Item: TPFX
Rating: 6.42

Account

Updated： 2025-05-01

Environment

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Currency

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Maximum Leverage

1:400

SupportedEA

Minimum Deposit

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Minimum Spread

0.8

Depositing Method

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Withdrawal Method

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Minimum Position

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Commission

$1

Products

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Products

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Full License MT5

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MT4 Servers

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MT5 Servers

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Average execution speed/ms

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Meta Trader 4

Perfect

Meta Trader 5

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Details

Official website

Website

tpfx.co.id

Server Location

Singapore
Most visited countries/areas

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Website Domain Name

tpfx.co.id
ICP registration

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Website

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Company

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Domain Effective Date

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Server IP

13.214.98.44

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Company Summary

TPFX Review Summary
Founded	2004
Registered Country/Region	Indonesia
Regulation	BAPPEBTI
Market Instruments	Forex, Commodities (Gold, Silver, Oil), Stock Indices, CFDs
Demo Account	✅
Leverage	Up to 1:400
Spread	From 1.2 pips (Standard account)
Trading Platform	MetaTrader 4 (Desktop, iOS, Android), MetaTrader 5 (Desktop, iOS, Android)
Min Deposit	Not mentioned
Customer Support	Email: support@tpfx.co.id
Customer Support	Call Center: (+62) 21 252 75 77

TPFX Information

TPFX is an Indonesian forex broker founded in 2004, regulated by BAPPEBTI. It offers a range of account types and supports both MT4 and MT5 platforms. The broker provides flexible spreads and swap-free options but lacks transparency on minimum deposit requirements.

Pros and Cons

Pros	Cons
Regulated by BAPPEBTI	Minimum deposit not clearly disclosed
Offers both MT4 and MT5 platforms	No crypto or stock trading
Multiple account types with low commissions	Limited international payment options
Swap-free (Islamic) accounts available	No cTrader or WebTrader

Is TPFX Legit?

TPFX is a legitimate and regulated forex broker. It is supervised by BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi), which operates under the Ministry of Trade of Indonesia. The company holds a Retail Forex License with the license number 407/BAPPEBTI/SI/VII/2004.

What Can I Trade on TPFX?

TPFX offers a range of trading products, including multiple currency pairs, 3 commodities (Gold, Silver, Oil), and 5 major stock indices. These instruments cover key global markets through Forex, CFDs, and index trading.

Tradable Instruments	Supported
Forex	✅
Commodities	✅
Crypto	❌
CFD	✅
Indexes	✅
Stock	❌
ETF	❌

Account Types

TPFX offers a total of 6 types of live trading accounts, each tailored to different trading styles and experience levels. In addition, TPFX provides demo accounts for practice and Islamic (swap-free) accounts, suitable for traders who follow Sharia law. The accounts differ mainly in their spread structure and commission fees, allowing traders to choose the best fit based on cost preference and strategy.

Account Type	Spread Type	Starting Spread	Commission	Best For
ZERO ECN	Variable	From 0.0	$5	Advanced traders needing raw spreads
PROFESSIONAL (Variable)	Variable	From 0.4	$2	Active traders wanting balance
STANDARD (Variable)	Variable	From 1.2	$1	Beginners favoring low commission
STANDARD (Fix-Variable)	Fixed + Variable Mix	From 1.5	$2	Traders preferring spread stability
PROFESSIONAL (Fix-Variable)	Fixed + Variable Mix	From 0.8	$1	Cost-conscious traders with flexibility
PRIME	Variable	From 0.8	$1	General-purpose low-cost trading

Leverage

TPFX offers leverage of up to 1:400, allowing traders to control larger positions with a relatively small capital outlay.

TPFX Fees

Overall, TPFX's trading fees are considered slightly lower than industry averages, especially with their flexible account types offering low commissions and tight spreads.

Spreads start as low as 0.0 pips on the ZERO ECN account, and up to 1.5 pips on some fixed-variable accounts.

Commissions are range from $1 to $5 per trade, depending on the account.

Account Type	Spread From (pips)	Commission (per trade)
ZERO ECN (Variable)	0	$5
PROFESSIONAL (Variable)	0.4	$2
STANDARD (Variable)	1.2	$1
STANDARD (Fix-Variable)	1.5	$2
PROFESSIONAL (Fix-Variable)	0.8	$1
PRIME	0.8	$1

TPFX offers Swap-Free accounts across all account types (Islamic-friendly), meaning no overnight interest is charged on held positions. However, for regular accounts, standard swap fees apply depending on the instrument and holding period.

Non-Trading Fees

TPFX maintains a trader-friendly fee structure with no hidden non-trading charges.

Non-Trading Fees	Details
Deposit Fee	$0 (Free)
Withdrawal Fee	$0 (Free)
Inactivity Fee	None disclosed

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for what kind of traders
MetaTrader 4 (MT4)	✅	Desktop, iOS, Android	All traders; beginner-friendly with essential tools
MetaTrader 5 (MT5)	✅	Desktop, iOS, Android	Advanced traders; supports algorithmic trading and deeper analysis
cTrader	❌	–	–
WebTrader	❌	–	–

Deposit and Withdrawal

TPFX does not charge any deposit or withdrawal fees, making it cost-effective for clients to fund and withdraw from their trading accounts. However, the minimum deposit amount is not specifically stated.

Deposit Options

Deposit Options	Min. Deposit	Fees	Processing Time
Bank Transfer – BCA	Not mentioned	Free	Within 30 minutes (if before 22:00 WIB)
Bank Transfer – AGI	Not mentioned	Free	Within 30 minutes (if before 22:00 WIB)
Bank Transfer – China Construction Bank	Not mentioned	Free	Within 30 minutes (if before 22:00 WIB)

Withdrawal Options

Withdrawal Options	Min. Withdrawal	Fees	Processing Time
Bank Transfer – BCA	Not mentioned	Free	Same day if requested before 11:00 WIB; next day if after
Bank Transfer – AGI	Not mentioned	Free	Same day if requested before 11:00 WIB; next day if after
Bank Transfer – China Construction Bank	Not mentioned	Free	Same day if requested before 11:00 WIB; next day if after

Keywords

5-10 years
Regulated in Indonesia
Retail Forex License
MT4 Full License
MT5 Full License

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