What is IQCent? It is an online trading platform that allows trading CFDs on many markets like forex, stocks, commodities, and crypto. This broker provides traders with advanced trading platforms and tools to profit from CFD trading.
How to Open a CFD Trading Account on IQCent
Opening a CFD trading account with IQCent broker only takes a few quick steps:
Step 1: Register on the IQCent Website
First, Visit the IQCents website and click “Sign Up” in the top menu. Fill in your name, email, password, phone number, and preferred account currency. Read and accept the Terms & Conditions to move forward.
Step 2: Verify Your Identity
After registering, you would be taken directly to your trading terminal, where you can deposit and start trading. However, it’s advisable to verify your identity first by submitting documents that prove who you are.
Click on your profile icon, click “Settings,” then “Verification.” Provide a valid ID such as a passport or driver’s license. You may also need to submit a utility bill or bank statement displaying your address. Uploading these KYC documents allows IQCent to confirm you are who you claim to be. Identity verification is important for security and compliance.
Step 3: Deposit Funds
Once your account is verified, go back to your IQCent app and click on add funds. Choose an account type that fits your budget and trading needs. Proceed to make payment after selecting an account.
IQCent offers various payment methods, including credit cards, bank transfers, and cryptocurrencies. Enter the amount you wish to deposit and complete the transaction through your chosen method. Deposits are quickly credited to your trading account balance, and you can now use these funds to trade CFDs.
Step 4: Start Trading CFDs
With a funded account, you can search CFD markets and start trading. Click the plus icon on the top menu on your trading terminal, then select “Forex & CFDs.” Choose your preferred asset, which could be forex pairs, commodities, indices, or cryptocurrency. Analyze the charts, place trades, and manage positions.
Benefits of Trading CFDs with IQCent
Here are some benefits to investing in CFDs trading on this platform:
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Low spreads and no commissions
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Leverage up to 1:500
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100+ Trading Assets
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Advanced trading platforms
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Excellent customer support
Types of CFDs Offered by IQCent
IQCent provides CFD trading across a diverse range of markets:
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Forex CFDs: Trade major, minor, and exotic currency pairs with no expiry dates.
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Stock Index CFDs: Trade on indices like S&P 500, FTSE, DAX, and more.
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Commodity CFDs: Go long or short on commodities, including gold, oil, silver, and natural gas.
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Cryptocurrency CFDs: Speculate on prices of cryptos like Bitcoin, Ethereum, Litecoin, and others.
Conclusion
Opening a CFD trading account with IQCent is quick and straightforward. Simply register on their website, verify your identity, fund your account through a convenient payment method, and you can start trading CFDs instantly. If you’re ready to trade CFDs, sign up with IQCent today to access hundreds of CFD instruments.
FAQs
What is the minimum deposit for a CFD account?
The minimum to open a CFD account on IQCent is only $100. This low barrier to entry makes trading accessible to all.
How quickly can I start trading CFDs?
Once your account is funded, you can start trading CFDs on forex, crypto, commodities, stocks, and more on IQCent’s cutting-edge platforms.
What leverage does IQCent offer?
IQCent allows leverage up to 1:500 on certain CFD instruments. This gives you larger market exposure with less upfront capital required. However, leverage also amplifies risks, so utilize it wisely.