I think it depends on your photographic experience. Sure iStock and Shutterstock are the two biggest and best, but if you don't have much of an idea about the Microstock market they'll make you jump through hoops to get accepted.
That said it's an idea to get started with Shutterstock ASAP because you have to wait 30 days between each application if you don't get 7 out of 10 through first time.
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