In this comparison, two brokers vie on regulation, cost, and platform choice. Errante emphasizes ECN access and strong oversight, while TPFx leans on a proprietary platform and Indonesian licensing.
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you need top-tier regulation and investor compensation.
Choose if…
Choose Errante if you want broad instrument access and ECN pricing. Choose TPFx if you want a proprietary platform and Indonesian licensing. Choose TPFx if you prefer MT5 alongside the proprietary option.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.8/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5▲ | 3.7 / 5 |
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Errante | 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 | 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 | Pass | Fail |
The scores are close: Errante rates 3.8/5 and TPFx rates 3.7/5. Errante 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.
Errante starts from 0 pips, tighter than TPFx's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Errante has $50, while TPFx requires at least $60. This makes Errante more accessible for traders with limited starting capital.
Errante holds top-tier regulation (CySEC, FSA Seychelles), 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.
Errante 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.
Errante lists maximum leverage of 30:1, 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.
Errante charges $3 per lot on commission-based accounts. Commission details for TPFx are not currently available. Check their website for up-to-date pricing.
Errante supports MetaTrader 4, MetaTrader 5, while TPFx supports Proprietary Web/Mobile, MetaTrader 5. Both provide MetaTrader 5. Errante has exclusive access to MetaTrader 4. TPFx has exclusive access to Proprietary Web/Mobile.
Errante offers tighter spreads from 0.00 pips vs 1.50 pips for TPFx, reducing trading costs.
Errante is best for safety & regulation due to top-tier licensing and investor compensation.
Errante wins for active traders due to 0.0 pip raw spreads on Pro and ECN pricing.
Errante is better suited for scalpers: tighter spreads from 0.00 pips.
TPFx excels for platform choice with a proprietary option alongside MT5.
Errante is best for beginners due to a lower $50 minimum deposit.
Fees & Spreads 30% weight | 4.2 / 5▲ | 3.7 / 5 |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 3.7 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5▲ | 3.7 / 5 |
|---|
| Founded | 2017 | 2010 |
|---|
| Headquarters | Limassol, Cyprus | Jakarta, Indonesia |
|---|
| Min Deposit | $50▼ lower | $60 |
|---|
| Spreads From | 0 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | $3/lot | N/A |
|---|
| 0.3 pips | N/A |
| Max Leverage | 30:1▲ 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 | CySEC FSA Seychelles | BAPPEBTI OJK |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile MetaTrader 5 |
|---|
| Active bonuses |
|---|
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
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
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
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
Errante and TPFx are closely matched, but Errante’s top-tier regulation and compensation scheme contrast with TPFx’s Indonesian licensing.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
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