I'll probably use IB for bluechip stocks, futures, forex and oversea markets.
Main adv
-Cheapest brokerage
-Best marginal loan interest, where can you get 6.25%? It is cheaper than my home loan rate!
Disadv
-No CHESS, affect SPP
-No announcement alerts
-Live asx data cost $50, no rebates like most iress systems.
-Bad market depth, only show 5 even with live data.