Forex glossary

STP broker in Forex

A clear definition of STP broker, with practical context for reading markets and making better trading decisions.

Level 2 · From Prices to PracticeOrders & execution

Definition

Straight-through processing: a broker model that routes client orders to external liquidity providers rather than manually dealing each order.

An STP broker may show variable spreads based on available quotes.

Understanding STP broker helps traders interpret market information, plan decisions, and manage risk with more context.

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