What's STP Account in Indices Trading?

STP Micro Account Trading

STP Accounts

STP Account stands for Straight Through Processing, the STP Account brokers will send client orders direct to their Liquidity Provider, the Liquidity Provider is a large bank with deep liquidity that's required to trade on the inter-bank network.

An STP Account provided by an STP stock trading broker can either have one Indices Liquidity Provider or many liquidity providers.

The best thing about STP Accounts is that stock traders can place their stock trades immediately with instant execution because they have access to interbank markets via their STP stock trading broker.

STP Accounts will not charge commissions, but will charge spread on stock trades. Because traders have access to inter-bank market execution, there's no re quotes on the orders neither any trade order waiting for execution, order execution is instant.