The strat copies of Fernando are quite capable of matching up to Squire strats. I used to own one, customized it a bit, but ended up trading it to another guitar.
Meron din akong isa pang Fernando na parang Ibanez RG copy - MIK, butterscotch look, SSH, 24 frets. I'm not so impressed with this guitar kasi ang nipis ng tunog in all 5 PUP settings! I only bought it para may pam-practice ako na 24-fret guitar. Eventually nag ipon na lang ako at bumili ako ng DiMarzio humbucker para lang mapaganda ko yun tone kahit sa isang setting lang.
Ang thoughts ko lang sa Fernando guitars, it's a fair guitar if you're tight on budget. Some Fernandos are gems, some are not. You have to test one before buying. Pero dahil mura din ang Fernandos, makakaipon ka naman siguro ng hardware jan para ma-enchance mo yun tones. (try a scalarizer!)