Is IQCent a Safe Broker?
IQCent doesn't have to follow any regulatory laws as an offshore online broker. Nonetheless, it is regulated by IFMRRC. IQCent ensures that all user transactions are secure with advanced security measures such as 256-bit SSL encryption and 3D Secure.
Are you planning to get started with trading? In this case, you will need the help of professionals who will help you trade properly. You can trade on different platforms as the brokers help you advance your journey. One such popular broker where you can start trading is IQCent.
As one of the leading firms today, you may want to know if you can safely trade here. In this article, we will discover answers to various questions regarding IQCent. As we discover whether or not it is a safe broker, you can eventually define whether you want to create your account on this platform and get started.
Is IQCent legit?
Unfortunately, the company has no regulations. It should be understood that this is a significant drawback for the safety of any broker.
But IQCentr has proven to be reputable. The broker is registered in the Marshall Islands (No. 103581) at the following address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.
IQCent website
Furthermore, they have been in business since 2017, and there haven't been many complaints regarding their functioning from customers. Another reason to consider the legitimacy of IQCent is that they provide a transparent environment for trading in different instruments. You will have complete details if you trade in commodities like silver and gold or cryptocurrencies.
Is IQCent legit in my country?
Before you start using IQCent, you must check whether using this platform in your respective country is legit or valid. You can trade in IQCent from different parts of the world. Some major countries where customers are widely accepted on the platform include India, Australia, Thailand, Canada, Denmark, Sweden, Italy, Germany, France, Saudi Arabia, Kuwait, United Arab Emirates and many more. However, now, it is unavailable for trading in the United States. With so much online accessibility available, IQCent stands out to be one of the most reliable brokers
IQCent website
Is IQCent regulated by governments?
When investing or trading, you are investing in a significant sum of money. Therefore, you would want to avoid getting into trouble, especially at the risk of losing your money. You may want to know if IQCent is regulated by the government.
Well, IQCent isn't regulated by any government or authorities. Nonetheless, it is regulated by IFMRRC.
Is IQCent a scam or safe?
IQcent provides clients with access to primary training articles and guides and uses modern technologies to ensure the safety of client funds and users' personal data. 256-bit SSL encryption, 3D Secure, and Visa MasterCard Secure Code are used to achieve these goals.
IQCent pros and cons
IQCent being a safe and secure broker to trade isn't enough. The broker must have certain perks that compel you to use the platform. However, like a coin, you must know there are two sides to using IQCent too. As a result, you should learn the IQCent pros and cons of IQCent to make an informed decision.
👍 IQCent Pros
Some of the major benefits of trading via IQCent are as follows:
• If you open a Bronze account in IQCent, the minimum deposit you must pay is only $20.
• As a registered IQCent user, you will get regular updates regarding the launch of any bonus program.
• There are over 100 financial assets to start trading in, like stock indices, gold, silver, different currency pairs and cryptocurrency.
• The web trading terminal is reasonably practical and functional. Because of its simplicity, even beginners can use it with complete ease. One significant benefit is that you don't have to get into any installation hassle, for it is compatible with various devices.
• You will receive some additional income if you get new customers via the affiliate-type program.
👎 IQCent Cons
The grass can't be greener on all sides, which is why there are some pros too to using IQCent.
These include:
• It is not a regulated body, so there is a risk of your assets and savings for being at risk.
• As a trader on the platform, you cannot access any relevant MetaTrader functionality.
FAQs
Is my money safe on IQCent?
If you're trading via IQCent, all your money is stored in a European bank. Therefore, you can be relieved that the money is safe.
Can I withdraw safely from IQCent?
You can safely withdraw and deposit money via IQCent without any problem. However, the methods for doing so include debit cards, credit cards, Perfect Money, Bank Wire Transfers, Skrill and Cryptocurrency.
Can I trust IQCent?
It is quite common to feel doubtful before using IQCent. However, you must note that the entire deposit and withdrawal process is safe. Your money is secure in a European bank. So, you can completely trust IQCent.
Is IQCent a regulated broker?
IQCent doesn't have to follow any regulatory laws as an offshore online broker. Therefore, it is a non-regulated broker without any compliances to follow.
Team that worked on the article
Upendra Goswami is a full-time digital content creator, marketer, and active investor. As a creator, he loves writing about online trading, blockchain, cryptocurrency, and stock trading.
Professionally, he has been a marketing professional running his agency for three years now. His agency helps finance projects to grow with the help of internet technologies. Upendra Goswami is an active investor and enthusiast of stocks and cryptocurrency.
Knows about
trading, blockchain, cryptocurrency, stock trading
Alumnus of
JECRC UDML College of Engineering, Jaipur
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.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.