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

EnclaveFX

United Kingdom|2-5 years|
MT5 Full License|Regional Brokers|High potential risk|

https://enclavefx.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
EnclaveFX-Server 1 MT5
Server Location Netherlands

Contact

+44 7451200066
support@enclavefx.com
https://enclavefx.com/
U.K Office 2nd Floor, College House, 17 King Edwards Road, RUISLIP, London, HA4 7AE, UNITED KINGDOM
The WikiFX Score of this broker is reduced because of too many complaints!

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

Disclosure

Danger

EE FSA
2022-02-07

Contact number

English

+44 7451200066

Broker Information

More

Company Name

EnclaveFX Limited

Company Abbreviation

EnclaveFX

Platform registered country and region

United Kingdom

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin
WhatsApp
  • +447451200066

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 2
Previous Detection : 2024-06-19
  • 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

EnclaveFX · WikiFX Survey

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    EnclaveFX · Company Summary

    General Information

    Founded in 2018, EnclaveFX, a trading name of EnclaveFX Limited, is allegedly a broker based and registered in the UK that provides its clients with the industry-standard MetrTrader5 trading platform, leverage up to 1:500, variable spreads on over 120 tradable financial products, as well as a choice of eight different live account types and 24/5 customer support service.

    Market Instruments

    EnclaveFX advertises that it offers more than 120 trading instruments across a wide range of asset classes like forex, CFDs, metals and cryptocurrencies.

    image.png

    Account Types

    There are eight live trading accounts offered by EnclaveFX, apart from demo accounts, namely Micro, Standard, Silver, Gold, Platinum, Diamond, ECN and ECN Pro. Opening a Micro account requires the minimum initial deposit amount of only $10, while the other seven account types with the much higher minimum initial capital requirements of $500, $1,000, $1,200, $1,500, $1,800, $2,000 and $2,500 respectively

    image.png

    Leverage

    The maximum leverage ratio provided by EnclaveFX is much higher than most brokers, up to 1:500. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

    Spreads & Commissions

    Spreads and commissions are influenced by what type of accounts traders are holding. EnclaveFX reveals that the spread on the Micro account starts from 2.2 pips, the clients on the Standard account can experience spreads from 1.8 pips, the Silver account with spreads from 1.5 pips, the Gold account with spreads from 1.2 pips, the Platinum account with spreads from 1.0 pips, the Diamond account with spreads from 0.7 spreads, while the ECN and ECN Pro account types can enjoy raw spreads from 0 pips. As for commissions, the broker will charge a commission of $10 for the ECN account, the ECN Pro account with a $7 commission, while the left account types with no commission.

    Trading Platform Available

    When it comes to trading platforms available,EnclaveFX gives traders the worlds most trusted and popular Metatrader5 trading platform, available for desktop, iOS and Android. MT5 provides 3 types of charts, 9 timeframes and 24 analytical objects, advanced technical analysis tools, automated trading functions (EA) and mobile applications, as well as a user-friendly interface, allowing traders to view their orders, transactions, account details, and keep abreast of the latest market conditions. While with the MT5 Mobile app, trading can be done from anywhere and at any time through the right mobile terminals.

    image.png

    Tools

    Also, EnclaveFX provides its clients with some trading tools, such as an Economic Calendar and forex calculators, whose interfaces seem to be quite simple and easy to use, just as the following screenshots show.

    image.png
    image.png

    Deposit & Withdrawal

    EnclaveFX accepts deposits and withdrawals with Bitcoin, India Cash and Local Bank. The minimum deposit and withdrawal amounts are both $50. As for the processing time of deposit and withdrawal requests, 1-3 hours for Bitcoin, 3-30 minutes for India Cash and approximately 15 minutes for Local Bank deposits and approximately 4-5 hours (sometimes may be up to 24 hours) for Local Bank withdrawals.

    image.png
    image.png

    Customer Support

    EnclaveFXs customer support can be reached by telephone: +447451200066, email: support@enclavefx.com or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Facebook. LinkedIn, Twitter, Instagram, YouTube and Telegram. Company address: 2nd Floor, College House, 17 King Edwards Road, RUISLIP, London, HA4 7AE, UNITED KINGDOM.

    News

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

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

    2023-09-20 18:12

    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
    News
    GBP/JPY: Steady Below 183.00 Mark as BoE and BoJ Rate Decisions Loom.
    Is EnclaveFX about to collapse?  Investor told WikiFX that he couldn't withdraw from EnclaveFX.

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

    2023-07-31 17:05

    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
    Exposure
    Is EnclaveFX about to collapse?  Investor told WikiFX that he couldn't withdraw from EnclaveFX.
    Breaking: EnclaveFX blocked the trader’s withdrawal request and refused to give any response.

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

    2023-07-03 16:05

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

    WikiFX
    2023-07-03 16:05
    Exposure
    Breaking: EnclaveFX blocked the trader’s withdrawal request and refused to give any response.
    Beware of this fake website for EnclaveFX! Can we really give credit to it?

    ExposureBeware of this fake website for EnclaveFX! Can we really give credit to it?

    2023-01-06 18:19

    EnclaveFX is an online forex broker offering a series of financial instruments to its clients across the globe. However, WikiFX recently received a lot of complaints from Turkish investors saying that EnclaveFX defrauded their money after they invested with this broker.

    WikiFX
    2023-01-06 18:19
    Exposure
    Beware of this fake website for EnclaveFX! Can we really give credit to it?

    User Reviews

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    User comment

    14

    Comments

    Write a review

    Tutunana
    more than one year
    I want to say:1. Charts are not real time, only near real time. It’s noticeable when used on 1 minutes chart timing. 2. The profit/loss computation are not real time. Sometimes it’s really slow to update. You can see the difference in Closed position screen vs Position screen.
    2024-04-25 18:17
    Reply
    0
    0
    lalit5337
    3-6months
    Fraud Company, Scam Company. Their company is only accepting deposits but does not give withdrawals because giving money is not their policy. FRAUD FRAUD FRAUD. Do not work with them, they are scamsters.
    2023-12-29 19:12
    Reply
    0
    0
    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?
    2023-12-01 10:14
    Reply
    0
    0
    Kikoyo
    more than one year
    Hey, mates! Here I am, just an Aussie bloke who's found his way to EnclaveFX. Been messing around with a couple of pips, mind you, the spread here starts at 0.0. It's like they've rolled out the red carpet for us traders. And with ASIC having their back, I can trade in peace. I'm a traditionalist at heart, you see. So, being able to do bank transfers for deposit and withdrawals? Mate, it's a beauty. Had an issue once, dropped them a line via email and 'bam', sorted out faster than a cookout on a hot day.
    2023-11-30 14:39
    Reply
    0
    0
    Fornsc-wtchcÒm2944
    6-12months
    I advice anyone trading with any of these new forex or binary option companies to withdraw their funds fully after making your first profits. I have been scammed terribly by several binary option companies. But I’m glad today cause I have had all my money returned plus my profits. Thanks to THE COMPANY ON DISPLAY NAME
    2023-08-28 05:55
    Reply
    0
    0
    fxvo2200
    more than one year
    SCAM Broker does not approve withdrawals I was creating a withdrawal request with ENCLAVE since February 2023 and they still didn`t approve it. It's been over 6 months and placed a few withdrawal requests but they have been canceled every time. They don`t even want to give my deposit back and blocked my access to portal Avoid SCAM ENCLAVEFX if you don`t want to lose your money!
    2023-07-26 20:23
    Reply
    0
    0
    FX6604321292
    more than one year
    exp ert ape x re fund org They are heart breaker, stay cleer! I had my worst experience with them, I would be penniless now if my review tittle ☝ had not ensured that I got refunded
    2023-07-23 05:09
    Reply
    0
    0
    fxvo2200
    more than one year
    Biggest scammers in Forex, they closed my account and access to the client portal and didn`t even give my deposit back, AVOID!!!
    2023-06-06 18:27
    Reply
    0
    0
    Mackenzie336
    more than one year
    Avoid this scam of a platform, I thought I could trust them but I was wrong, they denied my withdrawals and stopped responding to my messages but when they want to syphon money they reply and as soon as you pay they leave, I was able to get their attention after I reported them https://cutt.ly/Y9VxP2s
    2023-03-14 20:59
    Reply
    0
    0
    fxvo2200
    more than one year
    I was creating a withdrawal request with EnclaveFX on the 27 Feb 2023 and ever since the broker did not answer to any of my requests. I was trying to contact them nearly every day via live chat, WhatsApp, email, and ticket requests in the client portal but had no reply. They seem to be active and posting signals every day on their Telegram channel but when it comes to withdrawals they are going silent. I hope I will get at least my deposit back but so far they don`t accept any withdrawals.
    2023-03-14 19:06
    3
    0
    0
    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!
    2023-03-01 09:25
    Reply
    0
    0
    14
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    United States
    ※ The content of this website abides with local laws and regulations.
    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;
    License or other information error corrections, please send the information to:qawikifx@gmail.com
    Cooperation:fxeyevip@gmail.com