Is the Jeff Clark Options Trader a fraud of a company? Or does it provide legit options trading services to its subscribers?
According to BNN Bloomberg, many are drawn to this investing space because of the possibility of “cashing in on high returns in short order.” Because of democratized DIY platforms, “options trading has gained steam with mom-and-pop investors.”
However, experts also warn that it can be very risky. This is true for both beginners and expert traders because of how volatile the market can be.
This is the market Clark is trying to target. Obviously, he wants to appeal to those attracted by potentially high returns. But he also knows many still do not know a lot about options trading.
This is why his approach is to let you know he is a teacher who can help make you understand the complex intricacies of the market.
Should you trust him? Does he have a good track record? Are there risks to subscribing to his services?
Our goal is to help you better answer these questions after reading this article. So continue reading as we dive deeper into whether Jeff Clark Options Trader is a fraud or not.
Overview
- Name: Jeff Clark Trader
- Editor: Jeff Clark
- Website: www.jeffclarktrader.com
- Publisher: Omnia Research, LLC
Jeff Clark Options Trader is the editor's company devoted to teaching subscribers everything about options. The selling point here is that the “expert” is uniquely qualified to help you reduce risks and earn “massive” trading profits.
According to Clark, you can go about it in a “transparent, easy to grasp” way.
When you visit his website, he is the only editor providing the company's five services. He also provides regular articles about the market, which he publishes on the website for everyone.
The fine print shows that his publisher is Omnia Research, LLC. However, we also saw that this is part of an umbrella company you might have heard of. More on this later.
What is Jeff Clark Options Trader?
Jeff Clark Options Trader promises you can master options the right way. Its main star is the face of the company and is the sole editor in the company.
Based on his website, he has five main services.
Market Minute is a free e-newsletter. In it, he says he analyzes “broad fundamentals, technical patterns, volatility, and momentum.” His goal with the free resource is to help “traders prepare to profit on the most likely moves the market will make.”
Meanwhile, here is how he describes Jeff Clark Trader:
Jeff Clark’s flagship advisory, where he shows traders how to fund a comfortable retirement by trading just three stocks.
Just three stocks. Interesting, right? Subscribing will cost you $199.
The next two services are quite expensive. The Forever Portfolio costs $3,500, and is described as the editor's “long-term answer to a turbulent market.” Meanwhile, The Delta Report is available for $5,000. The service provides readers with “more speculative option trading opportunities once a week.”
He also has a Jeff Clark Alliance, which supposedly contains all his investing services in one subscription.
Who is Jeff Clark?
A key factor in knowing if Jeff Clark Options Trader is a fraud is to learn more about its editor. In the investment research industry, trust is the main currency. If Clark proves to be solid guy with a great track record, he wouldn't put his name on a bad company or product. Or at least this should mostly be the case.
However, we all know how sketchy most newsletter editors are. It seems many do not care, as long as money is coming in. Still, it is worth knowing the background of editors. This way, you can have more information before deciding to subscribe or not.
Case in point here is an editor, Roger Scott. We talked about him in our article trying to determine if Lance Ippolito is a scam. Based on our research, Ippolito's long-time collaborator Scott has changed his name. One of the probable reasons for this is his previous reputation as a scammer and unreliable editor.
If we did not research Ippolito, we would not have known about his colleague with whom he proudly associates. Again, we are not casting judgment on both investors. Our goal is merely to expose these links and information to our readers.
In fact, we also found a possibly damning link in Clark's network. But we will talk more about this later.
According to his profile, Clark is an “expert” in investment advisories. He focuses on options trading in various marketing conditions. Similarly, the editor teaches his followers strategies for resilient investing so they can also have the highest returns possible.
His involvement in newsletters began when he was already 42. In a way, he is a late bloomer in the industry. The investor wanted to explore the space after retiring from his brokerage house and private money management firm in San Francisco.
The editor also boasts that he once created curricula for an international MBA program. As well, he also founded an investor education company.
Today, he spends most of his time sharing strategies with his wealthy clients. Included in the list are about 100 of California's supposed top earners. They rely on him for both conservative and speculative investing philosophies and approaches.
This flexibility makes it easier for his clients to leverage short- and intermediate-term market movements. He says this is a unique approach as it minimizes downturns and maximizes the upswings. If you believe and follow him, Clark says you will profit regardless of whether a stock rises, falls, or remains stable.
According to Clark, his subscribers have greatly benefitted from his advice. The claim out there is that his readers have achieved over 50 triple-digit gains and more than 160 double-digit gains. If true, this is quite impressive. But we will discuss reviews in detail in the next sections below, so keep reading.
Since he started trading options in his 20s, Clark says he has developed quite a reputation. In fact, the editor says he was able to predict market movements through the years. Clark says he considers his profits from the dot-com meltdown a testament to his market knowledge. Among his other so-called successes include his predictions on the 1987 Black Monday and the market crash and subsequent rally in 2020, among others.
What do you think about Clark so far? Does he sound like a credible investment editor?
We found a comment on the Jeff Clark Trader Trustpilot page that stood out to us. This specific commenter talked about what he thinks about the editor and his background:
Use common sense with any newsletter writer who avoids TV or interviews. There are podcasts with thousands of legitimate traders and their records/methods. They are real and verifiable. Jeff Clark, with no verifiable background, refuses to interview with anyone. Refuses.
It is interesting how we cannot seem to find external sources about his background. Most of what we know is based on his press releases. Apparently, even some readers and subscribers have observed the same thing.
The same commenter above added a warning to those who might be interested in subscribing:
As previously mentioned, we saw an interesting linkage when we were researching him and his company.
On the Billing FAQs page of his website, the answer to the question about credit card statements included a familiar name:
If you didn’t make such a purchase or don’t recall having any purchase history with Jeff Clark Trader, The Agora, or its affiliates, please contact our customer service specialists at (800) 752-0820.
The Agora.
On all the other pages, we did not see this association with the famous Agora umbrella company of Bill Bonner. In fact, some of the fine print only mentioned Omnia Research LLC.
If you have been around various investment newsletters for a while, these would be familiar. In fact, we have also talked about their association with two other companies and personalities on this website:
- Gulfport Analytics Review – Read Before Subscribing
- Is Ray Blanco Legit or a Scam? A Must-Read
What is the issue with The Agora? Here are excerpts from a Federal Trade Commission press release we believe you need to read:
The Federal Trade Commission is sending 34,893 checks and PayPal refunds totaling more than $2 million to consumers who lost money through a deceptive direct mail publications scheme.
Agora Financial, LLC, NewMarket Health, and other related defendants tricked consumers into buying pamphlets, newsletters, and other publications through false promises and deceptive marketing.
In essence, the company has been accused of deceptive marketing and false advertising. This is a serious issue. We do not know and cannot prove if the company and those included in its network have changed their ways. I guess one way to check is to see the reviews, which we will talk about in the next section.
However, you need to know about its past actions. Readers deserve to know the credibility, track record, and past cases of companies that solicit their trust. This way potential subscribers would have all the information they need to decide for themselves.
At this point, do you believe Jeff Clark Options Trader is a fraud? Or could it be a credible company only weighed down by an unfortunate association? Let us know your thoughts in the comments section below.
If you have experiences with The Agora, its companies, or even Clark's company itself, we would love to hear from you.
Reviews
As of this writing, Jeff Clark Trader has 1.3 out of 5 stars on Trustpilot. For the website, this is classified as a “Bad” service. A whopping 84% of those who rated it gave the company a 1-star rating. That's how negatively the website readers regard Clark's options trading advisory.
Check out the comment below:
The user gave a specific example of what happened to him and what could have happened further. For the commenter, the service provided to him was subpar, calling it unprofessional. This is a huge issue as his losses could have been way bigger if he listened to Clark.
Of course, we always say that there are always risks. Trading is for those who have money they can afford to lose should their investments not pay off. But if editors continue to inflate potential returns, this is also unfair to subscribers who trust them and their recommendations.
Another commenter, Daryl Clark, wishes he could give the service a zero rating on Trustpilot:
I bought a 2-year subscription to Currency Trader and, after 1 year, they unilaterally ended the service and wanted to switch to another one.
Jeff Clark Trader has also been a disappointment because of the infrequency of trades. Their sole effort is to suck as much of your money as possible. TOTAL SCAM – DON'T WASTE YOUR MONEY HERE!!!!!
Based on his comments, he feels so strongly that he has been scammed by Clark. This experience, unfortunately, is common in investment advisories. They constantly change their offerings when the brands do not seem to be picking up. Then, they change the name without giving their subscribers enough time and options.
The commenter above had additional comments once he spoke with a representative of Jeff Clark Trading:
Just had more contact with them. WHAT A JOKE!!! They say their goal is “to provide excellent customer service”. They still refuse to provide a refund despite reneging on their initial subscription offer. STAY AWAY from them!!
I think we get his message loud and clear, don't we?
Here are some more comments we think you should see for yourself:
Jeff Clark is either paying for a service in which fake accounts online in comment sections recommend them and talk about how much money they made or are doing it themselves personally.
His presentations are insulting to anyone who has any trading experience, repeating his dozens of triple-digit gains for an hour citing a “rare vehicle that never exposes you to a single share of stock.”
Anytime anyone sells you a service that is non-refundable run like hell. What you pay for the service is nothing compared to what you will lose if you follow his recommendations.
Now, to be fair, did anybody give him a decent rating on Trustpilot? We did find some, starting with a comment from Jackson Grantham:
Good selections and ideas: Jeff gives good picks and clearly explains his selections, which is much appreciated.
The user below gave a sarcastic comment. We thought it was a genuine compliment on Jeff Clark Trader, but…
For the subscriber below, it was a genuine and sincere positive comment. However, will you trust a comment that may be positive, but it's from a subscriber who has not seen returns yet?
To give Clark a break, it does seem like many commend him for his teaching style. The positive comments appreciate how the trader explains options and makes the concepts easy to understand.
Be that as it may, this is not merely an online course. Subscribers pay a premium not just for the lessons but more so for the recommendations editors give. Technically, they are not allowed to give financial advice as it's against regulations.
However, we know that it's an open secret that subscribers essentially go by the direction of the recommendations.
We also turned to Better Business Bureau to find out what its readers think about Jeff Clark Options Trader.
The one listed on the website is Omnia Research, its publisher. There are no customer reviews by the time we publish this article, but there are a few complaints. These mainly revolve around credit card issues, fraudulent charges, and unfulfilled refund options.
Here's one of them:
I started a subscription with this firm, and after a few months I canceled the subscription. Then they started charging my credit card again, once again I called to cancel my subscription, and yet they still charged my credit card again.
So I called them again and they still charged my account… Now they won't give me a refund or even talk to me. Am I going to sue them in court, I have all my phone records.
The reply the company gave was that the customer reached out to them too late. While we understand this, we feel for the subscriber as we know how big of a pain it is to get in touch with advisory companies.
This seems to be a pattern for Clark's service.
Obviously, these comments only reflect the experiences of these subscribers. Sure, they paint a picture of how the services could look like. However, different people have different financial goals, priorities, and risk profiles.
At the end of the day, you can only use these anecdotal reviews as a guide for the final decision you will have to make. If you are still into options trading, you can still try it for yourself. At least now, you know the risks involved in subscribing to any service from Clark.
Pros V Cons
Pros
- Jeff Clark publishes his “Track Record” on his website. Included here are Closed Jeff Clark Trader Positions, Closed Delta Report Positions, and Closed Earnings Trader Positions.
- The editor seems to have the right background for an investment advisory editor, including stints in a brokerage house and money management.
Cons
- There are numerous complaints about credit card charges, the quality of his recommendations, and transparency about his background.
- Options trading is risky and time-sensitive, and some have complained the editor does not provide more timely updates.
Conclusion: Is Jeff Clark Options Trader a Fraud or Legit Firm?
So, is the Jeff Clark Options Trader a fraud of a company? Or does it provide legit options trading services to its subscribers?
Since many people are becoming more interested in options trading, Jeff Clark has seized on this interest. He has devoted his whole attention to the space.
Because many do not know much about options trading, the editor presents himself as a patient teacher. He is not only about giving you general directions on the market. Clark will also help you understand complex options concepts.
But does he also let subscribers know about the risks? It seems like many are enticed by potential returns, but are not aware that you could also lose a lot of money.
Clark and his publisher, Omnia Research, provide five services to readers. These are Market Minute, Jeff Clark Trader, The Forever Portfolio, The Delta Report, and the Jeff Clark Alliance.
According to his profile, Clark has predicted many major market events throughout his career. He was able to know of these things as he has had a long career in investing and finance.
However, we did see many comments from various sources that criticized how limited the information is about his background. There are many subscribers as well who were not satisfied with the performance of his recommendations.
Obviously, we would ask you to do your own research so you can have an educated opinion on the company. In the end, you are investing your hard-earned money, and we want you to know all the risks involved.
Do you now know if Jeff Clark Options Trader is a fraud or not? Based on everything we discussed, are you inclined to try his services? Let us know below.