In London Partners Ltd review, we take a closer look at a brokerage company claiming to provide everything necessary for online trading. The company offers a good selection of financial assets, a user-friendly trading platform, minimal commissions, and zero spreads. However, its registration and regulatory compliance raise serious concerns. We’ve decided to investigate this broker thoroughly to determine whether it is legitimate or just another scam.
- London Partners Limited General Information
- Registration and Client Portal Review
- London Limited Trading Conditions
- Account Types
- Trading Platform
- London Partners Limited — Deposit and Withdrawal of Funds
- Verification
- Additional Options
- Is London Partners Ltd a Scam?
- Legal Information and License
- Londonfxlimited.com Domain Info
- Contacts Review
- More Details
- Pros and Cons
- Frequently Asked Questions (FAQ)
London Partners Limited General Information
Website | https://londonfxlimited.com/ |
Phone Number |
|
support@londonlimited.net | |
Address | Cambio, 15a The Mead Ashtead Surrey, KT21 2LZ |
License | None |
Minimum Deposit | $100 |
Assets | CFDs |
Leverage | Up to 1:500 |
Trading Platform | WebTrader |
Registration and Client Portal Review
The official website of London Partners Ltd doesn’t leave a particularly strong impression. Its design is fairly standard, perhaps even template-like. The limited number of supported languages suggests that the company isn’t targeting a wide geographical audience.
A closer look at the website raises several red flags. First, there’s no registration certificate or license permitting the provision of brokerage services. The user agreement is incomplete and lacks any substantial details about the company itself.
Information about trading conditions is also vague, resembling promises rather than clear terms. Investors are left wondering what they will actually get.
Another concerning aspect is the lack of transparency regarding the company. There’s no information about how long London Partners Ltd has been operating or who owns it. This secrecy could be for many reasons, none of which inspire confidence in the broker.
To open a trading account with London Partners Ltd, you first need to fill out a registration form. However, it’s important to note that completing the process without an invitation is impossible. This is yet another red flag indicating that the broker is likely operating illegally.
Since we were unable to complete the registration process, we couldn’t access the client portal. As a result, it’s difficult to provide any insights into its functionality or quality.
London Limited Trading Conditions
Now, let’s take a look at the services this company has prepared for its clients.
Account Types
London Partners Ltd exhibits another characteristic often seen in illegal firms: multiple pricing plans with progressively higher minimum deposit requirements and additional services
- Forex. Minimum deposit $100. Includes daily news updates and five days of trial trading with an expert.
- Forex and Crude Oil. Minimum deposit $2,500. Offers lower commissions (though their exact amount remains undisclosed), webinars, and reports from CME, which are already freely available on the exchange’s official website.
- Forex and Commodities. Minimum deposit $10,000. This package includes PAMM accounts, IPOs, and the development of a personal trading plan.
- Cryptocurrencies. Minimum deposit $20,000. Features include arbitrage, insurance, and accreditation as a professional investor.
- Stock Market. Minimum deposit $50,000. Either London Partners Ltd made a mistake, or the offerings in this plan are the same as in the $10,000 plan, meaning they’re inferior to the “Cryptocurrencies” package.
- Indices. Minimum deposit $100,000. The additional service here is investments through OTC.
- Investment Account. Promises returns of 21% to 37% with monthly payouts. How such returns are achieved remains unclear, as no financial reports are provided.
The minimum trade size at London Partners Ltd is 0.01 lots, while the leverage of 1:500 further confirms the absence of a license from a European regulator. Such financial commissions prohibit offering leverage above 1:30.
Trading Platform
London Limited offers only a browser-based trading platform. Its functionality is poor, allowing for trade execution, viewing transaction history, and checking the order book. There’s no support for mobile trading, and no downloadable versions are provided.
London Partners Limited — Deposit and Withdrawal of Funds
The broker claims to offer various payment methods for deposits and withdrawals, including bank transfers, cryptocurrencies, and payment systems. However, the real situation is unclear, as we were unable to access the client portal to verify any transaction processes. Moreover, the company does not provide information about withdrawal procedures or any associated fees.
Without transparency in these areas, it’s difficult to assess the true reliability and fairness of their financial transactions.
Verification
In theory, the broker should have a verification process in place, as suggested by their AML policy. However, we cannot confirm how this actually works, as verification is typically handled through the client portal, to which we did not gain access. The only advice we can give with certainty is to exercise caution and avoid sharing sensitive information with suspicious brokers.
Additional Options
The broker also advertises additional services, such as PAMM accounts and participation in IPOs. However, it’s important to understand that fraudulent brokers typically do not have access to such services. These offerings are nothing more than a marketing ploy designed to attract inexperienced investors. Legitimate access to IPOs or PAMM accounts requires proper licensing, partnerships with regulated financial institutions, and compliance with strict regulatory standards.
Is London Partners Ltd a Scam?
It’s already clear that this company is not trustworthy. Let’s take a closer look at the other secrets it might be hiding.
Legal Information and License
First, we decided to verify whether London Partners Ltd is actually registered in Poland. To do so, we checked the KRS database, which lists all legal entities in the country. However, our review subject is nowhere to be found there.
The project also lacks a license from the Polish Financial Supervision Authority (KNF). By the way, there is a company named LONDON PARTNERS LTD in the UK registry. However, it is not a broker and, furthermore, it is not regulated by the FCA.
This leads to the conclusion that the project we are reviewing neither has proper registration nor a valid license. It is simply using another company’s legal name to create an illusion of legitimacy.
Londonfxlimited.com Domain Info
We cannot overlook the fact that these scammers have already changed their website addresses several times. Previously, this platform was hosted on domains such as londonpartnersltd.com, london-limited.com, and londonukltd.com. The current website, londonfxlimited.com, was registered on November 26, 2024.
This means the project has only been around for a few months.
Contacts Review
The broker’s contact details include an email address, phone numbers, and office locations. However, all of this seems to be purely virtual information. Legally and physically, these individuals are not based in Poland. If you decide to visit their office, you’ll only end up disappointed.
More Details
By the way, frequent domain changes are a common red flag for scam brokers. Legitimate companies establish long-term domains to build trust and reputation, while scammers often switch domains to avoid bad reviews, regulatory scrutiny, or to continue their schemes under a new name.
Pros and Cons
- Browser-based trading platform available.
- Multiple account types advertised.
- Lack of registration or valid license.
- Limited and incomplete trading conditions.
- No access to verified platform downloads.
- Frequent domain changes indicating unreliability.
- Contact details and office locations appear fake.
Frequently Asked Questions (FAQ)
It claims to offer multiple account types with access to Forex, commodities, cryptocurrencies, and more, but the services lack transparency and credibility.
According to their trading conditions, the minimum deposit starts at $100, but we advise extreme caution, as there are significant red flags about this broker’s legitimacy.
No, this broker has no valid registration or license and shows many signs of being a scam.
I cannot recommend this company to anyone.
This is nothing more than a shady, fraudulent, and anonymous scam operation. London Partners Ltd blatantly manipulates quotes and works against its clients. Their goal is not to help you earn money but to drain your deposit as quickly as possible.