A reputable-sounding brokerage name alone doesn’t guarantee safety and professionalism. Scammers often borrow names or create complex titles to leave a good impression on potential clients. In our London Partners Ltd review, we’ll show how behind the appealing name lies a dishonest entity.
Brief Overview
- 🖥Official Website: https://londonpartnersltd.com/
- ✈️Contact Address: Warsaw Trade Tower przy ul. Chłodnej 51 00-867 Warszawa, Polska
- 📞Customer Support: +48604153528, +48698866965, [email protected]
- 🔐Licensing and Accreditation: No
- ⏳Track Record: 2024
- 🧰Specialization: CFD Trading
- 🤝Terms of Cooperation: $100
- 💰Additional Services: PAMM, webinars
Londonpartnersltd.com Examination
The broker’s official website is unconvincing. It’s clear they tried to create something unique, but the outdated fonts and poor color combinations, reminiscent of designs from the past decade, ruin the final impression. However, the visual aspect isn’t the most important thing — content is. And here, London Partners Ltd also falls short: key information about the company and its trading conditions is missing.
The site supports several languages: English, German, and Polish. The legal documents are incomplete. For example, there is no KYC policy, no refund policy, and no terms for order execution. Even the standard risk warning for margin trading is missing in the footer of the londonpartnersltd.com site.
Company Contacts
There’s a contact section on the website that lists two phone numbers and an email address. The phone numbers haven’t been flagged elsewhere yet, but the email address turned out to be fake — this immediately raises many suspicions.
Judging by the company’s name, its headquarters should be in London — one of the world’s financial hubs. However, in reality, the office is located in Poland. Whether this is true or not, we’ll investigate further in our London Partners Ltd review.
Key Conditions
The offer from London Partners Ltd has both pros and cons. For instance, they promise zero spreads, but in practice, this is far from the truth. Spreads may be advertised as “zero”, but in reality, they often reach 2-3 pips, even on major currency pairs. For cross-pairs and exotic currencies, spreads can be even higher. Additionally, the leverage of 1:500 is concerning. If the broker is truly European, as the company claims, such leverage contradicts EU regulations, where the maximum allowed is 1:30. This is a clear sign of the lack of a proper license.
The minimum deposit starts at $100, but the amount depends on the chosen account type. As with any other fraudulent company, the principle here is the more you invest, the more services and “benefits” you’re promised. The second account tier requires $2,500, while the third demands $10,000.
It’s also worth noting the absence of important options like a cent account and a demo account. These types of accounts are extremely useful for beginners, allowing them to familiarize themselves with trading conditions and test strategies without significant risks. However, London Partners Ltd decided that such options were unnecessary.
We attempted to check out their trading platform, but we were unable to register an account. The company requires an invitation code to do so. Without it, creating an account is impossible. This approach is typical of fraudulent organizations.
Exposing London Partners Ltd
Now let’s get to the core of our exposé. If the earlier points were just minor red flags, now we’ll uncover more serious negative aspects. We’ll examine the company’s operational timeline, licensing, legal address, and other important details.
First, the company hides information about how long it has been in operation. Why would they do that? The absence of a founding date on the website is already a red flag. A serious and trustworthy firm would never hide such crucial information. However, we can check the platform’s age by looking at the domain registration date for londonpartnersltd.com. It turns out the domain was registered on August 12, 2024, just over a month ago. This explains why the scammers were concealing this information.
If the company’s office is really in Poland, where are the licenses from Polish regulators, such as the KNF or PFSA? We checked all the registries and found that London Partners Ltd doesn’t hold any license in Poland, and the company doesn’t exist in that jurisdiction at all. How is that possible? Clearly, the legal address is fake.
On the website, there’s a “Regulation” section where the firm claims to have a license from the FSA (Seychelles). We thoroughly checked the SFSA registry and found no mention of London Partners Ltd. So, information about the license is also fabricated. This isn’t surprising, considering the high leverage offered, which already hinted at a lack of proper regulation.
In conclusion, the short lifespan, fabricated offices in Poland, and fake licenses are guaranteed signs of a scam. If you were seriously considering trading with this broker, it’s time to reconsider. Are you really ready to trust your money to scammers who are blatantly lying to you?
What Reviews Do Users Leave?
Finding genuine London Partners Ltd reviews online is extremely difficult. The scammers chose this name on purpose. When we try to search for comments about this company, most of the time we find links to a legitimate organization with the website londonandpartners.com, which has no connection to londonpartnersltd.com. Reviews about this pseudo-broker are almost non-existent, indicating its lack of recognition and absence of clients.
Conclusions
A lot of lies, unreasonable trading conditions, and restricted registration — all of these are classic signs of a scam broker. There are no grounds to believe that this company is safe or profitable for trading. London Partners Ltd is a prime example of an illegal firm created by anonymous scammers with one goal: to attract naive traders and take their money.
Pros/Cons
- The website is translated into multiple languages.
- A fake address in Poland and a fabricated FSA license.
- The actual time in operation is very short.
- You can't register an account without a promo code.
- Very few reviews online.
I feel sorry for anyone who invested money here because they’ve definitely lost it. I spoke with the scammers from London Partners Ltd. They are greedy fraudsters who don’t care whom they deceive – whether the disabled, the elderly, the sick, or the young. They only want your money. The company is illegal, it’s a fake broker. No license, only a month and a half in operation, and many other red flags. I strongly advise against dealing with such shady operations.