Head over to our new Prop Trading website here: https://prop.fxscouts.com/

In episode 173 of Let’s Talk Forex, Alison and Chris rank the best prop trading firms in 2026 and explain which one may suit your trading style best.

We break down the top firms, including DNA Funded, E8 Markets, FTMO, One Up Trader, Funded Trading Plus, Funding Pips, Bright Funded, and FundedNext, and cover profit splits, challenge types, flexibility, futures options, and low-cost entry points.

The episode also looks at the reality of prop trading, including drawdown rules, consistency requirements, news-trading restrictions, discipline, and why most traders fail in challenges.

If you are comparing prop firms and want a clearer view of which one is actually worth your time, this is a great place to start.

You can also watch it on our YouTube channel 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.

You’ll learn how different trading strategies perform in trending vs ranging markets, how strategy diversification can improve risk management, and why it can help reduce emotional pressure during losing streaks. We also discuss when traders should consider adding a second strategy, and how to do it without overcomplicating their trading plan. Whether you’re a beginner trader developing your first system or a more experienced trader looking to improve consistency, this episode will help you understand how to build a more flexible and resilient trading approach.

Watch it on YouTube here!

Topics covered include:

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.

In episode 171 of Let’s Talk Forex, we break down why most traders struggle with exits and how this one mistake can destroy your trading performance.

As always, the video version of this podcast can be found 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.

In episode 170 of Let's Talk Forex, we break down why CTrader is rapidly growing in popularity and why many traders are moving away from MT4 and MT5.

We explain what CTrader is, how it works, and what sets it apart from traditional trading platforms, including its modern interface, faster execution, advanced charting tools, and built-in copy trading. You will also understand the key advantages and potential downsides of CTrader, how it compares to MT4, MT5 and TradingView, and whether it is the right platform for your trading style.

The podcast is also available 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.

In episode 169 of Let’s Talk Forex, Alison and Chris break down the truth about forex trading strategies and what actually works in real market conditions. They explain the most common strategies used by traders, including trend following, breakout trading and range trading, and why no single strategy works in every market environment. You will understand how to match your strategy to market conditions, why most traders fail even with good strategies, and why risk management and discipline matter more than any indicator or system.

Watch the full video 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.

In episode 168 of Let's Talk Forex, Alison and Chris break down how traders can use economic news in forex trading without letting it wreck their strategy. They explain which news events matter most, including interest rates, CPI, NFP and GDP, why expectations matter more than headlines, and how volatility, slippage and wider spreads can catch traders off guard.

Watch the full video 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.

VWAP is one of the most popular indicators in trading, but it is also one of the most misunderstood.

Watch the full video 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.

Beginners obsess over entry indicators and signals, but the real difference between surviving and blowing up your account is risk management.

Watch the full video 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.

Most traders don’t quit strategies because they fail. They quit because they feel uncomfortable.

In episode 165 of Let’s Talk Forex, Alison and Chris explain why normal drawdowns feel like failure, how losing streaks are part of probability, and when it actually makes sense to walk away from a system. They talk about evaluating a strategy with data rather than emotion, how market conditions affect performance, and the key questions to ask before switching again.

If you keep strategy-hopping after a few losses, this episode is for you.

Note: Sorry for Chris sound in this episode.

To watch this podcast episode as a video, please click 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.

Professional day trader and coach Caroline Randall joins Alison and Chris on episode 164 of Let's Talk Forex, to break down how she trades US30 (Dow Jones) using the 1-minute chart — starting her bias from the daily timeframe.

Watch the episode here: https://youtu.be/1w6GRK5mBNE 

Check out Caroline's channel here: http://www.youtube.com/@Trading_Angel 

Her website here: http://www.tradingangel.co.uk/  and all her social media through this handle: @trading_angel.

Any direct enquiries to Caroline can be direct to [email protected] 

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.