TPFxForex Broker ReviewUp to 100:1 leverage
A fully BAPPEBTI-licensed and OJK-registered Indonesian broker, with domestic traders compliant access to forex and commodity futures markets.
No commercial relationship. This score is entirely editorial. No payment influences placement or rating.
How TPFx ranks
Trust & Regulation
#57of 64
Fees & Spreads
#62of 64
Platforms & Tools
#59of 64
Customer Support
#62of 64
Min Deposit
$60
Spreads From
1.5 pips
TPFx Pros
- BAPPEBTI-licensed and OJK-registered, full Indonesian regulatory compliance
- OJK registration no. S-130/PM.02/2025 is publicly verifiable
- Supports MetaTrader 5 alongside proprietary platform
- Local Indonesian bank transfer funding with IDR accounts
- Client funds held in segregated accounts
TPFx Forex Broker Review
A newer entrant meeting the full Indonesian standard
TPFx (PT Trijaya Pratama Futures) has completed the dual-regulator registration required to legally operate as a forex and commodity futures broker in Indonesia: a BAPPEBTI commodity futures licence and OJK registration number S-130/PM.02/2025. That OJK registration number is publicly verifiable and confirms TPFx is authorised to solicit Indonesian retail clients under domestic law, not an offshore broker operating in a grey area.
Who it serves
TPFx is narrowly focused on the Indonesian domestic market. The broker offers MetaTrader 5 and a proprietary platform, funded via Indonesian bank transfer. Leverage is capped at 1:100 in line with BAPPEBTI limits. Product range covers forex and commodities; no share CFDs or indices from major international exchanges.
Track record considerations
TPFx is a newer entrant compared to MIFX (operating since 2003). A shorter operating history means less published track record, fewer public client reviews, and a smaller community of long-term users to draw on. For Indonesian traders who prioritise established credibility over newcomer alternatives, MIFX or other longer-standing names offer more historical data.
Where it fits
TPFx suits Indonesian traders who want a domestically-compliant broker, are comfortable with MT5, and have no requirement for the extensive track record that older names carry. The regulatory credentials are current and publicly documented; the question for each trader is whether recency of establishment matters to their decision.
Where it falls short
TPFx is a newer entrant with a shorter operating history than MIFX or other established domestic peers. Product range covers only forex and commodity futures, with no equity CFDs or international index products. Leverage is capped at 1:100 under BAPPEBTI regulation. Platform and support infrastructure are less developed than international brokers of comparable regulatory standing, and the broker serves Indonesia residents only.
Bottom line
TPFx is a compliant, domestically-registered Indonesian broker. For Indonesian traders who require BAPPEBTI + OJK dual-compliance and are comfortable with a newer entrant, it is a legitimate alternative to longer-established peers.
TPFx Score Breakdown
Overall Score3.7/ 51/440% of total score−−0.6 below average#57 of 64
3.7/ 5
- Top-tier regulator (FCA, ASIC, CFTC, etc.)
- Segregated client funds
- Negative balance protection
- Compensation scheme (e.g. FSCS)
4/430% of total score−−0.5 below average#62 of 64
3.7/ 5
- Raw/ECN spreads available
- No deposit fee
- No inactivity fee
- Transparent pricing page
4/520% of total score−−0.5 below average#59 of 64
3.7/ 5
- MT4/MT5 available
- Proprietary platform
- Mobile app
- Advanced charting tools
- 50 instruments available
2/310% of total score−−0.4 below average#62 of 64
3.7/ 5
- 24/5 live chat
- Phone support
- Multilingual support
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TPFx Active Forex Bonuses
2Deposit Bonus
Bonus credit on first deposit
TPFX Welcome Deposit Bonus
New TPFX clients receive a welcome bonus on their first deposit to boost their starting trading capital.
Min. deposit: $100
Researching your options? to compare scores, spreads, and regulation side by side.
TPFx Fees & Costs
- Min Deposit
- $60
- Spreads From
- 1.5 pips
- Withdrawal Fee
- Free
- Inactivity Fee
- None
- Deposit Methods
- Bank transferCredit cardDebit card
TPFx Trading Conditions
- Spreads From
- 1.5 pips
- Max Leverage
- 100:1
TPFx Regulatory Licences
Verified regulation is a key factor in identifying a reliable choice for forex traders.
About TPFx
- Founded
- 2010
- Headquarters
- Jakarta, Indonesia
- Website
- www.tpfx.co.id
- Withdrawal methods
- Bank transfer
- Available in
- 1 country
TPFx Forex Trading Platforms
Compare the leading forex trading platforms supported by TPFx.
TPFx Markets & Instruments
Forex
Commodities
Countries Where TPFx Is Available
IndonesiaTrade these markets with TPFx
Explore live forex pair charts and analysis available through TPFx.
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For current account details, fees, and terms.
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Frequently Asked Questions About TPFx Forex Trading
TPFx is licensed by BAPPEBTI and registered with OJK (S-130/PM.02/2025), confirming compliance with Indonesian domestic law for forex and commodity futures trading. Client funds are held in segregated accounts and the broker operates with a leverage cap of 1:100, contributing to a safer trading environment for Indonesian retail traders.
The product range covers forex and commodities, with no share CFDs or indices. The data does not enumerate the exact list of tradable currency pairs on TPFx, but MT5 and the proprietary platform support forex trading within that scope.
TPFx charges no commission per lot on forex trades. Spreads start from 1.5 pips, and there are no deposit fees for funding accounts.
TPFx offers MetaTrader 5 and a proprietary web/mobile trading platform for forex. The platforms are accessible via MT5 and the broker's own web and mobile interfaces.
The minimum deposit for forex trading for TPFx is $60. This applies to Indonesian clients opening forex accounts.
