sometimes leverage could be more dangerous if there is no regular level of professional money management , so before using leverage make good money management. thanks
right now newcomers trade by low leverage in a real account but they use high leverage in a demo account to see the performance how it works. its very good sign.
If you trade forex then you will need some leverage cause I don't think beginners will start trading with a big investment (which they shouldn't) so you can still make some profit with your trades but I suggest keeping it low from 1:50 to max 1:200
Leverage is a difficult tool to handle when you have no market experience. Firstly, obtain trading experience with low leverage to see at what level you are. As leverage increases your risk instantly, you must be able to manage your risks properly so that losses don’t affect your normal living.
If you are still a beginner and learning how to trade currencies, a lower leverage might be more appropriate. You should not go beyond a level which makes you uncomfortable in trading. Moreover, while using leverage, traders should always use trailing stop loss to reduce the downsides and preserve trading capital.
leverage is an important financial tool which an investor should consider when choosing a broker , its a very risky financial tool.
newcomers should not use leverage in a real account , because the result of using leverage with no strong money management could be dangerous.
If your new I would keep it low. I use unregulated brokers for higher leverage to increase my profits quickly. But it’s not for a newbie, I’ve paid my dues and made my mistakes, takes time to learn how to manage your entries surrounding higher leverage and risk.
If you’re looking for the highest leverage offshore brokers typically offer that, while up to 1:30 is common for a lot of regulated ones. As a beginner, you may want to start with a smaller leverage as it can be dangerous but it would be good to have the option to use higher leverage later down the road.