It is possible to profit from forex trading without using leverage. However, it should be noted that it usually results in smaller profits (or losses) than trading with leverage, but it does give the trader more control over his or her account.
Leverage can be a great tool if it used correctly and we manage our risk.leverage causes a great risk for all time if you do not have most powerful analyzing trade knowledge and experience.
trading without leverage on forex will be tough to make a decent profit unless you have alot of capital cause the movement isnt big enough for small position to make a good profit.