Fat Prophets

Fat Prophets

 Verified🏆 2024 Award
Fat Prophets
4.1

386 reviews

PositivevsNegative
83% · 32061 · 16%

Transparency
4.4
Rates and Fees
4.2

Reviews

386 reviews
Brian
BrianSouth East Queensland, QLD
 

Pedestrian

The service has fallen away ever since Roger Malik disappeared
Transparency
Rates and Fees
Blkdon48
Blkdon48South East Queensland, QLD4 posts
 

Buyer Beware if you want a refund

If I could leave a zero rating I would. Been trying for refund since beginning of January, still no refund and won’t reply. Buyer beware. Take funds instantly, but 4-6 week refund? Now 8 weeks no refund. Off to financial ombudsman.
Ecpaul
EcpaulSouth East Queensland, QLD26 posts
 

Hey [Name Removed] you forgot a couple

Don't forget NXM (down 70 to 80% since the recommendation), PPS (still going down) and ABX. Like you I bought PAN.
Patrick
PatrickSouth East Queensland, QLD2 posts
 

Biggest loses I have ever experienced

I was stupid enough to sign up after being burnt badly the first time, by these so call professionals. I have lost more money through their recommendations than I ever did doing my own research. This year alone I have lost large amounts of money buying NML, PAN on their recommendations only to seen them go into administration and lose the lot. The rest of the recommendations I took from FP has now my entire portfolio sitting 70% in the red. Never ever again, I am more than capable of losing my own money, let alone paying FP a fee each year to do the same. I refuse to now take their calls because I don't believe a word that comes out of their mouths. Absolutely disgraceful
ROBERT
ROBERT
 
Phil
PhilSouth East Queensland, QLD6 posts
 

Typical rubbish-- stay away

rubbish- another one that cannot be contacted after your payment is process
Paul G.
Paul G.Perth, WA9 posts
 

Floggers not stock pickers

They concentrate their stock selections on a narrow field and get it mostly wrong. They are over-priced for what they are offering, from my experience with other providers, I simply do NOT see the value. Stock reports should at least get it right more often than they get it wrong, afterall that is what you're paying for, right?
Dont't waste your hard earned money, unless you are looking for a little insight on a narrow field of "their stock favourites".
J. D'Alessandro
J. D'Alessandro
  Verified

Excellent broad explanation of the Overseas and local markets daily

Been a member for 3 years, after being recommended to this newsletter by a senior Fund Manager. I must say that the daily reports and specific shares reports are highly professional, detailed and much to learn from, far superior to many other newsletters that I have been subscribing to the pasts. If you have a serious position on the share market, then, the knowledge expressed daily by Fat Prophets is critical to forming a judgement of one's position in the market
Ray
RaySydney, NSW
 

Cancelled my Subscription But they continued to charge my Bank for more than a year

I cancelled my subscription more than a year ago and confirmed this by ringing them today and asking if any of my account is active. They confirm none of my account is active but when I checked my bank statement they have continued to debit my bank every month for more than a year. When I rang and ask them they are saying someone will ring me. Still waiting.
Stuart Kenaly
Stuart KenalySydney, NSW2 posts
 

Very good addition to your knowledge armory

Subscribing to Fat Prophets for me has been advantageous for gaining insight and knowledge about investing. I'm not a huge investor by any means but I have followed their recommendations and so far so good! I've managed to get my portfolio back into profit territory. My days of blindly investing on a hunch are gone.
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Rates and Fees
Mark
MarkSouth East Queensland, QLD
 

Consistently good recommendations and friendly people

Ive been a subscriber of Fat Prophet's stock market research for many years now and really value the various reports and stock recommendations. Ultimately, I make my own decisions, but their research helps me make an informed investment. The individual stock reports are excellent (out weekly), then there are the daily newsletters and the weekly podcasts if you want more. Ive also found the staff always friendly and happy to help with whatever it is you need. Not all things go to plan, but overall they seem to get the advice right most of the time.
Transparency
Rates and Fees
BARRY
BARRYHunter Region, NSW2 posts
 

Specific when needed

Whilst Fat Prophets offers valuable information across a wide spectrum of the stock market they also offer the flexibility to zero in on sectors which provides real value to the specialist investor. Show 2 replies
Transparency
Rates and Fees
Alan
AlanSydney, NSW2 posts
 

A valued source of market information

Wide-ranging and in depth information on financial markets, by email daily and at any time through the website. I have been a member for many years and recommend Fat Prophets to serious investors. Show reply
Rodger
Rodger
 

Daily FatChat

I have been a subscriber to Fat Prophets for several years. The daily FatChat by Angus Geddes provides an excellent summary and interpretation of overnight activity in the main markets. I use it for information only as I am an investor but not a trader. Good value. Show reply
Ietje B
Ietje BGreater Melbourne (Metropolitan), VIC2 posts
 

Happy Investor

I have subscribed to Fat Prophets for many years and have always found their weekly webinars informative and enjoyable and sometimes financially rewarding. I would recommend them to anyone starting out on their investing journey. Show reply

Questions & Answers

Jean H.
Jean H.

Could I do this in four to six months time?

Bill T
Bill T

Has anyone else had troubles with the Fat (Super) Prophets reporting system.
As a result of the sale of a $50K+investment in a global share portfolio I have received $12K (approx) but no one can tell me where my other $40K is - on their system there is no area the records funds pending settlement. Lots of promises -admin will fix but nothing has happened.

ABC67
ABC67  

No, I am not aware of this, I can only comment that their communication can be pretty weak and loose, pays to keep on top of them.

ABC67
ABC67  

Report the issue to ASIC & APRA, missing money with no explanation from a financial institution is a major RED flag!

Bill T
Bill T  

Thanks I was giving them until COB today before taking that step.

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