Global Broker Regulation Inquiry App
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Ngel Partners

Malaysia | 5-10 years |
Regulated in Malaysia | Straight Through Processing (STP) | MT5 Full License | Regional Brokers

https://www.ngelpartners.com/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

NgelPartnersPteLtd-Server

United Kingdom
MT5
2

Influence

D

Influence index NO.1

Germany 2.53

MT4/5 Identification

MT4/5 Identification

Full License

2
Server Name
NgelPartnersPteLtd-Server MT5
Server Location United Kingdom

Influence

Influence

D

Influence index NO.1

Germany 2.53
Surpassed 57.10% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+60 087504220
support@ngelpartners.com
https://www.ngelpartners.com/
Unit B, Lot 49, 1st Floor, Block F, Lazenda Warehouse 3, Jalan Ranca Ranca, F.T. Labuan, Malaysia 87000

Licenses

Licensed Entity:Ngel Partners Pte. Ltd.

License No. MB/20/0048

VPS Standard
No restriction on the broker account
Open

Basic Information

Registered Region
Malaysia
Operating Period
5-10 years
Company Name
Ngel Partners PTE LTD
Abbreviation
Ngel Partners
Company employee
--
Customer Service Email Address
support@ngelpartners.com
Contact Number
+60087504220
Company address
Unit B, Lot 49, 1st Floor, Block F, Lazenda Warehouse 3, Jalan Ranca Ranca, F.T. Labuan, Malaysia 87000
Keywords 5
5-10 years
Regulated in Malaysia
Straight Through Processing (STP)
MT5 Full License
Regional Brokers

HurtD

Unverified

Hong Kong

I deposited $500 on May 11, 2021 for 0.0086 bitcoin. (Handling fees included). The highest price that day was under 57,000. I applied for withdrawal of $490 on May 15, 2021 and I received 0.00775123 bitcoin. In the end, I lost over $150

Exposure

2021-05-17

95490

Unverified

Nigeria

Pretty user-friendly trading platform. Support is solid and the registration process is straightforward.

Positive

2024-08-14

FX1421744036

Unverified

Singapore

Ngel Partners is a reliable trading company that offers a variety of trading products. I would rate it as a neutral broker with some strengths and weaknesses. One of the strengths of Ngel Partners is its diverse range of trading products, which allows traders to choose from various assets to invest in. The trading conditions are also favorable, with low spreads and high leverage available. Additionally, Ngel Partners provides clients with excellent customer service and fast response times.

Neutral

2023-04-04

FX1421744036

Unverified

Singapore

However, Ngel Partners falls short in terms of regulation, as it is not regulated by major financial authorities like FCA or ASIC. This could be a cause of concern for traders who prioritize a regulated trading environment. Furthermore, the website could use some improvements to enhance its user experience and functionality.

Neutral

2023-04-04

FX1140945768

Unverified

Singapore

Even though Ngel Partners has a regulatory license, I still saw people being scammed. There are too many scammers in the foreign exchange industry. We must be vigilant!

Neutral

2022-12-12

5
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Company Summary
Comment
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Full License MT5
0
MT4 Servers
1
MT5 Servers
224.50
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
Perfect

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Official website

Website

ngelpartners.com
104.238.183.215
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Genealogy

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Relevant Enterprises

NGEL PARTNERS PTE. LTD.(Singapore)
Deregistered
Singapore
Registration No. 201908964W
Established 2019-03-19
Related sources Website Announcement

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

Keywords

  • 5-10 years
  • Regulated in Malaysia
  • Straight Through Processing (STP)
  • MT5 Full License
  • Regional Brokers

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