1:1000 leverage is it really worth using?

[submarinepirate]

best for us now. because of the protection we can not use the large lot sizes. But, when you use 1:1000, you can put all your margin, The lower the leverage, the more secure we are trading, but this is extremely dangerous for those who have not much experience.

[mdjoy133]

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[mariofx]

yes, 1:1000 is good for beginner. the expert recommend this high leverage for me, because i just trade using small money, then this high leverage is the best for me. except if i trade with larger capital, then this leverage will bad for me because its too risky to trade with big capital but with high leverage

[fxkamal00]

welcome to forex.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.good job..................................

[ghoza.li]

indeed great Laverage will bear greater risk, but I see a lot of traders who use Laverage and been fine. strategy might require them to use that big laverage. so i guess there is no problem if you try

[ASMINI]

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.

i think leverage is not not too important and risky if you know about the risk using this leverage, for example leverage 1:1000, how much percentage basically to your capital that you want to risk..because i think leverage is really helpful to the trader that just have a tiny capital..with good risk management big leverage is really helpful i think..

[aminah]

higher leverage means higher risk, yes i agree. but sometimes people can make huge profit from it. offcoure high risk high gain. some people like to take higher risk but others dont. it is only about preference

[saepudin]

actually selecting the lot size according to the account balance is most important. leverage doesn't mater if you follow your money management strictly. but to use a less leverage can save us from becoming greedy. expert trader can control their emotion but newbies can't do it at all.

[fzm]

Using the high leverage is really risky in case of begginers but for expert people they can utilize it and can gain the money from the forex trading by using high leverage. If we use the high leverage then we have to trade in very short term.

[ajit rawat]

well i think it is the best leverage for your account as it gives us the luxury to trade in metals like gold and silver even we have small account balance so i don't think it is a bad offer as it helps you to use large volume also and you can also use minimum volume also..