1:1000 leverage is it really worth using?

[Josh Fisher]

When I had my first account, I used 1:1000 leverage in ********, I learned that having more leverage means we will have less margin which is not good at all for traders because the pip movement is less and therefore it can easily be a huge loss when we will be trying to trade with huge lots.

[Mouldi khemiri]

hi friend i think it is true if the leaverage up to 1:4 so you
account is risky so you life in forex to be end

[RMCF�]

i my opinion , too less and too much is bad . the leverage should be in between 1:200 - 1:500 . it will be risky but a little And the results of greediness is we all know. Greediness has no place in this business its a quality which brings down a trader.

[bishar]

In my opnion leaverage do not effect your trades if you know how to trade in forex market. And most probabaly if you know what is the money managment.The leverages will make difference in margin. You show one example, that is same for all leverages. I got confused by this, if you use 1:1000 leverage then your margin is increased.

[solamanaulia6664]

High leverage put high impact for our balance. But with high leverage we can trade with small money but will earn more profit from it. so it depends to use for us, if you all want to safe you balance more better use small leverage, but if want big profit must use big leverage.

[dasar]

can have big leverage is big doalr too n make the loss to high too too less and too much is bad . the leverage should be in between 1:200 - 1:500 . it will be risky but a little and can bring more profit .
no risk - no profit
it is worthy to take some risk

[flavfx]

those traders engaged in the practice of day trading, brokerage firms,
and even individual brokers, will often negotiate a discounted margin
rate offering more leverage than is granted to traders who are holding
positions overnight (as defined as beyond the close). For the purpose
quoted in inverse terms (to be explained later). Secondly, FX contracts

[asingh601]

bhaiya ji 1:1000 waise to kafi jayda risky hota hain lekin fir bhi hum chahe to itna high leverage ka istemaal kar sakte hain main to khair karta hu lekin nuksan ka chance kafi jayda hota hain bhaiya ji

satya kaha apne 1:1000 leverage accha hai hamare liye hamen risk isme accha le sakte hain aur pura margin hamare liye khul jata hai jis se hamara loss margin kar dayra badh jata hai aur loss hamen jaldi nahi hota margin ka market mud jane se hamara fayda jaldi ho jata hai,

[fxgm]

People will invest only to gain huge profit in less period but most of the time so many people lose instead of gaining any profit.so we have to be careful when using such huge leverage.

[sariful]

1:1000 is really a very high and risky leverage. High leverage brings high profits, no doubt, but if your account is low a few pips movement against your position can account easily. Even a big balance account can face MC in case of a trend against the position due to high leverage.