A forex YouTuber who goes by Daniel Savage (his channel is called FxDaniel Savage) uploaded a video on 7 September 2025. Its title says he lied to viewers as a forex influencer and is now exposing everyone else too. On 4 December 2025, the broker-review site BrokersView published an article about an apology video by him, in which he says his profits and his luxury lifestyle were fake.
We could read the video's public page. We could not get a transcript of what he says in the 20 minutes. So this post separates three things: what he wrote about the video himself, what BrokersView says is in it, and what nobody has confirmed. Everything here is his own words or a report of them. No regulator or court has said anything about him that we could find.
Quick timeline
What does the video page say?
The title, given in full in the Sources list, is a first-person admission that he lied as a forex influencer. The description, written by the channel, says that he lied about his results in the past, and that most influencers in his space did the same. It says the video exposes "the fake results, the screenshots, and the false marketing" that traders have been fed for years.
That is the part we could confirm from his own page. A person who sold trading education says, under his own channel name, that results he showed earlier were not true. The description goes on to invite viewers to a free group on Telegram, which is a normal call to action on a trading channel and says nothing either way.
What does BrokersView say is in the video?
BrokersView, an outlet that reviews brokers and writes about complaints, published its article on 4 December 2025. The article does not link the video and does not say where it was posted. BrokersView's version of the apology, in its own paraphrase, runs like this:
- He says he never made millions from trading and never traded an account with hundreds of thousands of dollars in it.
- He says the profit screenshots that impressed his followers were made with technical tools.
- He says the Ferraris and Bugattis in his Instagram photos were not bought with trading profits and were not rented. According to BrokersView, he says they belonged to his clients.
- He says people who promote "100 to 1 million" account challenges have not really done it.
- He describes how people in this business earn: from selling courses and signals at high prices, from broker kickbacks, and from commissions paid by prop firms (companies that sell funded-account challenges) when followers sign up. In that model, BrokersView writes, the influencer wins whether the follower wins or loses.
We could not check any of these points line by line against the video. Treat them as BrokersView's description of what he said. The article also says he accused other people. We have left that out, because we cannot see what he actually said about them.
What we could not confirm
- The match between the two sources. The video we found was uploaded in September 2025. The BrokersView article is from December 2025 and calls the apology recently released. We cannot tell whether BrokersView described this video or a later one.
- The lifestyle claims. The cars and the "kickbacks" come from BrokersView alone.
- Any other news outlet. We searched for coverage of the apology on news sites, X and YouTube and found one article and some commentary videos by other creators. We did not use those.
- Refunds or a response from customers. BrokersView says whether the apology is sincere depends on whether he refunds the people who paid him, and it does not report that he has done so. We found nothing either way.
- Regulator or court action. We searched for his name and his education brand together with the CFTC, SEC, FTC and FCA and found no order, complaint or lawsuit.
BrokersView is a commercial site with a stated position against "gurus", so its framing is its own. Its description may turn out to be accurate, but it needs the video next to it, and we did not have that.
What the other side says
The video is the other side. It is his own statement, and its public description says what it says. Beyond that, we found no interview, no statement to the press and no reply to BrokersView.
His channel kept uploading afterwards. The newest video we saw on it was about two months old, and the 2026 uploads are mostly trading and mindset talk, including clips about payouts from funded accounts. We did not check those clips, and we am not suggesting that they are accurate or not.
What traders can take from it
Whatever the full video says, its title alone describes a situation every trader should plan for: someone selling education can show results that are not real.
- A screenshot is an image. It can be edited, and it can show a demo account, one lucky day or a single account out of many. Treat it as a claim, not a record.
- Look for the record that someone else holds. A full broker statement with account number and every trade, or a verified track record linked by the broker, is stronger. Even that shows one account over one period.
- Ask how the person is paid. If they earn a referral fee when you open a broker account or buy a prop firm challenge, their income does not depend on your results. Good teachers say so up front.
- Be careful with big round numbers. "100 to 1 million" challenges and a handful of huge wins say little about expectancy. A long run of ordinary trades matters more, and that needs a decent sample size.
- Keep your own record. A trading journal built from your own broker data, as SetupBook does, shows what you really traded and what it returned, so you are not comparing your real equity curve with someone else's highlights.
The same pattern, a big following and screenshots of profit, appears in the Nutty Khongchak case in Thailand, where the allegations are of a different kind and remain allegations.
Frequently asked questions
Did Daniel Savage really say he lied about his results?
The public page of his own video says so: he writes that he lied about his results in the past and that the video exposes fake results, screenshots and false marketing. We could not get the video's transcript, so we cannot say exactly what he says in it.
What else does BrokersView say he admitted?
BrokersView says he admitted that he never made millions from trading, that screenshots were made with tools, and that cars shown on Instagram belonged to clients. These points come from BrokersView's paraphrase, and we could not check them against the video.
Is he under investigation?
We found no regulator order, court filing or investigation about him in the places we searched. That does not prove that none exists. It means nothing was public in what we could read.
I bought his course. Can I get my money back?
We found no refund offer or announcement. Your options depend on the seller's terms, the payment method and where you live. Card issuers and payment services often have short dispute windows, so keep your receipts and contact them early, and ask a local consumer-protection body if you are unsure.
How can I check whether a trader's results are real?
Ask for a complete broker statement or a verified track record that the broker itself provides. Check that the dates, account type (live or demo) and trade list all match the claims. Be wary of anyone who only shows screenshots, only shows the winners, or will not say how they are paid.
Sources
- Trading Guru Admits Never Making Money From Forex, Luxury Lifestyle and Results Were Fake, BrokersView: the 4 December 2025 article describing the apology.
- How I Lied to You as a Forex Influencer – And I'm Exposing Everyone Else Too, YouTube: the video's public page, with its title, description and upload date. I read the page, not the video.
- FxDaniel Savage, YouTube channel: the channel's own description of him and its list of videos.
This post is based on public sources as of October 30, 2026. Found a mistake? Write to info@setupbook.io.