IQCent Legality & Safety in India

---

IQCent is not a regulated broker. It is registered offshore in the Marshall Islands and is not overseen by any major financial authority or top-tier regulator. This lack of robust oversight increases the risk for traders, as there is no independent body ensuring fair practices, safeguarding client funds, or providing recourse in case of disputes.

Regulatory Status

• No regulation by major authorities: IQCent is not registered with any well-known or stringent financial regulator.
• Offshore registration: The broker is incorporated in the Marshall Islands, which has limited regulatory requirements and oversight.
• Weak or no third-party oversight: There are no strong consumer protections in place in the event of disputes or broker misconduct.

Trustworthiness and User Experience

• Mixed customer reviews: Some users report positive experiences, especially with withdrawals and customer service. However, there are also multiple complaints, including withdrawal delays, account closures, platform glitches, and unresponsive support.
• Poor reputation among experts: Expert reviews consistently warn against using IQCent due to its regulatory shortcomings and low trust ratings. For example, WikiFX gives IQCent a very low reliability score (1.46/10).
• No top-tier endorsements: Reputable broker rating sites do not recommend IQCent and caution that they would not open accounts with this broker themselves.

Key Points to Consider

• High risk: Trading with unregulated brokers exposes users to greater risk of fraud, unethical practices, and difficulty recovering funds in case of issues.
• Better alternatives available: Numerous well-regulated brokers exist that offer strong consumer protections and transparent operations.

IQCent is not a regulated broker and receives poor trust ratings from both experts and users. The absence of oversight by any recognized financial authority and mixed customer feedback make IQCent a high-risk choice for trading. For greater security and protection, it is advisable to use brokers regulated by reputable, top-tier authorities.