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

Not Regulated

Fake EnclaveFX

Company name：EnclaveFX

Score

1.95

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

2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

1.95

NXG MARKETS Review 2026: India RBI Alert, Regulation, Login, and Risk

People searching NXG MARKETS regulation or regulation NXG MARKETS need to separate an overseas licence from permission in India. The Reserve Bank of India Alert List, updated 19 November 2025, names NXG Markets and nxgmarkets.com. RBI says listed entities are neither authorised to deal in forex under FEMA nor authorised to run an approved forex electronic trading platform. The broker's own site also says it does not serve residents or citizens of India. This NXG MARKETS review found an overseas Mwali licence record, but no RBI authorisation. No cited court ruling proves fraud. For an Indian user, the local warning and service restriction should control the decision.

Original 2026-09-01 22:45

India Q1 FY27 GDP Growth Hits 7.8%: 3 Scenarios for INR and Gold

India's Q1 FY27 GDP grew 7.8%, beating a 7.4% poll and RBI's 7.0% projection. See three conditional scenarios for INR, rates and gold.

Original 2026-09-01 21:23

Neomarkets Review 2026: Investors Report Scams & Unfair Charges

Neomarkets, a Kazakhstan-based brokerage firm, is facing some allegations of fund scams and unfair charges. These charges were reportedly on both deposits and withdrawals. As negative Neomarkets reviews became prominent on broker evaluation platforms, it was important to inspect these allegations and understand its regulatory scope. We have covered these in this article.

Original 2026-09-01 20:27

OnFin Review 2026: Investigating $45K+ Fund Loss & Other Trading Allegations

OnFin, a Comoros-based multi-asset brokerage firm, impresses users with its wide range of products and trading platforms. However, user reviews largely reflect negative sentiments for the broker. Withdrawal issues have allegedly become the talking point among users on broker review platforms such as WikiFX. Among the complaints, one user even highlighted a fund scam totaling over $45,000. Additionally, the alleged failure of the broker in providing trade logs added to negative OnFin reviews. While examining the reviews, we have provided a regulatory overview of the broker.

Original 2026-08-31 21:30