1:1000 leverage is it really worth using?

[palee]

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.

Every trader have their own reason to choose the leverage. 1:1000 leverage is worthy for the experts because it can reduce your capital at a very short time. For the beginners I think 1:500 is ok to trading

[Jipsy]

Leverage that is not perfect all the time. I think that Forex is a such business where a broker can give loans to do business. But it is not well all the time. We should not take high leverage but we should take big capital that is a good conceptions.

[palee]

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.

Every trader have their own reason to choose the leverage. 1:1000 leverage is worthy for the experts because it can reduce your capital at a very short time. For the beginners I think 1:500 is ok to trading

[zezoo torky]

I will suggest 1:200 for maximum and not to select more than that..
After having the confidence as an expert you can use that leverage level.

[alyba]

leverage does not effect on our profit or loss in the forex market, but higher leverage mean we can open position with higher volume and by this way we can earn big money but also we can suffer higher loss if market is going to bad direction so low leverage is better.

[tul]

Make a difference in the field. Enumerates all the same. I got confused by the 1: 1000 leverage, increased the margin. Can be a huge contract for lot sizes. If I am wrong, that describes us.

[mr kashif]

bhai forex trading main risk lena parta hai nahi to profit nahi hota hai q k agar leverage kum hoga to profit bhe kum hoga is lye bohut se trader aese karty hain auur 1:200 ye to bohut kum hota hai q k broker khud keh rahy hoty hain k hum itna leverage dengy to trader attract ho kar aur ziyada client ban jaaty hain!

[namrood]

1:1000 leverage is worthy for the experts only in my opinion as it can reduce your capital at a very short time...
For the beginners I will suggest 1:100 for maximum and not to select more than that...
After having the confidence as an expert you can use that leverage level...

[sharifhasan]

1:1000 leverage is it really worth using?

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 also don't why need 1:1000 leverage!really leverage give us extra facility?Example:if is my capital 1000$,and if I use leverage 1:1000 total balance stand 1000.1000=10,00,000.Do ues per trade 10$ volume.If Profit pips that well for good luck but if lose 100 pips lose before give margin call.So,1:1000 leverage what do help?

[kaybaba4u]

it is a very simple ideaology in the sense that you don't have to expose your trades to risk, 1:1000 leverage is a lot of risk because of the way it is the brokers have make it so simple that you can always use a smaller leverage to trade your account which is better