Home -

Main body -

WikiFX Express

FCA Warning: EnclaveFX Receives Withdrawal Complaints

WikiFX | 2023-01-05 11:24

Abstract：Regulation is one of the most critical factors that must be considered when you evaluate a forex broker.

Regulated brokers are required to adhere to strict rules and regulations set by regulators, and through this, client fund security can be ensured.

EnclaveFX is a non-regulated broker, whose activities are not overseen by any authorities. Moreover, it has a warning record from FCA.

Quick overview

EnclaveFX(https://enclavefx.com/) is a self-claimed pre-eminent forex broker based in London, United Kingdom. The broker delivers the most sought-after tried and tested trading instruments for traders to invest Forex, CFDs, Metals and Cryptos. Other features include four account types, multiple deposit options and a trading MT5 platform.

Is EnclaveFX regulated？

EnclaveFx is a non-regulated forex broker firm that is registered in the UK with the number 13596354. Even though its headquarters is in London, it is not registered with and does not fall under the FCA, the authority that supervises financial services and products of most forex entities in the UK.

In other words, EnclaveFx is operating from the UK without an approval, and is therefore an illicit entity.

A warning record from FCA

On 3 Feb 2022, the FCA issued a warning against EnclaveFX for providing financial services or products in the UK without any authorisation.

Clients complaints and feedback

According to research to several independent reviewers' channels, we found the company receives a lot of complaints. The broker has been accused of multiple issues, including misappropriating funds, withdrawal problems, customer support even though it labels that it consists of a team of highly qualified and experienced people dedicated to the field of brokerage service. Let us share some screenshots below.

An Iranian investor funded his account with $2500 and started trading. He made profits and his balance reached $11500. When he had open orders on his account after a few days, his account was blocked and he was also blocked by the broker on all channels.

Based on the above information, we can conclude that EnclaveFX is a scam.

Related broker

No Regulation

Fake EnclaveFX

Company name：EnclaveFX

Score

1.42

Website：https://www.enclave-forex.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.42

Digital Trading FX Review: Traders Allege Withdrawal Denials & Fund Blockage

Has Digital Trading FX locked your funds in the name of a fake fixed deposit that you never opened? Waited unsuccessfully for the fund release until its maturity? Failed to receive earnings from the broker despite multiple attempts? Is the company’s customer support service executive unresponsive to your forex trading queries? In this Digital Trading FX review, we have investigated different complaints about the broker. Take a look!

Original 2026-01-07 19:23

HW.SITE Analysis Report

HW.SITE presents a mixed picture that demands careful consideration from potential traders, earning a modest 5.2 out of 10 rating based on extensive user feedback. Analysis of 228 trader reviews reveals significant polarization in user experiences, with 40.8% of reviews being negative and nearly equal numbers of positive and negative sentiments overall. The broker demonstrates several noteworthy strengths that attract traders, including a generally good reputation for security, efficient deposit and withdrawal systems, and a user-friendly trading interface that caters to both novice and experienced traders. These positive aspects have contributed to a solid base of satisfied clients who praise the platform's fundamental operations. However, serious concerns have emerged that cannot be ignored. The most pressing issues include misleading marketing practices that may set unrealistic expectations, documented withdrawal complications that affect some users, and recurring questions about

Original 2026-01-07 18:11

ULTIMAMARKETS Analysis Report

ULTIMAMARKETS presents a mixed picture that requires careful consideration before committing your trading capital. With an overall rating of 5.8 out of 10 based on 162 analyzed reviews, this broker shows both promising features and concerning red flags that traders should weigh carefully. The broker's strongest attributes include responsive customer support services and efficient deposit/withdrawal processes for most users. Its established reputation and security measures have earned positive feedback from a majority of traders, with 93 out of 162 reviews expressing satisfaction with the platform's performance. However, several serious concerns emerge from the review analysis. Fund safety issues have been reported by multiple traders, and while withdrawals are generally smooth, some users have encountered significant problems accessing their funds. Read on for a full report.

Original 2026-01-07 17:38