I personally use 1.200,
1.10 is quite okay and it also depends on your level of professionalism in your trade, as a professional I can't use such parameters after spending hours analysing a trade, most professional use between the range of 1.50 to 1.1000, but is a good start, you level of risk exposure is quite low.
Please not leverage gives you to ability to execute a large trade with little money. Note your risk exposure is tied to your standard lot size and not leverage. Cheers 🙏