Bonuses for IQCent in 2024
| Position | Company Logo | Information | Bonuses | Min. Dep | Regulation | Open an account |
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Minimum Deposit: $20 |  |
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Minimum Deposit: $250 | |
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Minimum Deposit: $250 | |
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Minimum Deposit: $250 | |
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Minimum Deposit: $100 | |
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No deposit bonus | Minimum Deposit: $5 |  |
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No deposit bonus | Minimum Deposit: $10 | |
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Minimum Deposit: $250 | |
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No deposit bonus | Minimum Deposit: $250 | |
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No deposit bonus | Minimum Deposit: $100 | |
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No deposit bonus | Minimum Deposit: $10 | |
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No deposit bonus | Minimum Deposit: $25 | |
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No deposit bonus | Minimum Deposit: $100 | |
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No deposit bonus | Minimum Deposit: $10 | |
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No deposit bonus | Minimum Deposit: $10 | |
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No deposit bonus | Minimum Deposit: $2 | |
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No deposit bonus | Minimum Deposit: $500 | |
IQCent stands out as a top online broker providing traders with access to a diverse selection of financial markets. In 2024, IQCent is set to draw in fresh traders with its attractive bonus programs. These enticing incentives for IQCent increase the funds in your trading account, allowing you to enhance your positions and explore new opportunities.
Account Deposit Bonuses
IQCent provides new traders with generous deposit bonuses when they open an account and make their first deposit. The amount of the bonus depends on the type of account opened.
Bronze Account Bonus
The Bronze account is the fundamental option offered by IQCent for novice traders. There is a 20% deposit bonus available, up to $500. Traders need to deposit at least $100 to be eligible for the 20% bonus. When you deposit $100, you’ll get an additional $20 as a bonus in your account. By depositing the maximum amount of $500, you will qualify for the full $100 bonus.
Trading volume requirement must be met before withdrawals can be processed for the Bronze account bonus. Traders need to complete a minimum trading volume of 15 lots within 60 days of receiving the bonus to be able to withdraw funds. If the trading volume requirement is not fulfilled within 60 days, IQCent may revoke the bonus and any profits generated from trading with the bonus IQCent funds.
Silver Account Bonus
This account is designed for traders with intermediate experience. This option provides additional features, market insights, and support compared to the Bronze account. The Silver account offers a deposit bonus of 50% up to $2000. To be eligible for the full $2000 bonus, traders need to deposit a minimum of $4000 into their new Silver account. Smaller deposits result in reduced bonus amounts, with a minimum deposit of $1000 needed to trigger any Silver account bonus.
Similar to the Bronze bonus, the Silver bonus also has a trading volume requirement that must be met before withdrawals can be made. Traders need to complete a minimum trading volume of 30 lots within 90 days of receiving the Silver bonus. If this requirement is not met, the bonus and any related profits will be forfeited.
Gold Account Bonus
For advanced traders, IQCent’s premium Gold account includes a 100% deposit bonus of up to $5000. To be eligible for the full $5000 bonus, traders need to deposit a minimum of $5000 into their gold account. Lower deposit levels will receive smaller bonus amounts, with a minimum deposit of $3000 needed to activate any Gold account bonus.
To qualify for the Gold account bonus funds, you need to trade 50 lots within 120 days. If trading requirements are not met, the bonus credit and any associated trading gains will expire, similar to the other tiers.
Trading Contests
IQCent offers weekly trading contests with $20,000 in prize money available, along with account bonuses. The top 20 traders are awarded cash prizes from the $20,000 prize fund, which is distributed according to the following breakdown:
Prize Distribution
- 1st place: $10,000
- 2nd place: $5,000
- 3rd place: $3,000
- 4th place: $2,000
- 5th–10th place: $500 each ($2,500 total)
- 11th–20th place: $250 each ($2,500 total)
Contest Rules and Eligibility
The contests take place every week from Monday to Friday. Traders are required to maintain a minimum account balance of $500 to participate. Only actual trading accounts are eligible for participation; demo accounts are not permitted. Traders are required to complete a minimum of 10 round-turn trades within the week, with each trade being at least 0.1 lots in size. Only forex transactions are considered; other types of trades are not eligible.
Judging Criteria
The highest return on margin during the contest week determines the winners. IQCent specifically calculates each trader’s net profit as a percentage of the margin used during the week. The top 20 performers will receive the corresponding cash rewards.
Tips to Improve Contest Performance
Here are some valuable insights from seasoned traders on maximizing contest outcomes:
- Choose trades meticulously, ensuring a favorable risk-reward ratio
- Employ tight stops to cap losses on unsuccessful trades
- Reinvesting profits from successful investments to enhance overall returns
- Utilize technical indicators such as MACD to identify developing trends
- Maintain thorough trading records to quantify statistics
- Concentrate on a select number of currency pairs that you have backtested
- Volatility can present opportunities during competitions
- Avoid excessive trading or emotional trading after losses
It’s all about finding the right balance between managing risks and aiming for significant trading profits to rise in the contest rankings.
Referral Program
IQCent offers the opportunity to increase your earnings by inviting friends to create new accounts. Simply distribute your exclusive promo link and earn 20% of the initial deposit from every new trader who signs up through your link, directly deposited into your account balance.
The referral process is straightforward for both parties. Here’s how it works:
- Retrieve your personalized referral link from your IQCent dashboard
- Spread your link through email, social media, forums, and other channels.
- We will monitor new registrations and provide you with a 20% commission for each new account created through your link.
For instance, if you recommend a friend and they deposit $1000, you’ll get $200 added to your account balance, which is 0.2 times $1000.
Additional methods to increase referrals involve sharing your link on trading forums, utilizing email outreach, and integrating the link into your website or blog content if you have them. It’s crucial to ensure that your distinct link reaches a wide range of potential new traders through various channels, all while offering value.
Giveaway Promotion
IQCent is currently offering a tech giveaway promotion for new and existing traders. When traders make a qualifying deposit amount during the promotion period, they can earn entries to win fantastic prizes such as iPads, iPhones, Apple Watches, and iMacs. Increasing your deposit will result in receiving more entries:
New Giveaway Prizes:
IQCent selected popular Apple devices tailored to enhance your trading experience:
- Apple Watch Series 9: Deposit Range: $500 – $999, 10 prizes available
- iPhone 15 Pro 256GB: Deposit Range: $1000 – $2499, 5 prizes available
- iPad Pro: Deposit Range: $2500 – $4999, 5 prizes available
- iMac 27′′: Deposit Range: $5000+, 3 prizes available
How to enter
To participate, simply activate the giveaway offer in the My Promotions section of your IQCent dashboard and complete a qualifying deposit within the promotion period. Increasing your deposit will earn you additional entries for larger prizes.
For example, a deposit ranging from $1000 to $2499 will qualify you for a chance to win an iPhone 15 Pro. However, a deposit of $5000 or more will get you three entries for the chance to win a brand new iMac 27”.
Utilize your 100% bonus and join this thrilling promotion for a chance to win exclusive Apple gadgets designed for traders. Best of luck!
Conclusion
With generous welcome bonuses, exciting giveaways, contests, and referrals, IQCent offers traders diverse opportunities to maximize their accounts in 2024. By fully understanding bonus terms and trading wisely, traders can capitalize on these promotions to elevate their profits to new heights!
FAQs
Can I withdraw the bonus amount directly?
It is not possible to withdraw the initial bonus amount directly. The bonus funds are intended solely for trading purposes. Nevertheless, any profits gained from trading the bonus are eligible for withdrawal once you fulfill the minimum trading volume requirements established by IQCent. However, the initial bonus credit cannot be withdrawn as cash; it must be utilized for trading activities in your account.
Can I lose my own money trading with a bonus?
Yes, if your trades lose money, you can still lose the money you put in that wasn’t part of the bonus. Bonuses are nothing more than extra points. You are still in charge of your trading loses.
How are the winning places distributed in IQCent’s trading contest?
The winners are chosen based on how many trades were made during the contest’s active one-week time. The traders who make the most sales (at least 10 dollars each) will win the big prizes, like the $20,000 cash payout.
What are the prizes available for the trading contest?
The $20,000 fund gives cash prizes to the top 4 players. First place gets $10,000, second place gets $5,000, and third and fourth place each get $2,000. Others win important extra prizes and have money added to their IQCent accounts.
Are there any trade limitations to qualify for contest prizes?
Any forex trades over 10 dollars are eligible for the game, whether they make money or lose money. You can only use forex volumes, not CFD volumes. You can trade any cash pair you want.
How will I be notified if I win a trading contest prize?
At the end of each event week, you’ll get an email telling you your final rank and the prize you won. During the week, you can also use your IQCent dashboard to keep an eye on the real-time event leaderboard.
How are winners determined?
Winners are ranked by how many forex deals they made. The average return per trade is used to break ties. Go to your dashboard and click on “Contest” to see real-time results!
How do I claim my prize?
If you win cash prizes, the money will be added immediately to your account. Within 5 business days of the end of the game, bonuses and credits will show up in your account. You’ll also get an email telling you about it.
Can I use the bonus as margin for leveraged trades?
Yes, one of the best things about IQCent’s trading account bonuses is that they add to your general account balance. This means you have more margin to open new positions that are based on borrowed money. If you want to trade more aggressively than your initial amount may have allowed, you can use the extra bonus capital as margin to open bigger positions.
What happens if I don’t meet the trading requirements?
If the minimum trading volume for a bonus is not met within the specified time frame, the bonus and any profits earned will be canceled and deducted from your account. Make sure you complete the necessary trading activity!