Showing posts with label forex broker. Show all posts
Showing posts with label forex broker. Show all posts

Thursday, January 8, 2009

Choosing Regulated Forex Broker

Make really sure you're getting a forex spot account and not forwards and futures account. Almost everybody uses the spot market as it is easier to rollover your position. Be certain that you feel comfortable with regulated forex broker policies before registering. Look for these few stuffs

1. Bid/ask pip price on currency pairs

As we take the journey through the final part of this article, you can look back at the first part if you need any clarifications on what we have already learned.

2. minimum trading unit size 3. Reliability of the trading platform

4. EBook in teaching you the standard strategies to trade

5. Requoting policy

Search for the most competitive spreads as this will decrease your costs of trading FOREX. If you're trading heavily, it might cost you a lot of dollars for not receiving a great competitive spreads. Competitive spreads are about 3 to 5 pips and if you're receiving spreads of 8 pips or more, just snub this platform.

Requoting policy

Search for the most competitive spreads as this will decrease your costs of trading FOREX. If you're trading heavily, it might cost you a lot of dollars for not receiving a great competitive spreads. Competitive spreads are about 3 to 5 pips and if you're receiving spreads of 8 pips or more, just snub this platform.

Transparency of the trading platform is also important to make really sure they never charge you more. Sometimes, they might make a muddle and charge you more and this might get you into extra unwanted cost. Choose a regulated forex broker cleverly before trading currencies. If likely, open a small account in 2 or 3 platforms before choosing which platform you want to use in long time. Analyze it for few days or weeks and see which gives you the best offer. Getting wrong online FOREX trading platform can cause you to spend both your time and money.

Wednesday, January 7, 2009

ForexGen Academy



If you are an experienced ‘FOREX’ Trader or just a beginner looking for the opportunities offered in the ‘FOREX’ market, Forexgen has created ForexGen Academy to give you the chance to get a ‘FOREX’ education and improve your trading skills. No hard expressions, no buzz words, and no rocket science language are used throughout these lessons.
How to Get Started?

People are introduced to the exciting world of foreign exchange in many ways: friends, current events, newspapers, television, and many others. For those of you who are new to forex, the following guidelines cover the basics of currency trading.

also do you Know ForexGen Lowest spreads in the market with 0-1 pip spread in 10 pairs, no commissions, no swaps and instant account Activation.

Sunday, January 4, 2009

How to Use the Currency Trading Center


This book has been developed to help the Forex beginner, though experienced and professional currency traders may find it a handy reference. Beginners and novice Forex traders are likely to benefit from reading the entire text, starting with the first Chapter, which provides a basic overview of what currency trading is, and how to get started. The chapters are set out in a logical flow, but do not need to be read in order to make sense, as each works as a discrete unit unto itself. You may prefer to focus first on those chapters that you feel will complement your particular knowledge base best. Read our forex glossary is a glossary of terms (listed alphabetically) used in the Forex business, that will prove helpful, and may serve as a valuable reference as you become an experienced currency trader. With the help of this guide, you will soon be ready to start trading Forex – in fact, with the assistance of the online ForexGen Team, you can start today. We wish you success in your trading, and hope you find this book interesting, helpful and enjoyable.

Wednesday, February 27, 2008

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

  1. 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
  2. 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.
  3. Trading platform customization. The White label customization process is by creating a welcome page for your customers including the company name and logo.
  4. 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.

For full Information and online application, WL program Types.

ForexGen Latest Offer



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

www.ForexGen.com