STP Forex brokers

STP brokers (Straight Through Processing), is the brokers that will pass on the clients' orders directly to their liquidity providers without filtering the orders through a Dealing Desk.

Benefits of the STP Model For Forex Brokers

  •  STP brokers has less expenses through its staff salaries because they has No Dealing Desk (NDD)
  • It is in the Brokers interest for the Client to make profitable trades, because a Client’s losses are not a brokers profit.  (STP broker will always make a profit whenever a client trade through an STP platform.  As STP brokers do not trade against clients orders, they add a small markup to the spread they receive from their LPs when quoting a bid/ask rate.)

Benefits of The STP Model For Forex Traders

  • Because there is No Dealing Desk, the broker is more transparent with the clients Trades as the client is entering trades into a true market instead of an artificial market that may be created by a market maker.
  • Client’s trades obtain better and faster fills because there are many competitive market bids and offers coming via the STP broker’s liquidity provider, which provide for more liquidity within the market.
  • Anonymity. Because there is no Dealing Desk monitoring the transactions of orders coming in from clients. The orders are executed automatically via the market network anonymously.
 
Broker Type STP available on accounts Platform execution: Minimum Deposit Max leverage Minimal Lot Spreads Lowest spreads EURUSD
XM(Xe Markets)(Visit) STP+DMA All accounts Market execution $5 500 0.01 variable >1
Forex4you(Visit) STP+DMA & STP All accounts Instant & Market execution $1 500 0.0001 fixed & variable 2 – Mini & Standard
>0.5 – 1 – Pro
HotForex(Visit) ECN & STP+DMA All accounts Market execution $5 500 0.01 variable >
0.8 – Micro & Standard
0.6 – Currenex
IronFX(Visit) STP+DMA, STP & MM All accounts Instant execution $500 500 0.01 variable >
0.8 – Mini
0.7 – Standard
InstaForex(Visit) STP All accounts Instant execution $1 1000 0.01 fixed 3
eToro(Visit) STP All accounts Instant execution $50 400 0.01 fixed 3
Forex Club(Visit) STP & MM ActTrader platform Instant execution $250 50 0.01 fixed & variable 0.6 – ActTrader (variable)
0 – ExpressFX (fixed)
IamFX(Visit) STP+DMA All accounts Market execution $100 400 0.01 variable >0.1 – 1.5
AAAFx(Visit) STP+DMA All accounts Market execution $300 200 0.01 variable >
1.5 – Mini & Standard
0.5 – Institutional
FXOptimax(Visit) STP+DMA & STP All accounts Market execution $10 500 0.01 fixed & variable 1.8-2
LiteForex(Visit) STP All accounts Instant execution $10 500 0.1 fixed & variable 0 – 3
Valbury Capital(Visit) STP All accounts Market execution no 100 0.25 variable >1.5 – 2.0
Abshire-Smith(Visit) STP & MM All accounts Instant execution $500 200 0.1 fixed & variable >1.4
GKFX(Visit) STP & MM All accounts Instant & Market execution $1 400 0.1 fixed & variable >1.5
ActivTrades(Visit) STP+DMA & MM Interbank accounts Market execution € 250 400 0.01 fixed & variable 2 – Standard
1.5 – Interbank
AxiTrader(Visit) STP+DMA All accounts Market execution $200 200 0.1 variable >1.4
GO Markets(Visit) STP+DMA All accounts Market execution $1 500 0.01 variable >1.5
Vantage FX(Visit) STP+DMA All accounts Instant & Market execution $500 500 0.01 variable >0.5 – 2.3
Forex FS(Visit) STP+DMA All accounts Instant & Market execution $500 100 0.01 variable >3
Profiforex(Visit) STP All accounts Instant & Market execution $1 500 0.01 fixed 2
UpFX(Visit) STP+DMA & STP All accounts Instant & Market execution $250 500 0.01 variable >
1.5 – Mini
1.2 – Standard
OctaFX(Visit) STP+DMA All accounts Market execution $5 500 0.01 variable >1.5
Varengold Bank FX(Visit) STP All accounts Instant & Market execution $2,500 200 0.1 variable >1
Axiory(Visit) STP+DMA All accounts Market execution $500 300 0.01 variable >1.9
Traders Trust(Visit) STP STP accounts Instant execution $100 500 0.1 variable >
1.8 – Mini
0.9 – 1.6 – Standard
PaxForex(Visit) STP + MM All accounts Instant execution $10 500 0.01 variable >
3 – Mini
1 – Standard
AccentForex(Visit) STP & MM Mini & PROfit accounts. Micro accounts – from 0.1 lot only Instant & Market execution $10 500 0.01 fixed & variable >
2 – Micro
0.8 – Standard
Pacific Financial Derivatives(Visit)(PFD-NZ) STP+DMA All accounts Instant & Market execution $200 500 0.01 variable >
0 – Gold Zero Kiwi Trader
0.4 – 0.8 – other s

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