In this head-to-head, Tickmill and TPFx clash over regulation depth, pricing, and platform options. The matchup pits top-tier oversight against domestic-focused access and a broader instrument pool.
Tickmill edges out TPFx with a higher editorial score and stronger regulatory coverage. It offers a $6/lot commission on Pro accounts and a 600-instrument lineup.
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.
Tickmill offers tighter spreads from 0.00 pips vs 1.50 pips for TPFx, reducing trading costs.
| Editorial score | 4.3/ 5 | 3.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 3.7 / 5 |
Pros
Industry-low commission of $6 round-turn on Pro account
Strong FCA, CySEC, and FSCA regulatory coverage
No dealing desk on Pro and Raw accounts
Negative balance protection for retail clients
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Tickmill | 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 | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Fail |
Tickmill rates 4.3/5 versus 3.7/5 for TPFx. Tickmill edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Tickmill 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.
TPFx has $60, while Tickmill requires at least $100. This makes TPFx more accessible for traders with limited starting capital.
Tickmill 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. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: TPFx requires a lower minimum deposit ($60), lowering the barrier to entry, and Tickmill provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Tickmill lists maximum leverage of 1000:1, 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.
Tickmill charges $6 per lot on commission-based accounts. Commission details for TPFx are not currently available. Check their website for up-to-date pricing.
Tickmill supports MetaTrader 5, MetaTrader 4, while TPFx supports MetaTrader 5, Proprietary Web/Mobile. Both provide MetaTrader 5. Tickmill has exclusive access to MetaTrader 4. TPFx has exclusive access to Proprietary Web/Mobile.
Tickmill wins for safety and regulation with FCA, CySEC, and FSCA oversight.
Tickmill suits active traders with advanced charting and 600 instruments.
Tickmill is better suited for scalpers: tighter spreads from 0.00 pips.
TPFx wins for platform choice with a proprietary platform in addition to MT5.
Tickmill is better for beginners due to negative balance protection and segregated funds.
Tickmill wins for instrument variety with 600 instruments.
Fees & Spreads 30% weight | 4.5 / 5▲ | 3.7 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 4.1 / 5▲ | 3.7 / 5 |
|---|
| Founded | 2014 | 2010 |
|---|
| Headquarters | London, United Kingdom | Jakarta, Indonesia |
|---|
| Min Deposit | $100 | $60▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 1.5 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 0.6 pips | N/A |
| Max Leverage | 1,000:1 | 100:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transfer |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA FSCA CySEC | BAPPEBTI OJK |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
Investor compensation scheme coverage
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
No cTrader support
Limited asset classes compared to multi-asset peers
Not available to US residents
No proprietary platform
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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