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| STP (our primary model) | Market maker (B-book) | |
|---|---|---|
| Where the risk goes | Passed to liquidity providers after execution | Kept on the broker's own book |
| How the broker earns | Spreads, and commission on Zero | Can include client losses |
| Execution | Automatic, at our quoted price, before any risk decision | Depends on the broker's own policy |
| Profitable traders | Execution does not vary by profitability | May be handled differently |
Our execution commitments apply to every order. The Order Execution Policy sets out in full how orders are handled. Read the Order Execution Policy
Execution is automatic; no person intervenes in your order. Typical execution of 25–50 ms, never guaranteed.
You are not asked to accept a new price because the market moved. We do not filter by client or by profitability.
Your order executes at the next price available to us, better or worse. We do not withhold price improvement.
Ask us about any order. We can review the order and execution record for your account and explain the outcome.
Building the right trading environment in the age of algorithmic and AI trading.
Different traders, different trading environments.
STP as an environment, not a feature.
Execution, infrastructure and what matters to algo traders.
Healthy algorithmic trading vs structural abuse.
Rethinking broker risk and revenue in the age of AI trading.
Straight-through processing. At GCC Brokers it describes how we manage risk: our primary model is to pass the risk arising from client trading to our liquidity providers. Execution itself is a separate process: your order is executed automatically at our quoted price.
In an A-book model the broker passes client risk to liquidity providers. In a B-book model the broker keeps the risk, so a client's loss is the broker's gain. Our primary model is STP: client trades are hedged with our liquidity providers.
Not by itself. Our spreads are floating: we build our quote from pricing across a range of liquidity sources, and spreads widen around news, at market open and close, and in thin liquidity. Typical spreads for each account are on the Accounts page.
Yes. Expert Advisors and algorithmic strategies are welcome, within the fair-use terms of our Client Agreement. Execution is automatic, so no person approves or delays the orders your EA sends.
From the spread, and from commission on the Zero account. Because our primary model is to hedge, our revenue is designed to depend on how much our clients trade.
Order execution typically completes within 25 to 50 milliseconds. That is a typical range, not a guarantee: volatility, news, thin liquidity and your own connection can make it take longer.