All Share (J203) = 89 898
Rand / Dollar = 18.28
Rand / Pound = 23.70
Rand / Euro = 19.73
Gold (usd/oz) = 3 054.94
Platinum (usd/oz) = 986.78
Brent (usd/barrel) = 73.20
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Enclave FX – Account Types

Enclave FX Account Types

Enclave FX offers eight live account types, namely: The Micro, Standard, Silver, Gold, Platinum, Diamond, ECN and ECN Pro account. Enclave FX has a minimum deposit of $10 or currency equivalent.

 

Enclave FX at a glance

🔍 Broker's NameEnclave FX
🏛 HeadquarteredLondon. United Kingdom
📅 Year Founded2018
🏛 Regulating AuthoritiesSelf-regulated
🌐 Countries not accepted for tradeNon indicated on the website
☪️️ Islamic Account (Swap Free)Yes
📒 Demo AccountYes
📒 Institutional AccountsNo
💻 Managed AccountsNo
📊 Maximum Leverage1:500
💳 Minimum Deposit$10
💳 Deposit Options

Withdrawal Options

Bank wire transfer
Bitcoin
India Cash
💻Platform TypesMetaTrader5
📲 OS CompatibilityDesktop, Android, and iOS devices
📊 Tradable AssetsForex
CFDs
Cryptocurrencies
Metals
🌐 Languages supported on WebsiteEnglish
☎ Customer Support LanguagesEnglish
☎ Customer Service Hours24 hours a day, 5 days a week

 

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

 

Enclave FX Account Types Revealed – A Key 12 Point Quick Overview

  1. Enclave FX at a glance
  2. Enclave FX Account Types Revealed:
  3. Enclave FX Overview
  4. Enclave FX Account Types
  5. Enclave FX Account Features
  6. How to set up an Enclave FX Trading Account – Step by Step
  7. Enclave FX Demo Account
  8. Enclave FX Islamic Account
  9. Enclave FX Pros and Cons
  10. Enclave FX Customer Reviews
  11. Conclusion
  12. Frequently Asked Questions

 

Enclave FX Overview

 

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, CFDsCryptocurrencies, 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 Overview

 

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 Overview

 

Enclave FX Account Types

 

Enclave FX offers traders eight account types to choose from, namely The Micro, Standard, Silver, Gold, Platinum, Diamond, ECN and ECN Pro account. Through these live accounts, traders will find that Enclave FX offers competitive trading conditions along with comprehensive solutions and services.

 

Enclave FX Account Types

 

Enclave FX Account Features

 

The main difference in the live account’s features are as follows:

 

Micro Account

 

Micro Account Type

 

Features
💰 Minimum Deposit$10
ZARR161 ZAR
💳 Spreads2.2 pips
Commissions
📉 SwapFree
📍 Market Execution

 

Standard Account

 

Standard Account Type

 

Features
💰 Minimum Deposit$500
ZARR8050 ZAR
💳 Spreads1.8 pips
📊 Maximum Leverage1:500
Commission
📉 Swap Free
📍 Market Execution

 

Silver Account

 

Silver Account Type

 

Features
💰 Minimum Deposit$1000
ZARR16 100 ZAR
💳 Spreads1.5 pips
Commissions
📊 Maximum Leverage1:500
📉 SwapFree
📍 Market Execution

 

Gold Account

 

Gold Account Type

 

Features
💰 Minimum Deposit$1200
ZARR19 320 ZAR
💳 Spreads1.2 pips
Commissions
📊 Maximum Leverage1:500
📉 SwapFree
📍 Market Execution

 

Platinum Account

 

Platinum Account

 

Features
💰 Minimum Deposit$1500
ZARR24 150 ZAR
💳 Spreads1.0 pips
Commissions
📊 Maximum Leverage1:500
📉 Swap Free
📍 Market Execution

 

Diamond Account

Diamond Account

 

Features
💰 Minimum Deposit$1800
ZARR28 800 ZAR
💳 Spreads0.7 pips
Commission
📊 Maximum Leverage1:500
📉 SwapFree
📍 Market Execution

 

ECN Account

 

ECN Account

 

Features
💳 Minimum Deposit$2000
ZARR32 000 ZAR
💳 Spreads0.0 pips
💰 Commissions$10
📊 Maximum Leverage1:500
📉 SwapFree
📍 Market Execution

 

ECN Pro Account

 

ECN Pro Account

 

Features
💰 Minimum Deposit$2500
ZARR40 250 ZAR
💳 Spreads0.0 pips
💰 Commissions$7
📊 Maximum Leverage1:500
📉 SwapFree
📍 Market Execution

 

On all the account types available the maximum leverage offered is 1: 500 and any of them can be converted into a Swap-free account. A commission fee of $ 10 is charged on the ECN Account and $ 7 on the ECN Pro Account.

 

How to set up an Enclave FX Trading Account – Step by Step

 

The following steps can be followed to register and set up a live account with Enclave FX:

 

  • Step 1 –  Navigate to the Enclave FX website

 

Log onto the Enclave FX website and select the link ‘Create Account’ which can be found on the top right-hand corner of the homepage.

 

How to open an Enclave FX trading account step 1

 

  • Step 2 – Fill out the Enclave FX account registration form

 

After clicking on the link traders will be redirected to a page where they can sign up for a forex live account. Traders will be required to complete an online digital registration form and provide their First and Last Name, telephone number, email, country of residence, leverage and select a balance for the live account.

 

At the bottom of the registration form, traders also need to verify the code given on the page before submitting the request to open a live account.

 

How to open a Enclave FX trading account step 2

 

  • Step 3 – Receive the confirmation email and start trading

 

After submitting the registration form, traders will receive a confirmation email at the address that they provided. It will also contain the trader’s live account number, automatically generated password, and server.

 

How to open a Enclave FX trading account step 3

 

Enclave FX Demo Account

 

Enclave FX Demo Account

 

Enclave FX’s demo account copycats a live trading account since traders have access to the same features, functions, and options that they would have on a live trading account. The only difference is that the demo account is risk-free since traders make use of virtual funds to trade-in. Traders should be aware that due to this, they cannot withdraw any profits which are made on the demo account.

 

🌐 Enclave Demo Account Features:Risk- Free
Live trading enviroment
MetaTrader5 Platform
180+ Instruments

 

With Enclave FX, traders trade through the MetaTrader 5 platform which means that traders will have access to the various functions, tools, features, and more, which is offered by this trading platform. Enclave FX’s  sign-up process is hassle free and fully digitalized.

 

Enclave FX Islamic Account

 

Enclave FX offers Muslim traders who follow the Sharia law with the option of opening an Islamic Account on all the live account types. Traders does, however, first must register for the live account type of their choice before they can apply to have it converted to an Islamic Account.

 


☪️️ Enclave FX Islamic Account Features:
Follows strict Sharia law
Available on all account types
Minimum deposit$10

 

Enclave FX offers an Islamic Account to Muslim traders who follow the Sharia law with the same features as any of the live trading accounts on offer. More information on the opening of an Islamic account and its features can be obtained from customer services since there is not much information available on the broker’s website.

 

Enclave FX Pros and Cons

 

✔ PROS ❌CONS
Commission-free trading offered on the Micro and Standard account typesFew payment methods accepted
Demo account availableLack educational and research tools
Islamic Swap-free account offeredNo fixed accounts offered
MetaTrader 5Self-regulated

 

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

IG 5 Star Review

i am very happy with EnclaveFx…

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

IG 4 Star Review

Sign up bonus

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

IG 3 Star Review

 

You might also like: Enclave FX Review

You might also like: Enclave FX Demo Account

You might also like: Enclave FX Fees and Spreads

You might also like: Enclave FX Islamic Account

You might also like: Enclave FX Minimum Deposit

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

 

Frequently Asked Questions

 

Can traders from South Africa open a Enclave FX trading account?

 

Yes, Enclave FX caters to traders globally and offers IB programs to all traders including South African traders.

 

Does Enclave FX have ZAR accounts?

 

No, Enclave FX does not offer any ZAR accounts.

 

How many Instruments can I trade with a Enclave FX account?

 

You can trade the following financial instruments:

  • Forex
  • CFDs
  • Cryptocurrencies
  • Metals

 

Is Enclave FX a good broker to choose if I am new to trading?

 

Enclave FX caters to beginners traders through their demo account.

 

What currencies can I trade with Enclave FX?

 

USD, EURO, JPY, Yen, GBP, Pound, CHF and more.

4.5/5 - (15 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

July 4, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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