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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of operating segments

		Futures and securities brokerage services				Insurance brokerage services				Market making (CFD) trading and other				Other				Total
Year ended December 31, 2020
Revenue		$	2,029,669			$	959,299			$	7,034,447			$	206,720			$	10,230,135
Commissions and fees			1,316,800				413,351				115,843				—				1,845,994
Compensation and benefits			1,110,192				256,529				—				2,436,072				3,802,793
Occupancy			—				277,414				6,600				399,146				683,160
Communication and technology			455,323				5,160				643,630				349,937				1,454,050
General and administrative			55,028				48,210				243,172				1,917,908				2,264,318
Professional fees			26,690				16,813				278,719				1,243,612				1,565,834
Service fees			—				—				314,342				519,522				833,864
Interest			—				—				52,240				130,917				183,157
Depreciation			13,000				4,128				—				23,428				40,556
Marketing			222				222				166,013				484,867				651,324
Payment service charge			—				—				245,030				—				245,030
Other operating expenses			—				—				—				11,464				11,464
			2,977,255				1,021,827				2,065,589				7,516,873				13,581,544
Income (loss) from operations		$	(947,586	)		$	(62,528	)		$	4,968,858			$	(7,310,153	)		$	(3,351,409	)
Total segment assets		$	4,624,325			$	213,495			$	14,636,139			$	3,432,110			$	22,906,069

		Futures and securities brokerage services				Insurance brokerage services				Market making (CFD) trading and other				Other				Total
Year ended December 31, 2019
Revenue		$	2,215,867			$	2,648,141			$	12,843,574			$	819,268			$	18,526,850
Commissions and fees			1,526,852				1,506,223				322,130				—				3,355,205
Compensation and benefits			1,154,378				334,964				—				941,294				2,430,636
Occupancy			202,467				198,637				1,200				189,632				591,936
Depreciation			26,845				4,087				—				21,920				52,852
Interest			—				—				—				731,812				731,812
Communication and technology			469,818				7,269				343,556				2,790				823,433
General and administrative			72,403				69,765				140,598				409,882				692,648
Professional fees			7,369				702				118,929				634,238				761,238
Marketing			2,608				—				51,714				1,056				55,378
Service fees			—				—				119,711				265,129				384,840
Payment service charge			—				—				355,585				—				355,585
Other operating expenses			5,739				—				—				4,724				10,463
			3,468,479				2,121,647				1,453,423				3,202,477				10,246,026
Income (loss) from operations		$	(1,252,612	)		$	526,494			$	11,390,151			$	(2,383,209	)		$	8,280,824
Total segment assets		$	4,823,056			$	352,377			$	5,307,525			$	2,935,390			$	13,418,348
Year ended December 31, 2018
Revenue		$	2,066,354			$	5,378,679			$	—			$	(876,770	)		$	6,568,263
Commissions and fees			1,293,577				4,157,668				—				20,357				5,471,602
Compensation and benefits			882,887				363,523				—				392,878				1,639,288
Occupancy			420,732				1,021				—				126,578				548,331
Depreciation			26,487				4,086				—				2,170				32,743
Interest			-				-				—				118				118
Communication and technology			505,152				4,596				—				78,605				588,353
General and administrative			85,208				93,880				—				360,685				539,773
Professional fees			21,081				28,710				—				178,207				227,998
Marketing			8,736				185,019				—				2,178				195,933
Service fees			—				—				—				53,592				53,592
Other operating expenses			3,063				1,359				—				10,984				15,406
			3,246,923				4,839,862				—				1,226,352				9,313,137
Income (loss) from operations		$	(1,180,569	)		$	538,817			$	—			$	(2,103,122	)		$	(2,744,874	)
Total segment assets		$	12,243,072			$	370,114			$	—			$	3,059,575			$	15,672,761

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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