Introduction to Ngel Partners
Ngel Partners is an international trading platform offering Forex, CFDs, indices, precious metals, and cryptocurrencies with more than 100 trading instruments. They use the MetaTrader 5 (MT5) platform, supporting trading on desktop, web, and mobile devices.
The broker provides leverage up to 1:200, with a commitment to low spreads and fast deposits/withdrawals. In terms of regulation, Ngel Partners is licensed by the Labuan Financial Services Authority (Labuan FSA, Malaysia) under an STP (Straight Through Processing) license.
Ngel Partners Review Summary
| Item | Details |
|---|---|
| Founded | 2019 |
| Country/Region of Registration | Malaysia |
| Regulation | Labuan FSA |
| Trading Instruments | Forex, Indices, Commodities, Cryptocurrencies, Metals |
| Demo Account | ✅ |
| Leverage | Up to 1:200 |
| Spreads | From 1.5–2.5 pips (Standard Account) |
| Trading Platform | MT5 |
| Minimum Deposit | $200 |
| Customer Support | Phone: +60 087504220 / Email: support@ngelpartners.com |
Pros and Cons
| Pros | Cons |
|---|---|
| MT5 available | High minimum deposit requirement |
| Regulated by Labuan FSA | Withdrawal fees apply |
| Wide range of trading instruments | |
| Popular payment methods supported | |
| Demo account available | |
| No deposit fees |
Is Ngel Partners Trustworthy?
Ngel Partners holds a Straight Through Processing (STP) license regulated by the Labuan Financial Services Authority (Labuan FSA) in Malaysia under license number MB/20/0048.
| Regulator | Current Status | Country | Licensed Entity | License Type | License Number |
|---|---|---|---|---|---|
| Labuan Financial Services Authority (Labuan FSA) | Regulated | Malaysia | Ngel Partners Pte. Ltd. | STP (Straight Through Processing) | MB/20/0048 |
What Can I Trade on Ngel Partners?
| Trading Instrument | Supported |
|---|---|
| Forex | ✔ |
| Commodities | ✔ |
| Metals | ✔ |
| Indices | ✔ |
| Cryptocurrencies | ✔ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Types, Leverage & Fees
Ngel Partners offers two main account types: Standard Account and ECN Account. A free Demo Account is also available.
| 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 |
| Trading Fees | $0 | 0.5 pips per side |
Trading Platform
| Trading Platform | Supported | Devices | Suitable for |
|---|---|---|---|
| MT5 | ✔ | Windows, Android, iOS | Experienced traders |
| MT4 | ❌ | / | Beginners |
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