Global Broker Regulation Inquiry App

About WikiFX

Broker Search

English

简体中文

繁體中文

English

Pусский

日本語

ภาษาไทย

Tiếng Việt

Bahasa Indonesia

Español

हिन्दी

Filippiiniläinen

Français

Deutsch

Português

Türkçe

한국어

العربية

اردو

Download

Exnova

Regulatory Status

Not Regulated

Regulation & License

No Regulatory Information

Regulatory Information: No valid regulatory information found. Proceed with caution.

Score

1.75 /10

Regulation

2.69

Tech

4.53

Reputation

4.90

Business

7.00

Risk Control

1.97

How is the TrustScore calculated?

Exnova Comprehensive Review

Exnova exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 1.45, a clear status of Not Regulated and no forex trading license found, and 2-5 years of operating history from its registration in Saint Kitts and Nevis. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-22)

What is Exnova's regulatory status, and how does this impact trader protection?
Exnova, operated by Digital Smart LLC, is a broker that is not currently regulated for forex trading. The firm is registered in Saint Kitts and Nevis, a jurisdiction not known for robust, proactive financial supervision of retail forex brokers. No specific forex trading license or overseeing regulatory authority has been identified for this entity. Traders should independently verify any licensing claims directly with the relevant regulator's official register before considering an account.
How safe is Exnova across each safety dimension?
Exnova carries a composite score of 1.45, with a regulatory rating of 0.0, risk control rating of 0.0, software rating of 4.0, business rating of 6.55, and license rating of 0.0 — reflecting a strong software and business foundation but no regulatory safeguards. This low aggregated rating stems primarily from a lack of regulatory oversight and licensing. The ratings for software stability and operational history are moderate. Users should weigh the critical lack of formal regulation against other operational features based on their personal risk tolerance.
What highlights define the Exnova trading platform?
Exnova is a platform operating for 2-5 years from Saint Kitts and Nevis, with several operational aspects requiring prospective traders to verify details directly. The years of operation provide some background on the firm's presence. The official minimum deposit to begin trading is not currently disclosed; contacting the broker for specific account opening requirements is necessary. The range of supported trading software is also not explicitly listed, so confirming platform compatibility is a key step. Finally, the number of available financial instruments is not disclosed publicly, suggesting traders should review the broker's website for the full scope of tradeable products.
What does Exnova's trading environment offer traders?
Exnova's specific execution speed, server infrastructure, and trading environment grade are not currently disclosed; it operates on the MetaTrader 4 platform. The lack of publicly available metrics on order execution latency and server deployment makes an independent technical assessment challenging. As an internal score reflecting overall execution conditions, the trading environment grade is also not listed. Traders can access markets exclusively via the widely-used MetaTrader 4 software suite.
What can you trade with the Exnova broker?
The Exnova broker offers forex pairs, CFDs, and stock CFDs. Specific product details and the total instrument count are not currently publicly disclosed. The broker's official site should be consulted for a complete and current product list. Readers are advised to match the available coverage against their own specific trading strategies and goals.

Exnova Regulation & License

No Regulatory Information

Note: The above regulatory information is sourced from the official Exnova website.

Basic Information

Registered Region
Saint Kitts and Nevis
Operating Period
2-5 years
Company Name
Digital Smart LLC

Customer Service Email Address
support@exnova.com
Contact Number
--
Company Website
https://exnova.com/en

Related Brokers

Charles Schwab

Not Regulated

1.73 /10

Charles Schwab is currently not regulated by any major financial authority, rendering its overall safety profile significantly weaker than supervised brokers; traders should maintain high risk vigilance.

Vorex

Not Regulated

2.02 /10

Vorex is an unregulated broker operating without formal oversight, exhibiting significant risks and a weak safety profile, requiring high risk vigilance from investors.

Cap House

Not Regulated

1.82 /10

Cap House is a high-risk, unregulated entity based in China, lacking any credible financial oversight, and traders are advised to maintain extreme vigilance.

WORLD QUEST

Regulated

5.15 /10

Some online brokers disclose basic operating information, but weak regulatory support or a low overall score may still warrant caution. Based on the information currently disclosed, WORLD QUEST presents a higher level of risk. Its highest regulator grade is AAA, and its WikiFX score is 5.15. Together with the available regulatory, field-survey, and exposure information, these results identify issues that should be checked carefully. Positive reviews cannot offset limited regulatory support, a low score, or negative exposure records. Before opening an account or depositing funds, users should review its licenses, WikiFX score, exposure records, and trading conditions. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-10-19)

XENA EXCHANGE

Not Regulated

2.01 /10

XENA EXCHANGE currently has no verifiable valid regulatory license, which means investors cannot confirm whether the platform is under continuous supervision by a financial regulator. Its WikiFX score is 2.01/10, a very low score that shows weak support in regulation and overall data. Overall, XENA EXCHANGE is unsafe and is not recommended for investors. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-09-22)

Frequently Asked Questions About Exnova

Is Exnova a regulated forex broker?
Exnova is not a regulated forex broker. The entity, Digital Smart LLC, is registered in Saint Kitts and Nevis, which is not recognized as a jurisdiction with robust, proactive financial supervision for retail forex trading. No specific forex trading license or overseeing regulatory authority has been identified. Before considering any financial engagement, you should independently verify any licensing claims directly with an official regulator's public register.

Is Exnova safe to trade with based on WikiFX data?
Exnova's composite safety score of 1.45 indicates significant concerns. The score comprises a regulatory rating of 0.0, a risk control rating of 0.0, a software rating of 4.0, a business rating of 6.55, and a license rating of 0.0. This reflects a fundamental lack of formal regulatory safeguards and licensing, which are critical for trader protection. While software stability and business longevity scores are moderate, the absence of oversight is a dominant factor. You should carefully weigh these safety dimensions against your personal risk tolerance.

How much money do I need to start trading with Exnova?
Exnova does not publicly disclose its minimum deposit requirement. This key piece of information, which defines the entry threshold for opening a trading account, is not currently available. The absence of clear account funding details complicates the evaluation process for prospective clients. To understand the initial capital needed, you are advised to contact the broker directly for specific account opening requirements before committing any funds.

What can I trade on Exnova?
Exnova offers trading in forex pairs, CFDs, and stock CFDs. The specific number of available financial instruments, as well as detailed product specifications, are not currently publicly disclosed. The product list may be limited or subject to change without broad public notification. To confirm the full range of tradeable assets and match them to your trading strategy, you should consult the broker's official website for a complete and current product listing.

Should I consider trading with Exnova?
Trading with Exnova involves significant considerations, primarily its lack of formal financial regulation and a low composite safety score of 1.45. Key operational details, such as minimum deposit, leverage, and trading costs, are not publicly disclosed, making a full evaluation challenging. The broker may suit traders who are comfortable using proprietary platforms and have a high-risk tolerance. However, for traders who prioritize regulatory protection, clear pricing, and transparent operational terms, this broker presents a high-risk profile. A thorough, independent review is strongly recommended.