1:1000 leverage is it really worth using?

[seahawks90]

now these days there are a lot of brokers who are offering their clients a huge leverage which is 1:2000, and we all know that how much this leverage is high so be careful while choosing leverages.

[spread]

i do not like this leverage in this Forex trading business. this leverage will be very risky for me. i need to take low leverage which will be very good for me. in the low leverage i will lose little money and it is low risky for us.

I also do not use high leverage as 1:1000 I think you can greater loss if you do not know how to better manage and control emotions, tips for newbies is to use low leverage would be fine with them

[makingprofit]

those leverages are not good because it can lead to higher loses you can lose all your capital in just a few minutes if enter with big lots ,, i prefer to trade just with leverage 1:200 this leverage is very good and it is not risky

[Zubaed]

We all know forex is a risky trading and 1:1000leverage increases its risk more.If you take leverage less that thats you surely can make a good profit ,so why need to make your trade too risky.I support to trade with 1:200 or something more leverage.

[yogesh]

I again got a lesson today that big leverage is always dangerious, i had two accounts, in both i opened few trades little above 1550$ level in gold, the smaller account i used leverage of 1:100 while in other i used only 1:50 when in evening i checked my account rate was 1564 and the account with leverage 1:50 shown nice profits, but when i checked other account it was already blown at around 1635 level.

[shanti]

all depend to their situationa that we do not know for it but it is a way to get margin then they can still go trade and get some chances to make grow the balance and we know that with only $ 1 the trader can make trade but they have to set the leverage with 1 : 1000 ( the lowest not the higher ) and they get themargin for open position ,,,,

[omofx]

i don't think it is worth using when you are trading with small capital ,then you are not sticking to money management rule, you will lose you trading account if you trade with high leverage and little capital

[zahidrock]

I think high leverage is very important for every trader because with high leverage they can easily avoid margin call on trading time. But with high leverage if you use high lot then it will be never helpful on your trading. So try to use money management with high leverage.

[Vandam]

Yes it worth leverage is very good when it is large because it allow you to trade as you want and to trade the maximum amount available with the minimum amount of your deposit and that is why I like broker with the high leverage

[yogesh]

the best leverage that a broker can offer and the traders can use is the 1:1000 leverage and the reason is that it is consuming lesser money from the account and then you can trade with one dollar as capital

Some time when you are extremely confident of a particular move and 90% chances you see of winning i think you may go with 1:1000 leverage, but still be ready for losing situation. Though as per the rules of safety we should use lower leverage and with that stop loss will add to safety level.