155. Finfluencer Crackdown 2025: What Traders Must Know About Fake Gurus & Clone Brokers
Regulators are finally cracking down on “finfluencers” in 2025, and traders need to understand what’s changing. In episode 155 of Let’s Talk Forex, Chris is joined by Erik and breaks down why regulators like the FCA and ASIC are targeting financial influencers, real enforcement cases (including James Pereira, Tyson Scholz, and the Abe Lim impersonation scam), and how young traders are being misled online. They also explain the rise of clone brokers, where the line is between education and illegal financial advice, and practical steps you can take to protect yourself. Whether you’re new to trading or simply tired of TikTok gurus, this episode gives you the context you need to stay informed and stay safe.
Watch the episode on YouTube here!
Further reading:
https://www.fca.org.uk/news/press-releases/fca-leads-international-crackdown-illegal-finfluencers
https://www.reuters.com/sustainability/boards-policy-regulation/australian-regulator-cracks-down-finfluencers-over-unlawful-financial-advice-2025-06-12/
https://www.investigate-europe.eu/posts/the-rogue-finfluencers-pushing-risky-investments-to-young-followers
https://www.businessinsider.com/finding-dora-influencer-instagram-pig-butchering-scams-victim-images-stolen-2025-7
https://home.barclays/news/press-releases/2025/10/influence-or-illusion--one-in-four-feel-under-pressure-to-act-qu/
https://www.financemagnates.com/forex/pepperstone-ceo-having-to-take-down-scam-websites-on-an-almost-daily-basis/
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
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154. Stop Misusing Bollinger Bands! Here’s How Pros Actually Trade Them
Most traders slap Bollinger Bands on a chart and hope for the best, and that’s exactly why they fail. Alison and Chris help you break down how professional traders actually use Bollinger Bands to read market conditions, spot high-quality opportunities, and size trades using volatility instead of guesswork. Learn when to fade moves, when to follow them, and how to avoid the biggest Bollinger Band traps. If you’ve ever been burned by fake reversals or late breakouts, this episode is for you.
You can watch the full video and get all the visual examples on YouTube!
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
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153. 3 Simple Forex Strategies Every Beginner Should Know (Explained Clearly)
New to Forex trading? Start with the three simplest strategies every beginner should learn. In episode 153 of Let's Talk Forex With Alison And Chris, they break down the Bull Flag breakout, the 20-SMA pullback, and the VWAP Magnet setup. Easy, repeatable strategies that help you trade with confidence and structure. No confusing indicators — just clear, step-by-step setups that actually work. Ideal for anyone seeking to establish a solid trading foundation.
Prefer video over audio? Watch this episode here!
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
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152. How AI Can Help You Master Market Analysis (ChatGPT for Traders)
Forget signals and hype. In this episode of Let's Talk Forex, Alison and Chris walk you through how to use AI to analyse daily ranges, opening volatility, and session tendencies so you can trade with confidence. From exporting your data to building a one-page playbook, you’ll learn how to make ChatGPT your trading assistant and finally see your market in context.
Watch the full video here!
Daily frame:
“Using this CSV of [instrument] data, compute daily high–low ranges for the last 60 sessions. Report min, max, mean, and a rounded mode.”
Opening range:
“For each session, find the first 15-minute high–low range from [session open]. Report min, max, mean, mode, and note which quartile today’s opening range falls into.”
Correlation check:
“Measure the correlation between the first 15-minute range and the full-day range. Explain in plain trading language how I should adapt my targets.”
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
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151. The Easiest Forex Trading Strategy for Beginners (20 SMA Pullback Explained)
Most beginners lose trades not because they can’t spot a trend, but because they don’t know when to enter. In this episode of Let’s Talk Forex, Alison and Chris reveal a simple, rule-based strategy using the 20-period Simple Moving Average (SMA) that helps you trade pullbacks with confidence. Learn how to spot clean trends, time your entries, and manage risk. Perfect for beginner traders who want a structured, repeatable way to trade with the trend.
Watch it on YouTube here!
FxScouts DISCLAIMER:
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
Let’s Talk Forex with Alison and Chris is your weekly source of Forex trading insights. Whether you are a beginner looking for guidance on how to start, or a seasoned trader who wants to learn about new strategies, you’ll find something new and useful in every episode. Alison and Chris’ knowledge of Forex trading shines through, as they bring to the table years of experience trading Forex and writing about the trading industry. They cover a wide range of topics, including how to choose a broker and trading platforms, manage risk and protect your funds, trading psychology, trading strategies, interviews with Forex traders and much more. Subscribe now and stay up to date with every new episode!
DISCLAIMER
75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.
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