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Overton Partners Ltd Review | Group of Real Professionals or a Scam?

by Kevin Berry
Rating: 
  1/5   Reviews: 2
Overton Partners Ltd - logo

Overton Partners Ltd, a CFD broker, offers traders a record number of assets for trading – more than 40,000. Deals are made on one of the most efficient trading platforms, and a small group of real professionals provides training and consulting to clients. In other words, the company “provides wings to fly” (as it is written on the main banner of the homepage). We just need to find out if this is a scam and how far we can fly on these wings. Let’s see what open sources and reviews on the internet say about this project.

Highlights

🏛️ Country UK
⚠️ Regulation
🖥️ Website https://www.overtonpartnersltd.com/
🎲 Demo Account No
⏳ Start Time 2022
💲 Minimum Deposit £5,000
⚖️ Minimum and Maximum Leverage 1:20 – 1:100
⚙️ Trading Platform WebTrader
📨 E-mail
📞 Phone +44 7341 156682 (WA only)

First Impression of Overtonpartnersltd.com

It seems that the creators of Overton Partners Ltd decided to provide brokerage services for Forex and CFD not out of the goodness of their hearts. This idea is suggested by the official website, which can only be called a cheap third-rate product. This opinion is formed from a multitude of inconsistencies on its pages.

Overton Partners Ltd - website

The “About us” section does not mention anything about the company, only useless and unreliable information about supposedly trading offers. News, trading calendar, and other widgets are just free content from TradingView, available to every registered portal user. In other words, it would be very interesting to see that naive trader who would risk even a minimum of 5,000 pounds on these disabled “wings for flight” from Overton Partners Ltd.

Account Opening on Overtonpartnersltd.com

The registration form in standard scripts is quite difficult to spoil, so there are almost no complaints about it. Here, potential clients of Overton Partners Ltd are required to enter:

  • Minimum personal data (first name, last name, date of birth).
  • Contact information (phone number and email address)
  • Password.

It is mandatory to confirm that you have read and agreed to the Terms and Conditions when filling out the registration form. Interestingly, Overton Partners Ltd tries to protect itself from auto-registrations by requiring users to enter a captcha. However, it completely ignores the verification of user contact information, which would be more reliable protection and fully follow KYC policy standards.

Registration

In the case of registering with Overton Partners Ltd, the user is immediately directed to the Client Portal after filling out the required fields. The account interface still features the same unimpressive design. However, all necessary functions such as editing personal information, depositing and withdrawing funds, and viewing transaction history are present.

Overton Partners Ltd - Client Portal

Verification

The standard verification process at Overton Partners Ltd involves the submission of various personal and financial documents to confirm the trader’s identity and compliance with KYC and AML regulations. This process includes providing a government-issued ID, proof of address, and possibly a bank statement or other financial documentation.

Pros
  • It is convenient for traders to upload their documents.
Cons
  • The broker does not specify how long it will take to complete.

Trading Software

The broker’s platform is quite disappointing, to say the least. First, it’s a web trader, which means there’s no downloadable app, and you have to rely on the website to access the market. The platform has very limited functionality, and it lacks the advanced features that experienced traders need. The design is bland and unattractive, and there’s nothing to keep traders engaged. The Overton Partners Ltd platform seems to be aimed at beginners who are just starting, but even they would find the lack of tools and options frustrating.

Features Overton Partners Ltd Oanda ToroProfit
Demo Account ❌️ ✔️
Mobile App ✔️
Own Development ✔️

How Can I Trade With Overton Partners Ltd?

Overton Partners Ltd offers CFD trading and claims to provide the best trading conditions in its pursuit to become the number one trading platform.

All Info About Accounts

Overton Partners Ltd seems to have an unbridled imagination, as is evident in the “About Us” section. There traders are told about the availability of 2,500 currency pairs and 40,000 stocks and indices for trading. However, it is highly unlikely that any trader would be interested in a Cambodian riel/Moroccan dirham pair or stocks traded on the Nicaraguan stock exchange. Moreover, it is unclear where the “broker” will find quote providers for such instruments. However, the company itself quickly refutes its claims. If you look at the list of tradable assets in the terminal, you will find that there are only around 300.

In addition, the trading conditions are simply a nightmare. The minimum deposit is £5,000 and there is no demo account, making it unsuitable even for beginners. A serious trader wouldn’t even consider such a scam.

Pros
  • None.
Cons
  • High minimum deposit
  • Ridiculous trading conditions.

Market Analysis and Education With Overtonpartnersltd.com

Overton Partners Ltd claims to provide education and market analysis, but let’s be honest. Who are these anonymous traders giving out signals left and right? It’s safe to assume that they are nothing but scammers trying to lure in unsuspecting traders.

Deposit, Withdrawal, and Fees

Like any other scam project, Overton Partners Ltd avoids publishing any real data, including payment details. The deposit process is very straightforward, with the client having to provide the account number and transfer amount (although for some reason in euros, despite the currency being in pounds sterling). After submitting the form, the trader will receive a “Thank you for registering” message. Of course, the broker will not refuse to receive the money. A staff member from Overton Partners Ltd will provide the trader with the necessary details for transferring funds and the preferred method of communication in a phone conversation.

Features Overton Partners Ltd Gainful Markets Infinity Markets
Debit/Credit Cards ✔️ ✔️ ✔️
Electronic Payments ✔️
Crypto Transfers ✔️
Deposit Fee ✔️
Withdrawal Fee ✔️ ✔️

How Can I Contact It?

There is no phone number or email address in the contacts. Perhaps Overton Partners did not have enough money to buy a mobile number and a hosting plan with a mail server.

Pros
  • None.
Cons
  • No full contact details.

Is Overton Partners Ltd Dangerous?

The official website of Overton Partners makes us want to donate a couple of dollars to “bring it up to scratch.” However, the broker says he won’t agree to a deposit of fewer than 5,000 pounds. Let’s try to figure out what his unreasonable appetites are based on.

How Long Does The Broker Work?

By placing statistics on the homepage, Overton Partners Ltd claims to have 10 years of experience. It even coincides with the time since the real company was registered, which this fake broker appropriated the name of.

However, a domain check gives us completely different information. It was only purchased on December 22, 2022, and began operating fully on December 30. That is, we are talking about only two months of “experience” instead of 10 years. Naturally, against this background, the statistics and numbers are just ridiculous:

  • 450,000 clients could have been accumulated during this time by attracting at least 50,000 visitors daily
  • 140 awards mean that the project received 3 awards per day.
  • 3,500 professional traders are total nonsense. None of them will leave their jobs on real stock exchanges for a dubious Forex broker that is only two months old.

Clearly, all of this should impress newbies who don’t know how to check a company or haven’t learned to read to look at reviews and feedback online.

How Is Overton Partners Ltd Regulated?

Overton Partners Ltd boldly provided the company registration number in the footer of the page, but modestly omitted the country of registration. We know that these are British numbers in the UK registry, and the phone number in the WA account suggests that we are not mistaken.

Legal entity check

A check of the registry gives an interesting result. There is such a company registered on July 1, 2013, engaged in “financial intermediation not included in other categories” literally. Perhaps the creators of Overton Partners Ltd believe that this type of activity includes the services of brokers in the Forex and CFD markets. However, they forgot that any brokerage also requires a license from the FCA regulator. And Overton Partners Ltd does not have that.

License check

Since this is quite strict in the UK, we come to a simple conclusion. There is no real registration and license for brokerage activities for something that pretends to be the Overton Partners Ltd company (let’s call it a fake broker).

Features Overton Partners Ltd Nexon Groups  InvestFW
European Zone ✔️
Asian Zone
American Zone
African Zone
Offshore

Frequently Asked Questions (FAQ)

How to Trade With Overton Partners Ltd?

First, you need to register. Next, you also need to complete the verification process to comply with the company's regulatory requirements. Once your account is set up, you can deposit funds and start trading.

Is Overton Partners Ltd Legit?

The company claims to be registered in the UK, but the registration number they provide actually belongs to a different legal entity.

How Risky Is It?

Overton Partners Ltd is a high-risk company that may engage in fraudulent activities. The company has been flagged by multiple regulators, and the fact that they claim to be registered in the UK using a registration number belonging to another entity is a major red flag.
Kevin Berry
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Expert Opinion

Here’s the deal: Ced Capital Limited, Overton Partners Ltd, and Finance Me Consultancy (or fimec.io), and who knows what else are all part of the same shady family. They’re like those identical twins who switch places to fool their teachers. And let me tell you, trading with these guys is like playing a game of Russian roulette with a loaded gun. One wrong move and BOOM – your money’s gone faster than you can say “scam.” So my advice? Stay far, far away from these jokers and invest your cash in something more reliable, like a lifetime supply of avocado toast.

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Overton Partners Ltd rating

The level of trust
Quick withdrawal of funds
Efficiency of technical support
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The level of trust
Quick withdrawal of funds
Efficiency of technical support

2 reviews about Overton Partners Ltd

Henry March 13, 2023 - 19:06
I had the misfortune of dealing with Overton Partners Ltd
The level of trust

It was a nightmare from start to finish. Their customer service was non-existent and their trading platform was clunky and unreliable. Save yourself the headache and find a better broker.

Reply
Misha March 22, 2023 - 12:44
Overton Partners Ltd is a total scam
The level of trust
Quick withdrawal of funds
Efficiency of technical support

They lure you in with promises of big profits and then disappear with your money. Stay far away from this shady operation.

Reply

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