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.
Z.com Trade is an Online FX & CFD broker which also offers Cryptocurrency trading on MT4 trading platform. The broker is affiliated to a mega-Japanese broker 'GMO CLICK' which has been active in financial markets since 2005. Its lo...
You can trade cryptocurrencies with FBS via Meta Trader 4 and 5 and the FBS Trader application.
The primexbt broker offers access to the global markets as well, and their trading conditions are pretty very favorable.
The STP Zero Spread account offer drew my attention to this broker in the first place. Very few brokers have this kind of offer and I was interested to see the trading terms. I...
Hm, interesting broker that offeres demo trading contests.I dunno whether it is still done or not, I gotta check it and ask thir customer support. Hope, they wll anwer my questins.
IronFX is that broker that offers top-tier service and products to its customers. Traders can choose an account type that is suitable to their needs, I am sure you will find wh...
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...