1:1000 leverage is it really worth using?

[maesa]

high leverage is efektit to benefit greatly in a small movement, but if there is movement that overturned just a few pips to spend capital on account, you'll use this leverage with lots put up at the combine with soup pip just be some loss in below the initial price

[salati]

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.

Yes of course , but With a large leverage like this we often become out of control and open big lots for a big profit and lose all our capital. Always use small lots whether you use small or large leverage

[cnbc88]

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 can bring more profit .
no risk - no profit

What is the riskier of leverage 1:1000 comparing with leverage 1:500? As long as you are not abusing it, certainly leverage 1:1000 will give you more benefit. The risk is not from leverage, because leverage created to help us to trade. Without leverage we can't trade with small amount.

[ToengToeng]

I don't think it would be wise to use 1:1000 leverage for any kind of traders, even for those who use the method of scalping (which includes trading in high risk). Because 1:1000 will only mean that you're greedy. Ethically, a trader would not be risking more than 10% of their capital so there's really no point of using such high leverage.

[shipluf]

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.

[cnbc88]

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 don't think you understand about leverage. With high leverage such as 1:1000, our account endurance will increase. The only thing why you get burst is because you abusing the leverage by opening position with large size volume. Your statement is not refer to leverage, but spread. Please learn again about leverage and spread, because those two are very different.

[sharabela]

So far I know, 1:1000 is quite a high leverage. Thus, it is best not to take as high leverage as 1:1000. Forex is a risky business and there is no point of taking more risk by taking such high leverage. At least this is what I believe.

[wahidaaa]

the professional traders are the ones who use this large leverage and since their strategy is very mature and refined and once they carry out some trade they are very much sure that they will be able to do good and this is the sole reason that they are able to very effectively use this mush leverage.for the new traders it is highly recommended not to use this much leverage as it can lead them to MC and they should try to use smaller leverages.

[cozard007]

In fact, the fcat in forex trading has really stepped up, the fact that the market is getting more attention is helping us in the market really, even 1:300 is the best now in the market.

[rak]

High leverage difference with the lower is the use of larger margins. And it is very risky, when the opposite position. Many traders use high leverage for speculation. I also have an account with leverage 1:1000 and 1:200, but I just put a little capital on account of leverage 1:1000.