1:1000 leverage is it really worth using?

Are in fact very good for small amounts because it allows them to trading amount, although he was much danger, but I think it's better than winning trades and a very small amount

maybe it does look for those of you who do not like a challenge at the time of trade ..
but if you use them you would greatly benefit many long time ..

it is really worth using for the traders that are having very small accounts like 100 dollars or so. the major portion of the amount is used in the trade if we make use of the lower leverages

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Originally Posted by yogesh

I cannot understand why some people using 1:1000$ leverage while your account become more risky due to this. Look in a cents account you buy .1 lot for 17 cents capital and as 10 pips is spread you enter into 10 cents loss .. now if prices move down 7 pips your account get burst and if prices move up by 10 pips you dont earn and it is from 11th pip onlward that you start earning.

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It is not leverage that can cause a blow to our account but it is the lot size which have affect on our account. The higher lot size we would take the higher risks of losing or winning fast money would be there. So I think we should learn how to use the lot size properly. If we have $100 amount then we must not take over 0.05 lot size with lite account.

using high leverage is very risky but at the same time can give higher profit and so many traders with smaller acccount goes for hiher leverage, but that is risky ,it can blow up your account if you have a margin call, that is why it will be good for lower leverage with a big account of big capital

Greater leverage profitable for traders to do a lot of order to commence trading with a small lot. because of the huge leverage that money to guarantee small so we can freely order our small capital walo

please guys, can you please help me, i can not find where i can change my leverage, so i have a leverage from 1:1000 in instatrader, so i dont want to trade, as long as i have such a high leverage!!! please let me know where i can change this!! thanks for helping me

I think leverage 1:1000 is not risky untile you make it risky. I mine if you use over 10% or 20% of you account balance or you entry big lot size then your account will be in risk. But if your strategy is good then you make big profit. But i think every trader should trade with risk management system and money management system.

Leverage do not depend on risk.It only increase your margin level to trade if you know better about forex and have proper money management then you will make easily profits.

so simple the higher leverage mean many traders opening opportunity which mean higher risking opportunity ..peoples are normally use 1:1000 when they have small amount so they wanted to open several volume of trade so they can make quicker profit .