Search

For more information about TPFx Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Regulated by Bappebti, ensuring a level of oversight and security for traders.
Offers both MT4 and MT5 trading platforms, catering to different trading styles and preferences.
Provides multiple account types with low commissions, allowing flexibility for various traders.

Cons

Minimum deposit requirements are not clearly disclosed, which may create uncertainty for potential clients.
No support for cryptocurrency or stock trading, limiting the range of investment options.
Customer service response times can be slow, leading to potential frustration for users needing assistance.

TPFx Company

TPFX Company Overview

Founding Date and Background

TPFX, officially known as PT. Trijaya Pratama Futures, was founded in April 2004. The company was established as a member brokerage of the futures exchange in Indonesia, aiming to provide a platform for retail traders to access various financial markets.

Parent Company/Ownership Structure

TPFX operates under the ownership of PT. Trijaya Pratama Futures, which is a licensed entity regulated by the Indonesian Commodity Futures Trading Regulatory Agency, known as BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi).

Headquarters Location

The headquarters of TPFX is located at Sahid Soedirman Center, Jl. Jenderal Sudirman No. 86, Kel. Karet Tengsin, Kec. Tanah Abang, Kota Adm. Jakarta Pusat, Prov. DKI Jakarta, Indonesia.

Global Business Scope

While TPFX primarily serves the Indonesian market, it also caters to international clients looking for a regulated trading environment. The firm offers various trading instruments, including forex, commodities, and contracts for difference (CFDs), appealing to a diverse range of traders.

Main Regulatory Bodies

TPFX is regulated by BAPPEBTI, which is responsible for overseeing commodity futures trading in Indonesia. The license number is 407/BAPPEBTI/SI/VII/2004, confirming its compliance with local regulations.

Back to top

Company History and Development

Key Milestones

Since its inception, TPFX has achieved several key milestones, including becoming a member of the Jakarta Futures Exchange (JFX) shortly after its founding and establishing a reputation for reliability in the Indonesian trading community.

Business Expansion Journey

Over the years, TPFX has expanded its offerings and improved its trading platform. The company has developed multiple account types to cater to different trading strategies and preferences, ensuring a tailored experience for its clients.

Customer Base Growth

TPFX has witnessed significant growth in its customer base, with over 20,000 clients reportedly using its services. This growth can be attributed to the company's commitment to providing educational resources and excellent customer support.

Platform Development History

TPFX primarily uses the MetaTrader 4 (MT4) trading platform, a widely recognized platform known for its user-friendly interface and robust features. The platform has undergone continuous updates to enhance user experience and trading efficiency.

Important Awards or Recognitions Received

While specific awards for TPFX are not widely documented, its recognition as a regulated broker by BAPPEBTI adds to its credibility in the industry.

Back to top

Trading Services Offered

Forex Trading Options

TPFX offers a wide range of forex trading options, covering major currency pairs such as EUR/USD, USD/JPY, and GBP/USD. The broker provides competitive spreads starting from 0 pips, depending on the account type.

Stock Trading Options

In addition to forex, TPFX allows clients to trade contracts for difference (CFDs) on various stocks, providing access to well-known companies in the U.S. and other markets.

CFD Trading Products

TPFX offers a variety of CFDs, allowing traders to speculate on price movements without owning the underlying assets. This includes commodities like gold and oil, as well as index stocks.

Other Financial Instruments

While TPFX does not currently offer cryptocurrency trading, it provides access to various commodities, including precious metals and energy products. This diverse range of trading instruments caters to different investor interests.

Special Services or Unique Advantages

TPFX stands out for its educational resources, including webinars, e-books, and market analysis tools, which aim to empower traders and enhance their trading skills. Additionally, the broker's commitment to customer service is evident through its multiple support channels, including live chat, email, and phone support.

Back to top

Regulatory and Legal Background

Detailed Regulatory Information

TPFX is regulated by BAPPEBTI, which ensures that the firm adheres to strict trading standards and practices. This regulatory oversight is crucial for maintaining investor confidence.

As an Indonesian brokerage, TPFX operates under the legal framework established by BAPPEBTI. Its structure is designed to comply with local laws governing commodity futures trading.

Client Fund Protection Measures

TPFX employs client fund protection measures by segregating client funds into separate accounts at designated banks, as mandated by BAPPEBTI. This practice ensures that client funds are safeguarded against potential insolvency issues.

Countries/Regions Served

While primarily focused on the Indonesian market, TPFX also serves international clients, providing a regulated trading environment for those looking to invest in various financial instruments.

Compliance History

TPFX has maintained its regulatory compliance since its establishment, with no significant violations reported. This compliance history contributes to its reputation as a trustworthy brokerage in the region.

Back to top

Competitive Landscape

3-5 Main Competitors

In the Indonesian market, TPFX faces competition from other brokers such as:

  • MiFX - Known for its competitive spreads and range of trading instruments.
  • AsiaPro - Offers a variety of account types and educational resources.
  • Dupoin - Provides a user-friendly trading platform with a focus on customer service.
  • Positioning in the Industry

    TPFX positions itself as a reliable and regulated broker, catering primarily to the Indonesian market while also attracting international clients. Its focus on education and customer support differentiates it from competitors.

    Market Differentiation Factors

    Key differentiation factors for TPFX include:

    • Regulatory Compliance: Being regulated by BAPPEBTI adds credibility.
    • Educational Resources: TPFX offers extensive educational materials to help traders improve their skills.
    • Customer Support: Multiple support channels ensure that traders receive timely assistance.

    Back to top

    In conclusion, TPFX has established itself as a reputable brokerage in Indonesia, offering a range of trading services, robust regulatory backing, and a commitment to customer support. While it faces competition in the market, its focus on education and compliance positions it well for continued growth in the financial services industry. For traders seeking a regulated environment with diverse trading options, TPFX may be a suitable choice.

    Learn more about TPFX and its offerings.