STP brokers are the platforms that are a type of no dealing desk forex brokers. They send trades automatically to the market to make the process easy. The system is in contrast to dealing desks that are the market makers.
In the article, we’ll be discussing the best STP broker that traders can trust and trade with. They can be certain of the trading platform and make it easier for traders to have successful trading.
Top Five STP Brokers
Financial market is full of various kinds of brokers. Traders have to research, compare and analyse these to make the right decision. Below we have focused on the best STP brokers that would make it easier to trade and have smooth trading experience.
Admiral Markets
Admiral markets is one of the best STP meta trader brokers. The brokerage firm is considered as an average risk broker with a trust score of 87 out of 99. The company is not publicly traded and does not operate a bank.
The broker is regulated by the Australian Securities and Investment Commission (ASIC), and the Financial Conduct Authority (FCA). Founded in 2001 the company has the best trading platform MetaTrader.
The spreads are low and it has a low minimum deposit as well. Traders can trade in stocks, forex, ETFs and more than 3900 assets with various account types. Besides, it supports scalping, hedging, VRS and algo trading.
eToro
eToro is a popular broker that is known for its copy trading services.The STP broker was founded in 2007 and is an Israel based company. It focuses on forex trading, stock, cryptocurrency and other financial market trading.
It offers clients an innovative trading platform which is uniquely known for its social trading experience. Through the platform traders can explore and copy trades of experienced traders.
The broker currently operates in more than 140 countries and is regulated by the Cyprus authority and FCA. These two bodies ensure a secure trading environment for clients globally.
So, a good choice for online traders. They can have social trading with a range of market facilities.
Pepperstone
Pepperstone is a 2010 STP broker that is based in Melbourne, Australia. It offers quality services online to support them in the best online trading experience. The broker provides traders with a minimum deposit of $200 to begin trading.
They can open their account using the platform and the various account types for various types of traders. Traders can have instruments such as CFDs on forex, index, stocks, currency indices, commodities and ETFs to trade.
Besides, the maximum leverage at the platform is 1:400 and for the pro users it is 1:500. Spreads begin from 0.0 pips and margin call is 90% while the stop out is at 20%.
RoboForex
RoboForex is a broker founded in 2009. The trading platform offers clients with various services becoming the best STP broker available. The broker offers services in more than 160 countries and has more than 3.5 million users.
It is a leading software developer in the forex industry. Traders recognise the broker as a reliable trading partner. Besides, it has won various awards for the top-notch services.
The broker is regulated by FSC and CySEC authorities offering a secure trading environment and has a minimum deposit of $10. Traders can have a maximum leverage of 1:2000 and spreads are floating from zero pips.
Libertex
Libertex is a Cyprus based financial service provider. It is a member of Libertex Group established in 1997. The broker is regulated by top authorities Cyprus Securities and Exchange Commission with licence number 164/12.
Clients can use the platform to trade in various assets across different countries. It is best for the trading course it offers for the beginners. Being the best STP broker it has competitive spreads, various deposit methods, has licence to operate and is member of the Libertex Group which has 25 years of experience in the market.
In addition, it has pricing transparency to make trading much easier and clear.
Conclusion
STP brokers are the trading platforms to offer the best trading services. In the article traders can get familiar with the top five STP brokers of the market. These brokers have the best of services to make trading less complicated for the online traders. Admiral markets, eToro, Pepperstone, RoboForex and Libertex each of these have their unique quality. Traders can find the best one for them and make successful trades.
