It [I]can[/I], but the reality is that it’s much more [U]likely[/U] to, with binaries. For two main reasons …
(i) Binary options attract a higher proportion of people with a gambling mentality than forex in itself does;
(ii) With binary options, the odds are even more stacked against the newbie punter (excuse me, I mean of course “the aspiring trader”) because there’s a much bigger “house edge” to overcome.
My own feeling is that the two points above account for a significant part of the difference.