Comparison of BinaryCent and IQ Option
| Feature | BinaryCent | IQ Option |
|---|---|---|
| Broker | ||
| Year Founded | 2017 | 2013 |
| Broker Type | MM | MM |
| Dealing | B-book | B-book |
| Execution | Instant | Market |
| Regulation | - | CySEC, SVGFSA |
| Platforms | BinaryCent | Quadcode |
| Spread | - N/A | ⮕ Average |
| Maximum Leverage | 1:1 | 1:500 |
| Minimum Deposit | $250 | $10 |
| Base Currencies | USD, EUR, GBP, RUB | USD, EUR, GBP, RUB |
| Funding Methods | Visa, Mastercard, Perfect Money, Bitcoin (BTC) | Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT) |
| Inactivity Fee | ✖ | $10 per month after 90 days |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | $30 on bank wire; other methods free |
| Investor Protection | - | ICF |
| Protection Size | - | €20 000 |
| Segregated Accounts | ✖ | ✔ |
| Negative Balance Protection | ✖ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✖ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✖ | ✖ |
| EAs/Robots | ✖ | ✖ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Currencies, Commodities, Indices, Stocks, Cryptocurrencies | Currencies, Indices, Stocks, ETF, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | BinaryCent Review | IQ Option Review |
About BinaryCent
BinaryCent is an offshore binary options broker founded in 2017 and operated by Wave Makers Ltd. It offers a proprietary web-based platform and mobile apps, enabling trades from just $0.10 with payouts up to 95%. Account tiers - Bronze, Silver and Gold - start from $250, include fast 1-hour withdrawals, generous deposit bonuses and optional copy-trading.
Pros
- Low 10-cent minimum trade size
- Payouts up to 95%
- 1-hour withdrawal processing
- Copy-trading and Centobot automation
Cons
- High $250 minimum deposit
- VFSC regulation offers limited protection
- No analytical and educational materials
About IQ Option
IQ Option is a regulated broker founded in 2013. It combines its own award-winning platform with a low $10 entry threshold and $1 trade size, offering 300+ instruments across CFDs and fixed-time options. The broker attracts both beginners and active traders with an intuitive interface, rich charting toolkit and 24/7 multilingual support. While spreads are competitive, availability is limited in a number of jurisdictions and binary options remain high-risk.
Pros
- Low $10 minimum deposit and $1 trade size
- Proprietary platform with 100+ indicators and built-in news feed
- Wide range of instruments (300+), incl. 25+ crypto CFDs
- Free practice account with $10 000 virtual funds
- Fast withdrawals (1-3 days) and many funding methods
- CySEC regulation and segregated client funds
Cons
- Binary options classified as high-risk in many countries
- Inactivity fee after 90 days
- Higher spreads than ECN brokers; no MT4/MT5 support
BinaryCent & IQ Option Regulation
| Feature | BinaryCent | IQ Option |
|---|---|---|
Companies | Wave Makers Ltd | IQ Option Europe Ltd, IQ Option LLC |
Countries | Marshall Islands | Cyprus, Saint Vincent and the Grenadines |
Regulators | - | CySEC, SVGFSA |
Investor Protection | - | ICF |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
BinaryCent
Wave Makers Ltd
IQ Option
IQ Option Europe Ltd, IQ Option LLC
Countries
BinaryCent
Marshall Islands
IQ Option
Cyprus, Saint Vincent and the Grenadines
Regulators
BinaryCent
-
IQ Option
CySEC, SVGFSA
Investor Protection
BinaryCent
-
IQ Option
ICF
Investor Protection Size
BinaryCent
-
IQ Option
€20 000
Publicly Traded
BinaryCent
IQ Option
Segregated Accounts
BinaryCent
IQ Option
Guaranteed Stop Loss
BinaryCent
IQ Option
Negative Balance Protection
BinaryCent
IQ Option
Account Types
| Account | BinaryCent | IQ Option |
|---|---|---|
Market Maker Account | ||
| Account Name | — | Standard |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.5 |
| Fee | — | No |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Binary Options | Binary Options |
| Minimum Deposit | $250 | $10 |
| Option Types | Call/Put, Turbo, Range, Touch | Call/Put, Turbo, Digital Options |
| Minimum Stake | $0.10 | $1 |
| Payout | from 60% to 95% | from 55% to 95% |
| Expiration Time | from 15 seconds to 4 hours | from 30 seconds to 30 days |
Market Maker Account
Account Name
BinaryCent
—
IQ Option
Standard
Min Deposit
BinaryCent
—
IQ Option
$10
Lot Size
BinaryCent
—
IQ Option
0.01
Spread Type
BinaryCent
—
IQ Option
Floating
Execution
BinaryCent
—
IQ Option
Market
Min Spread
BinaryCent
—
IQ Option
0.5
Fee
BinaryCent
—
IQ Option
No
Max Leverage
BinaryCent
—
IQ Option
1:500
Stop Out
BinaryCent
—
IQ Option
50%
Margin Call
BinaryCent
—
IQ Option
100%
Additional Features
Demo Account
BinaryCent
IQ Option
VIP Account
BinaryCent
IQ Option
Swap-Free Account
BinaryCent
IQ Option
Copy Trading
BinaryCent
IQ Option
VPS
BinaryCent
IQ Option
PAMM/MAM Accounts
BinaryCent
IQ Option
Binary Options
Account
BinaryCent
Binary Options
IQ Option
Binary Options
Minimum Deposit
BinaryCent
$250
IQ Option
$10
Option Types
BinaryCent
Call/Put, Turbo, Range, Touch
IQ Option
Call/Put, Turbo, Digital Options
Minimum Stake
BinaryCent
$0.10
IQ Option
$1
Payout
BinaryCent
from 60% to 95%
IQ Option
from 55% to 95%
Expiration Time
BinaryCent
from 15 seconds to 4 hours
IQ Option
from 30 seconds to 30 days
Funding and Fees
| Feature | BinaryCent | IQ Option |
|---|---|---|
Base currencies | USD, EUR, GBP, RUB | USD, EUR, GBP, RUB |
Deposit and withdrawal methods | Visa, Mastercard, Perfect Money, Bitcoin (BTC) | Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT) |
Inactivity fee | $10 per month after 90 days | |
Interest on margin | ||
Withdrawal fee | $30 on bank wire; other methods free |
Base currencies
BinaryCent
USD, EUR, GBP, RUB
IQ Option
USD, EUR, GBP, RUB
Deposit and withdrawal methods
BinaryCent
Visa, Mastercard, Perfect Money, Bitcoin (BTC)
IQ Option
Bank Wire, Credit/Debit Cards (Visa, Mastercard), Skrill, Neteller, Webmoney, Volet.com, Perfect Money, Cardano (ADA), Ethereum (ETH), Litecoin (LTC), XRP (XRP), Tether (USDT)
Inactivity fee
BinaryCent
IQ Option
$10 per month after 90 days
Interest on margin
BinaryCent
IQ Option
Withdrawal fee
BinaryCent
IQ Option
$30 on bank wire; other methods free
Trading Platforms and Conditions
| Feature | BinaryCent | IQ Option |
|---|---|---|
Trading Platforms | BinaryCent | Quadcode |
Execution Speed | 100 ms | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | N/A | average |
Trading Platforms
BinaryCent
BinaryCent
IQ Option
Quadcode
Execution Speed
BinaryCent
100 ms
IQ Option
10 ms
Scalping
BinaryCent
IQ Option
Expert Advisors (EAs)
BinaryCent
IQ Option
Depth of Market (DOM)
BinaryCent
IQ Option
Spread
BinaryCent
N/A
IQ Option
average
Trading Assets
| Asset | BinaryCent | IQ Option |
|---|---|---|
Currencies | 24 | 63 |
Indices | 10 | 12 |
Stocks | 100 | 379 |
Cryptocurrencies | 14 | 26 |
Bonds | 0 | 0 |
Metals | 3 | 3 |
Energies | 2 | 3 |
Soft Commodities | 0 | 3 |
ETFs | 0 | 22 |
Currencies
BinaryCent
24
IQ Option
63
Indices
BinaryCent
10
IQ Option
12
Stocks
BinaryCent
100
IQ Option
379
Cryptocurrencies
BinaryCent
14
IQ Option
26
Bonds
BinaryCent
0
IQ Option
0
Metals
BinaryCent
3
IQ Option
3
Energies
BinaryCent
2
IQ Option
3
Soft Commodities
BinaryCent
0
IQ Option
3
ETFs
BinaryCent
0
IQ Option
22
Education and Analytics
| Feature | BinaryCent | IQ Option |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
BinaryCent
IQ Option
Indicators
BinaryCent
IQ Option
Robots
BinaryCent
IQ Option
Signals
BinaryCent
IQ Option
Autochartist
BinaryCent
IQ Option
Expert Analytics
BinaryCent
IQ Option
News Feed
BinaryCent
IQ Option
Education Articles
BinaryCent
IQ Option
Webinars
BinaryCent
IQ Option
Seminars
BinaryCent
IQ Option
Bonuses
| Bonus | BinaryCent | IQ Option |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | 20%, up to $2000 | — |
| Details | Learn More | — |
Welcome Bonus
Is available
BinaryCent
IQ Option
Size
BinaryCent
20%, up to $2000
IQ Option
—
Details
BinaryCent
IQ Option
—
Contests
| Feature | BinaryCent | IQ Option |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List |
|
|
Demo Contests
Is available
BinaryCent
IQ Option
Contests List
BinaryCent
- Binary Options Contest!Start Balance: $100 · Prize Pool: $2000 · Period: WeeklyLearn More
IQ Option
- Weekend TreatStart Balance: $100 · Prize Pool: $1500 · Period: WeeklyLearn More
- Salary in a DayStart Balance: $100 · Prize Pool: $3,000 · Period: WeeklyLearn More
- Austin 1000Start Balance: $1000 · Prize Pool: $1000 · Period: WeeklyLearn More
- IQ LaunchStart Balance: $100 · Prize Pool: $10000 · Period: WeeklyLearn More
- 72 HoursStart Balance: $100 · Prize Pool: $5000 · Period: Every 2 WeeksLearn More
Customer Support
| Contact | BinaryCent | IQ Option |
|---|---|---|
Email | support@binarycent.com | support@iqoption.com |
Phone | +18299476391 | +35724257707 |
YouTube | — | YouTube |
Instagram | — | |
Twitter | — |
Email
BinaryCent
IQ Option
Phone
BinaryCent
IQ Option
YouTube
BinaryCent
—
IQ Option
Instagram
BinaryCent
—
IQ Option
Twitter
BinaryCent
—
IQ Option
Which Broker is Better?
After comparing BinaryCent and IQ Option, IQ Option comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.