For sure they rob your money. They Rob small retail traders and help the big sharks to profit. I lost all my hard earned money. They developed an AI algorithm which tracks the small retail traders finds out their stop loss zone or their preset to hit the stop loss. The moment you get stopped out, you can see level At level 2 and Tape the price will fly. My expensive lesson learned: don’t get attracted by low commissions. This people are really high tech robbers.

1- They move the market against you for an unknown spread. 2- Quotes are always delayed even if you subscribe to real-time market data. If you complain, they tell you bla. bla. bla. Instrument price is always 15 to 20 cents higher or lower than market price so they can move the spread against you. 3- Wherever your stop is placed, they go get it then the price goes back to the real market price. 4- They will charge accrued interests on forex trades for positions you have closed already. 5- The high and low of day / hr is always different from market by 15 or 20 cents. 6- Their Mosaic trading platform glitches and freeze. 7- Extremely poor customer service. Their representatives are well trained to give you no clear answer and put your call on hold for as long as you hang up. Overall they will rob you out. You'll never make money with interactive brokers.

I was very much interested in opening accounts at IB until I had contact with Mike Brady from the sales department in Chicago. He was a little “short” with me, and so I decided against it based purely on that interaction.

I recently opened an IB account in addition to my existing TD Ameritrade Account for a side by side comparison. My conclusion corroborates what others are saying here: IB is either trading against you OR, allowing one of their large clients to. There seems to be either a delay in the data or a total disconnect with the time and sales data emanating from IB that is always to the DISadvantage to my account. Conclusion: Avoid

You lose a lot of money with your trading account with these guys. If you become just a wee bit deficient in your margin, they immediately liquidate every trade position in your account at market orders. Also at times on weekends, your account may retrieve nothing or missing pieces of info on your account. You may even receive incorrect password even while giving your correct password and you simply can't log in to view your account or place orders. Then later, all in 'well again' with your account. Also at times pre entered orders just disappear from your account even with 'GTC' selected. And lastly you can become disconnected at any time online, even after just a minute or so. Try entering a trade then!