London Partners Ltd

Investigating London Partners Ltd: A Comprehensive Review

Would you like to maximize your profits, unlock your trading potential with ultra-tight spreads, and gain unmatched market access? Today, in our London Partners Ltd review, we take a look at a Forex/CFD broker that offers traders a comfortable trading experience in a unique terminal, lightning-fast order execution, and conditions typical for institutional investor services, along with professional support. However, we are confident that clients working with this company will not see any profit. Moreover, they will never see their money sent to its accounts again. Read more about this platform below.

Key Takeaways

• The broker is not registered and uses the name of a real company.
• The statistics on the homepage are fake.
• The fake company has no licenses and operates illegally.

Overview of London Partners Ltd

How can a trader ensure that the broker they plan to work with is trustworthy? It’s not difficult — just analyze the available information about them. We recommend starting with the details published on the official website. Let’s see what London Limited has to say about itself.

Broker History

The company has chosen not to publish any historical details on its official website. It’s hard to understand what guided the owners in making this decision. It seems London Partners Ltd either doesn’t care about its reputation or isn’t interested in taking the easy route to improve it. You might also be interested in groshareltd.com review, a company that uses similar tactics.

We can state that even newly established legitimate brokers strive to provide as much information about themselves as possible. Scammers, on the other hand, do their best to avoid details that are easy to verify. Of course, it wouldn’t be entirely fair to conclude that this is a scam project solely based on the absence of a founding date on their website. However, this approach does raise some suspicions.

Londonfxlimited.com Website

At first glance, the official website of London Partners Ltd looks quite solid. This applies both to its organization, with a large number of informational pages, and its design. The design is eye-catching with its somewhat unusual color scheme and a significant number of well-chosen thematic images.

An experienced trader familiar with the leading Forex/CFD brokers won’t see anything new here. In fact, they’ll likely recognize that londonfxlimited.com is either a blatant copy or a poorly executed modification of the well-known IC Markets website. While the developers have made some adjustments, they left much unchanged, resulting in a pitiful imitation that’s downright laughable.

For example:

• The homepage features some statistical data about the platform’s operations. It claims that the trading volume in April 2024 was $1.64 trillion, with approximately 500,000 trades executed daily. Nearby figures suggest the broker has 200 active clients. This means, on average, each client executes 800 trades daily, with a total individual volume (yes, per client) of $270 million. We decided our modest means weren’t sufficient to trade alongside such giants.
• The next informational blocks tell us that London Partners Ltd is one of the largest players in the Forex/CFD market. To support this claim, another statistic is shown: “500 Traders per day.” If this represents the total number of daily active clients, the company is far from rivaling leading brokers. If it’s the growth in audience, the figure is impressive, but it remains unclear how it aligns with the earlier claim of having just 200 users in total.
• The block titled “THE RAW SPREAD ADVANTAGE” looks great at first. It displays quotes for four currency pairs. However, first, these quotes are presented in a 4-digit format, which the overwhelming majority of Forex brokers abandoned years ago. Second, the quotes are not live, meaning they cannot substantiate the platform’s claims of offering tight spreads.

All of this is immediately noticeable on the homepage of London Limited. If you think the content on other pages is better, you’re deeply mistaken. Take a closer look yourself, and you’ll find plenty of additional reasons to question the professionalism of the team behind this project and their attitude toward providing information to traders.

Registration Process and Personal Account

It would seem that registering a new user account with London Partners Ltd should not be a difficult process.

Indeed, it only requires completing a simple standard form where you provide:

• First and last name.
• Email address and phone number.
• Country of residence.
• Password.

The broker only requires agreeing to the Terms & Conditions and Privacy Policy, as well as passing a reCAPTCHA verification. However, none of this matters because users cannot complete the registration process on their own.

The form requires entering a Registration Code. Where to obtain this code is not mentioned by the company. The only apparent solution is to contact the broker’s support team. Scam projects use this approach to filter potential clients, identifying those who are ready to send money to the fraudsters’ accounts.

We were unable to obtain an answer to our request for a registration code. As a result, we couldn’t access the personal account features. Still, it’s unlikely the broker has developed anything particularly innovative for it.

Trading Platform

London Partners Ltd boasts extensively about its trading terminal on the “Platform” section of their website. It is described as ultra-modern, with instant order execution (though the term “instant” is not quantified), and it even mentions that 60% of trades are conducted via automated trading.

However, if traders hoped for one of the industry-leading platforms, such as TradingView or MetaTrader, they are mistaken once again. The company offers a terminal developed by Easy Technologies. Its notable features include a multi-chart mode, one-click trading, and a decent set of technical indicators.

But its well-known disadvantages are equally clear to traders:

• Limited market overview tools: It’s impossible to customize the selection of trading instruments for display and quick access. This significantly reduces portfolio management efficiency, causing traders to lose not only time but, in most cases, money.
• Insufficient analytical tools: The platform only provides four graphical objects for market analysis, a set that falls critically short compared to modern terminals. Switching to London Partners Ltd’s platform would force many traders to rethink their trading systems, inevitably leading to a loss of precision.
• No support for custom indicators or trading bots: This limitation applies not only to the web-based trader but also to the desktop terminal from Easy Technologies. This means the software does not support automated trading at all. Thus, the claim of 60% automated trades is, to put it mildly, untrue. Unsurprisingly, these figures were simply copied from the IC Markets website.

London Limited’s choice of this software likely stems from two key reasons:

1. Only officially registered companies can legally purchase trading software, such as MetaQuotes. The distribution of such software via White Label agreements has also been discontinued.
2. Easy Technologies’ software allows administrators to manipulate the price feed as needed.

Clearly, the broker cannot afford a high-quality trading platform. Instead, they’ve opted for software that maximizes their profits, albeit through dishonest means — a rational choice from a scammer’s perspective.

Contacts

The contact details on Londonfxlimited.com raise some questions. On the “Contact Us” page of their website, users will find:

• A feedback form.
• An email address.
• A couple of phone numbers with Polish dialing codes.
• An office address in the United Kingdom.

This setup seems unusual: the firm claims to have the means to acquire or rent an office in the UK but lacks UK phone numbers. It creates the impression that office buildings in the UK lack landlines, or that acquiring a corporate SIM card is somehow impossible. Conversely, there appear to be no issues with obtaining phone numbers in Poland, but acquiring or renting office space there was beyond the reach of London Partners Ltd.

Additionally, the broker has failed to address other aspects of client interaction:

• Deploying an online chat for quick user inquiries.
• Establishing groups and channels on social media and maintaining activity there.

This lack of effort suggests the project’s owners are simply uninterested. The latter point is particularly odd — no legitimate broker would ignore the vast audience available on social media. This approach is typical only for scam platforms, and London Partners Ltd seems to fit that category.

Analysis of Services Offered by London Partners Ltd

The official website of London Limited contains numerous indirect indications that this is just an ordinary scam broker. A detailed analysis of its offerings for traders can provide additional evidence.

Funding and Withdrawal

Londonfxlimited.com provides plenty of information about the payment methods available for deposits and withdrawals. These methods are categorized into three groups on their pages:

• Bank transfers. A group of Polish banks is listed for processing transactions, including those made via bank cards.
• Transactions through electronic payment systems. The company mentions some of the most popular operators in Europe, such as Wise, Zen, and TransferGo. Card transactions can also be carried out here.
• Cryptocurrency transactions. The list includes popular coins and tokens from nearly all major blockchains.

There’s just one issue: funds can only be sent after completing registration, but users are unable to register independently. Moreover, the list of methods doesn’t include the company’s banking details. Whether these details will become available to registered users remains unknown.

London Partners Ltd Trading Conditions

We expected the broker to publish detailed information about trading conditions in an attempt to appear legitimate. Unfortunately, London Partners Ltd has its own approach to this.

The company offers traders a selection of seven account types. However, the table describing them contains only one specific detail: the minimum deposit amount, ranging from $100 to $100,000.

The rest of the table offers little value to experienced traders. The reason is simple — it’s full of vague promises, such as “Individual trading plan.” Some of these features are already unavailable (those who manage to register can look for PAMM account access in the personal account), while others, like participation in IPOs, are simply beyond the broker’s capacity to deliver.

We had hoped to find additional trading conditions in the “Pricing” section. However, the “Spreads” page only lists spreads for a few assets, while the “Swap Rates” page contains lots of text but not a single example of rollover fees.

Important Note. On the homepage, users will find a promise of zero spreads, which is confirmed by the minimum spread values for certain assets on the “Spreads” page. This raises a reasonable question: how does the broker plan to make money in this case? We couldn’t find an answer to this.

There’s also a lack of clarity regarding leverage. The homepage banner shows a maximum leverage of 1:500, but the broker doesn’t specify which account types or instruments this applies to.

In addition to trading accounts, the broker offers a Savings Account. The company promises a return of 21–37%, along with guarantees of monthly payouts and secure investments. Naturally, no information is provided about who or what backs these guarantees.

In summary, the broker has gone to great lengths to conceal trading conditions from traders. What else could you expect from scammers?

Is London Partners Ltd Trustworthy and Reliable?

We now turn to an analysis of the broker’s official details. We are confident that after reviewing this information, there will be no doubt that we’re dealing with a scam platform.

Assessing Legitimacy

London Partners Ltd claims to be a regulated broker, based on license number SD018 issued by the Seychelles FSA, as shown on their website. However, verification reveals that no company with this name exists in the business registry, and the license number provided actually belongs to IC Markets.

A similar result was obtained when searching the Polish registry. The company undoubtedly provides services to traders in Poland, yet it has no registration in this country. London Partners Ltd is also absent from the registries of other European nations, nor has it been licensed by European regulators. Additionally, the broker’s website makes no mention of compliance with the MiFID II directive. This means the platform operates illegally within Europe.

Interestingly, the UK Companies House database does include a real company with this name. However, this does little to improve its credibility given the lack of valid regulatory approval.

It was registered in 2004 and operates in the field of financial intermediation (SIC 64999). There’s just one problem: as early as 2005, it was classified as dormant and has remained so ever since. Naturally, the company does not hold a license from the UK regulator FCA.

The conclusions are indisputable:

1. The company is not officially registered. It uses the name of an existing UK firm to mask its operations while having practically one asset — a website.
2. The virtual company is unlicensed and unregulated. This effectively means that it provides brokerage services illegally.
3. A fake company without registration cannot open corporate bank accounts or cards. This makes all claims about storing client funds in segregated top-tier bank accounts a blatant lie. Additionally, it prevents direct payments to the broker (other than cryptocurrency). As a result, the safety of non-trading operations and client funds is nonexistent.
4. An unregistered and unlicensed platform cannot organize proper trading. At best, it imitates trading; at worst, it simply takes clients’ money.

We believe that no stronger evidence of the scam nature of the project could be presented.

Established Track Record

As mentioned, the company’s official website doesn’t provide information about London Partners Ltd’s date of establishment. However, this is irrelevant since we have Whois data that includes the domain registration date.

The working domain, londonfxlimited.com, was registered on November 26, 2024. However, this is not the company’s first domain. Initially, its official site operated on londonpartnersltd.com, registered on August 12, 2024. Why was it moved? Most likely, due to negative online reviews about the scam broker and its inclusion in regulatory blacklists.

Whatever the reason, it is now crystal clear that all the statistical data provided on the site is fake. An attempt to mislead users is yet another powerful piece of evidence proving this is a fraudulent project.

Implications for Traders

In this review of London Partners Ltd, we provided ample irrefutable evidence that the broker is a typical scam. We believe our readers will correctly assess the lack of registration and licensing, the use of a real company’s name, and the fake statistics. The platform was created by fraudsters, and sending funds to its accounts would be an irreversible mistake.

Strengths and Weaknesses