STP Trading Account
STP trading accounts give you all the benefits of ECN real market execution with a low starting deposit of just $300.
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 Swift Market Expert 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.
| STP Trading Account | |
|---|---|
| Account currency | USD, EUR, GBP, JPY, RUB, CHF, Gold* |
| Minimum deposit | from $300 (or the equivalent in another currency) |
| Maximum balance | without limitations |
| Spread | floating depending on the buy/sell orders available in Swift Market Expert ECN |
| Commission | No |
| Quotes format | 0.12345 |
| Execution | market |
| Minimum transaction size | 0.01 lots |
| Maximum transaction size | without limitations |
| Minimal increment | 0.01 lots |
| Leverage | up to 1:500 |
| Margin call | 50% |
| Stop Out | 30% |
| Logins | 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 (Swift Market Expert Server Time) |
| Inactive account fees |
maintenance - $300 per month reactivation - $500 |
| Learn more... |
**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.
