What is Straight Through Processing XAUUSD Account Meaning?
STP Mini XAUUSD Account
STP XAUUSD Accounts
STP XAUUSD Account stands for STP, the STP XAUUSD Account xauusd brokers will send client orders direct to their XAUUSD Liquidity Provider, the XAUUSD Liquidity Provider is a large bank with deep liquidity to trade on the interbank net-work.
An STP XAUUSD Account provided by an STP xauusd broker can either have one XAUUSD Liquidity Provider or many liquidity providers.
The best thing about STP XAUUSD Accounts is that gold traders can place their gold trades immediately with instant execution because they have access to inter bank markets via their STP xauusd broker.
STP XAUUSD Accounts will not charge commissions, but will charge spreads on gold trades. Because traders have access to inter-bank market execution, there is no re quotes on the xauusd orders neither any order waiting for execution, order execution is instant.