What is STP forex broker?

STP is Straight Through Processing. STP Brokers are sending traders' orders directly to the market without dealing desk intervention (or NDD) means straight to the liquidity providers the market is consistent with and the ones particular broker cooperating with. Typically, the broker has many liquidity providers that are 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

What are the benefits of trading with STP forex brokers?

The STP execution also 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 just adding-on small fixed markup usually 1 pip to the quote. Most often, the STP type brings variable spreads due to the changing bid/ ask prices, yet at a very competitive spread value usually lower than Market Makers. However, one of the advantages among STP execution is that the broker never makes profits on clients' losses since the company gains its net from a number of executed orders and is more interested in the trading sizes.

Is FXTM a STP forex broker?

Yes, FXTM is not a STP forex broker. It is an ECN technology provider that is getting more and more common to set-up the progressive technology. Demand from investors fulfilled by access to instant rates and better pricing while you should stay caution to the true nature of the broker

Is FP Markets a STP forex broker?

Yes, FP Markets is not a STP forex broker. It is an ECN technology provider that is getting more and more common to set-up the progressive technology. Demand from investors fulfilled by access to instant rates and better pricing while you should stay caution to the true nature of the broker

Is XM a STP forex broker?

Yes, XM is a STP forex broker as it is a STP technology provider that is getting more and more common to set-up the progressive technology. Demand from investors fulfilled by access to instant rates and better pricing while you should stay caution to the true nature of the broker

STP Forex Brokers

What is STP Broker?
Best STP Brokers
What is STP/ECN Forex Brokers
Who are True STP Brokers?
STP Forex Brokers List

What is STP Broker?

STP Brokers sending traders’ orders directly to the market Straight Through Processing or STP without dealing desk intervention (Check Non Dealing desk brokers) 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. 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 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.

BDSwiss – Best Overall STP Broker 2022
BlackBull Markets – Lowest Spread STP Broker 2022
FP Markets– Best MT4 STP Broker 2022
Pepperstone – Best STP Broker for Beginners 2022

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.

STP Forex Brokers List

These are the Best Brokers with STP trading execution:

Broker	Detail
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	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	Min. Deposit: 200 US$ Max. Leverage: 1:30 to 1:400 Trading Platforms: MT4, MT5, cTrader, TradingView Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN	4 Pepperstone Review
HFM	Min. Deposit: 5 US$ Max. Leverage: 1:30 \| 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, DFSA, FSCA, FSA	5 HFM Review
Axiory	Min. Deposit: 10 US$ Max. Leverage: 1:777 Trading Platforms: MT4, MT5, cTrader Regulation: FSC, FSC	Axiory Review
FBS	Min. Deposit: 1 USD Max. Leverage: 1:30 Trading Platforms: MT4, MT5, FBS trader, CopyTrade Regulation: CySEC, FSC, FSCA, ASIC	FBS Review
Eightcap	Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: MT4, MT5 Regulation: ASIC, SCB	Eightcap Review
TMGM	Min. Deposit: 100 US$ Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4, MT5, IRESS Regulation: ASIC, FMA	TMGM Review
FXCC	Min. Deposit: No minimum deposit Max. Leverage: 1:30 \| 1:500 Trading Platforms: MT4 Regulation: CySEC, VFSC	FXCC Review