Strategies on STP

STP accounts allow scalping without limitations. Your trades may stay open for several seconds only and you can place Stop LossTake Profit and Stop and Limit Orders within the spread (1 or 2 pips away from the current market price).

Hedging in STP accounts is allowed. Hedging ― a position or combination of positions that reduces the risk of your primary position. This means you may open a BUY and a SELL trade on the same currency pair with the same volume at the same time.

STP accounts support news trading. Economic news reports often spur strong short-term moves in the market, which may create trading opportunities for gaining a profit. These are the most important economic releases,  influencing the volatility of currency pairs: inflation, GDP and industrial production, interest rate decision, business activity, public speeches of Central Banks heads or other financial institutions.

Phone dealing is available in STP accounts. This service can apply in emergency cases, you can ask the broker to close an open position if the trading platform is not available at that moment. Learn more about etiquette for trading operations via telephone.

Updated: 3 months ago