Short answer
Exnova is ahead on our score, 3.5/5 against 3.1/5 for IQcent.
IQcent fits: Very small trades and copy trading
Skip IQcent if: You pay by card or want a regulator behind you
Exnova fits: A full-featured platform on a small budget
Skip Exnova if: You need a licensed firm or an outside complaints route
Score by score
IQcent 3.1/5
- Platform and apps3.9
- Costs and minimums3.2
- Payment options3.8
- Support3.6
- Licensing and openness1.5
Exnova 3.5/5
- Platform and apps4.2
- Costs and minimums4.0
- Payment options3.8
- Support3.6
- Licensing and openness2.0
How the two sites look
IQcent and Exnova in brief
IQcent. IQcent combines fixed-time options and CFDs on its own platform and is known for very small trades and account levels.
Exnova (2021). Exnova appeared in 2021 with fixed-time options, digital options and leveraged CFDs on one platform, and an interface close to the market leaders.
Licence and safetyBetter here: Exnova
Neither IQcent nor Exnova 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: IQcent 0, Exnova 0.
| What we compare | IQcent | Exnova |
|---|---|---|
| Licence | No. Reportedly run from the Marshall Islands, citing only IFMRRC, a private organisation. | No. Digital Smart LLC in St Vincent and the Grenadines runs it; the Cyprus company only processes payments. |
| Official warnings we found | – | – |
| Dispute body | No outside dispute body | No outside dispute body |
On licensing and openness Exnova scores higher (2.0 vs 1.5).
Entry cost and chargesBetter here: Exnova
Both ask for the same first deposit: $10. The smallest trade is $0.01 on IQcent and $1 on Exnova.
| What we compare | IQcent | Exnova |
|---|---|---|
| Lowest deposit | $10 | $10 |
| Lowest trade | $0.01 | $1 |
| Charges | Reported 5% charge on card deposits; crypto deposits free | One free withdrawal a month, then 2% (USD 30 cap); dormant fee |
| Pay-out charges | Reported 5% fee on card deposits; check the cashier | First withdrawal each month free, then 2% (max. USD 30) |
| Dormant account fee | Check the current terms | After 90 days without activity |
| Bonus | Large deposit bonuses with volume rules | No standard deposit bonus; low-entry contests |
Payouts and the win rate you needBetter here: IQcent
IQcent advertises the higher top payout (95% vs 90%), which cuts the win rate you need to break even from 52.6% to 51.3%.
| What we compare | IQcent | Exnova |
|---|---|---|
| Top payout | 95% | 90% |
| Win rate to break even | 51.3% | 52.6% |
| Note | Sources cite 84–98% by level and asset | Up to about 90% on fixed-time; varies by asset and time |
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: Exnova
IQcent. Web platform with options and CFD modes, and copy trading from about USD 20.
Exnova. In-house web platform plus a desktop app, with multiple charts, indicators and drawing tools; one of the most complete here and light on older computers.
| What we compare | IQcent | Exnova |
|---|---|---|
| Platform | Browser, Android, iPhone | Browser, Desktop app, Android, iPhone |
| Android | Yes | Yes |
| iPhone | Yes | Yes |
| Extras | Account levels, Copy trading | Small minimum, In-house platform, Strong charts, Desktop app, Contests |
Instruments and trade durations
| What we compare | IQcent | Exnova |
|---|---|---|
| Instruments | – | 250+ |
| Markets | Currencies, Crypto, Commodities, Indices | Currencies, Crypto, Commodities, Shares, Indices, ETFs |
| Trade durations | From 5 seconds (short-term) | 1 minute – 1 hour (fixed-time); free choice on digitals |
Paying in and cashing outLevel
IQcent. Reported USD 20 minimum; faster on higher levels.
Exnova. Full verification required; usually 1–3 working days. User reviews repeatedly mention delayed or blocked withdrawals, so start small and test a withdrawal.
| What we compare | IQcent | Exnova |
|---|---|---|
| Pay-in methods | Cards, Crypto | Cards, E-wallets, Crypto, Local payment methods |
| Pay-out methods | Cards, Crypto | Cards, E-wallets, Crypto, Local payment methods |
| Smallest withdrawal | $20 | $10 |
| Pay-out speed | Faster on higher levels | 1–3 working days per the platform; complaints of delays |
Practice accountLevel
Both have a free practice account, so you can try the two platforms with virtual money before depositing.
| What we compare | IQcent | Exnova |
|---|---|---|
| Practice balance | Yes | $10,000 |
| Try without signing up | – | – |
SupportLevel
| What we compare | IQcent | Exnova |
|---|---|---|
| How to reach support | Live chat, Email | Live chat, Email, Help pages |
| Support | 3.6/5 | 3.6/5 |
Which markets they acceptLevel
IQcent accepts residents of 18 of the markets we cover, Exnova of 18.
Strengths and weak points
IQcent
- +Trades from USD 0.01
- +Copy trading
- +Advertised payouts up to 95%
- +Crypto deposits accepted
- −No regulator; cites a private body (IFMRRC)
- −Minimum deposit varies, up to USD 250
- −Reported 5% fee on card deposits
- −Regulator warnings reported by third parties
Exnova
- +USD 10 deposits and trades from USD 1
- +Polished platform on web, desktop, Android and iPhone
- +Free USD 10,000 demo
- +Over 250 instruments including shares and ETFs
- −No public regulator licence
- −Short history: launched in 2021
- −Frequent complaints of delayed or blocked withdrawals
- −Fee after the first free withdrawal each month
So, IQcent or Exnova?
Exnova is better in 3 of 7 categories here. Exnova is ahead on our score, 3.5/5 against 3.1/5 for IQcent.
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
IQcent or Exnova: which is better?
Exnova is ahead on our score (3.5/5 vs 3.1/5). Exnova fits: A full-featured platform on a small budget. IQcent fits: Very small trades and copy trading.
Which needs a smaller deposit, IQcent or Exnova?
Both ask for the same first deposit: $10.
Which pays more, IQcent or Exnova?
IQcent advertises the higher top payout (95% vs 90%), which cuts the win rate you need to break even from 52.6% to 51.3%.
Does any regulator supervise IQcent or Exnova?
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 IQcent
- Pocket Option vs Exnova
- IQ Option vs IQcent
- IQ Option vs Exnova
- Expert Option vs IQcent
- Expert Option vs Exnova
- Olymp Trade vs IQcent
- Olymp Trade vs Exnova
IQcent review →Exnova review →Is IQcent legit? →Is Exnova legit? →
