Stepping into the World of Online Trading with STP Trading
Welcome to a journey through the intricate landscape of online financial trading. As you consider participating in global markets, understanding the entity facilitating your trades is paramount. Today, we turn our attention to STP Trading, a name you might encounter as you explore potential brokers. Think of us as your guide, helping you peel back the layers to understand precisely what STP Trading offers and how it positions itself within the competitive brokerage industry. We’ll delve into its operational model, the technology it employs, and the crucial regulatory aspects that should factor into your decision-making process.
Online trading, particularly in leveraged products like Forex and CFDs, opens up vast opportunities but also carries significant risks. Whether you are a newcomer taking your first steps or an experienced trader looking to optimize your strategy, a deep understanding of your broker’s structure, services, and underlying principles is essential. We aim to provide you with the knowledge to evaluate STP Trading through the lens of experience, expertise, authority, and trustworthiness – the cornerstones of making informed financial decisions.
Our goal is not just to list features but to explain their significance. Why does the broker model matter? What does “ultra-fast execution” truly imply for your trades? How does regulation impact the safety of your funds? By breaking down these concepts, we hope to empower you with the clarity needed to navigate the complexities of the market with greater confidence. Let’s begin our exploration of STP Trading.
When you interact with an online broker, you are dealing with a legal entity (or entities) registered and operating under specific jurisdictions. In the case of STP Trading, the situation involves several components, which is not uncommon in the global financial services industry. The trading name “STP Trading” is used by multiple registered companies: STP Trading Ltd and STP Global Ltd. Furthermore, the website through which you likely access their services is operated by STP Securities Ltd.
Think of this structure like a complex network. Each entity might have a specific role – perhaps one handles client registration in a particular region, another manages the trading platform, and a third holds the necessary licenses. Understanding which entity you are contracting with is vital, as it dictates the legal framework and regulatory body governing your relationship and protecting your interests.
STP Trading Ltd, for instance, is registered in Saint Lucia under Registration Number 2023-00081. Registration in an offshore jurisdiction like Saint Lucia is a practice seen across the industry, often used for corporate structuring or accessing specific markets. However, registration alone does not necessarily imply robust regulatory oversight concerning client fund segregation or operational conduct in the same way that licenses from tier-1 regulators might.
It’s crucial to distinguish between registration and regulation. While registration establishes a legal presence, regulation involves adherence to specific financial conduct rules enforced by a governing authority. This distinction leads us to the next important piece of the puzzle: where and how STP Trading holds licenses that provide regulatory assurance.
Regulation is the bedrock of trust in the financial industry. It’s the set of rules designed to protect clients, ensure fair market practices, and maintain financial stability. For STP Trading, regulatory authorization comes from the Comoros Mwali International Service Authority (M.I.S.A.). STP Global LTD is authorized and regulated by M.I.S.A. under License Number T2023280.
What does regulation by M.I.S.A. in Comoros signify? Regulatory bodies worldwide have different standards and levels of oversight. Regulators are often categorized into tiers based on the stringency of their rules, enforcement capabilities, and the level of protection they offer to traders (e.g., mandatory segregated accounts, compensation schemes, strict reporting requirements). M.I.S.A., while a recognized international financial services regulator, is typically considered an offshore authority compared to top-tier regulators like the UK’s FCA, Australia’s ASIC, or the EU’s CySEC.
Being regulated by M.I.S.A. means STP Global LTD must adhere to the framework set forth by this authority. This framework is intended to provide a level of oversight and structure to the broker’s operations. For you, the trader, regulation offers a degree of assurance that the broker is operating within a defined legal and compliance structure, potentially including requirements for financial reporting and internal controls.
However, it is vital to research and understand the specifics of the M.I.S.A. regulatory framework, including its rules on client fund segregation, dispute resolution mechanisms, and any investor compensation schemes, especially compared to those offered by brokers regulated in major financial hubs. While any regulation is generally better than none, the strength and scope of that regulation are crucial factors in assessing a broker’s trustworthiness and the safety of your deposited funds. Always review the regulator’s official website and verify the broker’s license details directly with the authority.
One of the fundamental ways brokers operate is determined by whether they use a “Dealing Desk” or are “No Dealing Desk” (NDD). STP Trading states that it operates as an NDD broker. Understanding this model is key to understanding how your orders are executed and how the broker generates revenue.
A Dealing Desk broker typically acts as a market maker. They can take the opposite side of your trade internally or offset it with other client trades. This model can, in some cases, lead to potential conflicts of interest, as the broker’s profit might come from clients’ losses.
An NDD broker, on the other hand, aims to send your orders directly to the interbank market or to a pool of liquidity providers (such as large banks and financial institutions). STP Trading positions itself as an intermediary, connecting you directly to these external sources of liquidity. Think of it like bypassing a middleman who might quote you slightly different prices and instead going straight to the source where major players trade.
The primary advantage cited for the NDD model is transparency and speed. By accessing aggregated prices from multiple liquidity providers, NDD brokers can potentially offer tighter spreads and faster execution. There’s no internal “dealing desk” to delay or potentially re-quote your orders. STP Trading emphasizes this direct connection to bank liquidity.
So, if an NDD broker isn’t potentially profiting from client losses like a Dealing Desk broker might, how do they make money? The NDD model typically generates revenue in two primary ways: either by charging a small commission on each trade or by adding a small, often minimal, markup to the raw spread received from their liquidity providers. STP Trading explicitly states its revenue model involves **transaction commissions**, implying they connect you to raw spreads and charge a fee per trade, or a combination depending on the account type. This commission-based model aligns with the NDD concept, where the broker’s profit is tied to trading volume, incentivizing them to facilitate active trading.
In the fast-paced world of online trading, milliseconds matter. The difference between your intended execution price and the actual price can significantly impact your profitability, especially in volatile markets or when employing strategies like scalping or high-frequency trading. STP Trading places a strong emphasis on its execution capabilities, which are directly linked to its NDD model and underlying technology.
The broker highlights ultra-fast execution speeds, claiming times of >10ms (meaning faster than 10 milliseconds). To put that into perspective, the blink of an eye takes about 300-400 milliseconds. So, 10 milliseconds is incredibly fast – a fraction of the time it takes your nervous system to react. This speed is crucial because prices in financial markets are constantly fluctuating. The quicker your order reaches the liquidity provider and gets filled, the less likely you are to experience unwanted price changes before execution.
Achieving such speed requires robust infrastructure. STP Trading mentions partnerships with top-tier liquidity providers. These are major financial institutions that buy and sell vast quantities of currency and other assets, providing the necessary depth and competitive pricing for large volumes. Connecting efficiently to these providers is paramount for an NDD broker.
Furthermore, the broker utilizes advanced financial technologies and strategically located data centers in key global financial hubs: NY4 and TY3. NY4 is a major data center in New York, serving as a critical hub for North American financial markets. TY3 is a similar significant data center in Tokyo, catering to Asian markets. By placing their servers or connecting through servers located within or very close to these data centers, brokers can minimize the physical distance and thus the latency (delay) between their systems, the liquidity providers, and potentially even other traders using co-located services.
This investment in infrastructure is designed to ensure minimum slippage, particularly during periods of high volatility, such as major news announcements (e.g., NFP reports, central bank decisions). Slippage occurs when your order is executed at a different price than you requested. While some slippage is unavoidable in fast markets, especially with market orders, a broker with excellent infrastructure and liquidity aims to minimize this difference. For traders relying on precise entry and exit points, this technical capability can be a significant factor in choosing a broker.
| Aspect | Details |
|---|---|
| Execution Speed | Claims of execution within >10 milliseconds |
| Liquidity Providers | Connects to top-tier financial institutions |
| Data Centers | NY4 and TY3 located in major financial hubs |
The cost of trading is a critical component of your overall profitability. These costs primarily come in the form of spreads and commissions. STP Trading outlines competitive trading conditions designed to appeal to active traders.
The spread is the difference between the buy (ask) price and the sell (bid) price of a financial instrument. It’s essentially the cost of immediate execution. Tighter spreads mean lower transaction costs per trade. STP Trading advertises tight spreads and even claims 0 spreads on EURUSD, one of the most heavily traded currency pairs globally. Offering zero or near-zero spreads is typically characteristic of NDD brokers who charge a separate commission, as the ‘spread’ profit goes to the liquidity provider, and the broker makes money from the volume-based fee.
As mentioned, STP Trading’s revenue model from its NDD operations is based on transaction commissions. This means that in addition to the spread (which might be raw and very low or zero), you will pay a defined fee per standard lot traded. This model is preferred by many active traders and scalpers because raw spreads can be significantly lower than the marked-up spreads offered by Dealing Desk brokers, and the commission structure provides cost transparency.
Beyond spreads and commissions, other costs can include funding fees (also known as swap or rollover fees) for holding positions overnight. STP Trading advertises 0% Funding Fees. This is an interesting claim, as overnight positions typically incur a cost based on the interest rate differential between the two currencies in a pair (or similar calculations for other assets). A 0% funding fee could be a promotional feature or potentially limited to specific account types or instruments. Traders should verify this detail and understand its application, especially if they plan to hold positions for more than a day.
Another crucial condition is leverage. STP Trading offers a Maximum Leverage of 1:200. Leverage is a powerful tool that allows you to control a large position with a relatively small amount of capital (your margin). With 1:200 leverage, a $1,000 deposit could control a $200,000 position. Leverage can significantly amplify profits, but it equally amplifies losses. This is why leverage is intrinsically linked to high risk. We will discuss this further in the risk management section.
Finally, STP Trading supports 0.01 Micro Lot Trading. A standard lot is 100,000 units of the base currency. A micro lot is 1,000 units (0.01 of a standard lot). Trading in micro lots is ideal for beginner traders or those with smaller capital, as it allows for much smaller position sizes, which is crucial for managing risk effectively. Starting with micro lots allows you to learn and test strategies without exposing a large portion of your capital to market fluctuations.
| Account Type | Description |
|---|---|
| STP ECN Account | Direct access to interbank market raw spreads, with commissions based on trade volume. |
| STP Zero Account | Near-zero spreads on specific instruments, broker revenue from commissions. |
| STP Standard Account | Most common account type with built-in spread costs and no separate commissions. |
Beyond the core trading conditions, brokers often provide additional services and features designed to attract and support traders. STP Trading offers a suite of such enhancements aimed at various needs.
For those new to the platform, Welcome Bonuses are sometimes offered. These can provide initial trading capital or other incentives, but it’s important to read the terms and conditions carefully, as they often come with trading volume requirements or withdrawal restrictions.
Efficiency in managing funds is a key concern for traders. STP Trading highlights Instant Deposit/Withdrawal processing via an online gateway. While the speed of withdrawal can sometimes depend on the method used (e.g., bank transfers typically take longer), instant processing on the broker’s end is a significant convenience, allowing quicker access to funds when needed.
Specific risk management features like Negative Margin Hedging are mentioned. This could refer to tools or account settings that help manage margin calls or hedge against adverse price movements, although the exact mechanism would require further detail from the broker. A more standard and widely appreciated safeguard is Negative Balance Protection. This feature ensures that a trader cannot lose more than their deposited capital. If market movements cause the account balance to drop below zero, the broker absorbs the loss, resetting the balance to zero. This is a crucial protection, especially when trading with high leverage in volatile markets.
For traders seeking guidance, STP Trading provides access to Trading Signals, claiming over 50 signals per day. Trading signals are suggestions for entering or exiting trades based on technical analysis or other market indicators. While they can be helpful starting points, relying solely on signals without independent analysis is risky. They can be a tool, but not a substitute for developing your own trading skills.
Finally, having dedicated support can make a significant difference. STP Trading offers access to dedicated Account Managers and 24/7 Support through channels like Telegram, WhatsApp, and Online Chat. Responsive support is vital for resolving technical issues, answering questions about accounts, or navigating deposit/withdrawal procedures promptly.
The diversity of tradable instruments offered by a broker determines the range of strategies and markets you can access. A broader selection allows you to diversify your trading activities and potentially find opportunities across different asset classes. STP Trading provides access to a variety of global markets.
Their offering includes the core market of Forex, covering both Majors (like EUR/USD, GBP/USD, USD/JPY) and Crosses (currency pairs that do not include the USD, like EUR/GBP, AUD/JPY). The Forex market is known for its high liquidity and volatility, making it popular among day traders and scalpers.
Beyond currencies, you can trade Metals (such as Gold and Silver) and Commodities (like Oil or agricultural products). These assets often react to different economic and geopolitical factors than currencies, offering diversification opportunities.
Indices, which represent the performance of a group of stocks (like the S&P 500 or the German DAX), are also available. Trading indices allows you to speculate on the overall health or direction of a specific stock market or sector.
In recent years, Cryptos (Cryptocurrencies) have become a significant part of the trading landscape. STP Trading includes popular cryptocurrencies like Bitcoin, Ether, and Tether among its tradable instruments. Trading cryptos via CFDs (Contracts for Difference) allows you to speculate on their price movements without owning the underlying asset, often with leverage, which again, significantly increases risk.
Collectively, STP Trading claims to offer over 1000+ trading instruments. This breadth allows traders to employ a variety of strategies and react to different global economic events and trends. Whether your focus is currency pairs, commodities, or the dynamic crypto market, you can likely find instruments that align with your trading interests and analysis.
If you’re considering platforms based on the sheer variety of tradable assets, it’s worth noting that options abound. If you’re exploring brokers specifically for their range of CFD products across various markets, you might consider other platforms that are well-established in this space. For instance, if you’re looking to diversify across forex, indices, commodities, and cryptocurrencies, comparing the offerings from different brokers is a prudent step.
If you’re considering beginning your journey in forex trading or exploring a wider variety of CFD instruments, Moneta Markets is a platform worth looking into. Hailing from Australia, it offers over 1000 financial instruments, catering to both novice and professional traders alike.
Brokers often provide different account types to cater to the diverse needs and preferences of traders, ranging from beginners to seasoned professionals with specific trading styles. STP Trading offers a selection of account types, each presumably designed with distinct features regarding pricing structure, minimum deposit, and included services.
The available account types are: STP ECN, STP Zero, STP Standard, and STP Islamic.
- STP ECN Account: ECN stands for Electronic Communication Network. An ECN account typically offers direct access to the interbank market’s raw spreads from multiple liquidity providers. The broker’s compensation usually comes solely from a commission charged per trade volume. This account type is often favored by scalpers and high-volume traders who prioritize the tightest possible spreads and fast execution. It aligns strongly with the NDD model’s promise of direct market access.
- STP Zero Account: A “Zero” account often implies zero or near-zero spreads on specific instruments (like the claimed 0 spread on EURUSD). Like the ECN account, the broker’s revenue is likely generated through a commission structure. This account type is also appealing to cost-sensitive traders, especially those focusing on major currency pairs where the zero spread might apply.
- STP Standard Account: A Standard account is often the most common type, suitable for a broader range of traders. This account type might have slightly wider spreads compared to ECN or Zero accounts, but typically does not charge a separate commission per trade; the cost is built into the spread. This can simplify cost calculation for beginners or those trading lower volumes.
- STP Islamic Account: An Islamic account, also known as a swap-free account, is designed for Muslim traders who adhere to Sharia law, which prohibits paying or receiving interest (swap). This account type removes the overnight funding fees (swaps) but may have other adjustments to compensate, such as slightly wider spreads or administrative fees if positions are held for extended periods. STP Trading advertising 0% Funding Fees generally might simplify this, but a dedicated Islamic account usually ensures compliance with specific Sharia principles beyond just swaps.
Choosing the right account type depends on your trading strategy, volume, capital, and religious considerations. Understanding the cost structure (spreads vs. commissions) and minimum requirements for each is crucial before opening an account.
The trading platform is your primary interface with the market and your broker. It’s where you analyze charts, place orders, and manage your positions. The quality, features, and reliability of the platform significantly impact your trading experience. STP Trading offers the widely popular MetaTrader 5 (MT5) platform.
MT5 is developed by MetaQuotes Software and is one of the most recognized and powerful trading platforms available globally. It’s an upgrade from its predecessor, MT4, offering enhanced features and capabilities. While MT4 was primarily focused on Forex trading, MT5 was designed as a multi-asset platform, allowing trading of Forex, Stocks, Indices, Commodities, Futures, and Cryptocurrencies – aligning perfectly with STP Trading’s diverse instrument offering.
Key features of MT5 include advanced charting tools, multiple timeframes, a wide range of technical indicators, and graphical objects for technical analysis. It also supports algorithmic trading through Expert Advisors (EAs) using the MQL5 programming language, back-testing capabilities for EAs, and a built-in economic calendar.
Crucially for accessibility, MT5 is available across various devices:
- Desktop: A downloadable application for Windows and macOS, offering the full suite of tools and performance.
- Web: A web-based version accessible directly through a browser, requiring no installation and allowing trading from any computer with internet access.
- Mobile: Dedicated mobile applications for iOS and Android devices, enabling you to monitor markets, manage trades, and conduct basic analysis on the go.
Providing MT5 is a standard yet strong offering, as it is familiar to a vast number of traders worldwide and offers robust functionality for both manual and automated trading strategies. The availability across Desktop, Web, and Mobile ensures flexibility in how and where you access your trading account.
When selecting a broker, the trading platform they provide is a key decision factor. Different traders prefer different interfaces and functionalities. While MT5 is a leading platform, exploring options that offer a choice of platforms can also be beneficial depending on your familiarity and specific needs.
In choosing your trading platform, the flexibility and technological advantages offered by Moneta Markets are worth mentioning. It supports popular platforms like MT4, MT5, and Pro Trader, combining high-speed execution with low spread settings to provide a solid trading experience.
Getting funds into and out of your trading account efficiently and securely is a fundamental requirement. A broker should offer a variety of convenient methods for deposits and withdrawals. STP Trading aims for speed and convenience in this area.
They support several popular methods, catering to both traditional and modern payment preferences:
- Crypto: Accepting cryptocurrencies like Bitcoin, Ether, and Tether allows traders to deposit and withdraw using digital assets. Crypto transactions can often be faster and potentially offer lower fees compared to traditional banking methods, depending on network conditions.
- Credit/Debit Cards: Standard options like Mastercard and Visa are widely used and convenient for quick deposits. Withdrawals back to cards can sometimes be subject to limitations based on the deposit amount.
- Perfect Money: This is an online payment system that provides instant transactions and is used by many online financial services.
- Bank Transfer: A traditional method involving direct transfers between bank accounts. While generally very secure, bank transfers can sometimes take longer to process compared to other methods, especially international transfers.
A key feature STP Trading emphasizes is that deposits and withdrawals are processed instantly via an online gateway. This means that once you initiate the transaction through their system, the processing on the broker’s side is immediate, allowing funds to be available in your trading account or sent out quickly (though the final speed depends on the payment provider and bank processing times).
Minimum deposit amounts and potential fees associated with each method should always be checked in the broker’s terms and conditions or on their website. Understanding the withdrawal process, including verification requirements and typical processing times for each method, is also essential before you need to access your funds.
The availability of instant processing via an online gateway is a positive point for accessibility and convenience, reflecting an investment in client-facing financial technology.
Now, let’s address perhaps the most critical topic in online trading, especially when using leverage: Risk. STP Trading, like all responsible brokers, provides a prominent Risk Warning. This isn’t just a legal formality; it’s a stark reminder of the inherent dangers involved.
Trading financial products on margin, particularly with significant leverage (like the 1:200 offered), is classified as high risk. Leverage is a double-edged sword. While it allows you to potentially generate substantial profits from relatively small market movements by controlling a large position, it also means that adverse movements are amplified just as much. With 1:200 leverage, a mere 0.5% unfavorable price change on your controlled position can wipe out your entire initial margin (account equity). The Risk Warning explicitly states that losses can exceed the initial investment. This is possible because in extremely volatile market conditions, prices can gap or move so rapidly that your account equity falls below zero before margin calls or stop-loss orders can be effectively executed.
Understanding this risk is non-negotiable. You must be prepared to lose the entirety of your invested capital, and potentially even more, depending on the jurisdiction and specific account terms. It’s crucial to not trade with money you cannot afford to lose.
Risk management isn’t just about warnings; it’s also about implementing tools and strategies. STP Trading offers Negative Balance Protection. This is a vital safeguard that prevents your account balance from going below zero. If your losses exceed your account equity, the broker absorbs the difference, ensuring you don’t end up owing money to the broker. This feature is a significant protection against the risk of losing more than your deposit, though it doesn’t protect you from losing your *entire* deposit.
| Risk Management Strategy | Description |
|---|---|
| Position Sizing | Never risk a large percentage of your capital on a single trade. |
| Stop-Loss Orders | Automatically close a position if the market moves against you past a certain price point. |
| Understanding Margin | Be aware of your used and free margin to avoid unwanted margin calls. |
Beyond broker-provided features, effective risk management relies heavily on your actions. Continuously learning about the markets, trading strategies, and risk management techniques is paramount. STP Trading offers educational resources covering topics like Fundamental Analysis, Margin, Trading Strategies, and Day Trading. Utilizing these resources is a critical step in becoming a more informed and risk-aware trader.
Trading leveraged financial products is suitable only for those who fully comprehend the associated risks and have the financial capacity to absorb potential losses. Always consult the detailed Risk Disclosure Notice provided by STP Trading for a complete understanding of these risks.
When seeking a foreign exchange broker, confirming their regulatory status and the protective measures they implement is fundamental to safeguarding your capital. For example, if you are seeking a broker regulated in multiple jurisdictions that also provides safeguards like segregated funds or Negative Balance Protection, comparing the offerings of various reputable brokers is a prudent step.
If you are seeking a forex broker that offers regulatory assurance and global trading capabilities, Moneta Markets holds multi-country regulatory certifications like those from the FSCA, ASIC, and FSA. They also provide comprehensive support including segregated funds, free VPS, and 24/7 Chinese-speaking customer service, making them a preferred choice for many traders.
A broker committed to its clients’ success understands the importance of education. The financial markets are complex, and continuous learning is essential for developing effective trading skills and navigating risk. STP Trading indicates that it provides educational content to support its traders.
While specific details of their educational library would need to be explored on their platform, the areas they cover are fundamental to trading knowledge:
- Fundamental Analysis: Learning how economic indicators, news events, and political developments can impact market prices.
- Spreads and Commissions: Gaining a deeper understanding of the costs of trading and how they are applied in different account types.
- Trading Strategies: Exploring various approaches to market analysis and trade execution, such as the mentioned 5-3-1 Rule (which would require specific explanation within their materials) or general strategies like trend following, range trading, etc.
- Margin: Understanding how leverage and margin work, how margin requirements are calculated, and how to manage margin levels effectively to avoid margin calls.
- Day Trading: Learning the specifics of strategies and techniques suitable for opening and closing positions within the same trading day.
Access to quality educational materials is invaluable, particularly for beginner traders. It helps build a foundational understanding of market mechanics, analysis methods, and risk control. Even experienced traders can benefit from refining their knowledge or exploring new concepts.
Utilizing the educational resources provided by your broker, in conjunction with other reputable sources, is a proactive step towards improving your trading proficiency and making more informed decisions.
We have taken a comprehensive look at STP Trading, exploring its operational structure, regulatory context, broker model, trading conditions, technological infrastructure, account options, and risk management features. STP Trading positions itself as an NDD broker focused on providing direct market access with potentially competitive spreads and execution speeds, leveraging technology like MT5 and data centers in key locations.
Their offering includes a diverse range of tradable instruments, multiple account types catering to different needs, and practical features like instant transaction processing and Negative Balance Protection. The emphasis on speed, low costs (commissions/tight spreads), and access to global markets via a popular platform like MT5 are key aspects designed to appeal to active traders.
However, it is paramount to weigh these features against the essential considerations of regulation and risk. STP Trading is regulated by M.I.S.A. in Comoros and registered in Saint Lucia. While regulation provides a framework, traders should conduct their own due diligence on the strength and scope of this oversight compared to regulators in major financial jurisdictions. More importantly, the high risk inherent in leveraged trading, prominently highlighted by the broker’s Risk Warning, cannot be overstated. The potential for losses, which can exceed your initial deposit, is a reality that requires careful consideration, robust risk management practices, and a thorough understanding of how leverage functions.
Ultimately, choosing a broker is a personal decision based on your trading goals, risk tolerance, and specific needs. We encourage you to use the information presented here as a foundation for your own research. Explore STP Trading’s website, review their detailed terms and conditions and Risk Disclosure Notice, perhaps test their platform with a demo account, and compare their offering against other brokers in the market. By combining knowledge of their structure and features with a deep understanding of market risks, you can make a more informed decision about whether STP Trading aligns with your trading journey.
stp tradingFAQ
Q：What is STP Trading?
A：STP Trading is a brokerage firm that operates as a No Dealing Desk (NDD) broker, offering direct market access to traders.
Q：What types of accounts does STP Trading offer?
A：STP Trading offers several account types including STP ECN, STP Zero, STP Standard, and STP Islamic.
Q：What is the maximum leverage offered by STP Trading?
A：STP Trading offers a maximum leverage of 1:200.