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EnclaveFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-01-13 14:17

Abstract: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.

  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
MT5✔Desktop, 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

Related broker

No Regulation
EnclaveFX
Company name:EnclaveFX Limited
Score
1.52
Website:https://enclavefx.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.52

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