Brokers  /  iqcent

iqcent

Severe risk
Marshall Islands · 2-5 years · since 2022-11-24 · Wave Makers LTD
Unregulated
Visit site ↗
2.9/5
★★★★★ ★★★★★
334 reviews ›
0
Licenses ›
117
Withdrawal issues ›
$100
Min. deposit ›
—
Max leverage ›
4
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: BRONZE · $100VIP · $50,000GOLD · $5,000SILVER · $1,000
▲ 38% positive▼ 56% negative
Independent ratingshow third parties score this broker
WikiFX1.45/10
Trustpilot2.9/5
Forex Peace Army—/5
75
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Marshall Islands (offshore, light oversight)
  • Withdrawal complaints in ~53% of recent reviews
Exit Risk
40/100
30 reviews in the last 3 months, 30% negative, 8 withdrawal complaints
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)010%
Real-user sentiment508%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameWave Makers LTD
Headquarters Marshall Islands
Founded2022-11-24
Years operating2-5 years
Employees0
Official websiteiqcent.pro
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 4

AccountMax leverageMin. depositMin. spreadCommissionEA
BRONZE--$100----✓
VIP--$50,000----✓
GOLD--$5,000----✓
SILVER--$1,000----✓
Full reviewIn-depth editorial analysis Scam or safe?Risk score & red flags AccountsTypes · min deposit · how to open Deposit & withdrawalMethods · payout reliability

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.17)

The overwhelming majority of user reviews describe a pattern of blocked or delayed withdrawals, fabricated account balances, and unresponsive customer support, leading to widespread scam allegations. A small minority report positive experiences with platform stability and successful withdrawals, but these are dwarfed by the volume of complaints. The broker's complete lack of verified regulation and its registration in the Marshall Islands amplify the risk.

Not for
  • Traders seeking a regulated broker with reliable withdrawals
  • Anyone investing more than a minimal, risk-tolerant amount
  • Users who require transparent and fair treatment
Period:
What users complain about
What users praise
Where reviewers are from
🇺🇸 US71
🇨🇦 CA23
🇬🇧 GB21
United States12
🇦🇺 AU7
UA6
Positive vs negative · last 12 months Pos Neg
Jul
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Real user reviews

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What iqcent says about itself as stated by the broker · not independently verified by FXCanary

About IQcent

According to its company description, IQcent is an all-in-one online trading platform operated by Wave Makers LTD, registered in the Marshall Islands.

Account Types

The broker states that it offers four account tiers: Bronze (min $100), Silver (min $1,000), Gold (min $5,000), and VIP (min $50,000), designed to suit traders of different experience levels.

Security

IQcent claims to use 256-bit SSL encryption to protect user data and funds, and promotes its platform as secure and reliable for online trading.

About iqcent

Company Overview

IQcent is an online trading platform operated by Wave Makers LTD, a company registered in the Marshall Islands. Founded on 24 November 2022, the platform markets itself as an all-in-one solution for retail traders. The registered address is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960. The company has 0 employees according to available records.

Regulation and Licensing

IQcent does not hold any verified regulatory licenses from major financial authorities. The broker is registered in the Marshall Islands, a jurisdiction not known for stringent financial oversight. As a result, traders using IQcent operate without the protections afforded by regulated brokers, such as compensation schemes or independent dispute resolution. The lack of regulation is a critical factor for traders to consider.

Account Types

IQcent offers a tiered account structure with four levels: Bronze, Silver, Gold, and VIP. The Bronze account requires a minimum deposit of $100, making it accessible for beginners. The Silver account starts at $1,000, Gold at $5,000, and the VIP account requires a minimum deposit of $50,000. Specific spreads, leverage, and commission structures for each account tier are not disclosed in available data.

Platform and Instruments

IQcent promotes itself as an all-in-one online trading platform, but detailed information on the trading platforms offered (e.g., MetaTrader 4/5, web trader) and the range of tradable instruments (forex, commodities, indices, cryptocurrencies, etc.) is not publicly available from the provided data. Traders should verify these details directly with the broker before committing funds.

Deposits and Withdrawals

Deposit and withdrawal methods are not specified in available records. Some user reviews mention support for cryptocurrencies and other common methods, but this is not confirmed. The minimum deposit starts at $100 for the Bronze account. Withdrawal processing times and fees are also not disclosed by the broker. Given the numerous user complaints about withdrawal delays and denials, traders should exercise extreme caution.

Target Audience

IQcent appears to target both novice and experienced traders by offering a low minimum deposit and a range of account tiers. However, the absence of regulation and the high volume of negative user feedback suggest that the platform is best suited only for those willing to accept a very high level of risk. The broker is not recommended for risk-averse traders or those requiring a regulated environment.

Overview compiled by FXCanary from regulatory records and public data. full iqcent review