/faq/a-complete-faq-on-vt-markets-standard-stp-account/

    A Complete FAQ on VT Markets Standard STP Account

    April 5, 2024

    VT Markets Standard STP Account FAQ

    What is a VT Markets Standard STP Account?

    A VT Markets Standard STP Account is designed for traders transitioning to live trading. It provides access to institutional-grade spreads, dark liquidity pools, enhanced liquidity, consistent pricing, and fast execution with no commissions. Trades are facilitated through the Equinix Fibre Optic Network, ensuring swift execution for every transaction.


    How does a Standard STP account differ from a RAW ECN account?

    The primary difference lies in the commission and spread structure. The Standard STP account incorporates a spread markup but charges no commission, offering direct access to inter-bank rates plus a spread. In contrast, the RAW ECN account displays raw spreads from liquidity providers and applies a commission of $6 per standard lot round turn. A comparison table on our trading page provides a detailed overview.


    What are typical spreads for the STP Account?

    For the Standard STP Account, spreads start from:

    • EUR/USD: 1.3 pips
    • GBP/USD: 1.8 pips
    • AUD/USD: 1.6 pips
    • USD/JPY: 1.5 pips

    How do lot size and leverage work?

    Forex trading is conducted in standard lot sizes:

    • 1 STANDARD lot equals 100,000 currency units.
    • 1 MINI lot equals 10,000 currency units.
    • 1 MICRO lot equals 1,000 currency units.

    VT Markets’ platform allows trading down to 0.01 of a standard lot. With a leverage of 500:1, you control a larger position than your account balance would ordinarily permit.


    What spreads and charges are applied to VT Markets’ swap-free accounts?

    Swap-free accounts are charged with Standard STP or RAW ECN spreads, along with an administrative (Wakeel) fee for account management. Note: Swap-free accounts with zero admin fees are available in select countries and regions.


    Why might a trade stop out below the specified margin level?

    The margin stop-out level for STP Accounts is 20%. If your account’s margin level falls to this threshold or below, the system will start closing positions, prioritizing those with the highest losses, to bring the margin level above the stop-out level.


    Open Your Standard STP Account with VT Markets

    For any further inquiries or detailed guidance, our support team is ready to assist. Visit vtmarkets.net/faq for a comprehensive FAQ or contact our customer support for more details on our Standard STP Account and other offerings.

    Alternatively, you can proceed to our help centre for more information.