Is 1:1000 leverage really profitable for small capital?

[Bambang Sugiarto]

How much does leverage affect margin, and how can you manage risk to stay safe when using this much leverage? Is high leverage suitable for beginners, or does it just accelerate losses?

[arabitech]

Higher the leverage and higher the chances of losses if the odd turn against us so the new traders being unaware of the market conditions should keep the leverage low in start.

[bluemac]

Some brokers like hfm etc offers leverage of up to 1:400 on regular and 1:1000 on micro accounts while some crazy offers in the market like 1:3000 which seems pretty unrealistic to me. New traders being unaware of the market conditions should keep the leverage low because it may bring damages as well.