IQCent is a relatively well-known broker that specializes in CFD and binary options trading. It has very attractive trading conditions, a wide variety of available instruments, and interesting additional options like a proprietary terminal with copy trading support. However, it may seem unfriendly for some novice traders, and sometimes you need to spend too much time trying to figure out how to access a certain feature. To help you get started as soon as possible, we’ve made this brief guide on IQCent trading.
Founded in 2017, IQCent is a reliable online broker registered in the Marshall Islands. It has CFDs on all kinds of assets, including currency pairs, commodities, and cryptocurrencies. However, the broker is mostly known as a very convenient broker for binary options trading. The broker is not regulated by any major financial authority, but it seems to employ advanced encryption algorithms and other means of protecting your funds. All in all, you can definitely trust IQCent with your money.
The minimum deposit is just $20, and the leverage goes all the way up to 1:500. The broker provides you with basic tools for technical and fundamental analysis. There is also an educational section, but it’s not too informative: you can learn only the most basic things about binary options and crypto here, but there are no detailed guides. That’s why many novice traders struggle with the interface and can’t understand how to get started. Let’s actually check out how to buy/sell on IQCent.
How to trade
First of all, you have to get signed up. You can create an account by visiting the website or simply via the official mobile app available for both iOS and Android devices. All you need to sign up is an email and a password. There are three account types here. Bronze accounts allow you to start trading with $20, and the deposit bonus is 20% for all deposits. Silver accounts require at least $1,000, but these have additional options, and the bonus is 50% of the deposit amount. Gold accounts require $3,000, but the deposit bonus goes up to 100%.
Once your account is created, you need to deposit funds and start trading. IQCent accepts payments via credit cards or with crypto. You can also receive a welcome bonus of up to 80% if you deposit your funds within 24 hours from the moment of registration. Then, just go to the CFD trading tab and place orders.