Hello Thapelo,
you are actually correct! The leverage in stocks trading gives the opportunity to the people to trade more stocks from what they can afford. Many accept it as very risky because they do not know how to use the leverage really. This is the problem. Many beginners blow their accounts because they take a too huge risk. Probably around 70% of the people lose all their money in the account within the first 1 month.
Now if 70% of the people lose quickly and they start to talk that it is risky, and leverage in stocks trading or in Forex trading will blow your account. Yes, this is what the mass of people will talk, write in forums, complain in social media and this what everyone else will hear.