IQcent Reviews

Summary: And the fast withdrawal processing means I can take profits from a crypto trade and have them available in my wallet within an hour - clutch!
The 1:500 leverage is also greatly appreciated for amplifying my trading capital.

Positive: What initially drew me to this broker was the ability to use crypto for deposits and withdrawals. As an avid crypto trader, having that direct integration streamlines my whole process instead of going through banks and fiat exchanges.

Negative: My main gripe is probably the inactivity fee policy, but as long as I'm actively trading it's not an issue.

Summary: No more waiting around for days or having to chase down shady payment processors. I've also had great success with their copy trading functionality that lets me mirror the pros.

Positive: One thing I can say with certainty about this broker - they pay out winnings faster than just about anyone else out there. Their 1-hour withdrawal processing guarantee is no joke, and has saved me so much time and hassle compared to the shady practices I've dealt with at other brokers. Literally just request a crypto withdrawal after a profitable trade, and that money hits my wallet an hour later like clockwork.

Negative: The one knock is probably their inactivity fee policy, but that's easy to avoid if you just trade consistently.

Summary: And their contests with cash prizes have allowed me to build up an extra couple grand just from entrance fees I've won back!

Positive: I split my trading capital across a few different brokers, but this one has become my go-to thanks to their reliability and lack of shady practices around withdrawals. With the guaranteed 1-hour processing, I know exactly when my funds will hit my crypto wallet after a winning trade - no runarounds or excuses.

Negative: My main gripes are the lack of MetaTrader platform integration, and the somewhat limited currency pairs offered compared to other top brokers. But the lightning fast payouts make up for it.

Summary: t's honestly a huge advantage to be able to leverage insights from experienced professionals every day. And of course, their other bread-and-butter offerings, like seamless crypto withdrawals and a copy trading module, are also stellar.

Positive: For traders who value robust research and staying tapped into market movements, this broker really shines with their frequent analysis publications. The team breaks down major news catalysts, releases educational reports on technical indicators/strategies, and regularly shares trading ideas to identify new potential setups.

Negative: My main gripe would probably be the lack of tradeable assets beyond currencies and crypto, with minimal coverage of stocks, bonds, etc. But for the asset classes they do focus on, they provide elite all-around experience and value

Summary: Right after contacting, an agent, Alex, instantly responded and even helped me go through the steps patiently and make sure my first deposit was successful. He made me feel comfortable during tense moments with how diligent and knowledgeable he was with new clients like me. Having this thick-skinned and skilled backup group motivates me to know that IQCent is capable of settling any problems that might arise soon. Such high standards of customer service are priceless.

Positive: To be honest, I cannot thank the customer support team at IQCent enough. They truly have my back and deserve outstanding applause.

Negative: When I initially joined the program and was trying to deposit the first money into my account, I ran into some problems.

Summary: But the readily available 24/7 customer service is a major benefit. Recently, I had a Sunday night issue with an order, and within two minutes of live chat, an agent named Samuel greeted me and resolved the problem quickly. He was courteous and knowledgeable.

Positive: I’m an active trader, so having 24/7 customer support at IQCent provides helpful peace of mind whenever issues arise outside of market hours. I often trade at odd hours, so it’s reassuring to know I can access assistance around the clock if needed.

Negative: I just wish IQCent also provided MetaTrader 4 in addition to their web platform – I prefer MT4’s advanced tools.

Summary: IQCent is one of the few brokers catering to small accounts with ultra-low trade minimums.

Positive: I opened an account with IQCent specifically because they offered the ability to trade with minimums as low as $0.01. This was perfect for me to try live trading while limiting my risk exposure as I was learning. I could practice real market conditions and test strategies with tiny position sizes. And I could trade more frequently with less capital.

Negative: While their platform lacks some features I want to eventually use, the micro-trade capability has been invaluable as a novice building my skills.

Summary: But the well-designed mobile app itself gives this active trader crucial flexibility. Trading is no longer confined to my home office.

Positive: IQCent's iOS and Android mobile app makes trading on the go easy for me as a busy professional. I can analyze charts, manage positions, and receive push notifications straight from my smartphone no matter where I am. The app has full functionality identical to the desktop platform. Convenience like this allows me to react to opportunities at anytime, even during client meetings!

Negative: However, I do wish IQCent offered more stock CFD assets. Their selection is far too limited. More diverse CFDs would expand my possibilities.

Summary: Once ready, I appreciated the low $0.01 minimum trade size, which allowed me to continue gaining experience in the live markets affordably while limiting risk.

Positive: I paid for the Bronze account and used IQCent's demo account to practice thoroughly and test strategies risk-free before placing real trades. This demo experience was invaluable for building skills and confidence.

Negative: My only critique is that the demo accounts only come when you deposit to fund your live account. Access to the demo platform for free would have been a deal breaker, in my opinion.

Summary: But even as-is, having such expedited weekday withdrawal speed is an invaluable feature they offer users.

Positive: I recently needed to withdraw funds quickly to pay my rent. I requested a sizable wire transfer withdrawal from my IQCent account on a Tuesday and was relieved to see the funds hit my personal bank account just under 60 minutes later. IQCent's guaranteed 1 hour withdrawal processing gave me the rapid access I needed to capitalize on the external opportunity immediately. I really appreciate that I can withdraw substantial amounts so quickly. This is the second time I’ve made such a request, and they didn't fail.

Negative: My only suggestion would be to extend the time before an inactivity fee is charged.

Summary: One trader I copied was doing well, so I copied all his trades. However, he began making riskier trades after a few days, and I started losing money. I realized I shouldn't fully trust someone else's trading strategy and left the copy trading service.

Positive: After hearing from other traders how useful it was, I tried IQCent's copy trading feature. I liked being able to copy the trades of more experienced traders while I was still learning.

Negative: Although I initially lost some money, it taught me an important lesson - you still need to manage your risk, even when copy trading.

Summary: On top of that, their commitment to processing withdrawals within an hour post trade settlement is outstanding. It's rare to find such quick turnaround times in the industry. It means adjusting to a new platform and a slight learning curve. However, the pros have, for the most part, outweighed the cons for me.

Positive: Ever since I started my journey into forex trading, leverage has been a significant aspect for me. IQCENT's offering of 1:500 leverage caught my attention, and to be honest, it's been nothing short of transformative for my trading approach.

Negative: On the downside, not having the MetaTrader 4 platform, which I've been using for years, is a setback.

Summary: I signed up for IQCENT last year with high hopes of leveraging their copy trading services to boost my forex trading results. However, I've ended up losing more money recently while using the copy trading feature, which is not the platform's fault since trading is a risk.

Positive: The best thing I can say about IQCENT is that making withdrawals is a smooth process. The money shows up in my bank account faster than it did with the previous platform I used, and that’s enough for me.

Negative: I also don't like IQCENT's high inactive account fees. If you don't trade for just 60 days, you start getting charged fees, which eat into your balance.

Summary: Since I can remember, I have been of the firm belief that the most effective strategy for achieving one's goals is to acquire knowledge from those who have more experience than oneself.

Positive: IQCENT's copy trading service provided me with the opportunity to observe and replicate the trades executed by some of the most successful traders in the industry. Both in terms of education and financial gain, it has been very beneficial. One more thing that stands out about them is their instant deposit and withdrawal system.

Negative: Nevertheless, the fact that they do not provide the well-known MetaTrader 4 platform is a drawback that I hope they will rectify.

Summary: As I told, I’m satisfied with the platform. Good choice of trading pairs, many types of trading. Polite and fast support. In general - I like IQcent.

Positive: Hey guys! Thank you for the great platform! Really nice and easy to use the service. Good interface, different pairs and types of trading. I love it!

Negative: I don’t think there are cons. I’m satisfied with trading.