Is Enterprise London Limited a reliable broker, or a scammer ?

What Enterprise London Limited is

Enterprise London Limited is an online forex broker that provides high-level trading services in currencies, commodities, raw materials, stocks, and cryptocurrencies, which is located at 40 Gracechurch Street, London EC2N 4AY United Kingdom. This broker is currently not regulated by any regulatory institution. This means your money can not be safe if you invest with such an unlicensed broker. According to WikiFX, Enterprise London Limited has been given a very low rating of 1.05/10. Therefore, the traders who want to invest in this broker need to be aware of the potential risks.

Account types and minimum deposit

According to its website, Enterprise London Limited offers five types of accounts: VIP account with a minimum deposit of €100,000, platinum account with a minimum deposit of €50,000, gold account with a minimum deposit of €10,000, silver account with a minimum deposit of €5,000, bronze account with a minimum deposit of €1,000.

Trading platform

On its website, Enterprise London Limited doesnt mention the MT4/MT5 platform at all. It seems that Enterprise London Limited is using non-MT4/MT5 platforms.

Customer Service

Enterprise London Limited offers 24/5 customer support via a range of contact methods. Traders can reach them through different channels such as email, live chat, or by phone. It claimed that the support team is always ready to give advice or help solve a technical problem. Besides, this broker only supports two languages: English and Russian.

Unable to withdraw

The trader from Italy claimed that the broker didnt want to let the trader withdraw money. The broker asked him/her to open another account with an extra €500 after the trader insisted to withdraw money.

Conclusion:

When you look for a broker to conduct your trading activities, the initial thing you need to do is to identify the broker‘s certification. Enterprise London Limited is not a regulated broker, and it currently doesn’t hold a legitimate license. For your money safe, we advise you to keep your money away from this broker. WikiFX contains details of more than 31,000 global forex brokers, which gives you a significant advantage while seeking the best forex brokers. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP for free through this link (https://www.wikifx.com/en/download.html). Running well in both the Android system and the IOS system, the WikiFX APP offers you the easiest and most convenient way to seek the brokers you are curious about.