IQ Cent
IQ Cent

IQ Cent Terms of Use

Legal terms and conditions governing the use of IQ Cent trading platform.

These Terms of Use (the “Terms”) govern access to and use of the IQ Cent trading platform and related services (collectively, the “Platform”). By registering an account or accessing the Platform, you agree to be bound by these Terms. If you do not agree, you must not use the Platform.

The Platform is operated by Wave Makers Ltd, a company registered in the Marshall Islands at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960. These Terms constitute a legally binding agreement between you (the “User” or “you”) and Wave Makers Ltd (the “company”).

1. Acceptance and Scope

1.1. By creating an account, depositing funds, or executing any trade on the Platform, you confirm that you have read, understood, and accepted these Terms in full.

1.2. These Terms apply to all users of the Platform, regardless of account type or jurisdiction of access.

1.3. The company reserves the right to amend these Terms at any time. Amendments will be published on the Platform and will take effect immediately upon publication. Continued use of the Platform after any amendment constitutes acceptance of the revised Terms.

1.4. You are responsible for reviewing these Terms regularly. The company is not obligated to provide individual notice of changes.

2. Eligibility and Account Registration

2.1. You must be at least 18 years of age (or the age of legal majority in your jurisdiction, whichever is higher) to register and use the Platform.

2.2. You must provide accurate, current, and complete information during registration. Any false, misleading, or incomplete information may result in immediate account suspension or termination.

2.3. You are responsible for maintaining the confidentiality of your account credentials. Any activity conducted under your account is your sole responsibility.

2.4. You may hold only one account on the Platform. Multiple or duplicate accounts are prohibited and will be closed without prior notice. Funds in duplicate accounts may be forfeited.

2.5. The company reserves the right to request identity verification documents at any time. Failure to provide requested documents within the specified timeframe may result in account restrictions, including suspension of withdrawals.

3. Prohibited Jurisdictions and Restricted Use

3.1. The Platform is not available to residents or citizens of the following jurisdictions: United States of America, Belgium, Israel, Japan, Russia, Switzerland, Syria, Spain, United States Virgin Islands, and Ukraine.

3.2. The Platform is also not authorized to provide services in jurisdictions where the activities of the company are prohibited by local law, including but not limited to Portugal and certain member states of the European Union.

3.3. Users accessing the Platform from Pakistan or any other jurisdiction do so at their own risk and are solely responsible for compliance with local laws and regulations. No representation is made that the use of the Platform is lawful or appropriate in any particular jurisdiction.

3.4. It is your obligation to ensure that your use of the Platform does not violate any applicable law. The company accepts no liability for any breach of local regulations by users.

3.5. The company reserves the right to block access from any jurisdiction at its sole discretion and without prior notice.

4. User Obligations and Prohibited Activities

4.1. You agree to use the Platform solely for lawful purposes and in accordance with these Terms.

4.2. You must not:

  • Use the Platform for any fraudulent, abusive, or illegal activity.
  • Attempt to manipulate, exploit, or interfere with the proper functioning of the Platform.
  • Use automated trading systems, bots, or scripts without prior written consent from the company.
  • Engage in arbitrage, scalping, or other strategies that exploit technical errors or delays.
  • Collude with other users or third parties to gain unfair advantage.
  • Use the Platform to launder money or finance illegal activities.

4.3. The company reserves the right to investigate any suspected violation of these Terms. If it is determined that you have engaged in prohibited activity, the company may suspend or terminate your account, void trades, and forfeit any funds in your account.

4.4. You acknowledge that trading binary options and contracts for difference (CFDs) involves substantial risk of loss. You are solely responsible for all trading decisions and outcomes.

5. Deposits, Withdrawals, and Turnover Requirements

5.1. All deposits are subject to verification and acceptance by the company. The company reserves the right to refuse or return any deposit at its discretion.

5.2. Withdrawals are processed in accordance with internal procedures and may be subject to identity verification, anti-money laundering checks, and other compliance requirements.

5.3. A minimum turnover requirement applies to all deposited funds. You must trade a volume equivalent to at least three times (3x) the total amount deposited before you may request a withdrawal. Failure to meet this requirement may result in a commission fee of up to 20% being deducted from the withdrawal amount.

5.4. Withdrawal requests are processed within a reasonable timeframe, typically within one business day after verification is complete. Processing times may vary depending on the payment method and external factors beyond the control of the company.

5.5. The company reserves the right to limit withdrawal methods. Currently, withdrawals may be processed via Bitcoin (BTC) and Tether (USDT TRC20). Minimum withdrawal amounts apply and are specified on the Platform.

5.6. Any fees charged by third-party payment providers or blockchain networks are your sole responsibility.

6. Bonuses and Promotional Terms

6.1. Bonuses, credits, and promotional offers are granted at the sole discretion of the company and are subject to specific terms and conditions published on the Platform at the time of the offer.

6.2. Bonus funds are provided as trading credit and may not be withdrawn directly. Profits generated using bonus funds may be withdrawn only after all applicable turnover and time requirements have been met.

6.3. Bonus funds typically expire within a specified period (for example, three months from the date of credit). Expired bonus funds and any associated profits will be forfeited.

6.4. The company reserves the right to cancel, modify, or withdraw any bonus or promotion at any time without prior notice.

6.5. Abuse of bonuses or promotional offers, including but not limited to creating multiple accounts or colluding with other users, will result in forfeiture of the bonus and may lead to account termination.

7. Fees and Charges

7.1. The company may charge fees for certain services, including but not limited to:

  • Inactivity fees: A fee of up to 10 USD per month may be charged if no trades are executed on your account for a continuous period of one month.
  • Swap fees: Overnight positions on CFD instruments may incur a swap fee, calculated as a percentage of the position’s face value.
  • Payment processing fees: Certain deposit and withdrawal methods may incur fees as specified on the Platform or by third-party providers.

7.2. All applicable fees will be deducted from your account balance automatically.

7.3. The company reserves the right to introduce, modify, or remove fees at any time. Notice of fee changes will be published on the Platform.

8. Intellectual Property and License

8.1. All content, software, trademarks, logos, and other materials on the Platform are the exclusive property of Wave Makers Ltd or its licensors and are protected by intellectual property laws.

8.2. You are granted a limited, non-exclusive, non-transferable license to access and use the Platform for personal, non-commercial purposes only.

8.3. You may not copy, reproduce, distribute, modify, reverse-engineer, or create derivative works from any part of the Platform without prior written consent from the company.

9. Disclaimers and Limitation of Liability

9.1. The Platform and all services are provided “as is” and “as available” without any warranties of any kind, whether express or implied.

9.2. No guarantee is given that the Platform will be uninterrupted, error-free, or secure. Technical issues, including but not limited to server downtime, connectivity problems, and software errors, may occur.

9.3. The company is not liable for any loss or damage arising from:

  • Your use of or inability to use the Platform.
  • Unauthorized access to your account.
  • Errors, delays, or interruptions in service.
  • Trading losses or investment decisions.
  • Actions or omissions of third parties, including payment providers or network operators.

9.4. To the maximum extent permitted by law, the total liability of the company to you for any claim arising out of or related to these Terms or your use of the Platform shall not exceed the amount of funds you deposited in the six months preceding the claim.

9.5. You acknowledge that trading binary options and CFDs involves high risk and that you may lose all funds invested. No investment advice is provided, and all trading decisions are your sole responsibility.

10. Termination and Account Closure

10.1. You may close your account at any time by contacting support at support@iqcent.com. Any remaining balance will be returned to you after deduction of applicable fees and subject to verification.

10.2. The company reserves the right to suspend or terminate your account at any time, with or without cause and without prior notice, if there is a belief that you have violated these Terms or engaged in prohibited activity.

10.3. Upon termination, all rights granted to you under these Terms will immediately cease. The company may retain records and information related to your account as required by law or for internal purposes.

11. Governing Law and Dispute Resolution

11.1. These Terms are governed by and construed in accordance with the laws of the Marshall Islands.

11.2. Any dispute arising out of or related to these Terms or your use of the Platform shall be resolved through binding arbitration in accordance with the rules of arbitration applicable in the Marshall Islands.

11.3. You waive any right to participate in class actions or other collective proceedings against the company.

12. Contact and Support

12.1. For questions, concerns, or support requests related to these Terms or your account, contact:

12.2. Inquiries will be addressed within a reasonable timeframe. Response times may vary depending on the nature and volume of requests.