Exnova Review

Exnova, a binary broker armed with a robust online trading platform, presents an array of impressive features designed to enhance the trading journey.

The company's financial products carry a high level of risk and may lead to a complete loss of investment capital. You should not invest money that you cannot afford to lose.

Exnova, a binary broker armed with a robust online trading platform, presents an array of impressive features designed to enhance the trading journey. With diverse account types and an assortment of trading tools, it endeavors to cater to both novice and seasoned traders.
The primary objective of Exnova is to deliver a trading environment that is both user-friendly and highly efficient, accommodating individuals across different experience levels. Boasting competitive trading conditions, it strives to attract traders seeking favorable opportunities. However, the ultimate question remains: does Exnova truly justify a trader's investment of time and money? Let's delve deeper to uncover the answer.

What is Exnova?

The official website of Exnova

Exnova serves as a versatile trading platform enabling users to engage in online trading across a spectrum of assets. Through this platform, traders can actively participate in stocks, forex, commodities, binary options, digital options, and cryptocurrencies, supported by an assortment of features and tools aiding in informed decision-making.
Positioning itself as a user-friendly and secure trading environment, Exnova ensures accessibility through desktop, web, and mobile applications. It further accommodates traders with a selection of account types tailored to suit varying levels of expertise.
Renowned as an exceptional broker, Exnova provides traders with favorable trading conditions, boasting terms and regulations conducive for any trader seeking to utilize this online platform.

Exnova Securities And Regulation

Exnova, a relatively new brokerage, lacks comprehensive information regarding its regulations on the website. However, the platform asserts the implementation of industry-standard security measures like SSL encryption and two-factor authentication to safeguard client data and transactions.
Moreover, Exnova claims to uphold an additional level of security by housing clients' funds in segregated accounts with reputable banks, ensuring enhanced protection.
Despite the absence of explicit regulatory details, Exnova's utilization of SSL, data protection measures, two-factor authentication, availability of regulated payment methods, and provision of negative balance protection contribute to a sense of safety and security for traders. As of now, no indications of scam or fraudulent activities have been detected on the platform.

Trading Asset

How to trade OTC assets on Exnova ++ Guide 2023
Asset Class Typical Spreads/Returns on Exnova
Forex Over 31 currency pairs including major, minor, and exotic pairs
Commodities Various commodities like precious metals, crude oil, and natural gas
Indices Global stock indices such as S&P 500, NASDAQ, and FTSE 100
Cryptocurrencies Selection of popular cryptocurrencies
Binary Options Trading is available with a choice of underlying assets, including digital options


Exnova facilitates trading across multiple asset classes. In the realm of Forex, it offers a wide array of over 31 currency pairs, spanning major, minor, and exotic pairs. Traders interested in commodities can access precious metals, crude oil, and natural gas among other energy products.

The platform also extends trading options across global stock indices like S&P 500, NASDAQ, and FTSE 100. Additionally, Exnova allows trading in popular cryptocurrencies and offers binary options and digital options for traders to engage with various underlying assets.

Account Types

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Exnova offers two primary account types tailored to suit traders' expertise levels:

Demo Account:

Designed for traders seeking practice and learning opportunities.
Features $10,000 in virtual funds for simulated trading.
Ideal for inexperienced traders looking to learn, test the platform, or refine trading strategies.

Real Account:

Enables trading with actual funds across all available assets.
Traders can deposit funds, engage in trading activities, and withdraw profits as they accrue.

Fee and Spread on Exnova

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Major currency pairs have starting spreads of 1.0 pips, while spreads on commodities and indices may fluctuate based on the particular asset and market conditions.


Exnova imposes commissions on certain accounts like Platinum and VIP, calculated as a percentage of the trade size. The commission rate varies according to the asset being traded.

Swap Fees:

Exnova applies variable swap fees for positions held overnight. Typically ranging from 0.01% to 0.5%, the specific swap fee is contingent on the traded asset. Additionally, whether the position is long or short plays a pivotal role in determining these swap fees.

Trading Platform

Powerful trading platform for investors

Exnova offers two primary trading platforms, catering to diverse trader preferences:

Mobile Application

  • Enables trading on the go with features mirroring the web version.
  • Equipped with the same functionalities as the web platform for seamless trading experiences.

Web Trading Platform (WebTrader)

  • Ideal for traders seeking a simplified trading interface via any web browser.
  • Provides a user-friendly environment, real-time market data, and an array of advanced tools like one-click trading, customizable charts, and comprehensive market analysis.


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Exnova's trading platform provides a suite of charting tools, facilitating comprehensive trade analysis. Traders can leverage these tools, such as binary trading oscillators or Fibonacci retracement strategies, for in-depth pre-trade analysis across various assets like forex, commodities, indices, and cryptocurrencies. Customizable real-time charts with diverse indicators and time frames are available.


Exnova furnishes traders with a range of technical analysis tools:
  • Technical Indicators: Numerous indicators aid in determining market trends and spotting trading opportunities.
  • Drawing Tools: Trend lines and Fibonacci retracements assist in marking crucial levels on charts.
  • Trading Signals: Free trading signals employing advanced algorithms and technical analysis support traders in identifying potential opportunities, empowering them to make informed trading decisions.

Special features

Exnova enhances the trading experience by offering distinctive features that stand out among other brokers:

Community Chats:

  • The platform provides a community chat feature fostering connections among traders.
  • Traders can engage with others, learn from successful peers, seek advice, and discuss queries within these forums.

Cryptocurrency Trading:

  • Exnova supports various cryptocurrencies, enabling both trading and fund transactions in cryptocurrencies and traditional fiat currencies.
  • Traders accessing the platform for cryptocurrency trading benefit from advanced charting tools and technical analysis indicators.
  • Competitive spreads and low trading fees make Exnova an appealing choice for traders interested in the cryptocurrency market.

Market Sentiment Signals:

  • Exnova offers market sentiment indicators aiding traders in understanding market sentiment for improved decision-making.
  • These indicators encompass tools like sentiment analysis, volume analysis, and order book analysis, providing valuable insights to traders.


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Exnova extends support to traders of all skill levels through various resources:

Video Tutorials:

  • The broker furnishes free video tutorials on its website, providing practical insights suitable for traders at any expertise level.
  • These tutorials offer actionable guidance applicable to real-time trading scenarios and are regularly updated to ensure traders access the latest market trends.

Weekly Newsletter:

  • Traders subscribed to Exnova's weekly newsletter receive valuable market insights, analysis, and updates.
  • This newsletter offers tips and tricks beneficial for traders seeking to enhance their trading skills and maximize profits.

Minimum Trade Amount:

  • Exnova allows traders to commence trading with a minimal amount of $1, even though the minimum deposit stands at $10.
  • This flexibility enables traders to execute trades starting from as low as $1.

Demo Accounts:

  • The broker provides free demo accounts with up to $10,000, offering traders an opportunity to practice trading with ease and without financial risk.

Payment Method

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Exnova ensures a streamlined deposit and withdrawal process, making it a preferred choice for traders, provided they understand the procedures involved:


Exnova offers diverse payment methods for deposits and withdrawals, varying based on clients' country of residence. Popular methods include credit/debit cards, bank transfers, e-wallets (Skrill, Neteller, PayPal), and cryptocurrencies, along with additional options like Boleto, Pix, Advcash, Perfect Money, and Webmoney.


To initiate a deposit, traders simply need to select their preferred method and follow the instructions after clicking the “Deposit” button.

Another Information

Minimum Deposit

  • Exnova maintains a low minimum deposit requirement of $10, allowing traders to fund their accounts and start trading with a minimum trade value of $1.
  • To deposit funds, traders login to their Exnova account, access the “Deposit” section, choose their preferred method, and follow the on-screen instructions to complete the process.

Withdrawal Process

  • Traders can withdraw funds by logging into their Exnova account, accessing the “Withdrawal” section by clicking on their profile picture, selecting the desired withdrawal method, entering the amount and necessary details, and submitting the withdrawal request.
  • Once processed by Exnova, the withdrawn funds will be transferred to the designated account.

Exnova Bonuses

Exnova may offer various bonuses and promotions to its clients, subject to specific terms and conditions that traders should review before accepting them. It's crucial for traders on Exnova to understand these terms and conditions associated with bonuses and promotions.

Customer Support

Support and Education Availability
Customer Support Yes
Trading Guides Yes
Webinars Yes
Trading Signals Yes
Economic Calendars Yes
Exnova ensures traders have access to a robust set of support and educational resources:

Customer Support

Available through live chat, phone, and email, Exnova's customer support operates 24/7 to assist traders with account-related queries, technical issues, or trading concerns.

Trading Guides

The platform furnishes an array of comprehensive trading guides encompassing various topics. These guides cover trading strategies, risk management psychology, and essential aspects beneficial for strengthening traders' knowledge.


Exnova conducts regular webinars led by experienced traders, offering insights into market analysis, trading strategies, and risk management techniques.

Trading Signals

Traders receive trading signals incorporating analysis and recommendations derived from both technical and fundamental analysis. These signals aid in identifying potential trading opportunities and staying updated on market developments.

Economic Calendar

Exnova provides an economic calendar highlighting important economic events and indicators that may impact the markets. This resource serves as a valuable tool for traders to stay informed about potential market-moving events.


Exnova stands out as a reputable online trading platform offering a diverse array of financial instruments without any indication of fraudulent activities, ensuring a safe trading environment. With multiple account types, distinct features, and various trading platforms equipped with advanced tools for charting and analysis, Exnova appeals to traders seeking reliability.
The platform prioritizes the security of client funds and data, making it a secure choice for traders. It boasts several advantages, including low spreads, high-leverage options, and an extensive range of tradable assets. However, drawbacks like limited educational resources and high withdrawal fees for certain methods exist.
Traders intending to opt for Exnova should carefully assess their specific trading requirements and preferences before committing to the platform.

Exnova FAQ's

What types of educational resources does Exnova provide for traders?

Exnova offers a variety of educational resources, including webinars, e-books, and video tutorials, aiming to help traders enhance their skills and knowledge.

Can I trade cryptocurrencies on Exnova?

Yes, Exnova provides access to a range of popular cryptocurrencies for trading, such as Bitcoin, Ethereum, and Litecoin.

Does Exnova offer trading signals or recommendations?

Exnova provides free daily trading signals to assist traders in making well-informed trading decisions.

What commission does Exnova charge?

Exnova charges minimal commissions, allowing traders to potentially increase their profits. It might not charge any commission on certain trades.

US Traders Accepted
Trading Platform
Web-Platform, mobile applications
Minimum Trade
Starting from $1
Trading Instruments
Number of Trading Instruments
Online Since
Customer Support Types
24×7 customer support
Education Offered
Trading courses, e-books, video tutorials, and more
10+ language support
Demo Account
  • Exnova provides access to various financial instruments like stocks, forex, commodities, and cryptocurrencies.
  • Traders can engage in binary options and digital options trading with this broker.
  • It emphasizes diversification opportunities for traders.
  • The platform offers a web-based platform and a mobile trading app.
  • The mobile binary options trading app is available for both iOS and Android.
  • Traders have the flexibility to choose their preferred trading platform.
  • Different account types are available, catering to varying trading expertise.
  • Exnova offers educational resources such as webinars, tutorials, and articles.
  • The platform features reliable customer support to assist traders.
  • A wide range of tools is available for traders, including technical analysis tools like trading indicators, various chart types, and economic calendars.
  • Exnova’s basic account type has a low minimum deposit requirement of $10.
  • The platform supports multiple languages to accommodate traders globally.
  • Exnova lacks the MetaTrader suite, which may deter traders who favor platforms like MetaTrader 4 and 5 (MT4 and MT5) or cTrader.
  • Although Exnova provides certain educational resources like market analysis and webinars, its educational content might not match the depth offered by other brokers.
  • The broker’s limited range of payment methods could pose an inconvenience for certain traders.
  • Compared to other brokers, Exnova might not present as expansive a selection of assets.