Forex.comvs
TPFxForex Broker Comparison
Forex.com and TPFx face off for traders prioritizing regulation, cost, and platform choice. The matchup pits broad instrument access against domestic regulatory scope.
Our Verdict
Forex.com winsby 0.5 pts
Forex.com edges out TPFx on the editorial score. Its stronger trust/regulation and larger instrument universe drive the higher rating.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Forex.com offers about 400 instruments; TPFx offers about 50.
- 2Forex.com has top-tier regulators; TPFx relies on BAPPEBTI/OJK.
- 3Forex.com provides negative balance protection and investor compensation; TPFx does not.
Who should choose Forex.com vs TPFx?
Find out which broker best suits your trader profile.
Choose Forex.com if…
Choose Forex.com if you want US client access and top-tier regulation, plus a broad 400-instrument universe with raw spreads and $7/lot commissions.
Choose TPFx if…
Choose TPFx if you are Indonesian resident seeking local regulation under BAPPEBTI/OJK and funding via IDR transfers, with a smaller product range.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Forex.com offers tighter spreads from 1.00 pips vs 1.50 pips for TPFx, reducing trading costs.
Best for safety & regulation
Recommended
Forex.com vs TPFx: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 3.7 / 5 |
Forex.com vs TPFx Forex Broker Pros & Cons
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Forex.com vs TPFx: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
Forex.com
criteria wins
1
TPFx
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Forex.com | 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 | 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 |
Forex.com vs TPFx: Frequently Asked Questions
Forex.com rates 4.2/5 versus 3.7/5 for TPFx. Forex.com edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Forex.com starts from 1 pips, tighter than TPFx's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
TPFx has $60, while Forex.com requires at least $100. This makes TPFx more accessible for traders with limited starting capital.
Forex.com holds top-tier regulation (FCA, ASIC, MAS), 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.
For beginners, two factors stand out: TPFx requires a lower minimum deposit ($60), lowering the barrier to entry, and Forex.com provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Forex.com lists maximum leverage of 50:1, 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.
Forex.com charges $7 per lot on commission-based accounts. Commission details for TPFx are not currently available. Check their website for up-to-date pricing.
Forex.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while TPFx supports MetaTrader 5, Proprietary Web/Mobile. Both provide MetaTrader 5 and Proprietary Web/Mobile. Forex.com has exclusive access to MetaTrader 4.
