DislikedReally? You think it's the $20M net cap that made them jump ship? They were making it fine though before they decided to go institutional and I hardly doubt that they would have trouble making that requirement every year. They offered good and, like you said, reputable service. I was thinking it was a profitability issue. They just wanted to make more money and they were't happy with the amount that they were making with us retail traders.Ignored
The money in retail can be quite good, and they were executing fine (lower rates than MBT). Hard to say if it was a lack of profitability concern. Perhaps FXCM simply gave them a really sweetheart deal looking to bulk up total clients pre-IPO (they took on all of ATC's clients in the process).