Today we are going to review a new binary options scam called the Dow Jones Focus Group. It is presented by Jeffery Richards.
What it is about
This trading system was already tested back in 2014 and will be tested again this year.
Richard says that last year people made about $8000 in average, this year it should be more. Equinox is supposed to be a trading system developed by Dow Jones to generate winning trades and raise the index.
Why is the Dow Jones Focus Group a scam
Anybody who knows something about trading must be already laughing, Dow Jones developing a trading software to raise its value and making this system available to the public? Nonsense.
But there are some tangible proofs even for people who are completely new to trading.
- Richards says that Equinox trades only the Dow Jones index. But look at the image from the trading system, it trades binary options on all sorts of assets. In reality you cannot trade binary options on the Dow Jones exchange, so Equinox obviously does not have anything in common with Dow Jones!
- Richards says that trading results are verified. But by whom? We don’t see any verification whatsoever.
On the Dow Jones Focus Group web page you can see some screenshots of articles about Equinox which supposedly were published in respectable media.
But they are fake. Just type in google some of the titles, put them in quotes and you will see that these article do not exist! There has not been a single article about Equinox published by CNN, Sky News, Business Insider or any other media. You can contact these media and see for yourself that the testimonials about the Dow Focus Group are faked.
The Dow Jones Focus Group is in fact just an ordinary binary options scam that abuses famous names and marks. The only purpose of this project is to make you open a binary options trading account with their broker and deposit money into it, because it will generate commissions to people behind the Dow Jones Focus Group.
And because they have a generous affiliate program, you will also find a lot of fake reviews of this system on supposedly fair web sites like the BinaryOptionsWatchDog.com. They all are after your money, so beware. If you start trading with the Equinox system, you will lose your deposit.
Profits in trading come only with learning, testing on a free demo and building your own approach. This is the way you can make money on binary options.