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STP (Straight Through Processing)
A broker model that passes orders directly to liquidity providers without manual intervention.
What is STP (Straight Through Processing) in forex trading?
A broker model that passes orders directly to liquidity providers without manual intervention. STP brokers offer faster execution and no conflict of interest, similar to ECN.
What this looks like across the brokers we track
Of the 37 brokers BrokerAnalysis tracks that state an execution model, 20 are ECN, 10 are Market maker / dealing desk, 6 are STP, 1 is No dealing desk. Execution model is self-declared by the broker, not independently audited.
Measured across 37 entities in the BrokerAnalysis dataset. See the full broker comparison
Detailed Explanation
STP brokers offer faster execution and no conflict of interest, similar to ECN.
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