As a newcomer to the forex industry, many traders have lost huge sums of money because of their high debt levels. Without adequate risk and effective financial management, a significant leverage effect is the most dangerous in the foreign exchange market. Thus, despite strong leverage, I still use leverage of 1: 500 on the foreign exchange market. But my AAFX broker gives me a flexible margin of 1: 2000. The trader always tries to make the most of the demo account.