What's the Difference Between STP and Market Maker CFD Account in CFD?

STP Account CFD vs Maker CFD Account

STP CFD Accounts

STP CFD Account stands for STP, the STP CFD Account cfd brokers will send client orders direct to their CFD Liquidity Provider, the CFD Liquidity Provider is a big bank with deep liquidity to trade on the interbank net-work.

An STP CFD Account provided by an STP cfd broker can either have one CFD Liquidity Provider or many liquidity providers.

The best thing about STP CFD Accounts is that cfds traders can place their cfds trades immediately with instant execution because they have got access to the inter bank market via their STP cfds trading broker.

STP CFD Accounts will not charge commissions, but will charge spread on cfds trades. Because CFD traders have access to the inter bank markets trading execution, there is no re-quotes on the cfd orders neither any order waiting for execution, the trading order execution is instant.

MM Accounts

Market Maker CFD Accounts are cfd broker accounts where Market Maker cfd brokers have a dealing desk model where they can match trading orders in-house without going to the online inter bank cfds trading market.

CFD orders can also be executed against their traders - meaning the broker can take the opposite side of a cfd traders open trades.

This cfd broker can make the decision to either execute a cfd order that's the opposite of a cfd trader's order thus if the trader makes a loss the broker makes a profit, & if cfd trader makes a profit the broker makes a loss.