Company Summary
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 and Cons
| 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 |
Is EnclaveFX Legit?
No, EnclaveFX is unregulated. It operates without being monitored by established financial regulatory bodies. Please be aware of the risk!
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 | ❌ |
Account Type
| 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 |
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 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
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
| 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) |
KuoChuan
United Kingdom
EnclaveFX tricked me and took all my money. They changed my password and made it look like I lost money to take all my money. They didn't give me my money back and didn't reply to my messages. Instead, they made fake orders to have a reason to say no to my request. the former account manager of Enclavefx, brought me into the scam. Pratik Shah, the boss of Enclavefx, remains at large. They blacklisted me, and should be ashamed.
Exposure
KuoChuan
United Kingdom
EnclaveFX is a total SCAM. EnclaveFX made up fake losing orders to take my money. Be careful if you're considering using EnclaveFX. They tricked me and took all my money. They changed my password and made it look like I lost money to take all my money. They didn't give me my money back and didn't reply to my messages. Instead, they made fake orders to have a reason to say no to my request. The former account manager brought me into the scam. The boss of EnclaveFx remains at large. They blacklisted me.
Exposure
12584612
United Arab Emirates
IB Name: kimbo3456789@gmail.comSales Name: Muhammad MudassirI recommended a client to them, and after the client made money, the platform started not providing any funds, even principal. The platform received a total of $170000. All accounts and transactions of the customer have been converted into losses. The IB account attempted to increase the commission, but after obtaining approval, no payment was made. They do more publicity and want more customers, but they will close the company and run away with money within a year. Please do not trust this fake Dubai platform. Why didn't the boss with no conscience pay me the commission
Exposure
Wingwing Ng
Belarus
EnclaveFX has a standard minimum deposit that's fair for most traders. Their deposit and withdrawal process is straightforward and efficient, but it's not necessarily the fastest or most innovative.
Neutral
Tutunana
Argentina
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.
Neutral
sunny91
Malaysia
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?
Positive
Kikoyo
Australia
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.
Neutral
FX6604321292
Hong Kong
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
Neutral
fxvo2200
Romania
Biggest scammers in Forex... They blocked my access to my account and portal and didn`t even give my deposit back... AVOID
Exposure
fxvo2200
Romania
They never approved any withdrawals even for my deposit and after a while, they closed my account and restricted my access to the client portal, see photosThey never answer emails messages or WhatsApp as soon as they need to give you moneyThe biggest Scammers in Forex I have ever come acrossStay away from these people
Exposure
小偉
Taiwan
I opened an EnclaveFX trading account on 2023/03/28, deposited 130 USD through USDT-TRC20 on 2023/03/28 (as shown in the picture), and deposited 370 USD through USDT-TRC20 on 2023/03/30 (as shown in the picture) ,2023/04/03 Withdrawal of 1150 USD via USDT-TRC20 (as shown in the attached picture), until today 2023/04/07 no withdrawal has been processed, no reply to the customer service (as shown in the attached picture), and the billing in the background is also No response (as attached)
Exposure
fxvo2200
Romania
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.
Exposure
Fx4679443
United Kingdom
They are the worst investment platform than you will empty accounts faster than any bank in history , i almost lost all my life savings on your website I appli ed for a r fund with Cyb3rnub IT security and has absolutely nothing to say your customer service only says sorry
Exposure
can5551
Turkey
06/12/2022 I requested a withdrawal and then they closed my account. They confiscated my earnings on the pretext that you manipulated our company. I applied to the relevant places, but the process is very long.
Exposure
FX1290466291
Malaysia
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!
Positive
abaris
Turkey
Enclavefx closed my account all of a sudden. They said they would give me my money within 3 working days. They said they would not give me my money under the pretext of manipulating the system. My $15814 money was inside. This company is fraudulent. Don't throw money away. Stay away.
Exposure
uğur özyiğit
Turkey
Enclavefx closed my account all of a sudden. They said they would give me my money within 3 working days. They said they would not give me my money under the pretext of manipulating the system. My $15814 money was inside. This company is fraudulent. Don't throw money away. Stay away.
Exposure
kimbu20
Turkey
Enclave approved my money. but he didn't send me my money. The company does not respond in any way. No response from email or website. I am afraid of being scammed. I have the evidence. The information is available in the appendix. I request my money back as soon as possible.
Exposure
kimbu20
Turkey
I've been dealing with it for 1 month and it doesn't give my approved money. I sent hundreds of messages and e-mails. they always stalled. no response at this time. I am a victim.
Exposure
gizem
Turkey
when I requested 3280 usdt withdrawal from my account, they closed my access to my account. They said wait 3 working days, then they asked for 1 more week, but they did not deposit my money. I have a total of 8018 usdt money inside. I can't take a screenshot because they're blocking my access to my account, but it will be visible upon review. they took my money. ENCLAVEFX IS A SCAM, UNRELIABLE COMPANY. STAY AWAY!!
Exposure