STP stands for straight through processing. For trader, this means that quotes, spreads, prices and other stuff like that are genuine rather than fake. On top of that, the trader saves on expenses like spreads, commissions and fees, and can trade at the best prices available with major liquidity providers.
For the sake of comparison, it is the broker that provides the trader with the quotes. The trader just has to accept these quotes. There is no market depth in this case, which means there is no space for maneuver. Unfortunately, some brokers conceal this fact and there is nothing we can do bout it now, apart from choosing another FX broker o trade with.
FIX API
It is interesting to note that SFX Market provides the international trading community with the FIX protocol (FIX API). This protocol can really give you a competitive edge over other market participants, while offering the following features:
Tight spreads backed by those interbank liquidity providers the company is currently working with.
An option to create your own trading apps or use the existing ones.
Almost lightning-fast execution of client orders.
Your reading experience is always subject to privacy.
STP Benefits
If to believe the SFX Markets website, “Straight-Through-Processing or STP technology is a form of electronic order processing in which transactions are executed directly into a financial market without human intervention. SFX Markets uses this STP technology exclusively when acting as an intermediary between its clients and market-making liquidity providers that consist of top-tier banks and financial institutions.”
Basically speaking, when using the STP technology, you rely on rapid execution of orders within the scope of the international market, Yet, this is done at competitive prices. To prove that STP is efficient, SFX Markets claims that asset managers, professional traders, scalpers and those engaged in high-frequency algorithmic trading (HFT) activities often use the STP technology as the most efficient way to trade their favorable assets.
These are just some of those multiple benefits the STP technology by SFX Markets can offer you today:
Fast order execution. All of our clients’ orders get forwarded directly to liquidity providers without any delay, which guarantees you the best execution times and prices.
No trading restrictions. Using STP technology allows us to place no restrictions on the trading methods our clients employ. This means you can use all types of Expert Advisors (EAs), including scalping and HFT algorithms.
No conflict of interest. SFX Markets exclusively processes client orders using STP technology and earns commissions from sending these orders to liquidity providers. This means our only interest lies in our clients’ trading volume and continued profitability.
For more details, please visit https://www.sfx-markets.com/trading/stp-technology
SFX Markets: Other Benefits
SFX Markets was founded in 2011 by financial experts with over 100 years of combined experience. SFX Markets’ activities are aimed at providing unique and innovative financial services to retail and institutional traders around the world.
SFX Markets can boast thousands of winning traders and affiliates. On top of that, the clients have collectively deposited over $20 million to date.
At this point, point the company is focused at promoting the FIX Protocol. The mentioned protocol makes it possible to trade financial markets professionally through directly connecting the company’s liquidity providers. The FIX-based trading used to be available only to big-scale trades with the initial capital of $100.000 and higher. SFX Markets has made it more affordable by cutting the minimum deposit requirements to $5000.
Whether you are a news trader, scalper or even an HFT trader, you still need premium-quality services and innovative solutions taking your trading to the next level.
These are some of the company’s major advantages:
· Segregation of client funds
· No fees on deposits
· Spreads as tight as 0.1 pips
· FIX Protocol trading from $5,000
· 85 trading instruments
· Fast STP execution
· Highly-qualified support team
· Minimum deposit as low as $300
· Minimum lot size as low as 0.01
You should keep in mind that SFX Markets is a next-generation investment brokerage company that provides the client with direct access to interbank liquidity supported by the cutting-edge technologies in the FX industry. SFX Markets’ business model is built on the execution of customer transactions directly to the market through the use of Straight Through Processing (STP) technology.
