This is absolutely right: we do, and it is.
But the most important and relevant thing for people to know in this context, Amy, is that a broker who is giving you 1:3,000 leverage is one who has deliberately decided to prevent their customers’ accounts from being regulated by a real regulator with any realistic power or influence.
From that starting position, we can then each decide for ourselves whether or not that matters to us.
If it doesn’t, then fair enough: it doesn’t, but I hope we can all agree, whatever our overall perspective on the subject, that the big mistake for people to avoid is making the decision without first being aware of that reality. Unfortunately, many (perhaps even “most”) beginners tend not to be aware of it until it’s too late. So the more regularly it’s stressed, the better. 