Today, we want to present to you a London Partners Ltd review, introducing a Forex/CFD scam broker that attempted to copy even the website design of a legitimate company. Additionally, it promises traders regulatory oversight, which it does not possess; favorable trading conditions, which it doesn’t provide; and security of funds, which it intends to steal. Perhaps newcomers to the market might believe these fraudsters, as long as they don’t read our material about this fake company. Don’t want to lose money on a non-existent trading platform? Find the details below.
Key Features
- Company Name: London Partners Ltd
- Website: https://londonpartnersltd.com, https://london-limited.com/, https://www.londonfxlimited.com/
- Available Contacts: [email protected], [email protected]; +48604153528, +48698866965, +48573588485, +48573588486
- Foundation: 2024
- Services: Forex/CFD trading
- License: No
- Initial Deposit: $100
From Sign-Up to Payout
For a market newcomer, the official website of London Partners Ltd might leave a good impression. The site features a large number of informational pages and fast loading speeds, along with unique color schemes and well-chosen images, creating the illusion that considerable time and effort were spent on the web resource.
However, an experienced trader familiar with the current Forex/CFD market situation will quickly recognize the original source used by the creators of londonpartnersltd.com. It is none other than the official website of the well-known legitimate broker IC Markets. Of course, London Partners Ltd made the necessary alterations, but the result is a much worse version than the original.
This is most evident in the content. For example:
- The statistics on the homepage are quite amusing. According to them, the broker has 200 active clients worldwide. And these two hundred traders reportedly generated $1.64 trillion in turnover in April and execute 500,000 trades daily, amounting to around $29 billion. We’re scared to even imagine what trading monsters must be registered on this platform.
- All this supposedly puts the firm among the world’s trading volume leaders, bringing in 500 new traders every day. Judging by these claims, the existing 200 must have registered only yesterday. The company modestly remains silent about who was responsible for the previously mentioned April turnover.
- London Partners Ltd promises instant account opening, yet fails to mention that this can only be done with the help of customer support. Without them, the user will not receive the mandatory Registration Code required to complete the form.
- The promise of immediate deposit funding is also, to put it mildly, not entirely truthful. The problem is that every attempt to make a deposit ends with an error message about the impossibility of completing the transaction or the unavailability of the payment system. Only the support representatives know exactly where and how to transfer the money to avoid such issues.
In short, this is a failed attempt to overlay a third-rate scam broker onto the excellent site of a legitimate company. As a result, London Partners Ltd is represented online by a woefully poor web resource that no self-respecting user would even bother to notice.
Our Trading Experience With London Partners Ltd
The broker’s site speaks only highly of the trading terminal it offers to clients. Certain details, such as 60% of trades being executed in auto-trading mode, give hope for using modern software.
However, traders’ hopes are not met. Instead of the well-known MetaTrader, CTrader, or TradingView, they are offered to trade on a terminal from Easy Technologies. Its “modernity” is limited to the ability to display multiple price charts simultaneously and a decent set of standard indicators.
Well-known shortcomings of this platform also remain:
- Poorly organized market overview. The user cannot create a personal list of assets from the available ones, complicating the management of trades.
- A limited set of graphical tools for market analysis. Many traders build their systems using more advanced instruments, forcing them to revise their trading approaches, losing precision and, consequently, money.
- The inability to develop and connect custom modules, including indicators and trading robots. In fact, this software does not support auto-trading at all. By claiming that 60% of trades are automated — information copied verbatim from the original website — the broker simply reveals its incompetence. It also shows their confidence that most of the audience doesn’t understand the intricacies of trading software. No legitimate broker would treat their clients with such disrespect.
There’s a good reason why the scammers at London Partners Ltd use this platform. Leading providers of trading software for financial markets do not sell server-side components to unregistered brokers (we’ll return to this later). Moreover, the Easy Technologies platform is convenient for fraudsters: the administrator can manipulate the flow of quotes in the desired direction. Needless to say, the trader’s chances of making consistent profits are close to zero.
The Reality Check
The official information about London Partners Ltd is in bad shape. Let’s outline some facts:
- There is no information about the company’s registration on the official website.
- The contact page lists the Polish office address and phone numbers. Additionally, the payment methods section primarily features payments from accounts and cards in Polish banks, and the main currency for transactions is the Polish zloty. This suggests that the company’s details could be found in Poland’s business register.
- Based on the above, one would expect the company to be regulated by a European authority. However, the Regulation page claims a license No. SD018 issued by the Seychelles FSA.
Searches in Poland’s business register yielded no results. We also found nothing in the public business registry of EU countries. Just to be sure, we checked for the broker’s registration in Seychelles but came up empty-handed there too.
The only country where a company named London Partners Ltd is registered is the UK (surprise, surprise?). It’s been around since April 2004, and its authorized business activity is financial intermediation (SIC 64999). At first glance, there’s nothing stopping a British firm from opening an office in Poland. But there’s one catch… Since 2006, and up to the present, it has been listed as dormant in the Companies House register.
All this gives us reason to believe the broker is operating without official registration. However, to mislead clients and create the appearance of legitimacy, it has found and is using the name of an existing company from public records. This trick is nothing new — scammers use it quite often.
Next, we checked the Securities Dealer license issued by the SFSA. Unsurprisingly, London Partners Ltd wasn’t on the list of regulated companies.
The holder of license No. SD018 is, in fact, a company named Raw Trading Ltd, which operates under the trading name IC Markets Global — the very website the fake broker used as a template. Apparently, these “specialists” didn’t pay attention to the license number and are unaware that licenses are numbered documents and it’s easy to verify to whom they are issued. Another possibility is that they hoped inexperienced traders would see the license number, believe the project is fully legal, and not bother to check the information.
The conclusion is simple: the broker has neither an official registration nor a license. It operates illegally and does not organize real trades. Essentially, it only simulates trading, while pocketing the funds deposited by traders.
How Long Has London Partners Ltd Been in the Game?
We assume that the broker’s creation date may also hold some surprises. Since the company is careful to hide this information, we turn to the service’s WHOIS domain registration data.
Indeed, the surprise occurred: it turns out that the domain londonpartnersltd.com was registered in August 2024. This means the broker has existed online for about two months. How can we not recall the $1.64 trillion turnover from April 2024 (when the platform didn’t exist), or the 500 new traders daily? We can understand that correcting every text fragment borrowed from IC Markets’ pages was too time-consuming, difficult, or uninteresting for the developers of London Partners Ltd (underline as appropriate).
What surprises us in this situation is the attitude of the owners. Do they really not realize that such discrepancies are obvious even to those who have never seen brokers before? Or is the hope that a client, invited during a phone conversation, will send money first and only then check the official site, so strong? In any case, we can’t understand the scammers’ logic.
Extra Fraud Indicators
Of course, the official website of London Partners Ltd contains many more issues that confirm the fraudulent nature of the broker. Some of them (such as the inability to register or fund an account without the support team) we’ve already mentioned. Here are a few others:
- In the Pricing section, on the Spreads page, there are figures that are hard to believe. For example, the average spread for the EURUSD pair is stated as 0.023. It’s unclear what this value refers to. If it’s a percentage or relative unit to the current price of the euro, it’s an enormous amount. If it’s in the same units as the currency rate, the absolute value is equally enormous. If it’s in points, then all legitimate brokers should retire, as no one offers such favorable conditions.
- The promise of leverage up to 1:500 is contradicted by the data in the Products section, which lists the maximum leverage as 1:20.
- The account types table contains no mention of trading conditions but instead includes many options that would only interest beginners. A quick analysis shows the scammers’ target audience.
- Among the broker’s offers is a Savings Account with returns of 21-37% and monthly payments. Where the company plans to generate such a return is not explained, nor is there any information on who guarantees the security of funds, also promised in the terms.
In short, London Partners Ltd has not managed to convince clients of its legality. Instead, the opposite effect has taken hold — there is no doubt that the company is a scam.
Cheers! It looks like this broker is trying to escape the authorities. We found out that they moved to https://london-limited.com/, changed their contacts, became London Limited, and even slightly redesigned their logo. Well, otherwise their platform is 99% the same as the previous version. Don’t be fooled!
One more piece of news. One more new domain, https://www.londonfxlimited.com/, was registered in November 26, 2024. As you might guess, the previous site is no longer available. Let’s continue to watch this exciting game.
Is London Partners Ltd the Right Fit?
In this London Partners Ltd review, we’ve provided enough arguments to understand that the broker was created by scammers. The official site is a poor copy of IC Markets, there’s no registration, and no license: do you still have doubts? If so, just pay attention to the false information and contradictions in the trading conditions. You can also read online reviews where current clients describe in detail how their funds were stolen. In our opinion, there’s no point even considering funding accounts here unless you enjoy making gifts to scammers.
Don’t trust the words, promises, or fake guarantees of London Partners Ltd. It’s obvious that the broker operates illegally, and all the money you transfer to your trading account goes straight into the pockets of these scammers. Not only will your requests not be processed, but your account will also be blocked. I personally “gifted” these scammers $5,000.
zdecydowanie na nie jestem, to nawet nie jest broker, okazało się że wszystko było scamem, a całe konto było demo, prokuratura już działa w moim imieniu, kancelaria prowadzi mi całą sprawę, nie wiem jak się zakończy, na razie tylko żyję nadzieją, ale prokurator po przesłuchaniu twierdzi że na koniec roku, albo w okolicy połwoy 2025 powinny być pierwsze zwroty od tych z london