Two brokers compete on trust, regulation, and pricing. The tension centers on protection schemes versus product breadth and spreads.
easyMarkets and TPFx are closely matched, and easyMarkets benefits from top-tier regulation.
Find out which broker best suits your trader profile.
Choose easyMarkets if…
Choose easyMarkets if you want top-tier regulation and investor compensation coverage.
Choose TPFx if…
Choose TPFx if you are Indonesian resident seeking MT5 with local IDR funding and no investor compensation scheme.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
easyMarkets offers tighter spreads from 0.70 pips vs 1.50 pips for TPFx, reducing trading costs.
| Editorial score | 3.9/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.9 / 5▲ | 3.7 / 5 |
Pros
Fixed spreads with no-slippage guarantee on web platform
Unique dealCancellation feature to undo losing trades
Very low $25 minimum deposit
CySEC, ASIC regulated
Client funds held in segregated accounts
Negative balance protection
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | easyMarkets | 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 | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
The scores are close: easyMarkets rates 3.9/5 and TPFx rates 3.7/5. easyMarkets 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.
easyMarkets starts from 0.7 pips, tighter than TPFx's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
easyMarkets has $25, while TPFx requires at least $60. This makes easyMarkets more accessible for traders with limited starting capital.
easyMarkets holds top-tier regulation (ASIC, CNV, HCMC), providing stronger investor protections. TPFx may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
easyMarkets stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
easyMarkets lists maximum leverage of 400:1, 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.
easyMarkets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while TPFx supports MetaTrader 5, Proprietary Web/Mobile. Both provide MetaTrader 5 and Proprietary Web/Mobile. easyMarkets has exclusive access to MetaTrader 4.
easyMarkets wins for safety & regulation due to CySEC and ASIC oversight plus investor compensation.
easyMarkets wins for active traders with a larger instrument universe and broader platform options.
TPFx is better suited for scalpers: raw/ECN spreads available.
easyMarkets wins for platform choice with MT4/MT5 plus a proprietary platform.
easyMarkets wins for instrument variety with 200 tradable assets.
Fees & Spreads 30% weight | 3.8 / 5▲ | 3.7 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5▲ | 3.7 / 5 |
|---|
| Founded | 2001 | 2010 |
|---|
| Headquarters | Limassol, Cyprus | Jakarta, Indonesia |
|---|
| Min Deposit | $25▼ lower | $60 |
|---|
| Spreads From | 0.7 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | N/A | N/A |
|---|
| Max Leverage | 400:1▲ higher | 100:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CNV HCMC CySEC MNB | BAPPEBTI OJK |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform 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
Fixed spreads are wider than ECN variable spread accounts
Proprietary platform feels dated compared to MT4/MT5
Limited research tools
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
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
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