Labuan Financial Services Authority (Labuan FSA) was established on 15 February 1996 under the Labuan Financial Services Authority Act 1996. Labuan FSA is the statutory body responsible for the development and administration of the Labuan International Business and Financial Centre (Labuan IBFC). Labuan FSA’s key role is to license and regulate licensed entities operating within Labuan IBFC and to ensure all such entities remain in compliance with the internal and international best standards adopted by the jurisdiction. Labuan FSA also develops policies for the orderly conduct of business and financial services in Labuan IBFC.
License Type:Straight Through Processing(STP)
Regulated in Country/AreaMalaysia
Regulatory License No.：MB/20/0048
Email Address of Licensed Institution :firstname.lastname@example.org
License Type:No Sharing
Website of Licensed Institution :
Expiry Date :--
Address of Licensed Institution :Office 5, Robin Business Centre 3, 1st Floor, Lot 52, Block E, O&G SEC Lazenda Warehouse, Jalan Ranca-Ranca, 87000 Labuan F.T
Phone Number of Licensed Institution :087-504 220
Most visited countries/areas
The data are from WIKI Research 2021.09.17 updated
WikiFX prompts you
Please choose wisely! Please avoid unnecessary lossContinue
Insufficient data samples
Insufficient data samples，Browsing is not supported temporarily
You can check the real-time processing progress in 'User Center-My Release-Ponzi Scheme'
General Information & Regulation
Ngel Partners Pte. Ltd. is a company that strives to provide services in the foreign exchange (FX), headquartered in Labuan, Malaysia. Ngel Partners acquired the official license for Money broking at the Labuan FSA in Malaysia in 2019. Ngel Partners is currently focusing on servicing tradings on cryptocurrencies to many users around the world including Asia, North America, Europe, and Southeast Asia.
Tradable financial assets on Ngel Partners include currency pairs, CFD/indices, cryptocurrency. The variety of market instruments available on the Ngel Partners platform is average overall.
Ngel Partners Minimum Deposit
Ngel Partners offers traders two account options: the Standard account (deposit from US$200) and the ECN account (deposit from US$2,000). Ngel Partners' requiring an intial deposit of $200 sounds pretty reasonable for most regular traders to get started.
Ngel Partners Leverage
Ngel Partners leverage ratio is applied at a fixed rate of 200:1 at the initial stage of an opened account. If traders want to change the leverage rate, they need to contact this brokers customer center. Margin and leverage are concepts that go hand-in-hand in currency trading. Margin is expressed as the percentage of position size (e.g. 5% or 1%).On a 1% margin, for instance, a position of $1,000,000 will require a deposit of $10,000. Actual required Margin would change by leverage Level.
Spreads & Commissions
Ngel Partners website display its real-time spreads, the spread on EURUSD from 1.1 pips, which is quite in line with the industry standard. For more detailed spread information, pls look through the website. The Standard accouts requires no commissions and the ECN accounts requires a commission of 0.5 pips per side.
Ngel Partners gives traders three trading platform options, MT4, Ngelpartners UMAM systems and social trading. MT4 trading platform has long been considered the industry standard for Forex traders across the globe, available for windows and mobile devices.
Ngelpartners UMAM systems link investors with fund managers, allowing the fund managers to set up UMAM accounts and see the investors' status. Investors can check the fund's performance on a real time basis. Social trading copy deals from more experienced traders.
Deposit & Withdrawal
Ngel Partners provides Bitcoin, Ethereum, Bank wire and Neteller methods as deposit methods for cryptocurrency margin trading.
Ngel Partners offers a help center to help trader when encountering problem during their trading. And traders can via real-time chat and e-mail to contact this broker.
The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.
Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.
Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.