FXTM vs TPFx Forex Broker Comparison
A head-to-head comparison of FXTM and TPFx across regulation, trading costs, platforms, and editorial scoring.
CySEC and FCA-regulated broker with broad emerging-market reach, strong copy trading via MyFXBook integration, and a low $10 minimum deposit that makes it accessible to first-time traders.
VS
A fully BAPPEBTI-licensed and OJK-registered Indonesian broker, offering domestic traders compliant access to forex and commodity futures markets.
Our Verdict
FXTM winsby 0.5 pts
FXTM edges ahead with a score of 4.2/5 vs TPFx's 3.7/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
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
It's a tie
Both equally suited
Both brokers offer spreads from 1.5 pips.
Best for safety & regulation
Recommended
FXTM has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for platform choice
Recommended
TPFx offers more exclusive platform options: Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
FXTM edges out TPFx with a higher editorial score (4.2/5 vs 3.7/5), indicating a stronger overall experience for new traders.
FXTM 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 | 4.2 / 5▲ | 3.7 / 5 |
Fees & Spreads 30% weight | 3.9 / 5▲ | 3.7 / 5 |
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.7 / 5 |
Customer Support 10% weight | 4.3 / 5▲ | 3.7 / 5 |
| Founded | 2011 | 2010 |
| Headquarters | Limassol, Cyprus | Jakarta, Indonesia |
| Min deposit | $10 | $60 |
| Spreads from | 1.5 pips | 1.5 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 1000:1 | 100:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA FSCA CySEC FSC | BAPPEBTI OJK |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit FXTM | Visit TPFx |
FXTM vs TPFx Forex Broker Pros & Cons
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education - webinars, video courses, and market analysis
Multilingual support in 20+ languages
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
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
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
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
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
FXTM vs TPFx: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
FXTM
criteria wins
1
TPFx
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FXTM | 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 |
FXTM vs TPFx: Frequently Asked Questions
Based on our independent editorial scoring, FXTM ranks higher with a score of 4.2/5 vs 3.7/5 for TPFx. The best choice still depends on your individual trading needs; FXTM and TPFx may each suit different trader profiles.
Both FXTM and TPFx offer spreads starting from 1.5 pips, making them equivalent on this metric. Consider commissions and account types when evaluating total trading costs.
FXTM has a lower minimum deposit of $10, while TPFx requires at least $60. This makes FXTM more accessible for traders with limited starting capital.
FXTM holds top-tier regulation (FCA, FSCA, CySEC), providing stronger investor protections. TPFx may be regulated but does not hold top-tier status in our data. Always verify regulatory status with the broker directly before depositing funds.
For beginners: FXTM has a lower minimum deposit ($10), lowering the barrier to entry; FXTM offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
FXTM offers maximum leverage of 1000:1, while TPFx offers up to 100:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
FXTM supports MetaTrader 4, MetaTrader 5 and TPFx offers MetaTrader 5, Proprietary Web/Mobile; both support MetaTrader 5; FXTM exclusively offers MetaTrader 4; TPFx exclusively offers Proprietary Web/Mobile.
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Score 3.7 / 5
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