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Fischer Partners Review: A CNMV Blacklisted Platform

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Fischer Partners Review: A CNMV Blacklisted Platform

Fischer Partners (fipt.se) is an unregulated investment platform trying to rip off unsuspecting investors. We have to put a stop to this as they are misleading naïve investors. With a warning from CNMV, we hope other regulators will follow suit. What we will do on our side is expose the reasons that led to their dismissal. Learn more in our exclusive FISCHER PARTNERS REVIEW.

About Fischer Partners

Fischer Partners Review

The platform claims to be an independent and non-bank affiliate platform. Fischer Partner also claims to run a successful investment fund management company. Unfortunately, our efforts to find any reputation of the fund management company went blank.

There’s a long history of their commitment to the cause and principle. We also see flashing images of what appear to be staff members. The page also has projected income slated at 40 to 75 percent.

For those new to trading, make such bold claims is unwarranted. First, there’s no way you can predict the market and come up with such projections. Second, even fund managers know that anything can happen as the market is volatile.

The best option for investing requires groundbreaking investment opportunities. And this means going for proven ways of investing that promise realistic returns. So it would be best if you started thinking of coin staking, DeFi, and Masternoding.

Fischer Partners is clearly not in this for the long haul. From the complaints we have seen, the platform will soon go under. Moreover, there are concrete reasons that led to CNMV blacklisting the platform.

Before you commit funds to any platform, you need to understand the risks. You should invest in a platform that has been proven to work. Make sure you do due diligence and see what others are saying about a particular platform.

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One way of ensuring safety is by reading our reviews on crypto and forex investment platforms.

Accounts Fischer Partners

Fischer Partners offers five account packages with no information on their respective features. All that we have is the names of the accounts and the commissions and spreads. The five accounts include Classic, Gold, Prime, ECN Gold, and ECN VIP.

There’s no listed acceptable minimum deposit with each account type. And this means we are dealing with a platform that wants to take advantage of investors. The acceptable minimum deposit set by regulators is $250.

By failing to quote the minimum deposit for all accounts, it opens the floodgates for any amount. And this is a disadvantage to those who deposit large amounts. For example, you can deposit $5,000 and get the same account features as one who deposits $50.

Fischer Partners Account types

When selecting the best account, there are several factors to consider. First, you should have an account that offers the best features at a reasonable price. Second, we even don’t know the maximum leverage allowed on these accounts.

Other missing features include the availability of EA, hedging, or scalping. What we have is an attempt by the platform to hide these features. Investors are signing up blind only to find out later the platform offers unfavorable trading conditions.

Assets and trading instruments

There are five distinctive trading instruments available on the platform. The five include commodities, crypto, forex, indices, and shares. Commodities listed include coffee, sugar, wheat, and more.

When it comes to cryptocurrencies, the platform offers major cryptos against major currencies. For example, you can trade Bitcoin against CAD, GBR, or USD. However, the platform only offers major currency pairs in their forex arsenal.

There are five indices available on the platform. These include CAC, DAX, Dow Jones, FTSE, and NSDQ. In addition, you can get the FAANG group shares alongside other shares from global companies such as Alibaba.

Business Proprietor

According to information found on the homepage, the platform resides in Sweden. We also see details showing they have offices in Italy and Spain. But, of course, these are false location details meant to fool investors.

We believe the people behind this platform are using virtual phone service providers. With their target being European investors, regulators in this region are on high alert. We believe other regulators such as the FCA will also issue a warning.

It’s clear FischerPartners is an anonymous investment platform. Seeing that there are no names mentioned, the platform remains hidden from prying eyes. Moreover, the people behind it don’t want to be seen as affiliates of the platform.

You should avoid anonymous investment platforms as recovering funds from such is hectic. No recovery agent can trace the funds. Those who claim to do so are lying to investors who have already lost funds.

Compliance, License, and Registration Fischer Partners

Warning from CNMV Regarding Fischer Partners

Fischer Partners is not licensed or registered by any regulator. With the warning from CNMV, it’s clear investors are called to ignore the platform. On their legal notice page, the platform claims to fall under the insurance code.

Even a quoted amount of EUR 51,000,000 is set as the required deposit amount to start the forex venture. All these are false claims as there are no records of such undertakings. We don’t see copies of their license or registration details.

When investing, make sure to look for a fully compliant platform. Go for platforms that are regulated by ASIC, BaFIN, CONSOB, CySEC, and the FCA. Other reputable regulators include FINMA, FMA, NFA, and the SEC.

The above regulators ensure all parties adhere to strict regulatory practices. As a result, you will get fair trading conditions, with transparency being paramount in each platform. These are the regulators that ensure safety in the forex world.

Contact and support

Another important feature missing from the platform is a clear support structure. The phone numbers listed don’t help investors when it comes to withdrawing funds. You only get a message board on their contact page.

There’s also an email that only responds to deposit queries. When you write asking for the release of payment, there’s no response. An excellent platform will offer live chat support or ensure responses are within 24 hours.

Funding accounts

The platform allows for a seamless funding process. You can fund your account using bank and wire transfers. Once you fund the account, the balance will reflect within 24 hours. But, of course, when you decide to withdraw, that’s when hell freezes.

No one gets to withdraw funds which led to CNMV warning investors of this platform.

MT4 Trading platform

One of the few things we found interesting with the platform is the MT4 trading terminal. The platform ensures users get the best features. You also get to improve your trading skills thanks to set features.

MT4 Trading Platform Fipt.se

Fischer also offers a custom-built web-based trading platform. The only issue is that experts do not test their web-based platforms. And this means users may end up facing hurdles such as slow execution.

We recommend using proven trading terminals such as MT5 and SIRIX. You get over 30 technical indicators and chart tracking. It’s the best terminal for all classes of investors. The terminals are user-friendly are a fit for newbies as well.

Security of funds with Fischer Partners

When it comes to fund safety, Fischer partners does a terrible job. You won’t get to enjoy your winnings on the platform. With withdrawal being an issue, the platform also puts your funds at risk.

There’s no insurance cover to protect investors from unforeseen challenges such as bankruptcy or insolvency.

Why we don’t recommend Fischer Partners

Here are the concrete reasons for not recommending fipt.se

  • A warning from a reputable regulator
  • Contact and support is unavailable
  • Custom-built web trading platform which is unstable
  • Security of funds is not guaranteed.
  • Withdrawal delays

Now you know the risks that come with investing with such a platform.

Make the right investment decision by signing up with proven options. Today’s investor is using Coin staking and Masternoding to make realistic returns.

If you have any questions, feel free to drop a comment or email us.

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