Covering the Russian forex industry, the most riling trend I have encountered is the perpetual naiveté of clients. In a global era where information is amply supplied and highly available, one could expect traders to research and know better where their hard earned money is going to.
This year we have witnessed the colossal collapse of MMCIS, one of the largest brokers in the former Soviet sphere. Painful, but hardly a surprising one, as regulation warnings were piling up against the infamous broker, side by side with an alarmingly gargantuan advertising budget featuring various local celebrities.
Also, while Russian traders did not learn many lessons from scam tactics employed and exposed in other countries, local crooks unfortunately have. This year we have seen a migration of such methods, most notably the above mentioned clones, into the Russian forex market at a substantial degree.