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I guess some brokers offer 1:1000 on micro, and 1:500 on regular accounts, but I have seen some also offers 1:3000 which seems to be unreal. Excessive use of leverages can claim higher damages.

I guess forex trading is a professional market where the failure ratio is more than 90 % and i guess many traders fails due to lack of patience, knowledge and consistency.

I usually used binary options trading as a main tool to hedge against my forex trades and i suggest forex traders to try it. It is quite easier than forex trading and rewarding too.

Some brokers offer 1:1000 on micro, and 1:500 on regular accounts, but I have seen some crazy offers like 1:3000 which seems unreal. However, I suggest keeping the leverage low at first to get used to the market as higher leverage might lead to higher damages.

I guess instead of going for signal services i prefer reading news on investing.com, economies.com and bloomberg etc. The signal services are usually hard to guess and they might create a lot of confusions. I am trading with multiple brokers and although they provide some good bunch of news but...

I guess the preference should be the forex trading business as it is the only legit business available online, HYIPs sites seems to be tempting as they offer too high returns which are not realistic but the greedy ones do invest with them with a hope that they might get rich over the night...

I also use skrill to fund my LMFX account as the deposits are instant and withdrawals are also safe too.

Yes but i am afraid that they might loose their money and will write bad reviews against the broker they were trading instead of admitting their mistakes. Investments have their value, and every trader join forex with a dream of making it big either with small or huge one they will expect profit...

Traders can test new brokers too using demo accounts provided by them, many traders use demo account to back test their strategies as well as their EAs.

I guess demo accounts should be traded for at least six months before going to trade live, though it seems to be bit tiring job but still it can help traders to get good hands on trading systems.

Some brokers offer 1:1000 on micro, and 1:500 on their regular accounts, but I have seen some crazy offers like 1:3000 which seems to be unreal. I guess keeping the leverages low in start can be a great idea to prevent from higher losses.

I guess leverage can be helpful but the new traders, as they are not sure of the market, should not trade with high leverages as it sometimes leads to higher damages.