Ngel Partners Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-27 18:45

Abstract：Ngel Partners is a brokerage regulated by Labuan FSA in Malaysia, offering trading in forex, indices, commodities, cryptocurrencies, and metals via the MT5 platform with a minimum deposit of $200 and leverage up to 1:200.

Ngel Partners Review Summary
Founded	2019
Registered Country/Region	Malaysia
Regulation	Labuan FSA
Market Instruments	Forex, Indices, Commodities, Cryptocurrencies, and Metals
Demo Account	✅
Leverage	Up to 1:200
Spread	Starting from 0.5 pips
Trading Platform	MT5
Minimum Deposit	$200
Customer Support	support@ngelpartners.com
Customer Support	+60 087504220

Ngel Partners Information

　　Ngel Partners is a brokerage regulated by Labuan FSA in Malaysia, offering trading in forex, indices, commodities, cryptocurrencies, and metals via the MT5 platform with a minimum deposit of $200 and leverage up to 1:200.

Pros and Cons

Pros	Cons
MT5 available	High minimum deposit for ECN account
Regulated by Labuan FSA	Withdrawal fees
Various trading instruments	No MT4
Popular payment options
Demo account available

Is Ngel Partners Legit?

　　Ngel Partners has a Straight Through Processing (STP) license regulated by Labuan Financial Services Authority (Labuan FSA) in Malaysia with a license number of MB/20/0048.

Regulated Authority	Current Status	Regulated Country	License Type	License No.
Labuan Financial Services Authority (Labuan FSA)	Regulated	Malaysia	Straight Through Processing (STP)	MB/20/0048

What Can I Trade on Ngel Partners?

　　Ngel Partners offers diverse trading options including Forex, Indices, Commodities, Cryptocurrencies, and Metals.

Tradable Instruments	Supported
Forex	✔
Commodities	✔
Metals	✔
Indices	✔
Cryptocurrencies	✔
Shares	❌
Bonds	❌

Account Type

　　Ngel Partners offers two main account types: Standard and ECN. A free demo account is also provided.

	Standard Account	ECN Account
Minimum Deposit	US $200	US $10,000
Spread	1.5~2.5 pips (general)	0.5~1.0 pips (general)
Maximum Leverage	1:200	1:200
Commission	$0	One way 0.5 pips

Leverage

　　Ngel Partners offers a maximum leverage of 1:200 for both its Standard and ECN accounts.

Ngel Partners Fees

　　Ngel Partners offers Standard Accounts with 1.5-2.5 pips spreads (no commission) and ECN Accounts with tighter 0.5-1.0 pips spreads plus 0.5 pips commission per trade.

	Standard Account	ECN Account
Spread	1.5~2.5 pips (general)	0.5~1.0 pips (general)
Commission	$0	One way 0.5 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	Windows, Android, and IOS	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

　　Ngel Partners requires a minimum deposit of US $200 for a Standard Account and US $10,000 for an ECN Account.

Deposit Options	Minimum Deposit	Fees	Processing Time
Bank Wire	$300	0%	2-3 business days
Neteller	$200	None	6 hours
Bitcoin	0.01 BTC	0%	1-2 hours
Ethereum	0.01 ETH	0%	1-2 hours
USDT (ERC20)	200 USDT	0%	1-2 hours
USDT (TRC20)	200 USDT	0%	1-2 hours

Withdrawal Options	Minimum Withdrawal	Fees	Processing Time
Bank Wire	$300	1% (Min. $20 & Up to $100 or less)	3-5 business days
Neteller	$200	1% (Min. $20 & Up to $100 or less)	1-2 business days
Bitcoin	0.01 BTC	1% (Min. $20 & Up to $100 or less)	1-2 hours
Ethereum	0.01 ETH	1% (Min. $20 & Up to $100 or less)	1-2 hours
USDT (ERC20)	200 USDT	1% (Min. $20 & Up to $100 or less)	1-2 hours
USDT (TRC20)	200 USDT	1% (Min. $20 & Up to $100 or less)	1-2 hours