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IQCent

4.6 / 10 Overall Score

Website: https://www.iqcent.com/
Jurisdiction: Marshall Islands
Operating Since: 5-10 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: Wave Makers LTD
Phone: —
Email: support@iqcent.com
Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960

License Info: —

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# IQCent Company Overview

## Company Overview
IQCent company is an online trading platform that provides access to various financial instruments, including forex, CFDs (Contracts for Difference), and binary options. Established in 2017, IQCent operates under the parent company Wave Makers Ltd, which is registered in the Marshall Islands. The company's headquarters is located at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. IQCent primarily focuses on offering trading services to a global clientele, allowing users to trade over 100 different assets through its proprietary trading platform.

## Corporate Development
IQCent has undergone notable growth since its inception in 2017. The company has positioned itself as a broker that caters to both novice and experienced traders by offering a user-friendly trading environment. Although specific historical milestones are not detailed in the provided data, IQCent has expanded its service offerings and maintained a competitive edge in the online trading sector.

## Corporate Structure and Subsidiaries
IQCent operates under the name Wave Makers Ltd, which is the sole entity associated with the brand. The registration details indicate that the company is based in the Marshall Islands, but specific subsidiary or branch information is not provided. The internal organization structure is not explicitly detailed, but it likely includes key departments focused on customer support, trading operations, and compliance.

## Regulation and Compliance
IQCent is not regulated by any major financial authority. The Spanish National Securities Market Commission (CNMV) and the Portuguese Securities Market Commission (CMVM) have both issued warnings regarding IQCent, stating that it is not authorized to provide investment services in their respective countries. The absence of regulatory oversight raises concerns about the safety of client funds, as there are no investor protection measures in place. IQCent claims to use modern technologies for client fund safety, such as 256-bit SSL encryption, but lacks transparent reporting on its financial performance or compliance audits.

## Global Presence and Market Coverage
IQCent serves a global market, although specific geographic markets are not detailed in the provided data. The company appears to target a diverse demographic of traders, including those interested in forex, commodities, and cryptocurrencies. However, no information is available regarding local branches or representative offices in various regions.

## Financial and Operational Data
The data provided does not include specific financial metrics such as employee count, customer numbers, or transaction volumes. Additionally, there are no disclosed financial statements or details regarding technology investments or ownership structure updates.

## Reputation and Industry Standing
The reputation of IQCent within the forex and financial community is mixed. It has received warnings from regulatory bodies, which significantly impacts its credibility. User feedback is varied, with some traders praising the platform's features while others express concerns about the lack of regulatory oversight. The overall perception suggests caution when engaging with IQCent, particularly due to the absence of regulatory compliance.

## Summary
In summary, IQCent company operates as an online trading platform offering a variety of financial instruments. Despite its user-friendly interface and diverse asset offerings, it lacks regulatory oversight from reputable authorities, raising concerns about the protection of client funds. The company's operational integrity and market presence are overshadowed by warnings from financial regulators, which potential clients should consider carefully before engaging with the platform.

Account Types

# IQCent Account Types

IQCent broker offers a variety of account types to cater to different trading needs. Below are the details of the available accounts:

| Account Type | Minimum Deposit | Spreads/Commission | Leverage | Trading Instruments | Base Currencies | Unique Features |
|--------------|-----------------|---------------------|----------|---------------------|------------------|------------------|
| Bronze | $100 | Floating spreads from $7 | Up to 1:500 | CFDs, Binary Options | USD, EUR, GBP, BTC, ETH | 20% deposit bonus, 24/7 live support, demo account, copy trading tool |
| Silver | $1,000 | Floating spreads from $7 | Up to 1:500 | CFDs, Binary Options | USD, EUR, GBP, BTC, ETH | 50% deposit bonus, 3 risk-free trades, access to master class, personal manager |
| Gold | $5,000 | Floating spreads from $7 | Up to 1:500 | CFDs, Binary Options | USD, EUR, GBP, BTC, ETH | 100% deposit bonus, 3 risk-free trades, access to master class, personal manager |
| VIP | $50,000 | Floating spreads from $7 | Up to 1:500 | CFDs, Binary Options | USD, EUR, GBP, BTC, ETH | 200% deposit bonus, 3 risk-free trades, additional rollovers, personal success manager |

# IQCent Broker Account Opening Process

To open an account with IQCent broker, follow these steps:

1. **Visit the Registration Page**: Go to the official IQCent website and click on the "Sign Up" button.

2. **Fill in the Registration Form**: Enter your first name, last name, phone number, and email address. Create a strong password.

3. **Agree to Terms and Conditions**: Read the terms and conditions, and if you agree, check the box confirming that the service is provided outside USA territory.

4. **Select Account Currency**: Choose the currency for your trading account.

5. **Verification Process**: After submitting your registration, you may need to undergo KYC verification. This involves providing identity documents as required by the broker.

6. **Fund Your Account**: Deposit the minimum required amount to start trading. The minimum deposit varies depending on the account type selected.

7. **Approval Time**: Once the documents are verified, and the deposit is confirmed, you can start trading. The approval time may vary.

8. **Access Trading Platforms**: After registration and funding, you can access the trading platform via web or mobile.

9. **Demo Account Access**: If you wish to use a demo account, you may need to fund your live account first and then request demo account credentials from customer support.

Deposit & Withdrawal

# IQCent Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## IQCent Minimum Deposit Requirements

### IQCent Minimum Deposit Explained
The minimum deposit required to start trading with IQCent varies depending on the account type. The specific amounts are as follows:

- **Bronze Account**: $10
- **Silver Account**: $200
- **Gold Account**: $1,000
- **VIP Account**: $5,000

### Account-Type Comparison
| Account Type | Minimum Deposit | Bonus Percentage | Features |
|--------------|------------------|------------------|----------|
| Bronze | $10 | 20% | Basic features, limited access |
| Silver | $200 | 50% | Access to additional tools and support |
| Gold | $1,000 | 100% | Enhanced features, personal manager |
| VIP | $5,000 | 200% | Premium support and benefits |

### Regional Differences
The minimum deposit amounts may vary slightly based on the trader's country of residence. For instance, traders in specific regions may face higher minimums due to local regulations or payment processing limits.

### Advantages
1. **Low Entry Barrier**: Starting with as little as $10 makes it accessible for new traders.
2. **Multiple Account Types**: Various account levels cater to different trading needs and capital.
3. **Generous Bonuses**: Bonuses can enhance initial trading capital significantly.
4. **Wide Range of Instruments**: Access to multiple trading instruments including CFDs and binary options.

### Disadvantages
1. **High Withdrawal Fees**: Withdrawals before meeting trading volume requirements may incur fees.
2. **Limited Educational Resources**: Minimal educational support for beginners.
3. **Unregulated Status**: Lack of regulation raises concerns about safety and trustworthiness.
4. **Complicated Withdrawal Terms**: Withdrawal conditions can be complex and frustrating for users.

### Competitor Comparison
Compared to other brokers, IQCent offers a lower minimum deposit, but many competitors provide better regulatory oversight and educational resources. For example, brokers like IQ Option and Binomo may have higher minimum deposits but offer comprehensive support and regulated environments.

## IQCent Deposit Methods

### IQCent Deposit Methods Comprehensive Guide
IQCent supports a variety of deposit methods, making it convenient for traders to fund their accounts. The available methods include:

1. **Bank Cards**
- **Processing Time**: Instant
- **Fees**: No fees from IQCent; however, third-party fees may apply (typically around 5%).
- **Availability**: Globally accepted.
- **Limits**: Minimum deposit of $10, maximum deposit of $5,000.
- **Pros**: Instant funding, familiar for most users.
- **Cons**: Fees may apply depending on the bank.

2. **Bank Wire Transfer**
- **Processing Time**: 1-3 business days.
- **Fees**: Varies by bank; typically no fees from IQCent.
- **Availability**: Regional restrictions may apply.
- **Limits**: Minimum deposit of $5,000.
- **Pros**: Secure method for large deposits.
- **Cons**: Slower processing time.

3. **Electronic Payments (e-wallets)**
- **Supported Options**: Payfix, UPI, NEFT, Monobank.
- **Processing Time**: Instant.
- **Fees**: No fees from IQCent; third-party fees may apply.
- **Availability**: Primarily regional.
- **Limits**: Minimum deposit of $10.
- **Pros**: Fast and convenient.
- **Cons**: Limited global acceptance compared to cards.

4. **Cryptocurrencies**
- **Supported Options**: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Tether (USDT), and several others.
- **Processing Time**: Instant.
- **Fees**: No fees from IQCent.
- **Availability**: Globally accepted.
- **Limits**: Minimum deposit of $10.
- **Pros**: High privacy, fast transactions.
- **Cons**: Volatility in crypto values.

### Supported Currencies and Recommended Methods
IQCent primarily supports deposits in USD, EUR, and GBP. For faster processing, bank cards and cryptocurrencies are recommended due to their instant funding capabilities.

## IQCent Deposit Process

### IQCent Deposit Steps Explained
1. **Log In**: Access your IQCent account using your credentials.
2. **Navigate to Deposit**: Click on the 'Funds' tab and select 'Deposit'.
3. **Choose Method**: Select your preferred deposit method (card, bank transfer, e-wallet, or crypto).
4. **Enter Details**: Fill in the required information such as amount and payment details.
5. **Confirm**: Review and confirm the transaction.

### Mobile vs Web Differences
The deposit process is similar on both mobile and web platforms. However, mobile users may experience additional security prompts based on their device settings.

### KYC Notes and Common Issues with Solutions
- **KYC Verification**: IQCent requires users to complete KYC verification before processing deposits. Ensure all documents are submitted accurately to avoid delays.
- **Common Issues**: If deposits do not reflect in your account, check for transaction confirmation from your payment provider.

### Typical Fund Crediting Times
Deposits via bank cards and cryptocurrencies are typically credited instantly, while bank wire transfers may take 1-3 business days.

## IQCent Withdrawal Methods

### IQCent Withdrawal Methods Overview
IQCent offers several withdrawal methods to cater to its users:

1. **Bank Cards**
- **Processing Time**: Up to 1 hour for VIP accounts.
- **Fees**: 5% processing fee for withdrawals.
- **Currencies**: USD only.
- **Limits**: Minimum withdrawal of $20.
- **Pros**: Familiar and straightforward process.
- **Cons**: Fees can reduce the total amount received.

2. **Bank Wire Transfer**
- **Processing Time**: Generally takes longer, up to 5 business days.
- **Fees**: Varies by bank; typically no fees from IQCent.
- **Currencies**: USD only.
- **Limits**: Minimum withdrawal of $20.
- **Pros**: Secure method for higher withdrawals.
- **Cons**: Slower processing time.

3. **Cryptocurrencies**
- **Processing Time**: Typically within 1 hour.
- **Fees**: No fees from IQCent.
- **Currencies**: USD only.
- **Limits**: Minimum withdrawal of $20.
- **Pros**: Fast and low-cost.
- **Cons**: Requires a crypto wallet.

### Recommended Options by Cost and Speed
For quick and cost-effective withdrawals, cryptocurrencies are the best option, whereas bank cards provide a familiar method despite the associated fees.

## IQCent Withdrawal Process

### IQCent Withdrawal Steps Explained
1. **Log In**: Access your IQCent account.
2. **Navigate to Withdraw**: Click on the 'Funds' tab and select 'Withdraw'.
3. **Select Method**: Choose your preferred withdrawal method (bank card, bank wire, or crypto).
4. **Enter Amount**: Specify the amount you wish to withdraw.
5. **Confirm**: Complete any required verification and submit the withdrawal request.

### ID Verification Requirements
All withdrawal requests require identity verification. Users must submit valid identification documents to process their requests.

### Expected Fund Arrival Time
Withdrawal times vary by method:
- **Bank Cards**: Up to 1 hour.
- **Bank Wire**: 3-5 business days.
- **Cryptocurrencies**: Typically within 1 hour.

### Typical Delay Reasons and Fixes
Delays may occur if:
- Verification documents are incomplete or incorrect. Ensure all submitted documents are accurate.
- High withdrawal request volumes. Contact customer support for updates.

## FAQs – IQCent Deposits & Withdrawals

**What is the minimum deposit for IQCent?**
The minimum deposit for IQCent is $10 for a Bronze account.

**How long do withdrawals take?**
Withdrawal times vary by method: up to 1 hour for bank cards, 3-5 business days for bank wire, and typically within 1 hour for cryptocurrencies.

**Are there fees for deposits or withdrawals?**
IQCent does not charge fees for deposits. Withdrawals via bank cards incur a 5% fee, while other methods typically do not have fees.

**Can the same method be used for both?**
Yes, the same method used for deposits can generally be used for withdrawals.

**Are crypto or local methods supported?**
Yes, IQCent supports cryptocurrency transactions and local payment methods, depending on the trader's region.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

IQCent

IQCent

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