ForexGen

Trade Around the Clock

forexgenwin — Thu, 20 Mar 2008 15:49:52 +0000

The forex market is a near-seamless 24-hour market. Subject to available liquidity, Forexgen offers trading from Sunday, starting after 11:00 PM EST, until Friday, 11PM, EST (Forexgen Client Service is available 24/7). With the ability to trade around the clock, currency traders have the advantage of customizing their own trading schedule; they can usually get in or out of the market at any time without waiting for an opening bell or encountering a market gap. While trading stocks after usual market hours is possible, very often that possibility is negated by a lack of order flow or a drastic widening of the bid-ask spread.

Pay No Commissions*

In the forex market costs are confined to the bid-ask spread. Forexgen charges no commission or additional transaction fees, and its customer's trade on spreads provided to Forexgen by some of the world’s largest banks via the FX Trading Station. In the stock market, “no-fee” programs are frequently offered only with provisos mandating minimum account balances or minimum trades per month.

No Uptick Rule

Unlike the equity market, there is no restriction on short selling in the forex currency market, no matter which way the market is moving. Since currency trading involves buying one currency and selling another, a trader has the same ability to trade in a rising market as in a falling one.

Visit us at : www.forexgen.com

Trade Around the Clock

forexgenwin — Thu, 20 Mar 2008 15:49:41 +0000

Pay No Commissions*

No Uptick Rule

Visit us at : www.forexgen.com

ForexGen principals:

forexgenwin — Thu, 20 Mar 2008 15:47:48 +0000

ForexGen customer satisfaction is our major objective. To reach our business goals, we strive to put our client's goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.

The ForexGen's provided services are all restricted and regulated by the international banking and financial regulatory standards. All our provided activities are supported by creativeness and modernization. Ambitious & motivated employees are working simultaneously to protect the customer's confidentiality. ForexGen is continuously providing the market's most competitive conditions.
ForexGen complies with the trade commissions in the USA, EU and Australia. Being registered by the commercial authorities in 18+ countries, we adhere to the United Nations Commission on International Trade Law (UNCITRAL).

Visit us at: www.forexgen.com

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Contract Specifications

forexgenwin — Thu, 20 Mar 2008 15:39:57 +0000

• ForexGen is specialized in dealing spots, future and stocks; our clients can trade gold, silver, currencies spots and futures.

• For faster, more efficient and successful trading, ForexGen provides the result of online trading experience performed in ForexGen Trading Station which allows our clients to trade live streaming prices without a request for quote and with low spread forex trading.

• ForexGen's dealing room operates 24 hours a day from Sunday 23:00 CET until Friday 23.00 CET.

• The minimum amount to open an account is $250 USD.

• Lot is a predefined amount of a currency.

Important notice: all defined spreads above are targeted spreads, in volatile market situations and in important news or announcements, the above mentioned spreads can be increased for any pair. ForexGen reserve the right to change the values mentioned above at any time for any reason; a notification e-mail shall be sent to all clients to acknowledge any change in the contracts specifications.

How to trade Mini and Micro Lots
All ForexGen clients have the possibility to trade Mini and Micro Lots. The minimum amount clients can trade in Standard Account is 0.1 lot, i.e. 10,000 of the base currency (Mini Lot), The minimum amount clients can trade in Mini Account is 0.1 lot, i.e. 1,000 of the base Currency (Micro Lot).
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Withdrawal of Funds

forexgenwin — Thu, 20 Mar 2008 15:34:58 +0000

Traders can withdraw money from the trading account in a simple and fast way.

Withdrawal to a bank account:

1. Login to your account using your user name and password.

2. Click on "Manage accounts" link on the left menu.

3. Select to submit new withdraw transaction.

Withdrawal to an e-gold account:

Click on "Manage accounts" link on the left menu.

Select to submit new withdraw transaction.

Withdrawal requests are processed during the same business day. Please allow a few hours for the accounting department to process and clear the payment. Funds may take more time before it arrives to your bank account depending on the bank and location and also the time the wire transfer request is issued.

Visit us at : www.forexgen.com

Expert Advisors

forexgenwin — Thu, 20 Mar 2008 15:31:46 +0000

Expert Advisors are used to automate the trading process and relieve traders from constantly performing the day to day trading activities. Many experienced traders apply multiple automated trading strategies and make them operate in different market situations and with a variety of conditions.

ForexGen traders will have the opportunity to write and test their trading strategies in the well-known, easy to use, popular and used strong analytical development package, which is MetaQuotes Language 4 (MQL 4) developed by http://www.metaquotes.net/.

With ForexGen client expert advisor tool there will always be a way, by which experienced traders can link the signals generated by the trading systems with their trading accounts, and link them in such a way to be able to track and manage their opened positions, placed orders and stops at any given moment.

What is an Expert Advisor?

It is a mechanical trading system (MTS) written in specialized language which is MetaQuotes Language 4 (MQL 4) and linked to a trading chart. An Expert Advisor has the capability to notify traders of the trading, chances and also to automatically execute positions in their trading account, sending them directly to the trading server. Like all experts systems, Expert Advisors supports the testing of strategies with historical data, with the trade entry/exit points being represented on the charts. Furthermore, the executable code of the Expert Advisor is stored separately from its source text

Starring in writing your custom Expert Advisor has never been easier. To be able do so, traders only need to learn how to use a very simple language - the MQL 4.

There is a great variety of trading strategies developed by a lot of traders using MQL4 language and ForexGen traders can depend on it as a good start to get familiar with MQL4 language and allow traders to incorporate the previously accumulated experience.

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Risk Warning & Disclaimer

forexgenwin — Thu, 20 Mar 2008 15:27:33 +0000

Risk Warning

According to the International Trade Commission foreign exchange trading is a highly risked prospect which is not appropriate for all investors as any currencies transaction is exposed to a risk. Forex Trading is a risked opportunity where returns exceed the average only with those investors with the experience and the required knowledge.

Online trading in Forex market should be proceeded by principal factors that must be considered carefully such as the objectives and scope of investment, adequate level of experience, and psychological self control. A loss should always be affordable before deciding to make a trade.

The turbulent and volatile nature of the Forex market proportionally affects the deposited funds which might affect it positively or negatively. The possibility that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position.

Failure to watch margin calls within the time frame, will result in liquidation of the positions and trader will be responsible for the loss occurred by this liquidation.

Trading without a well built strategy and money management policy is a highly risked practice.

The main reason that most traders lose their capital is that $the traders are not able to understand the real nature of the market in which they are operating.

As stated by the Australian Trade Commission trading in the Forex market usually requires a tremendous level of understanding and self discipline to achieve success and profitability. It also requires the consistent application of well tested trading strategies and rules, with solid commitment. A trader should always comply with the rules and legalization made by the local authorities.

Visit us at : www.forexgen.com

FOREX EDUCATION, FOREX TRAINING IN CURRENCY TRADING

forexgenwin — Thu, 20 Mar 2008 15:25:57 +0000

Newcomers to Forex will recognise their need for training, but “old hands” should continue to refresh and upgrade their knowledge too.

I’ve coined the phrase: “stop learning - stop earning” and it really is important that you maintain your intake of relevant information for your entire trading life. The market changes, tactics change, methods change and if you aren’t careful, your earnings could change too.

Here are some very good courses in currency trading, not only for newcomers but also those already learning Forex Trading online. If they seem expensive, do bear in mind that Forex is a big money activity – trillions of dollars are traded EVERY DAY on the markets and many traders (including newcomers) earn more than a million dollars per annum.

Want to learn the secrets of top Forex traders?

Visit us at : www.forexgen.com

White label with forexgen

forexgenwin — Thu, 20 Mar 2008 15:22:41 +0000

Forex White Label partnership allows the trader a quick access to the online foreign currency exchange market.

ForexGen provides two types of trading White Label partnerships, a limited and a full solution. ForexGen different types of forex White Label partners are able to access ForexGen's trading platform entirely branded under each partner's unique company image and name. We provide a customizable online trading platform for the different types of the two White Label solutions.

Full White Label

We provide 'full White Label partnership' to match the needs of the regulated companies and organizations that have a legal authorization to hold clients' funds. Our online trading platform is the most qualified online trading software in addition to an experience based infrastructure, but the full White Label partner is responsible for all administrative work and of all contact with their clients, i.e. opening of accounts.

Limited White Label

Limited White Label partners are also offered to access our customized online trading platform but their customers have to open a direct forex trading account with ForexGen Investments. Consequently, limited White Label partners could be not regulated by a financial authority as they will not hold customers' funds. This service permits the customer to manage his trading actions freely without vast administrative paperwork.

Visit us at : www.forexgen.com

Patterns Recognizer

forexgenwin — Thu, 20 Mar 2008 15:20:29 +0000

Technical analysts in the Forex market found that by observing the candlesticks patterns, there are recurring patterns on the candlestick charts. Such patterns are like recurring pictures on the candlestick charts and they tend to occur when a trend is about to end or reverse its direction. The patterns are a very good visual representation of the price movements and it give traders a good view of what is likely to happen next in the market.

Why are candlesticks patterns important? The answer for this question is quite simple because candlesticks represent true status of what is going on in the market at the current moment. If a candlestick range is tight, this means that the market range for the trading day was very tight. If this narrow candle range appears after a strong up-trend, it may be a strong indication that the market there is a bearish power have now entered the market more aggressively, and it's strongly suggesting that the price may fall down.

Finally, candlesticks patterns can be easily used to determine potential reversals of the current trends in the market - most likely when used at the same time with other technical indicators. By constantly observing the candlestick patterns, traders can observe potential reversals of trends and have good opportunities to join the market with strong indication of what will go on next.

Visit us at : www.forexgen.com