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What are the Indicators of a True STP Broker?

Discussion in 'Education, Tutorials & Courses' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Straight through processing (STP) brokers operate without an intervention of a “dealing desk”. There is no market making such that all orders are directed to liquidity providers (other brokers and banks) where they are executed at the bid rate provided by those liquidity providers. Everything from placing the orders to closing them is done without any manual intervention. In such an engagement, the liquidity provider is a principal and final counterparty to your trade. STP brokers are known to

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