We welcome the British broker, NLM 86 Limited, with over five years of experience and somewhat ambiguous online reviews. The firm offers access to an extensive range of instruments and trades with the help of its experienced and well-educated team to meet all your expectations. It sounds cool and great, but is it safe to deal with the company? After all, according to the website, it has not received a brokerage license from regulators, does not bring traders’ transactions to interbank liquidity or providers, and does not disclose the names of its founders.
How to Trade
Trading can start with a £100 initial deposit. This amount is required to open the first tariff. If a client wants more services, then the broker offers several types of accounts, but this will require more investment.
Those who can afford only the first type of account are offered almost nothing. Only daily news and a trial period of working with experts for 5 days are available. On the more expensive types of accounts from NLM 86 Limited, various services are available:
- Webinars and weekly CME reports.
- PAMM and copy-trading.
- IPO.
- Individual trading plan.
- And others.
The company also offers an investment account where clients can earn an income of 21% to 37% monthly. This tariff includes insurance, online money management, and other options.
NLM 86 Limited Vital Info
The exact date of the company’s foundation is unknown, but the section about the firm’s activities states that it has more than 5 years of experience. Is this really the case? Unlikely, as the domain of the official website was only registered on July 11, 2023. It means that the frrm could not have been operational before July 11.
The legal address is in London, United Kingdom. A check of the legal registry showed that a firm named NLM 86 Limited does indeed exist, but is it the same organization? It seems strange that the address is completely different: Bentley, Doncaster, and it has been operational since 2017. This company is also listed in the FCA registry, where entirely different contact details are provided. It’s unlikely that the legal entity found in Companies House and FCA has any connection with the website nlm86limited.com.
Not impressed at all. The headquarters is in London, yes, the address is indicated, but this organization is not registered at this address. Furthermore, a different company with the same name, operating since 2017, was found in England, and that broker apparently took its name and now uses someone else's brand to swindle people out of money. Obviously, cooperating with a fake company is not an option, as it will lead only to one outcome - the loss of money invested in the deposit. There is no confirmation that this particular NLM 86 Limited is legitimate. On the contrary, there are denials, such as the absence of reviews of its activities over 5 or more years, which definitely cannot be the case, and also a newly created domain. This scam broker is a clone.
Please spread the information about the fraud of www.nlm86limited.com everywhere you can. We need to warn people and save them from losing their deposits! Fraudsters like these must not be allowed to operate so easily and steal traders' money.
NLM 86 Limited is a company of crooks, thieves, and swindlers!!! Don't believe them, their website is full of lies and fakery!!! They might call you on the phone or write
I see no positives with Nlm 86 Limited. Only a small minimum deposit and easy account registration. But that's it for the pluses. Unique advantages are offered to users, but at what enormous sums do you need to invest to access IPO, PAMM, and other options. From 10,000 euros and more. Where have you seen such conditions? I know many brokers that offer all these opportunities to every trader and investor, not depending on the deposited amount. So think about whether it's worth getting involved here when there are better firms than Nlm86.
Looking at nlm86limited com, one gets the impression of a successful and safe broker. For instance, they have over 5 years of experience, and their headquarters are in the United Kingdom, one of the most reliable jurisdictions worldwide. I'm not some experienced trader, but these seem like good arguments in favor of the broker. The only thing I didn't like was some secrecy on the broker's part. The details and conditions are almost unknown. You either have to find out from active traders or communicate with managers. Why not disclose all the information in detail? Besides, nlm 86 limited is easily found in the legal registry and the British financial commission. Make your own conclusions, folks. I think it's worth trying to trade with a small amount, and gradually increase the deposit if everything is okay.
What a joke... it's been two weeks and still no withdrawal... when will you return the money, my scammer friends from NLM 86 LIMITED? Should I file a complaint with the FCA, or will you contact me yourself? Has anyone else encountered a refusal to withdraw funds here?
I recently met with a friend who told me a story of how he was scammed out of $2,500. He had invested in NLM 86 Limited, and then they stopped communicating with him and blocked his fund withdrawal. Initially, they promised mountains of wealth and easy earnings, a new car within a month, a new house in six months, and so on. Being very trusting, he invested all his savings. In other words, the friend gave all his money to fraudsters and swindlers.
Now he can't withdraw his money, and consulted with lawyers, but it was no use. The lawyers were told to forget about the money, as it's impossible to get it back.
I fully understand that NLM 86 is engaged in fraudulent activities. Trust my extensive experience; I know what I'm writing about. It's a classic example of a scambroker using someone else's brand to swindle people out of money. Do you really think they just randomly chose or came up with such a name? No. The fraudsters found NLM 86 Limited in the England registry, with a presence in the FCA registry, created the website nlm86limited.com, added brokerage services, connected a cashier and a trading platform. And they did all this for one purpose - to deceive naive and trusting traders without experience. Their goal is to steal money. It's a scam and a fake broker. So don't dare to invest money here, because you will 100% lose it. I see through such scammers; I know all their fraud schemes, so I write reviews on various sites to warn people about the danger.
I didn't really enjoy trading with NLM 86 Limited. I only managed to last about 5 days before I freaked out. Unfortunately, I didn't get to test the withdrawal process because I lost my money faster, but I suspect that this function probably doesn't work well or consistently here. I have major doubts about the company's legality and solvency.
Can I recommend this broker to other traders? Probably not. Of course, the firm has its positives, but they are very few. For example, the platform is good, not complicated, but multifunctional. And there's a small minimum deposit of only £100, or approximately $125. An adequate minimum deposit, accessible to anyone wanting to start earning on Forex and CFDs. But high commissions and spreads, some lags and freezes, and other minor issues prevented me from enjoying trading, so I left.
NLM 86 Limited is a blatant and obvious scam. I have no doubts that my money will be stolen here. I won't even bother registering an account, it's foolish and nonsensical. Better to give your money to charity than to these scammers.
Have you seen their license? I haven't. Therefore, it's not worth risking your money with such a company that can easily turn out to be fake and scam. Why give your money to scammers whom you don't even know? There's a reason they remain anonymous and don't want to reveal their names and faces.