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 |
+60 087504220 |
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 | 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 |
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 |
Ngel Partners offers diverse trading options including Forex, Indices, Commodities, Cryptocurrencies, and Metals.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Metals | ✔ |
Indices | ✔ |
Cryptocurrencies | ✔ |
Shares | ❌ |
Bonds | ❌ |
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 |
Ngel Partners offers a maximum leverage of 1:200 for both its Standard and ECN accounts.
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 | Supported | Available Devices | Suitable for |
MT5 | ✔ | Windows, Android, and IOS | Experienced traders |
MT4 | ❌ | / | Beginners |
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 |