Where Does IQCent Legally Operate?

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The services of IQCent are available in India, Saudi Arabia, Australia, Thailand, Canada, Denmark, Canada, Sweden, Italy, Germany, France, Kuwait, the United Arab Emirates, South Korea, Thailand, Vietnam, Chile, Nepal, Panama, etc.

The IQCent app or broker is a reputable platform that provides access to over 100 trading instruments and supports standalone and copy trading systems. While this broker integrates features that every trader will desire, the challenge is that its services are available and banned in some countries. So, it is up to the trader to research the IQCent available countries.

In this article, TU experts will tell traders how safe it is to use this broker and which countries accept IQCent. Read on to find out.

  • Is IQCent a regulated broker?

    Reviews from many online forums do not recognize this broker as being regulated, as it is not under any of the renowned financial regulators. But this broker claims to be under the International Financial Market Relations Regulation Center (IFMRRC), a non-international financial organization.

  • Is IQCent a good broker for beginners? (yes, according to reviews on the TU. )

    IQcent has a TU Overall Score of 6.36 out of 10, indicating that it is a moderately risky broker, according to reviews on Traders Union. After examining trading options, traders who are prepared to trade CFDs and binary options via the broker's in-house terminal should consider IQcent. IQcent's trading conditions are appropriate for new traders.

  • How to start trading with IQCent?

    You need to deposit money into your account, choose from a variety of trading assets, including commodities, currencies, and cryptocurrencies, decide on the type of option to use, such as a long-term or short-term option, and specify the trade's precise expiration time. Determine the trade size and predict if you think the asset's price will rise (CALL) or fall (PUT).

  • Where is IQCent from?

    Based in the Marshall Islands, IQCent is a binary options and CFD broker renowned for its low $50 minimum deposit, 100+ asset availability, 24/7 trading, and generous payouts via ten+ payment options.

Is IQCent legal and safe?

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IQCent is a trustworthy and safe broker, as demonstrated by reviews from current clients. Despite not being governed by the same laws as other brokers, IQCent, established in 2017, is still recognized as a reputable investment platform. The International Financial Market Relations Regulation Center (IFMRRC) oversees this brokerage, which is registered under the name Wave Maker Ltd.

Experts say that trading with regulated binary investment platforms that list their physical addresses on their websites is the best option. IQCent has headquarters in Majuro, Marshall Islands. The following address is where this brokerage is registered in the Marshall Islands (number 103581): Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960.

IQCent incorporates cutting-edge security features like 3D Secure and 256-bit SSL encryption to guarantee the security of every user transaction. The broker provides quick trade executions and fast customer service around the clock. Upon request, they also provide the services of licensed personal managers. In addition to using contemporary technologies to protect user data and client funds, IQcent gives its clients access to primary training articles and guides.

However, traders should generally deal with investment platforms that are governed by reputable financial authorities to ensure asset security and profitability. Experts advise traders to avoid unregulated brokers whose license status is unclear.

Available IQCent countries

The services of IQCent are available in India, Saudi Arabia, Australia, Thailand, Canada, Denmark, Canada, Sweden, Italy, Germany, France, Kuwait, the United Arab Emirates, and many more. Otters include:

  • South Korea

  • Thailand

  • Vietnam

  • Chile

  • Dominica

  • Georgia

  • Fiji

  • Greenland

  • Morocco

  • Nepal

  • Panama

  • Sri Langa

  • South Africa

  • Brazil

  • Mexico

  • New Zealand

  • Peru

  • Taiwan

  • Colombia

  • Venezuela

The ideal way of knowing if your country is listed on the IQCent platform is to contact customer care, tell them your location, and ask if you can open an account from that location. Traders in countries that accept IQCent can open an account and trade many asset classes, including cryptocurrencies, commodities, indices and Forex currency pairs.

IQCent is one of the most dependable brokers because of how easily accessible they are online. IQCent attracts astute traders because it offers residents in some of these nations extremely competitive bonuses. Due to its extensive trading instrument selection and integrated technical analysis tools, IQCent Broker has emerged as a top option for traders wishing to participate in CFDs and binary options trading. Since IQCent Broker does not charge commissions for deposits or account maintenance, you can begin and continue trading without concern about unforeseen costs.

Which country is IQCent banned from?

Neither IQCent nor its representatives or associates hold a registration or offer any services in the United States, Belgium, Canada, Israel, Japan, Russia, Switzerland, Syria, Transnistria, Spain, the United States Virgin Islands, Ukraine, etc. Portugal and many other EU nations have outlawed the company. According to CMVM, IQCent is not allowed to perform any type of financial intermediation within the Portugal axis.

As previously stated in the other section, get in touch with the broker's customer service to verify your eligibility and find out if IQCent is offered in the nation where you currently reside.

Is binary options trading risky? 

The speculative nature of binary options is risky, even when you are trading with the best binary broker. No foolproof strategy can guarantee profits; the odds of losing are as high as the chances of winning, and you could lose all of your money. Because binary options are susceptible to market volatility, abrupt and unanticipated changes in the market can result in large losses.

Binary trading is illegal in many countries due to the high risks. However, you can take steps to manage and minimize risks while trading binary options by thoroughly educating yourself about binary options, market analysis, and the specific assets you plan to trade. Always set clear risk management guidelines and take into consideration the "2% rule," which states that you should never risk more than 2% of your trading capital on a single trade. Choose a reliable and regulated broker and begin with a demo account.

Spread out your risk by diversifying your trades among a variety of assets and expiration dates. You can also use technical analysis tools, like charts and indicators, to pinpoint possible entry and exit points.

Team that worked on the article

Peter Emmanuel Chijioke
Contributor

Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.

Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.

Dr. BJ Johnson
Dr. BJ Johnson
Developmental English Editor

Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).