1:1000 leverage is it really worth using?

[kasikal]

Instaforex give us high leverage, and for me high leverage such as 1:1000 is really worth to use. My trading account using high leverage, if i can't use 1:1000, then i will use 1:500. High leverage is the best leverage to trade with. I can't trade if there are no high leverage in the broker

[shafaat-kazmi]

i would like to say is that 1:1000 is really a very high and risky leverage. High leverage brings high profits, no doubt, but if your account is low a few pips movement against your position can wipe the account easily. Even a big balance account can face MC in case of a trend against the position due to high leverage.
so i would always insists to have a leverage below 1:200 so yeah

[thepro100]

Starting forex trading with low capital and a balance of 1/1000 is a big mistake that can make the dealer lose his account quickly even if he have some experience with the market and has made some successful trades

[rabinish]

High leverage still worth to use, there are no problem with it. A trader need more margin if they use low leverage.But with high leverage, we do not need to start our trading with big capital, but small capital will be enough. So high leverage is good and useful especially for the poor trader

[Zain Ahmed]

we have to use leverage as we needed for our trading method and we need to learn how to trade with low leverage better than take risk in our trading, Forex is not guarantee business we have to avoid greed when trading.

[rabinish]

In fact, my dear I definitely do believe that leverage 1:1000 is really a very high and risky leverage. High leverage brings high profits, no doubt, but if your account is low a few pips movement against your position can wipe the account easily.

[shribalajimaharaj]

Bhai dekho kafi baar maine 1:1000 par trading kiya hai aur dekha hai ki isse jayda se jayda risk par trading kiya ja sakta hai, jo forex trader ke liye sahi nahi hota hai, aapka capital mein lot size ki limit nahi rahti hai, aap bade volume par bahut jaldi loss kar sakte hai bhai.

trader ke liye theek rehta hai trader yaha par kam risk lekar hi trading kare aur trader ko normal leverage ka use karna chahiye jitna trader ke liye theek ho trader jyada risk leta hai trader utna hi bada loss bhi karta hai

[second]

Yes you are right leverage ko kam se kam use karna chaye ek to trader money management sahi tara kar laite hy and agar loss ho b jae to kam se kam hota hy jo b trader zayada leverage use karta hy us me greed wala element hota hy jo k bohat he risky hy

[dareking]

Bhai dekho kafi baar maine 1:1000 par trading kiya hai aur dekha hai ki isse jayda se jayda risk par trading kiya ja sakta hai, jo forex trader ke liye sahi nahi hota hai, aapka capital mein lot size ki limit nahi rahti hai, aap bade volume par bahut jaldi loss kar sakte hai bhai.

[galy]

yes when trading forex of course I consider using higher leverages like 1:1000 is absolutely not suitable for anyone.It is very risky,higher the leverage higher is the chances of loosing all our money quickly.We must not use leverage more than 1:50 to 1:100.I think it is ideal.