STP Forex brokers

STP - Straight Through Processing. 

STP broker is a hybrid model between Market Maker and DMA/STP. Sometime it routes your order to the market (acts as an DAM/STP broker - if you win) but sometime it does not (display it own quotes and acts as a Market Maker - if you lose).

  • The good: more accurate prices and transparent compare to Market Makers broker, smaller conflict of interest.
  • The bad: re-quotes and order rejections.

How STP brokers make money? They have two ways:

  • Routes your order to the market and add spread mark-up (similar to DMA/STP)
  • Acts as Market Maker and earn from your lose.

Is it a win-win situation where broker always profit? Probably not but it does work most of the time!

XTB UK Limited

XTB Direct

XTB UK Discussion   + SUBMIT YOUR REVIEW   Website: Founded: 2002 Company: XTB UK Limited Headquarter: 7th Floor, 29 Marylebone Road, London. NW1 5JX, United Kingdom Regulation: FCA (FRN522157) Note: XTB UK Limited is the trading name of X Open Hub Ltd (authorised and regulated by the UK FCA)

Swissquote Reviews


Swissquote Bank Discussion   + SUBMIT YOUR REVIEW   Website: / Founded: 2002 Company: Swissquote Bank Ltd Headquarter: ACM SA, 50 rue du Rhône, Geneva, 1204, Switzerland Regulation: FINMA Note: Swissquote Bank Ltd. has acquired ACM Advanced Currency Markets AG (October 26, 2010)