What Account Types and Fees Does TPFx Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Retail Account |
Beginners and casual traders |
Low minimum deposit, user-friendly platform access |
Ideal for new traders looking for a straightforward trading experience |
| Professional Account |
Experienced traders |
Higher leverage, tailored services, lower spreads |
Requires proof of trading experience and volume |
| Corporate Account |
Corporate clients |
Custom trading solutions, dedicated account management |
Requires corporate documentation and verification |
| Islamic Account |
Traders following Sharia law |
Swap-free trading, compliant with Islamic finance principles |
Available on request, suitable for long-term trading |
| Demo Account |
All traders |
Risk-free trading environment, practice without real funds |
Ideal for testing strategies and familiarization with the platform |
Account Opening Process
To open an account with TPFx, follow these steps: First, submit your personal information, including your name and contact details. Next, provide employment and financial information to assess your trading experience and capacity. You will also need to complete identity verification by uploading a valid ID and proof of address. TPFx offers account flexibility, allowing you to upgrade to a professional account later if you meet the necessary criteria.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (EUR/USD) |
0.8 |
$0 (ECN: $3.5/lot) |
Tight spreads for major pairs |
| Forex (GBP/USD) |
0.9 |
$0 (ECN: $3.5/lot) |
Competitive rates |
| CFDs (Stocks) |
1.5 |
$5 per lot |
Includes various stock indices |
| CFDs (Commodities) |
2.0 |
$5 per lot |
Includes gold and silver |
| Cryptocurrencies (BTC/USD) |
1.0% |
0.1% |
Variable depending on market volatility |
Other Fees
TPFx maintains a transparent fee structure. There are no deposit or withdrawal fees, making it cost-effective for clients. However, it’s important to note that inactivity fees may apply if the account remains dormant for an extended period. Additionally, overnight interest (swap rates) may be charged for regular accounts, depending on the instruments held. Currency conversion fees may also apply for transactions involving different currencies.
