Exnova is a broker that provides traders with the opportunity to trade binary options, Digital and Blitz options, CFD (contract for difference) and Forex instruments on its trading platform. Broker Exnova has been operating since 2013 and provides its services to traders in many countries around the world: mainly in Asia and South America. In Europe, there are restrictions on binary options trading, so traders from some countries may face a broker's refusal to register a client's trading account.

Official website of the broker Exnova

Why you should trade with the Exnova broker (advantages of the Exnova broker)

If you are looking for an honest and functional binary options and CFD broker, then Exnova can offer you the following trading conditions:

• Good reputation of the broker – Exnova has been operating since 2013
• More than 150 million clients from all over the world have chosen Exnova as their trading broker
• Very simple and functional trading platform Quadcode
• Three types of binary options
• CFD Trading
• Forex Trading
• More than 250 assets for trading
• OTC assets
• High payouts for correct predictions on binary options - up to 95%
• Excellent technical support
• Minimum deposit – $10
• Minimum investment amount – $1
• A large number of methods for depositing and withdrawing funds (different for each region)
• Unlimited demo (training) account for training and familiarization with the trading platform

Official website of the binary options and CFD trading broker Exnova - https://exnova.com

The official website of the binary options and CFD trading broker Exnova is located at - https://exnova.com

The Exnova broker uses the Quadcode trading platform, one of the leading software for trading binary options, CFDs and Forex. The trading platform supports both a web version (trading directly from the browser) and mobile applications for iOS and Android. In addition, there is a version for Windows-based personal computers.

Clients of the Exnova broker live in different countries of the world, therefore, each region has its own payment methods: replenish your trading account and withdraw profits in a way convenient for you.

If you are a novice trader, then on the Exnova broker platform you will have access to:

• Unlimited training account – $10,000
• Training videos on working with the trading platform
• Various educational materials

The Exnova broker has been operating since 2013 - during this time tens of millions of clients have registered with the broker. You need a good reputation to work for so many years in such a field and to have such a huge audience (the population of some countries is less than the number of registered clients). Reviews about the broker are mostly positive - you can see this for yourself.

Registering a trading account with the binary options broker Exnova

Official website of the broker Exnova

Registering a trading account with the binary options and CFD trading broker Exnova is quite simple and takes no more than a minute. You need to go to the registration section, indicate your country of residence, Email and password, and also agree to the rules for using the trading platform:

An email will be sent to your email with the activation of your trading account - be sure to follow the link from the email and confirm your registration. If you incorrectly indicated your country of residence or changed your place of residence, you can change the country only after contacting the support service.

Replenishing your trading account with the Exnova broker

Immediately after registering a trading account, you will have access to a demo account (training account) with an amount of $10,000 - this account is intended to get acquainted with the trading platform and hone your trading skills, but for real trading you need to top up your trading account. To do this, you need to go to the “Deposit” page and select one of the available deposit methods in your region:

The minimum deposit amount is only $10. During the first deposit, you will be asked to select the currency of your trading account; it will not be possible to change it in the future. Usually the currency of the country in which the trader lives is offered, as well as the main world currencies – USD, EUR and GBP.

The next step is to enter the amount by which you want to replenish your trading balance, indicate the promo code (if you have one) and fill in the details of the payment method you have chosen. Then simply follow the system prompts and approve the transfer. Typically, funds are credited to the trading balance instantly; minor delays occur when replenishing using cryptocurrencies - such transfers require a certain number of confirmations, which affects the speed of the transaction.

Trading platform for binary options broker, CFD, Forex trading Exnova

Official website of the broker Exnova

Trading platform of binary options broker, CFD, Forex trading Exnova - Quadcode platform - one of the best trading platforms today. The platform is famous for its speed, simplicity and functionality. There is support for many tools for technical analysis of charts and a huge number of tools for trading.

• The central part (90% of the screen) of the Quadcode trading platform is occupied by a price chart or windows with selected assets - you can open up to 9 windows and arrange them on one screen
• To the left of the price chart is the main menu of the trading platform
• The upper left corner of the price chart is the panel for selecting an asset for trading. Here you can switch between trading instruments (assets are divided into categories)
• At the top there are windows of selected assets for quick switching. Also, here is the graph display settings icon - this is where you can select the number of windows displayed on one screen
• The lower left corner of the price chart is the price chart settings panel (chart type, timeframe, adding levels and indicators)
• To the right of the price chart there is a panel for opening trades - for each type of options or CFD it is different, since opening a trade requires different manipulations

In the asset selection window there is a division both by instrument type (for example, Option) and by asset category (Forex, crypto, commodities, stocks, indices, ETFs):

The window for quickly switching between selected assets is located above the price chart. Here you can select the display of windows on the screen - from one to 9 charts (each chart or asset can be customized to suit your needs - change the display of the price chart, add indicators, and so on):

In the settings of each price chart you can:

• Specify the display type - line chart, Japanese candlesticks, bars or Heikin-Ashi candlesticks
• Change the timeframe of candlestick charts - how long will one candle form on the chart
• Add levels and lines to the chart
• Add technical analysis indicators and fine-tune them. Save and load templates with indicator settings. Add various widgets. Create scripts for trading (for example, for opening transactions)
• Specify the size of the price data displayed on the screen - for example, so that the chart shows the history of one day

Switching between a training account (demo account) and a real account is carried out on the balance display panel:

Binary options on the Exnova broker trading platform

Binary options on the trading platform of the Exnova broker are presented in the form of three varieties (in the asset selection menu, for convenience, they are divided into categories):

• Blitz options
• Binary options
• Digital options

Blitz options at broker Exnova

Blitz options from the Exnova broker, as you might guess from the name, are very fast options that open in a few seconds. Payments for such options are usually 90% for the correct forecast. Of course, Blitz options are a high-risk instrument, but you can also make a profit on it. Minimum investment amount is $1:

Binary options at broker Exnova

Binary options at the Exnova broker are represented by classic and turbo options. This section of the broker has more assets to trade and payouts range from 80% to 85%. The profit for a correct forecast depends on the selected asset and expiration time - on turbo options (trades up to 5 minutes) the payout is higher than on classic options (trades longer than 5 minutes). The minimum investment amount is $1, and the expiration time is chosen by the trader himself.

If the trader’s forecast turns out to be correct, then profit is added to the balance, according to the percentage of return on the asset. If the client’s forecast is not correct, then the broker takes away the investment amount.

Digital options at broker Exnova

Digital options on the trading platform of the Exnova broker are options with increased profitability and the ability to independently choose the level of opening a transaction, thereby putting yourself in a less advantageous position, but if the forecast comes true, then the payout will be greater than on regular Binary options.

The trader selects the asset to trade and the expiration time. The minimum investment amount is $1. The next step is to select the price level for opening the transaction. If you select levels higher than the current price, then such a transaction will “open” from the specified level, but for it to be successfully closed, the price at the time of expiration must be higher than the selected level. Simply put, the trader needs to indicate the level above which the price will be at the moment of closing (the possibility of opening a transaction in the opposite direction is blocked or a very small payout percentage is offered, since the price is initially in the profitable zone) - this results in an increased payout:

For the “Down” trade, the conditions are exactly the same - the less time before the option closes and the further the level chosen by the trader, the higher the percentage for the correct forecast will be:

By the way, no one prohibits opening transactions from the current price - in this case, the payout percentage on Digital options is higher than on Binary options under equal conditions and assets.

CFD and Forex trading on the Exnova broker platform

CFD and Forex trading on the Exnova broker platform is enabled by selecting any asset that is not binary options: Forex, crypto, commodities, stocks, indices, ETFs. The difference between the assets (except for fundamental factors, of course) is that trading is provided with different trading leverage and different levels of Spread - for example, on Forex assets you will have access to a leverage of 1:500 and a minimum Spread, and on the Bitcoin (Crypto) asset - leverage 1:3 and Spread more than 100 points.

Trading CFD and Forex instruments is carried out in the following way:

1. The trader selects an asset to trade
2. In the “Quantity” window, the number of lots that the trader wants to purchase in this transaction is indicated - this will affect the cost of a price change of one point and the Margin amount (the amount that will be blocked on your balance until the end of the transaction)
3. The trader specifies the TP value - Take Profit - the price level or amount, upon reaching which the transaction will automatically close in positive territory, the Margin amount and profit will be credited to the balance
4. The trader specifies the value SL - Stop Loss - the price level or amount, upon reaching which the transaction will automatically close at a loss, the Margin amount, minus the amount of loss, will be credited to the balance
5. If the trader believes that the price will move up in the near future, then an upward trade is opened. If the Client thinks that the price will fall, a downward trade is opened
6. The transaction is not limited in time and is closed either by the trader himself (at any time), or upon reaching TP (the deal is in the black) or SL (the deal is fixed as unprofitable)

A price movement in the direction of your forecast will bring profit or loss equal to the value of each point (if the price of a point is $10, then with each point passed in your direction, the balance will increase by $10. If the price moves against your forecast - with each point will be debited at $10).

Stop Loss is a limiter on your balance against a major loss. Since any price change brings you profit or takes away funds from you, there is a possibility that if the price changes very sharply, your balance may completely run out, and the transaction will be closed for lack of funds to continue trading.

Take Profit is a means of limiting profits or a means of fixing profits. The price moves in waves, so taking profits before the reversal begins is very important in profitable trading. The risk-to-reward ratio should be at least 1:3 - for example, if your Stop Loss is set to a maximum loss of $10, then Take Profit should be set so that the minimum possible profit is at least $30.

After opening a deal, SL and TP can be mixed in any direction, which allows you to set SL in the profitable zone (of course, if the price has moved far towards your forecast), thereby guaranteeing to close the deal in profit - either at SL (minimum profit), or by TP (maximum profit). If the price movement does not tend to end, then you can constantly shift SL and TP towards the trend, thereby receiving maximum profit at the moment of closing.

Spread – the difference between the purchase price and the sale price. The higher this value, the worse it is for the trader, since when opening a trade the price ends up in the Spread zone and to start making a profit, the price must leave this zone towards the forecast. Roughly speaking, Spread creates additional, but not very significant difficulties.

Leverage affects the “speed” of earning or losing funds (depending on where the price goes relative to your forecast). The greater the leverage, the less funds you need to open trades and the greater the potential profit.

Training from the broker of binary options, CFD and Forex trading Exnova

As educational material, the Exnova broker provides video lessons on how to use the trading platform, use various strategies (lessons on technical analysis of charts), as well as educational materials on fundamental analysis and trading tools:

Withdrawal of funds from the broker of binary options, CFD and Forex trading Exnova

To apply for withdrawal of funds from the Exnova broker, you need to go to the “Withdrawal Funds” page, where you will be asked to choose one of the many withdrawal methods available in your region:

Withdrawal requests are processed within 3 business days. Typically, payments are received within a few hours after submitting the application.

Official website of the broker Exnova