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Pros

User-friendly trading platform with MT4/MT5 support.
Access to a variety of trading instruments and markets.
Potential for competitive spreads and leverage options.

Cons

Lack of valid regulatory oversight, increasing risk for traders.
Limited customer support options and responsiveness.
Mixed reviews regarding reliability and trustworthiness.

STPL broker Accounts

STP Trading Account Types

STP Trading offers a variety of account types to cater to different trading styles and preferences. Here are the key account types available:

  • Standard Account
    • Spreads: From 0.4 pips
    • Commission: $6 per lot
    • Minimum Deposit: $10
    • Minimum Trade Size: 0.01 lots (1,000 units)
    • Leverage: Up to 1:300
    • EA (Expert Advisors): Allowed
    • STP Zero Account
      • Spreads: From 0.2 pips
      • Commission: $5 per lot
      • Minimum Deposit: $1,000
      • Minimum Trade Size: 0.01 lots (1,000 units)
      • Leverage: Up to 1:300
      • EA: Allowed
      • Islamic Account
        • Spreads: From 1.3 pips
        • Commission: No commission
        • Minimum Deposit: $10
        • Minimum Trade Size: 0.01 lots (1,000 units)
        • Leverage: Up to 1:300
        • EA: Allowed
        • ECN Account
          • Spreads: From 0 pips
          • Commission: From $4 per lot
          • Minimum Deposit: $50,000
          • Minimum Trade Size: 0.01 lots (1,000 units)
          • Leverage: Up to 1:300
          • EA: Allowed

          STP Trading Broker Account Opening Process

          Opening an account with STP Trading is straightforward and can be completed in a few steps:

          • Application Submission:
            • Provide your contact details and personal information, including proof of address.
            • Verification:
              • Once your application is complete, the STP Trading team will conduct appropriateness checks.
              • Access Codes:
                • Upon successful verification, you will receive an email with access codes to the client portal.
                • First Deposit:
                  • Log in to the client portal and make your first deposit via secure transfer along with your proof of account.
                  • Demo Account Option:
                    • You can also open a free demo account with a balance of $10,000 to practice trading in a risk-free environment.
                    • Multiple Accounts:
                      • You can open up to three live trading accounts under one portal if needed.

STPL accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
STPL Account