FractalGo has stated on their website that every week their trading alerts generates a return of over 20% every week. They are allegedly trading for the biggest financial institutions in the world which include hedge funds and institutional money managers. No hype. No marketing. Actual results. Every alert, every tick and every result is fully documented.” Unfortunately, the above statement is an outrageous misrepresentation of actual investor accounts, as per a third party Futures brokerage.
Owner of the company, Rich Clifford, claims that his trading system can also be used to break NSA codes, and is currently being used by money managers that manage over $1.1 billion dollars. None of this ridiculousness could be verified, except for the massive investor losses.
As per the NFA, Rich Clifford has no reparations, yet he worked at 5 different money management companies. All 5 companies were charged with fraud, some were placed in court-ordered receivership, millions of dollars of investor funds went missing, and now this character reappears with a ‘magical trading’ system that can pay off the national debt in only a few trades. Only a fool, an idiot, or a financial moron would believe such financial nonsense. Yet it appears that many are willing to fork over thousands of dollars each year, based upon a fancy looking website and glossy marketing materials.
Buyer beware. Avoid like wet underwear because this is definitely an investment scam. If you want to make money as a trader, check out these trading tools.
Many readers ask how we decide who gets a review? The answer is pretty simple. We focus on the most ridiculous. We keep a master list of every known trading educator on the internet and continually monitor the landscape. We sign up for marketing emails using hundreds of dummy email addresses. All of these marketing emails are funneled into a single channel. Every single day, I wake up and read the nonsense. It’s like a gushing sewer of financial diarrhea. Wildly flowing and spewing all sorts of ridiculous investment promises.
NB: Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners. With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout In First Few Hours After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase.
The most ridiculous emails, we mark with a ‘star’ and keep a running tally of ‘stars.’ The trading educators that accumulate the most ‘stars’ move into the ‘outhouse’. That special place where we dig out the kernels and chunks of truly outrageous marketing. It’s dirty work. For the past few months, we have been silently curating a truly outrageous series of marketing emails and promotional hype from a character named Rich Clifford.
Rich Clifford is the “founder and managing director” of a company named FractalAlerts. Actually, he is the captain of stupidity for several related companies: FractalGo, FractalAlerts, and FractalAlternative. What this guy has been piping out is some of the most outrageous financial puffery that I have ever witnessed.
According to Rich Clifford, he has designed a trading system that:
Sounds pretty amazing, right? A system that won World War II!? And it delivers 28.3% per week!? Geez, that would be 1,471% per year! In only 2 years, this system would have accumulated all of the known supply of money on planet earth! Trillions in profits.
Heck, the United States Treasury could solve the 30 trillion national debt in just a few trades with this super system — that also supposedly won WWII by revealing the secret plans of the Nazis and Japanese. Who in the heck would be stupid enough to believe such outrageous nonsense? Apparently, there are plenty of suckers and fools willing to fork over thousands of dollars each year, for these supposed ‘super-secret’ trading signals.
Just have a look at this absolutely ridiculous promotional material…
With such wonderful performance promises, we would expect that Rich Clifford would be more than willing to share the names of these supposed “Banks, Hedge Funds, and Institutional Money Managers” that are supposedly profiting so greatly.
So we reached out, using an alias email and requested REAL-TIME AUDITED brokerage statements.
Rich Clifford responded that “Yes, we have banks and brokerages tracking and using our programs, but access to that information is not something we can provide. They use it for their own trading.”
So we are supposed to simply trust this character, and hope for the best? Nope. I needed to keep digging.
Next, I reached out to TradeStation.com, which is heavily promoting this ridiculousness. I asked the broker if he had any supporting documentation that supported these outrageous performance claims. He responded that, “you should be very careful” and “we see this sort of stuff all the time.” He concluded, “I recommend that you check with the National Futures Association and the Commodity Futures Trading Commission for any information on the person running this company.”
The NFA has a licensing directory, and it shows that Rich Clifford was previously registered as a principle, registered person–which is great.
A deeper search reveals that Rich Clifford has no reparations or regulator actions filed against him. That’s even better!
However, a deeper dig reveals that many of the companies he was registered, were charged with FRAUD.
Is this just some sort of weird coincidence? Look at this list of companies and affiliations–it absolutely makes us shutter. The owner of fractalgo appears to have moved around like a financial venereal disease, leaving behind an absolute train wreck for investors, in our opinion. Stick to these highly recommended trading products.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More