What is STP Broker?

STP Brokers sending traders’ orders directly to the market Straight Through Processing or STP without dealing desk intervention means straight to the liquidity providers the market is consistent of and the ones particular broker cooperating with.

Typically, broker has many liquidity providers, either banks or larger brokers generating its own bid and ask price. However, it’s still an option to execute through one liquidity provider, as some brokers practicing that in a result bringing deeper liquidity pool.

  • The STP execution means there is no re-quote or delay in filling orders, as the technology executes in extreme speed, sorts quotes among the offering and filling orders at the best available price
  • Most often, the STP Broker offer variable spreads due to the changing bid/ ask prices, yet at a competitive spread value usually lower than Market Makers. Where STP broker adding-on small fixed markup typically 1 pip to the quote representing trading fee, since the company gains its net from a number of executed orders and more interested in the trading sizes.

🏦 Spread Low spread from 1 pips
📊 Commission Yes/ No
🔒 Slippage No
💰 Re-Quotes No

Best STP Forex Brokers

Here are the selection of Best STP Brokers by category consistent of Regulated Brokers with some of the best STP trading conditions, low costs and risks.

What is STP/ECN Forex Brokers

STP describes a trading platform with Straight to Process execution without dealer intervention, where ECN is technology bridge to send orders to the market (Check best ECN brokers ).

Who are True STP Brokers?

Only Regulated brokers are constantly overseen in all stages of operation and can guarantee true STP Trading environment and deliver fair dealing conditions.

What is the Difference Between STP and NDD Forex Broker?

The execution is different, while NDD is generally not using dealer to fill trading orders, the STP sends request directly to the market. The difference might be in a spread and filling of orders, however is very alike.