Short answer
Binomo is ahead on our score, 3.7/5 against 3.5/5 for Exnova.
Binomo fits: Beginners who enjoy contests and small stakes
Skip Binomo if: You want trades longer than an hour or a regulator behind the platform
Exnova fits: A full-featured platform on a small budget
Skip Exnova if: You need a licensed firm or an outside complaints route
Score by score
Binomo 3.7/5
- Platform and apps4.2
- Costs and minimums4.3
- Payment options4.4
- Support4.0
- Licensing and openness2.3
Exnova 3.5/5
- Platform and apps4.2
- Costs and minimums4.0
- Payment options3.8
- Support3.6
- Licensing and openness2.0
How the two sites look
Binomo and Exnova in brief
Binomo (2014). Binomo has offered short fixed-time trades since 2014, aimed at beginners in Asia, Africa and Latin America, with a game-like screen and frequent contests.
Exnova (2021). Exnova appeared in 2021 with fixed-time options, digital options and leveraged CFDs on one platform, and an interface close to the market leaders.
Licence and safetyBetter here: Binomo
Neither Binomo nor Exnova is authorised by a leading regulator or by any regulator in Asia. Both run through offshore companies, so there is no compensation fund and no local authority to complain to.
Official warnings and alert-list entries we found: Binomo 1, Exnova 0.
| What we compare | Binomo | Exnova |
|---|---|---|
| Licence | No government regulator. Dolphin Corp LLC in St Vincent and the Grenadines runs it; it is a Financial Commission member. | No. Digital Smart LLC in St Vincent and the Grenadines runs it; the Cyprus company only processes payments. |
| Official warnings we found | RBI | – |
| Dispute body | Member of The Financial Commission (private dispute body) | No outside dispute body |
On licensing and openness Binomo scores higher (2.3 vs 2.0).
Entry cost and chargesBetter here: Binomo
Both ask for the same first deposit: $10. The smallest trade is $1 on Binomo and $1 on Exnova.
| What we compare | Binomo | Exnova |
|---|---|---|
| Lowest deposit | $10 | $10 |
| Lowest trade | $1 | $1 |
| Charges | No pay-in or pay-out fee listed; bonuses carry volume rules | One free withdrawal a month, then 2% (USD 30 cap); dormant fee |
| Pay-out charges | None listed | First withdrawal each month free, then 2% (max. USD 30) |
| Dormant account fee | Check the current terms | After 90 days without activity |
| Bonus | Deposit bonuses with volume rules | No standard deposit bonus; low-entry contests |
Payouts and the win rate you needLevel
Both advertise the same top payout (90%), so the break-even win rate is identical: 52.6%.
| What we compare | Binomo | Exnova |
|---|---|---|
| Top payout | 90% | 90% |
| Win rate to break even | 52.6% | 52.6% |
| Note | 90% is the advertised top on selected assets | Up to about 90% on fixed-time; varies by asset and time |
Top payouts apply to a few assets at the busiest hours. Look at the payout on the trade ticket before you open a trade; it is often lower.
Platform and phone appsLevel
Binomo. A fast browser platform: chart, stake, timer and an up or down button, with contests and achievements alongside.
Exnova. In-house web platform plus a desktop app, with multiple charts, indicators and drawing tools; one of the most complete here and light on older computers.
| What we compare | Binomo | Exnova |
|---|---|---|
| Platform | Browser, Android, iPhone | Browser, Desktop app, Android, iPhone |
| Android | Yes | Yes |
| iPhone | Yes | Yes |
| Extras | Account levels, Contests, Easy layout | Small minimum, In-house platform, Strong charts, Desktop app, Contests |
Instruments and trade durations
| What we compare | Binomo | Exnova |
|---|---|---|
| Instruments | – | 250+ |
| Markets | Currencies, Crypto, Commodities, Shares, Indices | Currencies, Crypto, Commodities, Shares, Indices, ETFs |
| Trade durations | 1 minute – 1 hour | 1 minute – 1 hour (fixed-time); free choice on digitals |
Paying in and cashing outBetter here: Binomo
Binomo. USD 10 minimum; speed depends on your level, with VIP first.
Exnova. Full verification required; usually 1–3 working days. User reviews repeatedly mention delayed or blocked withdrawals, so start small and test a withdrawal.
| What we compare | Binomo | Exnova |
|---|---|---|
| Pay-in methods | Cards, E-wallets, Crypto, Local payment methods | Cards, E-wallets, Crypto, Local payment methods |
| Pay-out methods | Cards, E-wallets, Crypto, Local payment methods | Cards, E-wallets, Crypto, Local payment methods |
| Smallest withdrawal | $10 | $10 |
| Pay-out speed | Faster on Gold and VIP | 1–3 working days per the platform; complaints of delays |
Practice accountLevel
Both have a free practice account, so you can try the two platforms with virtual money before depositing.
| What we compare | Binomo | Exnova |
|---|---|---|
| Practice balance | Yes | $10,000 |
| Try without signing up | – | – |
SupportBetter here: Binomo
| What we compare | Binomo | Exnova |
|---|---|---|
| How to reach support | Live chat, Email, Help pages | Live chat, Email, Help pages |
| Support | 4.0/5 | 3.6/5 |
Which markets they acceptLevel
Binomo accepts residents of 18 of the markets we cover, Exnova of 18.
Strengths and weak points
Binomo
- +USD 10 deposits and USD 1 trades
- +Easy screen with daily contests
- +Many local payment methods in Asia
- +Category A member of The Financial Commission
- −No public regulator; company in St Vincent and the Grenadines
- −On the Reserve Bank of India's Alert List
- −Trades last at most one hour
- −Better payouts and faster pay-outs only on Gold and VIP
Exnova
- +USD 10 deposits and trades from USD 1
- +Polished platform on web, desktop, Android and iPhone
- +Free USD 10,000 demo
- +Over 250 instruments including shares and ETFs
- −No public regulator licence
- −Short history: launched in 2021
- −Frequent complaints of delayed or blocked withdrawals
- −Fee after the first free withdrawal each month
So, Binomo or Exnova?
Binomo is better in 4 of 7 categories here. Binomo is ahead on our score, 3.7/5 against 3.5/5 for Exnova.
Whichever you pick, practise on the demo first, keep the first deposit small and withdraw part of it before adding more. Binary options are high-risk and most retail accounts lose money.
Quick answers
Binomo or Exnova: which is better?
Binomo is ahead on our score (3.7/5 vs 3.5/5). Binomo fits: Beginners who enjoy contests and small stakes. Exnova fits: A full-featured platform on a small budget.
Which needs a smaller deposit, Binomo or Exnova?
Both ask for the same first deposit: $10.
Which pays more, Binomo or Exnova?
Both advertise the same top payout (90%), so the break-even win rate is identical: 52.6%.
Does any regulator supervise Binomo or Exnova?
No leading regulator and no Asian regulator licenses either of them. Both work through offshore companies, so your money has little protection.
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Binomo review →Exnova review →Is Binomo legit? →Is Exnova legit? →
