Score
TPFx
https://www.tpfx.co.id/
Website
Rating Index
MT4/5 Verification
MT4/5
Full License
TPF-Real
Influence
C
Influence Index NO.1
MT4/5 Verification
MT4/5 Verification
Full License
Influence
Influence
C
Influence Index NO.1
Contact
Forex Licenses 2
Single Core
1G
40G
1M*ADSL

WikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
TPFx

WikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
TPFx
Account Info 

This section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.

This section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.
- Trading Env.--
- Currency--
- Maximum Leverage1:400
- SupportedEA
- Minimum Deposit--
- Minimum Spreadfrom 0.8
- Depositing Method--
- Withdrawal Method--
- Minimum Trade Size--
- Commission$1
- Trading Instruments--
Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.
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Verified Site 


This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.

This section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.
tpfx.co.id
13.214.98.44Server LocationSingapore
ICP Registration No.--Top Visitor Locations--Creation Date--Website Name--Company--
Relationship Map
Company Profile
Company Profile
Review summary
| TPFX Review Summary | |
| Founded | 2004 |
| Registered Country/Region | Indonesia |
| Regulation | BAPPEBTI |
| Market Instruments | Forex, Commodities (Gold, Silver, Oil), Stock Indices, CFDs |
| Demo Account | ✅ |
| Leverage | Up to 1:400 |
| Spread | From 1.2 pips (Standard account) |
| Trading Platform | MetaTrader 4 (Desktop, iOS, Android), MetaTrader 5 (Desktop, iOS, Android) |
| Min Deposit | Not mentioned |
| Customer Support | Email: support@tpfx.co.id |
| Call Center: (+62) 21 252 75 77 | |
TPFX Information
TPFX is an Indonesian forex broker founded in 2004, regulated by BAPPEBTI. It offers a range of account types and supports both MT4 and MT5 platforms. The broker provides flexible spreads and swap-free options but lacks transparency on minimum deposit requirements.

Pros and Cons
| Pros | Cons |
| Regulated by BAPPEBTI | Minimum deposit not clearly disclosed |
| Offers both MT4 and MT5 platforms | No crypto or stock trading |
| Multiple account types with low commissions | Limited international payment options |
| Swap-free (Islamic) accounts available | No cTrader or WebTrader |
Is TPFX Legit?
TPFX is a legitimate and regulated forex broker. It is supervised by BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi), which operates under the Ministry of Trade of Indonesia. The company holds a Retail Forex License with the license number 407/BAPPEBTI/SI/VII/2004.

What Can I Trade on TPFX?
TPFX offers a range of trading products, including multiple currency pairs, 3 commodities (Gold, Silver, Oil), and 5 major stock indices. These instruments cover key global markets through Forex, CFDs, and index trading.
| Tradable Instruments | Supported |
| Forex | ✅ |
| Commodities | ✅ |
| Crypto | ❌ |
| CFD | ✅ |
| Indexes | ✅ |
| Stock | ❌ |
| ETF | ❌ |
Account Types
TPFX offers a total of 6 types of live trading accounts, each tailored to different trading styles and experience levels. In addition, TPFX provides demo accounts for practice and Islamic (swap-free) accounts, suitable for traders who follow Sharia law. The accounts differ mainly in their spread structure and commission fees, allowing traders to choose the best fit based on cost preference and strategy.
| Account Type | Spread Type | Starting Spread | Commission | Best For |
| ZERO ECN | Variable | From 0.0 | $5 | Advanced traders needing raw spreads |
| PROFESSIONAL (Variable) | Variable | From 0.4 | $2 | Active traders wanting balance |
| STANDARD (Variable) | Variable | From 1.2 | $1 | Beginners favoring low commission |
| STANDARD (Fix-Variable) | Fixed + Variable Mix | From 1.5 | $2 | Traders preferring spread stability |
| PROFESSIONAL (Fix-Variable) | Fixed + Variable Mix | From 0.8 | $1 | Cost-conscious traders with flexibility |
| PRIME | Variable | From 0.8 | $1 | General-purpose low-cost trading |

Leverage
TPFX offers leverage of up to 1:400, allowing traders to control larger positions with a relatively small capital outlay.

TPFX Fees
Overall, TPFX's trading fees are considered slightly lower than industry averages, especially with their flexible account types offering low commissions and tight spreads.
Spreads start as low as 0.0 pips on the ZERO ECN account, and up to 1.5 pips on some fixed-variable accounts.
Commissions are range from $1 to $5 per trade, depending on the account.
| Account Type | Spread From (pips) | Commission (per trade) |
| ZERO ECN (Variable) | 0 | $5 |
| PROFESSIONAL (Variable) | 0.4 | $2 |
| STANDARD (Variable) | 1.2 | $1 |
| STANDARD (Fix-Variable) | 1.5 | $2 |
| PROFESSIONAL (Fix-Variable) | 0.8 | $1 |
| PRIME | 0.8 | $1 |
TPFX offers Swap-Free accounts across all account types (Islamic-friendly), meaning no overnight interest is charged on held positions. However, for regular accounts, standard swap fees apply depending on the instrument and holding period.
Non-Trading Fees
TPFX maintains a trader-friendly fee structure with no hidden non-trading charges.
| Non-Trading Fees | Details |
| Deposit Fee | $0 (Free) |
| Withdrawal Fee | $0 (Free) |
| Inactivity Fee | None disclosed |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| MetaTrader 4 (MT4) | ✅ | Desktop, iOS, Android | All traders; beginner-friendly with essential tools |
| MetaTrader 5 (MT5) | ✅ | Desktop, iOS, Android | Advanced traders; supports algorithmic trading and deeper analysis |
| cTrader | ❌ | – | – |
| WebTrader | ❌ | – | – |

Deposit and Withdrawal
TPFX does not charge any deposit or withdrawal fees, making it cost-effective for clients to fund and withdraw from their trading accounts. However, the minimum deposit amount is not specifically stated.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Transfer – BCA | Not mentioned | Free | Within 30 minutes (if before 22:00 WIB) |
| Bank Transfer – AGI | Not mentioned | Free | Within 30 minutes (if before 22:00 WIB) |
| Bank Transfer – China Construction Bank | Not mentioned | Free | Within 30 minutes (if before 22:00 WIB) |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Bank Transfer – BCA | Not mentioned | Free | Same day if requested before 11:00 WIB; next day if after |
| Bank Transfer – AGI | Not mentioned | Free | Same day if requested before 11:00 WIB; next day if after |
| Bank Transfer – China Construction Bank | Not mentioned | Free | Same day if requested before 11:00 WIB; next day if after |

Company Profile
- 5-10 years
- Regulated in Indonesia
- Derivatives Trading License (AGN)
- Forex Trading License (EP)
- MT4 Full License
- MT5 Full License
News

News The potential for gold to reach the 2,000 – 2,020 area is very large
The US dollar slipped after data showed the number of Americans filing new claims for unemployment benefits hit a three-month high last week, with data showing an increase of 13,000 to 231,000 on week, well above market expectations of 220,000.

News US Inflation Data Will Be a Clue to the Value of the US Dollar Next Week
Gold fell more than 1% on Friday and headed for its second straight weekly decline on waning safe-haven demand while Federal Reserve Chair Jerome Powell's hawkish stance was key to weakening gold prices.

News Release of a Number of Key US Economic Data in the Midst of the Israel - Hamas Conflict Which Contro
Gold prices hovered near the key $2,000 psychological level on Monday, supported by safe-haven demand amid Middle East conflicts, while market players looked forward to the US Federal Reserve's policy meeting this week.

News The US Dollar has the potential to come under pressure again when inflation data is released in the
Gold markets maintained strong gains even as the minutes of the Federal Reserve's September monetary policy meeting showed that the central bank was committed to maintaining a “higher for longer” monetary policy stance.

News A number of high impact data will determine the next value of gold and the US dollar
The Federal Reserve has expressed its stance that the war on inflation is far from over, signaling that the US central bank's monetary policy is expected to stay restrictive for a longer duration than previously anticipated. Such a policy has the capacity to elevate credit expenses, potentially exerting a slowdown on the economy.

News Gold Potentially Retests the 1,900 Area
Gold extended its decline for the third straight time on Thursday, weighed down by a jump in the US Dollar and US bond yields after the Federal Reserve reiterated its hawkish stance on interest rates. Gold fell 0.5% to hit a low of 1,913.91.
Wiki Q&A
Is TPFx safe and reliable?
TPFx is regulated by BAPPEBTI and JFX in Indonesia, with a regulatory score of 6.0 and a core score of 7.29. However, user complaints have been reported regarding withdrawal issues and communication barriers. While the broker holds valid licenses, traders should conduct their own due diligence and consider the risks before trading.
Is TPFx regulated?
Yes, TPFx is regulated by BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi) under license number 407/BAPPEBTI/SI/VII/2004 and by JFX (Jakarta Futures Exchange) under license number SPAB - 066/BBJ/05/04. Both licenses are listed as 'Regulated'.
What is the minimum deposit of TPFx?
The minimum deposit amount is not publicly specified in the latest broker data. Traders are advised to contact TPFx directly for this information.
Does TPFx support MT4 or MT5?
Yes, TPFx supports both MT4 and MT5 platforms. The broker holds full licenses for MT4 (3 instances) and MT5 (2 instances), indicating robust system services.
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