STP Forex Brokers

  1. What is STP Broker?
  2. Best STP Brokers
  3. What is STP/ECN Forex Brokers
  4. Who are True STP Brokers?
  5. STP Forex Brokers List

What is STP Broker?

STP Brokers are brokers who sending traders’ orders directly to the market Straight Through Processing or STP without dealing desk intervention (or NDD) means straight to the liquidity providers the market is consistent of and the ones particular broker cooperating with. Typically, the 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. Read more about STP via Wikiedia.

  • 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 very 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.

🏦 SpreadLow spread from 1 pips
📊 CommissionYes/ No
🔒 SlippageNo
💰 Re-QuotesNo

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.

  • Trading212 – Best Overall STP Broker 2021
  • BlackBull Markets– Lowest Spread STP Broker 2021
  • XTB – Best MT4 STP Broker 2021
  • Pepperstone – Best STP Broker for Beginners 2021

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.

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.

STP Forex Brokers List

These are the regulated brokers with STP trading execution:

Broker Detail
BDSwiss Review BDSwiss
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App
Regulation: CySEC, FSC, FSA
1
BDSwiss Review
BlackBull Markets logo BlackBull Markets
Min. Deposit: 200 US$
Max. Leverage: 1:500
Trading Platforms: MT4, MT5
Regulation: FMA, FSA
2
BlackBull Markets Review
FP Markets
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: IRESS, MT4, MT5
Regulation: ASIC, CySEC
3
FP Markets Review
Pepperstone review Pepperstone
Min. Deposit: 200 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, cTrader
Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN
4
Pepperstone Review
HotForex Review HotForex
Min. Deposit: 5 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: CySEC, FCA, DFSA, FSCA
5
HotForex Review
Axiory logo Axiory
Min. Deposit: 10 US$
Max. Leverage: 1:777
Trading Platforms: MT4, MT5, cTrader
Regulation: IFSC
Axiory Review
FBS
Min. Deposit: 1 USD
Max. Leverage: 1:30
Trading Platforms: MT4, MT5, FBS trader, CopyTrade
Regulation: CySEC, IFSC, FSCA, ASIC
FBS Review
Eightcap
Min. Deposit: 100 US$
Max. Leverage: 1:30
Trading Platforms: MT4, MT5
Regulation: ASIC
Eightcap Review
FXCC Review FXCC
Min. Deposit: No minimum deposit
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: CySEC, VFSC
FXCC Review
TMGM
Min. Deposit: 100 US$
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4, MT5, IRESS
Regulation: ASIC
TMGM Review