Enterprise London Limited-Overview of Minimum Deposit, Leverage, Spreads

General Information & Regulation

Enterprise London Limited is allegedly a forex broker registered in the United Kingdom that claims to provide its clients with multiple tradable financial instruments with fixed or floating spreads on the Web Trader and Mobile Trader trading platforms, as well as a choice of five different live account types and 24/5 customer support service. Here is the home page of this brokers official site:

As for regulation, it has been verified that Enterprise London Limited does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.16/10. Please be aware of the risk.

Negative Reviews

A trader shared his terrible trading experience in the Enterprise London Limited platform at WikiFX. He said he was unable to withdraw funds from this broker. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.

Market Instruments

Enterprise London Limited advertises that it offers access to a wide range of trading instruments in financial markets, covering currencies, commodities, raw materials, stocks, indices and cryptocurrencies.

Account Types

Enterprise London Limited claims to offer five types of trading accounts, namely Bronze, Silver, Gold, Platinum and VIP. The minimum initial deposit amount is extremely high-€1,000 for the Bronze account, while the other four account types have much higher minimum initial capital requirements of €5,000, €10,000, €50,000 and €100,000 respectively. In comparison, the licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.

Spreads

Enterprise London Limited claims to offer fixed or floating spreads, yet no specific value is involved directly on its official site in the absence of login.

Trading Platform Available

Platforms available for trading at Enterprise London Limited are Web Trader and Mobile Trader (iOS, Android). In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

From the logos shown at the foot of the home page on Enterprise London Limiteds official website, we found that this broker seems to accept deposits and withdrawals via Visa, MasterCard and some unknown methods. The minimum initial deposit requirement is said to be as high as €1,000.

Customer Support

Enterprise London Limiteds customer support can be reached by telephone: +44 2080979025 (English), +7 9311050468 (Russian), email: support@enterpriselondonltd.net or send messages online to get in touch. Company address: H40 Gracechurch Street, London EC2N 4AY United Kingdom.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.