I do not know why you people say high leverage will eat your balance, which is dangerous, not recommended for beginners etc. Please understand that high leverage is completely harmless unless you misuse it. If you open a lot of things with small capital then it is dangerous. So the traders are making it dangerous. Or else it is dangerous and useful because it gives more free margins. and Leverage is a double-ended sword that is good for traders who understand how to use it while it can also drain money from a trader who does not have enough knowledge about the dangers.