Interesting read for those in the retail FX industry... it does not say anything we did not already know but it is good to get a confirmation...

Francesc

The 2013 Integral Retail Forex Survey
2012 was a tough year for the majority of retail FX brokers, so we asked what they thought would be the biggest opportunities and challenges for them in 2013.
Brokers from around the world responded, and told us which markets they think will be hot in 2013, how new technology is changing the market and whether they think regulation will have a positive or negative impact on their business....