FXTM is a Cyprus based online Forex and CFD broker which strives to offer STP Forex trading environment.

STP stands for Straight Through Processing and it simply means that all clients’ orders are sent to the Forex markets without any interference.

It is a great advantage for traders as they can confirm that they are trading on the fairest trading environment and they do not need to worry whether they are making losses because of their broker’s activity or not.

But how do you make sure if FXTM is really providing a STP trading environment.

There are some points that may proves that the broker is truly a STP broker.

FXTM Official Website

Trading restrictions on its platform

FXTM does not restrict any kinds of trading activities on its trading platform, and that is because they do not need to.

No counter-ordering to its clients, but FXTM makes profits only when traders pay the “spread fees”.

No-Requotes or Position Cancellations

FXTM guarantees that there is no “Re-quotes”, “Order Rejections” or “Position Cancellations” on its trading platform.

With FXTM, you will see the real price quotes provided by its liquidity providers and the execution quality/results depend on these liquidity providers but not FXTM.

Higher Trading Costs

Unlike the brokers which counter-order clients’ trades and make profits when the clients lose, STP brokers must make profits by charging its clients as “Spread” or “Trading Commissions”.

Otherwise the broker will have nowhere to make profits.

As a result, STP brokers tend to charge higher commissions comparing to other types of brokers.

FXTM’s minimum trading costs is around 1.2 pips(including all extra commissions), which is a bit higher than other types of brokers.

You can find more information of FXTM from in the Official Website.