Exnova Binary Options Platform in India

We’re here for Indian traders who want quick, simple access to binary options, digital options, and short-term trading. Everything sits in your browser. No need to download anything. You’ll find all the familiar assets - rupee accounts, major currencies, commodities, stocks, and crypto too, just a few clicks away.

The platform operates under an offshore corporate structure registered in undisclosed jurisdictions. Payment processing is handled through international payment channels, including UPI, cards, bank transfers, and cryptocurrency. While corporate registrations exist in certain jurisdictions, although the specific offshore jurisdictions are not disclosed and this does not constitute financial service licensing from major regulatory authorities.

Account Registration

You’ll be up and running within a few minutes. Only a few personal details and an email address are needed - no documents required initially. Just head to our site. Registration sits at the upper right. Enter your email, enter a password, select your account currency (INR is available), click the verification link received in your inbox - the dashboard will be accessible immediately after verification.

You’ll see two account types. The Demo account is always available, with virtual funds in test mode for trial runs (reset as frequently as desired). The real account activates after the first deposit, subject to the platform’s onboarding policies.

In your profile settings, you’ll manage contacts, basic info, and set preferences. Document submission occurs at a later stage - we’ll need to see some paperwork only when you cash out for the first time.

Trading Instruments

Traders can access more than 750 financial instruments, including currency pairs, metals, stocks, and cryptocurrencies. Take your pick from classic pairs, metals, major company shares and coins. Here’s a closer look:

Binary options are the core product offered by the platform. Pick an asset, choose expiration, and guess where the price will swing. If your forecast is accurate, you receive a fixed payout of up to 95%. If the forecast is incorrect, the position closes with a full loss of the traded amount.

Digital options offer higher potential returns but involve extra risk due to longer terms and varying strike prices.

Blitz options feature rapid execution with trades settling within seconds. More action, less time for number crunching.

Trailing options keep your trade open as long as the price remains within a chosen price band, with rewards increasing on each tick inside the range and the trade closing once price moves beyond the boundary.

Platform Interface

Everything works straight from your browser, whether on a laptop or mobile device, and adjusts to fit the screen you’re using.

Open the main dashboard and you’ll find a live list of assets with prices, charts (customize how you like: nine views, tons of indicators and drawing tools), and a trading panel to make your moves. Current trades and timers are shown just below your balance.

Switch between binary, digital, blitz, or trailing as needed. Set the expiry and your trade amount, then decide up or down.

You’ll see your profit or loss changing in real time on open positions. Note: binary and digital don’t let you close out early; only trailing options can be exited manually before expiry.

Deposits for Indian Users

Deposits are set up specifically for India - quick and flexible. Start with as little as ₹850.

Click deposit at the top right, pick your method, enter the INR amount, follow the steps in the payment portal, and then check your updated balance on your dashboard.

All deposit channels are fee-free on our end. Keep in mind, though, your provider might have their own charges. For crypto, generate a wallet address from within the platform.

If your deposit doesn’t go through, drop support a line with the transaction number.

Withdrawals and Fund Access

Withdrawals are requested through your account menu once you meet the platform’s position requirements. We process your first withdrawal every calendar month for free; after that, a 2% commission applies.

Minimum withdrawal sizes: INR ₹170 USD $2 EUR €15 GBP £13

Head to the menu, select withdrawal, choose the same method as you deposited if possible, fill in amount and payment details (bank, UPI or wallet), submit - confirmations come by email.

Processing stretches from 1 to 3 business days, with banks usually taking the long route. We’ll ask for ID and proof of address the first time you pull funds out. Documents usually clear within a couple days.

Rejected withdrawals happen for missing documents, unmatched account info or low activity. We share the reason in the email if it gets bounced.

Verification Documents

Verification, called KYC, kicks in during your first withdrawal. Here’s what’s needed:

• ID with a photo (Aadhaar, passport, driver’s license)
• Proof of address (utility bill, bank statement or rent agreement - from last 90 days)
• Pay method document (screenshot or statement)

Upload via your account’s verification page. Supported formats are JPEG, PNG, PDF - up to 5MB per file. Please make sure the text is easy to read.

Reviews usually take a day or two. If there’s a problem, resubmission is fine.

Mobile Application

For those who trade on the go, our Android app is on Play Store, though availability for Indian users may vary due to local regulatory considerations. Apple users still need to use the mobile browser for now, and there is no full iOS version yet.

To get the app, search its official name, matching our company as publisher. Download, open, and sign in.

The app gives you nearly every function the web version does, with a few mobile-specific touches: one-tap trades, push notifications, fingerprint logins, and charts you can check offline if loaded in advance.

Bonuses and Promotions

From time to time, the platform offers special incentives. Your bonus depends on where you’re from and how you use the platform.

For newcomers, a risk-free first trade is available - up to ₹850. Lose your first trade, and we’ll credit it back. Activate this from the promo banner before trading.

Sometimes, we match part of your deposit as a bonus, but you’ll need to trade a certain total before you can withdraw anything earned from these funds.

Example: Deposit: ₹8,500 Bonus: 100% = ₹8,500 Required volume: ₹8,50,000 in trade value

Promo codes are entered during deposit. If the code’s no good or outdated - error message on the spot.

Promos have their own terms: expiry dates, max withdrawals, and allowed products. Check those details under the promotions tab, so you know what to expect.

Regulatory Status

The platform states that it does not operate under a license from the Reserve Bank of India or other top-tier financial authorities. Corporate structures are registered offshore, though the specific jurisdictions are not disclosed and this does not constitute financial service licensing.

Indian residents using this platform are not participating in RBI-authorized forex or options activity; however, the platform itself may not comply with Indian laws prohibiting binary options for residents. The platform name is not shown on that list. It is also worth noting that in India, online binary options are prohibited by the Reserve Bank of India (RBI), and Indian residents are not legally allowed to trade them via foreign platforms. All users must be aware of, and responsible for, following any local rules that apply. The final word on regulation here is clear: you trade at your own risk, and compliance with local law is your responsibility.

Risk Factors

Binary options come with significant risk - you stake a fixed amount and either make a fixed profit or lose everything in that position. There’s no halfway win if the price moves only a little. For break-even, you should win just above half your attempts. Quick tip: Before making your first trade, consider reviewing the platform’s educational resources and community sections. Responsible risk management is important for all users.

Position size makes a difference. Betting large percentages of your account puts your capital at obvious risk during losing streaks. Trade size can start as low as ₹85, but how you use it is totally up to you.

Digital options leverage wins and losses equally. That potential for higher payouts means your total loss is just as likely, with even tiny market shifts.

Our low deposit minimum looks safe, though it might hide how quickly repeated losses can add up, especially if you recharge your balance in small steps.

Account Security

We pay close attention to security. New users set complex passwords - longer, varied, not just common patterns. Two-factor authentication is optional and can be switched on from your security tab.

Additional protections are in place: automatic timeouts, alerts when your account’s used on a new device, IP tracking you can see, and the ability to sign out everywhere with one click.

Enable two-factor with your favorite app or via SMS if your number’s been verified. Anyone trying to reset their password goes through email confirmation - and only through support with extra ID checks if email is lost.

Should you suspect anything odd in your account, hit support immediately. We’ll freeze access if necessary and dig into any unusual activity you report.