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Exnova, a binary options broker, is the subject of a review and broker test in the provided YouTube video. The review aims to determine whether Exnova can be trusted and if it is a suitable broker for new traders. The review starts by highlighting that Exnova is a relatively new broker and expresses the intention to assess its credibility and whether it is worth signing up for. The home page of Exnova is explored, focusing on the offers available. Notable advantages include a free demo card and a low minimum deposit requirement of $10, which is considered favorable compared to other brokers that demand higher amounts.
The review emphasizes the user-friendly nature of the Exnova platform, showcasing screenshots that demonstrate its ease of use. The platform offers a range of features, including the ability to create alerts, monitor price movements, and access an economic calendar, all within a single platform. The availability of different payment methods is also noted, with options varying based on the user's country of residence.
The review then proceeds to examine the trading platform in detail. It highlights that the platform bears similarities to a popular brokerage called IQ Option. The platform allows users to trade over 250 different assets, including options, binary options, digital options, stocks, cryptocurrencies, commodities, and Forex. Various trade types, such as blitz options, which involve short expiration times, are mentioned, but the reviewer suggests sticking to normal binary options for optimal trading outcomes. Information regarding the spreads in Forex trading is provided, indicating that they are average, with one pip being the typical spread observed. The review also showcases the ability to trade stocks, cryptocurrencies, commodities, and ETFs. A notable feature is the option to create a watch list for tracking preferred assets. The reviewer demonstrates trading on the platform using a demo account, emphasizing the availability of a practice account that allows users to trade with virtual funds. The process of executing a trade is explained, including selecting the asset, determining the trade direction, setting the investment amount, and choosing the expiration time. The potential returns on trades are mentioned, reaching up to 80 percent.
Discount | Description | Expiry Date |
---|---|---|
200% | Exclusive 200% bonus on deposits from $80 with promo code Exnova 1001BONUS | 2024-12-31 |
100% | Promo code Exnova with 100% bonus depositing $40 1001BONUS | 2024-12-31 |
50% | Deposit $20 and receive 50% bonus with promo code Exnova 1001BONUS | 2024-12-31 |
30% | Promo code Exnova with 30% OFF CASHBACK on every deposit 1001BONUS | 2024-12-31 |
Exnova is a relatively new broker offering binary and digital options, as well as CFDs on Forex, stocks, crypto, commodities, and exchange-traded funds (ETFs).
Exnova is the top choice for traders looking to make informed decisions and maximize their profits. With a huge selection of trading instruments including binaries, CFDs, cryptocurrencies, commodities and more - this platform has something for everyone, whether you're a beginner or experienced. What sets Exnova apart from the competition is its how user-friendly it is - so even new users can navigate it easily. With advanced features and their mobile app downloadable on iOS and Android devices - trading is more accessible than ever! So why look anywhere else? Choose Exnova and start your trading journey!
Exnova is the perfect platform for trading novices as well as professionals. With an extensive range of trading instruments including binary options, CFDs, crypto and commodities, traders have access to a comprehensive suite of top-notch features that empower them to easily plan successful trades. And if you need a platform that's truly mobile-friendly, Exnova's convenient mobile application means you can trade wherever and whenever you like! Ready to make your mark in the world of online trading? Sign up with Exnova now!
Exnova is a leading online broker, offering a range of trading instruments to meet the needs of traders, regardless of their experience level. Binary options, CFDs, crypto and commodities can all be accessed with a variety of features available to assist in making informed decisions and planning trades easily. The mobile app allows users to stay connected no matter where they are and trade in real-time, further increasing its appeal for those searching for the ideal platform. So why not get started today? Sign up now and embark on your journey to trading success!
Exnova is a trustworthy and inventive online broker offering traders various trading vehicles, including binary options, CFDs, crypto and commodities. It's suitable for both novice and experienced traders, boasting an array of features to simplify the trading process. And with its user-friendly interface navigating the site is straightforward. Additionally, it provides plenty of trading tools to plan trades conveniently. Moreover, Exnova has a mobile app which makes it even more accessible - ideal for those who want to trade on the go! Overall, if you're searching for a dependable platform then Exnova should be on your radar!
Exnova is a well-established online broker that has become a preferred option among traders. This platform provides a wide range of trading instruments, including binary options, CFDs, crypto, commodities and more. Whether you are a novice or an experienced trader, Exnova has something for everyone! With its user-friendly interface and top features on offer, one can easily navigate through the various tools and carry out trades without any fuss. In addition to that, Exnova offers several trading tools to help traders plan their trades with utmost ease while keeping things uncomplicated yet effective. Plus, they also give mobile applications allowing traders to stay connected with their accounts while on the move. All in all, if you're looking for an excellent online brokerage service provider with multiple offerings and outstanding experience then look no further than Exnova!
Exnova is an esteemed online broker in the trading industry. With a wide array of instruments including cryptocurrency, CFDs, commodities and binary options, this platform has something to offer novice and professional traders alike. Its user-friendly design provides comprehensive charting tools and market analysis that make planning trades easier than ever before. Plus, Exnova's mobile trading apps allow users to trade when and where it suits them best - without compromising on their mobility or convenience. It's not hard to see why Exnova has become the go-to choice for so many traders seeking first-class services and user-friendly features all rolled into one place!
With Exnova, online trading is made simple and accessible. The comprehensive range of instruments available on this user-friendly platform caters to both beginner and experienced traders. It enables them to explore the markets with ease, enabling them to build their own strategies while monitoring developments in real time. Moreover, users of this platform have access to a mobile app that allows them to go about their business even when they are away from their computers. To sum up, Exnova is a first rate broker that provides an array of tradable assets and tools tailored towards a variety of needs and preferences - making it an ideal choice for any trader!
Exnova is an extraordinary online broker with a broad range of trading instruments for traders of every level. This platform provides an easy-to-navigate website, as well as powerful features and tools to make trading simpler. It also supplies different trading tools such as charts, indicators and analysis aids that can be highly beneficial in trade planning and execution. This broker's mobile app ensures seamless on-the-go trades allowing busy traders to stay current with their portfolio wherever they are. Simply put, Exnova is one of the best brokers in the market at present supplying superior services and features that cater to all types of traders' requirements.
Exnova is a renowned online broker that provides traders with an expansive pool of trading instruments. These options comprise binary options, CFDs, crypto and commodities to meet different investment needs. Equipped with premium features and an intuitive layout, Exnova is suitable for both expert and newbie traders hoping to start their trading journey. There are also a range of tools offered to help make trades less complicated. On top of all that, the mobile version offers users the freedom to invest on the go so they can stay up-to-date with their portfolios without any hassle. All things considered, Exnova stands out from its competitors due to its impressive capabilities which makes it a great option for experienced investors and beginners looking for reliable investing opportunities.
Exnova is a distinguished online broker, offering an extensive selection of trading instruments. From binary options and CFDs to cryptos, commodities and other assets, the platform caters to beginners and professionals with all the necessary features for convenient trading. To make navigation easier, this platform is designed with user-friendliness in mind. Furthermore, Exnova provides numerous trading tools that help traders plan their trades with accuracy. Finally, the mobile application helps users keep track of their trades while they are away from their desks. All these features make Exnova a great choice for traders who want to stay ahead of potential money-making opportunities.
Exnova is an all-in-one platform designed to meet the trading needs of both professionals and novices alike. Offering a wide selection of tools for trading, such as binary options, CFDs, crypto, commodities, etc., it definitely stands out from its rivals. Its user-friendly layout makes it easy for traders to find their way around the site and become familiar with its features quickly. This platform provides top-notch tools that enable traders to plan their transactions easily and effectively. Plus, there is also a mobile application which allows for efficient transactions on-the-go! It goes without saying that Exnova is a great choice for anyone looking for an online broker with a variety of trading instruments and advanced tools at their disposal.
Exnova is a highly trusted and acclaimed online broker that provides traders with comprehensive trading instruments to choose from. With an intuitive yet powerful platform, Exnova caters for both novice and experienced traders alike. It equips them with sophisticated features such as charting tools, market analysis reports, risk management tools, among others. The user-friendly interface ensures traders especially newbies experience no difficulties navigating the platform while making informed decisions based on real-time data. What's more, their mobile app grants traders with flexible access to the markets from any part of the world at any time. All these coupled with top-notch customer support make Exnova an ideal choice for all types of traders!
Exnova is a leading online broker that has created a distinct space in the trading industry. It offers traders a wide range of assets such as binary options, CFDs, crypto, commodities, and other financial instruments to increase their portfolio diversity. With its user-friendly design, this platform is suitable for both novice and experienced traders alike. Moreover, Exnova provides numerous tools to facilitate informed trading decisions along with a mobile application for convenient on-the-go trading. As a result, the platform stands out among its peers by providing an exceptional trading experience focused on ease-of-use and reliability.
Find out more about Exnova's trading environment, conditions, services, fees, and regulations.
One of Exnova's advantages is its low entry barrier - the minimum deposit is only $10. The minimum deal size is just $1. This is one of the cheapest starts in the market.
Exnova uses its own proprietary platform instead of MetaTrader. It's simpler and uncluttered, making it easier for less experienced traders to use.
Here's what Exnova's trading platform has to offer.
You can customize the chart layout in the upper left corner of the traderoom, so you can control multiple deals simultaneously. Users can run up to nine charts simultaneously.
Over 250 assets. Find assets for instruments like binary/digital options, Forex, stocks, ETFs, and commodities. Click on the "+" button on the upper panel of the platform to add a new asset. Several characteristics of the asset will be displayed on the platform, including its price, price change, and profitability.
You can view your full trading portfolio with your current profit, your open and pending positions, and analyze your performance in the Trading History section.
The platform provides access to market news and two types of calendars: economic and earnings.
With Exnova's platform, you can use more than 100 technical indicators in different categories. You can save your favorite multi-indicator presets, create custom indicators, and even save your favorite multi-indicator presets. Additionally, you can use widgets to measure traders' sentiment, high and low values, other people's trades, and news.
When something goes wrong, you can drop a line into the live chat box and get the problem solved without leaving the platform. Support usually replies right away.
Your profile settings allow you to manage your personal information, change your language, withdraw funds, etc.
You can specify the amount of your investment and configure the risk management settings (Stop-Loss and Take-Profit) according to the instrument. Once all the presets are made, you can click 'Buy' if you believe the price will go up, or 'Sell' if you believe the price will go down.
Margin trading means borrowing money from a broker to increase your investment amount and get higher profits - of course, only if you predict correctly.
In the upper right corner of the account settings menu, you can switch to the margin engine.
Furthermore, margin trading entails a higher level of risk along with the potential for higher profits.
The accounts
Demo and Real accounts are automatically created upon registration.
You can use the Practice (Demo) account without limitations: it's replenishable and does not expire. You do not need to verify your account to trade on Demo.
A real account grants you access to the real market and requires verification of your identity, address, and payment method.
The VIP account requires a higher initial deposit and offers exclusive features, such as increased profitability on certain assets.
Traders can deposit and withdraw via VISA/Mastercard, international payment systems such as AdvCash, Neteller, Skrill, WebMoney, Perfect Money, as well as local payment systems such as Boleto and PIX.
You can deposit in any currency - the platform will automatically convert it to your account currency.
Deposits and withdrawals are processed instantly on the broker's side, but payment system delays may occur.
In the event that the deposit method was a bank card, withdrawals must be made to the same bank card in the amount not exceeding the amount deposited within 90 calendar days of the last deposit.
The platforms
There is an Android app as well as a desktop and web version of Exnova, but there is no iOS version.
Commissions and fees
0% on deposits
There is one free withdrawal per month and a 2% commission on every subsequent withdrawal (but no more than $30).
Depending on the asset, the spread varies
0.01% - 1.7% swap
Dormant accounts that have been inactive for 90 days will be charged $10 per month.
Exnova works in what countries?
In Brazil, Colombia, Mexico, Chile, Peru, and Ecuador, Exnova operates.
Legislation
Digital Smart LLC. operates Exnova and is registered at: First Floor, First St. Vincent Bank Ltd Building, James Street, P.O. Box 1574, Kingstown VC0100, St. Vincent and the Grenadines.
Support for customers
We offer round-the-clock support via email support@exnova.com and live chat. The support is multilingual, so traders can ask their questions in their native tongue.
The bottom line
Trading CFDs on stocks, forex, commodities, crypto, ETFs, and options with Exnova is a good option.
The pros are:
A minimum deposit of $10 and a minimum investment of $1 are required
Demo account with $10,000 for free
Easy-to-use trading platform with a good look
Binary options and digital options are among the tradable assets
24/7 support in multiple languages
There are multiple deposit and withdrawal methods, including local ones
Commissions that are competitive
The cons are:
If you've worked with Metatrader before, you'll need to adapt to a new interface.
Exnova does not have an iOS app, so if you want to trade from an Apple device, Exnova is not an option
Currently, there is only one universal live account option plus a demo and a possibility to upgrade to VIP if you have a good trading history.
When you trade online, you are putting your capital at risk. You should always balance the amounts you invest with your financial capabilities and never invest more than you can afford to lose.
Using risk management tools like Stop-Loss and Take-Profit orders on each deal is strongly recommended. Although education and practice on the demo account can help you improve your performance and cut losses, no strategy and no amount of training can guarantee a positive outcome every time.
In addition, Exnova is managed by the digital smart LSE company, which is based in Saint Vincent and the Grenadines. The broker offers a demo account for users to practice trading with virtual funds before deciding to deposit real money. The demo account allows traders to familiarize themselves with the platform and test trading strategies without any financial risk.
Depositing funds into the demo account or real account is straightforward, with various payment methods available based on the user's country of residence. The platform supports deposit options like MasterCard and offers a simple process for depositing funds without any fees. Similarly, there are no fees for withdrawals on Exnova.
Traders can access additional features and resources on the platform, including market analysis from reputable sources such as Economy Times, FX Treat, NASDAQ News, and FX Empire. The economic calendar and earnings calendar provide valuable information for traders to make informed trading decisions. Tutorials are also available to help traders enhance their skills and become better traders.
In conclusion, Exnova is a binary options broker that offers a range of assets, a user-friendly platform, and various features to support traders. With its low minimum deposit, demo account option, and regulated payment methods, Exnova aims to provide a trustworthy trading experience. It is recommended by the reviewer, who plans to continue testing and evaluating the broker in future videos.
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*Risk alert: Trading and other derivatives is highly speculative and represents a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Get independent advice, if necessary.
Additional features on the platform include portfolio tracking, trading history, market analysis from reputable sources, tutorials, and trading alerts. The reviewer mentions that Exnova is a new broker based in Saint Vincent and the Grenadines, with a customer base primarily located in Latin America, South America, and Africa. Risk management tools are presented, such as the ability to set take profit and limit orders. The importance of having a trading strategy is emphasized, particularly for Forex, stocks, and cryptocurrencies. The review concludes by highlighting the straightforward deposit process for both demo and real accounts, with various payment methods available depending on the user's country. No fees are mentioned for deposits or withdrawals.
In summary, the review concludes by recommending Exnova as a binary options broker offering a wide range of assets for trading. Its user-friendly platform, low minimum deposit requirement, availability of a demo account, and regulated payment methods contribute to its appeal. The reviewer expresses their intention to continue testing and evaluating Exnova in future videos.