ATFX vs TPFx Forex Broker Comparison
A head-to-head comparison of ATFX and TPFx across regulation, trading costs, platforms, and editorial scoring.
FCA and CySEC-regulated broker with a fast-growing global footprint, 300+ instruments on MT4, and a strong presence in the UAE and Asian markets - built on institutional backing and multi-regional regulation.
VS
A fully BAPPEBTI-licensed and OJK-registered Indonesian broker, offering domestic traders compliant access to forex and commodity futures markets.
Our Verdict
ATFX winsby 0.5 pts
ATFX edges ahead with a score of 4.2/5 vs TPFx's 3.7/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
TPFx offers tighter spreads from 1.5 pips vs 1.8 pips for ATFX, reducing trading costs.
Best for safety & regulation
Recommended
ATFX has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
Recommended
TPFx has a cost edge: raw/ECN spreads, tighter spreads from 1.5 pips.
Best for platform choice
Recommended
TPFx offers more exclusive platform options: MetaTrader 5, Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
ATFX edges out TPFx with a higher editorial score (4.2/5 vs 3.7/5), indicating a stronger overall experience for new traders.
ATFX vs TPFx: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 3.7 / 5 |
Fees & Spreads 30% weight | 3.8 / 5▲ | 3.7 / 5 |
Platforms & Tools 20% weight | 3.7 / 5 | 3.7 / 5 |
Customer Support 10% weight | 4.2 / 5▲ | 3.7 / 5 |
| Founded | 2017 | 2010 |
| Headquarters | London, United Kingdom | Jakarta, Indonesia |
| Min deposit | No minimum | $60 |
| Spreads from | 1.8 pips | 1.5 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 400:1 | 100:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA FSCA CySEC | BAPPEBTI OJK |
| Platforms | MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit ATFX | Visit TPFx |
ATFX vs TPFx Forex Broker Pros & Cons
Pros
FCA (UK), CySEC (EU), and FSCA (SA) licensing
300+ instruments including ETF CFDs and bond CFDs
FSCS protection up to GBP 85,000 for UK clients
No minimum deposit, no inactivity fee
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
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
MT4 only - no MT5, cTrader, or proprietary platform
Standard spreads from 1.8 pips are not ECN-competitive
Relatively young broker - founded 2017
No raw spread account option
Limited charting capabilities
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
ATFX vs TPFx: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
ATFX
criteria wins
2
TPFx
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | ATFX | 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 | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
ATFX vs TPFx: Frequently Asked Questions
Based on our independent editorial scoring, ATFX ranks higher with a score of 4.2/5 vs 3.7/5 for TPFx. The best choice still depends on your individual trading needs; ATFX and TPFx may each suit different trader profiles.
TPFx offers tighter spreads starting from 1.5 pips, compared to ATFX's spreads from 1.8 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
ATFX has a lower minimum deposit of no minimum required, while TPFx requires at least $60. This makes ATFX more accessible for traders with limited starting capital.
ATFX holds top-tier regulation (FCA, FSCA, CySEC), 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: ATFX has a lower minimum deposit (no minimum), lowering the barrier to entry; ATFX offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
ATFX 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.
ATFX supports MetaTrader 4 and TPFx offers MetaTrader 5, Proprietary Web/Mobile; ATFX exclusively offers MetaTrader 4; TPFx exclusively offers MetaTrader 5, Proprietary Web/Mobile.
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Score 3.7 / 5
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