Quick verdict
Exnova comes out ahead with a score of 3.5/5, against 3.1/5 for IQcent.
IQcent is best for: Very small trades and copy trading
Avoid IQcent if: You deposit by card or want any regulator behind the broker
Exnova is best for: Traders who want a capable platform with a small budget
Avoid Exnova if: You need a licensed broker or an external complaint route
Scores side by side
IQcent 3.1/5
- Platform & apps3.9
- Costs & minimums3.2
- Payments3.8
- Support3.6
- Regulation & transparency1.5
Exnova 3.5/5
- Platform & apps4.2
- Costs & minimums4.0
- Payments3.8
- Support3.6
- Regulation & transparency2.0
First look: the two websites
About IQcent and Exnova
IQcent. IQcent combines fixed-time options with CFD trading on one proprietary platform. It is known for tiny minimum trade sizes and a tiered account structure.
Exnova (2021). Exnova launched in 2021 and offers fixed-time (binary) options, digital options and leveraged CFDs on one platform. Its interface looks and works much like the larger established platforms: one chart, an amount, an expiry and up or down, with more advanced tools one click away.
Regulation and safetyWinner: Exnova
Neither IQcent nor Exnova is authorised by a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so there is no compensation scheme and no regulator in your country to complain to.
Official warnings and alert-list entries in our sources: IQcent 0, Exnova 0.
| Feature | IQcent | Exnova |
|---|---|---|
| Regulation | No. It is reportedly run from the Marshall Islands and cites only IFMRRC, a private organisation. | No. Its operator, Digital Smart LLC, is registered in St Vincent and the Grenadines; the Cyprus company only handles payments. |
| Regulator warnings on record | – | – |
| Dispute body | No external dispute body | No external dispute body |
On transparency and safety we score Exnova higher (2.0 vs 1.5).
Minimum deposit and feesWinner: Exnova
Both brokers ask for the same minimum deposit: $10. The smallest trade is $0.01 at IQcent and $1 at Exnova.
| Feature | IQcent | Exnova |
|---|---|---|
| Minimum deposit | $10 | $10 |
| Minimum trade | $0.01 | $1 |
| Fees | Card deposits reported at 5%; crypto free | First withdrawal each month free, then 2% (max. USD 30); inactivity fee |
| Withdrawal fees | Reported card deposit fee of 5%; check the cashier | First withdrawal each month free, then 2% (max. USD 30) |
| Inactivity fee | Check the current terms | Charged after 90 days without activity |
| Bonus | Large deposit bonuses with turnover conditions | No standard deposit bonus; tournaments with small entry fees |
Payouts and the win rate you needWinner: IQcent
IQcent advertises the higher maximum payout (95% vs 90%). That lowers the win rate you need to break even from 52.6% to 51.3%.
| Feature | IQcent | Exnova |
|---|---|---|
| Max. payout | 95% | 90% |
| Break-even win rate | 51.3% | 52.6% |
| Note | Sources report 84–98% depending on tier and asset | Up to about 90% on fixed-time options; varies by asset and time of day |
Advertised maximums apply to selected assets at the best times. Check the payout shown on the trade ticket before you open a trade; it is often lower.
Platform and mobile appWinner: Exnova
IQcent. A web trader with binary and CFD modes, plus copy trading from about USD 20.
Exnova. Proprietary web platform with a desktop app, several chart types, indicators and drawing tools. It is one of the more capable interfaces in this ranking and runs smoothly even on modest hardware.
| Feature | IQcent | Exnova |
|---|---|---|
| Platform | Web, Android, iOS | Web, Desktop app, Android, iOS |
| Android | Yes | Yes |
| iPhone | Yes | Yes |
| Extras | Account tiers, Social trading | Lowest minimum, Own platform, Advanced charts, Desktop app, Tournaments |
Assets and expiry times
| Feature | IQcent | Exnova |
|---|---|---|
| Number of assets | – | 250+ |
| Markets | Forex, Crypto, Commodities, Indices | Forex, Crypto, Commodities, Stocks, Indices, ETFs |
| Expiry times | From 5 seconds (short-term focus) | 1 minute – 1 hour (fixed time); custom on digital options |
Deposits and withdrawalsDraw
IQcent. Minimum withdrawal reported at USD 20; faster on higher tiers.
Exnova. Withdrawals require completed identity verification and usually take 1–3 business days. User reviews include repeated complaints about delayed or blocked withdrawals, so start with a small amount and test a withdrawal before you deposit more.
| Feature | IQcent | Exnova |
|---|---|---|
| Deposit methods | Bank cards, Crypto | Bank cards, E-wallets, Crypto, Local methods |
| Withdrawal methods | Bank cards, Crypto | Bank cards, E-wallets, Crypto, Local methods |
| Minimum withdrawal | $20 | $10 |
| Withdrawal time | Faster on higher tiers | 1–3 business days per the broker; user complaints report delays |
Demo accountDraw
Both brokers offer a free demo account, so you can compare the two platforms with virtual money before you deposit.
| Feature | IQcent | Exnova |
|---|---|---|
| Demo balance | Yes | $10,000 |
| Try without registering | – | – |
Customer supportDraw
| Feature | IQcent | Exnova |
|---|---|---|
| Support channels | Live chat, Email | Live chat, Email, Help centre |
| Support | 3.6/5 | 3.6/5 |
Where you can use themDraw
IQcent accepts clients in 38 of the countries we cover, Exnova in 38.
Pros and cons
IQcent
- +Trades from USD 0.01
- +Copy-trading feature
- +Payouts advertised up to 95%
- +Crypto deposits accepted
- −No regulator; cites a private organisation (IFMRRC)
- −Minimum deposit varies by region, up to USD 250
- −Card deposits reported to carry a 5% fee
- −Third-party reports of regulator warnings
Exnova
- +USD 10 minimum deposit and trades from USD 1
- +Polished platform on web, desktop, Android and iOS
- +Free USD 10,000 demo account
- +More than 250 assets, including stocks and ETFs
- −No licence from a government regulator
- −Short track record: launched in 2021
- −Recurring user complaints about delayed or blocked withdrawals
- −Withdrawal fee after the first free withdrawal each month
Verdict: IQcent or Exnova?
Exnova wins 3 of 7 categories in this comparison. Exnova comes out ahead with a score of 3.5/5, against 3.1/5 for IQcent.
Our pick: Exnova
Exnova is best for: Traders who want a capable platform with a small budget
Whichever you choose, start with the demo, keep your first deposit small and test a withdrawal before you add more. Binary options are high-risk and most retail traders lose money.
Frequently asked questions
Which is better, IQcent or Exnova?
On our score Exnova is ahead (3.5/5 vs 3.1/5). Exnova is best for: Traders who want a capable platform with a small budget. IQcent is best for: Very small trades and copy trading.
Which has the lower minimum deposit, IQcent or Exnova?
Both brokers ask for the same minimum deposit: $10.
Which pays more, IQcent or Exnova?
IQcent advertises the higher maximum payout (95% vs 90%). That lowers the win rate you need to break even from 52.6% to 51.3%.
Are IQcent and Exnova regulated?
Neither holds a licence from a top-tier regulator such as the FCA, CySEC or ASIC. Both operate through offshore companies, so your money has limited protection.