Pros
- Licensed and supervised by Indonesian regulator BAPPEBTI
- Operating since 2004 with an established local presence
- Focus on Indonesian clients with IDR accounts and local support
- Transparent physical office location in Jakarta
- Uses MT5 platform for multi-asset trading
Cons
- Mainly serves Indonesian residents; onboarding for foreign clients may be limited
- Product list is narrower than that of large global CFD brokers
- Most documentation and education materials are in Bahasa Indonesia only
- Leverage and product offering follow local rules, which may be more conservative
Basic Information
User Reviews
Regulation Analysis
PT. Trijaya Pratama Futures (TPFx) is authorized and monitored by the Commodity Futures Trading Regulatory Agency (BAPPEBTI) in Indonesia. Public records list the company under an official futures broker license, confirming its status as a legitimate participant in the local derivatives market.
Key regulatory aspects include:
- Registration and supervision by BAPPEBTI, Indonesia’s national futures regulator.
- Compliance with domestic rules for client onboarding, margin and reporting.
- Physical office presence in Jakarta, providing transparency and traceability.
Local regulation does not eliminate all trading risks but provides a stronger framework than anonymous offshore registrations with no meaningful oversight.
Trading Products
TPFx provides derivatives trading in line with Indonesian regulatory and exchange frameworks. Typical products include:
- Forex: Margin contracts on major and selected minor currency pairs.
- Metals: Contracts on gold and possibly silver, quoted against USD or IDR.
- Indices: International equity indices offered via local derivatives channels.
- Commodities: Selected commodity futures where permitted by local rules.
The product range is designed to meet local investor demand and regulatory requirements rather than to mirror every instrument available from large global CFD brokers.
Trading Platforms
TPFx supports the MetaTrader 5 (MT5) platform for its clients:
- Desktop MT5 for Windows.
- Mobile MT5 apps on Android and iOS.
MT5 enables multi-asset trading, algorithmic strategies and advanced charting. The broker connects clients to its product list and local infrastructure through this well-known trading platform.
Deposit and Withdrawal
As a local Indonesian broker, TPFx emphasizes payment methods that fit domestic clients:
- Bank transfers: Funding via Indonesian banks into designated accounts.
- IDR accounts: Accounts denominated in Indonesian Rupiah to avoid constant FX conversion.
- Local support: Staff can assist clients with payment confirmation and withdrawals.
Foreign clients interested in TPFx should first confirm whether they are eligible to open an account and which funding options are available to them.
Customer Support
Customer service at TPFx is oriented toward Indonesian traders:
- Email: support@tpfx.co.id
- Phone: +62 21 252 7577 during business hours.
- On-site visits at the Jakarta office.
Most documentation and educational materials are in Bahasa Indonesia, matching the broker’s local focus.
FAQ
Q: Is TPFx regulated?
A: Yes. PT. Trijaya Pratama Futures (TPFx) is licensed and supervised by BAPPEBTI, Indonesia’s commodity futures regulator.
Q: Who is TPFx most suitable for?
A: Primarily Indonesian residents who want to trade forex and other derivatives via a local, domestically regulated broker.
Q: Does local regulation remove risk?
A: No. Clients still face market and leverage risk, but local supervision and a physical office provide more structure than offshore-only brokers.