Score

1.52 /10
Danger

EnclaveFX

United Kingdom

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 14

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.04

Risk Management Index0.00

Software Index4.00

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

EE FSA
2022-02-07

Broker Information

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Company Name

EnclaveFX Limited

Company Abbreviation

EnclaveFX

Platform registered country and region

United Kingdom

Company website

X

Facebook

Instagram

YouTube

Linkedin

WhatsApp

  • +447451200066

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 3
Previous Detection : 2025-04-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 13 for this broker in the past 3 months. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
Expose
EnclaveFX · Company summary

Note: EnclaveFX's official website - https://enclavefx.com/ is currently inaccessible normal.

EnclaveFXReview Summary
Founded2020
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, CFDs, metals and cryptocurrencies
Demo Account/
LeverageUp to 1:500
Spread1.5 pips
Trading PlatformMT5
Min Deposit$10
Customer Support24/5 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.

EnclaveFX

Pros and Cons

ProsCons
Various tradable assetsLack of regulation
Multiple account typesUnfunctional website
No commissions for most account typesLimited payment options
MT5 offered
Low minimum deposit

Is EnclaveFX Legit?

No, EnclaveFX is unregulated. It operates without being monitored by established financial regulatory bodies. Please be aware of the risk!

No license

What Can I Trade on EnclaveFX?

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
What Can I Trade on EnclaveFX?

Account Type

Account TypeMin Deposit
Micro$10
Standard$500
Silver$1,000
Gold$1,200
Platinum$1,500
Diamond$1,800
ECN$2,000
ECN Pro$2,500
Account comparison

Leverage

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.

Spread and Commission

Account TypeSpreadCommission
MicroFrom 2.2 pips
StandardFrom 1.8 pips
SilverFrom 1.5 pips
GoldFrom 1.2 pips
PlatinumFrom 1.0 pips
DiamondFrom 0.7 pips
ECNFrom 0 pips$10
ECN ProFrom 0 pips$7

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5Desktop, Mobile, WebExperienced traders
MT4/Beginners

Deposit and Withdrawal

Payment MethodMin Deposit/WithdrawalDeposit TimeWithdrawal Time
Bitcoin501-3 hours
India Cash503-30 minutes
Local Bank10Approximately 15 minutesApproximately 4-5 hours (may take up to 24 hours)
Deposit
Withdrawal

News

NewsGBP/JPY: Steady Below 183.00 Mark as BoE and BoJ Rate Decisions Loom.

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.

WikiFX
2023-09-20 18:12
GBP/JPY: Steady Below 183.00 Mark as BoE and BoJ Rate Decisions Loom.

NewsAUD/USD Awaits Test of 0.6460 Amid Easing US Dollar and Key Data Releases

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.

WikiFX
2023-08-24 11:47
AUD/USD Awaits Test of 0.6460 Amid Easing US Dollar and Key Data Releases

NewsNZD/USD Navigates Bearish Waters Ahead of Key Economic Data Release

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.

WikiFX
2023-08-21 13:44
NZD/USD Navigates Bearish Waters Ahead of Key Economic Data Release

NewsFundamentals of the GBP/JPY

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).

WikiFX
2023-08-04 10:47
Fundamentals of the GBP/JPY

ExposureIs EnclaveFX about to collapse? Investor told WikiFX that he couldn't withdraw from EnclaveFX.

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.

WikiFX
2023-07-31 17:05
Is EnclaveFX about to collapse?  Investor told WikiFX that he couldn't withdraw from EnclaveFX.

NewsGold Price Fundamentally Analysis

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
2023-07-12 10:45
Gold Price Fundamentally Analysis

ExposureBreaking: EnclaveFX blocked the trader’s withdrawal request and refused to give any response.

WikiFX wants to remind you of the potential risks when you plan to invest in this broker shortly.

WikiFX
2023-07-03 16:05
Breaking: EnclaveFX blocked the trader’s withdrawal request and refused to give any response.

NewsGBP/JPY Fundamental Outlook

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.

WikiFX
2023-06-25 11:15
GBP/JPY Fundamental Outlook

User Reviews

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User comment

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FX1290466291
more than one year
Withdrawal being processed within the recommended time and sometimes even better like today. I just cannot help falling in love with this lovely broker, Enclave FX. It deserves five stars!
Withdrawal being processed within the recommended time and sometimes even better like today. I just cannot help falling in love with this lovely broker, Enclave FX. It deserves five stars!
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2023-03-01 09:25
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sunny91
more than one year
Hellooo, Wall Street! So, a birdie told me about EnclaveFX, and I thought why not flutter over to UK waters for some trade winds? Been trading currencies, CFDs, metals, the works for a good few years now. These chaps have got their act together allowing max leverage of 1:500. Now, I like keeping a close eye on my dimes and dollars. Their initial deposit is just 10 bucks! Got my head spinning faster than the Wall Street bull! Had a bit of a spot while withdrawing, but hey, they have a live chat and a real human sorted me out. Kudos to them for that. Now, where's my cup of Joe?
Hellooo, Wall Street! So, a birdie told me about EnclaveFX, and I thought why not flutter over to UK waters for some trade winds? Been trading currencies, CFDs, metals, the works for a good few years now. These chaps have got their act together allowing max leverage of 1:500. Now, I like keeping a close eye on my dimes and dollars. Their initial deposit is just 10 bucks! Got my head spinning faster than the Wall Street bull! Had a bit of a spot while withdrawing, but hey, they have a live chat and a real human sorted me out. Kudos to them for that. Now, where's my cup of Joe?
Translate to English
2023-12-01 10:14
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