1:1000 leverage is it really worth using?

[torquee]

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

[ex22]

individuals invest just to obtain huge profit in fewer period but the majority of the time a lot of people lose rather of gaining any profit.so we have to become careful when utilizing such huge leverage

[irungu10]

these is a very risky leverage in that the one doller you invest has madae you 1000 more free and the much you are given the more you gain in these forex, forex market is always about what you are given you are ruinning your account using these kind of a leverage and these is so becase the much the market gives you the much the market takes when you lose.

[syphertob]

Even a big balance account can face MC in case of a trend against the position due to high leverage and if trade goes against your expectations you dont loose much and so i use a leverage that is less than 100 so we have to be careful when using such huge leverage.

[masudraj]

I know 1:1000 leverage is simply too abundant risky however is simply too abundant helpful conjointly as a result of if you set leverage 1:1000 you'll trade on gold with terribly low capital and earn a lot of profit as a result of gold is one commodity from all which supplies you a lot of and a lot of profit with in minimum time.

[shompa]

I want to know about it.

[saviour196]

you are right yogesh i am agree with you and i have never taken this much risk and never go for , i am usually used to use leverage 1:500 or 1:600 that is the i found best for trading and it will give you some thing and loss risk is less.

[riddick09]

i do not think using high leverage is worth using because leverage is the main reason to eat up the forex money that you invested. so it is better to use low leverage and it should help in making the capital grow.. we should not greed in forex and we should not gamble with the capital it is a business which can give lot of money ,, be patient

So what will you expect to have 1:1 leverage then its worthy is that so? So if you have only 10 or 20 dollars in your trading account then just 10-20 pips you blown your trading account. That's why we have higher leverage because of this factor and for sure you can survive in the market for a longer time with the high leverage expect to have the 1:1000 as the highest and for sure you will not be easy to have MC and can monitor the market.

[Rizwan]

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

The leverage is very useful in our trade. Without leverage so many traders won't meet the requirements for trading. I think it is about 100,000 units required to start up for trading but with the help of leverage with a capital of $100 and a leverage of 1:200 you already have a buying power of $2000. I use a leverage of 1:400 and I never trade without leverage.

[Rabon]

I think its very very very riskable for a trader. higher leverage may harmful for a person.