Regardless of the amount of the withdrawal, all withdrawals require identification of the person for security reasons. Yes, IQcent offers a possible trading environment for both beginner and advanced traders. Before deciding to join a broker and start trading, a potential trader needs to establish whether a broker like IQcent is safe to trade with. One of the surest benchmarks to measure the safety of a brokerage is to establish which regulating authorities are watchdogs over its actions. Leveraged product trading magnifies a trader’s potential profit – but of course, also increases the potential loss. This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade.
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. We know that the broker is new and might gain no trust yet, but we have tried this platform and they are great.
In general and according to the mathematics of the type of trade that binary options represent, most binary options traders will not be very successful. Because you only ever receive less than 100% of what you put down on a binary options trade, you need to mathematically “win” more than 50% of the time. At this time, most places and organizations don’t consider trading binary options to be a form of gambling. This may change with additional fees and regulations in the future, however. Besides the aforementioned potential payout, the big difference between trading binary options on an exchange or over-the-counter brokers is regulation. Binary options trading is popular in other countries as well, particularly in Mexico.
Overall, the IQ Cent trading platform remains classic and integrates all the elements one would expect to find on a Binary Options, forex and CFD trading platform. To ensure the legitimacy of a broker, regulation is an important point. There are still serious unregulated brokers, there are also many others who are just scams. However, choosing a good broker is essential to your success in the online trading world.
There is no indication if IQcent has received any awards but since it is a very new company it could not have received any as yet. Deposits are processed immediately with the exception of Perfect Money which might take up to an hour.
Where regulation was concerned, OTC binary options have a bit of a shady history. Many regulatory bodies originally didn’t (or still don’t) know how to deal with these types of options for whether they should regulate them as a iqcent trading type of gambling. The money then goes to your broker who might give you some percentage of the money back based on your agreement or their policy.