There are 3 types of Iress accounts are available on FP Markets. So, they are—

  1. 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.
  2. 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.
  3. 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 ECN account might be better. If want to read full article just check out bloew.

Thank you!

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