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Score
United Kingdom
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 14
Exposure
Score
Regulatory Index0.00
Business Index7.04
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
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Company Name
EnclaveFX Limited
Company Abbreviation
EnclaveFX
Platform registered country and region
United Kingdom
Company website
X
YouTube
+447451200066
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
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 | 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 |
No, EnclaveFX is unregulated. It operates without being monitored by established financial regulatory bodies. Please be aware of the risk!
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 | 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 |
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.
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 | Supported | Available Devices | Suitable for |
MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
MT4 | ❌ | / | Beginners |
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) |
The GBP/JPY currency pair is in a subdued state, hovering just below the 183.00 level as traders brace for two pivotal central bank meetings. With the Bank of England (BoE) and the Bank of Japan (BoJ) on the horizon, market participants are gearing up for potential shifts in the exchange rate.
In the ever-evolving landscape of global currencies, the AUD/USD pair has been making notable moves, maintaining its upward trajectory for the fourth consecutive day. The pair's gains, which have reached 0.30% during the European morning hours on Wednesday, have been supported by a weakened US Dollar and a sense of cautious optimism in the market.
As the market continues to evolve, the NZD/USD pair is currently on a downward slope, teetering around 0.5930 as it awaits the upcoming US Initial Jobless Claims report. This trend follows a series of losses which have brought the pair to hit a low of 0.5903, a point not seen since November 2022.
GBP/JPY gains traction for the second consecutive day on Monday, hitting a three-week high early in the European session. Price quotes currently sit in the 182.80-182.85 area, indicating a rebound of over 650 points from Friday's low touched on June 13. There is a heavy supply tone surrounding the Japanese Yen (JPY).
An investor finds himself unable to withdraw funds from EnclaveFX, a brokerage firm he invested in. This is not the first time that we received complaints against the broker named EnclaveFX. Investors need to be aware of this broker as it may get involved in a scam. The investor's story highlights alarming allegations of misconduct on the part of EnclaveFX.
Gold prices are struggling to gain any significant traction on the first day of a new week, and they seesaw between tepid gains and minor losses throughout the early European session. A combination of divergent forces is currently affecting XAU/USD, which is currently trading around $1,924-$1,925.
WikiFX wants to remind you of the potential risks when you plan to invest in this broker shortly.
On Friday, GBP/JPY continued to push the cross to fresh cycle highs at 182.80 after finding support at the 181.25 area. In that sense, the Sterling continued to gain ground on the back of Thursday’s Bank of England (BoE) hawkish surprise to raise rates by 50 basis points and held its ground despite weak British PMIs from June.
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