EnclaveFX review: Trading instruments, Trading platforms, Broker features, and Traders ratings.

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Updated: Jan 22, 2024

What is EnclaveFX?

EnclaveFX is a forex broker with the top forex trading platform of MetaTrader 5 (MT5) in Desktop and Mobile version.

EnclaveFX.com offers over 35 forex currency pairs, CFDs, gold, silver, other metals, oil, indices, bitcoin and other cryptocurrencies for your personal investment and trading options.

Please read Enclave FX Reviews below and share your live trading experiences with this broker.

EnclaveFX.com is not related to site https://www.enclaveforex.com.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $10
Established: 2018
Address: 2nd Floor, College House, 17 King Edwards Road, RUISLIP, London, UNITED KINGDOM, HA4 7AE, United Kingdom
Contact: support@enclavefx.com, +44 7451200066(UK), 971-58-8801506.(UAE)
Regional offices:
Prohibited countries:
Trading platforms: MT5
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (35+)
Cryptocurrencies: (5+) Bitcoin, Litecoin, Ethereum
CFD: (20+) Gold, Silver, Other Precious Metals, Stock Indexes, Other Commodities

Trading Conditions

Hedge: ✅ Yes
EAs/Robots: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

Copy Trading: ✅ Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), Bitcoin, Tether (USDT)
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), Bitcoin, Tether (USDT)
* Please check broker website for more information

Recent User Reviews of EnclaveFX

Melbourne, Australia,
Nov 12, 2022,
Registered user

asked for verification & tax fee, then stopped access to broker account

Service use: Live Length of use: 3-6 Months
Happened in Melbourne Australia (started in Sept22)

I was approached by a female person via whatsapp, she managed to convince me to sign up for a broker account and the broker name is CangLimited. I am a new trader so did not know that this will happen.

We traded for about 6 weeks and all trade are 100% win-rate (traded 2-3 per week). She even funded my account (650USDT=$1000AU) to bait me to trade and insist that I should increase the account by applying for a loan (virutal loan online) which eventually happened (as part of the a bait).

After couple of week, I received an email that CangLimited is miragting to another broker (enclavefx)
migration completed and trading continue.
Prior to this incident, I was able to withdraw small amount (1st: 150usdt then 2nd: 1500usdt), which I thought looks all fine.

But everything started falling when I made profit of about 72kusd. so I sent a withdrawal request but was dismissed. Received an email from Enclavefx advising that they need to do a profile verification for money laundering and at the same time my account will be freeze while they are doing the check. They also ask for a fee of 10459.20000000 USDT.
after 24hrs, the Verification completed and the account was un-freeze.

Couple of days past, sent another withdrawal request but dismissed again, this time enclavefx reason is that I need to pay tax on the profit made. So the same thing, I comply with the fee of 13718.20000000 USDT and sent it to them.

They advised that the tax check will be completed within 15/30, they also offer to become VIP to reduce the waiting period to 24 hours. The smallest VIP fee is 16800USDT which I did not sign up because I no longer have any more money to add and I though ok I will just wait for 15/30 days.

On 09November 2022, I tried checking my account on the broker page but the page is no longer working (page is unknown) using this URL https://enclave.mt5crm.cc/UserBO3/login.php
The mt5 apps on my mobile phone and as well as from the PC are still working.
The mt5 apps was downloaded from the enclavefx.com website.

This is the puzzle to be solve, If the scammer is hiding behind enclavefx.com company, then why the mt5 app works when I log in to the account? Enclavefx claims that the domain I used is not them. I have the email response from enclavefx saying this.

Also, if you visit enclavefx.com website, they are associated with another investment company called HLK group AFSL number 435746 and regulated with ASIC.

After speaking with ASIC, they provided me a contact person in HLK Groupd which I have sent an email to enquire. If you visited HLK group, the website does not ask for tax payment nor accept USDT cryptocurrency.

Do not send any USDT to any address, if you are unsure, contact the binance team and ask them to check the destionation address as they can trace if the address is legit or not. so as you can imagine, the address I sent the USDT fees on my case are not traceable.

I reported them to cybercrime AU and law enforcement in the UK
please note that this is my own experience dealing with this scam.
Yang Guang
Brazil, Brazil,
Nov 9, 2022,
Registered user

Withdraw is not allowed any time

Service use: Other Length of use: 0-3 Months
I invest on it all my money to learn how to use. When I was withdraw my money to pay the month bill they told me that I can't. Now I do not have the money to pay my Bill's. What can I do?