1:1000 leverage is it really worth using?

[Mohosin01]

I think 1:1000 leverage is not a good leverage. More leverage more chance to loss. So less leverage is best. In my view 1:100 leverage is standard leverage.

[cfxsignals]

Certainly not, you cannot get 1000x leverage when you are trading. If you try and do this then you will eventually cause massive problems for yourself because you will be overtrading and overleveraged. You will eventually lose all your money this way.

[hector]

some people using this higher leverage because they trade with small capital
personally i use this leverage because i dont have big capital, another people use it if they are trading scalping
because they need to open big lots to hunt some pips

[10pips]

it's a very bad thing to use a leverage like this and it's too risky also but in some time you can use it to make as many orders as you can but only if you are sure of what you are doing , but i think in the normal situations 1:400 is the best option

i do not think that is bad, i have also using it too, some time it is to giving us more chance to got the profit when we are using that leverage on make the trading on the forex but maybe that is right some time that is not good to use too

[malik]

Nowadays you can have even a 1:1000 leverage but this leverage is too big for new traders and even experienced traders try to avoid it. A 1:400 leverage is acceptable.
leverage is the facility that your broker gives you to enable you to manage bigger amount of money using a smaller amount of money.

Bhai aap kay liye 1:10 say higher koi bhhi leverage safe naheen hay, leverage sirf sirf aap ko purchasing power ko brhata hay aur kuch kaam naheen hay leverage ka. Aap nain agar apny account ki protection karna hay to wo capital management aur MM say ho ho saktee hay.

[gigiheka]

Nowadays you can have even a 1:1000 leverage but this leverage is too big for new traders and even experienced traders try to avoid it. A 1:400 leverage is acceptable.
leverage is the facility that your broker gives you to enable you to manage bigger amount of money using a smaller amount of money.

[anush]

you staleness be certain when you use leverage 1:1000, because if you do not person a angelical psychology, then you can pee trades with a intensity surpassing your capital, and this is rattling insidious to your margin.

[manav14386]

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.

leverage can be either very profitable or very dangerous when used in forex..it does offer you the chance to boost your profits considerably but it can also bring losses that are just as big...the more leverage you use, the bigger your risk but also the potential rewards..the trader temperament and style of forex trading is important....

[angle]

Its very risky to trade using such a levarage such a levarage may couse the collups of your business and its not worth loosing for if you gain its maybe because of pure luck.

[malik]

I always prefer to use 1:1000 leverage.Because it helps to use big lot and open more trades in danger.Sometimes our trades remain under huge loss and a few more loss can make our account zero.In this situation, equity is low and free margin is not enough.So we need to open an opposite trade to save account which is not possible if leverage is small.

You are right mate, i am also among those who love to trade with higher leverage, I think higher leverage is not bad at all and it helps us most of the times to grow our equity from small capital. We can reduce our risks by managing our lot sizes will in normal trading operations without reducing the leverage.