STP Trading Information
STP Trading Was Founded In 2019 And Is Headquartered In Saint Lucia. It Is A Financial Company That Provides Trading Services In Multiple Markets Such As Forex, Indices, Commodities, Stocks And Cryptocurrencies.
STP Trading Has A Relatively Low Minimum Deposit Requirement Of Only $10, Which Is Suitable For A Wide Range Of Traders And Offers Multiple Account Types: STP ZERO, STANDARD, ISLAMIC And JOINT. STP Trading Has Spreads Starting From 0.00012 And Exclusively Uses The Meta Trader 5 Platform.
Advantages Of STP Trading
Diversified Market Tools: STP Trading Offers Multiple Trading Options Such As Forex, Indices, Commodities, Stocks, And Cryptocurrencies, Enabling Traders To Diversify Their Portfolios.
Low Minimum Deposit: A Minimum Deposit Requirement Of Only $10 Makes STP Trading Suitable For A Wider Range Of Traders, Including Beginners And Those With Limited Funds.
Multiple Account Types: Different Types Of Accounts Such As STP ZERO, STANDARD, ISLAMIC, And JOINT Accounts Are Available, Providing Flexibility And Choice To Meet Different Trading Needs And Preferences.
Demo Account Availability: The Provision Of A Demo Account Allows New Traders To Practice And Become Familiar With The Trading Platform Without Risking Real Money.
Educational Resources Available: Includes Educational Tools Such As An Economic Calendar, Helpful To Traders Who Wish To Improve Their Market Knowledge And Trading Skills.
Disadvantages Of STP Trading
Limited Choice Of Trading Platform: STP Trading Only Offers The MetaTrader 5 Platform And May Not Be Able To Meet The Needs Of Traders Who Prefer Other Platforms Or Are Accustomed To MetaTrader 4.
Market Tools
You Can Trade 5 Different Classes Of Assets: Currencies, Commodities, Metals, Indices, And Cryptocurrencies. Unfortunately, Some Other Widely Traded Assets, Such As Stocks, Shares, And Exchange-traded Funds (ETFs), Are Not Supported By STP Trading.
Account Types
Traders With Different Tastes And Needs Can Choose From Four Different Account Types Offered By STP Trading. STP Zero Accounts Have Spreads As Low As 0.0 Pips, Commissions Of $5, And A Minimum Deposit Of $1,000. Standard Accounts Have A Minimum Spread Of 0.4 Pips, A Minimum Commission Of $6, And A Minimum Deposit Of $10. Traders Who Comply With Islamic Finance Principles Can Open An Islamic Account With A Minimum Deposit Of Only $10 And A Spread Starting From 1.5 Pips. Finally, Traders With High Volume Can Open An ECN Account With A Minimum Deposit Of $50,000 And A Minimum Spread Of 0 Pips, Plus A $8 Fee.
The Minimum Trading Volume For All Account Types Is 0.01 Lots (1000 Units), And The Use Of An Expert Advisor (EA) Is Allowed.
How Do I Open An Account?
Opening An Account With STP Traders Is A Simple Three-step Process:
Creating And Verifying Your Account: Start By Creating An Account On The STP Traders Platform. This Will Involve Providing Some Personal And Financial Information. After Creating An Account, You Will Need To Go Through A Process Of Verification. It Is Usually Necessary To Submit Identification Documents To Comply With Financial Regulatory Requirements And Ensure The Security Of The Account.
Making Your First Deposit: After Verifying Your Account, You Can Make Your First Deposit. STP Traders Advertise That Deposits Are Free, Which Can Be An Advantage. Choose A Suitable Deposit Method That Matches Your Preferences And Financial Plan.
START TRADING: Once Your Deposit Has Been Processed, You Are Ready To Start Trading. You Will Have Access To A Variety Of Market Instruments Such As Forex, Indices, Commodities, Stocks And Cryptocurrencies Through STP Traders' Trading Platform.
Spreads And Commissions
STP Trading Offers Competitive Spreads And Commission Ranges Across Its Different Account Types. For STP ZERO Accounts, Spreads Start From 0.0 Pips With A Commission Of $7 Per Trade, Suitable For High Volume Traders Looking For Low Spreads.
Standard Accounts Have Spreads Starting From 0.4 Pips With A Slightly Higher Commission Of $8, Balancing Cost-effectiveness With Accessibility To A Wider Range Of Traders. Shariah-compliant Islamic Accounts Offer Spreads Starting From 1.5 Pips And Do Not Charge Commissions, Suitable For Traders Seeking A Shariah-compliant Trading Environment.
Details For Partner Accounts Will Be Confirmed Upon Request, Providing Flexibility For Partner Or Group Trading In Ethereum. This Structure Allows STP Trading To Cater To A Variety Of Trading Preferences And Strategies, From Traders Who Require A Low Spread Environment To Those Who Prioritize Commission-free Trading.
Trading Platform
STP Trading Has Adopted MetaTrader 5 (MT5), The Latest And Advanced Multi-asset Trading Platform Developed By MetaQuotes That Connects To Various Exchanges And Markets.
Key Features Of MT5 Include:
Diversified Trading Tools: MT5 Allows Trading In Multiple Asset Classes, Including Foreign Exchange (FX), Cryptocurrencies, Indices, Commodities, And Stocks. This Diversity Allows Traders To Diversify Their Investments Across Different Markets.
Multi-platform Accessibility: The Platform Is Available On Multiple Devices, Including Mobile, Desktop, And Web Trading Platforms. This Flexibility Ensures That Traders Can Access Their Accounts And Trade Anytime, Anywhere.
Award-winning Platform: MT5 Is Widely Recognized In The Trading Community For Its Outstanding Performance And Functionality.
Advanced Charting And Analysis Tools: MT5 Offers Tools In 21 Timeframes And Over 80 Pre-loaded Indicators, Providing A Wide Range Of Tools For Detailed Market Analysis That Meets The Needs Of Both Beginner And Advanced Traders.
The Inclusion Of MT5 In STP Trading's Preferred Platform Highlights The Company's Commitment To Providing Clients With A Robust, Versatile And User-friendly Trading Environment.
Deposits And Withdrawals
STP Trading Offers Its Customers A Convenient And Simple Way To Deposit And Withdraw Money, Focusing On Two Main Methods Of Financial Transactions:
Bank Transfers: This Traditional Method Is Suitable For Transferring Larger Amounts Securely. Bank Transfers Are Widely Used Due To Their Reliability, But The Processing Time Can Take Several Days, Depending On The Bank And The Country Involved. This Method Is Usually Suitable For Important Transactions Or Initial Deposits.
Credit/Debit Card Transactions: For Faster And More Convenient Transactions, Especially For Smaller And More Frequent Transfers, STP Trading Accepts Credit And Debit Cards. These Trades Are Often Processed Faster Than Bank Transfers, Providing Instant Or Quasi-instant Access To Funds. This Approach Is Particularly Popular With Traders Who Value Speed And Convenience.
Promotions
STP Trading Offers A Welcome Bonus Promotion To New Clients, Which Offers A 20% Bonus On The Initial Deposit When New Clients Open An STP Trading Account. The Welcome Bonus Can Be An Attractive Incentive To Attract More New Clients To The Trading Platform, As It Provides Them With Additional Trading Capital From The Outset.
CUSTOMER SUPPORT
STP Trading Is Committed To Providing Comprehensive Customer Support, Providing A 24/7 Service To Answer Any Questions, Follow Any Concerns Or Feedback. Clients Have The Option To Receive Immediate Assistance Via An Online Chat Service, Ensuring Real-time Problem Resolution And Information Sharing.
For Those Customers Who Prefer To Communicate Verbally, STP Trading Offers A 24/7 Telephone Support Option At + 44 121 288 7600. In Addition, Customers Can Also Be Contacted Via Email For More Detailed Inquiries Or Feedback At [email protected].
For Specific Issues Or Complaints, We Provide A Dedicated Email Address [email protected] To Ensure That Any Grievances Are Dealt With Promptly And Efficiently. This 24/7 Multi-channel Availability Underscores STP Trading's Commitment To An Accessible And Responsive Client Server.