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iqcent

Marshall Islands|2-5 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://iqcent.pro/

Website

Rating Index

Contact

https://iqcent.pro/
Nr. 103581, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
https://twitter.com/iqcent

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
*No restriction on the broker account

Single Core

1G

40G

1M*ADSL

Warning: Low score, please stay away!
2024-12-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic information

Registered region
Marshall Islands
Operating period
2-5 years
Company Name
Wave Makers LTD
Abbreviation
iqcent
Company employee
--
Company website
Company address
Nr. 103581, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
Keywords 4
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

FX1108125345

United States

My experience with this platform has been a blend of positive and negative. Instant deposits and fast withdrawals are very convenient, and the trading contests are a fun addition. The regular market analysis is helpful and personally I liked how it looks there - the interface is modern and minimalistic. The copy trading feature is also a valuable learning tool. However, the absence of MetaTrader 4 is a significant drawback for many experienced traders. The short inactivity period before fees and the severely limited stock selection (only four equities) are major concerns. It's a viable option for beginners, but its limitations could quickly become frustrating.

Neutral

12-02

bobby9015

South Africa

Date: Saturday, 07 September 2024 (If I'm not mistaken). Click support gave me an amazing service https://hey.link/wDH4m ,the support gave me such Amazing Service. Was very professional, efficient, willing to help and go the extra mile. I had taken a Ticket for 1 thing, but ended up asking more questions, and he gladly helped me out. I come from the Hospitality Industry, so Customer Service is very important to me, and he Was truly Outstanding!👌🏾

Neutral

09-15

FX2211438151

United States

Mobile app for iOS and Android simplifies trading for busy professionals like me. With it, I can analyze charts, manage positions, and receive push notifications from anywhere. The app mirrors the desktop platform, ensuring full functionality on the go. Despite its convenience, I find IQCent's stock CFD assets too limited. Diversifying this selection would enhance trading opportunities. Nonetheless, the well-designed mobile app offers crucial flexibility, liberating trading from my home office to accommodate even client meetings.

Neutral

08-08

MichaelRoss

United States

Last Wednesday, I managed to close a profitable EUR/JPY trade while waiting for my morning coffee – talk about multitasking! I also appreciate their bonus programs; this month’s deposit match significantly boosted my trading capital. However, I’ve noticed that their market analysis could be more comprehensive. As someone who likes to conduct thorough research before making trades, I often have to use external sources. It’s not a deal-breaker, but more detailed analysis tools would be a welcome addition.

Positive

11-03

JayNelson

United States

The leverage options on this platform have really expanded my trading potential. Last week, I used 1:500 leverage on a forex trade and saw impressive results. I’m cautious with leverage, but it’s great to have that option when spotting an opportunity. Another aspect I love is the instant deposits; I’ve never had to wait more than a few minutes for funds to be available. However, the short period before applying inactivity fees feels a bit stressful, as it might push traders into making rushed decisions.

Positive

10-15

ZazaF.

India

IQCent has some solid offerings that I've found beneficial. Their web trading terminal is simple yet functional, and I love that it's compatible with most devices. It makes trading on-the-go a breeze. Another plus is their support for cryptocurrency deposits and withdrawals, which adds a layer of convenience and privacy. However, the limited stock selection is a bit disappointing. With only four equities available, it feels quite restrictive. Despite this, IQCent's user-friendly platform and crypto support make it a decent choice for many traders.

Positive

08-21

HarryGray

United States

As a full-time trader, I regularly withdraw funds from my account to manage risk. IQCent's guaranteed 1-hour withdrawal processing is incredibly fast and reliable, allowing me to swiftly secure profits daily. I've repeatedly tested withdrawals of various amounts, and each time my funds are accessible within 60 minutes. Additionally, the option to deposit and withdraw using cryptocurrencies adds flexibility. IQCent's rapid withdrawal system is a significant advantage for active CFD traders like myself.

Positive

08-02

Chad Black

Argentina

From day one, this broker has been transparent with fees and business practices. Their one-hour crypto withdrawal processing is consistent and reliable. The charting tools could use some improvement, but their honest dealings have earned my trust.

Positive

06-27

David Robinson

United States

For traders who value market analysis, this broker excels with frequent, detailed reports. Their other features, like crypto withdrawals and copy trading, are top-notch. The limited range of tradable assets is a downside, but for the assets they cover, they offer elite service.

Positive

06-16

William Wise

United States

After years of trading and dealing with clunky platforms, shady withdrawal processes, and hidden fees from other brokers, it's been an absolute breath of fresh air working with this company. Their web trading platform is sleek and user-friendly, crypto withdrawals hit my wallet within an hour guaranteed, and their fee structure is transparent with no shady surprises. And if all that wasn't enough, their frequent trading contests with cash prizes are just the icing on the cake! A rare company in this industry that does basically everything right.

Positive

06-02

Dave644

United States

I've been trading currencies with this broker for over two years now, and they've consistently delivered on their promise of fast withdrawals and payouts via crypto. Like clockwork, any time I request to take profits off the table, those funds show up in my digital wallet within the 1-hour time frame they guarantee. And that peace of mind, knowing you can access your money promptly with no games, is huge after dealing with shady operators in the past who constantly made excuses. There are no other major cons to speak of - just a reliable, stand-up broker.

Positive

05-29

Anthony Valdez

United States

For me, contests are the most engaging and beneficial aspect of trading with IQCent, as they provide us with weekly demo contests with real money prizes. It is obvious that the rate of competition is high; however, the high-risk situation, which challenges my abilities positively against other traders, motivates me in a great way. It motivates me to develop and implement tactics that are meticulous and regimented. Even though I didn’t finish in the top 200 (224th) recently, I think the experience of being on the competition level has been a great lesson. I always eagerly wait for the next tournament so that I can try my new abilities.

Positive

04-22

George Boyd

India

For traders like myself operating with small initial capital, IQCent's offering of leverage up to 1:The ability to lock up 500 on some assets generates massive and unstoppable accounts growth. In the initial stages, with the help of responsible position sizing and high leverage ratios, I managed to grow my $500 deposit to over $7,500. Certainly, capitalizing always demands prudent risk handling. On the contrary, IQCent offers an excellent leverage maximum that can be used to grow small accounts into huge ones.

Positive

04-17

Gary Yates

United States

Recently, I tested IQCent's much-touted 1 hour withdrawal guarantee by requesting a same-day wire transfer payout. Even though it was a large $15k withdrawal request, impressively, the money landed in my bank account in under 45 minutes per their promise! Rapid access to my capital is so important as an active trader. My only suggestion would be to expand their asset selection to include more global stocks. But for withdrawal speed alone, IQCent is truly best-in-class based on my experience withdrawing sizable amounts.

Positive

2023-12-10

Larry9715

United States

I love participating in IQCent's trading contests to challenge my skills against other traders. Competing keeps me focused on executing good trades quickly while managing risk. My account also grows faster thanks to the increased trading activity that contests motivate. While I haven't won yet, the public leaderboard format pushes me to refine strategies that stack up against top traders. Just yesterday, observing the leaderboard helped me spot overtrading mistakes that were shrinking my balance. Contests provide great accountability. The only thing I dont like about the broker is the short period before accounts are deemed inactive and charged fees.

Positive

2023-12-08

Simon 3520

United States

I mainly traded crypto and was drawn to IQCent for the ability to use up to 1:500 leverage on my positions. During the last major bull run, I spotted a breakout opportunity forming in Bitcoin, so I opened a long trade with 1:500 leverage. The trade played out perfectly - Bitcoin surged higher over the next several days, just as I had anticipated. But with the full 1:500 leverage, my potential profits were massively compounded. Thanks to the astronomical leverage, my modest $2,000 trade position yielded a whopping $8,000 net profit! I did learn that such high leverage necessitates using tight stop losses. But when used wisely, leverage this high can dramatically multiply gains on promising trade setups. It just requires proper risk management.

Positive

2023-12-03

Roland5942

United States

I'm thrilled that IQCent processes withdrawals within one hour during business days. But I'd suggest having a longer period before charging inactivity fees on dormant accounts. I took a break from trading for several months and saw inactivity fees had been deducted from my balance. Given their quick withdrawal processing, a longer inactivity grace period is fair. That said, their stellar, 24/7 customer service team was kind enough to sort out my issues on multiple occasions. So, I'm still very satisfied with their withdrawal guarantee and support team.

Positive

2023-12-02

Bruse

United States

I mainly trade major forex pairs on IQCent and enjoy the ability to use up to 1:500 leverage on my positions. This allows me to magnify my gains during promising trade setups. Recently, I identified a bullish pattern on the EUR/USD, so I entered a long trade with 1:500 leverage. The trade went as anticipated, and the leverage amplified my profits tremendously, allowing me to hit my profit target much faster.

Positive

2023-11-30

Thomson5650

Ukraine

IQCENT attracted me with promises of up to 1:500 leverage for forex trading. I’ve enjoyed the leverage and also think the interface is intuitive enough for trying to place trades or analyze price charts. It's also not lacking in educational resources, which helped me learn to trade properly as a newbie thanks to its copytrading section. However, the asset selection is low, with only 4 stocks to choose from. While the high leverage initially appealed to me, the fewer stocks is not what I expected Still, its a fair enough platform for traders of all skill levels.

Positive

2023-11-23

FX1254188390

Australia

When I got this company through a referral, at first I was being sceptical not until I waited long after compounding my profit, the withdrawal was just initiated easily to my wallet after paying the company fee ....glad I met them earlier.

Positive

2023-02-22

21
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Official website

Website

  • iqcent.pro

    Server Location

    United States

    Website Domain Name

    iqcent.pro

    Server IP

    104.21.62.189

Company Summary

iqcent Review Summary
Company Name Wave Makers LTD
Registered Country/Region Marshall Islands
Regulation No Regulation
Market Instruments Forex, Currencies, Indices, Commodities, Cryptocurrencies, etc.
Demo Account Yes
Leverage 1:500
Spread N/A
Fees No Maintenance or Registration Fees
Minimum Deposit $50
Customer Support 24/7 - Live Chat, Social Media: Instagram, X
Company Address Nr. 103581, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960

What Is iqcent?

IQcent, operated by Wave Makers LTD and registered in the Marshall Islands, is an all-in-one online trading platform. However, it currently has no regulations.

iqcent's homepage

Pros & Cons

Pros Cons
  • Low Minimum Deposit
  • No Regulation
  • 24/7 Customer Support
  • Demo Account Offered
  • High Leverage
  • No Maintenance or Registration Fees

Pros:

  • Low Minimum Deposit: iqcent offers a low minimum deposit requirement, making it accessible for traders with various budget sizes to start trading.

  • 24/7 Customer Support: With 24/7 customer support available, users can receive assistance at any time, so their queries and concerns are promptly addressed.

  • Demo Account Offered: iqcent provides a demo account option, allowing users to practice trading strategies and familiarize themselves with the platform's features risk-free before committing real funds.

  • High Leverage: iqcent offers high leverage of 1:500, providing traders with the opportunity to amplify their positions and potentially increase their profits.

  • No Maintenance or Registration Fees: iqcent does not charge maintenance or registration fees, ensuring that users can trade without incurring additional costs beyond the spread and any applicable commissions.

Cons:

  • No Regulation: One notable drawback is that iqcent operates without regulation. While this may offer certain freedoms, it also means that users do not benefit from the investor protection measures typically provided by regulated brokers.

Is iqcent Safe or Scam?

  • Regulatory Sight: iqcent is currently functioning without any regulation, meaning it does not fall under the supervision of any financial regulatory bodies and does not possess any licenses to operate in the financial market. The absence of any such oversight raises concerns about the firms adherence to financial standards and regulations, increasing the risk for investors.

No license
  • User Feedback: Users should check the reviews and feedback from other clients to gain a more comprehensive sight of the broker, or look for reviews on reputable websites and forums.

  • Security Measures: So far we haven't found any information about the security measures for this broker.

Market Instruments

With over 100 trading assets available in iqcent, traders have ample opportunities to create a diversified portfolio tailored to their financial goals and trading preferences:

  • Forex: Traders can access a wide range of currency pairs, allowing them to speculate on the exchange rate movements of major, minor, and exotic currency pairs.

  • Currencies: In addition to Forex, iqcent offers trading opportunities in various fiat currencies, providing further options for currency trading.

  • Indices: Traders can trade on popular stock market indices, enabling them to speculate on the performance of entire stock markets or specific sectors.

  • Commodities: iqcent allows traders to trade commodities such as precious metals (gold, silver), energy (crude oil, natural gas), and agricultural products (corn, wheat), providing exposure to diverse commodity markets.

  • Cryptocurrencies: The platform offers trading in a variety of cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Litecoin, as well as numerous altcoins, allowing traders to participate in the rapidly growing cryptocurrency market.

Account Types

iqcent provides users with multiple account types. Users can choose a small initial capital of just $50 to open an account or invest more to enjoy more features and better trading conditions. The minimum deposit is clearly listed in the table below. What's more, for gold, VIP, or upper levels, users can enjoy the services of a personal manager.

Account Comparison

Leverage

iqcent offers leverage of up to 1:500 for trading. With a maximum leverage of 1:500, traders can magnify their trading positions by up to 500 times the amount of their initial investment, enabling them to potentially enhance their trading opportunities while also increasing their risk exposure. This leverage is considered very high, risky and competitive in the industry.

Fees

iqcent imposes no maintenance or registration fees, making it advantageous for traders seeking cost-effective trading options. However, while the platform generally does not include these fees, there are some exceptions when it comes to bonuses.

Bonus

General Rules:

  • Bonuses and trading credits are part of High BTC Stock's promotional programs and are subject to change.

  • High BTC Stock reserves the right to refuse, cancel, or change bonuses at any time with prior notice.

  • Bonuses are paid in the base currency of the account selected upon registration.

  • If the deposit on which the bonus is given is withdrawn before meeting the turnover requirement, the bonus will be canceled, and trading losses will come from the original deposit first.

  • Bonuses must be used to place trades, and any profits made using the bonus can be canceled at the discretion of High BTC Stock.

Withdrawal Conditions and Fees - Accounts with Bonus:

  • To qualify for a profit of initial deposit withdrawal with an account awarded a bonus, the funds deposited and the bonus must be turned over three times.

  • Subsequent deposits must also be turned over before any funds can be released.

  • International wire transfer withdrawals will incur a $50 transfer fee.

  • If the turnover requirement has not been met, a maintenance fee of 20% on each withdrawal amount applies, to be paid by the client.

  • High BTC Stock may cancel any bonus awarded to the client at the time of withdrawal under certain circumstances, such as failure to comply with obligations or regulatory requests.

bonus rules

Deposit & Withdrawal

iqcent offers a diverse range of payment methods to facilitate the receipt and transfer of funds. These options include digital currencies, providing flexibility for those who prefer cryptocurrency transactions, as well as conventional methods such as debit cards. By offering multiple payment avenues, iqcent ensures accessibility and convenience for its clients, enhancing their overall trading experience.

Customer Support

In iqcent, with 24/7 availability, clients can access live chat support whenever assistance is needed, so users can solve their problems in time. Additionally, iqcent maintains a presence on social media platforms like Instagram and X, so users can see the updates of iqcent. Moreover, the company's physical address at Nr. 103581, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 allows users to visit the company in person.

Conclusion

iqcent is an all-in-one trading platform with multiple market instruments supported. It has a featured bonus structure and low minimum deposit, combined with several advantageous trading features. However, it holds no regulations, so users need to be more cautious.

Frequently Asked Questions (FAQs)

Q: What is the minimum deposit required?

A: The minimum deposit required is $50.

Q: What is the maximum leverage iqcent can offer?

A: The maximum leverage iqcent can offer is 1:500.

Q: Can I contact its customer service at any time?

A: Yes, you can. Its customer service is available 24/7.

Q: Is iqcent regulated or not?

A: No, it is not regulated.

Q: Is a demo account available here?

Q: Yes, it is available.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

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