EnclaveFX-Overview of Minimum Deposit, Leverage, Spreads

EnclaveFX | 2024-05-29 09:42

摘要：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
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)