Forex EnclaveFX Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

EnclaveFX Trading Conditions

Registered Region United Kingdom

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@enclavefx.com

Contact Number +447451200066

Website enclavefx.com

Balanced Review

Pros & Cons

Pros

Low minimum deposit starting at $10
Leverage up to 1:500 available
Diverse selection of trading instruments including forex and CFDs
MetaTrader 5 platform with advanced trading tools
24/5 customer support via multiple channels

Cons

Not regulated by any recognized financial authority
Risk of fraudulent activity due to unregulated status
Limited educational resources for traders
Variable spreads can affect trading costs
Withdrawal issues reported by users

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	EnclaveFX	FXTM	EC Markets	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	United Kingdom	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does EnclaveFX Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Micro Account	Beginner traders	Low minimum deposit, suitable for practice	Minimum deposit of $10
Standard Account	General retail traders	Standard trading features	Minimum deposit of $500
Silver Account	Intermediate traders	Enhanced features and flexibility	Minimum deposit of $1,000
Gold Account	Experienced traders	Competitive spreads and benefits	Minimum deposit of $1,200
Platinum Account	Professional traders	Premium services and low spreads	Minimum deposit of $1,500
Diamond Account	High-capital traders	Exclusive benefits and high leverage	Minimum deposit of $1,800
ECN Account	Professional traders	Direct market access and low costs	Minimum deposit of $2,000
ECN Pro Account	Advanced traders	Advanced trading conditions	Minimum deposit of $2,500

Account Opening Process

To open an account with EnclaveFX, prospective traders need to follow several steps. Initially, they must provide personal information, including identity verification documents such as an ID and proof of address. Additionally, information regarding employment and financial status is required. After account creation, traders have the flexibility to upgrade to a professional account later if they meet the necessary criteria.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	Varies	$0	Competitive spreads available
CFDs (Stocks, Indices, Commodities)	Varies	$0	No commissions on most products
Cryptocurrencies	Varies	$0	Variable based on market conditions

Other Fees

Additional costs may include deposit and withdrawal fees, inactivity fees for dormant accounts, any applicable platform usage fees, overnight interest (swap rates), and potential currency conversion fees. Traders should review these aspects to fully understand the cost associated with their trading activities.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

EnclaveFX User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

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. They blacklisted me, and should be ashamed.

uğur özyiğit

Turkey

★ ★ ★ ★ ★

EnclaveFX closed my account all of a sudden. They said they would give me my money within 3 working days but then claimed I manipulated the system. My $15,814 was inside. This company is fraudulent. Don’t throw money away. Stay away.

sunny91

Malaysia

★ ★ ★ ★ ★

Hellooo, Wall Street! I’ve been trading currencies and CFDs with EnclaveFX for a good few years now. Their maximum leverage of 1:500 is fantastic. The initial deposit is just $10! I had a minor issue while withdrawing, but their live chat support sorted me out quickly. Overall, a solid experience.

Kikoyo

Australia

★ ★ ★ ★ ★

Hey, mates! Just an Aussie bloke trading with EnclaveFX. The spread starts at 0.0 and the deposit/withdrawal via bank transfers is smooth. I had a little issue once, but their email support resolved it faster than I expected. Highly recommend them for a trading platform!

United Kingdom Market