Leverage is useful if you know how to use it. In fact, without leverage it's possible to trade forex for small investor. It is because of the leverage we can open good size lot. To open a .05 lot, you would need 5000$ cash.
High leverage doe not necessarily mean higher risk. As long as you know how much value you are investing, it is the same. Leverage just demand your minimum dollar to buy your product. Yet ultimately it is all the same the value of leverage of 100 or 500.
If utliised properly with a sound risk management strategy then yes leverage is very important. The double edged sword nature of it though is that if your risk management is poor, you can blow your account quicker.
If you can't spot the liquidity then you are the liquidity.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.