I've been using NAB online trading with the live webiress platform since i started trading fulltime over 2 years ago.
For the first 5 trades each month, i pay $29.95, with the cost dropping to $19.95 for the remainder of the month if the value is below a certain amount per trade (around $27,000 i think). The live platform is free if you trade regularly.
I have a commsec account for medium term holds which is not used regularly.
I opened an igmarkets account a few weeks ago to reduce trading costs via direct market access cfd's.
I use igmarkets for most of my day trades below $15000 in value now as the brokerage is cheaper (starting at $8 for shares with a value of anything below $8000 and 0.1% thereafter).
It is good to have backup platforms when there are problems from time to time with various providers.
NAB was down for around an hour yesterday morning, but my trading was not affected too badly because there were no problems at igmarkets.
Some of the small cap stocks are not available using cfd's at igmarkets.
I do not use my cfd account for leverage, just to reduce brokerage costs. I would not recommend using cfd's unless you have adequate experience at trading shares.
This system works for me at the moment because of the value and volume of trading that i do. Most of my trades are below $20,000 in value. My weekly brokerage costs have reduced by around $300.
I find both NAB and igmarkets user friendly. The webiress platform is good for market depth whereas igmarkets has better charting tools.
