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Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities      
Net (loss) income $ (2,575,459) $ 8,216,352 $ (2,771,208)
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Stock based compensation expense 3,656,800
Change in fair value of warrant liabilities (777,266)
Amortization of debt discounts 13,288
Depreciation 40,556 52,852 32,743
Deferred taxes (451) (1,827) (628)
Gain on forgiveness of debt (25,528)
(Increase) decrease in operating assets      
Securities owned 162,579 927,032 (1,107,233)
Derivatives assets 194,110
Receivables from broker-dealers and clearing organizations (6,404,232) 4,723,829 (5,475,634)
Commissions receivable 17,307 68,444 187,226
Other receivables and Prepaids, deposits and other assets (217,497) (187,933) 323,392
Increase (decrease) in operating liabilities      
Payables to customers 1,367,577 (5,697,526) 8,033,193
Payables to broker-dealers and clearing organizations 3,845,740 (8,625)
Commissions payable 9,741 (96,229) (343,000)
Taxes payable (76,276)
Accrued expenses and other payables 767,229 211,926 8,910
Derivative liabilities 5,653 (214,397) 20,287
Net cash provided by (used in) operating activities 105,675 7,976,995 (1,176,853)
Cash Flows from Investing Activities      
Purchases of fixed assets (20,576) (62,586)
Acquisition of Trademarks (5,184) (4,117)
Advance payments for assets acquisition (5,950,000)
Advances to shareholder (6,484,121)
Advances to unrelated parties (19,108,159)
Short term loans receivable (680,350) (1,637,310)
Collection of short term loan 86,020
Net cash used in investing activities (6,549,514) (27,254,283) (62,586)
Cash Flows from Financing Activities      
Dividends paid (385,901)
Cash acquired in the reverse recapitalizaiton 2,476,198
Payments for reverse recapitalization and ordinary shares issuance costs (1,908,591)
Proceeds from August 2020 PIPE, net of costs 2,021,951
Proceeds from Short-term borrowings 21,047,260
Repayment of Short-term borrowings (1,124,448) (382,917)
Repayment of Short-term borrowings from related party (128,415)
Proceeds from issuance of convertible debenture 1,540,000
Subscription payments from shareholder 5,415,082
Advances from director 1,616,565 7,679,131 484,601
Repayments to director (1,467,043) (7,679,131) (484,601)
Net cash provided by financing activities 2,640,316 20,664,343 5,415,082
Effect of Exchange Rate Changes on Cash and Restricted Cash 16,441 85,966 (24,616)
Net Change in Cash and Restricted Cash (3,787,082) 1,473,021 4,151,027
Cash and Restricted Cash - Beginning of Period 8,581,179 7,108,158 2,957,131
Cash and Restricted Cash - End of Period 4,794,097 8,581,179 7,108,158
Noncash Investing and Financing Activities      
Settlement of short-term loans receivable and borrowings 19,120,332
Return of capital through reduction in subscription receivable 3,022,606
Return of capital through reduction in due from shareholder 1,875,406
Dividends made through reduction in due from shareholder 4,608,715
Dividends declared and payable at year-end 385,901
Net liabilities acquired in the reverse recapitalization 57,963
Increase in payables for ordinary shares issuance costs in reverse acquisition 504,084
Decrease in accrued expenses for shares issued to prior D&O 60,000
Convertible debenture debt discounts and issuance costs charged to equity 659,782
Subscription receivable for the shares issued in August 2020 PIPE 508,750
Transfer from other assets to intangible assets 13,277
Supplemental disclosure of cash flow information      
Cash paid for interest 115,160 729,504
Cash paid for income taxes $ 8,227 $ 1,521 $ 180,689