What is STP Forex Account Meaning? - What is Straight Through Processing Forex Account Meaning?

Forex Account Types STP - STP Micro Account - STP Mini Account - STP Standard Account

STP Forex Accounts

STP Forex Account stands for Straight Through Processing, the STP Forex Account forex brokers will send client orders direct to their Forex Liquidity Provider, the Forex Liquidity Provider is a big bank with deep liquidity to trade on the inter-bank network.

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

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

STP Forex Accounts will not charge commissions, but will charge spread on forex trades. Because traders have access to interbank markets execution, there's no requotes on the forex orders neither any order waiting for execution, the trade order execution is instant.