Account Types
FP Markets offer a range of account types, tailored for your specific needs. All accounts can be opened online in minutes. The table below will help you decide which account is best suited for you.
| Preparation | Professional | Platinum | Premier | |
|---|---|---|---|---|
| Minimum Opening Balance | $1,000 | $5,000 | $25,000 | $50,000 |
| Brokerage Rate | $1 min and 0.1% for first eight weeks. Standard rate of 0.1% with $10 minimum applies thereafter | $10 min, then 0.1% | $9 min, then 0.09% | No min, then 0.08% |
| Interest | RBA plus/- 3% | RBA plus/- 3% | RBA plus/- 2.5% | RBA plus/- 2% |
| Platform | webIRESS | webIRESS | webIRESS | Premier webIRESS |
| Platform Standard Fee | Eight weeks free access then $55. | $55 inc. GST | $55 inc. GST | Platform fee is waived. |
| ASX Live Data Standard fee |
$38.50 ASX fee is waived if you place more than 10 trades per month. |
$38.50 ASX fee is waived if you place more than 10 trades per month. |
$38.50 ASX fee is waived if you place more than 10 trades per month. |
ASX Royalty fee is waived. |
| Telephone Trades | No additional charge | No additional charge | No additional charge | No additional charge |
| Education and Support |
Yes – includes a FREE Trading Intelligence – eight module educational program. |
Yes | Yes | Yes – plus dedicated account manager |
| Account Description | This account is designed for new CFD traders. It provides education and support and the option of lower leverage levels to limit your risk while you learn to trade CFDs. | Our professional account provides access to competitive DMA commission and margin rates on our professional trading platform. | The platinum account offers even lower commission and financing rates on our professional trading platform. | For the professional trader we offer no platform fees and no minimum brokerage charge. You will also receive competitive returns paid on cash balances held in the account, based on the RBA interest rate. |
Ready to trade CFDs?
If you require more information about our account types, please don't hesitate to contact a FP Markets representative on 1300 376 233 or Email Us.