Exnova UAE Review – A Legitimate Broker that Offers Unique Features

Exnova Review UAE

Exnova is an online broker that provides traders with a wide selection of trading instruments. On this platform, traders can access over 250 assets such as Forex, CFDs, digital options, binary commodities, indices, and binary options. This trading platform is suitable for both beginner and experienced traders. It offers all the necessary features to make trading easier. Exnova trading platform is renowned for its user-friendliness. It offers traders various trading tools to aid in their trading plans. Additionally, it provides a mobile trading app, making it the ideal choice for traders who prefer to trade while on the go. We will learn more about the platform in this complete Exnova UAE review.

Exnova Trading Platform provides users in the UAE with an easy and convenient way to trade on the financial markets. It is one of the most reliable and secure online trading platforms available in the Middle East. Offering users access to a wide range of international markets and a variety of trading options. The platform features advanced technological security protocols, multiple payment options, and a user-friendly interface. The platform also offers a range of educational materials and customer support to help users get the most out of their trading experience. All in all, Exnova UAE is a great choice for those looking for online trading in the UAE.

READ: Binary Options Trading in the UAE

How to Trade with Exnova UAE

To trade with the Exnova binary options broker in UAE, you need to follow a few steps. First, create an account on the Exnova platform. Once your account is ready, you can start adding money to it. You can do this using different methods like credit cards, wire transfers, or e-wallets. After your account has money in it, you can begin trading. You pick the thing you want to trade, decide when the option should expire, and choose how much money you want to put in. After you’ve guessed which way the price will go, you can start the trade. Remember, trading binary options can be risky. Make sure you understand what you’re doing and have ways to manage the risk before you start trading.

Exnova’s Tradeable Assets

Exnova leads in offering over 250 assets to traders. Some of the top assets traders can explore on Exnova include the following.

• Forex – Traders can access and trade as many as 31 foreign currencies on Exnova. Traders can trade these foreign currencies with CFDs and binary options.
• Commodities – Some top commodities on the trading platform include gold, silver, and oil. Traders can also find natural gas and crude oil for trading on Exnova.
• Indices – Traders can trade the leading indices such as S&P 500, NASDAQ, etc.
• Binary options – Exnova is one of those brokers that permit binary options trading for traders. Traders can choose the best pairs for trading binary options and enjoy a good payout.
• Cryptocurrencies – With the onset and growing popularity of crypto trading, Exnova offers top cryptocurrencies like Bitcoin, etc. Traders can pick and trade a wide range of cryptocurrencies on Exnova.
• Digital options – Besides binary options, traders can also trade digital options on Exnova.

Account Types

By signing up for a trading account, traders can trade the assets offered by Exnova. Exnova offers two different types of trading accounts for traders to choose from.

Demo Account – Exnova provides traders with the opportunity to test the broker’s services with a demo or practice trading account. This is especially helpful for traders who are new to the world of trading. They can use virtual funds of up to $10,000 to practice their trading skills. When these funds are exhausted, traders can request additional funds to continue their practice. The demo account offered by Exnova offers a similar experience to its real account.

Live Account – Traders can open an Exnova real account to access all the leading assets on the online trading platform. With this account, they can use their funds to trade and benefit from all the trading tools and technical indicators for technical analysis. Just like any real trading account, traders can make a profit when they trade on this account and reap the rewards of their investments.

Exnova Trading Platform Review

Web Trading Platform

The Exnova trading platform is one of the more extraordinary players in the online trading industry. With an intuitive app and a host of features, the app aims to lure new and seasoned options traders. In this Exnova review, we are going to cover the traits that define the Exnova platform, the trustworthiness of the tool, and the tool’s full functionality, and we are also going to check the user experience.

Exnova Trading Tools: The most important feature of Exnova trading is its tools for trading efficiently, such as advanced charting features, real-time market data, and a range of technical indicators. They empower users to customize their trading experience according to individual needs, offering an added control layer for informed decision-making.

User Experience and Interface: The Exnova platform is known for its intuitive design. The UI is minimalist and simple to use and is essential for traders who need to react quickly. Moreover, the platform is mobile, allowing users to trade anywhere and anytime without losing functionality.

Mobile Application

Exnova has created a mobile application to make trading more convenient for traders. This app allows users on both Android and iOS devices to trade in the same manner as they would on the web trading platform. The mobile app has the same capabilities and functions as the web-based platform. Traders can access over 250 trading instruments and real-time price quotes on the app. It is also much simpler to keep track of their trading accounts, as they can view all trading history on the app at any time.

Trading Tools

Thanks to the trading tools provided by Exnova, traders can anticipate an enjoyable trading experience.

• Technical indicators – Traders have access to multiple technical indicators, such as RSI and MACD, for technical analysis. These tools are important for traders to make informed trading decisions. Exnova allows them to view these indicators on trading charts and conduct deeper research.
• Drawing tools – Drawing tools such as trend lines can be used by traders on their charts to mark and monitor significant points.
• Trading signals – Exnova provides trading signals that enable traders to monitor and capitalize on favorable trading conditions. These signals provide traders with more informed trading decisions, allowing them to reap greater rewards.
• Charting – Conduct technical analysis of any asset by opening multiple, highly customizable charts simultaneously. Traders can easily open and close deals with the help of these charts.
• Economic Calendars – The broker offers economic calendars to traders so that they can stay informed about important economic events and happenings that could influence their trading decisions.

Exnova Deposit Options in the UAE

• Credit and debit cards: Exnova accepts Visa and Mastercard for deposits. This is one of the most convenient methods as it allows instant transactions. However, it’s important to note that your bank may charge you a small fee for these transactions, so it’s a good idea to check with them first.
• e-Wallets: If you prefer a digital method, it also accepts deposits from e-Wallets such as Volet.com and Perfect Money. These platforms are easy to use and offer a secure way to transfer money. You simply need to create an account with these e-wallets, fund it, and then use it to deposit into your Exnova account.
• Cryptocurrencies: As a modern brokerage, it also accepts deposits in the form of cryptocurrencies. This is a great option for those who prefer to invest and transact in digital currencies. However, it’s important to note that the value of cryptocurrencies can fluctuate significantly, which could affect the amount you have to invest.
• Local online banking method: If you prefer to keep things simple, Exnova also allows you to deposit via your local online banking method. This means you can transfer funds directly from your bank account to your Exnova account. This method is typically straightforward, and secure, and doesn’t require you to have an account with a third-party payment provider.

The Exnova minimum deposit amount depends on the method used. It’s important to choose a deposit method that suits your needs and circumstances, considering any potential fees, convenience, and security.

Inactivity Fees

Traders who use their trading accounts for less than 90 days will be charged 10 Euros each month. Or its equivalent in other currencies.

Exnova Withdrawal Options in the UAE

Exnova is a trading platform that offers a wide range of withdrawal options to its users, particularly in the UAE. They understand that every investor has a unique set of preferences when it comes to withdrawing their funds. Hence, they offer multiple channels for withdrawal to meet client needs.

• Credit and Debit Cards: Exnova allows its users to withdraw their funds directly to their credit or debit cards. This includes major card providers like Visa and Mastercard. It is a popular option due to its convenience.
• e-Wallets: For those who prefer digital wallets, Exnova has partnered with Volet.com and Perfect Money. These e-wallets provide a secure and fast way for users to receive their funds. This option is particularly useful for users who do transactions on multiple platforms and prefer to keep their money in a digital form.
• Cryptocurrencies: Recognizing the rise of digital currency, Exnova also allows users to withdraw their funds in the form of cryptocurrencies. This option is not just for crypto traders but also for those who wish to diversify their portfolio or believe in the future of digital currency.
• Local Online Banking Method: For users who prefer to transact with their local banks, the broker has made provisions for this as well. Users can withdraw their funds directly into their local bank accounts. This method is straightforward and ideal for those who want their funds in their bank account.

The Exnova minimum withdrawal amount varies on the withdrawal method chosen. Overall, Exnova offers a wide range of withdrawal options, emphasizing flexibility and convenience for its users. Whether you prefer traditional banking methods or more modern, digital methods, Exnova has the perfect solution for you.

Education Resources

• Trading guides – If you are a beginner trader, Exnova has plenty of educational guides to help you get started.
• Webinars – Traders have the opportunity to learn from the best in the industry by attending webinars. These webinars provide traders with valuable insights into market analysis and trading strategies. Allowing them to plan their trading journey more effectively.

Customer Support

Exnova provides their traders with 24/7 customer support, meaning they can seek help from the broker at any time they experience an issue while trading online. This customer support can be accessed via live chat or email. Exnova customer support is very robust and can be contacted via live chat, email, and phone. Additionally, the platform provides educational materials, including webinars, tutorials, and articles, to help users improve their trading skills. Support infrastructure of Exnova is an epitome of customer satisfaction.

Community and Live Chats – Traders can leverage the trading community of Exnova by participating in the community chat feature. This feature allows traders to connect with each other and gain insights into trading strategies. Giving them the opportunity to elevate their expertise. By joining the live chats, traders can gain advice and learn from the trading experience of other users.

Is the Exnova trading platform legal in UAE?

Exnova is a legitimate online trading platform in the UAE, offering various services to investors across the region. It is legal to trade with the Exnova platform in UAE, which provides the best technology, tools, and services to its customers. Exnova also offers various educational resources to help traders understand the investment options. The platform provides a secure and reliable trading environment: a world-class customer service and an intuitive user interface. Furthermore, Exnova is committed to providing traders with a secure and transparent trading experience.

Is Exnova halal in UAE?

Exnova is a Halal trading platform for the people of the United Arab Emirates. This is because it does not charge interest or swap for trades.

Riba is the Islamic term for usury or exploitative interest and is prohibited in Islam. Similarly, a “swap” is a practice in forex trading that permits the trader to keep his position overnight. Depending on the type of trade and the differential between the interest rates of the two currencies involved, they may be paid or charged interest for this time period. This shall be counted as a kind of interest, which is also prohibited in Shariah.

So Exnova’s trading mechanism does not include these financial practices which means that it is Sharia compliant and hence, halal in the UAE. It gives UAE Muslims the opportunity to participate in trading activity without their religious values being violated.

Exnova is a halal company, hence a just and noble company. There are zero extra charges and fees which are exploitive to traders. It also adds respectability to the platform that attracts all the traders and not just Islamic law followers.

Exnova UAE Review | Conclusion

In conclusion, the Exnova Online Trading Platform in UAE is a great platform for traders who want to access global markets and make the most of their investments. It offers a range of features and services, including transparent pricing, advanced order execution, real-time market data, and more. Investors can also benefit from the security and convenience of the platform. As well as its secure and reliable trading environment. With these advantages, Exnova Online Trading Platform in UAE is an excellent option for traders who want to make the most of their investments.

Exnova is a reliable and user-friendly trading platform. With its cutting-edge features, strong security, and great customer support, it can fit the bill. So, for those wondering, Is the Exnova trading platform real? This review confirms Exnova’s credibility and effectiveness in the oversaturated online trading market.