I'm very curious of this question, really.
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how am I able use $1 to make $1,000,000 in forex?
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Dont know about millions but you can start earning in FOREX without investing even $1.
How?
There are lots of ways but first of all Master FOREX trading.
1st way-
After mastering FOREX, start participating in FOREX contests ( Roboforex.com,fbs.com,octafx.com,etc contests)
2nd way-
Start your own FOREX signal services.
3rd way-
Look for genuine NO DEPOSIT BONUS/ WELCOME BONUS.
Our forum has all necessary tutorials & software's to master FOREX trading.
Thing is what you want?
1.MONEY
or
2.FINDING BEST TRADING SETUP
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I think the OP does not mean he is lacking money and only has $1 in his savings account, which is unlikely, but wants to trade forex.
Instead, the OP wants to know how to turn $1 into $1M by trading forex and probably hoping for answer involving the leverage needed, trade size, money management, etc. which is more like an intellectual quest.
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To give you results from a real life experience, I have managed to grow real accounts from $1 to $10 several times. I have managed to grow real accounts from $10 to $60 and 80 a few times. I have managed to grow real accounts from $30 to $500 a few times. Once I managed to grow an account from $100 to $10,000 in less than 2 weeks, and another time from $64 to $27,000 in 2.5 months. I managed to grow demo accounts from $3000 to $186,000 in 7-8 trading days, and once I did grow a demo account from $100,000 to $11 Million in less than 3 weeks.
It is possible to grow $1 to $1million but its not easy.
You need to know one thing, don't try to grow the account aiming for 100-200 pips. Its very unlikely to work like that, You should target 10-30 pips on every position. You will need a 1:500 leverage account, and you can trade with 3 lots for every $1000 balance in the account.
I hope that helps.
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