Exnova

Exnova Review: Is Exnova Broker Good?

Broker overview and general information

Exnova is a new broker that offers an online trading platform. It was established in 2021 under the name Digital Smart LLC and has its main office in Charlestown, Nevis. It also has a subsidiary in Limassol, Cyprus which handles deposits and withdrawals. The broker offers trading in over 250 assets including stocks, currencies, commodities and possibly cryptocurrencies. Support is available 24/7.

Licenses that brokers have obtained

If you ask whether Exnova is good or not, you have to start by considering the license factor first. From checking the information from the website, there is no clear information about the license received and the supervision of the broker.

Products and services from brokers

Trading products

The broker offers more than 250 assets, including stocks, Forex, cryptocurrencies and commodities, but the broker provides relatively little detailed information on its website, so investors should do more research on the trading products before investing.

Trading Platform

The broker's website does not provide clear details about the trading platform.

Exnova Broker Account Types

The broker offers two main account types to choose from: Demo and Live.

Real Account

• Spread: Starting at 1.0 pips

• No Commissions

• Swap: 0.01-1.7%

• Minimum deposit: $10

Deposit and Withdrawal Review

The broker supports deposits and withdrawals via multiple channels such as Mastercard, PicPay, advcash, and there are no fees charged for deposits. However, the website does not specify the processing time and fees for withdrawals, so traders should consider this further or contact the broker for more information.

Pros and cons of Exnova 

Pros :

• Low minimum deposit

• Support multiple languages

Cons :

• There is no information about being regulated by a reliable authority.

• It is a new broker that is not very well-known yet.

• No account types available to select

• Few contact channels

• The website is missing several important pieces of information.

• Some users have reported that they are unable to withdraw funds from the broker.

Office location and contact channels

Exnova customer service is available via email: [email protected] 

Broker Overview Summary  Exnova 

Exnova is a relatively new broker with easy access and a wide range of financial products. However, it lacks the certification of a reliable regulatory body, which can be a major consideration for investors who want to be assured of the safety and transparency of their investments. In addition, there is very little detailed information provided on the website. In addition, users have reported that they were unable to withdraw their funds from the broker. Investors should therefore do their research and consider carefully before investing with this broker.

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Exnova Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide which broker suits your needs.