As you know, the contemporary trading industry has become extremely sophisticated and competitive. Hundreds of broking companies keep competing for the right to render broking services to new and existing traders and investors. You shouldn't be surprised with the fact since Forex is the world's biggest financial market where trillions of dollars are turned over on a daily basis.
Still, not all of the companies are capable of providing you with premium-quality services and help you to boost your financial performance through introducing various innovative solutions for convenient and efficient trading.
That is why Masterforex-V Academy created Masterforex-V Expo, a project designed to combine unbiased ratings of Forex brokers in various nominations. Market Leader previously wrote about Masterforex-V Expo and its ratings.
This time we would like to let you take a closer look at the rating of STP brokers as of October 2014.
For those who do not know, STP (stands for Straight Through Processing) is an automatic system aimed at delivering the trader’s orders directly to liquidity providers. The technology takes Forex trading to the next level since the process of executing orders become unbiased, transparent and instantaneous.
Best STP Brokers as of October 2014
The current rating of STP brokers looks as follows:
NAS Broker is the current frontrunner. This became possible due to the fact that NAS Broker is committed to improve its STP service on a regular basis. For example, not so long ago NAS Broker launched a new type of trading accounts known as Tornado STP DMA.
The main competitive edge of the new account type is the use of Nano-Bridge. This means that client orders are sent directly to liquidity providers through the technology known as DMA (Direct Market Access). When trading on an account that belongs to the Tornado STP DMA type, each client order is processed without the broker’s participation on the side of the banking liquidity aggregator.
For NAS Broker, the role of such an aggregator is performed by LMAX – an electronic exchange connecting major brokers, banks and other financial institutions.
Advantages of NAS Broker’s Tornado STP DMA Accounts:
• Min deposit - from $1
• Min lot Forex - from 0,01
• Min lot Spot/CFD – from 0,1
• Market spreads - from 0,00001
• Margin deposits and swaps - market
• Plasing orders inside the spread - YES
• Execution time - instant
• No-Freeze level
• Execution method - DMA (Direct Market Access)
• LMAX assets: Forex - 67, Spot Commodities – 8, CFD Indicies - 9
• Commission per 1 lot: Spot - $14, CFD - $18
More info - http://www.nas-broker.com/en/trading-products/tornado-stp
The other top-ranking STP brokers are FBS, Dukascopy Bank SA, NordFX and Active Trades. Together with NAS Broker they create TOP 5 of the best STP brokers in the Forex industry.
