What is the Difference Between Straight Through Processing and Market Maker BTCUSD Trading Account in Bitcoin Trading?

STP BTCUSD Trading Account Bitcoin Trading vs Maker Bitcoin Trading Account

STP BTCUSD Trading Accounts

STP BTCUSD Account stands for STP, the STP BTCUSD Trading Account crypto brokers will send client orders direct to their Bitcoin Trading Liquidity Provider, the Bitcoin Trading Liquidity Provider is a big bank with deep liquidity to trade on interbank network.

An STP BTCUSD Trading Account provided by an STP cryptocurrency trading broker can either have one Bitcoin Trading Liquidity Provider or many liquidity providers.

The best thing about STP BTCUSD Trading Accounts is that cryptocurrency traders can place their cryptocurrency trades immediately with instant execution because they have access to inter bank market via their STP cryptocurrency trading broker.

STP BTCUSD Accounts won't charge commissions, but will charge spreads on cryptocurrency trades. Because Bitcoin traders have access to the inter bank markets trading execution, there is no re-quotes on the crypto orders neither any order waiting for execution, the trade order execution is instant.

MM Accounts

Market Maker BTCUSD Trading Accounts are crypto broker accounts where Market Maker crypto brokers have a dealing-desk execution model where they can match orders in-house without going to the online bitcoin market.

Bitcoin Trading orders can also be executed against their traders - meaning the cryptocurrency trading broker can take the opposite side of a bitcoin traders open trades.

This cryptocurrency trading broker can make the decision to either execute a cryptocurrency order that is the opposite of a bitcoin trader's order thus if the trader makes a loss the crypto broker makes a profit, & if the trader makes a profit the broker makes a loss.