About TPFx
Who Is TPFx?
TPFx is the retail trading brand of PT Trijaya Pratama Futures, an Indonesian futures brokerage established in Medan in April 2004. The company quickly secured membership with the Jakarta Futures Exchange (JFX) and obtained a license from the Indonesian Commodity Futures Trading Regulatory Agency (BAPPEBTI) under license number 407/BAPPEBTI/SI/VII/2004. Its registered address is at Sahid Soedirman Center, Jakarta Pusat.
The broker primarily serves Indonesian traders, offering access to forex, commodities, indices, and other futures contracts. It holds two regulated licenses: a Forex Trading License (EP) from BAPPEBTI and a Derivatives Trading License (AGN) from JFX, both with 'Regulated' status. The company also maintains a presence on Facebook, Instagram, and LinkedIn.
Account Types and Trading Conditions
TPFx provides six account types: PRIME, PROFESIONAL (FIX-VARIABLE), STANDARD (FIX-VARIABLE), STANDARD (Variable), PROFESSIONAL (Variable), and ZERO ECN (Variable). Maximum leverage across all accounts is 1:400. Minimum deposit amounts are not publicly listed, though third-party references suggest starting deposits around $200 for standard accounts. Spreads and commissions vary by account type, with ECN accounts likely offering tighter spreads with a commission fee.
The broker supports both fixed and variable spread accounts. The ZERO ECN account is designed for professional traders seeking direct market access with minimal markups. Swap fees apply on overnight positions. The trading platforms offered include MetaTrader 5 and a proprietary TPFx Mobile app for iOS and Android.
Regulatory Standing and Licenses
TPFx is regulated by BAPPEBTI, the Indonesian commodities regulator, and is a member of JFX. These are the primary regulators overseeing futures trading in Indonesia. The broker also claims oversight by OJK and Bank Indonesia, but our records only confirm BAPPEBTI and JFX. Traders should verify these additional claims independently.
Being regulated in Indonesia means the broker must comply with local capital adequacy and reporting standards, but client protections such as negative balance protection or compensation schemes are not guaranteed under Indonesian law. The FXCanary Scam Risk Score of 28/100 indicates a guarded level of risk, suggesting due diligence is required.
Products and Instruments
TPFx offers trading in forex, gold, silver, crude oil, stock indices, and local commodities. The instrument list is not exhaustive on its website, but partner platforms like Traze indicate gold (XAUUSD) is a key product. The broker focuses on commodities popular among Indonesian traders, such as gold and silver, along with major forex pairs.
While the broker does not explicitly list CFD instruments, its futures-based model operates similarly with leverage and margin trading. Traders should clarify contract specifications directly with the broker before funding.
Funding and Support
TPFx supports deposit and withdrawal methods typical for Indonesian brokers, likely including bank transfers and local e-wallets. No specific methods or fees are disclosed on the website. The help center provides multilingual support, though English language options appear limited.
Customer support is available via phone, email, and live chat. The broker also offers market analysis and daily commentary, accessible through its mobile app and website sections.
Target Audience
TPFx is tailored for Indonesian retail traders who require a regulated local broker for forex and commodity futures trading. The multiple account types cater to beginners (Standard) through advanced traders (Professional/ECN). High leverage up to 1:400 appeals to those seeking amplified exposure.
Non-Indonesian traders are unlikely to be the primary audience, as the broker focuses on local regulations and language. International clients may face restrictions or less favorable terms.
Overview compiled by FXCanary from regulatory records and public data. full TPFx review