A head-to-head comparison of AvaTrade and TPFx across regulation, trading costs, platforms, and editorial scoring.
Heavily regulated across 6+ jurisdictions with a unique AvaOptions platform for vanilla options trading and strong educational content.
A fully BAPPEBTI-licensed and OJK-registered Indonesian broker, offering domestic traders compliant access to forex and commodity futures markets.
AvaTrade comes out ahead with an editorial score of 4.4/5 compared to TPFx's 3.7/5.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
AvaTrade offers tighter spreads from 0.9 pips vs 1.5 pips for TPFx, reducing trading costs.
AvaTrade has a stronger safety profile: top-tier regulation, segregated funds, negative balance protection.
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
AvaTrade offers more exclusive platform options: MetaTrader 4, a proprietary platform.
AvaTrade edges out TPFx with a higher editorial score (4.4/5 vs 3.7/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.4/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 3.7 / 5 |
Fees & Spreads 30% weight | 4.4 / 5▲ | 3.7 / 5 |
Platforms & Tools 20% weight | 4.3 / 5▲ | 3.7 / 5 |
Customer Support 10% weight | 4.4 / 5▲ | 3.7 / 5 |
| Founded | 2006 | 2010 |
| Headquarters | Dublin, Ireland | Jakarta, Indonesia |
| Min deposit | $100 | $60 |
| Spreads from | 0.9 pips | 1.5 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 400:1 | 100:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA ASIC ADGM CBI MFSA | BAPPEBTI OJK |
| Platforms | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile | MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit AvaTrade | Visit TPFx |
Pros
Heavily regulated across 6+ jurisdictions
AvaOptions platform for vanilla options trading
Strong educational content and structured courses
Multiple platforms including MT4, MT5 and proprietary AvaTradeGo
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app 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
Inactivity fee of $50 after 3 months of no trading
Not available to US residents
Spread-only model means no raw ECN pricing
No investor compensation scheme
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 | AvaTrade | 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) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | 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, AvaTrade ranks higher with a score of 4.4/5 vs 3.7/5 for TPFx. The best choice still depends on your individual trading needs; AvaTrade and TPFx may each suit different trader profiles.
AvaTrade offers tighter spreads starting from 0.9 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.
TPFx has a lower minimum deposit of $60, while AvaTrade requires at least $100. This makes TPFx more accessible for traders with limited starting capital.
AvaTrade holds top-tier regulation (FSCA, ASIC, ADGM), 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: TPFx has a lower minimum deposit ($60), lowering the barrier to entry; AvaTrade offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
AvaTrade 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.
AvaTrade supports MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile and TPFx offers MetaTrader 5, Proprietary Web/Mobile; both support MetaTrader 5, Proprietary Web/Mobile; AvaTrade exclusively offers MetaTrader 4.
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