I egree with your numbers even there can be some hiden factors . Does the closed darwins figure in the overall number?
More, we can't separate before and after ESMA changes etc.
Despite this, the probleme for me reside elswhere.
Many traders come to darwinex attracted by darwinia.
There are many exemples of traders distributing their signal(s), in other social platforms.
This change make darwinia much less profitable for them.
So even we can imagine that a number of traders are going to bring more money , it's a reality that many others will quit darwinex.
Or these traders , good or bad, are a source of comissions for darwinex.
The question which we will never get an answer is: how much darwinex can afford to lose traders.
Can they survive with a limited number of good traders?
For me darwinia should have never existed.