Casino or Forex.

Forex traders are mostly gambling people, somewhat similar in character to casino players, but what are the similarities and what are the differences between these two sources of profit?

At first glance, it seems that playing in a casino is much easier, this is especially true for roulette and slot machines, but there are a lot of games that require not only knowledge of complex rules, but also the use of complex strategies.

It is the latter option that most often becomes a stable source of income; one of my friends has been able to pay for an apartment in Moscow for several years now through poker winnings. The most interesting thing is that he failed to achieve similar success when trading forex.

In fact, there is not much in common between Forex trading and playing in a casino, but there is one main difference – the factor of luck.

Luck.

If you receive a bad card when playing poker, you cannot change the situation, much less predict it.

It is impossible to apply a forecast in a casino; there are no fundamental factors here, and the game strategy is based only on unreliable statistics. If in a casino almost the entire game is built on luck and its correct use, then in Forex, cold calculation and knowledge of the peculiarities of exchange trading dominate.

Complexity.

Many casino players are intimidated by the complexity of Forex trading, completely forgetting that there is such a trading option as a binary option .

In its simplest version, you only need to choose 2-3 options for the outcome of the transaction, bet that the rate will fall, rise or remain unchanged. The work is carried out in a web terminal, directly on the website of the dealing center .

At the same time, the chances of winning are 50-33%, such a high probability allows us to hope for success.

Profitability.

If you simply compare the ratio of bets and the size, then in a casino this ratio will definitely be higher.

But it should be borne in mind that in order to win you rarely make one or two bets; winning is always preceded by several unsuccessful attempts. Therefore, you should evaluate the profit for a certain period, for example, a month, here the situation changes dramatically, if the program is top 20, the average profitability of traders is 120-150% per annum, try to find at least one player with a similar result.

Reliability.

There’s nothing to talk about here; most dealing centers insure their clients’ funds with international insurance companies, or have their own insurance funds, and have all the necessary licenses and permits.

Casinos, especially if they are online projects, are for the most part illegal companies that can disappear any day.

And the withdrawal of profit (winnings) is a separate topic, I personally withdrew $19,000 from the InstaForex broker , which online casino player can boast of a similar result?
After all of the above, it is not difficult to draw a conclusion - if you want thrills, play in a casino, if you need profit, trade Forex.