Short answer
IQ Option is ahead on our score, 4.0/5 against 3.0/5 for BinaryCent.
IQ Option fits: Experienced traders who want detailed charts and a desktop app
Skip IQ Option if: You trade rarely (dormant fee) or withdraw several times a month
BinaryCent fits: Experienced traders who want weekly contests
Skip BinaryCent if: Your budget is small or you dislike bonus rules
Score by score
IQ Option 4.0/5
- Platform and apps4.8
- Costs and minimums4.2
- Payment options4.4
- Support4.2
- Licensing and openness2.6
BinaryCent 3.0/5
- Platform and apps3.8
- Costs and minimums2.9
- Payment options3.7
- Support3.6
- Licensing and openness1.5
How the two sites look
IQ Option and BinaryCent in brief
IQ Option (2013). IQ Option was founded in 2013 and wrote its own platform. Besides fixed-time trades it offers digital options, where you pick a strike and the payout rises the further away it is, and CFDs on currencies, shares, crypto and ETFs.
BinaryCent (2017). BinaryCent has offered binary options, forex and CFDs since 2017 on its own browser platform, targeting active traders with contests and bonuses.
Licence and safetyBetter here: IQ Option
Neither IQ Option nor BinaryCent is authorised by a leading regulator or by any regulator in Asia. Both run through offshore companies, so there is no compensation fund and no local authority to complain to.
Official warnings and alert-list entries we found: IQ Option 3, BinaryCent 0.
| What we compare | IQ Option | BinaryCent |
|---|---|---|
| Licence | Only its EU company holds a CySEC licence, and it sells no options. Options come from an unregulated offshore company. | No. Cent Projects Ltd runs it offshore with no financial licence. |
| Official warnings we found | CVM, MAS, RBI | – |
| Dispute body | No outside dispute body | No outside dispute body |
On licensing and openness IQ Option scores higher (2.6 vs 1.5).
Entry cost and chargesBetter here: IQ Option
IQ Option is cheaper to open: its minimum deposit is $10, compared with $250 at BinaryCent. The smallest trade is $1 on IQ Option and $0.10 on BinaryCent.
| What we compare | IQ Option | BinaryCent |
|---|---|---|
| Lowest deposit | $10 | $250 |
| Lowest trade | $1 | $0.10 |
| Charges | Dormant account fee after 90 days; overnight charges on CFDs | Bonus volume reported at 40 times; every top-up at least USD 250 |
| Pay-out charges | One free withdrawal a month; further ones reported at 2% (USD 1 min., USD 30 max.) – check current terms | None listed |
| Dormant account fee | About 10 USD/EUR a month after 90 days without trading | Check the current terms |
| Bonus | No bonus confirmed in the sources we checked | 20–100% bonuses; reported 40x volume |
Payouts and the win rate you needLevel
Both advertise the same top payout (95%), so the break-even win rate is identical: 51.3%.
| What we compare | IQ Option | BinaryCent |
|---|---|---|
| Top payout | 95% | 95% |
| Win rate to break even | 51.3% | 51.3% |
| Note | 95% is the advertised top; gold paid 86–88% at busy hours and 78–82% at quiet hours when checked | 95% is the advertised top; VIP adds a payout boost |
Top payouts apply to a few assets at the busiest hours. Look at the payout on the trade ticket before you open a trade; it is often lower.
Platform and phone appsBetter here: IQ Option
IQ Option. The platform is the main reason to choose IQ Option: several charts at once, a full set of indicators and the same layout in the browser and the desktop app.
BinaryCent. Browser platform with very short trades, contests and level perks.
| What we compare | IQ Option | BinaryCent |
|---|---|---|
| Platform | Browser, Desktop app, Android, iPhone | Browser, Android, iPhone |
| Android | Yes | Yes |
| iPhone | Yes | Yes |
| Extras | In-house platform, Strong charts, Desktop app | Account levels, Contests |
Instruments and trade durations
| What we compare | IQ Option | BinaryCent |
|---|---|---|
| Instruments | 300+ | 160+ |
| Markets | Currencies, Crypto, Commodities, Shares, Indices, ETFs | Currencies, Crypto, Commodities, Shares, Indices |
| Trade durations | 60 seconds – 1 month | From 5 seconds |
Paying in and cashing outBetter here: IQ Option
IQ Option. Verification must be complete, and money usually returns to the deposit method first. The help centre lists processing times; your bank or wallet adds its own.
BinaryCent. USD 20 minimum; faster on higher levels.
| What we compare | IQ Option | BinaryCent |
|---|---|---|
| Pay-in methods | Cards, E-wallets, Local payment methods | Cards, Crypto |
| Pay-out methods | Cards, E-wallets, Local payment methods | Cards, Crypto |
| Smallest withdrawal | $2 | $20 |
| Pay-out speed | Up to 3 working days, often less | Faster on higher levels |
Practice accountBetter here: IQ Option
Only IQ Option has a free practice account in our sources.
| What we compare | IQ Option | BinaryCent |
|---|---|---|
| Practice balance | $10,000 | No |
| Try without signing up | – | – |
SupportBetter here: IQ Option
| What we compare | IQ Option | BinaryCent |
|---|---|---|
| How to reach support | Live chat, Email, Phone, Help pages | Live chat, Email |
| Support | 4.2/5 | 3.6/5 |
Which markets they acceptLevel
IQ Option accepts residents of 18 of the markets we cover, BinaryCent of 18.
Strengths and weak points
IQ Option
- +Best platform: browser, Windows and macOS app, Android and iPhone
- +Digital options with a strike price you choose, plus CFDs
- +Running since 2013
- +Detailed charts and a fast interface
- −Options for Asian clients come from an unregulated offshore company
- −On the alert lists of Singapore's MAS and India's RBI; sanction case in Brazil
- −Dormant account fee after 90 days
- −Fewer crypto deposit options than rivals
BinaryCent
- +Trades from USD 0.10
- +Weekly contests
- +Advertised payouts up to 95%
- +Crypto deposits accepted
- −Highest minimum we cover: USD 250, top-ups included
- −No regulator; warning lists reported by third parties
- −Bonuses need heavy volume before withdrawal
- −Free demo not confirmed
So, IQ Option or BinaryCent?
IQ Option is better in 5 of 7 categories here. IQ Option is ahead on our score, 4.0/5 against 3.0/5 for BinaryCent.
Our choice: IQ Option
IQ Option fits: Experienced traders who want detailed charts and a desktop app
Whichever you pick, practise on the demo first, keep the first deposit small and withdraw part of it before adding more. Binary options are high-risk and most retail accounts lose money.
Quick answers
IQ Option or BinaryCent: which is better?
IQ Option is ahead on our score (4.0/5 vs 3.0/5). IQ Option fits: Experienced traders who want detailed charts and a desktop app. BinaryCent fits: Experienced traders who want weekly contests.
Which needs a smaller deposit, IQ Option or BinaryCent?
IQ Option is cheaper to open: its minimum deposit is $10, compared with $250 at BinaryCent.
Which pays more, IQ Option or BinaryCent?
Both advertise the same top payout (95%), so the break-even win rate is identical: 51.3%.
Does any regulator supervise IQ Option or BinaryCent?
No leading regulator and no Asian regulator licenses either of them. Both work through offshore companies, so your money has little protection.
More comparisons and guides
- Pocket Option vs IQ Option
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- IQ Option vs Binarium
- IQ Option vs IQcent
- IQ Option vs Exnova
IQ Option review →BinaryCent review →Is IQ Option legit? →Is BinaryCent legit? →
