Hi dreamcatcher1, almost all brokers including Commsec waive the Iress data and software fee if you trade frequently. With minc you need to buy and sell 8 stocks per month (16 contracts). It is also worth getting an ML account even if you dont like holding stock on borrowed money. If you buy and sell a stock on margin (ie with borrowed money) in the same day you pay no interest. TraderDealer and Amscot are similar to minc.