1:1000 leverage is it really worth using?

you can find lot of brokers which have lot of leverages and you can find only few brokers which have only one leverage i think is better which you have less leverage because you can lose all your money which you have in your account when you have higher leverage very quickly and about the risks it all depends on the trader about managing good management and a strategy that has been in used.because i think the error lies not in leverage, but the money management system and our

I agree with you buddy people are really greedy is day they just want profit the easiest way but they don't know by having high leverage they could loss their entire capital
and 1:1000 leverage is really very risky leverage because sometimes high leverage run big loss,i always avoid high leverage because traders have to set set leverage to adjust with his capital......

I think its is very dangerous to use high leverage as it can kill you account in matter of seconds. So i request you to go the normal way and don't be greedy, you will definitely earn money if you have patience and the right amount of knowledge. and well buddy in instaforex your spread isnt 10 pips, its just 3 pips. and to be honest if you open a 100$ account with 1:20 leverage then you will never be able to put more volume than 0.01, and will get rediculously low profit.

1:1000 is admittedly a awfully high and risky leverage. High leverage brings high profits, no doubt, however if your account is low a number of pips movement against your position will wipe the account simply. Even an enormous balance account will face megacycle just in case of a trend against the position because of high leverage. so i'd continuously insists to own a leverage below 1:200

the given leverage means trying to make more profit with small deposit. so if someone is use to this leverage and can handle it well .then he can make a good profit with it. but it is also risky and not suitable for newbies. i personally feel that a leverage of 1:400 or 1:500 is best for newbies and inexperience trader.
and I don't like to use leverage and using a lot leverage is like a bullshit to me.The more you take leverage the more you are risky.I think for 100$ 1:200 leverage is enough.It's better to trade without leverage.Those who want to use leverage he should select a comfortable leverage for his balance with proper analysis.

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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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you can use such amount of high leverage but you must have to confirm that you do not use high volume for your trade so that you will not lose your amount easily in the most volatile forex market. so reduce your risk at all the time when trading. and For me I know 1:1000 leverage is too much risky but is too much useful also because if you set leverage 1:1000 you can trade on gold with very low capital and earn more profit because gold is one commodity from all which gives you more and more profit with in minimum times !!