We found 11 online brokers that are appropriate for Trading Stp.
STP brokers use technology that deals with straight-through processing, an automated payment process, helps exchanges to transact payments faster.
It is done electronically and no manual intervention takes place.
STP was developed in London some three decades ago for equities trading.
Now it is being used in various financial services including payment processing.
It is better than the traditional payment system.
There is no dealing desk needed and orders of clients are routed straight through to liquidity providers who lock the bid/ask rate.
Liquidity providers can be counterpart investors, big banks or hedge funds. The STP brokers sometimes have an internal liquidity pool and operate with the help of liquidity providers.
STP brokers act as a connection between the clients and market. STP is different from re-processing trades or dealing desk trades.
If you are new to CFD and Forex trading, you may come across STP brokers, Market Maker and other related terms.
These are in reference to price quotations offered.
It is important to understand the type of trades, the tradable markets and quotes offered before choosing a broker.
Significance of STP brokers can best be understood after understanding the price quoting system of a Market Maker. So, let us first discuss this.
Market Maker is also known as a Dealing Desk. The quoting model offered is different from that of STP brokers. Here, the broker offers bid/ask prices instead of through a liquidity provider. The quote actually reflects the market price.
A Market Maker broker tries offsetting a client's trading position with that of another. If not, the next way is to hedge the risk with the help of a liquidity provider.
There are a few disadvantages dealing with MM brokers compared to STP brokers. The spreads are usually wider and sometimes they decline bigger positions due to lack of liquidity required for taking the risk. Requotes and slippages are common with MM.
There are advantages as well as disadvantages of dealing with STP brokers. Let us discuss both here:
With STP brokers there are rare chances of conflict of interest and spreads are tighter with them. You rarely experience slippage and requotes. Moreover, they are able to take larger trade positions as they deal with external liquidity providers.
Sadly, they do not entertain micro-lots. Dealing with STP Brokers means you need to have larger trading capital. More to this, the spreads with STP brokers are less consistent. The trades are expensive as commissions are charged on each order.
There is no clear answer whether you choose MM brokers or STP brokers. However, if your trading capital is low and you want to go for lowest costs in placing orders, it is suggested to deal with MM brokers.
If you have a larger trading capital and can accept the commissions of each trade, STP brokers are perfect.
Lately, many brokers offer both services. They play the role of STP brokers as well as MM brokers depending on the requirements of clients.
When the order of a client is received, STP brokers transfer the order to the bank, investment corporations, hedge fund or other liquidity providers and no intermediary is involved.
This means the STP brokers pass on the orders without filtering those and a Dealing Desk or intermediary process is completely absent in the process.
With no Dealing Desk, the STP brokers process the orders immediately, without holding for even a minute, and don't need to send re-quotes.
This process is an advantage to traders as the orders are not delayed. Investment can be made immediately after the release of any important financial news.
STP Brokers benefit more when there are several liquidity providers on the system. This helps to fill the client faster.
Banks are mostly used as liquidity providers as the trade can be worked out on the interbank markets.
Most of the traders today prefer STP brokers due to the increased speed. Traders can react faster to market events. STP brokers have No Dealing Desk.
STP brokers are compensated with a speed markup obtained from banks or liquidity providers. Usually, there is no commission involved in each trade.
Most of the providers are banks on the interbank market.
The STP brokers offer fixed as well as variable spreads.
The STP brokers make a profit each time its client trades using the platform. The system never works without the orders initiated by clients.
Just small markup is added to the spread while quoting. The markup is applied by a slight fractional pip.
Once the client places an order, it is passed on at the lower rate for bid and a higher rate for ask offer to the liquidity providers.
Often clients opt to place their trades through STP brokers considering No Dealing Desk is applied to it and the process is comparatively more transparent.
With STP brokers the client believes they are entering a true market and not any artificial market created by any market maker. More to this, the order is placed immediately, without any delay.
There are several competitive markets and so it is a top priority to make the orders placed faster s well as better.
Apart from this, the transactions through such system are anonymous for clients due to No Dealing Desk being involved in the entire process.
The technology of STP brokers is one of the best now and it is far better than any traditional process that is done manually.
Most of the local and exchanges prefer the STP system as orders are placed immediately and there is No Dealing Desk involved.
The process includes more and more liquidity providers to facilitate filling the clients faster.
Most of the clients prefer the STP brokers while trading because they believe the market with it is true and not artificial or created by a market maker.
Moreover, the transactions are kept anonymous and clients cannot be revealed with the process.
STP brokers system is one of the best discoveries of current era in the financial markets.
We've collected thousands of datapoints and written a guide to help you find the best Straight Through Processing (STP) Brokers for you. Our aim is that this information helps you choose a trustworthy, reputable and professional broker who can satisfy your trading needs online. We have compiled a list of what we consider the best stp brokers below.
There are a number of important factors to consider when picking an online Stp trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top Stp Brokers.
Compare Stp Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are stp brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more stp brokers that accept stp clients
Broker |
eToro
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XTB
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Roboforex
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Pepperstone
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FP Markets
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Trading212
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NordFX
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Admiral
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Axitrader
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forexmart
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Eightcap
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Rating | |||||||||||
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investments Commission (ASIC) |
Min Deposit | 10 | No minimum deposit | 1 | 200 | 100 | 1 | 1 | 200 | No minimum deposit | 1 | 100 |
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Used By | 27,000,000+ | 250,000+ | 10,000+ | 89,000+ | 10,000+ | 15,000,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ | 10,000+ |
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Platforms | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | MT4,WEB,desktop | MT4, Tablet & Mobile apps |
Support |
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Learn More |
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Up with pepperstone |
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Up with fpmarkets |
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Up with trading212 |
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Up with nordfx |
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Up with admiralmarkets |
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Up with axitrader |
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Up with forexmart |
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Up with eightcap |
Risk Warning | 68% of retail investor accounts lose money when trading CFDs with this provider. | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | 74-89 % of retail investor accounts lose money when trading CFDs | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Demo |
eToro Demo |
XTB Demo |
Roboforex Demo |
Pepperstone Demo |
FP Markets Demo |
Trading 212 Demo |
NordFX Demo |
Admiral Markets Demo |
Axitrader Demo |
ForexMart Demo |
Eightcap Demo |
Excluded Countries | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, | US, IN, PK, BD, NG , ID, BE, AU | US, JP | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW | US, JP, NZ | US, CA | No | US, CA, JP, SG, MY, JM, IR, TR | US, JP | RU | US |
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
You can compare Stp Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Stp Brokers for 2022 article further below. You can see it now by clicking here
We have listed top Stp brokers below.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Past performance is not an indication of future results.
Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.