Monday, 18 August 2008

Williams % R | ForexGen

Williams % R was developed by Larry Williams and is sometimes
know as the upside down indicator because as the readings go up the numbers go down.
When you see a reading show negative e.g. -20 simply ignore the minus sign.

You therefore get a situation where below 80 is oversold and above 20 (-20) is overbought.
We set the Williams % R at 89 on set up.

Thursday, 26 June 2008

charts inrelation to currency prices


There is no standard for cross-currency charts – some have the base currency on the top and some have it on the side. How to tell which is which? You need to know at least one pair of currencies and which one of the pair is more valuable.


Currency prices are determined by a number of factors, the most important of which are economic and political conditions in the issuing country. Political stability, inflation, and interest rates are all factored into the price of any currency. In addition, governments can try to control the price of their currency by either flooding the market (to lower the price) or buying extensively (to raise the price). Because of the immense volume of FOREX, however, it is impossible for one force to control the market for any length of time. Market forces will prevail in the long run, making FOREX one of the most open and fair investment opportunities available

Tuesday, 24 June 2008

Expert Adviser with ForexGen


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.

Deposits and withdrawal with ForexGen


ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided by Customer Support personnel available 24/7 In order to serve its clients any time all over the world.
ForexGen cares for its clients’ funds, so that ForexGen allow funding operations with a guarantee of ForexGen itself that your fund operations are executed with high level of security and privacy.
Funds are accepted by wire transfer and e-gold payments. For full details about funding procedures and options kindly click here.
· Please note that during the weekends and official holidays, wire transfers may be delayed.
Account receivable funding could electronically be funded by ForexGen in the same business day, thus the client’s account will be funded in the same day of receipt. For our client’s security, each wire transfer reference section must contain the client’s name and account number.
ForexGen minimum deposit required to start trading is $250 . Also we have no limit for depositing fund into your account. You have the absolute right to choose the amount you want to deposit.
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:
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 requests are processed during the same business day. Please allow a few hours for the accoutning 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.

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.
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.
We consider every client as a special case, a VIP and a partner. A client’s profit is our success and a client’s loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support. We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus. Let’s prove to you that you have taken the right step by choosing our partnership.

Introducing Broker with ForexGen


Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.
WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?
Providing the most huge income sharing plan
Providing several ways for our IB's to charge commission.
ForexGen IB can also charge commission for each lot the traders execute.
Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.
In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.Commission is paid out every month.
Individualized service
ForexGen offers our IB's individualized service created according to the individual needs and specified business situation for each IB.Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.
Instant order execution.
No dealing desk.
Low spreads.
Free qualified forex charting .
Real time streaming news.
ForexGen main focus is on our client's profitability and satisfaction which increase their online forex trading life time. At ForexGen the trader has the ability to spend most of the time controlling and performing their business rather than troubleshooting.The most competitive trading conditions:
2 pips spread on six currency pairs.
Leverage of 200:1 leverage for accounts.
Without maintenance margin, our services offer margin call and automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US.
The minimum account size with a 250 US has the ability to execute a lot of trading lots.
Qualified and familiar multilingual platform!
Streamline dealing with no request for quote for up to 20 million. The ForexGen online Trading platform offers traders to do currency trading in pairs. We also allow trading Gold and Silver with the 'one click trading'

White Label with ForexGen




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.
WHAT are the advantages of being a WHITE LABEL PARTNER with ForexGen?
A Qualified and familiar online trading platform branded under each company name!
Streamline dealing with no request for quote for up to 200 lots (20 million).
Our online trading platform offers trading of 25 currency pairs also Gold and Silver with the 'one clicks trading' mechanism.
Constantly updated real time prices.
Real time charts with the most common indicators.
Daily account statement.
Recent technical analysis by Capital Management is provided each day to the mailbox in the ForexGen online Trading Platform.
Streaming news quotes provided by AFX News.
An attractive income sharing plan
Trading White Label enables our partners to charge their clients' commission for each traded lot.
They also have the ability to raise the spread for all or certain customers.
ForexGen offers a minor predetermined percentage for every closed lot traded by their customer in case that White Label partner does not raise the spread or charge their customers a commission.
Commission is paid out every month.
Individualized service
ForexGen white label trading offers our partner's individualized service created according to the individual needs and specified business situation for each IB.
White labeling enables you to access one of the two highly advanced ForexGen online Trading platforms according to the customer designation. This reduces your responsibility to provide a platform support and accounting personnel that is regularly required.
White Label trading service enables your customers to benefit from ForexGen advantages which revolutionize the retail foreign exchange industry.
A qualified online trading platform that offers sophisticated forex charts, a large scale of indicators and trading mechanism , hedging feature, trailing stops that adjust pip by pip, real time streaming quotes and more!
ForexGen trading services are provided without Dealing Desk which prevents the effect of any one on the prices and pip spreads
Low spreads - 2 pip EUR/USD, 2 pips USD/JPY and 3 pips GBP/USD, USD/CHF, and EUR/JPY.
ForexGen leverage could be 200:1 on standard accounts.
The margin requirements on all accounts are:
Account Equity (US Dollars)
Initial Margin
Maintenance Margin end of each weekday(before 23:00 CET)
Maintenance Margin on Friday at 23:00 CET & before holidays
Less than 25,000
0.5%
No minimum required. Accounts are only stopped out at the stop out level.
0.5%
25,000 to 1,000,000
1%
No minimum required. Accounts are only stopped out at the stop out level.
1%
1,000,000 to 5,000,000
2%
2%
2%
5,000,000 to 10,000,000
3%
3%
3%
Above 10,000,000
5%
5%
5%
Getting Started page
Send us E-mail for the application and information packet. whitelabel@ForexGen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Set up costs. The set up costs for the white label program is $10,000 USD. This is charged for the approval of the application and before the project scheduling.
Trading platform customization. The White label customization process is by creating a welcome page for your customers including the company name and logo.
Grace period. You are allowed to create your required trading volume (500 standard lots per month) or funds under equity ($300,000 USD) in course of three months in order to avoid the maintenance fee of $500 USD each month, which will be paid after the end of the third month
Favorable trading conditions
2 pips spread on six currency pairs.
Leverage of 200:1 leverage for accounts of up to $1 million US.
Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays.
The minimum account size is $2,000 US which allows trading of mini-lots.

Money Manager with ForexGen


An individual who is responsible for the entire financial portfolio of another individual or another entity. A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.
Benefits of being a Money Manager with ForexGen:
Providing three different commission sources.
Weekly commission plan.
Easy & fast commission withdrawals.
Fixed percentage of the profits.
P = k * D “P=Profit, k=Variable Parameter, D=Deposits”
The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature.
Individualized services:
ForexGen Money Manager’s services provide an extremely competitive program for managing client’s funds in order to introduce new clients to the Forex Market without having them to trade. The Money Manager will be gaining commissions from two fixed sources and a variable one based on the amount of deposits you are managing in your money manager account. Money Manager's client's account can be activated with the agreement of their clients. Moreover, they will be enjoying the benefits of being a ForexGen family member:
Up-To-Date RSS news feed.
Lowest spreads in the Forex Market.
Tremendous amount of Technical Indicator.
Fast order execution.
An Example for one of the Money Manager’s bonuses:
Deposit Amount (US Dollars)
Bonus
Added to
$50,000
$1,500
Master Account
$100,000
$3,000
Master Account
$250,000
$7,500
Master Account
$500,000
$15,000
Master Account
$1,000,000
$30,000
Master Account
The most competitive trading conditions:
2 pips spread on six currency pairs.
Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays.
Leverages up to 1:200 for accounts up to $1 million US.Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.

ForexGen Promotions


Dear Valued Client,
ForexGen keeping the New Year special promotion which is 20 % bonus on deposit as result of our clients request to extend this offer for February
It has been a great experience and pleasure working with you throughout this year, which witnessed major achievements in the business of ForexGen.
This has been realized thanks to your valuable support and cooperation
In appreciation of our successful cooperation over the past year, our entire team wishes you Happy Holiday Season to you and to your dear ones. We sincerely hope that 2008 will be a year of accomplishments for your business.
May this festive Season and the coming Year bring you Good Health, Happiness and Prosperity!
In this occasion ForexGen would like to offer you 20% bonus on every deposit you will make till the end of January 2008 as a gift to help you staring your trading activities
For more information about ForexGen current promotions and offers we would like to invite you to attend our webinars which will be held daily every 4 hours
If you are interested to attend one of our webinars please send us a feedback on info@forexgen.com and we will provide you with more information, by attending a webinar you will be entitled for a free gift from ForexGen, please contact us at info@forexgen.com for more details
Accept our best wishes,
ForexGen Marketing Department
http://forexgen.com/

Special Promotion for New Clients
Free cash bonus when you open your new live account withen the next 30 days. You will recieve 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
Open A New Live Account Now
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 http://forexgen.com/promotions/claim-your-bonus.htmlThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , 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.
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 NOT a demo 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 mailto:contest@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it 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.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , 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.
Win Cash Prizes
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.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it 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.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , 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.
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.
Click here to refer a friend
For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , 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.
Trade and scalp the market ForexGen has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, ForexGen offers traders all the advantage of a “no dealing desk” option.
Advantages of No Dealing Desk Option
· Trade the news without intervention or restrictions
· Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits.
· Place scalping orders without intervention or restrictions.
· A client-friendly trading environment, No re-quotes.
· Ability to place orders inside the spread
· Competing rates from multiple banks
· Spreads are variable and can move sharply
· Ideal for active or professional FX traders
For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , 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.

ForexGen Indicators


You want to create a cool custom indicator, but you do not have enough experience or resources to do it?
ForexGen offers you the chance of a life time by dedicating a team of experienced developers specialized in Forex market to give you assistance and support in your ideas
Contact us at: development@ForexGen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it
CIF (Correlated Indicators Factor)
-The CIF is an indicator based on the extensive efforts of our house experts using their experience in their concentrated search where they found that one indicator is not enough.-The experts’ conclusion was that the CIF- mother of all indicators- is the only and the perfect solution that facilitates the manual trading which provides indications with the least risk. It is the trader’s perfect support for every faced obstruction.
-Our house experts categorize and make combinations of the trend, oscillators, bill Williams, volumes and other custom indicators, the CIF signal values is generated according to the indicators’ combinations depending on certain calculations, volumes and correlations between more than one indicator and according to a specified function that weights the indicators’ signal. The CIF values are represented graphically via four lines (short .middle, long, current).

Easy Transactions with ForexGen


ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided with Customer Support personnel available 24/7 In order to serve its clients any time all over the world.
ForexGen cares for its clients' funds, so that ForexGen allow funding operations with guarantee of ForexGen itself that your fund operations are executed with high level of security and privacy.
Funds are accepted by wire transfer and e-gold payments.
· Deposit of funds is made easy through our short online form in your account management section, click here for a quick access (needs login)
Account receivable funding could electronically funded by ForexGen after one business day, thus the client's account will be funded in the same day of receipt. For our client's security, each wire transfer reference section must contain the client's name and account number.ForexGen minimum deposit required to start trading is $250. Also we have no limit for depositing fund into your account. You have the absolute right to choose the amount you want to deposit.

Meta Trader4 with ForexGen


The Forex charts are the point of interest at ForexGen. Charts are a significant technical analysis tool for a trader that wants to perform successful trading. Currency charts represent a single period of time and that period could range from one minute to one month to several years.
To open a new Forex chart:
• Right-click the Market Watch window, then select the Chart Window options• press the Ctrl + W key combination• through the menu options File > New Chart• Or clicking on "New Chart button" on the toolbar.
Charts has the ability to be customized. Charting Forex package can be manipulated to appear in many different ways. There are kinds of Forex charts that show price action:
• Line Chart: The line chart is a graphical representation of the historical exchange rate of a certain currency pair in a given period of time. The line is established and drew according to the closing prices connection of the day.• Bar Chart: The bar chart is a currency chart represents the currency price, forming vertical bars in a day (e.g. every 60 minutes). Each bar contains 4 'hooks' (the opening, closing, high and low (OCHL) rates of transactions at a certain time interval).• Candlestick Chart: The candlestick Forex charting is used to forecast the market. It represents OCHL prices as 'candlesticks' with a wick at each end. When the opening rate is higher than the closing rate the candlestick is 'solid'. When the closing rate exceeds the opening rate, the candlestick is 'hollow'. as a result of the colored bodies The candlestick provides a visual details more than any other chart.•Point & figure charts: Point and figure patterns are essentially the same patterns found in bar charts but Xs and Os are used to market changes in price direction. In addition, point and figure charts make no use of time scales to indicate the particular day associated with certain price action.
ForexGen offers the most qualified Forex online trading platform which facilitates the online currency exchange services for different worldwide traders, companies and dealing centersThe major benefits of our platform:
• Following the current news of the Forex marketForexGen online trading platform could accurately cover all the financial market situation, trading execution actions at Forex, futures and CFD markets.
• Variable currency basisVariable currency could be exchanged where any currency could be considered as general currency in the whole online trading operation in all the countries with the their national currencies.
• Economy and productivityOur trading platform enables implemented data transfer for their economy. It allows supporting great number of online currency exchange traders via a single server with the following patterns: Pentium 4 2 GHz, 512 DDR RAM, and 80 GB HDD. Using recent protocols decreases the requirements of the data link and their execution cost.
• Consistency ( dependability )ForexGen platform offers a backup and restoration system to handle any damaging to the historical data. In addition, it supports a system which allows restoring the damaged historical databases in course of minutes using another server.
• SecurityThe whole information exchanged between the different parts of the system is encrypted by 128-bit key which assures the safety of the transferred data and prevents any other person form utilizing this data. To increase the security our system is a built-in DDos attacks guard system it also increases the stability of the server accessing.
• Provided by many languagesA Multilanguage Pack program is provided with ForexGen platform offering many languages where the trading platform interfaces could be translated to any language. Our Multilanguage pack enables the trader to build his language and integrate it into the platform. This multilingual service facilitates utilizing our trading platform to the worldwide trader.
• ForexGen trading platform interfacesAt our trading platform we provide MetaTrader 4 Server API which allows the customization of the platform according to the trader's desire. API advantages are:
•Providing additional analyzers to recognize the increasing. movement of traders.•Providing integrated application with the other system.•Increasing the server accessibility.•Creating its own system functionality management mechanism.•So many benefits are provided.
• Utilizing the web servicesForexGen provides the integration with the web services to reach the most qualified online trading services (www, wap). Thus, it allows the real time quotations and charts on the trader's site. In addition, it provides changeable tables containing competitive prices.
• Flexibility of the systemForexGen platform has the ability to be highly customized where the trader has the ability to set all the platform parameters including the dealing session time and many more properties of the trading instruments.
• Sub-administrationThis feature permits several important introducing brokers easily just in only one server. One server only is needed in order to execute all the ibs orders and managing the Forex trader account.
The Market Watch window is a floating palette. It has the ability to be dragged anywhere on the screen. The Market Watch window which is also called the Quotes Window shows the current prices of the traded currency pairs and the currency market news in the currency market. It also permits quick dealing with any currency pair.
The Market Watch window item can be accessed using the menu items View > Market Watch or by pressing the Ctrl + M key combination. In addition, the Market Watch button on the toolbar allows showing or hiding the Market Watch window.
The trader can start trading just by double click the desired vehicle and the Order Form will be opened. The Order Form can also be accessed by right-clicking the desired currency pair then selecting New Order.

Different 5 Accounts with ForexGen


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.
ForexGen offer swap-free accounts. Swaps will not be applied to ForexGen accounts.
ForexGen will not charge a fee of per traded lot round turn.
Live Account Type
Mini Account
Standard Account
Pro Account
Premium Account
No Dealing Account
Minimum Account Size $
250
2500
5000
50.000
20.000
Recommended Account Size
1000
10,000
20,000
100,000
50,000
Maximum Account Size $
2500
n/a
n/a
n/a
n/a
Swap/commissions
n/a
n/a
n/a
n/a
n/a
Lots Available
mini-micro
stand-mini
stand-mini
stand-mini
stand-mini
Lot Size
10,000 unites for mini lot and 1000 unites for micro lot
100,000 unites for standard lot and 10,000 unites for mini lot
100,000 unites for standard lot and 10,000 unites for mini lot
100,000 unites for standard lot and 10,000 unites for mini lot
100,000 unites for standard lot and 10,000 unites for mini lot
Leverage
From 1:200 up to 1:500
1:100
1:100
1:50
1:100
Trading symbols
24 major and cross forex spots+ silver and gold
24 major and cross forex spots+ silver and gold
24 major and cross forex spots+ silver and gold
24 major and cross forex spots+ silver and gold
24 major and cross forex spots+ silver and gold
Spread Majors
Fixed 2 pips spread
Fixed 2 pips spread
Fixed 1 pip spread in 10 pairs (EURUSD,USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)
Fixed 0 pip spread in 10 pairs (EURUSD, USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)
By market
Spread Crosses
Fixed (3+ pips spread)
Fixed (3+ pips spread)
Fixed (3+ pips spread)
Fixed (3+ pips spread)
By market
Aprox. Pip Value for spots
$1 Per Pip -mini lot and $ 0.1- micro lot
$10 Per Pip-standard lot and $ 1-mini lot
$10 Per Pip-standard lot and $ 1-mini lot
$10 Per Pip-standard lot and $ 1-mini lot
$10 Per Pip-standard lot and $ 1-mini lot
News & Charts directly on platform
Yes
Yes
Yes
Yes
Yes
Lot Margin
($ 50-mini and $ 5- micro lot) with leverage 1:200, ($ 33.33- mini and $ 3.33- micro lot ) with leverage 1:300,($ 25- mini and $ 2.5- micro lot ) with leverage 1:400($ 20- mini and $ 2- micro lot ) with leverage 1:500
$ 1000-standard lot and $ 100- mini lot
$ 1000-standard lot and $ 100- mini lot
$ 1000-standard lot and $ 100- mini lot
$ 1000-standard lot and $ 100- mini lot
Trading execution
Dealing Desk Enabled, OTC execution
Dealing Desk Enabled, OTC execution
Dealing Desk Enabled, OTC execution
Dealing Desk Enabled, OTC execution
NDD (sells and buys by market)
Opening a ForexGen trading account is easy, fast and secure. Just complete and submit your application online in just a few minutes. Representatives are available 24 hours a day, 7 days a week.
Account SizeThe minimum amount required for opening a ForexGen Live trading account is $2,500 for standard Account and $250 for Mini Account but the recommended minimum investment size is $10,000 for standard Account and $1,000 for Mini Account. That is because of the high leverage and the extremely volatile nature of the Forex market.
Trade SizeAll trades are executed in standard sizes of 100,000 base currency for standard Account and 10,000 base currency for Mini Account per one lot on the ForexGen trading platform. There is no maximum trading volume on the ForexGen trading platform.
Pip/Tick ValueTrading on the ForexGen Platform facilitates calculating the profit and loss. In the EUR/USD and almost the other 17 currency pairs, a movement of one pip/tick value in the exchange rate equals ten dollar profit or loss for standard Account and one dollar profit or loss for Mini Account in the account value per lot.
Margin RequirementGuaranteed Limited Risk: The account equity, the total floating value of the account, is an important safety feature in the ForexGen system that prevents traders from losing more money than they have in the account. Should the account equity fall below the margin requirement of approximately 5%, the system will close all opened positions.
SpreadAll spreads are fixed intra-day and night and ForexGen maintains fixed spreads during normal market conditions.
Dealing Spreads
(Standard & Mini Accounts Only)
Currency Pair
Spread
Currency Pair
Spread
EUR/USD
2 pips
EUR/CHF
2 pips
USD/JPY
2 pips
EUR/CAD
7 pips
USD/CHF
3 pips
EUR/AUD
6 pips
USD/CAD
3 pips
GBP/JPY
7 pips
GBP/USD
3 pips
GBP/CHF
6 pips
EUR/JPY
3 pips
CHF/JPY
2-4 pips
AUD/USD
2 pips
AUD/CAD
10 pips
NZD/USD
5 pips
AUD/JPY
5 pips
EUR/GBP
2 pips
AUD/NZD
10 pips
NZD/JPY
6 pips
ForexGen also offers a "No Dealing Desk" execution option which does not provide fixed spreads or guarantee regarding slippage. Clients are able to select this option at ForexGen's discretion.
LiquidationAny depreciation occurring to a point of depletion of an entire balance in Forex account, will be liquidated automatically without any margin calls.
FeesForexGen customers enjoy trading without commissions, transaction fees, overnight performance fees or execution.
Overnight positions (swap)ForexGen offers swap-free accounts. Swaps will not be applied to ForexGen accounts.
Deposit currencyClients can select to fund their live accounts with USD or EURO.
ReportingComplete and full detailed reporting about the account trading activities are generated 24 hours a day, 7 days a week.
Opening a live Account OnlineOpening a ForexGen trading account is easy, fast and secure. Just complete and submit your application online in just minutes. Representatives are available 24 hours a day, 7 days a week.

Trading with ForexGen


ForexGen presents specialized Forex online trading services. We support trading in variable currency pairs, available services 24 hours a day most of the week. Real time prices are supplied to facilitate the trading and make it more quick and efficient. Our trading terms & conditions are the most competitive trading terms & conditions for various trading kinds which represent our appreciation to every client starting from the smallest customers. ForexGen is re-setting professional trading technology, by a continuously tracing the competence offers and modifying our trading conditions and provided platforms.
ForexGen Ltd is providing an Executable Quotes which appears directly once the trader click the current bid or offer in the Forex trading platform. The orders aren't checked manually to prevent undesired price quoting. The bid/ask spreads (2 to 3 pips in the major currency pairs) are most of the time stable, and never freeze the prices in any situation.
ForexGen Ltd is permitting the immediate orders implementation with complete Confirmations and real time margin checking. In addition, automated fills are provided for all market orders.
At ForexGen Ltd filling the orders is instantly and accurate without difference between the quoted price and the execution price. In addition, Provided Stops and limits have no slippage. Generally we assure and guarantee that under all situations except the most unexpected volatile condition.
The bid and ask prices usually modified, to buy the client's ideal support in taking the buy or sell decision. In addition to posting our bids and offers frequently at any market condition, giving you a fair chance to trade during important news events. Other TSPs don't allow you to trade on big market making news -they freeze their prices or widen their spreads when the market is volatile. At Forex Gen, we never freeze our prices.
ForexGen Ltd Advanced trading tools are at the client's reach, providing modified up to minute news, supports reporting each day & each week plus alerts of the real time trade.
TRADING LIMITATIONS.ForexGen Ltd at any time, in its sole discretion, may limit the number of positions which Customer may maintain or acquire through ForexGen Ltd, and is under no obligation to effect any transaction for Customer’s accounts which would create positions in excess of the limit which ForexGen Ltd has set. Customer agrees not to exceed the position limits established for any contract market, whether acting alone or with others, and to promptly advise ForexGen Ltd if Customer is required to file any reports on positions.ForexGen Ltd preserves the right to cancel any transactions found to be erroneous because of the market volatility, failure in the software or hardware of the trading platform or the connected parties. This cancellation is done without consulting with the Customer. The Customer hereby agrees on accepting the consequences of such cancellation either on, or against his favor.ForexGen Ltd Preserves the right to ban any Customer from its trading platform, suspend any accounts temporarily or permanent at any circumstances where the account was suspected to perform one or more of the following forbidden activities:- Illegal pip hunting.- Illegal scalping.- Multi IP login at the same time.- Suspicious hedging of the same currency.- Harmful strategies.- Expert Advisor that are not approved by ForexGen.- Security threatening activities.- Any other hostile activities that threatens ForexGen, its customers, business partners and counter parties.mentioned activities prior to the suspension.ForexGen Ltd risk management office has the right to estimate the risk scope and calculate the remaining funds to be paid out to the Customer after suspension. ForexGen has the sole right to cover its losses caused by the over

ForexGen Customer Care


ForexGen Customer Service seeks to achieve the highest level of customer satisfaction.
ForexGen online trading services are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen's clients through answering any questions they may have.
ForexGen provides full time assistances to support clients during the usage of ForexGen platform, whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.
ForexGen provides clients with full scale demonstrations and help for the technical issues.
Clients can contact ForexGen by using on of the following methods:
Global Phone Number.
Phone number: +1 212 4613 279
Dealing Rooms.
ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.
You are encouraged to contact the dealing room by phone ONLY in these situations:
If you are not able to access the internet.
Failing to receive a confirmation on an online order.
Failing to connect to ForexGen server.
Whenever the trader asks for trading support, our team checks if the trader has performed the trading factually in order to facilitate the trading process and make it faster. Please pay attention to the following instructions before calling the trader support in the trading call center.
1. Your account number (visible in your Summary Report under ACID). While the User ID number is unverified.
2. Determine weather the order is a Market Order or a Limit Order and the number of units and the desired currency pair. ForexGen provides the trader with a factual changing quote stream. The prices can be changed more than three times at every second. Consequently the Market Orders will be maintained according to the current price the order was placed.
3. Specify your trade as "I would like to buy 5 lots of USD/JPY during the Market with a stop loss of 102.45 and a take profit of 102.62. . .".
Remark: The given price is un-negotiable. Traders have no permission to hang on the phone waiting for price changes. All phone calls are recorded to ensure the integrity of transactions.
Request call back.
Please specify your comments or inquiry and one of our customer support representatives will contact you shortly.

About forexgen


ForexGen LTD 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 LTD 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 LTDserves 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 LTD services are all controlled by the international banking and financial regulatory standards. ForexGen LTD 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 Ltd 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 LTD is continuously providing the market’s most competitive conditions.
ForexGen LTD 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 informationForexGen Ltd 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 LTD 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 LTD state-of-the-art encryption and confirmation rules and certification ensure that every trader’s contract is verified and secured.