TPFxvs
Windsor BrokersForex Broker Comparison
This comparison pits Windsor Brokers, a CySEC/FSCA-regulated broker with MT4/MT5, against TPFx, Indonesia-licensed with MT5 and a proprietary platform. The tension centers on regulation, pricing, and platform options.
Our Verdict
Windsor Brokers winsby 0.3 pts
Windsor Brokers leads on the overall editorial score, edging out TPFx. Its higher scores in trust/regulation, fees/spreads, and platforms/tools drive the margin.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Indonesian licensing with IDR funding, versus CySEC/FSCA regulation and international protections.
- 2TPFx offers 50 instruments, Windsor provides around 200.
- 3TPFx has a proprietary platform while Windsor relies on MT4/MT5.
Who should choose TPFx vs Windsor Brokers?
Find out which broker best suits your trader profile.
Choose TPFx if…
Choose TPFx if you want Indonesian-specific licensing and domestic funding with IDR accounts. You also benefit from a low minimum deposit and clear pricing, though the platform is limited to Indonesian traders and the broker does not offer negative balance protection.
Choose Windsor Brokers if…
Choose TPFx if you want Indonesian-specific licensing and domestic funding with IDR accounts. You also benefit from a low minimum deposit and clear pricing, though the platform is limited to Indonesian traders and the broker does not offer negative balance protection.
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
Windsor Brokers offers tighter spreads from 0.00 pips vs 1.50 pips for TPFx, reducing trading costs.
Best for safety & regulation
Recommended
TPFx vs Windsor Brokers: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.7/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.7 / 5 | 4.2 / 5▲ |
TPFx vs Windsor Brokers Forex Broker Pros & Cons
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
TPFx vs Windsor Brokers: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
TPFx
criteria win
3
Windsor Brokers
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | TPFx | Windsor Brokers |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| 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 | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Pass |
TPFx vs Windsor Brokers: Frequently Asked Questions
The scores are close: TPFx rates 3.7/5 and Windsor Brokers rates 4/5. Windsor Brokers 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.
Windsor Brokers 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 Windsor Brokers requires at least $100. This makes TPFx more accessible for traders with limited starting capital.
TPFx is regulated by BAPPEBTI, OJK. Windsor Brokers is regulated by CySEC, FSCA. Confirm a broker's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, two factors stand out: TPFx requires a lower minimum deposit ($60), lowering the barrier to entry, and Windsor Brokers provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
TPFx lists maximum leverage of 100:1, while Windsor Brokers lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Windsor Brokers charges $8 per lot on commission-based accounts. Commission details for TPFx are not currently available. Check their website for up-to-date pricing.
TPFx supports MetaTrader 5, Proprietary Web/Mobile, while Windsor Brokers supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5. TPFx has exclusive access to Proprietary Web/Mobile. Windsor Brokers has exclusive access to MetaTrader 4.
