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NGEL PARTNERS -

Score

2.22 /10
Danger

NGEL PARTNERS

Malaysia

5-10 years

Suspicious Regulatory License

MT5 Full License

Regional Brokers

High potential risk

https://www.ngelpartners.com

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index0.00

Business Index7.37

Risk Management Index0.00

Software Index8.44

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Ngel Partners PTE. LTD

Company Abbreviation

NGEL PARTNERS

Platform registered country and region

Malaysia

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2026-03-02
  • This broker lacks valid forex regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

NGEL PARTNERS

Malaysia

WikiFX Verification

Exposure

1 pieces of exposure in total
Pyramid scheme complaint
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NGEL PARTNERS · Company summary
Ngel Partners Review Summary
Founded2019
Registered Country/RegionMalaysia
RegulationLabuan FSA
Market InstrumentsForex, Indices, Commodities, Cryptocurrencies, Metals
Demo Account✅
LeverageUp to 1:200
SpreadFrom 1.5-2.5 pips (Standard account)
Trading PlatformMT5
Minimum Deposit$200
Customer SupportTel: +60 087504220
Email: support@ngelpartners.com

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.

Ngel Partners Information

Pros and Cons

ProsCons
MT5 availableHigh minimum deposit
Regulated by Labuan FSAWithdrawal fees charged
Various trading instruments
Popular payment options
Demo accounts available
No deposit fees

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 AuthorityCurrent StatusRegulated CountryLicensed EntityLicense TypeLicense No.
Labuan Financial Services Authority (Labuan FSA)RegulatedMalaysiaNgel Partners Pte. Ltd.Straight Through Processing (STP)MB/20/0048
license

What Can I Trade on Ngel Partners?

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

Tradable InstrumentsSupported
Forex✔
Commodities✔
Metals✔
Indices✔
Cryptocurrencies✔
Stocks❌
Bonds❌
Options❌
ETFs❌
assets

Account Type & Leverage & Fees

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

Account TypeStandard AccountECN Account
Minimum DepositUS $200US $10,000
Maximum Leverage1:200
Spread from1.5~2.5 pips0.5~1.0 pips
Commission$0One way 0.5 pips
Account Type

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT5✔Windows, Android, iOSExperienced traders
MT4❌/Beginners
Trading Platform

Deposit and Withdrawal

Deposit OptionsMinimum DepositDeposit FeesDeposit Time
Bank Wire$30002-3 business days
Neteller$2006 hours
Bitcoin0.01 BTC1-2 hours
Ethereum0.01 ETH
USDT (ERC20)200 USDT
USDT (TRC20)
Deposit and Withdrawal
Withdrawal OptionsMinimum WithdrawalWithdrawal FeesWithdrawal Time
Bank Wire$3001% (Min. $20 & up to $100 or less)3-5 business days
Neteller$2001-2 business days
Bitcoin0.01 BTC1-2 hours
Ethereum0.01 ETH
USDT (ERC20)200 USDT
USDT (TRC20)
Deposit and Withdrawal

User Reviews

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User comment

5

Comments

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95490
more than one year
Pretty user-friendly trading platform. Support is solid and the registration process is straightforward.
Pretty user-friendly trading platform. Support is solid and the registration process is straightforward.
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2024-08-14 11:09
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Zuyi
more than one year
Amount withdrawal is approved but the payment received isn't correct amount which was not the amount I should have received. Please help me to check with it Thank you so much
Amount withdrawal is approved but the payment received isn't correct amount which was not the amount I should have received. Please help me to check with it Thank you so much
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2024-03-29 14:42
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1