Skilling vs TPFx Forex Broker Comparison
A head-to-head comparison of Skilling and TPFx across regulation, trading costs, platforms, and editorial scoring.
Modern Swedish-founded broker with CySEC and FCA regulation, a visually polished proprietary platform, and cTrader for advanced traders - well-positioned for EU retail clients seeking a contemporary alternative to legacy MetaTrader brokers.
VS
A fully BAPPEBTI-licensed and OJK-registered Indonesian broker, offering domestic traders compliant access to forex and commodity futures markets.
Our Verdict
Skilling winsby 0.4 pts
Skilling edges ahead with a score of 4.1/5 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
Recommended
Skilling offers tighter spreads from 0.7 pips vs 1.5 pips for TPFx, reducing trading costs.
Best for safety & regulation
Recommended
Skilling has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for platform choice
Recommended
Skilling offers more exclusive platform options: MetaTrader 4, cTrader, Skilling Trader, a proprietary platform.
Best for beginners
Recommended
Skilling edges out TPFx with a higher editorial score (4.1/5 vs 3.7/5), indicating a stronger overall experience for new traders.
Skilling vs TPFx: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 3.7 / 5 |
Fees & Spreads 30% weight | 4.2 / 5▲ | 3.7 / 5 |
Platforms & Tools 20% weight | 4.3 / 5▲ | 3.7 / 5 |
Customer Support 10% weight | 4.1 / 5▲ | 3.7 / 5 |
| Founded | 2016 | 2010 |
| Headquarters | Valletta, Malta | Jakarta, Indonesia |
| Min deposit | $100 | $60 |
| Spreads from | 0.7 pips | 1.5 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 500:1 | 100:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA FSCA CySEC | BAPPEBTI OJK |
| Platforms | MetaTrader 4 cTrader Skilling Trader | MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Skilling | Visit TPFx |
Skilling vs TPFx Forex Broker Pros & Cons
Pros
Clean modern Skilling Trader platform - excellent UX for new-to-intermediate traders
cTrader available with raw spreads from 0.0 pips
CySEC and FCA regulation with EU and UK investor protections
Growing Latin American presence with local-language support
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
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
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
$100 minimum deposit on standard accounts
Newer broker - less track record than IG or Pepperstone
Product range narrower than multi-asset brokers
No phone support
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
Skilling vs TPFx: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
Skilling
criteria wins
1
TPFx
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Skilling | 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 | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Fail |
Skilling vs TPFx: Frequently Asked Questions
Based on our independent editorial scoring, Skilling ranks higher with a score of 4.1/5 vs 3.7/5 for TPFx. The best choice still depends on your individual trading needs; Skilling and TPFx may each suit different trader profiles.
Skilling offers tighter spreads starting from 0.7 pips, compared to TPFx's spreads from 1.5 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
TPFx has a lower minimum deposit of $60, while Skilling requires at least $100. This makes TPFx more accessible for traders with limited starting capital.
Skilling 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: TPFx has a lower minimum deposit ($60), lowering the barrier to entry; Skilling offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
Skilling offers maximum leverage of 500:1, 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.
Skilling supports MetaTrader 4, cTrader, Skilling Trader and TPFx offers MetaTrader 5, Proprietary Web/Mobile; Skilling exclusively offers MetaTrader 4, cTrader, Skilling Trader; TPFx exclusively offers MetaTrader 5, Proprietary Web/Mobile.
Ready to get started?
Open an account directly with the broker that suits you best.
Score 3.7 / 5
More Broker Comparisons
More Skilling comparisons
More TPFx comparisons
Personalised recommendation
Not sure which broker is right for you?
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker