Difference between STP and ECN accounts

Difference between STP and ECN accounts

STP and ECN operate as the NDD (No Dealing Desk) which means that traders' orders are forwarded to the interbank market without being processed by the dealing desk. Also STP trades are forwarded directly to liquidity providers while ECN trades form inner liquidity between the members of the electronic network.

The key difference between these two types of accounts is the commission. On ECN accounts traders are charged a fixed commission for opening and closing trades and spreads depend on the prices of liquidity providers. On STP accounts no commission is charged but the FXOpen mark-up is added to the spread of liquidity providers.
As a rule, ECN offers a wider range of financial instruments including various CFDs.

The additional differences are listed in the table:

FXOpen Markets: ECN vs. STP

 STPECN
Minimal depositUSD 10USD 100
Margin CallAt Margin Level of less than 50%At Margin Level of less than 100%
Stop OutAt Margin Level of less than 30%At Margin Level of less than 50%
Learn more about the trading accounts on the company's official page.

FXOpen AU: ECN vs. STP

 STPECN
Minimal depositUSD 10
USD 200
Margin CallAt Margin Level of less than 50%At Margin Level of less than 100%
Stop OutAt Margin Level of less than 30%At Margin Level of less than 50%
Learn more about the trading accounts on the company's official page.
See also FXOpen AU Pro account trading conditions.

FXOpen UK: ECN vs. STP

Learn more about the trading accounts on the company's official page.
See also FXOpen UK Pro account trading conditions.

FXOpen EU: ECN vs. STP

Learn more about the trading accounts on the company's official page.
See also FXOpen EU Pro account trading conditions.


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