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Binary options are high-risk products. Most retail traders lose money. You can lose your entire deposit. Risk disclosure

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Best alternatives to Exnova

Other brokers that accept residents of Namibia, and when each one makes more sense.

Exnova logo

Exnova · 3.5/5 · Min. deposit $10 · Read full review

Common reasons to look beyond Exnova

  • No licence from a government regulator
  • Short track record: launched in 2021
  • Recurring user complaints about delayed or blocked withdrawals
  • Withdrawal fee after the first free withdrawal each month
  1. Pocket Option logo

    1. Pocket OptionRecommended

    4.1/5

    Why consider it

    Choose it for the lowest minimum deposit and built-in social trading.

    Min. deposit
    $5 vs $10
    Max. payout
    92% vs 90%
    Best for
    Small first deposits and copy trading
    Availability in Namibia
    Available
    Full comparison with Exnova
    Pocket Option trading screen
    Trading screen: asset, expiry time, trade amount and the payout shown before you trade (here +67% on BNB OTC).

    Pocket Option vs Exnova in numbers

    —Pocket OptionExnova (current)
    Min. deposit$5$10
    Min. trade$1$1
    Max. payout92%90%
    Break-even win rate52.1%52.6%
    Min. withdrawal$10$10
    Demo balance$50,000$10,000
    Assets100+250+
    Expiry times3 seconds – 4 hours1 minute – 1 hour (fixed time); custom on digital options
    Withdrawal timeUsually 1–3 business days; crypto often faster (third-party reports)1–3 business days per the broker; user complaints report delays
    Our score4.1/53.5/5

    What you gain with Pocket Option

    • Platform & apps: 4.7 vs 4.2
    • Costs & minimums: 4.8 vs 4.0
    • Payments: 4.6 vs 3.8
    • Support: 4.2 vs 3.6
    • Regulation & transparency: 2.6 vs 2.0
    • Copy trading
    • Demo without registration

    What you give up

    • Desktop app
    • iOS app
    • Extra asset classes: ETFs

    Our verdict on Pocket Option

    Pocket Option is the easiest place to start in markets where it accepts clients: low minimums, a clean platform and useful social features. The trade-off is weak regulation and public warnings from major regulators, so only deposit what you can afford to lose and test a small withdrawal early.

    Skip it if: You want a regulator behind your account, or gamified features tempt you to overtrade

    More screenshots of Pocket Option

    Pocket Option homepage
    Pocket Option homepage with the registration form and a link to the free demo.
    Pocket Option social trading
    Social trading: a trader's public statistics and the 24-hour leaderboard. Names and profile IDs are blurred.
  2. Expert Option logo

    2. Expert Option

    3.7/5

    Why consider it

    Choose it for the simplest interface and solid native mobile apps.

    Min. deposit
    $10 vs $10
    Max. payout
    90% vs 90%
    Best for
    Beginners who trade mostly on a phone
    Availability in Namibia
    Available
    Full comparison with Exnova
    Expert Option homepage
    Expert Option homepage with sign-up and access to the free demo.

    Expert Option vs Exnova in numbers

    —Expert OptionExnova (current)
    Min. deposit$10$10
    Min. trade$1$1
    Max. payout90%90%
    Break-even win rate52.6%52.6%
    Min. withdrawal$10$10
    Demo balance$10,000$10,000
    Assets~100250+
    Expiry times5 seconds – 24 hours1 minute – 1 hour (fixed time); custom on digital options
    Withdrawal timeWithin 2 business days per the broker; e-wallets and crypto can be faster1–3 business days per the broker; user complaints report delays
    Our score3.7/53.5/5

    What you gain with Expert Option

    • Payments: 4.2 vs 3.8
    • Regulation & transparency: 2.4 vs 2.0
    • Copy trading
    • Demo without registration

    What you give up

    • Tournaments
    • Desktop app
    • Extra asset classes: ETFs

    Our verdict on Expert Option

    Expert Option is the most beginner-friendly interface of the three and has a usable app. Its lack of a government licence and a narrower asset list place it third. A reasonable alternative if the other two are unavailable to you.

    Skip it if: You want a wide asset list or longer-term analysis

    More screenshots of Expert Option

    Expert Option account types
    Expert Option account levels and what each one unlocks, by deposit amount.
    Expert Option top traders
    Expert Option leaderboard of top traders. Names and photos are blurred.