsers with an intuitive design that we love. You can navigate your account, browse assets and trade binaries in a few clicks. Straightforward access to the copy trading feature at the bottom is also a bonus, alongside the interactive charts which you can pinch to zoom.
iOS App Rating
rating empty
rating empty
rating full
4.3
Android App Rating
rating empty
rating empty
rating full
4.1
Margin Trading
Yes
MetaTrader 4
No
MetaTrader 5
No
cTrader
No
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No
ECN Account
No
DMA Account
No
MAM Account
No
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
No
Market Maker
No
P2P Trading
No
Spot Trading
No
Auto Trading
No
Copy Trading
Yes
Copy Trading Platform
A copy trading service is pre-integrated into the broker’s web platform, where you can follow and replicate the trades of up to 10 established investors. Where it shines is its ease of use - you simply decide how much you want to invest and hit 'copy'. On the downside, the pool of master traders is narrow and you get limited data on past performance, making it less reliable.
Social Trading
Yes
VPS Hosting
No
Tournaments
Yes
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
$10
Islamic Account
No
Account Currencies
  • USD
  • EUR
Commodities
  • Gold
  • Copper
  • Oil
CFD
CFDs are available on forex, indices, commodities and cryptos, although the range of 100+ instruments is limited compared to alternatives such as Quotex with 400+. Leverage is available up to 1:500 but the $250 minimum deposit is noticeably higher than competitors.
Leverage
1:500
FTSE Spread
1.4
GBPUSD Spread<
0.8
Oil Spread
0.05
Stocks Spread
N/A
Forex
IQCent traders can access CFDs or binary options on 45+ forex pairs. CFD spreads start from 0.3 pips and binary options payouts are decent up to 95%. This is competitive compared to Pocket Option, for example, offering forex payouts up to only 81%.
Assets
49
GBPUSD Spread
0.8
EURUSD Spread
0.3
EURGBP Spread
0.8
Cryptocurrency
IQCent offers 17 crypto pairs through its proprietary terminal, including Bitcoin, Ethereum and Litecoin. Leverage on crypto CFDs is capped at 1:10, whilst binary options payouts vary by token but remain competitive. OTC assets, for example, pay out up to 95%.
Spread
Variable
Coins
  • BTC
  • ETH
  • LTC
  • ETC
  • DOGE
  • MATIC
  • QNT
  • SOL
  • XRP
  • USDT
  • XMR
  • BNB
Crypto Lending
No
Crypto Mining
No
Crypto Staking
No
Auto Market Maker
No
Binary Options
IQCent offers binary options with above-average payouts up to 98%. The broker supports an online platform with basic analysis tools but a wide range of timeframes, from 1 minute to 1 month, catering to short and long term trading strategies. Considering the negatives, there are no binaries on stocks.
Payout
98%
Expiration Times
5 seconds - 1 month
Boundary Options
No
Ladder Options
No
Quotex IQCent
Review
More Comparisons
Quotex
vs

 IQCent
vs