There are 3 types of Iress accounts are available on FP Markets. So, they are—
- Professional Account - Professional Account’s minimum opening balance is $1,000 the account provides access to competitive DMA commission and margin rates with Their professional trading platform options.
- Platinum Account - Platinum Account’s minimum opening balance is $25,000 the account offers even lower commission and financing rates on their professional trading platform.
- Premier Account - Premier Account’s minimum opening is $50,000. Designed for the professional trader, the account has no platform fees and no minimum brokerage charge.
But as a beginner, I think an ECN account might be better. If want to read the full article just click on the link below.
Thank you!
Also, read the FP Markets review.