What is STP Indices Trading Account in Indices Trading?
STP Mini Account Indices Trading
STP Indices Trading Accounts
STP Indices Trading Account stands for Straight Through Processing, the STP Indices Trading Account indices brokers will send client orders direct to their Indices Trading Liquidity Provider, the Indices Trading Liquidity Provider is a big bank with deep liquidity to trade on the interbank network.
An STP Indices Trading Account provided by an STP stock indexes trading broker can either have one Indices Trading Liquidity Provider or many liquidity providers.
The best thing about STP Indices Trading Accounts is that stock indexes traders can place their stock indexes trades immediately with instant execution because they have access to the interbank market via their STP stock indexes trading broker.
STP Indices Trading Accounts will not charge commissions, but will charge spreads on stock indexes trades. Because Indices traders have access to the interbank market execution, there is no requotes on the indices orders neither any order waiting for execution, the execution is instant.