Yes I think so too, low leverage is likely faced with margin call hence will left money in account and not all money will lost, but high leverage if faced margin call hence possible occur negative equity leftSome 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.