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Account Types


Account Types

     

 

Active traders who wish to enjoy the Forex trading advantages can work with the ForexGen account. ForexGen provides leverage up to 500:1 and 100,000 - 10,000 Trade Sizes. Open an account with as little as $250.

 

Live Account Type                          Mini Account

Minimum Account Size $               250

Recommended Account Size         1000   

Maximum Account Size $              1000 

            n/a     Swap/commissions

                                       mini-micro           Lots Available

                                                                        10,000 unites for mini lot and 1000 unites for micro lot          Lot Size

Leverage                From 1:200 up to 1:500

Trading symbols    24 major and cross forex spots+ silver and gold

Spread Majors                               Fixed 2 pips spread 

Spread Crosses                              Fixed (3+ pips spread)

Aprox. Pip Value for spots  $1 Per Pip -mini lot and $ 0.1- micro lot

News & Charts directly on platform      Yes

Lot Margin                       (25- mini and $ 2.5- micro lot ) with leverage 1:400

                                                           ($ 20- mini and $ 2- micro lot ) with leverage 1:500

Trading execution          Dealing Desk Enabled, OTC execution.

 

 

 

Live Account Type                     Standard Account

Minimum Account Size $           2500

Recommended Account Size     10,000  

Maximum Account Size $           n/a

Swap/commissions                    n/a

Lots Available                              stand-mini

Lot Size 100,000 unites for standard lot and 10,000 unites for mini lot

Leverage                   1:100

Trading symbols        24 major and cross forex spots+ silver and gold

Spread Majors           Fixed 2 pips spread                       

Spread Crosses          Fixed (3+ pips spread)

Aprox. Pip Value for spots $10 Per Pip-standard lot and $ 1-mini lot

News & Charts directly on platform    Yes

Lot Margin                  $ 1000-standard lot and $ 100- mini lot Trading execution      Dealing Desk Enabled, OTC execution.

 

 

Live Account Type                             Pro Account

Minimum Account Size $          20,000

Recommended Account Size   n/a

Maximum Account Size $        n/a

Swap/commissions                 stand-mini

Lots Available  100,000 unites for standard lot and 10,000 unites for mini lot

Lot Size 1:100

Leverage 24 major and cross forex spots+ silver and gold

Trading symbols Fixed 1 pip spread in 10 pairs (EURUSD,USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)

Spread Majors                     Fixed (3+ pips spread)

Spread Crosses  $10 Per Pip-standard lot and $ 1-mini lot

Aprox. Pip Value for spots    Yes

 

News & Charts directly on platform  $ 1000-standard lot and        $ 100- mini lot

Lot Margin  Dealing Desk Enabled, OTC execution .

 

 

                                                                                                                 

 

Live Account Type                        Premium Account

Minimum Account Size $            20,000

Recommended Account Size     n/a 

Maximum Account Size $           n/a

Swap/commissions                    stand-mini

Lots Available                             100,000 unites for standard lot and 10,000 unites for mini lot

Lot Size                                       1:100

Leverage  24 major and cross forex spots+ silver and gold

Trading symbols ixed 1 pip spread in 10 pairs (EURUSD,USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY

Spread Majors                        Fixed (3+ pips spread)

Spread Crosses      $10 Per Pip-standard lot and $ 1-mini lot

News & Charts directly on platform  Yes

Lot Margin  $ 1000-standard lot and $ 100- mini lot

Trading execution  Dealing Desk Enabled, OTC execution

   

 

                                            

 

 

Live Account Type                         No Dealing Account.

Minimum Account Size $             20.000

Recommended Account Size      50,000    

Maximum Account Size $            n/a      

Swap/commissions                      n/a             

Lots Available                                stand-mini

Lot Size 100,000 unites for standard lot and 10,000 unites for mini lot

Leverage                                       1:100

Trading symbols  24 major and cross forex spots+ silver and gold

Spread Majors                                 By market

Spread Crosses                                By market

Aprox. Pip Value for spots             10 Per Pip-standard lot and  $ 1-mini lot

News & Charts directly on platform   Yes

Lot Margin                  $ 1000-standard lot and $ 100- mini lot

Trading execution      NDD (sells and buys by market)


Why ForexGen?


  Why ForexGen?

Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.

Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.

ForexGen offers Forex trading in the major currency pairs; crosses and CFDs.

Low capital start, with $250 as a minimum account size.

ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.


Fundemental Analysis


  Fundemental Analysis

It is the study of change in price through micro and macro economic levels due to political and economic conditions in countries. Analysts use fundamental analysis to predict the future trends of one nation's currency in terms of another.

 Fundamental analysis is usually affected by the following    factors:

• Official discount rate .
• FOMC and Meeting .
• Inflation.
• Budgetary deficit .
• Economic indicators .
• Trade balance .
• Consumer price index (CPI) .
• Producer price index (PPI
) .


Why participate in the Forex Market?


Why participate in the Forex Market? 

Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account activation.

Scandinavian quality with Swiss precision, funds secured and local agents in 20+ countries..

ForexGen offers Forex trading in the major currency pairs; crosses and CFDs.

Low capital start , with $250 in minimum account size.

Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.

ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.


New to Forex Markets?


New to Forex Markets?

     

 

 

Forex is definitely one of the most exciting and profitable markets. If you want to join the elite and start investing you need to follow 5 very simple steps that will eventually lead yo  to success:

 

Self Study:
In order to start investing you need to study and observe the
Forex market carefully so that you can make the right decisions when the time comes.
You can study the fundamental analysis to monitor the political and economic news' effect on FX market. Also the study of technical analysis is useful as it predicts the price movement based on past experience.
ForexGen offers a Training section developed specially for new traders .


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