1:1000 leverage is it really worth using?

[Jack]

For big traders 1:1000 is perfect choice because those big players always have sufficient capital in their Forex trading account, so they can easily use it in process of get bunch of profit. Small traders who have maximum $500 capital in their trading account should avoid leverage of 1:1000, it is risky and difficult for them to handle and they may loss their all deposit due to this high leverage.

[ashvi]

1:1000 leverage is really very high leverage which gives the trader the opportunity to hold the position in too much of floating loss. Higher leverage means more free margin. But we should take the advantage of this high leverage to use very big lot size which is not in accordance with out account capital, then this leverage is useful.

[rexrip]

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.

[iTradeFx4life]

1 : 1000 achi leverage hay, hum trading may kuch maharat hasil ker kay phir itni leverage easily use ker saktay hain, iss may hamaray liay kafi asaani hay. keuun kay as newbie traders hum thoray deposit say bhi trading ker saktay hain.

[esif]

1:1000 leverage is it really worth using?

I think its worthless, because 1:500 leverage means to double your account in 20 pips only or to loss it in 18 or 17 pips (due to spread), so 1:1000 means to double your account in 10 pips only or loss it in 8 or 7 pips....

[sammy]

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.

[m.awais]

The proper use of leverage most of the time help traders a lot to protect their accounts, because trading is a business and risk must be calculated.in my point of view about this...............

[ayusri]

1:1000 is very risky, especially for the under $ 500 of capital, because it would be enormous purchasing power and facilities available for this great leverage, but leverage makes it easier instead of trading preformance especially if we are not able to trade well and with the rules of the directional this is very dangerous to our trading conditions, the best little leverage because later we will be limited to the purchase of a little thing just because it is the leverage we forbid we open the lot or large lot and we will be protected from margincall because of this leverage to raise our margins, therefore always use a little leverage in this forex trading.

[ayusri]

For novice traders should only use a little leverage because of the greater of a reverage, the greater the risk that we may suffer because of this leverage, the greater the leverage the greater purchasing power and we accept with great purchasing power los likely to margin call very large because we have to use a little leverage so that we can control our trading with leverage constraints of this and we can be successful with a little leverage because of the size of the leverage is very influential on the size advantage that we can get also reverse the losses we suffer as well as the amount of leverage is good because it should be between 1: 200 to 1:300 only.

[yola]

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.

hi friends,

i agree with you friend, but as by my experience, i have noticed that one can not do the good trades with this high leverage because if they got loss in one trade then they start revenge and lose more very quickly.
good luck