IQcent vs Videforex: Compare Brokers, Welcome Bonus & Trading Strategies
Comparing IQcent and Videforex involves looking at various aspects of these online trading platforms, available trading instruments, platform features, and target user base. Both platforms offer binary options trading and other financial instruments and are known for catering to traders globally. Here’s a detailed comparison:
Trading Instruments
- IQcent: Offers a range of trading options including binary options, forex, CFDs, and cryptocurrencies.
- Videforex: Provides access to binary options, forex, CFDs, and commodities, focusing on providing a variety of assets for traders.
Platform Features
- IQcent:
- User-friendly platform suitable for beginners.
- Offers copy trading features allowing users to mimic the strategies of successful traders.
- Provides bonuses and promotions, which can be attractive for new traders.
- Minimum trade amounts are low, making it accessible for traders with limited capital.
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- Videforex:
- Also features a user-friendly interface designed for traders of all experience levels.
- Unique live video chat support, offering interactive assistance to traders.
- Provides access to trade analysis and educational materials.
- Offers flexible trading conditions and bonus programs.
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Account Types
- IQcent: Provides different account tiers based on the deposit amount, with higher tiers offering additional benefits like increased bonuses and more extensive support.
- Videforex: Similar to IQcent, it offers various account types with benefits scaling with account size, including bonus percentages and withdrawal priorities.
User Experience
- IQcent: Known for its straightforward approach, making it suitable for beginners who prefer a simple, no-frills trading experience.
- Videforex: Emphasizes user support with its live video chat feature, aiming to provide a more interactive and supported trading experience.
Customer Support
- IQcent: Offers standard support channels such as email, live chat, and phone.
- Videforex: Stands out with its live video chat support, along with other standard support channels.
Target Users
- Both platforms are tailored towards traders who are looking for platforms that offer binary options trading, as well as other instruments like forex and CFDs. They cater to international traders, including those from countries where some other platforms might not operate.
Risks
- Market Risks: Both platforms offer products like binary options and CFDs, which come with high risks, especially for inexperienced traders.
Conclusion
IQcent and Videforex offer similar services, with both focusing on binary options and a range of other trading instruments. The choice between the two might come down to personal preferences regarding platform specifics, user experience, and additional features like copy trading or live video support. Regardless of the platform you choose, it’s crucial to trade responsibly, understand the risks involved. Always start with a small amount and consider using a demo account to get familiar with the platform’s offerings before committing significant capital.