STP Execution speeds and filling

orangebear

Trader
Sep 23, 2013
11
2
14
I've been in the market of stp trading for few years, but I notice that execution speeds and the order fill can be very different for brokers that claim to be STP.

I find execution speeds range from 7ms - 300 ms, after checking, asking brokers for server logs (not many give this) I think the difference is down to technology (server, data centre and bridge). Can anyone with technical logic offer more input?

With filling, I have learn that it depends on the liquidity, and the price ticks available. The more liquidity a broker has available, the more likely is to fill at price you want (or close by). I also notice that most pretend STP brokers only give you negative slippage, but brokers I think are real STP have also positive slippages. Slippage also very clearly more obvious when broker using limited liquidity and espically the server locations.

Overall, I find Yadix and Tickmill most consistent for speed and fill accuracy. What STP brokers you like?
 
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