About Leverage.

Leverage can be the advantage and disadvantage both for the Forex traders. You can use your leverage according to the broker. Mostly the brokers provide leverage of 200:1 or 400:1 and so on.

Some advantages:
With high leverage in Forex you can multiply your funds. Your ability in transaction will be much more higher.High leverage can be used as weapon to get high profit in Forex. With a minimum capital you can be able to compete in Forex trade and there is a minimum risk factor too. Other markets in the world do not provide as much leverage as Forex which is attracting many traders.
        
Some disadvantages:
                                     In Forex it doesn't matter how good trader you are and how good your system is but you can lose all of your account in a single bad trade. Making money with high leverage in Forex is lot easier but can lose your all the capital in a single bad trade. You are loosing more than 3 times and you are using high leverage then you are out of the market very soon.

If you are there to trade in good times and are using high leverage then you are there to make high profit.