Fat Prophets

Excellent

used since last summer - new to investing - love their service, account manager extremely useful. naturally reluctant to pay to start with having used Money week before (useless). This is exactly what i was after and they even sorted me out a discount on 2 years. Cant say i follow all advice but the stocks i've had have done really well - especially songbird estates, norcros and Daejan holdings!

Very good service

I've been a subscriber for several months now, and the results are very good. The daily VTR session is excellent. If you put a small amount of effort into listening and asking questions (which you can do at any time in the VTR) you will learn how to analyse markets from a professional with a proven track record. If you truly want to learn how to analyse markets and make money then I fully recommend the service. The approach is conservative, picking only high probability trades, hence there is not a barage of trades every day. I cant understand how people are saying the results are terrible, just look at their website - the trade history is not fabricated I've seen all the trades come through. If someone is down money after following these trades then its down to poor money management on their part. (they also put a big emphasis on capital management so if you are down money then you've not been listening). You get over an hour of analysis EVERY day with the opportunity to ask any question you like and not be made to feel like an idiot for asking. You can also get any market analysed you want. It caters for those new to the game and experienced. Emphasis is on swing trades which could be held for anything from a day to a week or so. Plus a few shorter term scalps that can be over in an hour or 2. Potential set ups are looked at - then if price action confirms an entry then a SMS text is sent out. Other trade set ups are posted on the members section of the site, with entry levels, stops and profit targets, so you can set up orders on your platform and leave them. I'm not affiliated with Fat Prophets or anything, I have just had a good experience with them and will continue to use this service.

over all very good

Yep some teething problems initially (mainly my fault).... but over all extremely useful service have made good returns over the last three years. Well-written reports long but well informed conservative in approach. Would recommend UK equities, aus equities report, and cfd report also good. Not having the time to do a lot of research this last few years so has saved me time. I had a good account manager, useful there when I needed him. Clearly these guys are on the ball and recommended good stock in these volatile times. Will definitely use them again.

Global Managed Funds

Recently joined Fat Prophets and they seem to be postive on the Japanese stock market. Quite interesting as i have mainly focused on UK listed Equities.

Ballie Gifford Japan Trust, seems like an interesting idea and somehting outside the box, will see how this pans out and will add to my portfolio.
As a relatively new member i find the daily email i receive each day to be informative and timely, have not seen this with other services i currently use.

Part of my membership was a trial of their new Global Funds Report which covered Balle Gifford Japan Trust, which is also covering ETF's have not seen another service like this around and i will be following this one closely.

Good Results

Recently purchased a few stocks from there reports and the stocks have performed quite well, The London Stock Exchange, Wynns Casino, as well as Ryanair and Ran Group.
There International coverage is typically good as i find more opportunites through the Global reports which includes the USA and Asian Markets. Picked up Walt Disney as well from the US report
I was glad i took the global package but i have also done well with some UK listed companies.
find the service help and informative as i don;t have alot of time to do my own research, the daily email service/note that gets sent is also quite helpful.
i have used other providers in the past and still do, but find this site and research good.

Happy with Fat Prophets

I have been prompted to make this review after reading some of the negative ones about Fat Prophets, which I don't recognise. I have been using Fat Prophets for about three years and am very satisfied. I had been trading on my own account, fairy succesfully for many years and although I have been relatively succesful I decided to pay for financial advice to tidy my portfolio up and get some expert input. About 60% of my shares were already in the Fat Prophets portfolio, but after a discussion they supplied me with a list of shares in a balanced portfolio and the percentage I should aim at holding, which included available cash. I receive regular calls from my account manager and over the years have gradually switched my holdings to their recomendations. I have mainly concentrated on UK shares, with a few European shares, but also have holdings in Baillie Gifford Japan Trust and JP Morgan Indian Investment Trust, which are well up on the original investment. I have always found Fat Prophets easy to deal with and helpful.

FatProfits tried in the past but found better one now a days.

I was there member during 2009-2011 and did make good money but after 2011 they just got bad. Now a days I am trying this trends2trade.com and its working way above my expectation.
Let me make it clear I am not affliated or paid by trends2trade.com Just mentioning them as I am really happy with service and if someone want to check them they areoffering some sort of free silver membership. One of their recent trade I took.

Renewal of membership

Hi. I have been offered renewal of 5 year membership of Fat Propehts's whole suit of newsletters and recommendations across the globe for total price of USD400 (USD80 per year).
Do you think it is good price, anybody else found a better deal?

Not what is said on the tin

Their real mission is to make their own wallets as fat as possible.....and anyone wanting to exercise their right to a refund is in for a very, very long wait. IMO these people cannot be trusted.

What a disaster

FTSE 100 up nearly over 15% , FTSE 250 up nearly 40% since I joined their Platinum - personalised service - you cant get better ?- I lost money. how is that even possible. Promissed the world cost the Earth - now with the Ombudsman. To add insult to injury I paid upfront for three years - cant even get a refund for over two years unused subsription . Avoid at all costs

The Ombudsman has now agreed they mis sold their product and gave me bad avice - guess what - they havent abided by the binding agreement - are they in that much trouble ????

Who needs them anyway

Almost become a member 2004 or there abouts. They gave me 1 month free trial and even though we were in a huge bull market at the time their results were not good enough for me to sign up. Plus had a few mates sign up and all they did was loose money while I was creaming it...lol'

Watch SMN.au. Am long from .02.

never subscribe to anything from anyone without due diligence.

what you have to understand is what they mean by fat prophets.
they mean fat profits for themselves from your subscriptions.
not that ive subscribed.and who on earth pays up for years in advance,you deservedley get screwed.welcome to the game and let it be your first lesson.

Performance figures of their portfolios are Incorrect !!!

Had a membership for a while and they tried to convince me to extend as their portfolios is supposingly doing so well and customers too. When I challenged this we discussed some shares which were recommended some 2 years ago but never got a SELL recommendation. So these types of old BUYS have never be SOLD and still sit on HOLD are not included in their performance figures as they are "unrealised losses". When I challenged that view of publishing performance figures without this basket of shares potentially sitting on a big loss the guy told me that their services is bnot for me and hung up!!!

Using every trick in the book

Building a database of 'users' for their own use in my opinion. Tried their 30 day trial process and I am now engaged with the financial ombudsman trying to get a refund. 17 contacts with Fat Prophets over an 11 week period and excuse after excuse after excuse. They certainly do not behave with financial integritry, so I would find it very hard to take their financial advice.

No Profits

I subscribed for a 2 year membership 2009 - 2011 and was truly frustrated with the main service of interest for me: the CFD trading report.
I received all equity reports plus the trading report service in the package. The equity report service churns out mainly buy and hold recommendations every week which may be ok for some, but was of no interest to me and are certainly of no use in the current environment.
The CFD service is frankly shocking. Despite receiving text messages for the trade alerts, the market prices quoted in the messages are usually far too late to acheive the entry price - and more importantly, the risk to return ratio for these trades is always shockingly low at 1:1 or 1:2 at best. These ratios do not include trade spread and any slippage, so the published performance stats are always hugely overstated when compounded. Something that the so called experts have little concern about.
My advice is save your money, purchase a few of Schwager's Market Wizard books, and use your capital on shorting the hell out of the Euro on summit euphoria.

Summing up - loses

I have been a member for a 11 months. The overall result is a loss! Risk to loss ratio is most of the time 1:1. More over some trades were not realistic. On some occasion I used entry stop and target on IGindex. Mine was closed at a loss (stop loss) while Fatprophets claimed a win! Now for the last 3 months or so they stoped issuing recommended trades on Monday. I wrote an email asking about it and never even got a reply.
So so not waste your money1

Fat Cats

I signed up for a 2 year subscripton, only to get medicore returns. With the expensive pricing, cut into my margins.

The Weekly reports are hardly current when recieved. Where fat prophets have already positioned themselves in the market well before you.

When I decided to leave, they acted rude and arrogant, saying I was an idiot for going at it alone.
I am pleased with my own independent research thus far.

Advice: Avoid

Learn T/A !

Learn T/A folks.
Since the GFC, fundamental analysis has been exposed as rather flawed.

These guys get very nasty when you try to leave. Even a written cancellation falls on deaf ears.

Joined Fat Profits in mid July 2014, requested refund and cancellation 3 weeks later. Could not log on, (That was my fault of course) was promised US reports but then they said you need to pay extra for that even though I had written confirmation that the US equities were included.
Still trying to get my money back. Problem is they do not have any qualms about taking your money and forgetting you exist. Its now up to the courts to determine. STAY WELL CLEAR

AVOID AT ALL COSTS

Was persuaded by a pushy sales person to join their Platinum service in 2010. Now 30,000 out of pocket due to the fact that i was exclusively put into miners at the hight of the commodities rise with no advice to diversifyuntil it was too late. Allocated acc. manager was impossible at times to get on phone or email with excuse after excuse about loss of numbers or email addresses. Would not recomend their services to anyone.