Score

1.50 /10
Danger

EnclaveFX

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 14

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.96

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

EE FSA
2022-02-07

Broker Information

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Company Name

EnclaveFX Limited

Company Abbreviation

EnclaveFX

Platform registered country and region

United Kingdom

Company website

X

Facebook

Instagram

YouTube

Linkedin

WhatsApp

  • +447451200066

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 13 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
    EnclaveFX · Company summary

    Note: EnclaveFX's official website - https://enclavefx.com/ is currently inaccessible normal.

    EnclaveFXReview Summary
    Founded2020
    Registered Country/RegionUnited Kingdom
    RegulationUnregulated
    Market InstrumentsForex, CFDs, metals and cryptocurrencies
    Demo Account/
    LeverageUp to 1:500
    Spread1.5 pips
    Trading PlatformMT5
    Min Deposit$10
    Customer Support24/5 support
    Contact form
    Tel: +44 7451200066
    Email: support@enclavefx.com
    Social Media: Twitter, Facebook, Instagram, YouTube, Linkedin, Whatsapp
    2nd Floor, College House, 17 King Edwards Road, RUISLIP, London, HA4 7AE, UNITED KINGDOM

    EnclaveFX, a trading name of EnclaveFX Limited, was established in 2020 and is purportedly a UK-based forex broker that offers its customers leverage up to 1:500 and the industry-standard MetrTrader5 trading platform.

    EnclaveFX

    Pros and Cons

    ProsCons
    Various tradable assetsLack of regulation
    Multiple account typesUnfunctional website
    No commissions for most account typesLimited payment options
    MT5 offered
    Low minimum deposit

    Is EnclaveFX Legit?

    No, EnclaveFX is unregulated. It operates without being monitored by established financial regulatory bodies. Please be aware of the risk!

    No license

    What Can I Trade on EnclaveFX?

    EnclaveFX advertises that it offers more than 120 trading instruments across a wide range of asset classes like forex, CFDs, metals and cryptocurrencies.

    Tradable Instruments Supported
    Forex
    CFDs
    Metals
    Cryptocurrencies
    Commodities
    Indices
    Stocks
    Bonds
    Options
    ETFs
    What Can I Trade on EnclaveFX?

    Account Type

    Account TypeMin Deposit
    Micro$10
    Standard$500
    Silver$1,000
    Gold$1,200
    Platinum$1,500
    Diamond$1,800
    ECN$2,000
    ECN Pro$2,500
    Account comparison

    Leverage

    EnclaveFX offers leverage up to1:500. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

    Spread and Commission

    Account TypeSpreadCommission
    MicroFrom 2.2 pips
    StandardFrom 1.8 pips
    SilverFrom 1.5 pips
    GoldFrom 1.2 pips
    PlatinumFrom 1.0 pips
    DiamondFrom 0.7 pips
    ECNFrom 0 pips$10
    ECN ProFrom 0 pips$7

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    MT5Desktop, Mobile, WebExperienced traders
    MT4/Beginners

    Deposit and Withdrawal

    Payment MethodMin Deposit/WithdrawalDeposit TimeWithdrawal Time
    Bitcoin501-3 hours
    India Cash503-30 minutes
    Local Bank10Approximately 15 minutesApproximately 4-5 hours (may take up to 24 hours)
    Deposit
    Withdrawal

    News

    NewsGBP/JPY: Steady Below 183.00 Mark as BoE and BoJ Rate Decisions Loom.

    The GBP/JPY currency pair is in a subdued state, hovering just below the 183.00 level as traders brace for two pivotal central bank meetings. With the Bank of England (BoE) and the Bank of Japan (BoJ) on the horizon, market participants are gearing up for potential shifts in the exchange rate.

    WikiFX
    2023-09-20 18:12
    GBP/JPY: Steady Below 183.00 Mark as BoE and BoJ Rate Decisions Loom.

    NewsAUD/USD Awaits Test of 0.6460 Amid Easing US Dollar and Key Data Releases

    In the ever-evolving landscape of global currencies, the AUD/USD pair has been making notable moves, maintaining its upward trajectory for the fourth consecutive day. The pair's gains, which have reached 0.30% during the European morning hours on Wednesday, have been supported by a weakened US Dollar and a sense of cautious optimism in the market.

    WikiFX
    2023-08-24 11:47
    AUD/USD Awaits Test of 0.6460 Amid Easing US Dollar and Key Data Releases

    NewsNZD/USD Navigates Bearish Waters Ahead of Key Economic Data Release

    As the market continues to evolve, the NZD/USD pair is currently on a downward slope, teetering around 0.5930 as it awaits the upcoming US Initial Jobless Claims report. This trend follows a series of losses which have brought the pair to hit a low of 0.5903, a point not seen since November 2022.

    WikiFX
    2023-08-21 13:44
    NZD/USD Navigates Bearish Waters Ahead of Key Economic Data Release

    ExposureIs EnclaveFX about to collapse? Investor told WikiFX that he couldn't withdraw from EnclaveFX.

    An investor finds himself unable to withdraw funds from EnclaveFX, a brokerage firm he invested in. This is not the first time that we received complaints against the broker named EnclaveFX. Investors need to be aware of this broker as it may get involved in a scam. The investor's story highlights alarming allegations of misconduct on the part of EnclaveFX.

    WikiFX
    2023-07-31 17:05
    Is EnclaveFX about to collapse?  Investor told WikiFX that he couldn't withdraw from EnclaveFX.

    User Reviews

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    User comment

    15

    Comments

    Write a review

    Wingwing Ng
    more than one year
    EnclaveFX has a standard minimum deposit that's fair for most traders. Their deposit and withdrawal process is straightforward and efficient, but it's not necessarily the fastest or most innovative.
    EnclaveFX has a standard minimum deposit that's fair for most traders. Their deposit and withdrawal process is straightforward and efficient, but it's not necessarily the fastest or most innovative.
    Translate to English
    2024-07-23 18:30
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    Tutunana
    more than one year
    I want to say:1. Charts are not real time, only near real time. It’s noticeable when used on 1 minutes chart timing. 2. The profit/loss computation are not real time. Sometimes it’s really slow to update. You can see the difference in Closed position screen vs Position screen.
    I want to say:1. Charts are not real time, only near real time. It’s noticeable when used on 1 minutes chart timing. 2. The profit/loss computation are not real time. Sometimes it’s really slow to update. You can see the difference in Closed position screen vs Position screen.
    Translate to English
    2024-04-25 18:17
    Reply
    0
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