The 1986 European Indoor Championships was a women's tennis tournament played on indoor carpet courts at the Saalsporthalle Allmend in Zürich in Switzerland and was part of the Category 3 tier of the 1986 WTA Tour.

It was the third edition of the tournament and was held from 6 October until 12 October 1986.

First-seeded Steffi Graf won the singles title.

[1][2] Steffi Graf defeated Helena Suková 4–6, 6–2, 6–4 Steffi Graf / Gabriela Sabatini defeated Lori McNeil / Alycia Moulton 1–6, 6–4, 6–4