What is STP Account Explanation?

Commodity Account Types STP

STP Accounts

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

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

The best thing about STP Accounts is that traders can place their trades immediately with instant market execution because they have access to the interbank market via their STP broker.

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