Hi, this is my first post, but I've been lurking for quite some time. Thanks for sharing your collective wisdom On to the topic. I got a message from IB: " Dear IB Customer: Interactive Brokers LLC (âIBâ) has recently been approved by the National Futures Association (âNFAâ) as a Forex Dealer Member (âFDMâ). As an FDM, pursuant to NFA rule 2-36(l), IB is required to provide you with the following risk disclosure regarding your foreign exchange transactions executed through IB. " And from the risk disclosure sheet: "WHEN YOU SELL, THE DEALER IS THE BUYER. WHEN YOU BUY, THE DEALER IS THE SELLER. As a result, when you lose money trading, your dealer is making money on such trades, in addition to any fees, commissions, or spreads the dealer may charge." I am not a FOREX trader, but it gave me good feeling that IB was just routing the orders to a third party. It seems these days are gone. Is any of you FOREX traders concerned about stuff like stop fishing?