Ash claims all customers need to do is send him a direct message with the words 'FREE 30 DAY' and he will send buy and sell signals to copy in trading.
The FCA warns he is not allowed to sell 'signals' and is continuing to do so despite official warnings. His Instagram page is still active. Biomedical sciences student Gurvin Singh, 20, from Plymouth, was also recently added to the warning list. Mr Singh drives a Maserati Ghibli, often showing it off on his Instagram profile, where he also flaunts his use of private jets and five-star holidays. But this week the watchdog warned Mr Singh is not an authorised Forex trader.
But Singh claims he does not have to have authorisation and says he stopped advertising copy trading on social media months ago - despite his Instagram profile being active this week. He said: 'I do not feel I have done anything wrong and everything will be carrying on in the new year. I will be talking to the FCA about what I can and can't do. Young entrepreneur Jake Lee dropped out of his economics university course to set up his own trading education business called Improve Your Future.
He offers online learning material to help people make money through financial markets. He works with an FCA-regulated trading partner for his copy trading service but spends most of his time trying to educate people on how to avoid scams.
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He claims social media fraudsters are ruining the industry's reputation and luring vulnerable people of his age into losing money. Drop me a message Ash Trades advertises his 'services' by claiming he can work anywhere in the world. The year-old told MailOnline: 'I'm glad to see this issue being addressed properly.
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Forex trader Instagram who lure young people in with flash cars and holidays revealed
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