Leverage is very useful for traders who do not have a lot of money to trade. But I think new traders should not take more leverage. The more you take the more leverage you risk increase. think it would be nice if the trader took 1: 200 leverage !! and for me I use 1: 500 and it is very good for me but using this leverage requires you to have more skills and more experience in this business because it is not easy to trade with this leverage and you do not have a pretty very dangerous skill .