EnclaveFX-Overview of Minimum Deposit, Leverage, Spreads
Abstract：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.
Note: EnclaveFX's official website - https://enclavefx.com/ is currently inaccessible normal.
| EnclaveFXReview Summary | |
| Founded | 2020 |
| Registered Country/Region | United Kingdom |
| Regulation | Unregulated |
| Market Instruments | Forex, CFDs, metals and cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | 1.5 pips |
| Trading Platform | MT5 |
| Min Deposit | $10 |
| Customer Support | 24/5 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.
Pros and Cons
| Pros | Cons |
| Various tradable assets | Lack of regulation |
| Multiple account types | Unfunctional website |
| No commissions for most account types | Limited 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!
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 | ❌ |
Account Type
| Account Type | Min Deposit |
| Micro | $10 |
| Standard | $500 |
| Silver | $1,000 |
| Gold | $1,200 |
| Platinum | $1,500 |
| Diamond | $1,800 |
| ECN | $2,000 |
| ECN Pro | $2,500 |
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 Type | Spread | Commission |
| Micro | From 2.2 pips | ❌ |
| Standard | From 1.8 pips | ❌ |
| Silver | From 1.5 pips | ❌ |
| Gold | From 1.2 pips | ❌ |
| Platinum | From 1.0 pips | ❌ |
| Diamond | From 0.7 pips | ❌ |
| ECN | From 0 pips | $10 |
| ECN Pro | From 0 pips | $7 |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
| Payment Method | Min Deposit/Withdrawal | Deposit Time | Withdrawal Time |
| Bitcoin | 50 | 1-3 hours | |
| India Cash | 50 | 3-30 minutes | |
| Local Bank | 10 | Approximately 15 minutes | Approximately 4-5 hours (may take up to 24 hours) |
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