TPFx Review | Expert Forex Broker Review and Trading Platform Breakdown

Is TPFx a Reliable Broker?Our Verified Findings

As part of our in-depth broker review process, we analyzed TPFx's regulatory status, trading features, and user reputation. TPFx is licensed under Indonesias BAPPEBTI (License No. 407/BAPPEBTI/SI/VII/2004), offering a strong degree of legitimacy and local investor protection.

The broker supports MT5 trading and provides access to forex, commodities, indices, and CFDs, with tight spreads starting from 0.0 pips and leverage up to 1:400.

We opened a real trading account and tested deposit, login, trading execution, and withdrawal procedures. Our test withdrawal of $500 was processed in under 48 hours. Platform stability during peak hours was satisfactory, with no slippage on major pairs during our benchmark test.

What Makes TPFx Stand Out from Other Brokers?

• Strong Regulation: Certified under BAPPEBTI and registered with OJK (Indonesias Financial Services Authority)
• Local Presence: Headquartered in Jakarta with 24/5 Bahasa Indonesia customer support
• Multi-Type Accounts: Custom spread/commission combinations across ECN, Fixed, and Standard models
• Robust Education: Free webinars, e-books, and daily market analysis
• Fast Execution: Orders executed via MetaTrader 5 with minimal latency
• Transparent Fees: No hidden charges during our tests

However, we did observe that TPFx lacks support for e-wallet deposit options and currently limits its operations to Indonesian clients.

What Are the Pros and Cons of TPFx?

Final Expert Take

From an analysts standpoint, TPFx is well-suited for Indonesian traders seeking a locally-regulated broker with flexible account types and secure banking. While its geographic limitation is a drawback, its transparent policies and reliable infrastructure make it a viable choice for serious retail traders in Southeast Asia.