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86fxtrade Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:39

Abstract:86FXTrade is a trading platform that was launched in 2022. Utilizing the popular MT5, 86FXTrade offers over 70 tradable products. The platform provides several account types. However, it is not regulated and their minimum deposit requirements are too high.

AspectInformation
Registered Country/AreaUnited States
Founded year2022
RegulationUnregulated
Tradable assetsForex, share indexes, energy carriers, and commodity futures
Demo accounts✔
Maximum LeverageUp to 1:100
SpreadsFrom 1.2 pips
Trading PlatformsMetaTrader 5 (MT5)
Customer SupportPhone: +12015283874
Email: support@86fxtrade.com

  86FXTrade is a trading platform that was launched in 2022. Utilizing the popular MT5, 86FXTrade offers over 70 tradable products. The platform provides several account types. However, it is not regulated and their minimum deposit requirements are too high.

86FXTrade's homepage

Pros and Cons

ProsCons
Range of tradable assetsAbsence of regulatory oversight
MT5 availableHigh deposit minimum and spreads
No commissions chargedNo 24/7 customer support
Security measures provided

Is 86fxtrade Legit?

  86fxtrade claims it offers many security measures including Investor Compensation Scheme, and Negative Balance Protection. It claims it is regulated by MFSA. However, the MFSA has warned that it is a unlicensed exchange.

MFSA warning
client protection

What Can I Trade on 86fxtrade?

  86fxtrade offers 70 instruments available for trading, including forex, share indexes, energy carriers, and commodity futures.

Tradable InstrumentsSupported
Forex✔
Commodities✔
Indices✔
Cryptocurrencies❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on 86fxtrade?

Account Type

  86fxtrade offers two main kinds of accounts: the Weekly and Monthly accounts. Each account has different sub-account type.

  In the Weekly account, you can choose the Basic, Starter, Deluxe, Executive, and Gold accounts with the minimum deposits of $300, $1,000, $2,000, $3,000, and $4,000 respectively.

  Besides, in the Monthly account, there are the Premium, VIP, VIP Luxury, Silver Platinum, Gold Platinum, VIP Gold Platinum, Gold Luxury Platinum with the minimum deposits of $5,000, $75,000, $150,000, $350,0000, $500,000, $750,000 and $1,000,000 respectively. To this end, their minimum deposits are rather high.

Account TypeMinimum Deposit (USD)Deposit BonusScalpingDaily SignalsFinancial Plan
Weekly
BASIC$30010%✓✓✓
STARTER$1,00015%✓✓✓
DELUXE$2,00025%✓✓✓
EXECUTIVE$3,00035%✓✓✓
GOLD$4,00050%✓✓✓
Monthly
PREMIUM$5,00075%✓✓✓
VIP$75,00095%✓✓✓
VIP LUXURY$150,000120%✓✓✓
SILVER PLATINUM$350,000145%✓✓✓
GOLD PLATINUM$500,000150%✓✓✓
VIP GOLD PLATINUM$750,000185%✓✓✓
GOLD LUXURY PLATINUM$1,000,000250%✓✓✓
Account comparison

Leverage

  86fxtrade offers leverage up to 1:00. High leverage can lead to significant gains, but it also increases the risk of substantial losses.

86fxtrade Fees

Account TypeSpreadsCommission
Weekly
BASIC1.9None
STARTER1.5
DELUXE1.2
EXECUTIVE1.2
GOLD1.2
Monthly
PREMIUM1.9None
VIP1.5
VIP LUXURY1.2
SILVER PLATINUM1.2
GOLD PLATINUM1.2
VIP GOLD PLATINUM1.2
GOLD LUXURY PLATINUM1.2

Trading Platform

  86fxtrade offers MT5 trading platform. Developed in 2000 by MetaQuotes Software Corporation, the MetaTrader 5 (MT5) platform swiftly became one of the world's most popular trading platforms across desktop, Android, and iOS platforms.

MT5

Deposit and Withdrawal

  86FXTrade offers credit/debit card payments (Visa, Mastercard), e-wallets (such as Webmoney, Neteller), and Bitcoin for deposits and withdrawals. It does not charge any fees for deposits but charges 2.9% for NETELLER and Skrill withdrawal.

Payment methods

Related broker

Not Regulated
86fxtrade
Company name:P24O Ltd.
Score
1.46
Website:https://www.86fxtrade.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.46

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