STP (Straight Through Processing) gives you direct access to the Forex market (interbank market) and offers the best prices, low spreads and 5th decimal pricing format.
Unlike ECN, broker's commission is included in the difference between the best BID and the best Offer (ASK). This difference (Spread) is variable and not fixed and depends on the buy and sell orders available on the Marketplace.
STP allows Scalping, Hedging, Phone Dealing, as well as Expert Advisors using.
You can learn STP trading terms in the table below:
STP | |
Broker | FXOpen Markets Limited |
Client Portal | my.fxopen.com |
Trading Platform | MT4 |
Account Type | MT4 STP |
Account Currency | EUR, GBP, USD, CHF, JPY, GLD |
Leverage | up to 1:500* |
Trading Instruments | 50 currency pairs, Gold and Silver |
Commission | No |
* Leverage size depends on the balance
STP | |
Broker | FXOpen Ltd |
Client Portal | my.fxopen.co.uk |
Trading Platform | MT4 |
Account Type | MT4 STP |
Account Currency | EUR, GBP, USD |
Leverage | 1:30 Retail up to 1:500 Professional |
Trading Instruments | Currencies, Metal CFDs |
Commission | No |
STP | |
Broker | FXOpen AU Pty Ltd |
Client Portal | my.fxopen.com.au |
Trading Platform | MT4 |
Account Type | MT4 STP |
Account Currency | AUD, EUR, GBP, USD, CHF, JPY |
Leverage | 1:30 Retail up to 1:500 Professional |
Trading Instruments | 50+ currency pairs, Gold and Silver |
Commission | No |
STP | |
Broker | FXOpen EU Ltd |
Client Portal | my.fxopen.eu |
Trading Platform | MT4 |
Account Type | MT4 STP |
Account Currency | EUR, GBP, USD |
Leverage | 1:30 Retail up to 1:500 Professional |
Trading Instruments | Currencies, Metal CFDs |
Commission | No |