Exnova vs. Pocket Option – The choice is not as difficult as it seems. Are you struggling to decide which broker is best for you? Would you like a clear understanding of the unique features, pros and cons of Exnova and Pocket Option? Please don’t worry, our detailed Exnova vs. Pocket Option comparison aims to ease your doubts by providing a thorough overview and insight into the different environments of these two platforms.
Remember: it’s not a game, so don’t play with your money; pay attention to the serious and trustworthy details.
In this article, we will examine the intricate details and demystify the aspects of Exnova and Pocket Option. We will look at the advantages that each platform offers and conclude as to which broker is better.
Exnova vs. Pocket Option – Comparison of all details:
Both trading platforms offer traders remarkable features, so let us make a detailed comparison between Exnova and Pocket Option. We will look at the two brokers from different perspectives to help you choose the one that suits your needs.
You can find an overview here:
| Specification: | Exnova | Pocket Option |
|---|---|---|
| ???? Minimum deposit: | $10 | $50 |
| ???? Bonus: | No | Yes |
| ???? Instruments: | Binary options, digital options, stocks, indices, commodities, and more | Binary options, stocks, commodities, cryptocurrency, indices, etc. |
| ???? Number of assets available: | 250+ | 100+ |
| ???? Demo account: | Yes | available and unlimited |
| ???? Auto trading: | Yes | Yes |
| ???? Copy trading: | No | Yes |
| ???? Deposits and withdrawals: | Fast | Fast |
| ???? Fees and commissions: | No deposit fees, no withdrawal fees, no inactivity fees, and no trading fees. However, there are swap fees for positions held open overnight | no deposit fees, no withdrawal fees, no inactivity fees, and no trading fees |
| ???? Withdrawal fee: | First withdrawal free. Subsequent withdrawals may have fees depending on the method | All withdrawals are free |
| ???? Customer support: | 24×7 available | 24/7 support via phone, chat, and email |
(Risk warning: Your capital can be at risk)
(Risk warning: Your capital can be at risk)
#1 Minimum deposit
The minimum deposit amount is the first thing any trader would consider when choosing an online platform. According to industry standards, both Exnova and Pocket Option have low minimum deposit amounts.
Traders can use their Exnova trading accounts for as little as $10, as the minimum Exnova deposit is very low. However, the minimum deposit of Pocket Option is slightly higher. As a result, traders would need at least $50 to start trading with Pocket Option.
| Specification: | Exnova | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 10 / 10 | 9 / 10 |
| Minimum deposit: | $ 10 | $ 50 |
| Payment methods: | Credit cards, crypto, local bank transfers, electronic wallets | Credit cards, crypto, local bank transfers, electronic wallets |
#2 Bonus
Pocket Option offers good bonus terms for traders. Traders receive bonuses when they register with Pocket Option or make their deposits. A trader cannot withdraw the bonus offered by the broker. However, a trader can use this bonus to place trades.
Compared to Pocket Option, Exnova does not offer bonuses to traders.
| Specification: | Exnova | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 0 / 10 | 10 / 10 |
| Deposit bonus: | / | Up to 110% (depending on the account type) |
| Cashback bonus: | / | Up to 10% |
| Risk-free bonus: | / | Up to $ 1,000 cancel loss |
| Balance bonus: | / | Up to $ 100 |
| Percentage of turnover bonus: | / | / |
| Bonus turnover: | / | 50x of the bonus amount |
| Free lottery: | / | Yes |
#3 Instruments
When choosing an online trading platform, traders need to consider the instruments a broker offers. A broker with a wide range of instruments is always better. A trader can easily diversify his trades if he has more options.
Exnova excels in offering instruments for trading. There are over 250 underlying financial instruments that traders can trade. On the other hand, Pocket Option offers more than 100 underlying assets.
| Specification: | Exnova | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 9 / 10 | 7 / 10 |
| Return on investment: | Up to 100% | Up to 98% |
| Binary Options: | Yes | Yes |
| Forex / CFD Trading: | Yes | Yes |
| Assets: | 250+ (crypto, currencies, stocks, indices, commodities) | 100+ (crypto, currencies, stocks, indices, commodities) |
| OTC trading: | Yes | Yes |
| Trade execution: | 0,5 ms | 0,5 ms |
(Risk warning: Your capital can be at risk)
(Risk warning: Your capital can be at risk)
#4 Demo account
Exnova and Pocket Option have an easily accessible demo account. The demo account gives traders an insight into the kind of trading experience they will have on the trading platform.
Demo accounts offered by both brokers contain all tools and technical indicators. As a result, traders can build and test their trading strategies using such tools.
Both accounts are available to traders free of charge. Traders also receive $10,000 in their demo accounts with both brokers. Once these funds are exhausted, traders can always ask the brokers for a refill.
| Specification: | Exnova | Pocket Option |
|---|---|---|
| Rating (based on this comparison) | 10 / 10 | 10 / 10 |
| Virtual funds: | $10,000 | $10,000 |
#5 Auto trading
Traders can use the Exnova Bot to automate their trading experience. Pocket Option also offers traders automated trading features. It allows traders to set trading conditions that allow the bot to execute buy and sell orders.
| Specification: | Exnova | Pocket Option |
|---|---|---|
| Rating (based on this comparison) | 8 / 10 | 8 / 10 |
| Auto Trading: | Yes | Yes |
#6 Copy trading
Copy trading is an interesting and very popular feature. Any trader can learn to trade by copying an experienced trader. It is an important feature for traders who are new to trading.
Pocket Option offers the copy trading feature. Therefore, traders who want this feature in their broker must choose Pocket Option. Exnova may not offer copy trading to its traders. However, the broker does offer live chat, community live deals etc. where traders can connect with other brokers.
| Specification: | Exnova | Pocket Option |
|---|---|---|
| Rating (based on this comparison) | 0 / 10 | 10 / 10 |
| Copy Trading: | Not available | Available |
(Risk warning: Your capital can be at risk)
(Risk warning: Your capital can be at risk)
#7 Deposits, withdrawals & payment methods
Traders can easily deposit and withdraw funds at both Exnova and Pocket Option. However, the time it takes to withdraw funds can vary depending on the payment method a trader chooses. Usually, traders receive their withdrawals within 2-3 days.
Both brokers have a variety of payment methods. Examples include bank transfers, e-wallets, and debit cards and credit cards.
| Specification: | Exnova | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 7 / 10 | 8 / 10 |
| Minimum withdrawal: | / | $ 10 |
| Deposit / withdrawal fees: | 2% withdrawal fees (one withdrawal per month is free), no deposit fees | No deposit fees, no withdrawal fees |
| Payment methods: | PayPal, Banktransfer, Credit card, E-Wallets, Crypto | Banktransfer, Credit card, E-Wallets, Crypto |
| Withdrawal duration: | Maximum 2-3 business days (often after a few hours) | Maximum 2-3 business days (often after a few hours) |
#8 Fees and commissions
Traders can trade on both platforms with low Pocket Option fees / low Expert Option fees. Leverage of up to 1:1000 is available on Pocket Option. Spreads on this platform start as low as 1.3 pips. Spreads on Exnova start at 1.3 pips.
Both brokers charge traders inactivity fees. Traders who do not use their trading account for 90 consecutive days will be charged an inactivity fee of 10 Euros or equivalent.
It would not make sense for a trader to trade on a platform with high withdrawal fees. But Exnova has a low withdrawal fee. Traders get one free withdrawal per month from their Exnova trading account. The broker charges a 2% withdrawal fee for any subsequent withdrawals made by the trader.
Pocket Option, on the other hand, has no withdrawal fees.
| Specification: | Exnova | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 7 / 10 | 9 / 10 |
| Pips from: | 1.3 pips | 1.3 pips |
| Deposit fees: | No | No |
| Withdrawal fees: | 2% withdrawal fees (one withdrawal per month is free), no deposit fees | No withdrawal fees |
| Inactivity fees: | $10 per month | No inactivity fees |
| Trading fees: | From $0 | From $0 |
(Risk warning: Your capital can be at risk)
(Risk warning: Your capital can be at risk)
#9 Customer support
Exnova and Pocket Option offer 24×7 customer support to traders. It is helpful for traders who often find themselves stuck while trading on a platform.
| Specification: | Exnova | Pocket Option |
|---|---|---|
| Rating (based on this comparison): | 10 / 10 | 10 / 10 |
| Availability of support team: | 24/7 | 24/7 |
What is Exnova?
Exnova is a well-received online trading platform. The broker offers services to traders in many countries. Moreover, it offers good trading conditions, which appeal to traders to join the platform.
Although Exnova is a new broker, it has managed to deliver the best to its traders. Traders get the best range of assets on the platform. In addition, several types of underlying assets and financial instruments are available on Exnova.
There are several advantages for traders on Exnova. Let us look at how Exnova simplifies the trading process for traders.
(Risk warning: Your capital can be at risk)
Advantages of Exnova
- Exnova can offer a wide range of financial instruments. There are over 250 financial instruments you can trade.
- Traders can trade stocks, binary options, digital options, indices, etc. on Exnova.
- Exnova is available in several countries.
- The broker has a low minimum deposit of just $10. It is an ideal broker for fresh or beginner traders who want to start with a small amount.
- Exnova supports several deposit and withdrawal methods.
- The time required to open a trading account with the broker is very low.
- Execution of trading orders is fast.
- Exnova provides traders with trading support by offering several educational resources.
- Exnova has an easy to use interface. Traders can also use the platform on their preferred devices.
What is Pocket Option?
Pocket Option, on the other hand, has been a top choice for many traders for several years. Over the years, Pocket Option has established itself as a great broker. Many traders choose it for binary options trading.
However, traders can trade many other financial instruments here. These include stocks, cryptocurrencies, indices, etc.
The broker also offers traders secure trading conditions. Traders can therefore rest assured that their money is safe.
(Risk warning: Your capital can be at risk)
Advantages of Pocket Option
Here are some of the advantages that traders can enjoy when using Pocket Option.
- Pocket Option is a fully functional online trading platform.
- Features like social trading/copy trading are easily accessible to traders.
- There are many tools and technical indicators available on Pocket Option.
- The broker offers more than 100 financial instruments to traders.
- The minimum Pocket Option deposit requirement is $50.
- Deposits, Pocket Option withdrawals, and order execution are easy and quick.
- Traders have access to various educational resources. These help traders improve their trading skills and knowledge.
- With Pocket Option, traders can participate in an affiliate programme. This programme can help traders to generate passive income apart from trading.
- The broker offers bonuses to traders. Lucky traders might get a 50% bonus when they join the trading platform or deposit funds for the first time.
- Pocket Option enables mobile trading. Traders can execute and monitor their trades from their mobile devices.
Final conclusion – the Winner is Pocket Option!
After a thorough review and comparison of Exnova and Pocket Option, it is concluded that Pocket Option stands out as the better trading platform. Pocket Option has established itself over the years as a reliable and user-friendly platform, offering a variety of financial instruments and features such as copy trading, which is especially beneficial for new traders. The platform also offers bonuses to its traders, a feature not available on Exnova.
However, traders must consider their own needs, preferences, and trading goals when choosing a platform. Despite being a newer platform, Exnova offers a wide range of assets, a lower minimum deposit, and other attractive features. Make your choice wisely!
(Risk warning: Your capital can be at risk)
(Risk warning: Your capital can be at risk)
Frequently asked questions about the comparison of Exnova and Pocket Option:
What Trading Features Set Exnova Apart from Pocket Option?
When comparing Exnova to Pocket Option, Exnova stands out with its extensive range of over 250 financial instruments, a user-friendly interface and a low minimum deposit of just $10. Pocket Option, on the other hand, offers features such as social trading and a generous bonus programme, making both platforms uniquely advantageous for different trading preferences.
What is the minimum deposit for Exnova and how does it compare to Pocket Option?
Exnova offers a much lower minimum deposit of $10, making it a more accessible option for new or budget-conscious traders. In contrast, Pocket Option requires a minimum deposit of $50. This positions Exnova as the more budget-friendly option in the Exnova vs. Pocket Option comparison.
Which Platform Offers Better Trading Conditions: Exnova or Pocket Option?
When comparing Exnova to Pocket Option, it’s clear that both platforms offer robust trading conditions. Exnova offers a greater variety of assets, over 250 in total, and competitive trading conditions. Pocket Option has fewer assets, but offers unique features such as social trading and higher leverage to suit different trading strategies.
How Do Security Measures on Exnova Compare to Those on Pocket Option?
Both Exnova and Pocket Option prioritise trader safety and employ advanced security measures to provide a safe trading environment. They ensure privacy and secure transactions, making them both reliable choices in the Exnova vs Pocket Option comparison.
Which platform is cheaper in terms of minimum deposits – Exnova or Pocket Option?
Exnova is the more affordable option when it comes to minimum deposits, requiring only $10 to start trading. Pocket Option has a comparatively higher minimum deposit requirement of $50. This makes Exnova the more budget-friendly choice in the Exnova vs Pocket Option comparison.
Between Exnova and Pocket Option, which platform offers better bonuses to traders?
Pocket Option takes the lead in offering bonuses to traders, providing additional funds for trading and enhancing the overall trading experience. While Exnova does not offer bonuses, it compensates with a wide range of trading assets and a lower minimum deposit requirement, catering for traders who prioritise asset variety and affordability.
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