name: forexgen best broker
Forexgen Special Promotion for New Clients
31 March, 2008
Forexgen Special Promotion for New Clients
Free cash bonus when you open your new live account within the next 30 days. You will receive a FREE cash bonus which will be added to your trading account. The cash bonus depends on the account type you open.
|
Account Type |
Free Cash Bonus |
|
Mini Account |
10% of your deposit maximum $250 |
|
Standard Account |
10% of your deposit maximum $500 |
To be able to withdraw your free cash bonus, you need at least to open 20 trading lots in period not exceeds 3 months. For more information about our current and future promotions, contact one of our customers support agents at promotions@forexgen.com , or you can chat with our representatives, you can also request a call back from one of our agents by sending us your contact number and the best time we can reach you.
To know more promotions join us at this link: http://forexgen.com/promotions/index.php
Visit us at: www.forexgen.com
src="http://badge.facebook.com/badge/1121594302.6.861734915.js"></script><noscript><a href="http://www.facebook.com/people/Forex_Gen/1121594302">Forex Gen's Facebook profile</a></noscript>
Forexgen Live Accounts Contest
Trade, Compete, and Win - Begins the 1st of Every Month!
ForexGen has the pleasure to announce the launching of its first monthly Live Accounts contest,
this is a live trading competition open for all live mini account holders. At the beginning of each month, the slate is wiped clean and traders have a new opportunity to win the monthly prizes.
What makes this contest unique?
All prizes are CASH prizes with no restrictions on withdrawing the prize money!
How Do I Enter?
You don't have to pay any fee to enter this contest, all ForexGen mini Accounts with a balance of "$1000" and a default leverage of 1:200 are entitled to participate in this contest upon their account holder request by sending an e-mail request on live.contest@forexgen.com including their "live Account Number".
By the end of each month, the highest 5 accounts with the highest profits (including floating P/L) will be granted the following prizes:
First place: 50% of the account profit
Second place: 40% of the account profit
Third place: 30% of the account profit
Fourth place: 20% of the account profit
Fifth place: 10% of the account profit
(Profits will be added to the live account balance)
The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.
Winners will be announced by the 15th of the following month. For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com , or you can chat with our representatives
You can also request a call back from one of our agents by sending us your contact number and the best time we can reach you.
to know more promotions join us at this link:
http://forexgen.com/promotions/index.php
Visit us at: www.forexgen.com
src="http://badge.facebook.com/badge/1121594302.6.861734915.js"></script><noscript><a href="http://www.facebook.com/people/Forex_Gen/1121594302">Forex Gen's Facebook profile</a></noscript>
Win Cash Prizes with Forexgen
ForexGen has the pleasure to announce the launching of the Demo Account contest on the first of every month.
Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.com including the following information:
- Full name:
- Phone number
Also provide us with the following identification document:
"Certified copy of the information pages of account holder current valid passport or government issued photo ID"
After we receive your request we will provide you with further details and with your demo account login information which will be used in the trading contest.
By the end of each contest:
1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit
2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit
3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.
The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.
For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com , or you can chat with our representatives, you can also request a call back from one of our agents by sending us your contact number and the best time we can reach you.
to know more promotions join us at this link: http://forexgen.com/promotions/index.php
Visit us at: www.forexgen.com
src="http://badge.facebook.com/badge/1121594302.6.861734915.js"></script><noscript><a href="http://www.facebook.com/people/Forex_Gen/1121594302">Forex Gen's Facebook profile</a></noscript
Refer a Client to FOREXGEN
If you have any friends who trade in the Forex market, and may be interested in joining. ForexGen.com, why not get a FREE cash bonus from their trading activities? The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met:
1. The referred party has opened a live standard account of at least $2,500 USD and has traded 20 round turn lots.
2. The referred party has opened a live mini account of at least $250 USD and trades 20 round turn lot, the referring party receives $10 to their ForexGen account.
For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com , or you can talk with one of our representatives on the live chat.
Also, you can request a call back from one of our agents stating the best time we can call you back.
To know more promotions join us at this link: http://forexgen.com/promotions/index.php
Visit us at: www.forexgen.com
src="http://badge.facebook.com/badge/1121594302.6.861734915.js"></script><noscript><a href="http://www.facebook.com/people/Forex_Gen/1121594302">Forex Gen's Facebook profile</a></noscript>
Market News with ForexGen
31 March, 2008
China's Feb. trade surplus shrinks 63 per cent; gap with U.S.A., Europe narrows
BEIJING - China's politically sensitive trade surplus plunged in February as
U.S. and European demand for Chinese goods weakened and
Canadian Business, 10/03/2008 07:44
American Axle, UAW to resume negotiations Monday
DETROIT - Negotiations between the United Auto Workers and auto parts maker American
Axle and Manufacturing Holdings Inc. have
Canadian Business, 10/03/2008 07:41
Big fall in China's trade surplus
China's trade surplus unexpectedly falls sharply in February, and there are
warning signs on inflation.
BBC Business, 10/03/2008 07:13
BA pilot strike talks break down
Talks to avert a strike by pilots over BA plans to launch a new transatlantic
subsidiary collapse.
BBC Business, 10/03/2008 07:11
5 money books to change your life
It's not often that a book on personal finance has something new to contribute.
Here are a few that do.
MSN Money, 10/03/2008 07:01
A stock as solid as concrete
Shares of Cemex are down, but this century-old
company is far from out. It gets a perfect five-star rating in.
MSN Money, 10/03/2008 07:01
Alkermes Shares Fall on Insulin Program (AP)
Shares of Alkermes Inc. fell Friday after the biotechnology company said it
expects partner Eli Lilly and Co. to end.
Yahoo US markets, 10/03/2008 06:58
Where to stash college savings
The tax incentives of an in-state 529 plan are obvious, but the benefits may
not be as great as they.
MSN Money, 10/03/2008 07:01
Next shoe to drop: Prime mortgages
The credit crunch is cutting a broad swath across the economy, and it's hard to
know how far it will.
MSN Money, 10/03/2008 07:01
Ambac Shares Rise After Stock Sale (AP)
Ambac Financial Group Inc.'s stock rose Friday after the bond insurer unveiled
plans to sell a big piece of itself.
Yahoo US markets, 10/03/2008 06:58
Alnylam Shares Fall on Program Concerns (AP)
Shares of Alnylam Pharmaceuticals Inc. tumbled Friday over concerns that the
biotechnology company may be moving too slowly in developing.
Yahoo US markets, 10/03/2008 06:58
US auto sector ratings not yet hit by American Axle strike - S&P -
CNNMoney.com
WZZM.
Google Business News, 10/03/2008 06:52
Boeing Shares Drop on 787 Delay Report (AP)
Shares of Boeing Co. fell Friday after an analyst indicated possible delays
with the aircraft maker's much-anticipated 787 deliveries.
Yahoo US markets, 10/03/2008 06:58
Big Lots Shares Rise on 'Buy' Rating (AP)
Shares of Big Lots Inc. rose on Friday as an analyst said the closeout retailer
is poised for growth and.
Yahoo US markets, 10/03/2008 06:58
Chevron, Mitsui Oil to launch 3.1 bln usd gas project in Thailand - CNNMoney.com
Boston Globe.
Google Business News, 10/03/2008 06:48
Business Events for the Coming Week (AP)
Major business events and economic events scheduled for the coming week :
MONDAY, March 10 WASHINGTON -- Treasury bill auction.
Yahoo US markets, 10/03/2008 06:58
Credicorp Shares Dip on Citi Downgrade (AP)
Shares of Credicorp Ltd. slipped Friday after a Citi Investment Research
analyst downgraded the company, saying the stock price is.
Yahoo US markets, 10/03/2008 06:58
India Fin Min: Government, RBI To Monitor Capital Inflows
India Fin Min: Government, RBI To Monitor Capital Inflows.
Dow Jones Newswires, 10/03/2008 06:48
Investors Eye Retail, Inflation Data (AP)
This week on Wall Street, investors will find out if consumers' worries about
housing, jobs and rising prices are affecting.
Different Types of Forex Orders with ForexGen
A trader has at his disposal different types of orders to make FOREX trades. A clear understanding of each
type of order is necessary to be a successful FOREX trader.
Market Order – is an order to buy or sell at the current market price. They can
be used to enter or exit a trade.
Market orders should be used with care because in fast-moving markets there may
be a difference between the price seen at the time a market order is given and
the actual price of the transaction. This is due to slippage – the amount the
market moves in the few seconds between giving an order and having it executed.
Slippage could result in a loss or gain of several pips.
Limit Order – is an order to buy or sell at a certain limit. They can be used
to buy currency below the market price or sell currency above the market price.
When buying, your order is executed when the market falls to your limit order
price. When selling, your order is executed when the market rises to your limit
order price. There is no slippage with limit orders.
Stop Order – is an order to buy above the market or to sell below the market.
They are most commonly used as stop-loss orders to limit losses if the market
moves contrary to what the trader expected. A stop-loss order will sell the
currency if the market falls below the point set by the trader.
One Cancels the Other (OCO) – this order is used when placing a limit order and
a stop-loss order at the same time. If either order is executed the other is
cancelled, allowing the trader to make a transaction without monitoring the
market. If the market falls, the stop-loss order will be executed, but if the
market rises to the level of the limit order, the currency will be sold at a
profit.
http://www.forexgen.com/
* Example OCO Transaction:
Buy: 1 standard lot EUR/USD @ 1.3228 = $132,280
Pip Value: 1 pip = $10
Stop-Loss: 1.3203
Limit: 1.3328
This is an order to buy US dollars at 1.3328 and to sell them if they fall to
1.3203 (resulting in a loss of 25 pips or $250) or to sell them if they rise to
1.3328 (resulting in a profit of 100 pips or $1,000).
* Here's another example:
The current bid/ask price for US dollars and Canadian dollars is
USD/CDN 1.2152/57
...meaning you can buy $1 US for 1.2152 CDN or sell 1.2157 CDN for $1 US.
If you think that the US dollar (USD) is undervalued against the Canadian
dollar (CDN) you would buy USD (simultaneously selling CDN) and wait for the US
dollar to rise.
This is the transaction: Buy USD: 1 standard lot USD/CDN @ 1.2157 = $121,570
CDN
Pip Value: 1 pip = $10
Stop-Loss: 1.2147
Margin: $1,000 (1%)
You are buying US$100,000 and selling CDN$121,570. Your stop loss order will be
executed if the dollar falls below 1.2147, in which case you will lose $100.
However, USD/CDN rises to 1.2192/87. You can now sell $1 US for 1.2192 CDN or
sell 1.2187 CDN for $1 US.
Because you entered the transaction by buying US dollars (buying long), you
must now sell US dollars and buy back CDN dollars to realize your profit.
You sell US$100,000 at the current USD/CDN rate of 1.2192, and receive 121,920
CDN for which you originally paid CDN$121,570. Your profit is $350 Canadian
dollars or US$287.19 (350 divided by the current exchange rate of 1.2187).
Lowest Spread with ForexGen
31 March, 2008
If we take no commissions or fees, then how are we compensated for our
brokerage services, might you ask? The answer is: the spread. As you may have
noticed, a currency pair quote comes with two displayed rates for instance,
GBP/USD 2.025/2.028. Those refer respectively to the bid price (the rate at
which you may short sell the pair) and the ask price (the rate at which you may
buy the pair). The spread is the difference between those two rates. The
tighter the spread, the more advantageous it is for you. ForexGenForexGen is
able to offer such tight spreads thanks to the huge capital traded by its
clients each day and the excellent inter-bank conditions thus negotiated.
24hrOnline Forex Trading With ForexGen
With a volume of $3 trillion traded each day, the foreign exchange market is
the largest financial market in the world. While ForexForex trading is
becoming more popular each day.
Through online currency brokers such as ForexGen,
traders can now buy and sell currencies in one mouse click and with no
commissions or fees. Online Forex trading
allows you to take advantage of market fluctuations – even small – in various
currency rates. At ForexGen, you get
free access to topnotch tools which will help you predict market direction and
place your orders. offers spreads as low as 1 pip on
the main currency pairs. trading was once the exclusive domain
of banks and large financial institutions, the rise of Internet technology has
made it accessible to all types of investors including individuals with small
investment capital. As word of its substantial and quick potential profits is
spreading, online
Why Trade Forex with ForexGen
31 March, 2008
As you probably know, choosing an online broker is the first challenge you are
faced with when considering trading forex online. Well, you've come to the
right place! With ForexGen, you can rest assured; you are in
the best of hands! There are many reasons why trade forex with ForexGen.
One of them is that we are always ahead of the competition by constantly adding
new products and upgrading our online trading platform for better performance
and ease of use. Very few forex brokers offer the level of reliability and
professionalism that characterize ForexGen. In fact, no other forex broker will
attend to you like we do. It is important for us that you feel comfortable
trading forex and other financial products on our system and that you feel you
can trust us: that's why our business practices are based on values such as
excellence, reliability and proficiency. Those ForexGenValues
are at the core of our company's identity.
When you start trading with ForexGen, you won't want to trade anywhere
else. And this is because we offer products and service of the highest quality
in a secure and user-friendly environment.
About ForexGen
31 March, 2008
About ForexGen
ForexGen
LLC is an online trading service provider supplying a unique and
individualized service to Forex traders worldwide. We are dedicated to
absolutely provide the best online trading services in the Forex market.
ForexGen LLC provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.
ForexGen
LLXserves both private and institutional clients. We have a strong
commitment to maintain a long term relationship with our clients.
Throughout
our partnership with the industrial leaders, we are capable of
delivering incomparable quality of online currency trading service.
The ForexGen LLC services are all controlled by the international banking and financial regulatory standards. ForexGen
LLC is continuously providing the Forex market’s safest trading terms
& conditions. Providing professional currency trading services that
meet our client’s expectations is our first priority.
ForexGen principals:
ForexGen
LLC 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 LLC is continuously providing the market’s most competitive conditions.
ForexGen
LLC 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).
Profile regulatory information
ForexGen
LLC is complying with all applicable international laws and all
financial regulations and procedures governing its industry in order to
sustain the security standards in the financial services world.
According
to the Federal Trading Commission (FTC) and Commodity Futures Trading
Commission, all financial institutions are obligated in conformity with
the anti money laundering laws (AML) that control money laundering and
maintain the integrity and security of the international banking and
financial institutions. ForexGen is regulated by the international authorities against money laundering and in full compliance with the International Laws.
This
is the reason why our customers have to provide us with identifying
documentation and the documents proofing the origin of their funds in
order to secure that the funds that ForexGen
LLC will receive are fully and legally originated according to the
European Trading Commission and the European Anti-Fraud Office.
As
the international banking standards imply, we preserve all the
customer’s account information both personal and financial. Our target
is to achieve our principal goal, which is gaining the customer’s
confidence and reach to the maximum satisfaction level.
ForexGen
LLC state-of-the-art encryption and confirmation rules and
certification ensure that every trader’s contract is verified and
secured.
For more detailed information can be found in
Profile
search
recently...
Poll
A service provided by Al Bawaba