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|Founded Year||2-5 years ago|
|Company Name||STP Trading|
|Minimum Deposit||Not specified|
|Maximum Leverage||Up to 1:200|
|Spreads||Floating spreads for all symbols|
|Trading Platforms||MetaTrader 5 (MT5)|
|Tradable Assets||Forex, CFDs, Cryptocurrencies|
|Account Types||Standard, Gold, Islamic, Islamic-VIP|
|Customer Support||Phone, email, online messaging, social media|
|Deposit Methods||VISA, MasterCard, WebMoney, Bitcoin, Tether, Ethereum|
|Withdrawal Methods||VISA, MasterCard, WebMoney, Bitcoin, Tether, Ethereum|
|Trading Tools||FX Calculators, Pip Calculator, Easy Pivot Point, TradingView, Investing.com Stocks & Finance, Myfxbook, Forex Calendar, Market & News, Stinu - Position size calculator|
STP Trading is a brokerage firm that offers a diverse range of trading instruments, including forex, CFDs, and cryptocurrencies. The platform aims to provide a comprehensive trading experience for its clients by catering to their preferences and strategies across different asset classes. Traders can access various markets and take advantage of market opportunities.
The broker offers multiple account types to accommodate different trading needs. These include the Standard, Gold, Islamic, and Islamic-VIP accounts. Each account type has its own features and requirements, allowing traders to choose the one that aligns with their trading style and capital base.
Leverage is available to traders, allowing them to amplify their trading positions with a smaller initial investment. However, traders should be aware of the associated risks, as higher leverage can magnify both profits and losses. Risk management is crucial when using leverage.
STP Trading operates through the MetaTrader 5 (MT5) platform, which is available on various devices and operating systems. Traders can access the platform from their desktop computers (Windows and Mac), smartphones (iPhone and Android), and tablets. The MT5 platform provides a range of features, including real-time quotes, financial news, charts, and technical analysis tools, to assist traders in their trading activities.
To further support traders, STP Trading offers a selection of trading tools. These tools include calculators for risk management and trading strategy development, pivot point indicators, charting platforms, economic calendars, and news portals. Traders can utilize these tools to enhance their analysis and decision-making processes.
Customer support is available through phone, email, and online messaging channels. Traders can contact STP Trading for assistance, inquiries, or any support-related matters. The company aims to provide prompt and reliable customer support to ensure a satisfactory trading experience for its clients.
Overall, STP Trading offers a range of trading instruments, account types, leverage options, trading platforms, and tools to cater to the diverse needs and preferences of traders. It is important for traders to conduct their own research and due diligence to assess the legitimacy and suitability of the broker before engaging in any trading activities.
Pros and Cons
Overall, STP Trading offers a range of trading instruments and account types to cater to different traders' needs. However, it is important to consider the pros and cons before making a decision. Here is a table summarizing the advantages and disadvantages of STP Trading:
|Offers diverse range of trading instruments, including forex, CFDs, and cryptocurrencies||Lack of valid regulation and licenses|
|Multiple account types to suit different trading preferences and strategies||Potentially higher risk due to lack of regulation|
|Provides access to the popular MetaTrader 5 (MT5) platform||Limited information on trading conditions and fees|
|Flexible leverage options up to 1:200||Limited educational resources and tools|
|Supports scalping and hedging strategies||Unclear deposit and withdrawal terms|
|Offers a variety of trading tools and applications for analysis and risk management||Limited customer support options|
Based on the provided information, it appears that STP Trading currently does not have valid regulation or licenses. The broker's regulatory status is listed as unauthorized, according to the information from NFA (National Futures Association), and it is advised to be cautious and aware of the associated risks.
It's important to note that regulation is a crucial aspect when considering a forex broker. Regulated brokers are subject to certain standards and oversight, which can provide a level of protection for traders. Regulatory authorities set guidelines and rules that brokers must adhere to, ensuring fair and transparent trading practices.
STP Trading offers a range of trading instruments across three main categories: forex, CFDs, and cryptocurrencies. Here are some examples of the trading instruments available:
1. Forex: STP Trading provides various forex currency pairs for trading, including EUR/USD, EUR/GBP, USD/CAD, USD/CHF, and GBP/JPY. Forex trading involves buying one currency while simultaneously selling another, taking advantage of the fluctuations in exchange rates.
2. CFDs: STP Trading offers CFDs (Contracts for Difference) on popular financial instruments such as DJI (Dow Jones Industrial Average), DXY (US Dollar Index), and XAU/USD (Gold/US Dollar). CFD trading allows traders to speculate on the price movements of these underlying assets without owning the actual asset, offering potential opportunities for profit in both rising and falling markets.
3. Cryptocurrencies: STP Trading also provides trading opportunities in cryptocurrencies, with BTC/USD (Bitcoin/US Dollar) being one of the available trading pairs. Cryptocurrency trading involves speculating on the price movements of digital currencies, such as Bitcoin, in order to generate profits.
By offering a diverse range of trading instruments across forex, CFDs, and cryptocurrencies, STP Trading aims to cater to the trading preferences and strategies of its clients. Traders can choose from a variety of instruments to build their portfolios and take advantage of market opportunities in different asset classes.
Pros and Cons
|Reduction in manual trade processing||Risk of market manipulation|
|Faster and more streamlined trade executions||Potential for system outages or glitches|
|Access to a wide range of financial products||Reliance on technology and internet access|
|Enhanced price discovery||Potential for increased trading costs|
STP Trading offers four different account types to cater to the varying needs and preferences of traders. The account types are Standard, Gold, Islamic, and Islamic-VIP.
The STANDARD ACCOUNT is suitable for traders who prefer scalping and hedging strategies. It requires a minimum initial deposit of $50 and offers floating spreads for all symbols, with both floating and fixed spreads available for gold symbols. The account comes with a leverage of 1:200 and low commissions. It also provides chart insurance and allows for fast execution in the market. Traders using the Standard account have access to the MT5 trading platform and can benefit from the ease of use and expert capabilities it offers.
The GOLD ACCOUNT is designed for traders with a larger capital base, requiring a minimum initial deposit of $1,000. It offers similar features to the Standard account, including floating spreads for all symbols and floating and fixed spreads for gold symbols. The Gold account provides very low commissions, making it attractive for frequent traders. It also supports scalping and hedging strategies and offers a leverage of 1:200. Traders using the Gold account have access to the MT5 platform.
The ISLAMIC ACCOUNT is specifically designed for traders who adhere to Islamic principles, as it is swap-free and commission-free. It requires a minimum initial deposit of $50. The Islamic account offers floating spreads for all symbols and floating and fixed spreads for gold symbols. It supports scalping and hedging strategies and has a leverage of 1:200. The account is suitable for long-term deals and provides access to the MT5 platform.
The ISLAMIC-VIP ACCOUNT is the premium account option offered by STP Trading. It requires a significantly higher minimum initial deposit of $50,000. This account offers similar features to the Gold account, including floating and very low spreads for all symbols and floating and fixed spreads for gold symbols. It is commission-free and swap-free, making it attractive to high-volume traders. The Islamic-VIP account supports scalping and hedging strategies and offers a leverage of 1:200. Traders using this account type have access to the MT5 platform.
It's important to note that all account types have a 30% stop-out level, allowing traders to manage their risk effectively. Additionally, STP Trading offers bonuses to clients who open accounts in any of the account types.
Pros and Cons
|1. Access to deep liquidity||1. Limited customization options|
|2. Faster order execution||2. Higher minimum deposit requirements|
|3. Lower trading costs||3. Potential for requotes during volatile markets|
|4. No dealing desk intervention||4. Limited access to certain trading strategies|
|5. Increased market depth||5. Possible slippage during high market volatility|
To open an account with STP Trading, follow these steps:
1. Visit the STP Trading website.
2. Click on the “Register” button.
3. Fill in your personal information, including your first name, last name, email address, partner ID (if applicable).
4. Create a password with at least 8 characters and confirm it.
5. Select your country from the provided options.
6. Enter your mobile number.
7. Choose your gender.
8. Enter your date of birth in the format of year/month/day.
9. Provide your address.
10. Read and acknowledge any regional restrictions or terms of service.
11. Check the box indicating that you have read, understood, and agreed to the terms of service.
12. If you have already registered, click on the “Already Registered？” option.
Once you have completed these steps, your account registration will be processed, and you will be able to access and trade on the STP Trading platform.
STP Trading offers leverage to its clients, allowing them to amplify their trading positions with a smaller initial investment. The leverage ratio provided by STP Trading is up to 1:200.
A leverage ratio of 1:200 means that for every dollar (or unit of base currency) in a trader's account, they can potentially control up to 200 dollars (or units of the trading instrument). This can significantly increase the potential returns on a trade, as gains or losses are calculated based on the total value of the position rather than the initial investment.
It's important to note that while leverage can amplify potential profits, it also magnifies the potential losses. Higher leverage involves greater risk, as even small market fluctuations can have a significant impact on the account balance. Traders should exercise caution and carefully manage their risk when using leverage.
STP Trading's fees and commissions structure is influenced by the type of trading account held by the trader. Here is an overview of the spread and commission offerings for different account types:
1. Standard Account and Islamic Account:
- Spread: The spread for all symbols in the Standard and Islamic accounts is floating. This means that the spread may vary based on market conditions and liquidity.
- Gold Symbol Spread: All account types, including the Standard and Islamic accounts, enjoy floating and fixed spreads for the gold symbol.
- Commission: The Standard account incurs a low commission, which means traders will pay a small fee for each trade executed.
2. Gold Account and Islamic-VIP Account:
- Spread: The spread for all symbols in the Gold and Islamic-VIP accounts is floating and described as “very low.” This suggests that the spreads are narrower, potentially resulting in lower trading costs.
- Gold Symbol Spread: Similar to other account types, the Gold and Islamic-VIP accounts also benefit from floating and fixed spreads for the gold symbol.
- Commission: The Gold account features an even lower commission compared to the Standard account. On the other hand, the Islamic and Islamic-VIP accounts do not have any commission charges.
STP Trading offers multiple options for depositing and withdrawing funds. Traders can choose from various payment methods, including VISA, MasterCard, WebMoney, Bitcoin, Tether, and Ethereum. By accepting these widely used payment options, STP Trading aims to provide flexibility and ease of use for its clients.
To make a deposit, traders can use their VISA or MasterCard credit or debit cards, providing a straightforward and familiar method for funding their trading accounts. Additionally, WebMoney, a secure online payment system, is available for deposits, ensuring the safety of transactions.
For those who prefer digital currencies, STP Trading accepts Bitcoin, Tether, and Ethereum as deposit methods. This allows traders to use their cryptocurrency holdings to fund their trading accounts, providing an alternative and decentralized approach to financial transactions.
When it comes to withdrawals, STP Trading emphasizes a prompt processing time. According to the information provided, all withdrawal requests are processed within three hours. The funds are deposited into the bank account specified in the trading contract, ensuring a secure and efficient transfer of funds.
Traders should note that specific terms, conditions, and any associated fees or processing times may apply to deposits and withdrawals. It is advisable to refer to STP Trading's official website or contact their customer support for comprehensive information on deposit and withdrawal procedures, as well as any specific requirements or limitations that may be relevant to the chosen payment method.
STP Trading offers traders access to the MetaTrader 5 (MT5) platform, which is available on multiple devices and operating systems, ensuring flexibility and convenience.
The STP Trading MT5 Windows Terminal allows traders to access the platform directly from their desktop computers. It provides a fast and efficient trading experience, enabling users to execute trades, analyze market data, and monitor their positions with ease. The platform features real-time quotes, financial news, forex and stock charts, and technical analysis tools. Traders can customize their trading environment according to their preferences and strategies, making it a versatile and user-friendly platform.
For traders who prefer to trade on the go, STP Trading offers the MT5 iPhone Trader and Android Trader. These mobile trading applications bring the power of MT5 to smartphones, allowing traders to stay connected to the markets wherever they are. The mobile platform provides real-time quotes, financial news, forex and stock charts, and technical analysis capabilities. Traders can execute trades, monitor their positions, and manage their accounts with convenience and flexibility. The mobile apps are designed to be user-friendly and provide a seamless trading experience on mobile devices.
Additionally, STP Trading caters to Mac users with the STP Trading MT5 Mac OS Terminal. This version of the platform is specifically optimized for Mac operating systems, ensuring smooth performance and compatibility. Traders using Mac computers can enjoy the full range of features and functionality offered by the MT5 platform. They can analyze the markets, execute trades, and manage their accounts seamlessly from their Mac desktops.
Pros and Cons
|1. User-friendly interface||1. Limited range of available financial instruments|
|2. Robust trading tools and features||2. Relatively high trading fees|
|3. Access to various global markets||3. Lack of advanced charting capabilities|
|4. Multiple account types to choose from||4. No mobile app for on-the-go trading|
STP Trading provides a variety of trading tools to assist traders in their analysis, risk management, and decision-making processes. Here are some of the trading tools offered by STP Trading:
1. FX Calculators: STP Trading offers FX calculators to help traders with risk management and trading strategy development. These calculators are available for both Android and iOS devices.
2. Pip Calculator: This tool helps traders calculate the pip value of each trade, enabling them to manage risk more accurately. The Pip Calculator is available for both Android and iOS devices.
3. Easy Pivot Point - Forex and Commodities: Pivot points are price levels used by traders as potential indicators of market movement. STP Trading provides the Easy Pivot Point tool for Forex and commodities trading. It is available for both Android and iOS devices.
4. TradingView - Stock charts, Forex & Bitcoin price: TradingView is a popular platform for technical analysis. STP Trading integrates TradingView, providing traders with access to stock charts, Forex data, and Bitcoin prices. The TradingView app is available for Android and iOS devices.
5. Investing.com Stocks & Finance: STP Trading offers access to the Investing.com app, which allows traders to stay updated on global financial markets, track their favorite stocks, and receive personalized alerts and news. The Investing.com app is available for both Android and iOS devices.
6. Myfxbook: Designed specifically for forex traders, the Myfxbook app enables traders to track, analyze, and stay updated with their forex portfolio and the forex markets on the go. The app is available for both Android and iOS devices.
7. Forex Calendar, Market & News: STP Trading provides access to the FXStreet App, which offers forex news, rates, and an economic calendar to keep traders informed about market events and news. The app is available for Android and iOS devices.
8. Stinu - Position size calculator: This intuitive position size calculator helps traders determine the correct position size and manage risk before entering a trade. The Stinu app is available for both Android and iOS devices.
These trading tools are designed to enhance traders' analysis, risk management, and decision-making capabilities, providing them with valuable resources and insights for their trading activities.
STP Trading provides customer support through various channels such as phone, email, and online messaging. They can be contacted via telephone at +905526282249 or through email at firstname.lastname@example.org and email@example.com. Additionally, customers can connect with them on social media platforms including Facebook, Instagram, Twitter, Telegram, and YouTube. The company is located at No 150, 3rd floor, Hanplus business center, Doan arasli blvd, Istanbul, Turkey.
In conclusion, STP Trading offers several advantages and disadvantages that traders should consider before engaging with this type of trading. On the positive side, STP Trading provides a diverse range of trading instruments, multiple account types, and convenient deposit and withdrawal options. Traders also have access to the popular MetaTrader 5 platform and the flexibility of leverage options. Moreover, STP Trading supports various trading strategies like scalping and hedging and offers a variety of trading tools for analysis and risk management.
However, it is crucial to be aware of the disadvantages associated with STP Trading. The lack of valid regulation and licenses raises concerns about the broker's credibility and investor protection, potentially increasing the risk for traders. Limited information on trading conditions and fees can make it difficult for traders to assess the true costs of trading. Additionally, the availability of educational resources and customer support options may be limited, and there might be a potential language barrier for non-English speakers.
Therefore, it is essential for traders to carefully evaluate these advantages and disadvantages to make an informed decision. Conducting thorough research on the broker, understanding the trading conditions, and assessing personal trading goals and risk tolerance are crucial steps before engaging in STP Trading. By doing so, traders can mitigate potential risks and make the most of the opportunities offered by STP Trading.
Q: What is the nature of the STP Trading broker platform？
A: The STP Trading broker platform operates directly on the real financial market, providing access to real prices through advanced electronic technology without interfering in pricing.
Q: Are the prices and terms the same for demo and real accounts？
A: Yes, the prices and conditions in the demo account reflect actual market prices and conditions. The demo account is securely connected to the network. However, it's important to note that the real account platform is faster than the demo account.
Q: How can I open a demo (virtual) account？
A: Opening a demo account is simple. You can easily open various demo accounts from your account dashboard.
Q: What is the validity period of a demo account？
A: There is no time limit for the validity of a demo account.
Q: How can I obtain a trading platform？
A: You can download the relevant trading platform file from the trading environment section of the website.
Q: Do I need a VPN to access the platform？
A: No, there is no need for a VPN to access the platform.
Q: How do I log in to my trading account？
A: After installing and launching the trading program, click on “Login to Trade Account” in the File section. Enter your username, password, and select the server, then click “Login” to access your account.
Q: How can I change the leverage in my trading account？
A: Traders can contact the support department for information on changing the leverage in their trading account.
Q: How can I create a new order？
A: In the Market Watch window, you can right-click on the desired trading instrument and select “Select New Order.” Alternatively, you can click on “New Order” in the top bar or use the F9 shortcut key.
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