Enclave FX – Minimum Deposit

Enclave FX offers a minimum deposit of $10 This minimum deposit amount is equivalent to ZAR 161 at an average current exchange rate between the US Dollar and the South African Rand at the time of writing.

Enclave FX at a glance

Overall Rating

4.3/5

Rated #496 of
Recommended FX Brokers

Minimum Deposit

–

Regulators

–

📱 Trading Desk

–

₿ Crypto

Yes

📈 Total Pairs

–

Islamic Account

Yes

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

Open a Real Account

Enclave FX Minimum Deposit Revealed – A Key 9 Point Quick Overview

1. ✅Enclave FX at a glance
2. ✅Enclave FX Overview
3. ✅Enclave FX Minimum Deposit
4. Enclave FX Deposit fees and deposit methods
5. Step by step guide to deposit the Enclave FX minimum amount
6. Enclave FX Pros and Cons
7. Enclave FX Customer Reviews
8. Conclusion
9. Frequently Asked Questions

Enclave FX Overview

Enclave FX is a self-regulated forex broker which was established in 2018 and has headquarters in London, United Kingdom. The broker provides solutions in online trading and consists of a team of highly qualified and experienced people dedicated to the field of brokerage service.

Since the founding of the company, it has branched out and today has a vast network of offices in countries like Europe, Africa, the Middle East, and South as well as Central Asia. The main aim of Enclave FX is to ensure that its clients find multiple opportunities in the rising as well as falling markets and to ensure that no one is confined to a single asset class.

With Enclave FX traders can trade in over 100 financial instruments in forex, CFDs, Cryptocurrencies, and Metals. The minimum required deposit amount is low with only $ 10 required on the Micro Account. The maximum leverage on all the account types is 1: 500 and spreads start from as low as 0.0 pips on the ECN and ECN Pro account types.

Enclave FX is a young established broker with a fully functioning website that uses SSL encryption and a two-factor authentication process as a measure of security.

Enclave FX Minimum Deposit

The minimum deposit required by Enclave FX is low at only $ 10. Enclave FX headquarters in London, United Kingdom, and one would think that it falls under the regulatory authority of the Financial Conduct Authority (FCA) since they are the watchful eye over most of the brokers registered in the United Kingdom.

With Enclave FX this is not the case since the broker is self-regulated. Since this is the case with this broker it is not clear if any other safety requirements are in place like a negative balance protection plan or if client funds are kept in segregated accounts.

The above-mentioned requirements are installed on most broker by regulatory bodies and financial institutions, amidst several other strict rules and regulations. One that is of the utmost importance it that all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities. Whether this is the case with Enclave FX is not clear and there is no mention of it on its website.

Enclave FX Deposit fees and deposit methods

Enclave FX requires a minimum deposit of only $ 10 when registering for a Micro Account. It states that it accepts most of the popular payment methods when deposits are made into any of the live account types, but it gives no indication which payment accounts can be used.

Enclave FX accepts Bank wire transfers, Bitcoin, and India Cash when withdrawals are made. Withdrawals on Bitcoin takes between 1 and 3 hours, India Cash about 40 minutes and Bank Wire Transfer approximately 15 minutes.

Step by step guide to deposit the Enclave FX minimum amount

Traders can fund their accounts doing do from the own bank account by sending the funds to one of the live accounts that the trader has registered for with Enclave FX.

🟢 Step 1 – Log into your Enclave FX account

Traders can access the option to deposit the minimum amount from their personal area. Trader’s log into their personal area.

🟢 Step 2 – Enclave FX deposit option

Traders must then select the option for deposits, and follow the instructions to make a deposit into your Enclave FX trading account.

🟢 Step 3 – Transfer funds

Funds must be transferred in the same currency as the bank account which they are sending it to as currency conversion fees may be charged.

Enclave FX Pros and Cons

Enclave FX Customer Reviews

Best Support

Enclave FX gives the best support service so I will trade easily . thank you Enclavefx . I feel very fortunate to be part of the broker – Sue

i am very happy with EnclaveFx…

i am very happy with EnclaveFx service, it provides good return in PMS.. – Pam

Sign up bonus

I enjoy the perks of sign up bonuses offered by forex brokers, hopefully this can be considered for future offerings – Ed

You might also like: Enclave FX Review

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You might also like: Enclave FX Fees and Spreads

You might also like: Enclave FX Islamic Account

You might also like: Enclave FX Sign up Bonus

Overall Rating

4.3/5

Rated #496 of
Recommended FX Brokers

Minimum Deposit

–

Regulators

–

📱 Trading Desk

–

₿ Crypto

Yes

📈 Total Pairs

–

Islamic Account

Yes

 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

Open a Real Account

Conclusion

Overall, Enclave FX is still a new broker that shows potential as a CFD broker. In addition to offering competitive rates and a powerful trading platform, the broker also caters to a variety of traders despite their level of trading experience. Enclave FX is not the best choice as a brokerage firm, since it is self-regulated. Even though its headquarters is in London, it is not registered with the FCA which is the authority that watches over most of the brokers in the UK.

The leverage and spreads offered is high when compared to other newly established brokers although it does offer to trade on the MetaTrader 5 platform. Some traders also prefer web-based software, and it does not seem that Enclave FX offers this option which has isolated it from most traders.

Frequently Asked Questions

Can I make the Enclave FX minimum deposit in ZAR?

Enclave FX offers its minimum deposit in various of currencies, but advises traders to make deposits and withdrawals in currencies listed on the website to avoid any conversion fees that might occur.

Are my deposits safe with Enclave FX?

Enclave FX is self regulated, therefore trading is done at your own risk.

What are the deposit methods for Enclave FX?

Enclave FX accept most of the popular payment methods in which to make deposits. Withdrawals can be made through Bitcoin, Bank Wire Transfer, and India Cash.

How long does it take to make a withdrawal?

This depends on the payment method uses and can be anything from approximately 15 minutes to three hours.

Does Enclave FX accept Bitcoin?

Yes, Enclave FX offers traders the option of making deposits and withdrawals through bitcoin.