80% of Forex Advice on TikTok Potentially Misleading

A new study by forex broker experts at BrokerChooser has revealed a troubling lack of transparency and substance in many forex trading tips shared on TikTok, raising concerns about the platform’s role in shaping retail traders’ financial decisions. The research analyzed 100 TikTok videos focused on forex trading, finding that up to 80% of this content potentially provides misleading advice, leaving users vulnerable to unrealistic expectations and potential losses.