Score

5.71 /10
Average

Ngel Partners

Malaysia

5-10 years

Regulated in Malaysia

Straight Through Processing (STP)

MT5 Full License

Regional Brokers

D

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Comparison

Quantity 1

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Score

Regulatory Index3.92

Business Index7.20

Risk Management Index9.65

Software Index8.44

License Index3.92

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Licenses

VPS Standard
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Single Core

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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

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Ngel Partners · Company summary
Ngel Partners Review Summary
Founded2019
Registered Country/RegionMalaysia
RegulationLabuan FSA
Market InstrumentsForex, Indices, Commodities, Cryptocurrencies, and Metals
Demo Account
LeverageUp to 1:200
SpreadStarting from 0.5 pips
Trading PlatformMT5
Minimum Deposit$200
Customer Supportsupport@ngelpartners.com
+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.

Ngel Partners Information

Pros and Cons

ProsCons
MT5 availableHigh minimum deposit for ECN account
Regulated by Labuan FSAWithdrawal fees
Various trading instrumentsNo 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 AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Labuan Financial Services Authority (Labuan FSA)RegulatedMalaysiaStraight 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
Shares
Bonds
assets

Account Type

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

Standard AccountECN Account
Minimum DepositUS $200US $10,000
Spread1.5~2.5 pips (general)0.5~1.0 pips (general)
Maximum Leverage1:2001:200
Commission$0One way 0.5 pips
Account Type

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 AccountECN Account
Spread1.5~2.5 pips (general)0.5~1.0 pips (general)
Commission$0One way 0.5 pips

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT5Windows, Android, and IOSExperienced traders
MT4/Beginners
Trading Platform

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 OptionsMinimum DepositFeesProcessing Time
Bank Wire$3000%2-3 business days
Neteller$200None6 hours
Bitcoin0.01 BTC0%1-2 hours
Ethereum0.01 ETH0%1-2 hours
USDT (ERC20)200 USDT0%1-2 hours
USDT (TRC20)200 USDT0%1-2 hours
Deposit and Withdrawal
Withdrawal OptionsMinimum WithdrawalFeesProcessing Time
Bank Wire$3001% (Min. $20 & Up to $100 or less)3-5 business days
Neteller$2001% (Min. $20 & Up to $100 or less)1-2 business days
Bitcoin0.01 BTC1% (Min. $20 & Up to $100 or less)1-2 hours
Ethereum0.01 ETH1% (Min. $20 & Up to $100 or less)1-2 hours
USDT (ERC20)200 USDT1% (Min. $20 & Up to $100 or less)1-2 hours
USDT (TRC20)200 USDT1% (Min. $20 & Up to $100 or less)1-2 hours
Deposit and Withdrawal

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User comment

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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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