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. See TriumphFX broker.
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: 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and Mobile App Regulation: FSC, FSA |
1
|
 BlackBull Markets
|
Min. Deposit: 0 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FMA, FSA |
2
|
 FP Markets
|
Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5 Regulation: ASIC, CySEC |
3
|
 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
|
 HFM
|
Min. Deposit: 5 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5 Regulation: CySEC, FCA, DFSA, FSCA, FSA |
5
|
 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: 1:3000 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 |