London Partners Ltd positions itself as a brokerage firm that offers margin and spot trading with higher leverage and tighter spreads. While this is true, the company is still relatively new to the market, and some of the criticism it receives makes one wonder about its legitimacy. This review will try to break down whether the company is a scam or a legitimate broker with quality services.
Highlights
Official Website | https://londonfxlimited.com |
Company Name | London Partners Ltd |
License Status | None |
Account Types | Forex, Forex + Crude Oil, Forex + Commodities, Commodities, Cryptocurrency, Stock-Market, Stock Indices, Saving Account |
Demo Account | Available |
Assets Offered | Currency Pairs, Crypto, Commodities, Indices, Stocks |
Leverage | Up to 1:500 |
Trading Platform | WebTrader |
Deposit Methods | Bank Transfer, Crypto, Wire Transfer |
Withdrawal Time | Up to 14 business days |
Affiliate Program | None |
Key Trading Features
London Partners Ltd offers several account types, each with different trading conditions and privileges, to be precise. So, when a client creates their account, they may opt among Forex, Forex + Crude Oil, Forex + Commodities, Commodities, Cryptocurrency, Stock-Market, Stock Indices, or Savings Accounts, which correspond to various available trading instruments and aspects such as investment options.
The website states that spreads start from 0 pips, but does not specify for what account types. Trading can be made with as little as 0.01 lot. The basic account also has a demo, with a 5-day test of trading supported by an expert. Other advertised advantages include lower commission rates.
Furthermore, the trading conditions include access to PAMM accounts, the promotion of individual trading plans, and arbitrage services for cryptocurrency accounts only. The broker also provides access to news content and opportunities to participate in IPOs.
Despite the described features, many of the mentioned privileges seem misleading, non-existent, and the trading conditions ultimately lead to losses. Some examples include promised investment returns of around 21-37%, which are not easy to achieve as no good firm can promise around 30% per month month after month even with the support of experts.
Overview of Available Trading Instruments
Londonfxlimited.com claims to offer over 2,250 trading instruments, including currency pairs, cryptocurrencies, commodities, indices, and shares. They also claim to have investment proposals. In most cases, these tools are not available on the only platform provided – WebTrader. This is a fairly simple browser terminal.
Trading Platform Analysis
London Limited offers trading access via its proprietary browser platform, the so-called WebTrader. The platform does not have a mobile application, and clients can trade only from a desktop. WebTrader is advertised as offering instant execution, high liquidity, and zero spreads.
This platform includes a number of risks. There is no mobile support, and there is a limited set of features, which is highly uncomfortable for trading. The drawbacks of this platform are the execution of fictitious transactions, the lack of real liquidity, and manipulative actions of the company’s staff. In addition, the terminal lacks important trader tools, does not support indicators, PAMM accounts and copy trading functions, which significantly limits this product in terms of advanced trading strategies.
Additional Services
London Partners Ltd offers a number of extra services for beginners and professional traders alike. Those include educational materials: webinars, glossaries, economic calendar. However, once you register and make a deposit, you will no longer be able to access the webinars, which breaks one of the most essential promises of education.
Fee Structure
The fee structure on Londonfxlimited.com is as suspicious as it should be for a scam broker: this company claims to give discounts on commissions for some of its premium account types. In any case, deposit and withdrawal fees are not clearly described. Managers claim that transaction fees are charged by the payment service provider, but hidden charges and fines for inactivity are common. This can seriously deplete a trader’s balance, especially if the account has been inactive for several months.
We invite you to read the Landson Financial Holding SA review, this is a company with a similar fee structure.
Legitimacy of London Partners Ltd
London Limited claims to operate under the purview of the FSA, Seychelles. However, this claim comes out to be wrong as our FSA register check does not show that the broker is listed as a regulated organization.
So, the risks involved with using Londonfxlimited.com are enormous, including the possibility of losing personal data and financial information. Although the company claims to follow AML policies, everything points to the opposite as all transactions are conducted in cryptocurrency, hence the chances of balance depletion are high.
Company History
Domain verification confirmed that London Partners Ltd is a newly established project. According to this information, the brand was founded in late 2024, which directly denies the statements of the company’s management about its reliability, achievements, and guarantees. All this gives serious reason to doubt the reliability of the company.
Conclusion
London Partners Ltd has made a name for itself by offering unfavorable trading conditions with high leverage, higher commissions, and hidden penalties. The trading platform is not fully functional, and the majority of the services that the company claims to offer are not backed by evidence. In light of all the negative reviews and the immense risk involved, investing with this broker is not recommended at all.
Weighing the Pros and Cons
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AML and Withdrawal policies are available.
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False advertising about FSA regulation.
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Many complaints and reports of fraud.
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Unprofitable trading conditions.
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Low-quality platform with few features available.
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The registration process is not straightforward and requires a code from support.
Common Questions
Is there a bonus system?
No, London Partners Ltd does not have a bonus system.
How can I register?
To sign up, you need a code, which must be provided by a company employee.
I had a negative experience with London Limited within just a few days. They grabbed almost the entire balance without any real trading.
Just check the domain and license information, and everything becomes clear. It is not even safe to register here, and investing money is even riskier.