TPFx vs XTB Forex Broker Comparison
A head-to-head comparison of TPFx and XTB across regulation, trading costs, platforms, and editorial scoring.
A fully BAPPEBTI-licensed and OJK-registered Indonesian broker, offering domestic traders compliant access to forex and commodity futures markets.
VS
Our Verdict
XTB winsClear Winner
XTB comes out ahead with an editorial score of 4.5/5 compared to TPFx's 3.7/5.
XTB
4.5/5
TPFx
3.7/5
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
XTB offers tighter spreads from 0.8 pips vs 1.5 pips for TPFx, reducing trading costs.
Best for safety & regulation
Recommended
XTB has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
It's a tie
Both equally suited
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
Best for platform choice
It's a tie
Both equally suited
Both brokers offer an equivalent platform selection with similar exclusive and proprietary options.
Best for beginners
Recommended
XTB edges out TPFx with a higher editorial score (4.5/5 vs 3.7/5), indicating a stronger overall experience for new traders.
TPFx vs XTB: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.7/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.7 / 5 | 4.8 / 5▲ |
Fees & Spreads 30% weight | 3.7 / 5 | 4.4 / 5▲ |
Platforms & Tools 20% weight | 3.7 / 5 | 4.8 / 5▲ |
Customer Support 10% weight | 3.7 / 5 | 4.2 / 5▲ |
| Founded | 2010 | 2002 |
| Headquarters | Jakarta, Indonesia | Warsaw, Poland |
| Min deposit | $60 | No minimum |
| Spreads from | 1.5 pips | 0.8 pips |
| Commission / lot | N/A | N/A |
| Max leverage | 100:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | BAPPEBTI OJK | FCA CySEC KNF |
| Platforms | MetaTrader 5 Proprietary Web/Mobile | MetaTrader 4 xStation 5 |
| Active bonuses | ||
| Visit broker | Visit TPFx | Visit XTB |
TPFx vs XTB 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
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
Pros
LSE- and WSE-listed with FCA, CySEC, and KNF regulation - exceptional corporate transparency
xStation 5 is one of the best proprietary platforms in retail forex
Zero-commission stock CFDs up to EUR 100,000/month
No minimum deposit on standard accounts
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
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
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
Cons
Market maker on forex - not suited for raw ECN scalpers
Product breadth narrower than IG or Saxo
Support quality varies outside European hours
No raw spread account option
Inactivity fee applies
TPFx vs XTB: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
TPFx
criteria wins
5
XTB
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | TPFx | XTB |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Fail | Pass |
TPFx vs XTB: Frequently Asked Questions
Based on our independent editorial scoring, XTB ranks higher with a score of 4.5/5 vs 3.7/5 for TPFx. The best choice still depends on your individual trading needs; TPFx and XTB may each suit different trader profiles.
XTB offers tighter spreads starting from 0.8 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.
XTB has a lower minimum deposit of no minimum required, while TPFx requires at least $60. This makes XTB more accessible for traders with limited starting capital.
XTB holds top-tier regulation (FCA, CySEC, KNF), 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: XTB has a lower minimum deposit (no minimum), lowering the barrier to entry; XTB offers negative balance protection, capping losses at your deposit amount. Also weigh up educational resources and customer support quality before deciding.
TPFx offers maximum leverage of 100:1, while XTB offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
TPFx supports MetaTrader 5, Proprietary Web/Mobile and XTB offers MetaTrader 4, xStation 5; TPFx exclusively offers MetaTrader 5, Proprietary Web/Mobile; XTB exclusively offers MetaTrader 4, xStation 5.
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Score 3.7 / 5
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