Iqcent review – everything about login, bonus promo code, demo account, deposit and withdrawal. Iqcent is definitely a scam broker, please read the review before making a deposit.
| Official site | https://iqcent.com |
| Related brokers | https://binarycent.com https://binarymate.com https://finrally.com https://raceoption.com https://videforex.com |
| Year of foundation | 2017 |
| Regulated by | |
| Trading instruments | 100+ assets CFDs, Forex and binary options on currencies, commodities, crypto, indices, stocks |
| Average and maximum profitability of BO | 70%-80%, up to 95% |
| Most popular | IQcent in Trinidad and Tobago, Guyana, Jamaica, Portugal, Angola, Barbados, Nigeria, Panama, Ghana, Dominican Republic |
| Provision of services in the US, UK, Canada, European Economic Area | The US |
| Min. trade size | $ 1 |
| Account types | Bronze, Silver, Gold |
| Minimum deposit | $ 250 |
| Minimum withdrawal | $ 50 |
| Deposit & withdrawal methods | 3+ |
| Payment Fees | |
| Trading hours | 24/7 |
| Trading platforms | Proprietary platform |
| Mobile App | |
| Demo | Only after deposit |
| Copy Trading | |
| AT/Robots | |
| Bonus | Up to 200% |
| Affiliate program |
This broker is a scam from the creators of BinaryCent (FGC and CPL). We recently discovered that they have 5 more brokers – Binarymate, BinaryCent, Finrally, RaceOption and VideForex.
The reviews of brokers BinaryCent, BinaryMate, Finrally, RaceOption and VideForex already detail many of the evidence of their fraud. Now let’s try to quickly introduce some of them.
Iqcent: login, bonus promo code and demo account
When you login the iqcent website, you have a déjà vu feeling if you know about BinaryCent. Where has it been before?
The scheme is still the same and apparently worked well the first time. You will immediately receive a 10-80% bonus in one of the gifts and they also send you a 100% bonus promo code by email. And you get even more bonus if you deposit your account with a large amount.
In other words, after login, you are offered a useless bonus. It’s issued only to make you lose your deposit faster. All losses of funds will occur from the main deposit, and only then from the bonus. Also in the rules there are many points about its cancellation. You can download a complete list of rules on iqcent official website.
IQcent does not provide a demo account for free. And of course you shouldn’t give these scammers $ 250 to get a demo account.
With these brokers, the copy trading function also works against you. Iqcent does not have a trading app, you do not need to download and setup anything!
But all this still does not prove 100% of their fraud (apart from their connection with BinariCent). There is the next section for this.
A fictional company that is not regulated
To begin with, iqcent is not regulated by anyone. You will not find any licenses for the provision of trading and brokerage services. There is very little information on the site, only in the agreement you can find the following:
IQ cent as the Company, operated by Wave Makers LTD – Nr. 103581, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960, which operates on behalf of FGC, holding financial services license, offers access to its web page and use related services by any individual or corporate entity (hereinafter referred to as the Client) according to the procedure and on the terms and conditions described in this Agreement.
Wave Makers Ltd does not exist, and if you google, you can find a binarycent.
They don’t decipher the abbreviation FGC. But this refers to Finance Group Corp, which is the “parent” of several fraudulent trading platforms (They also have a company called Cent Projects Ltd). Finance Group Corp and Cent Projects Ltd are on the CFTC (Commodity Futures Trading Commission) red list. They were also accused of scam by the New Zealand regulator FMA (Financial Markets Authority) and others.
Conclusion of the review IQcent
There is enough evidence in this Iqcent review to call it a scam broker. Doubts about his honesty appear immediately after entering their website. In order for you to make a deposit, you are offered a lot of bonuses. Even a demo account is not provided immediately.
Finance Group Corp specializes in such fraudulent trading platforms where there is little information about them and many calls to start trading. The same thing happens with Binarycent, which is under their management, but they have deleted information about it. This time, they probably wanted iq cent to be confused with IQ Option, which is one of the most popular trading brokers for CFDs and binary options.
Iqcent is not a legit and good broker. Hope you are not a victim of these scams. You can find a reliable trading brokers here.
No, it is not regulated. You will not find any licenses for the provision of trading and brokerage services.
The broker is scam and not worth trading with. The review describes the similarities with 4 other platforms and all points to the poor reliability of the broker. For safe and secure binary options, forex and cfd trading, it is better to find a more reliable and secure trading platform.
The broker provides a free bonus promo code, but please read the rules carefully. A demo account is provided only after a minimum deposit of $ 250.
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