Post
Topic
Board Gambling
Re: Casino vs. Broker: Who's Really Playing You in the Money Game
by
Wind_FURY
on 01/10/2023, 11:18:49 UTC
Correct me if I am wrong as no one is the most perfect being in this world, brokers are supposed to be for forex traders? Am I wrong or right? Because I believe that comparing gambling with brokers makes no sense.

Now if we are talking about which one is more reliable my answer will be none, you want a loyal broker? You have to find one, because there are many fake brokers out there that want you use you and your money.


I believe you didn't understand. OP is debating that "Brokers" are not just "raking" in proftis through fees/commissions, but that they're also raking profits through the bids and the asks spreads, which is partly true, BUT how can they continue market-making if they keep losing money in the same market that they're market-making?

🤔

Quote

It's not that different from gambling too as there are also many fake or bad casinos online this days, for example, the crazy 1xbit casino that scams their customers and are still in the business till today, crazy, isn't that crazy?

To round up my opinion, i believe that wherever there is money there will always be bad actors who will come as your solution by they came only yo take advantage of you, some people willingly stay away from every money making online because of bad actors, they are so scared of becoming their next victims.


Read OP's post again and try to get it from his/her actual context.