Interactive Brokers for mutual funds/ETFs?

[dc_publius]

I assume IB has a good selection of mutual funds, particluarly ETFs. Is this correct?

I am thinking of signing up with IB even though I don't plan to trade stocks much. I expect less than 5 trades/month, although I may get back into it at some point. I will get hit with $10 monthly fee, but that will be offset by IBs interst rate (4.799% on balances 10,000-99,999 whereas my cash is now at ING 4.35% and checking 3.65%) Is this a good idea or should I go with a diffrent broker?

Since I signed up with my current discount broker they were bought out twice and the fees have been going up and service down. I have not traded in a while and even though IB has been around, the discount brokerage options have changed alot since 2000-2001 when I signed up with my original (current) broker. I need to take a more active role in managing my finances and this is one of the steps I'm taking. Help me out 2+2!