FisherForex

After reviewing FisherForex, we assess it as a high-risk, likely fraudulent broker. Below we break down exactly why, and what your options are if you have already deposited.

Who is FisherForex?

FisherForex markets itself as an online trading and investment service. Its public site is presented at https://fisherforex.com/. As with most operations of this kind, the polished front end conceals a lack of the basic protections a real, regulated broker is required to provide.

Is FisherForex regulated?

We could find no evidence that FisherForex holds a valid licence from any recognised financial regulator. Trading client funds without authorisation is one of the strongest indicators of a scam — there is no regulator to complain to, and no protection for your money.

Red flags we identified

• No credible physical address or verifiable corporate record
• Account dashboards that show “gains” with no real market exposure
• Unrealistic profit claims and pressure to deposit more
• No verifiable licence from a recognised financial regulator
• Opaque or anonymous corporate ownership

Our analysis

On May 16, 2023, the Comisión Nacional del Mercado de Valores (CNMV) added FisherForex to its warning list for providing investment services without authorization: https://www.cnmv.es/Portal/ResultadoBusqueda.aspx?tipo=1&sortExpression=Fecha&sortDirection=1&page=0

Can you recover money lost to FisherForex?

If you have deposited with FisherForex, do not pay any further “fees” to withdraw — that is part of the trap. Funds sent to operations like this can sometimes be traced on-chain and pursued through the exchanges and processors that received them. Whether recovery is realistic depends on how you paid and how quickly you act.