Best STP Brokers 2025
We’ve tested all top trading platforms and selected the best Straight-Through Processing (STP) brokers based on their transparency, competitive spreads, and reliable order execution, ensuring efficient trading.
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1Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.4 Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.8 Introduced in 2020, RedMars, situated in Cyprus, provides competitive spreads across over 300 trading instruments with a leverage of up to 1:500. They offer three account tiers, namely, Standard, Pro, and VIP, catering to different budgets and levels of trading experience. RedMars also features a speedy, entirely digital account creation process. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 3.9 Capitalcore is a foreign trading broker located in Saint Vincent and the Grenadines, founded in 2019. It offers four account types (Classic, Silver, Gold, VIP), which provide decreasing spreads and increasing bonuses as traders upgrade. The broker's standout features are its high leverage up to 1:2000 and no swap fees. However, these benefits do not make up for its insufficient monitoring from the IFSA and lackluster educational and research resources. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 2.5 Plexytrade, founded in 2024 and based in Saint Lucia, is an ECN/STP broker. It caters to active traders and offers four account choices. It also allows crypto transactions and a notably high leverage of up to 1:2000, due to its unregulated status.
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Safety Comparison
Compare how safe the Best STP Brokers 2025 are.
Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
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Broker Popularity
See how popular the Best STP Brokers 2025 are in terms of number of clients.
Broker | Popularity |
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Interactive Brokers |
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FOREX.com |
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Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- The new IBKR Desktop platform combines the advantages of TWS and adds unique tools like Option Lattice and Screeners with MultiSort to make trading accessible and impressive for traders of all levels.
- IBKR provides a cost-effective platform for traders by offering low fees, narrow spreads, and clear pricing.
- Interactive Brokers was named Best US Broker for 2025 by DayTrading.com for its dedication to US traders, ultra-low margin rates, and affordable global market access.
Cons
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- IBKR offers many research tools. However, the tools are not uniformly distributed across trading platforms and the web-based 'Account Management' page, causing confusion for the users.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
- The Web Trader remains one of the top platforms for budding traders, boasting a sleek design and more than 80 technical indicators for market analysis.
Cons
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- FOREX.com has expanded their trading offerings, but these remain limited to forex and CFDs. Unfortunately, they don't provide options to invest in actual stocks, ETFs, or cryptocurrencies.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
Why Trade With RedMars?
RedMars is suitable for expert traders in the EU who are comfortable with the MetaTrader 5 platform, as the broker is approved by the CySEC. However, due to its minimal education and research tools, it is not recommended for beginners.
Pros
- The broker is among a few firms that provide a special account for VIPs featuring premium support and exclusive event invitations.
- RedMars provides a superior trading platform, MT5, equipped with 21 timeframes, multiple analytical tools, customizable templates, and algorithmic trading.
- EU clients can trade confidently with RedMars, as it is approved by the CySEC. In case of bankruptcy, up to €20K compensation is available through the ICF.
Cons
- RedMars provides a constrained trading platform, offering just 300 instruments. This is quite limited compared to top competitors such as BlackBull Markets, which boasts 26,000 assets.
- The trading platform is simple, lacking advanced features like Islamic account, PAMM account, or copy trading.
- RedMars' spreads are industry-standard, but they don't provide a substantial advantage over the least expensive trading brokers we have experience with, particularly IC Markets.
Why Trade With Capitalcore?
Capitalcore offers up to 1:2000 leverage options and does not charge commission or swap fees. However, it lacks strong IFSA regulatory oversight and does not provide educational resources, making it less competitive than leading brokers.
Pros
- As a relatively new player in binary options, its transparent, accessible service earned second place in DayTrading.com's 2025 'Best Binary Broker' award.
- Capitalcore charges no swap fees, making it attractive for Islamic traders seeking to align with Islamic Finance.
- The Capitalcore platform offers extensive charting tools and over 150 technical indicators, perfect for thorough market analysis.
Cons
- Capitalcore's limited education and research offerings are inferior to top tier firms such as IG, making it less ideal for new traders.
- Capitalcore is not overseen by key financial bodies and lacks a proven track record, which questions the security of client investments.
- During testing, the web platform showed inconsistent performance, with occasional technical issues preventing the trading platform from loading properly.
Why Trade With Plexytrade?
Plexytrade is a new trading platform offering attractive features such as a 1:2000 leverage, zero spreads on certain instruments, and quick execution speeds of less than 46 milliseconds. However, the company is not regulated which is a substantial issue, and the lack of research and educational tools puts it behind other leading platforms.
Pros
- Different VPS packages start at $50 monthly, but they are free after reaching certain deposit amounts.
- Plexytrade provides up to 1:2000 leverage, one of the highest rates available. It's designed for experienced traders who opt to bypass regulatory safeguards.
- Plexytrade supports various trading tactics such as quick buying and selling, risk management, and computer-based trading.
Cons
- Plexytrade isn't regulated in key regions, which raises the risk for traders who open an account or deposit money.
- The platform lacks research and education tools, unlike IG. Also, only clients with at least $500 can view the economic calendar.
- Plexytrade, offering about 100 instruments, limits the options for traders interested in a variety of assets. This is particularly noticeable when compared to Blackbull, which has 26,000 securities.
Filters
What To Look For In an STP Broker
True STP Execution: No Dealing Desk, No Nonsense
When we talk about Straight Through Processing (STP), we’re talking about a type of forex account that’s all about clean, direct order flow. With an STP model, there’s no dealing desk interference. Your trades get passed straight through to the liquidity providers, meaning no re-quotes, fewer delays, and — in theory — better pricing and execution.
So, what should you look for in a true STP account?
First off, transparency. A genuine STP broker won’t hedge against your trades or take the other side of them. That means no conflict of interest — they’re not betting on you to lose.
Next, depth of liquidity is crucial. More liquidity providers typically result in tighter spreads and faster fills. Add to that reliable execution speed, and you’re looking at an account that can keep up with fast-moving markets.
Finally, no re-quotes or slippage games. In a true STP model, your order should execute at the best available price, without any mystery or manipulation.
Top Pick for True STP Execution: Pepperstone. In our tests, we found Pepperstone consistently delivers the kind of STP performance we expect when we’re trading real money in real market conditions.
Pepperstone operates with no dealing desk intervention, and their execution speed is impressive; we’re talking as low as 30 milliseconds on average, even during volatile sessions. That’s fast enough to make a difference when markets are moving, and we’ve seen it hold up during key economic releases.
What stood out to us was the depth of liquidity. Pepperstone aggregates prices from over 20 tier-one banks and financial institutions, which gives them a serious edge in both pricing and execution reliability. When we stress-tested the platform ourselves — placing multiple high-volume orders during major forex events — we didn’t run into any widening spreads or suspicious delays. That’s a good sign.
For traders who care about genuine, no-nonsense STP execution, Pepperstone is hard to beat. Their platform transparency, execution speeds, and deep liquidity pool make them a standout pick in this category.

Pepperstone cTrader Spotware platform SPX500
Fast and Reliable Trade Execution: Because Every Millisecond Counts
In forex trading, speed isn’t just a luxury; it’s a necessity. Fast and reliable trade execution can be the difference between a profitable entry and a missed opportunity. Especially when you’re trading around news events or volatile market sessions, a fraction of a second can move the price just enough to sting.
What exactly should we be looking for when it comes to execution quality?
First, low latency — that’s the time it takes between clicking “buy” and your order hitting the market. The lower, the better. We’re looking for brokers who utilise advanced server infrastructure, co-located near major financial hubs such as London and New York.
Second, minimal slippage. Slippage happens when your order fills at a different price than expected. It’s not always avoidable, especially in fast markets, but good brokers reduce it to the bare minimum with smart routing and high-speed connections. And finally, consistency. It’s not enough for a broker to be fast once in a while. We want to see reliable execution across all trading hours, not just when things are quiet.
Top Pick for Fast and Reliable Trade Execution: FXPro. After running side-by-side tests across multiple platforms, FXPro stood out to us for how consistently fast and stable their trade execution is.
FXPro offers ultra-low latency execution with most orders processed in under 13 milliseconds — yes, we measured it ourselves. They use Equinix data centres in London and Amsterdam, which are among the best in the industry for cutting down order routing times.
What impressed us most wasn’t just the speed — it was the stability under pressure. We threw high-frequency trades at their servers during overlapping London/New York sessions, and FXPro handled it with zero slippage on the majority of our market orders. That’s rare, especially when spreads are moving quickly.
FXPro also uses a no-dealing-desk execution model on their cTrader platform, which we personally tested. We found order fills to be not only fast but also highly accurate, with no funny business on re-quotes.
If fast and reliable execution is at the top of your priority list (and let’s be real, it should be), FXPro delivers the goods. It’s become one of our go-to brokers for trading strategies that demand split-second precision
Tight Spreads and Transparent Commission: Keep More of What You Earn
When you’re trading frequently or dealing in large volumes, spreads and commissions aren’t just minor details — they directly eat into your bottom line. That’s why we always pay close attention to how tight the spreads are and whether the commission structure is clearly explained upfront.
First, low raw spreads. We want brokers that offer interbank-level pricing — the kind that sits close to zero on major currency pairs like EUR/USD and GBP/USD. When spreads are low, especially during peak market hours, you’re starting from a better position on every single trade.
Second, we need commission clarity. No hidden fees, no complicated formulas. Just a clear, per-lot commission that lets you know exactly what you’re paying. We always appreciate when brokers show the all-in cost (spread + commission) right on the platform — no mental math required.
This combination of tight spreads and transparent commissions is what truly sets apart brokers that cater to serious traders from those that merely claim to do so.
Top Pick for Spreads and Commissions: FXCC. In our experience, FXCC (Forex Central Clearing Ltd.) shines when it comes to low-cost trading. During our testing, we consistently saw raw spreads starting from 0.0 pips on majors — and yes, that’s even during active market hours, not just in the quiet Asian session.
What we appreciated most was their clear-cut commission structure. On their ECN XL account, which is where we did most of our trading, there are no commissions at all, which is rare for a raw spread account. That’s because FXCC factors the cost into their spreads, which still came out tighter than most commission-based models we compared.
To make things even easier, FXCC displays real-time bid/ask pricing from multiple liquidity providers right on their MT4 platform. We liked seeing exactly what we were getting — no smoke, no mirrors. When we tallied up the total cost per trade, FXCC regularly came out ahead of more expensive brokers with “standard” accounts.
For high-volume traders who want razor-thin spreads without surprise charges, FXCC gets our vote. It’s simple, transparent, and cost-effective — exactly how we like our trading setups.

FXCC MT4 platform EUR/USD chart
Platform and Tools: Trade Your Way, Without Limitations
Your trading platform is your command centre. If it’s clunky, limited, or missing the tools you rely on, your strategy is going to suffer. That’s why we always look beyond just execution and pricing. We want platforms that give us options, both in terms of technology and features.
The basics? Sure, we expect support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) — they’re industry standards for a reason. But more and more traders (ourselves included) are also looking for modern alternatives like cTrader or advanced proprietary platforms that bring something fresh to the table.
On the feature side, here’s what we consider must-haves:
- Depth of Market (DOM): A clear look at liquidity and order flow for smarter entries and exits.
- One-click trading: Speed counts, especially when you’re scalping or trading during volatile news events.
- Trading APIs: For coders and algo traders, this one’s big. We want direct access to market data and execution via a clean, well-documented API.
We’ve tested all of this across several brokers, and one in particular stood out for its platform variety and serious toolset.
Top Pick for Platform and Tools: XTB (X-Trade Brokers). When it comes to versatility and trading technology, XTB deserves some serious credit. While they do support MetaTrader 4, their real star is the xStation 5 platform — a proprietary system that we’ve spent a lot of time with, and frankly, we’re impressed.
xStation 5 is clean, fast, and packed with features we use, like built-in Depth of Market (DOM), real-time performance analytics, and a surprisingly robust economic calendar baked right into the interface. One-click trading is standard, and the platform handles large order sizes efficiently, without freezing or delay, even under high-frequency testing conditions.
For advanced users, XTB also offers trading API access, which lets you build and test automated strategies directly with live data. We ran a custom script through their API, and the response times and stability were top-tier.
The mobile and web versions of xStation are equally polished, which makes a big difference for traders who are on the move. Whether you’re a fan of MT4 or want something more modern and feature-rich, XTB gives you options without compromising performance.

XTB xStation platform chart of EUR/USD spot trade
Trading Conditions: Flexibility Without the Fine Print
Good trading conditions don’t just make life easier — they can determine whether a strategy even works in the first place. Whether you’re just starting with a small deposit or running an advanced system with automated execution, the conditions your broker offers need to match your goals.
Here’s what we look for:
- Minimum deposit: Not everyone wants to drop $1,000 on day one — and you shouldn’t have to. A reasonable minimum deposit makes it easier to test the waters or scale up gradually.
- Maximum leverage: This one’s a balancing act. Some traders want more room to manoeuvre with leverage, while others prioritise tighter risk control. Either way, we expect brokers to offer options that suit both conservative and aggressive styles, depending on your region’s regulations.
- Scalping and Expert Advisors (EAs): If you’re using a true STP account, you should be free to scalp, run automated bots, and test out algorithmic strategies — no restrictions, no red tape.
After putting all of these criteria through real-world testing, one broker delivered a trading environment that was flexible, fair, and friendly to both beginners and advanced traders alike.
Top Pick for Trading Conditions: Forex.com. If you’re looking for a broker that offers flexible, trader-friendly conditions without unnecessary hurdles, Forex.com ticks all the boxes.
Let’s start with the minimum deposit — it’s just $100, which is great whether you’re just getting started or running multiple small accounts as part of your strategy testing. We ran several trial accounts ourselves to test setup speed, funding options, and execution, smooth across the board.
Forex.com also offers maximum leverage up to 200:1, depending on your jurisdiction. While regulators in regions like the UK or EU may cap leverage lower (usually around 30:1), Forex.com tailors its leverage based on where you’re located, and makes that info very clear from the start.
Most importantly for STP traders, scalping and Expert Advisors (EAs) are fully supported. We ran several Expert Advisors on their MetaTrader 4 and MetaTrader 5 platforms without a hitch — no platform slowdowns, no execution blocks, and no weird rule restrictions. That’s precisely what we expect from a broker that claims to offer real STP conditions.
For a mix of low entry cost, flexible leverage, and complete freedom to trade the way you want, Forex.com delivers one of the most accommodating setups we’ve used.
Client Support, Reputation and Regulation: Trust Isn’t Optional
When you’re trading with real money — whether it’s $100 or $100,000 — you want to know your broker is actually on your side. That means reliable customer support, strong regulatory oversight, and a reputation that withstands scrutiny.
Here’s what we check every time we evaluate a broker:
- Client support hours and responsiveness: 24/5 support is the industry standard, but some go the extra mile with 24/7 help. We test live chat, email, and phone channels ourselves — because scripted replies and hour-long wait times aren’t acceptable.
- Independent reviews: We always cross-check a broker’s reputation on sites like Trustpilot, Forex Peace Army, and other real-user review platforms. If traders are consistently raising red flags about withdrawals, order manipulation, or customer service, that’s all we need to know.
- Regulation and licensing: This one’s non-negotiable. We only recommend brokers regulated by top-tier authorities like the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Commodity Futures Trading Commission (CFTC) in the US. No offshore shell companies — we want real oversight.
Bonus points go to brokers that invest in education and analysis tools. Whether you’re new to the game or sharpening a long-term edge, good learning resources can make a big difference.
Top Pick for Support and Regulation: Pepperstone. We’ve already praised Pepperstone for its execution, but where it excels is in trust and client service. This is a broker that checks every box when it comes to regulation, reputation, and trader support.
Let’s start with trust. Pepperstone is regulated by multiple tier-one authorities, including the FCA (UK), ASIC (Australia), CySEC (Cyprus), and DFSA (Dubai). That gives you broad protection, depending on your region, and signals that Pepperstone is playing in the big leagues when it comes to compliance and oversight.
Their 24/5 customer support is solid. We tested their live chat across different times of day, and responses were fast, human, and helpful — not just generic copy-paste replies. We also had email queries answered within a couple of hours, and the support team clearly understood both platform and technical questions.
In terms of reputation, Pepperstone consistently scores high on Trustpilot and Forex Peace Army, with praise for its fast withdrawals, responsive support, and reliable execution. We’ve had the same experience. In our testing, even when we pushed account limits or needed platform help, their team handled everything quickly and professionally.
And if you’re into education or market insight? Pepperstone offers daily technical and fundamental analysis, webinars, and video tutorials — all free. It’s a strong lineup for both beginners and experienced traders looking to stay sharp.
Bottom line? Pepperstone combines regulatory strength with top-notch support and a well-earned reputation, making it a standout choice for traders who value safety, service, and long-term reliability.
Global Access and Funding Options: Easy In, Easy Out
Even the best trading conditions don’t mean much if you can’t fund your account smoothly or access your money when you need it. That’s why global reach and flexible payment options are a big part of how we evaluate brokers.
Here’s what we look for when it comes to account funding and access:
- Multiple deposit and withdrawal methods: Credit/debit cards, bank transfers, PayPal, Skrill, Neteller — the more, the better. Local options are a bonus for international traders.
- Multi-currency accounts: If you’re trading in more than one currency or trying to avoid unnecessary conversion fees, having a broker that supports multiple base currencies can save you real money.
- Fast processing times: No one wants to wait days for a withdrawal to go through. We always test both deposits and withdrawals ourselves to see what’s real and what’s marketing fluff.
We’ve reviewed and tested this across all the major STP brokers, and one stood out for its global reach and clean, friction-free funding experience.
Top Pick for Global Access & Funding: XTB (X-Trade Brokers). When it comes to making your money move quickly and easily, XTB delivers one of the smoothest experiences we’ve had, especially for traders outside the usual hubs like the US or UK.
XTB supports a wide range of deposit and withdrawal methods, including bank transfers, Visa/Mastercard, and popular e-wallets such as PayPal, in select regions. What we liked is how they lay out fees (most methods are free), and how seamless the process is within the xStation 5 dashboard. We funded our test account in under five minutes and saw our withdrawal hit our bank in less than 24 hours — no drama.
For traders managing multiple currencies, XTB also offers multi-currency accounts. You can choose from several base currencies when you open your account — including USD, EUR, and GBP — which is excellent for reducing conversion costs if you’re working with international capital.
Another highlight? XTB has offices and support teams across more than a dozen countries, and its platform is available in over 15 languages. Whether you’re in Europe, Latin America, or Asia, XTB makes it easy to get started and manage your funds without feeling like you’re jumping through hoops.
In our view, XTB makes funding and withdrawals feel as easy as online shopping — and that’s exactly how it should be.