What's Straight Through Processing Account Meaning?

STP Mini Account

STP Accounts

STP Account is synonymous for STP, the STP Account brokers will send client orders direct to their Liquidity Provider, the Liquidity Provider is a large bank with deep liquidity to trade in the inter bank net-work.

An STP Account provided by an STP broker can either have one XAUUSD Liquidity Provider or a number of liquidity providers.

Best thing about STP Accounts is that traders can open their gold trade transactions immediately with instant execution because they have access to inter bank markets via their STP broker.

STP Accounts won't charge commissions, but will charge spread on trades. Because traders have access to inter-bank market execution, ++3there is no re quotes on the orders neither any order waiting for execution, order execution is instant.