The brokerage company offers clients to “both enrich the trading experience and increase potential profits” with the help of advanced technology and a “perfect trading platform”. Judging by the information on the website, the organization is headquartered in London and it has a UK license. However, the legal documents provided give us some doubts.
Will the project really make your trading convenient and profitable? Our review Partner Effect will allow you to take a closer look at the activities of this broker and determine its legitimacy.
How to Trade
The firm invites customers to trade by offering a choice of 6 different asset classes. The list includes stocks, goods, futures, etc. You can also work with CFDs on the Forex market. The broker provides clients with the following features:
- 7 types of tariffs, including accounts with zero spreads.
- Profit manager services with MT4 data.
- Free financial widgets.
The minimum lot size is 0.01 pip. However, there is no information about other important trading parameters, the site does not even indicate the minimum deposit size in different trading plans.
All clients can learn the basics of trading on the site’s “Education” page. Registered users have access to independent analysis.
Partner Effect Vital Info
The founders of the project do not directly indicate the date of its launch. However, we can guess the operation period by the date in the left corner of the site’s footer and by the document located in the “License” section – it is 2023. In addition, our version is confirmed by the domain registration, which took place in June 2023. Meanwhile, it was renewed at the end of March 2024, which makes us doubt the correctness of our conclusions.
We checked the company’s registration in the UK Companies House, and indeed found PARTNER EFFECT COPR LTD there. It is located in the famous MARY AXE skyscraper in London, which is listed as the headquarters on the official website of the hero of our review. As for regulation, the “License” section contains a company registration document, but there is no such company in the British FCA register. And this is not surprising, because it does not have the right to engage in brokerage activities. Is the owner of partnereffect.net hiding behind documents from a financial organization to which he has no connection?
There is no demo account on partnereffect.net. I can't check the functionality and find out how the platform works, what kind of service, all this without risking real money is not possible! This is very bad...
I believe that you can make money here, you can even make very good money, for example, I earned for a few months more than 1,600 dollars, given that I started with the lowest deposit. However, you can lose everything, to be honest, I do not understand why I was so lucky on partnereffect.net, and I made all the decisions on my own, most likely - it was accidental. I do not advise you to trust the analytics that this platform supplies, even though I have heard a lot of good things about it from successful people, but I have never used it myself. It's a bit strange to me that the platform you trade on is also doing analytics!?!?
You will not be able to withdraw money from this dump, that's for sure, you can not even doubt. These freaks scammed me out of $2,540, I have tried to contact tech support several times but the admins won't answer!!! It is unlikely that I will get my money back, but if that happens, I will definitely change this review.
I invested about 7,000 dollars on deposit in partner effect, because my trading USD/CHF, EUR/USD and several other assets brought me good profits at first, I was getting 5-10% per week, but now I am suffering losses of at least 200-300 dollars per day, and this is only with day trading, without leverage. I think this terminal is manipulated.
I can not call this platform other than scam, because the license indicated on the site is actually a fake, Partner Effect has no financial reporting, no statistics. All promises of the broker are not guaranteed, clients should not take the word of this liar who lies on every page of its resource. You should run away from these crooks, it cannot be otherwise. How will you work with such deceivers, who do not even bother to provide any guarantees for their traders? However, what guarantees are there when their website even looks primitive, and it was registered not so long ago. It was immediately clear to me that this is a complete SCAM!
I will tell you that you can open an account with zero spread if you deposit at least $20,000. I traded on the starter plan and lost $4,350 on CFD futures trading, but I don't think it was my fault, I'm sure it was manipulation by the staff.
On May 24th I traded $3400 in USD/CHF. My order was canceled and then re-executed and sold at a lower price. I ended up taking a loss due to this unreliable resource.
I opened an account with this broker almost at the moment it appeared, I saw this site on one of the social networks, and I immediately decided to try to earn on partnereffect. net, but after a few unsuccessful trades I abandoned my account with a balance of about 180 euros, and when I remembered about it a few months later, I had neither login nor password, I even forgot the login data for the e-mail to which I registered my account in Partner Effect, I thought that I had already lost this deposit, and when I asked support to help restore the login, I did not hope for anything. However, the operators were very understanding to my request, to my surprise they asked me some clarifying questions about my account details, my data, then they asked me to send some documents and finally, they restored my account 👍 I'm very happy, many brokerage firms would have just taken my money, basically, I would no longer be able to prove anything....
I do not advise anyone to do business with these scammers. I am writing this review to warn you against possible contact with the fake broker Partner effect. I lost £18,000 on this platform and I don't want gullible guys to repeat my mistakes!
I recently got the feeling that the managers help to drain my money by organizing artificial slippages, I think that soon this trend will soon turn into a regular scam.
I know that CFDs are extremely risky and you should be careful with them. However, some analysts tell me that CFDs are mostly used only by dishonest companies, including all sorts of pseudo brokers. What should I do with the fact that this instrument is listed as available on more advanced and proven platforms? What can I do with CFD contracts? Will I be able to earn regularly on partnereffect.net, or will I only lose money on this site? These are the questions I'm most interested in :(
Does this intermediary have a license? No! However, nothing prevents these crooks from claiming that PARTNER EFFECT has a license (even though any trader can check the information in 2 minutes) and thus deceiving newbies, taking advantage of their trust. I advise you to refrain from working with them.
I'm ready to allocate the 2,000 dollars that I've set aside for trading to once again test a new platform. The point is that I am waiting for a guarantee from Partner Effect, I need it so that I don't repeat the mistakes I made in the past :( Meanwhile, I can't be 90% sure that I won't be scammed here. That's why I just need now to study in detail all the information about partnereffect.net, including your reviews.
Technical support is weak, the operator can not answer elementary questions, I have the impression that amateurs work here and this is their first day of service. Also, I have not found any documents that confirm and prove that partner effect really works in London. Have any of you been to their office or made a successful inquiry? Can you prove that this is a real and not a fake resource? This is all I wanted to say, as I did not register and open an account on this platform, it is risky, I am afraid to lose money, there are no guarantees of safety.
These guys know how to steal money so brazenly and with impunity that they can teach you this “profession” too... I invested $780 in this dump and made a profit about $420, and then I wanted to withdraw all the money because I needed it for another purpose, but I could not withdraw money from partnereffect.net. At first this site gave me some kind of error, then it took 20 minutes to load the page, and after reloading it the error popped up again. I wrote to Partner Effect tech support, but I didn't get a response.
Consultants lie about the amount of the minimum deposit, which isn't indicated on the site, they say that it is 1 dollar, but in fact when registering an account you need to enter 250 dollars minimum. And the firm itself has been operating for less than 1 year, and I don't recommend you to trade with companies that have been operating for less than 10 years and hide trading conditions from their clients.
I work here with pleasure, I'm much more pleasant to trade on partnereffect.net than on other similar platforms, despite the negative reviews of many losers and brawlers that the broker has no license, meanwhile, it does not prevent me from earning every month on 700-900 dollars and withdraw them to the card. And what newcomers or competitors write about the scam-project Partner Effect, it is not interesting to me at all. To be honest, I was a little worried about the license issue at first and rumors about alleged fraud on the part of this firm, but I decided not to believe anonymous critics from the Internet, and try to make money on this market. I made a small deposit, and for a month I multiplied it several times and quietly withdrew the profit. Everything is good, I made conclusions and now I trade here steadily.