What does leverage mean

[vsgopinathvs]

What does leverage mean and how can I use it in the forex market - my forex broker having 1:1, 1:200, 1:500 - which one i can choose for trading account.

i have demo account which is 1:500

 

[Charles Agustin]

Leverage allows a trader to take more risk than his capability. It is considered a good opportunity for all traders.