The owners of the platform claim that it is operated by Wave Makers LTD, registered in the Marshall Islands. According to information on the website, the firm guarantees 98% profit to traders who entrust their investments to it. However, the portal does not indicate a license or regulator that would control their financial activities.
Are you considering cooperation with this intermediary? Before you decide to invest your hard-earned money in this project, read our IQCent review, where you will learn about the advantages and disadvantages of this broker.
How to Invest
The brokerage firm offers users a universal trading platform, on which they can earn profit by copying the trades of successful traders. Clients are allowed to use:
- 3 types of trading accounts.
- More than 100 assets, including commodities and crypto.
- Bonuses up to 200% of the deposit amount, other prizes.
The leverage is 1:500, the minimum deposit is €200, and the minimum trade is €0.01. In addition, the broker has an affiliate program with rewards of up to 20% of friends’ deposits.
The blog on the website contains many articles, but the latest one is published in October 2023. Customers can use online chat to contact tech support.
IQCent Vital Info
The anonymous owners of the company hide their data and say nothing about the history of the project. Meanwhile, we have noticed that it can suddenly appear online, then disappear for a year, and then reappear in the field of view of the trading community. Please note that the current version of the official website has a blog that was maintained regularly from March to October 2023, and then publications suddenly stopped. As for the domain, it was not created until April 2024. Why would a broker need to move old news to a new site?
Wave Makers LTD, registration number 103581, is allegedly registered in the Marshall Islands. However, there are no documents on the website confirming the fact of registration of this company and its connection with the IQCent brand. Besides, binary options are prohibited in almost every country, so it is almost impossible to obtain a license for this financial activity in any jurisdiction.
When I think about this broker, I immediately lose my mood... Of course, I “gave” about 15 000 dollars to this company, and not by my own will. In 3 weeks I lost half of my balance and decided to withdraw the remaining funds. I left a request for withdrawal, but nothing happened, and later came the notification that I have to leave the request again, I repeated the action, but the money never came to the account...
This broker is definitely a scam. I submitted a withdrawal request and the operator told me it would take 5 business days or less, but it's been over 10 business days since I submitted my withdrawal request for £2,870 and I still haven't received anything....
I didn't pay attention to one point of the rules during registration: “Broker may block the account without explanation”. And now my account has been blocked. IQCENT didn't give a reason and I can't even appeal to anything, just my 874 dollars are gone and that's all.
I invested 230 dollars and made about 450 dollars in three months. Then IQCent started blocking my transactions, so I withdrew 100$ and left about 580$. Then I started trading again after a short break and made $372 in one month with a deposit of $580 and the broker canceled all my profits and also blocked my account. The supposed reason for this situation is a rule violation (having multiple accounts), which of course is false. Everyone who makes money on iqcent.com is a rule breaker for this company. So I would like to warn you all that this project is a scam!!!
I fell for the scammers. The manager showed me trading on a demo account, where I successfully earned 6 thousand dollars in a couple of days, then he began to insist on increasing the real deposit. I switched to a real account, deposited another $3k and did everything exactly the same as on the demo, but I constantly began to go in the red and spent my entire deposit in a week!!!! I do not advise to go to this scam platform, apparently this terminal is manipulated by scammers.
I had no interest in options trading, but I have been looking for a decent intermediary for cryptocurrency trades for a long time. I saw the name Iqcent in a ranking of good brokers. I wanted to start trading with a demo account, but it turned out that this procedure here is more complicated than in other companies. First of all, you need to open a real account and make a deposit. I didn't mind the amount of 200 euros, so I put money into my balance and tested the demo version. I found out that Iqcent offers good conditions, because both spreads and commissions here are average. In addition, it turned out that the service of copying trades brings in big profits.
The connection with the trading terminal is constantly lost, and all forecasts are canceled at the moment when there are seconds left before the profit. I decided to change my provider, but again I encountered problems - everything started working even worse. I realized that it became impossible to trade on iqcent.com.
I opened an account with Iqcent at the beginning of the year. I was looking for a job at the time, so I had a lot of free time to learn trading. However, I had to learn the site and open an account first, but I realized this later. While I was delving into learning the features, I automatically copied the trades of IQcent traders. As a result, I earned about $743 a month. Now I trade on my own, without copying, but I stayed working with Iqcent. They offer an authoring platform, four account types, over 100 assets, unlimited demo account and a personal manager. I was not disappointed in their activity: the tools provided allow you to earn, the service is at a decent level. The terminal is convenient for trading, but I haven't worked on MT4 yet, so I have nothing to compare it with. I withdraw my profit in bitcoins, there are no additional fees. Meanwhile, not everything is so perfect at Iqcent. I have encountered problems when opening orders, so I give it 4 stars for now!
I thought that the efficiency of the platform for a binary options broker should come first but no, I was wrong. Managers are in the first place here, who sit on Olympus like gods, flooding clients with calls, emails and various spam (I received 23 emails in 4 days). However, the terminal has no efficiency, and there are constant glitches, I have a minute order, and the platform freezes, and this happens considering that I have a new laptop and the best internet provider in our city. I can not recommend Iqcent, which decided to surprise traders with binary options, but made this blatantly fake service, which helps to earn only its owners.
I sought the help of a forex fraud lawyer to get my money back from IQCent. Not only did these scammers come up with some commissions at every step that were not provided for by their rules, but they also blocked my account as soon as I withdrew a large sum of money, 8 thousand euros. I tried to negotiate with the manager about the return of funds, but he explained the problem with a technical failure and stopped responding to my requests. It would have been better if I had gradually withdrawn small amounts as I did before, I would have had fewer problems. In general, up to this point, I had no complaints about this intermediary...
When I started trading on this platform, all the staff that interacted with me were very friendly and welcoming, this attitude continued as long as I deposited my money into my account. They were telling me that trading was going to be very successful and they were encouraging me in every possible way, hinting at a new deposit, this went on for a couple of months until I made €1,630. The situation changed dramatically when I put the money on withdrawal. All the consultants disappeared, no one answered me in online chat, I don't understand what happened! I refused to admit even a week ago that the fraudsters cheated me, but after a while I realized that IQCENT is a scam.
I am a beginner and decided to try trading binary options, I invested a little money, only $830. The broker made a positive impression, everything seemed reliable to me until I submitted a withdrawal request. However, the firm's employees started making excuses and then IQCENT blocked my account. I was left without money and I feel deeply disappointed.
I have received so many favorable offers from this broker to invest in trading, I had doubts initially, but in the end I decided to give it a try. I made a minimum deposit of €200 and followed the adviser's instructions, within a week I lost it all (although I made a profit at the beginning but refused to top up). I'm glad I deposited a small amount.
I heard about IQcent from a trader I know. As it turned out, opening an account is not a problem, so I decided to test the trading conditions. I can safely say that this company is cool, so I decided after two months of working with this broker. The platform has many bonus programs, copying trades, auto trading, and I had no problems withdrawing money after working off the bonuses. The trading terminal is not inferior to MT4👍 I trade CFDs on currencies, so I need help from time to time and I decided that IQcent suits me perfectly with their binary options trading offer. Based on my experience with them, I will say that this company is advanced, the support service is qualified and beginners will feel comfortable here.