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What is an STP broker?

Last Updated: Jul 28, 2017 12:28PM EEST
Straight Through Processing (STP) broker is a type of online broker. It is connected to one or multiple liquidity providers and forwards the trades of its clients to the liquidity provider that currently offers the best price.
Unlike Market Makers, STP brokers do not trade against their clients, so there is no conflict of interest.
 
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