CIMAMalaysiaTier 3Licence number
MB/20/0048
View licence record- Licence holder
- Held by NGEL PARTNERS
- Licence type and regime
- Straight Through Processing(STP)
- Offshore
Not checkedUpdated
At a glance
Regulation on record for NGEL PARTNERS
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 0
- Found on an official register
- 0
NGEL PARTNERS has one licence on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for NGEL PARTNERS, strongest authority first.
1 record
- CIMAMalaysiaTier 3
Protection
What this licence protects
CIMA's own rules for the firms it authorises.
- No compensation scheme
- Client money kept separate
- Complaints routeCIMA Complaints
- Maximum leverage1:500
Frequently Asked Questions
Questions about the licences held by NGEL PARTNERS
Answered from the register entries on this page.
Most Popular Questions
According to WIKILIX data, Ngel Partners offers a maximum leverage of 200:1. This leverage level applies to their trading accounts, including ECN accounts, which have variable spreads and commission fees.
The minimum deposit amount to open an account with Ngel Partners is generally $200 USD, depending on the funding method. For example, bank wire transfers require a minimum deposit of $300 USD, while cryptocurrency deposits can be as low as 0.01 units.
Ngel Partners offers several funding methods including bank wire transfer, Neteller, Bitcoin, Ethereum, and USDT (ERC20 and TRC20). Deposit minimums vary by method, starting from as low as 0.01 units for cryptocurrencies and $200 for e-wallets, with withdrawal fees typically set at 1%.
Ngel Partners supports the MetaTrader 5 platform, which is available on web, iOS, macOS, Android, and Windows. MetaTrader 5 is a multi-asset platform designed for trading Forex, stocks, and futures with advanced analytics and algorithmic trading tools.
Ngel Partners PTE. LTD is regulated and holds a Securities Investment Business Licence in Malaysia. It is overseen by the Cayman Islands Monetary Authority (CIMA), an offshore regulator. The broker complies with regulatory standards applicable in most countries worldwide, excluding North Korea and other UN-sanctioned countries.
NGEL PARTNERS has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
NGEL PARTNERS holds licence records issued by CIMA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by NGEL PARTNERS comes from a tier-1 or tier-2 authority.
Not yet. None of the one licence record held by NGEL PARTNERS has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
NGEL PARTNERS has licence records in Malaysia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.