Enclave FX – Demo Account

Yes, Enclave FX does offer a demo account, with Enclave FX demo account imitating a live trading environment traders have access to the same features, options, and functions that they would normally get on a live trading account.

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 Demo Account Revealed – A Key 8 Point Quick Overview

1. ✅Enclave FX at a glance
2. ✅Enclave FX Overview
3. ✅How to set up an Enclave FX Demo Account – Step by Step
4. Enclave FX Demo Account Features
5. Enclave FX Pros and Cons
6. Enclave FX Customer Reviews
7. Conclusion
8. 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.

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

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

• Step 1 –  Navigate to the Enclave FX website

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

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

After clicking on the link traders will be redirected to a page where they can sign up for a forex demo 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 demo 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 demo account.

• Step 3 – Recieve 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 demo account number, automatically generated password, and server.

Trades can now resume, and traders have a choice of over 180 financial instruments to trade in.

Enclave FX Demo Account Features

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.

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 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

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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 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

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

Is the Enclave FX Demo account rigged?

The Enclave FX demo account is a practice account that mimics a live trading environment and we cannot conclude that the demo account is rigged.

Can you withdraw money from an Enclave FX demo account?

Enclave FX does not allow withdrawals from the demo account.

Does Enclave FX offer a demo account?

Yes Enclave FX does offer traders the option of a demo account

For how long is the demo account valid?

Not indicated on the Enclave FX website

Is Enclave FX a good option for beginner traders?

Enclave FX can be considered a good option for beginners who want to practice trading on a demo account before opening a live Enclave FX account.