Partners Special Capital Limited Review: Is It a SCAM?

Partners Special Capital Limited claims to be an extraordinary broker, ready to offer its clients an innovative approach. The company boldly names itself as one of the best in the industry. Well, what substantiates such titles? Are there any real proofs, or could it be a scam? Let’s take a closer look together. Stay tuned for the findings in our review.

Partners Special Capital Limited General Information

Registration and Client Portal Review

The official website leaves a mixed impression. We noticed that it is only available in Russian and English, raising immediate questions. It appears minimalist at first, which might create a positive impression. However, upon further examination, minimalism seems to be more of a drawback than an advantage. The website features a picture of Big Ben, subtly suggesting the broker’s British nature. Overall, more attention is given to visuals than to the quality of content. There is very little useful information for traders, and documents are kept to a minimum. For instance, the client agreement consists of just one page. This lack of transparency in legal information immediately raises doubts about the company’s legitimacy.

Partners Special Capital Limited offers a standard registration process. You will need to fill out a small questionnaire with personal information, including your date of birth and contact details. Of course, creating a password is also required, as it seems to be the only protection for your account. Interestingly, the company does not send a confirmation code to your email or phone number. The absence of additional verification steps raises security concerns. These measures are commonly employed by reputable platforms to ensure that the person registering the account has access to the provided contact information. Without such confirmation, there is a risk of unauthorized access or potential security breaches, as the registration process lacks an extra layer of protection.

The client portal showcases a stark minimalist design. The platform seems to offer only the most basic functionalities, providing a limited set of tools for users. Furthermore, it lacks any additional services, despite the broker’s promises. There are no supplementary instruments or features that could enhance the trading experience.

Partners Special Capital Limited Trading Conditions

While the broker boasts about its favorable trading conditions, it’s crucial to subject these claims to scrutiny. Let’s delve into an in-depth examination to validate whether all the assertions hold weight or are merely unsubstantiated statements.

Account Types Review

The firm encourages traders to dive into real accounts from the start, as they haven’t bothered to develop a demo account. Traders can choose from five account types, each tailored to different trading needs:

• Forex-Crypto. Entry-level account requiring a modest deposit of £100, primarily focused on Forex and crypto assets. Clients receive a daily market analysis.
• Commodities. Geared towards trading commodities, this account demands a higher deposit of £5,000, with promises of reduced commissions and access to webinars.
• Stock-Market. For trading stocks, requiring a deposit of £25,000. Additional perks include copy-trading and a personalized trading plan.
• Index. A higher-tier account with a deposit requirement of £117,000, offering features like arbitrage and account insurance.

Additionally, Partners Special Capital Limited boasts an investment account with a promising return ranging from 21% to 37%. However, the sustainability of such returns remains uncertain.

It’s evident that the broker follows a familiar pattern — the more you deposit, the better the conditions. This approach raises concerns, especially considering that the company exclusively offers CFDs. This means there’s an inherent conflict of interest, as traders will always be playing against the broker, not other traders. Is it worth risking substantial sums with such a setup? That’s a question every trader should carefully consider.

Trading Platform

The trading platform falls short of expectations, embodying several drawbacks. The web-based terminal lacks sophistication, sporting a subpar design and minimal functionalities. Traders may find the platform’s interface unappealing, with a shortage of essential indicators and tools to aid in comprehensive market analysis. The overall design and user experience received low ratings from clients, reflecting dissatisfaction with the platform’s usability.

One notable limitation is the absence of a demo account, depriving users of the opportunity to practice and test the platform risk-free before engaging in live trading.

Partners Special Capital Limited — Deposit and Withdrawal of Funds

While the company lists various funding methods on its website, including credit cards, bank transfers, and even cryptocurrencies, the actual process of depositing funds is far from straightforward. In the client portal, upon submitting a deposit request, all you receive is a simple acknowledgment, with no immediate confirmation or processing of the transaction. Instead, users are informed that a manager will contact them shortly to proceed.

This cumbersome and non-automated approach to handling deposits can be inconvenient and time-consuming for traders who expect swift and seamless transactions. Besides, this method deviates from the industry norm, where modern brokers offer automated and efficient deposit processes.

When it comes to withdrawals, Partners Special Capital Limited mentions that it is possible to withdraw funds using Bitcoin and bank transfers. Unfortunately, the lack of detailed information on withdrawal methods, associated fees, and processing times also raises transparency concerns.

Verification

Verification on the platform is a mandatory process to ensure compliance with regulatory requirements. After registration, users must undergo a KYC verification process. This involves submitting identification documents such as a valid government-issued ID, passport, or driver’s license. Additionally, clients need to provide proof of address, such as a utility bill or bank statement.

Once the documents are submitted, the Partners Special Capital Limited team reviews and verifies the provided information. Successful verification grants traders access to the full range of features and services offered by the platform.

Additional Options

The broker offers a range of additional services, including educational resources, daily market analysis, and various other intriguing features. For instance, the broker claims to provide opportunities to participate in IPOs. However, despite these promises, the client portal lacks any evident features suggesting the practical availability of these services.

Furthermore, regarding access to webinars and trading signals, Partners Special Capital Limited does not provide information about the identities, qualifications, or backgrounds of the broker’s educators and analysts. The lack of transparency regarding the credentials of these individuals raises concerns about the reliability of the advice and signals they provide. Traders are advised to approach such information with caution, given the anonymity surrounding the educational and analytical aspects.

Is Partners Special Capital Limited a Scam?

It’s time to delve into the most crucial aspect — unraveling the legitimacy of the company. We are confident that we have some surprises in store for you.

Legal Information and License

On the surface, the company appears to be British. Therefore, we diligently searched for any traces in the corresponding registry. So, what did we find? Partners Special Capital Limited has been registered in the United Kingdom under the number 07533356 since 2011. The company is involved in financial intermediation, not classified anywhere. So far, it doesn’t resemble a broker much. Let’s continue. Like all brokers in the UK, at least those operating legally, it should have a license from the FCA. Unfortunately, there is no such document in the registry. It seems to be operating without a license.

Partnersspecialcapital.vip Domain Info

We suspect that this project might have borrowed data from a legitimate company, indicated by the discrepancy in dates. As mentioned, the original company was incorporated in 2011, whereas the one we are currently examining appeared only in late 2023, according to domain registry information. So, in reality, Partners Special Capital Limited has been operational for just a few weeks and seems to have simply borrowed information from a legal entity.

The article has been updated. Ding-dong! These scammers do not stop their activities; in March 2024 they acquired the domain partnersspecialcapital.vip and it is still up to date. Keep your eyes open!

Contacts Review

Partners Special Capital Limited has provided complete contact details, including a phone number, email, and even an address. However, as we’ve discerned, the address appears to be fake. We wouldn’t recommend visiting it, as you’re unlikely to encounter any company employees there. We are confident that the company operates exclusively online.

Pros and Cons

2.7 TOTAL SCORE

Partners Special Capital Limited Summary

There is no doubt in our minds that Partners Special Capital Limited is a scam project, shamelessly exploiting another entity's identity. To avoid financial losses, we strongly advise against investing any funds here, as regret is likely to follow. Exercise caution and steer clear of this dubious endeavor.

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Website information content 3

Client Portal 3

Trading conditions 3

Trading platform 3

Deposit and withdrawal 3

Verification 4

Extra options 3

Licenses and guarantees 1

Work duration 1

Feedback 3

Frequently Asked Questions (FAQ)