Score
Ngel Partners
https://www.ngelpartners.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
NgelPartnersPteLtd-Server
Influence
D
Influence index NO.1
MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
D
Influence index NO.1
Contact
Licensed Entity:Ngel Partners Pte. Ltd.
License No. MB/20/0048
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
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ngelpartners.com
104.238.183.215Server LocationUnited States
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Company Summary
| Ngel Partners Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Malaysia |
| Regulation | Labuan FSA |
| Market Instruments | Forex, Indices, Commodities, Cryptocurrencies, Metals |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Spread | From 1.5-2.5 pips (Standard account) |
| Trading Platform | MT5 |
| Minimum Deposit | $200 |
| Customer Support | Tel: +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.

Pros and Cons
| Pros | Cons |
| MT5 available | High minimum deposit |
| Regulated by Labuan FSA | Withdrawal 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 Authority | Current Status | Regulated Country | Licensed Entity | License Type | License No. |
| Labuan Financial Services Authority (Labuan FSA) | Regulated | Malaysia | Ngel Partners Pte. Ltd. | 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 | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |

Account Type & Leverage & Fees
Ngel Partners offers two main account types: Standard and ECN. A free demo account is also provided.
| Account Type | Standard Account | ECN Account |
| Minimum Deposit | US $200 | US $10,000 |
| Maximum Leverage | 1:200 | |
| Spread from | 1.5~2.5 pips | 0.5~1.0 pips |
| Commission | $0 | One way 0.5 pips |

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

Deposit and Withdrawal
| Deposit Options | Minimum Deposit | Deposit Fees | Deposit Time |
| Bank Wire | $300 | 0 | 2-3 business days |
| Neteller | $200 | 6 hours | |
| Bitcoin | 0.01 BTC | 1-2 hours | |
| Ethereum | 0.01 ETH | ||
| USDT (ERC20) | 200 USDT | ||
| USDT (TRC20) |

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

Keywords
- 5-10 years
- Regulated in Malaysia
- Straight Through Processing (STP)
- MT5 Full License
- Regional Brokers
Wiki Q&A
What are the pros of Ngel Partners?
The main pros for me are that Ngel Partners is regulated by Labuan FSA, which provides a level of trust and security. Additionally, they offer a variety of trading instruments, provide the MT5 platform, and offer a free demo account, which is great for practicing without risking real money.
Are there withdrawal fees?
Yes, Ngel Partners charges a 1% fee for bank wire withdrawals, with a minimum of $20 and a maximum of $100. The fees for other withdrawal methods aren’t specified in the details provided, so they might be lower or even free.
What is the minimum withdrawal at Ngel Partners?
The minimum withdrawal is $300 for bank wire transfers and $200 for Neteller. For cryptocurrency withdrawals, the minimum is 0.01 BTC, 0.01 ETH, or 200 USDT.
How long does Ngel Partners' withdrawal take?
The withdrawal time depends on the method used. Neteller withdrawals generally take 1-2 business days, while Bitcoin withdrawals can be processed within 1-2 hours. Bank wire withdrawals, however, may take 3-5 business days to process.
User Reviews 5
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HurtD
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
95490
Nigeria
Pretty user-friendly trading platform. Support is solid and the registration process is straightforward.
Positive
FX1421744036
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
FX1421744036
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
FX1140945768
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