ThinkMarketsvs
TPFxForex Broker Comparison
ThinkMarkets and TPFx square off on safety, cost, and platform breadth, revealing contrasting strengths.
Our Verdict
ThinkMarkets winsby 0.5 pts
ThinkMarkets edges out TPFx on the editorial score, driven by broader regulation coverage and larger instrument range.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1ThinkMarkets offers advanced charting tools not available on TPFx.
- 2ThinkMarkets is regulated by FCA and ASIC; TPFx uses BAPPEBTI and OJK.
- 3ThinkMarkets offers negative balance protection; TPFx does not.
Who should choose ThinkMarkets vs TPFx?
Find out which broker best suits your trader profile.
Choose ThinkMarkets if…
Choose ThinkMarkets if you want advanced charting tools and negative balance protection.
Choose TPFx if…
Choose TPFx if you prefer Indonesian regulation and local IDR funding.
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
ThinkMarkets offers tighter spreads from 0.40 pips vs 1.50 pips for TPFx, reducing trading costs.
Best for safety & regulation
Recommended
ThinkMarkets 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 |
ThinkMarkets vs TPFx Forex Broker Pros & Cons
Pros
No minimum deposit on standard ThinkForex account
ThinkTrader proprietary app is well-reviewed for mobile trading
JFSA regulation for Japanese clients
Strong multi-region regulatory coverage
Regulated by top-tier authorities (FCA, ASIC, CySEC)
ThinkMarkets vs TPFx: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
ThinkMarkets
criteria wins
0
TPFx
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | ThinkMarkets | 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 | Pass | Pass |
| Multilingual support | Pass | Fail |
ThinkMarkets vs TPFx: Frequently Asked Questions
ThinkMarkets rates 4.2/5 versus 3.7/5 for TPFx. ThinkMarkets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
ThinkMarkets starts from 0.4 pips, tighter than TPFx's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ThinkMarkets has no minimum deposit, while TPFx requires at least $60. This makes ThinkMarkets more accessible for traders with limited starting capital.
ThinkMarkets holds top-tier regulation (FCA, ASIC, FSCA), 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.
ThinkMarkets 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.
ThinkMarkets lists maximum leverage of 500:1, 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.
ThinkMarkets charges $7 per lot on commission-based accounts. Commission details for TPFx are not currently available. Check their website for up-to-date pricing.
ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4, while TPFx supports MetaTrader 5, Proprietary Web/Mobile. Both provide MetaTrader 5 and Proprietary Web/Mobile. ThinkMarkets has exclusive access to TradingView and MetaTrader 4.
