https://www.tpfx.co.id/
Website
MT4/5
Full License
TPF-Real
Influence
C
Influence index NO.1
MT4/5 Identification
Full License
Influence
C
Influence index NO.1
Licensed Entity:PT. TRIJAYA PRATAMA FUTURES
License No. 407/BAPPEBTI/SI/VII/2004
Single Core
1G
40G
1M*ADSL
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
| 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 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 | 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 |
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.

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 | ❌ |
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 |

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

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.
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 | 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 | ❌ | – | – |

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 |


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