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

1.41

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

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

Score

1.41

FXPIG Exposed: Traders Report Withdrawal Denials, Fund Scams & Regulatory Flags

Do you face massive losses due to astonishing spreads at FXPIG? Have you witnessed multiple trade executions by the Georgia-based forex broker even though you wanted to execute a single order? Has this piled on losses for you? Is the FXPIG withdrawal too slow? Maybe your trading issues resonate with some of your fellow traders. In this FXPIG review article, we have shared these issues so that you can introspect them thoroughly before deciding on the best forex trader.

Original 2025-11-18 21:04

Understanding What Makes a Good Spread in Forex

Find out what a good spread in forex trading is, typically between 0 to 5 pips, and why it matters for traders aiming to reduce expenses.

Original 2025-11-18 19:25

Does WealthFX Generate Wealth or Losses for Traders? Find Out in This Review

The name WealthFX sounds appealing for all those wishing for a rewarding forex journey. However, behind the aspiring name are multiple complaints against the Comoros-based forex broker. These trading complaints dampen the broker’s reputation in the forex community. In this WealthFX review article, we have shared some of these complaints here. Take a look!

Original 2025-11-18 19:20