Ngel Partners Forex Broker

Ngel Partners Review SummaryFounded2019Registered Country/RegionMalaysiaRegulationLabuan FSAMarket InstrumentsForex, Indices, Commodities, Cryptocurrencies, and MetalsDemo Account✅LeverageUp to 1:200SpreadStarting from 0.5 pipsTrading PlatformMT5Minimum Deposit$200Customer Supportsupport@ngelpartners.com+60 087504220Ngel 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 ConsProsConsMT5 availableHigh minimum deposit for ECN accountRegulated by Labuan FSAWithdrawal feesVarious trading instrumentsNo MT4Popular payment optionsDemo account availableIs 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/20/0048What Can I Trade on Ngel Partners? Ngel Partners offers diverse trading options including Forex, Indices, Commodities, Cryptocurrencies, and Metals.Tradable InstrumentsSupportedForex✔Commodities✔Metals✔Indices✔Cryptocurrencies✔Shares❌Bonds❌Account Type Ngel Partners offers two main account types: Standard and ECN. A free demo account is also provided.Standard AccountECN AccountMinimum DepositUS $200US $10,000Spread1.5~2.5 pips (general)0.5~1.0 pips (general)Maximum Leverage1:2001:200Commission$0One way 0.5 pipsLeverage 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 AccountSpread1.5~2.5 pips (general)0.5~1.0 pips (general)Commission$0One way 0.5 pipsTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable forMT5✔Windows, Android, and IOSExperienced tradersMT4❌/BeginnersDeposit 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 TimeBank Wire$3000%2-3 business daysNeteller$200None6 hoursBitcoin0.01 BTC0%1-2 hoursEthereum0.01 ETH0%1-2 hoursUSDT (ERC20)200 USDT0%1-2 hoursUSDT (TRC20)200 USDT0%1-2 hoursWithdrawal OptionsMinimum WithdrawalFeesProcessing TimeBank Wire$3001% (Min. $20 & Up to $100 or less)3-5 business daysNeteller$2001% (Min. $20 & Up to $100 or less)1-2 business daysBitcoin0.01 BTC1% (Min. $20 & Up to $100 or less)1-2 hoursEthereum0.01 ETH1% (Min. $20 & Up to $100 or less)1-2 hoursUSDT (ERC20)200 USDT1% (Min. $20 & Up to $100 or less)1-2 hoursUSDT (TRC20)200 USDT1% (Min. $20 & Up to $100 or less)1-2 hours