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 Name | Enclave FX |
🏛 Headquartered | London. United Kingdom |
📅 Year Founded | 2018 |
🏛 Regulating Authorities | Self-regulated |
🌐 Countries not accepted for trade | Non indicated on the website |
☪️️ Islamic Account (Swap Free) | Yes |
📒 Demo Account | Yes |
📒 Institutional Accounts | No |
💻 Managed Accounts | No |
📊 Maximum Leverage | 1:500 |
💳 Minimum Deposit | $10 |
💳 Deposit Options Withdrawal Options | Bank wire transfer Bitcoin India Cash |
💻Platform Types | MetaTrader5 |
📲 OS Compatibility | Desktop, Android, and iOS devices |
📊 Tradable Assets | Forex CFDs Cryptocurrencies Metals |
🌐 Languages supported on Website | English |
☎ Customer Support Languages | English |
☎ Customer Service Hours | 24 hours a day, 5 days a week |
Enclave FX Account Types Revealed – A Key 12 Point Quick Overview
- ✅Enclave FX at a glance
- ✅Enclave FX Account Types Revealed:
- ✅Enclave FX Overview
- Enclave FX Account Types
- Enclave FX Account Features
- How to set up an Enclave FX Trading Account – Step by Step
- Enclave FX Demo Account
- Enclave FX Islamic Account
- Enclave FX Pros and Cons
- Enclave FX Customer Reviews
- Conclusion
- 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 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 Features
The main difference in the live account’s features are as follows:
Micro Account
Features | |
💰 Minimum Deposit | $10 |
ZAR | R161 ZAR |
💳 Spreads | 2.2 pips |
Commissions | ❌ |
📉 Swap | Free |
📍 Market Execution | ☑ |
Standard Account
Features | |
💰 Minimum Deposit | $500 |
ZAR | R8050 ZAR |
💳 Spreads | 1.8 pips |
📊 Maximum Leverage | 1:500 |
Commission | ❌ |
📉 Swap | Free |
📍 Market Execution | ☑ |
Silver Account
Features | |
💰 Minimum Deposit | $1000 |
ZAR | R16 100 ZAR |
💳 Spreads | 1.5 pips |
Commissions | ❌ |
📊 Maximum Leverage | 1:500 |
📉 Swap | Free |
📍 Market Execution | ☑ |
Gold Account
Features | |
💰 Minimum Deposit | $1200 |
ZAR | R19 320 ZAR |
💳 Spreads | 1.2 pips |
Commissions | ❌ |
📊 Maximum Leverage | 1:500 |
📉 Swap | Free |
📍 Market Execution | ☑ |
Platinum Account
Features | |
💰 Minimum Deposit | $1500 |
ZAR | R24 150 ZAR |
💳 Spreads | 1.0 pips |
Commissions | ❌ |
📊 Maximum Leverage | 1:500 |
📉 Swap | Free |
📍 Market Execution | ☑ |
Diamond Account
Features | |
💰 Minimum Deposit | $1800 |
ZAR | R28 800 ZAR |
💳 Spreads | 0.7 pips |
Commission | ❌ |
📊 Maximum Leverage | 1:500 |
📉 Swap | Free |
📍 Market Execution | ☑ |
ECN Account
Features | |
💳 Minimum Deposit | $2000 |
ZAR | R32 000 ZAR |
💳 Spreads | 0.0 pips |
💰 Commissions | $10 |
📊 Maximum Leverage | 1:500 |
📉 Swap | Free |
📍 Market Execution | ☑ |
ECN Pro Account
Features | |
💰 Minimum Deposit | $2500 |
ZAR | R40 250 ZAR |
💳 Spreads | 0.0 pips |
💰 Commissions | $7 |
📊 Maximum Leverage | 1:500 |
📉 Swap | Free |
📍 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.
- 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.
- 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.
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 types | Few payment methods accepted |
Demo account available | Lack educational and research tools |
Islamic Swap-free account offered | No fixed accounts offered |
MetaTrader 5 | Self-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
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
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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.
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