What is Straight Through Processing Oil Account Meaning?

STP Mini Oil Trading Account

STP Oil Trading Accounts

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

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

The best thing about STP Oil Trading Accounts is that crude oil traders can place their crude oil trades immediately with instant market execution because they have access to inter-bank markets via their STP crude oil broker.

STP Oil Accounts won't charge commissions, but will charge spreads on crude oil trades. Because Oil traders have access to inter bank market execution, there is no requotes on the oil orders neither any order waiting for execution, the trade order execution is instant.