Forex Brokers (Sort by Popularity)

Here is the list of Forex Brokers.

STP stands for “Straight-Through Processing.” It is an automated process that allows financial transactions, such as trade orders or payments, to be processed electronically from start to finish, without the need for manual intervention or rekeying of data.

With STP, trade orders are entered into an electronic system, where they are automatically checked for accuracy and completeness. The system then routes the trade to the appropriate market or counterparty for execution, and once the trade is executed, the system automatically records and reconciles the transaction.

STP systems are used in a variety of financial industries, including securities trading, foreign exchange, and payments processing. They offer a number of benefits, including faster processing times, reduced risk of errors, and lower costs. Because STP systems are fully automated, they can handle large volumes of trades or transactions without the need for additional staff or resources.

In addition, STP systems can help to improve transparency and reduce the risk of fraud, as all trades and transactions are recorded and reconciled automatically. This can be particularly important in the foreign exchange market, where large volumes of trades are conducted daily and where the risk of fraudulent activities, such as “wash trading,” is higher.

On this page, we list brokers and exchanges that adopt Straight Through Processing (STP) model to provide the service.