Two Indonesian brokers compete on regulation, costs and platform options. The axis of tension is how pricing and platforms influence day-to-day trading.
Dupoin and TPFx are closely matched on regulation, funding safeguards and support. The clearest differentiator is that TPFx offers a proprietary platform while Dupoin relies on MT4/MT5.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 1.50 pips.
| Editorial score | 3.6/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.6 / 5 | 3.7 / 5▲ |
Pros
BAPPEBTI-licensed and OJK-registered, full Indonesian regulatory compliance
OJK registration no. 2025020000000412 is publicly verifiable
Offers both MetaTrader 4 and MetaTrader 5
Local Indonesian bank transfer funding with IDR accounts
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Dupoin | TPFx |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Fail |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | 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 | Fail | Fail |
The scores are close: Dupoin rates 3.6/5 and TPFx rates 3.7/5. TPFx has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both Dupoin and TPFx start from 1.5 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Dupoin has $30, while TPFx requires at least $60. This makes Dupoin more accessible for traders with limited starting capital.
Dupoin is regulated by BAPPEBTI, OJK. TPFx is regulated by BAPPEBTI, OJK. Confirm a broker's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, Dupoin requires a lower minimum deposit ($30), lowering the barrier to entry. Both brokers otherwise share similar beginner-facing criteria in our data. Also compare demo account availability and educational resources on each brokers's site.
Dupoin lists maximum leverage of 100:1, while TPFx lists up to 100:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Dupoin supports MetaTrader 5, MetaTrader 4, while TPFx supports MetaTrader 5, Proprietary Web/Mobile. Both provide MetaTrader 5. Dupoin has exclusive access to MetaTrader 4. TPFx has exclusive access to Proprietary Web/Mobile.
Equally matched; both hold BAPPEBTI licenses and OJK registration with segregated client funds.
TPFx suits active traders with a proprietary platform alongside MT5.
Both brokers offer equivalent ECN conditions including raw spread accounts, commissions, and spread levels.
TPFx wins platform choice with MT5 and a proprietary platform.
Fees & Spreads 30% weight | 3.5 / 5 | 3.7 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.6 / 5 | 3.7 / 5▲ |
|---|
Customer Support 10% weight | 3.5 / 5 | 3.7 / 5▲ |
|---|
| Founded | 2020 | 2010 |
|---|
| Headquarters | Jakarta, Indonesia | Jakarta, Indonesia |
|---|
| Min Deposit | $30▼ lower | $60 |
|---|
| Spreads From | 1.5 pips | 1.5 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 100:1 | 100:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit card | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transfer | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | BAPPEBTI OJK | BAPPEBTI OJK |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
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
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
Only available to Indonesian residents, no international clients
Shorter operating history than established domestic peers
Narrow product range limited to forex and commodity futures
Leverage capped at 100:1 under BAPPEBTI rules
No top-tier regulatory licence
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Support available in limited languages
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
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
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