Spreadexvs
TPFxForex Broker Comparison
This comparison pits Spreadex against TPFx on regulation, costs, and platform reach. The tension is whether a broad market universe or focused tools matter more.
Who should choose Spreadex vs TPFx?
Find out which broker best suits your trader profile.
Choose if…
Choose Spreadex if you want FCA regulation and 10,000+ markets with TradingView.
Choose if…
Choose TPFx if you need MT5 and domestic Indonesian licensing.
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
Spreadex vs TPFx: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.5 / 5▲ | 3.7 / 5 |
Spreadex vs TPFx Forex Broker Pros & Cons
Pros
FCA-regulated (190941) UK spread betting on 10,000+ financial markets
TradingView integration for browser-based charting and order execution
UK capital gains tax-free profits on spread bets under current HMRC rules
Unique dual financial and sports spread betting from one FCA account
No minimum deposit and no commission on spread bets
Spreadex vs TPFx: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
4
Spreadex
criteria wins
3
TPFx
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | Spreadex | 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 | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Fail |
Spreadex vs TPFx: Frequently Asked Questions
The scores are close: Spreadex rates 4/5 and TPFx rates 3.7/5. Spreadex 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.
Spreadex starts from 0.6 pips, tighter than TPFx's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Spreadex has no minimum deposit, while TPFx requires at least $60. This makes Spreadex more accessible for traders with limited starting capital.
Spreadex holds top-tier regulation (FCA), 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.
Spreadex 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.
Spreadex lists maximum leverage of 30:1, 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.
Spreadex supports Proprietary Web/Mobile, TradingView, while TPFx supports MetaTrader 5, Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Spreadex has exclusive access to TradingView. TPFx has exclusive access to MetaTrader 5.
