145. Prop Firms 2025: How To Pass The Challenge & Actually Get Paid
Prop trading firms are everywhere in 2025—but can you actually pass the challenge and collect a payout? In this Let’s Talk Forex video podcast, Alison and Chris break down prop firms in plain language: funded account rules, the 3–1–1 risk plan to improve your pass rate, KYC and payout pitfalls, one-step vs two-step challenges, trailing vs static drawdown, and whether a futures or forex prop path fits you. If you are searching for “best prop firms 2025,” “how to pass a prop firm challenge,” or “forex prop firms South Africa,” this episode gives you the rulebook and routine you need to trade cleanly and get paid.
What you will learn:
What a prop firm is, how profit splits work, and why risk management rules matter.
The core rule set in 2025: daily loss limit, max drawdown, news rules, consistency, and banned strategies.
The 3–1–1 plan: set the stop first, risk 0.25%–0.5% per trade, and stop for the day at −1%.
A simple pre-trade checklist and one-line post-trade journal to keep you consistent.
Payouts and KYC: how to match documents and avoid rejected withdrawals.
One-step vs two-step challenges; trailing vs static drawdown—and how each changes your risk.
Futures vs forex prop firms: schedules, costs, and which suits your lifestyle.
Regulatory risks and recent headlines, plus practical record-keeping and tax reminders.
Enjoy the audio or watch the full video here if you prefer: https://youtu.be/w8Cj3aCA2tc
FxScouts Disclaimer:
Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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144. Why Most Forex Traders Lose (It’s Psychology, Not Strategy)
Most traders do not fail because their systems are bad—they fail because they cannot execute consistently. In this episode of Let’s Talk Forex, Alison and Chris unpack trading psychology, overconfidence, and discipline, showing why your behaviour—not your indicators—usually decides your P/L.
What you will learn:
The myth of the “perfect” strategy and why consistent execution beats brilliance done badly.
The emotions that sabotage traders: fear, greed, FOMO, and the revenge-trading loop—and how to break them.
Overconfidence after hot streaks: size creep, widening stops, and “anticipating” entries.
Practical discipline: a pre-trade checklist, fixed risk rules, daily loss limits, and process metrics that actually improve results.
A simple case study (Trader A vs Trader B) that proves the system wasn’t the problem.
A one-week discipline sprint to tighten your process fast.
Who this is for: Day traders, swing traders, and Forex/CFD traders who want steadier results through better execution, not new indicators.
If this helped, share it with one trader who needs to hear it, and subscribe for more clear, practical trading insights.
You can also watch the YouTube video here: https://www.youtube.com/watch?v=QU5hWzZQb1g
FxScouts Disclaimer:
Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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143. Forex Trading Myths EXPOSED: The Truth Every Trader Must Know
Think Forex is all about finding the perfect strategy, getting rich overnight, or that anyone can do it? Think again.
In this episode of Let’s Talk Forex, Alison and Chris bust the biggest myths that keep traders stuck, frustrated, or losing money. From the truth about strategy and psychology, to why risk management matters more than flashy setups, this is the real talk every trader needs to hear. What you’ll learn in this episode:
Why strategy is only 20% of the game (and psychology is the other 80%)
Why not everyone is cut out for trading—and how to know if you are
The reality behind “easy money” promises in Forex
How proper risk management keeps you in the game long enough to win
Whether you’re a beginner or already trading, this episode will help you see Forex for what it really is—and what it takes to succeed.
If you prefer to watch rather than listen, you can (as always) find the episode on YouTube as well: https://youtu.be/FIowqtLDFAU
FxScouts Disclaimer:
Trading Forex and CFDs involves significant risk, and between 75–90% of retail traders lose money. Before trading, carefully consider whether you understand how leveraged products work and whether you can afford to take the high risk of losing your capital. The information shared in this podcast is provided for educational and informational purposes only and should not be considered investment, tax, or legal advice.
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142. Essential Tools For a Forex Trader
Success in trading isn’t just about charts and platforms, it’s about having the complete toolkit. In this episode of Let’s Talk Forex, Alison and Chris break down the essential tools every trader needs to thrive. From mastering the right mindset and building a solid education, to using backtesting, risk management strategies, trading journals, and reliable news sources, we cover it all. Whether you’re just starting out or sharpening your edge as a seasoned trader, this episode will help you structure your toolkit for long-term success in the markets.
Watch the YouTube video here: https://youtu.be/YBGfkDgSdaw
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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141. Is AI the Future of Forex Trading? How Traders Can Use AI Right Now
Artificial Intelligence isn’t just hype anymore—it’s already reshaping the way traders approach the markets. In this episode of Let’s Talk Forex, Alison and Chris dive into how AI is being used in Forex trading today, from analysing price ranges and validating strategies to journaling emotional patterns and improving discipline. Discover real-world use cases, the pitfalls to avoid, and why traders who start using AI now—at any level—will have the edge. Whether you’re just getting started or already deep in the markets, this discussion will show you how to make AI your most powerful trading assistant.
If you prefer video format, you can watch this episode on YouTube here: https://youtu.be/jpfhEj_yNaM
And don't forget to check out FxScouts.com to find anything and everything you need to know about Forex trading and Forex brokers.
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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