Two brokers face off on regulation, pricing, and platform depth. The comparison pits RoboForex's multi-regulatory footprint and vast instrument pool against TPFx's Indonesia-focused offering.
RoboForex outperforms TPFx on the editorial score. It also offers more instruments, advanced charting, and multilingual support.
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.
RoboForex offers tighter spreads from 0.00 pips vs 1.50 pips for TPFx, reducing trading costs.
| Editorial score | 4.0/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.6 / 5 | 3.7 / 5▲ |
Pros
12,000+ instruments including real stocks and ETFs
cTrader available with full Level II and cAlgo
Multiple account types from Cent to ECN
R Trader proprietary platform with built-in analytics
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | RoboForex | 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 | 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 |
The scores are close: RoboForex rates 4/5 and TPFx rates 3.7/5. RoboForex 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.
RoboForex 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.
RoboForex has $10, while TPFx requires at least $60. This makes RoboForex more accessible for traders with limited starting capital.
RoboForex 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.
RoboForex 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.
RoboForex lists maximum leverage of 2000:1, 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.
RoboForex charges $20 per lot on commission-based accounts. Commission details for TPFx are not currently available. Check their website for up-to-date pricing.
RoboForex supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while TPFx supports MetaTrader 5, Proprietary Web/Mobile. Both provide MetaTrader 5 and Proprietary Web/Mobile. RoboForex has exclusive access to cTrader and MetaTrader 4.
TPFx is best for safety & regulation due to BAPPEBTI/OJK licensing and public verification.
RoboForex wins for active traders with broad instrument access and multiple platforms.
RoboForex is better suited for scalpers: tighter spreads from 0.00 pips.
RoboForex leads in platform choice with MT4/MT5, cTrader, and R Trader.
RoboForex is best for beginners due to low minimum deposit and diverse account types.
RoboForex offers 9400+ instruments, far exceeding TPFx's 50.
Fees & Spreads 30% weight | 3.9 / 5▲ | 3.7 / 5 |
|---|
Platforms & Tools 20% weight | 4.2 / 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 | $10▼ lower | $60 |
|---|
| Spreads From | 0 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | $20/lot | N/A |
|---|
| 2 pips | N/A |
| Max Leverage | 2,000:1▲ higher | 100:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyPerfect MoneyCrypto | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyPerfect MoneyCrypto | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSCA CySEC IFSC | BAPPEBTI OJK |
|---|
| Platforms | cTrader MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
Negative balance protection
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
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 protection
ECN commission of $20 round-turn is higher than IC Markets ($7)
Very high leverage (2000:1) amplifies risk significantly
No top-tier regulatory licence
No investor compensation scheme
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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