What's Difference Between STP and Market Maker Crude Oil Trading Account in Oil Trading?

STP Crude Account Oil Trading vs Maker Oil Trading Account

STP Crude Oil Trading Accounts

STP Crude Oil Account stands for STP, the STP Crude Oil Trading Account oil brokers will send client orders direct to their Oil Trading Liquidity Provider, the Oil Trading Liquidity Provider is a large bank with deep liquidity to trade on the inter-bank net-work.

An STP Crude Oil Trading Account provided by an STP crude oil broker can either have one Oil Trading Liquidity Provider or many liquidity providers.

The best thing about STP Crude Oil Trading Accounts is that crude oil traders can place their crude oil trades immediately with instant market execution because they have access to interbank markets via their STP crude oil broker.

STP Crude Oil Trading Accounts will not charge commissions, but will charge spreads on crude oil trades. Because Oil traders have access to the inter bank markets trading execution, there is no requotes on the oil orders neither any order waiting for execution, the trading order execution is instant.

MM Accounts

Market Maker Crude Oil Trading Accounts are oil broker accounts where Market Maker oil brokers have a dealing desk where they can match trading orders in house without going to the online oil market.

Oil Trading orders can also be executed against their traders - meaning the broker can take the opposite side of a oil traders open trades.

This crude oil broker can make the decision to either execute a oil order that's the opposite of a oil trader's order thus if the trader makes a loss the broker makes a profit, & if the trader makes a profit the broker makes a loss.