STP Trading Account

STP trading accounts give you all the benefits of ECN real market execution with a low starting deposit of just $10.

STP stands for “Straight Through Processing” execution. In STP accounts the broker's trading commission is included into the spread. STP spreads are variable and depend on the buy and sell orders available in FXOpen ECN. Each order is executed on the real market. The minimum transaction size is as low as 0.01 lot with the minimum "step" of 0.01 lot. 1:500 leverage is available for accounts under USD 25 000.

Just as with ECN, STP trading account offers the same wide selection of tradable financial instruments. There are no limitations on the use of automated trading, expert advisors and strategies including scalping and hedging. Pending orders, Stop Losses and Take Profits can be placed just a few pips away from the market price and even within the spread. With high leverage and a low initial deposit ($10), Forex STP accounts give the opportunity to benefit from a real ECN trading environment even for traders with small and medium capital.

Contract specifications for STP accounts

  STP trading account
Account currency USD, EUR, GBP, JPY, RUB, CHF, Gold
Minimum deposit from $10 (or equivalent in another currency);
Maximum balance without limitations
Spread floating depending on the buy/sell orders available in FXOpen ECN
Commission No
Quotes format 0.12345
Execution market
Minimum transaction size 0.01 lot
Maximum transaction size without limitations
Minimal increment 0.01 lot
Leverage up to 1:500;
Margin call 50%
Stop Out 30%
Demo accounts Yes
Islamic accounts Yes
Instruments 50 currency pairs + gold and silver;
Bonuses USD 10 for opening the 1st STP trading account
Expert Advisors Yes
Scalping Yes
Hedging Yes
News trading Yes
Phone dealing Yes
Market depth with level 2 quotes Yes
Trading time 00:00 Mon – 23:59 Fri (FXOpen Server Time)
Inactive account fees maintenance - $10 per month;
reactivation - $50;
 

*GLD is the basic unit to indicate account balance, margin, profit, etc. for Gold-based accounts in MetaTrader 4. 1 GLD = 0.001 troy ounce (equal to approx. 0.03 grams of gold).

**For overnight positions we charge an additional commission equal to the Swap rate of the particular currency pair.