A head-to-head comparison of ActivTrades and TPFx across regulation, trading costs, platforms, and editorial scoring.
FCA-regulated UK broker with 23 years of history, SMSG membership, and a proprietary ActivTrader platform featuring built-in volatility protection - strong in southern European markets.
A fully BAPPEBTI-licensed and OJK-registered Indonesian broker, offering domestic traders compliant access to forex and commodity futures markets.
ActivTrades comes out ahead with an editorial score of 4.3/5 compared to TPFx's 3.7/5.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
ActivTrades offers tighter spreads from 0.5 pips vs 1.5 pips for TPFx, reducing trading costs.
ActivTrades has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
Both brokers offer an equivalent platform selection with similar exclusive and proprietary options.
ActivTrades edges out TPFx with a higher editorial score (4.3/5 vs 3.7/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.3/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 3.7 / 5 |
Fees & Spreads 30% weight | 4.2 / 5▲ | 3.7 / 5 |
Platforms & Tools 20% weight | 4.3 / 5▲ | 3.7 / 5 |
Customer Support 10% weight | 4.3 / 5▲ | 3.7 / 5 |
| Founded | 2001 | 2010 |
| Headquarters | London, United Kingdom | Jakarta, Indonesia |
| Min deposit | No minimum | $60 |
| Spreads from | 0.5 pips | 1.5 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 400:1 | 100:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA CMVM SCB | BAPPEBTI OJK |
| Platforms | MetaTrader 4 ActivTrader | MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit ActivTrades | Visit TPFx |
Pros
FCA regulated with supplemental insurance up to GBP 1,000,000 per client
ActivTrader's volatility protection feature is a genuine risk management differentiator
No minimum deposit
Strong southern European presence - Italian, Spanish, Portuguese support
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
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
Raw spread account available
No deposit fees
No inactivity fee
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Cons
Product range narrower than IG or Saxo
No cTrader or raw ECN account option
Less known outside Europe compared to global competitors
Cons
Only available to Indonesian residents - no international clients
Higher minimum deposit than some domestic peers
Narrow product range limited to forex and commodity futures
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
Limited charting capabilities
Support available in limited languages
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ActivTrades | TPFx |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
Based on our independent editorial scoring, ActivTrades ranks higher with a score of 4.3/5 vs 3.7/5 for TPFx. The best choice still depends on your individual trading needs; ActivTrades and TPFx may each suit different trader profiles.
ActivTrades offers tighter spreads starting from 0.5 pips, compared to TPFx's spreads from 1.5 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
ActivTrades has a lower minimum deposit of no minimum required, while TPFx requires at least $60. This makes ActivTrades more accessible for traders with limited starting capital.
ActivTrades holds top-tier regulation (FCA, CMVM, SCB), providing stronger investor protections. TPFx may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: ActivTrades has a lower minimum deposit (no minimum), lowering the barrier to entry; ActivTrades offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
ActivTrades offers maximum leverage of 400:1, while TPFx offers up to 100:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
ActivTrades supports MetaTrader 4, ActivTrader and TPFx offers MetaTrader 5, Proprietary Web/Mobile; ActivTrades exclusively offers MetaTrader 4, ActivTrader; TPFx exclusively offers MetaTrader 5, Proprietary Web/Mobile.
Open an account directly with the broker that suits you best.
Score 3.7 / 5
Personalised recommendation
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker