The magnification is 1/ margin rate. If the margin rate is 10%, the magnification is110% =10 times. At this time, 1% in futures is equivalent to 10% in stocks.
This amplification is controllable. If you don't over-speculate, make futures entirely according to your own funds and don't use the capital magnification, the 1% of futures and the 1% of stocks are the same.
At this time, doing futures is less risky than doing stocks.