Dishonest brokers are often the cause of financial losses for novice traders. Indeed, it can sometimes be very difficult to determine whether you’re dealing with a promising trading platform or just another scam. In this London Partners LTD review, we’ll tell you about real fraudsters, the kind you should definitely avoid.
Is London Partners LTD a Trusted Platform?
At first glance, the company looks like a reliable partner for your future trading. They even claim to offer near “lightning-fast” execution of orders. This, of course, sounds promising. But in reality, things aren’t as bright as the owners of this project want you to believe.
Their contact information claims that London Partners LTD has an office in Poland. Interesting — why does the company name feature London, then? Regardless, this broker claims to be regulated. Naturally, we checked these claims, and here’s what we found.
The company London Partners LTD is not officially registered in the Polish registry. Nor is it registered in the UK, by the way. Instead, they boast of an offshore license and even list its number in the “Regulation” section. Here’s the problem: the license number No. SD018, supposedly issued by the Seychelles regulator, actually belongs to another broker, IC Markets. Thus, London Partners LTD is a scam, operating illegally and using someone else’s credentials without possessing any real license to offer brokerage services.
Concerned About Withdrawal?
The company offers several options for funding accounts, including bank cards, transfers, and e-wallets. They also promise not to charge any extra fees from investors. However, there’s a small catch. You won’t be able to verify how things actually work until you register on the platform. All payment details are hidden from public access. Moreover, you can only register with an invitation code. In other words, this is a very clear indication that London Partners LTD is a non-transparent broker.
How Long Does The Broker Work?
Another fact proving the fraudulent nature of London Partners LTD is the short lifespan of this project. The trading platform has only been operational for a few weeks at best. This is easily checked by finding out when their domain was created. According to the Whois service, it was registered on August 12, 2024. Isn’t that a shockingly short amount of time for a company that claims to deserve the trust of traders? Attention! This review belongs to InvestExpertHub.
Other Signs of Fraud
❗The broker’s trading conditions are confusing, particularly since some account types haven’t even been fully developed yet.
❗There is no demo account. To test the trading platform, you need to deposit real money.
❗In reality, the project has no physical offices at all.
London Partners LTD Review Conclusions
Clearly, London Partners LTD is a scam. Their only goal is to take your money. Don’t trust such mediocre projects. It’s obvious at first glance how unreliable they are.
➕Low minimum deposit.
➖Very short operating history.
➖No official legal registration or license.
➖Trading conditions are poorly developed.
FAQ
Is London Partners LTD a licensed broker?
No, despite their claims, London Partners LTD is not officially registered or licensed and is using false credentials from another company.
Can you trust tis broker for secure trading?
No, it is highly untrustworthy, with unclear registration details and a very short operating history.
What are the main red flags about London Partners LTD?
The major concerns include the lack of proper regulation, hidden payment details, and an invitation-only registration process, all of which signal a scam.
Brief Conditions
Type |
Forex |
Location |
Poland |
Establishment Year |
2024 |
Regulation |
❌ |
Customer Service |
|
Languages |
En, Pl, De |
Demo Account |
❌ |
Mobile Trading |
✅ |
Web-based Trading |
✅ |
Bonuses |
❌ |
Minimum Deposit |
$100 |
Max. Leverage |
❌ |
Scalping Allowed |
✅ |