Partners Special Capital Limited

Today, in our review, we discuss another CFD broker — Partners Special Capital Limited. The company has presented traders with a whole “bouquet” of offers that are hard to resist. Here, there’s trading on the best platform that has received 30+ awards, full regulation, and an excellent set of trading instruments. However, trusting such promises means handing over your money to the creators of this scam project. What’s wrong with it? Read on to find out.

Overview of Partners Special Capital Limited

Want to choose a broker wisely? You’ll have to find and study as much information about it as possible. We recommend starting by getting acquainted with the company through its official website, as we did next.

Broker History

Partners Special Capital Limited continues to praise its offerings. However, besides advertising, we would like to see something more interesting and specific, such as information from its history.

However, its creators have decided that such info is unnecessary for traders. Considering that modesty is not a characteristic feature of the broker, we can conclude that it simply has nothing to tell. This means, at the very least, that the project has just started. It doesn’t share its plans, which may indicate their complete absence. This raises suspicions that the company may be fraudulent, but it’s too early to say definitively.

Partnersspecialcapital.vip Website

Honestly, we didn’t like the broker’s official website at all. There are serious flaws even in its design. For example, a banner on the homepage doesn’t fit into the overall design concept. It’s overloaded, as if programmers tried to create a one-page site but then decided to distribute the information across multiple pages. Criticism of the menu system is also unavoidable: it’s entirely unclear that descriptions of account types should be found in “Platforms” section, and “About Us” section contains only FAQs and some documents.

The content is even more disappointing:

• There’s no information about the company itself. It seems that content authors couldn’t find a couple of kind words about it.
• They managed to write only “Privacy Policy” and “Terms & Conditions” out of the documents regulating the broker’s relationship with traders. The risk notification (specifically, what is presented in the footer) doesn’t address any questions and looks more like a pitiful scrap of text copied from another site. Important documents like AML and KYC Policies, mandatory for a regulated broker today, were not found.
• The broker doesn’t mention anything about payment methods for non-trading transactions and their terms (limits, deadlines, commissions).
• In the descriptions of trading asset groups, Partners Special Capital Limited posted some incomprehensible texts. Its managers seem to be unaware of contract specifications.

In short, this website cannot be used to attract clients. It’s more likely to repel traders. However, it seems that the broker solves the task of acquiring new users through other methods (such as calling phone numbers from the available database). Such an approach is also characteristic of fraudulent platforms.

Registration Process and Personal Account

To start full-fledged work with Partners Special Capital Limited, a trader needs to create an account. This task is not complicated. The broker requires a minimum of data.

A user needs to enter:

• Personal details: first and last name, date of birth, country of residence.
• Contact information: email and phone number.
• Account details: the account’s currency.
• Authorization data: password.

Additionally, users have to go through the reCaptcha check and confirm that they have read and agree to “Terms & Conditions”.

Differences from the registration process of regulated brokers are noticeable immediately:

1. The amount of personal data required by Partners Special Capital Limited is significantly less. For example, it doesn’t request a residential address and doesn’t offer traders to fill out a questionnaire based on which it will assign the status of a retail or professional investor.
2. SMS or email verification codes are not sent.
3. Real brokers usually force a client to read and accept many more documents. At a minimum, they include Privacy Policy and Risk Disclosure, and most companies also have KYC and AML Policies.
4. Additionally, almost all brokers (even most scam projects) require confirmation that a user is not a resident or tax resident of the United States. Here, this rule is ignored.

It seems that creators have no idea how regulated brokers operate, or what legal requirements and regulations they must comply with. And after that, they talk about full regulation and licensing. It’s already funny.

Nevertheless, after submitting the filled form, the user gets an active account. It should be noted that Partners Special Capital Limited uses a standard template, which many scam brokers operate with. Externally, it implements all the functions necessary for managing the account and ensuring the trading process.

The functionality of the dashboard allows:

• Edit personal data, submit documents for verification, and change the profile password.
• Conduct non-trading operations: fund accounts and submit withdrawal requests.
• View the history of trading transactions and financial operations.
• Receive a referral code and monitor the user’s success in the affiliate program.
• Communicate with customer support.

No one even thought about fixing the problems that arose during registration. For example, there’s nowhere to enter the residential address, but the broker conducts documentary verification. Moreover, the profile doesn’t even provide an option to enable 2FA.

As a result, we see that the security promised by Partners Special Capital Limited to its clients is nothing more than empty words. However, scammers have no reason to care about it. The money transferred by users is stored securely, and virtual amounts in the accounts of project employees are not of interest.

Trading Platform

On the homepage and in “Platforms” section, Partners Special Capital Limited talks a lot about the advantages of its trading terminal. It’s both innovative, places and executes orders almost instantly, and has an advanced interface. However, according to experienced traders, all these promotional claims hardly resemble the truth, and the number of real software issues is very significant.

Judge for yourself:

• In the market overview (a list of available trading assets with current quotes), users have no ability to limit the number of tickers. This significantly complicates the search for necessary instruments, especially affecting trading systems where maximum reaction speed to market changes is required. Including tickers in the favorites list is not a solution — these settings are not saved.
• There are only 4 positions in the list of graphic analysis tools. From a trader’s perspective, this is insufficient, and many are forced to modify trading systems, losing signal accuracy.
• In the only web version of the terminal available to clients, there’s no provision for developing indicators and trading robots, as well as connecting them.
• This platform variant doesn’t allow saving price charts and platform settings. As a result, they have to be manually restored at the beginning of a new session or after losing a connection to the server.

Thus, the trading platform of Partners Special Capital Limited cannot boast of quality, and its drawbacks will lead to trader losses instead of the expected profit. Obviously, this is related to the broker’s refusal to provide a demo account, where all terminal issues would be too noticeable. After funding the account, traders are left to use the offered software since the platform has no alternative options.

Contacts

The Contact Us page is one of the few where some useful information can be found. Partners Special Capital Limited publishes here all possible ways for a trader to contact company representatives.

Clients can:

• Submit a request through the feedback form.
• Send a message to the email support@partnersspecialcapital.net.
• Reach out by phone at +442081572669.

The company’s address is also published here: 155-157 Minories, EC3N 1LJ London, UK. Perhaps, this is the only place on the website where this information is available.

The absence of links to social media profiles is striking. It seems that Partners Special Capital Limited doesn’t need an influx of clients from social media (as well as search engines), or the staff is so small that allocating someone to work with groups and channels is simply not possible. There’s another explanation: ‌project creators don’t expect the scam platform to last more than 3-4 months. Accordingly, creating public profiles is impractical.

Analysis of Services Offered by Partners Special Capital Limited

The conditions of non-trading operations and the terms of trading transactions play a significant role in choosing a broker. Let’s explore what the firm offers to traders from this perspective.

Funding and Withdrawal

Payment methods are not mentioned at all on the official Partners Special Capital Limited website. The only clue for contemplation is the logos of payment systems in the page footer. We could attempt to deduce that the broker uses the following methods for depositing and withdrawing funds:

• Bank transfers within the SEPA system.
• Debit/credit cards (VISA/MasterCard).
• Cryptocurrencies, particularly Bitcoin.

However, all of these are speculations, and real information should be sought in the user’s account. Even here, the broker preferred to use methods familiar to scammers. When attempting to deposit funds, users are asked for their number and the amount they intend to deposit. After submission, traders receive a message of gratitude with information that an account manager will contact them. It should be understood that this manager will provide the payment details.

Such an approach is characteristic of scammers. They resort to it to ensure anonymity and avoid drawing the attention of financial and tax authorities.

Partners Special Capital Limited Trading Conditions

The situation with the publication of trading conditions turned out to be catastrophic. Normally, brokers publish this information in contract specifications for trading instruments or in tables with account types. However, this is not the case for Partners Special Capital Limited. The company decided that for traders, knowledge of leverage, spreads, swaps, transaction limits, etc., would be too much of a luxury. Therefore, in the tariff plans table, you can only find the sizes of the minimum deposit. Other parameters of transactions will have to be clarified by the client directly during trading.

So, the broker offers 4 types of trading accounts:

• Forex-Crypto with a minimum deposit of £100.
• Commodities with a minimum deposit of £5,000.
• Stock-Market with a minimum deposit of £25,000.
• Index with a minimum deposit of £117,000.

Where this unusual figure of 117k comes from, we think even the table’s author won’t be able to answer. Let’s attribute it to manifestations of creative nature and focus on the other options. Naturally, most of them have nothing to do with trading conditions. Moreover, experienced traders will never demand them.

For beginners or those who have not yet learned to make trading decisions independently, the help of a personal manager, PAMM accounts, and copy trading will be very useful. It’s precisely this audience that forms the client base of Partners Special Capital Limited. Therefore, these options receive so much attention.

Unique Features

In the list of accounts, Partners Special Capital Limited has a Savings Account with monthly interest accrual. There’s no set minimum deposit for it, but the interest rate is set at 21-37%. However, the conditions don’t specify what determines its specific size. Overall, the terms of the service don’t contain specific data. How the fixed rates and the freedom to choose conditions relate to each other? What amount is insured? What does online capital management mean? These questions currently have no answers.

Is Partners Special Capital Limited Trustworthy and Reliable?

Naturally, traders consider confirmed information about registration, licensing, etc., as the main arguments in favor of the broker’s honesty. Therefore, we only need to verify these.

Assessing Legitimacy

The creators of Partners Special Capital Limited have published its address and phone number in the United Kingdom. It allows us to assume that the firm has been registered in this country, and these details can be checked in the Companies House database.

The check revealed that there was a company with a 100% name match in the registry. It’s been operating since 2011 and is engaged in financial intermediation. However, it has no connection to CFDs.

Firstly, Partners Special Capital Limited doesn’t have a license from the local regulator FCA, based on which broker services are provided (or any license at all). Secondly, the real company talks about its activities on its official website partners-cap.com. It’s indeed engaged in intermediation, finding independent fund managers for client capital. At the same time, it prefers private (non-exchange) markets — investments in real estate and private debts, and direct investments. There’s no mention of providing broker services on this site.

Thus, we have a typical situation — the broker is hiding behind the name of an existing company and is engaging in illegal activities. Moreover, it has neither a real registration nor a license.

Established Track Record

We only need to find out how long Partners Special Capital Limited has been in existence. To do this, we use information about the registration date of the whois service domain.

As we can see, the domain was registered on October 26, 2023. However, a review of web archive snapshots shows that as of December 23, there was nothing on the site except a message that the domain had previously been registered through NameCheap. Thus, we have a real working time of this broker online of about 1 month. The 30+ awards mentioned in the statistics during this time are a new world record (approximately 1 award per day).

By the way, the owners have already changed the domain of their brainchild several times. At the moment, the platform operates here: partnersspecialcapital.vip.

Implications for Traders

Partners Special Capital Limited is undoubtedly created by scammers to attract client funds, which will be misappropriated. This is indicated by operating under the name of a genuinely existing company, the absence of a license, unreliable information on the website, etc. To avoid losing your money, it’s better to stay away from this pseudo-broker.

Strengths and Weaknesses