IQCent withdrawal problems include a 3x turnover requirement on the deposit, which users must meet to avoid a 20% commission fee.
This binary options broker only supports Bitcoin and Tether (USDT) TRC20 withdrawals, which makes it hard for many users to cash out thier profits via the payment method they prefer.

Detailed Breakdown of IQCent Withdrawal Issues
As with many platforms, IQCent Binary Broker comes with some problems in withdrawals. IQCent Payout Issues:
- Limited Withdrawal Methods
- Minimum Withdrawal Amount
- Turnover Requirement
- Commission & Fees
#1 IQCent Limited Withdrawal Methods
IQCent only allows withdrawals through two methods, and other standard payment methods, such as bank transfers and credit cards, are unavailable.
Withdrawal Methods | Minimum Payout Amount |
$50 | |
$50 |

#2 IQCent Minimum Withdrawal Amount
- The minimum withdrawal for Tether TRC20 is $50 (high, compared to some rivals;)
- BTC withdrawal limits may vary depending on the network fees.

#3 IQCent Turnover Requirement
- As with many Binary Option Brokers, users must trade at least 3 times their deposit before withdrawing from IQCent.
- If this requirement is unmet, a 20% commission fee is deducted from the withdrawal amount.

#4 IQCent Commission & Fees
- A 20% fee applies if the turnover requirement is not fulfilled;
- The Tether TRC20 withdrawal fee is 27 TRX per transaction!
Do Traders Face Similar Issues in Other Brokers
Yes, many binary brokers have similar limiting policies that affect traders immensly.
Broker | IQcent Broker | Binarium Broker | ||
High Payout Limits | Yes | Yes | Yes | No |
High Payout Fees | Yes | Yes | Yes | Yes |
Funds not Sent | No | No | No | No |
Limited Payout Methods | Yes | No | No | Yes |
Conclusion and Final Words
IQCent withdrawal problems are not limited to only fees and turnover conditions.
Unlike the IQCent Alternatives, the broker only supports 2 withdrawal options (BTC and Tether TRC20) with a minimum withdrawal of $50 for Tether. To learn more about the platform, check out the IQCent Tutorials page.