Leverage can make or break you. I've always heard it referred to as a double-edged sword, which I'm sure has been mentioned here already. For beginners, I think the risk factor of blowing your account thanks to high leverage is even more so. I've even seen surveys where many professional traders say they stick to a leverage of around 1:100. That being said, I still think it's great to be offered the option to use high leverage, but you have to decide if it's right for you.