86FXTRADE Review : Fees, Pros and Cons, Reviews by Real Traders

86FXTRADE

Operating status: SCAM

Website: https://www.86fxtrade.com/

Broker violations and abnormal records

Aug 07, 2022 The Malta MFSA Added 86FXTRADE into Its Warnings
On 8 Aug 2022, the Malta Financial Services Authority (MFSA) issued a warning that 86FXTRADE is not a Maltese registered company nor licensed or otherwise authorized by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorized under Maltese law. You may visit: https://www.mfsa.mt/news-item/mfsa-warning-86fxtrade-p240-ltd-unlicensed-exchange/

On 8 Aug 2022, the Malta Financial Services Authority (MFSA) issued a warning that 86FXTRADE is not a Maltese registered company nor licensed or otherwise authorized by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorized under Maltese law. You may visit: https://www.mfsa.mt/news-item/mfsa-warning-86fxtrade-p240-ltd-unlicensed-exchange/
Aug 09, 2022 BrokersView has Reviewed that 86FXTRADE is an Unregulated Forex Broker
86FXTRADE claims to be a regulated broker under multiple regulations including the Malta Financial Services Authority (MFSA), the United Kingdom Financial Conduct Authority (UK FCA), the France Autorité des Marchés Financiers (AMF), the Germany Federal Financial Supervisory Authority (BaFin), the Italy Commissione Nazionale per le Società e la Borsa (CONSOB), the Spain National Securities Market Commission (CNMV), the Denmark FINANSTILSYNET (Danish FSA), and two made-up regulators "the US Financial Services Authority" and "the French Prudential Supervisory Authority (ACP)". Please be informed that the United States National Futures Association (NFA) is the forex regulator in the USA.
We searched the mentioned regulators accordingly.
The result is that we did not find any results that matched this broker in UK FCA, AMF, BaFin, CONSOB, Danish FSA, CNMV or NFA. That means 86FXTRADE is not authorized to provide financial services in the UK, France, Germany, Italy, Denmark, Spain or the USA. Moreover, we found that MFSA issued a warning that 86FXTRADE is not a Maltese registered company nor licensed or otherwise authorized by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorized under Maltese law.
The truth is that 86FXTRADE is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

86FXTRADE claims to be a regulated broker under multiple regulations including the Malta Financial Services Authority (MFSA), the United Kingdom Financial Conduct Authority (UK FCA), the France Autorité des Marchés Financiers (AMF), the Germany Federal Financial Supervisory Authority (BaFin), the Italy Commissione Nazionale per le Società e la Borsa (CONSOB), the Spain National Securities Market Commission (CNMV), the Denmark FINANSTILSYNET (Danish FSA), and two made-up regulators "the US Financial Services Authority" and "the French Prudential Supervisory Authority (ACP)". Please be informed that the United States National Futures Association (NFA) is the forex regulator in the USA.We searched the mentioned regulators accordingly. The result is that we did not find any results that matched this broker in UK FCA, AMF, BaFin, CONSOB, Danish FSA, CNMV or NFA. That means 86FXTRADE is not authorized to provide financial services in the UK, France, Germany, Italy, Denmark, Spain or the USA. Moreover, we found that MFSA issued a warning that 86FXTRADE is not a Maltese registered company nor licensed or otherwise authorized by the MFSA to provide any investment services or other financial services which are required to be licensed or otherwise authorized under Maltese law.The truth is that 86FXTRADE is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Oct 21, 2025 BrokersView has identified that 86FXTRADE's website is currently offline
BrokersView found that the domain "https://www.86fxtrade.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

BrokersView found that the domain "https://www.86fxtrade.com/" is currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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