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Licence record

CIMA licence MB/20/0048

Holder
NGEL PARTNERS
Jurisdiction
Malaysia
Licence type
Straight Through Processing(STP)

This is Wikilix's record of a licence issued by The Cayman Islands Monetary Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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RecordModified Aug 7, 2026

Licence Verification Record

The Cayman Islands Monetary Authority MB/20/0048

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
The Cayman Islands Monetary Authority
Holder
Ngel Partners PTE. LTD
Jurisdiction
Malaysia
Licence type
Straight Through Processing(STP)

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/the-cayman-islands-monetary-authority/ngel-partners/mb-20-0048Fields on file 2 / 11

Open NGEL PARTNERSAbout CIMA
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 3
Jurisdiction
Malaysia
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
MB/20/0048
Licence type (Wikilix classification)
Straight Through Processing(STP)
The authority

About CIMA

The Cayman Islands Monetary Authority is the authority that issued this licence, and the jurisdiction it applies in is Malaysia.

Full name
The Cayman Islands Monetary Authority
Jurisdiction
Malaysia
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1997
Oversight
A government or statutory body
Firms we track under it
1 firm
Regulates
Forex, Bond, Stocks, Options, Derivatives, Commodity, Securities, Futures
Licences it issues
Securities Investment Business Licence
Typical cost of a licence
USD 30000-50000
Public register
Searchable by the public
Transparency
Medium

CIMA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

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
This describes the authority's regime, not how NGEL PARTNERS applies it.
The holder

Who holds this licence

The licence above is recorded against NGEL PARTNERS. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Ngel Partners PTE. LTD
Based in
Malaysia
Wikilix score
30.2the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • NGEL PARTNERS PTE. LTD.Malaysia · Reg. 201908964W · Mar 19, 2019
  • NGEL PARTNERS PTE. LTD.Singapore · Reg. 201908964W · Mar 19, 2019
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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.
Licence MB/20/0048 was issued by The Cayman Islands Monetary Authority (CIMA), the financial authority for Malaysia.
NGEL PARTNERS holds this CIMA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the CIMA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates CIMA tier 3. Supervision is lighter-touch and client protections vary.
Yes, CIMA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
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