This comparison pits FBS against TPFx on regulation, pricing, and platforms. The axis of tension is instrument breadth versus domestic suitability.
FBS offers a broader instrument range with 550 instruments versus 50 at TPFx. Overall, the brokers remain closely matched on regulation, pricing, and platforms.
Find out which broker best suits your trader profile.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
FBS offers tighter spreads from 0.00 pips vs 1.50 pips for TPFx, reducing trading costs.
| Editorial score | 3.9/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.5 / 5 | 3.7 / 5▲ |
Pros
Very low $1 minimum deposit on Cent accounts
MT4 and MT5 on all account types
Multiple account types including Cent, Zero Spread, and ECN
Widely available across Southeast Asia, MENA, and Africa
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FBS | TPFx |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | 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 | Pass | Fail |
The scores are close: FBS rates 3.9/5 and TPFx rates 3.7/5. FBS 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.
FBS 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.
FBS has $1, while TPFx requires at least $60. This makes FBS more accessible for traders with limited starting capital.
FBS is regulated by FSCA, CySEC. TPFx is regulated by BAPPEBTI, OJK. Confirm a broker's current regulatory status on the relevant regulator's public register before opening an account.
FBS 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.
FBS lists maximum leverage of 3000:1, 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.
FBS charges $20 per lot on commission-based accounts. Commission details for TPFx are not currently available. Check their website for up-to-date pricing.
FBS supports MetaTrader 5, MetaTrader 4, while TPFx supports MetaTrader 5, Proprietary Web/Mobile. Both provide MetaTrader 5. FBS has exclusive access to MetaTrader 4. TPFx has exclusive access to Proprietary Web/Mobile.
TPFx earns this for BAPPEBTI and OJK licensing with verifiable registration.
FBS suits active traders with up to 3000:1 leverage and 550 instruments.
FBS is better suited for scalpers: tighter spreads from 0.00 pips.
TPFx offers MT5 plus a proprietary platform, expanding platform options.
FBS is best for beginners with a $1 minimum deposit and negative balance protection.
Fees & Spreads 30% weight | 4.0 / 5▲ | 3.7 / 5 |
|---|
Platforms & Tools 20% weight | 3.8 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 4.0 / 5▲ | 3.7 / 5 |
|---|
| Founded | 2009 | 2010 |
|---|
| Headquarters | Belize City, Belize | Jakarta, Indonesia |
|---|
| Min Deposit | $1▼ lower | $60 |
|---|
| Spreads From | 0 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | $20/lot | N/A |
|---|
| 2 pips | N/A |
| Max Leverage | 3,000:1▲ higher | 100:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPayPerfect Money | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPayPerfect Money | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSCA CySEC IFSC | BAPPEBTI OJK |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
Negative balance protection
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
Primary entity uses IFSC Belize, offshore, limited investor protection
Bonus turnover requirements are onerous
Very high leverage (3000:1) is a significant risk factor for retail clients
No top-tier regulatory licence
No investor compensation scheme
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
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
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