Till The End of May ForexGen Announce 20% as bonus for the first deposits
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
May this festive Season and the coming Year bring you Good Health, Happiness and Prosperity!
Accept our best wishes,
ForexGen Marketing Department
**ForexGen Announce Zero Pip Spread on non-profitable traders
Instant commission refunds on non-profitable traders.
***ForexGen Announce decreasing the min. deposit of Non Dealing Desk
Trade and scalp the market with our no dealing desk account with minimum deposit $ 5000 instead of $ 20.000
ForexGen Announce Decreasing The Min. Deposit
ForexGen Announce the decreasing of the minimum deposit in the pro Account to be $ 1'000 instead of $ 5'000, so now the pro account with ForexGen:
Min. Deposit: -------- $1'000 only
Leverage: 100:1
Fixed 1 Pip spreads on the following pairs:
EURUSD, USDJPY, AUDUSD , EURCHF, EURGBP, GBPUSD, USDCHF, USDCAD , CHFJPY, EURJPY
Mini & Standard Lot
ForexGen LLC offers the retail trader/investor, corporation, money manager and hedge fund a complete e-commerce solution for trading margined foreign currency in the interbank market.
ForexGen LLC provides real-time margin monitoring capability in our unique, easy-to-read format. We believe that our clients need to know exactly where they stand in real time so that educated trading decisions and expert trade selection can be accomplished.
Due to expanding the activities that ForexGen LLC provides, ForexGen Announce the opening of United Kingdom Branch
Suite 72, Cariocca Business Park,
2 Sawley Road, Manchester,
Lancashire, M40BB, ENGLAND
United Kingdom
+441612619872
The Operational Office in Norway
Tollbugata 17, 0152 Oslo, Norway
Box 778 Sentrum, 0104 Oslo, Norway
For even more reasons to use ForexGen LLC, please read about the benefits of trading through ForexGen LLC.
Join the rapidly growing list of traders and money managers who have discovered the advantages of foreign exchange trading for their clients and individual trading portfolios. We are certain that after you learn more about our products, our services, and try our full-featured demo, you will decide that ForexGen is the foreign exchange execution platform for you.
We also offer an introducing broker service for both small companies and individuals; this service has proved a popular and successful facility with our clients. The foreign currency trading conditions at ForexGen are among the best available online.
We offer highly competitive currency exchange rates and quotes for all our clients regardless of their trading capital. With instant execution, there's never been a better time to join the world of foreign currency trading. With our interactive website and regular updates you should have no trouble locating all your FOREX needs, be it services or information.
ForexGen LLC enjoys the reputation of being a reliable business partner and is successfully increasing our compliment of representatives and IBs world wide.
ForexGen LLC is fully 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. 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 the entire 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
ForexGen is a registered Norwegian company registered since 2001 in
Regulatory information page: http://forexgen.com/index.php?option=com_content&task=view&id=263
Letter from the Board of directors:
"There has never been a more challenging and exciting time to be trading in the foreign exchange market. Since we launched operations in 2001, we've watched the industry grow in leaps and bounds. What started out as a market for professionals is now attracting traders from all over the world and of all experience levels."
Adding that:
"This is actually a long step towards success, moreover this will ensure security of trading with ForexGen, and eventually increasing targeted customers actually"
By these liquidity providers' joining ForexGen continues the speaker:
"ForexGen liquidity will be increased and consequently their trading opportunities will be widening to hold more trades. Therefore, ForexGen assures all clients that there will be more chances for trading opportunities"
ForexGen has announced that
A reliable source announced that many Liquidity Providers World Wide chooses ForexGen for its potential growing business, reliability and security, which also has been confirmed by many traders dealing with ForexGen.
ForexGen's representative declared that ForexGen ultimate goal extend behind investments reaching to winning its traders' confidence and trustworthy
Spread
All spreads are fixed intra-day and night and ForexGen maintains fixed spreads during normal market conditions.
orexGen 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.
Liquidation
Any depreciation occurring to a point of depletion of an entire balance in Forex account, will be liquidated automatically without any margin calls.
Fees
ForexGen 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 currency
Clients can select to fund their live accounts with USD or EURO.
Reporting
Complete and full detailed reporting about the account trading activities are generated 24 hours a day, 7 days a week.
Opening a live Account Online
Opening 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.
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 in these situations:
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.
In the last 4 years ForexGen raised as a new market power in Forex market and among major market investors
Recently some announcements have been made stating that Gold traders are the winners on ForexGen Hall of Fame list
ForexGen representative stated that "ForexGen deal with variable trading options attracting people interest"
WWW.ForexGen.Com
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.
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 LTD serves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.
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.
ForexGen Trading Station is the client's part of the online ForexGen Trading Platform. We provide all the needed trading tools for a successful trading. We attempt to supply the sufficient information and tools in order to make the Forex traders' decisions more appropriate and easy. The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as performing technical analysis and develop Forex trading strategies of their own. ForexGen provides continuous real-time information and sophisticated technical analysis tools. ForexGen Trading platforms are stable, secure and characterized by its unique performance. It is the best solution for trading on Forex, CFD and Futures markets.
| The ForexGen Trading Station is our clients' gateway to the world's Foreign Exchange and Bullion markets. We have chosen the ForexGen Trading Station as our solution for the professional trader because in our opinion, it is the most reliable, professional and secure online trading software on the market at the current time. ForexGen platform features: • Streamline dealing with no request for quote for up to 200 lots (20 million). • ForexGen trading platforms have a friendly user interface that is both easy to use and to grasp. • One click orders execution. • Providing real-time charts with the most common indicators. • Advanced charting tools with many technical analysis features. • Daily account statement. • Provides many order types to employ the desired trading strategies and mange the risk. • Summary of client's orders, floating profit& loss, account equity, etc within real-time. • Follow P&L and open positions within real-time. • Providing a multi-lingual platform that supports 14 different languages. • Exclusive technical analysis daily to your mailbox in the Trading Platform. • Providing news headlines directly in the system. • Provides research reports for every day and every week. • Showing real-time prices in the major currency pairs that are constantly updated. • Providing tools enabling the ForexGen's clients who have real accounts to program their own trading strategies with the Expert Advisor. • Clients with real accounts can discover the ForexGen's trailing Stop feature. • Providing a high level of security found in the client's unique username and password. We strongly recommend you to open a demo account to try the many features of our system. For further information or assistance, please do not hesitate to contact us at any time or simply request a call back. • Working with securities of Forex, Futures and CFD markets. • Various execution technologies: Instant Execution, Request Execution, Market Execution. • Confidentiality of all trading operations. • Unlimited charts quantity. • Support of various timeframes (from minutes up to months). • Large number of technical indicators and line studies. • Experts, Custom Indicators and Scripts. • Multilanguage program interface. • Signals of system and trading actions. • Getting on-line news from financial markets. • Internal e-mail system. • printing charts and completed trading transactions statements |
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?
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.
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!
Introduced broker's client's account can be activated with the agreement of their clients.
For full Information and online application, IBs program types.
White Label Partner With ForexGen
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.
Join Us @ www.forexGen.com To Get More Informations
White Label Partner With ForexGen
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.
Join Us @ www.forexGen.com To Get More Informations
We provide a full time assistance service to support our customer in dealing easily with ForexGen trader software. Even if you face any problem during downloading or setting up the software, we will help you overcoming it.
We provide the trader with full scale demonstrations and troubleshooting for technical problems
Calling the dealing room is restricted to placing orders, no support or help desk issues are permitted to be placed through the dealing room numbers. These numbers are extremely busy and only attended by dealers who will not handle any other kind of issues.
Request call back.
Please specify your details and comments or inquiry then we will contact you
We are committed to your privacy.
Technology has fueled the growth of global trading over the past decade, fostering dreams of a single universal marketplace. Yet, investors who have diversified their portfolios across borders and product lines might not always know how their orders are handled on a multiplicity of exchanges and market centers around the globe.
Rules and trading technologies differ significantly not only from one country to the other, but often from one exchange to the other. Rules change frequently too, as exchanges continue to evolve from members-owned monopoly utilities into competitive execution businesses.
ForexGen LLC , which provides direct access to over 50 exchanges and market centers around the world, has incorporated these various exchange rules in its SMART-routing technology to ensure that customers obtain true best execution, no matter what product they trade or where they trade it.
The business of the exchanges is in flux, due to heightened competition and the consolidation trend inherent to a utility-type sector. A number of exchanges have already demutualized and turned themselves into for-profit corporations, some of which are publicly traded. Other markets are merging to better compete in a low-margin business where innovations require substantial investments.
U.S. exchanges face important regulatory challenges as well, with the Securities and Exchange Commission mulling crucial reforms to modernize
The proposed Regulation NMS would acknowledge the advance of electronic trading and likely force the remaining floor-based securities exchanges to alter their model in order to remain competitive. In anticipation of the changes, the
An even bigger challenge may come from the SEC concept release on self-regulatory organizations. It questions the “advisability of implementing enhancements to the current SRO system or pursuing an alternative regulatory model,” which could lead to a single independent regulator with no business ties to the exchanges. Without a regulatory franchise, exchanges would be businesses fighting for customers.
ForexGen has followed how trading began and is still evolving on the major venues that its Universal platform accesses via broadband to trade equities, exchange-traded funds (ETFs), options, futures, foreign exchange and bonds. With Universal, ForexGen provides a gateway to global markets and multiple products from a single account in a single currency.
Advantages of trading margined spot and forward foreign exchange:
Ability to trade on margin. Access to the FX market can be made using small capital outlays by taking advantage of superior leverage
The FX market is the largest and most liquid in the world
24 hour seamless trading. The FX market is open for a continual 5 1/2 day period allowing you to enter and exit the market at any time
Ability to establish long (opening purchase) and short (opening sale) positions
Superior market transparency. There are no multiple exchange listings of the same instrument
No standard trade sizes exist
No delivery or contract expiry to consider
Advantages of trading FX using technical analysis
Strong persistent trends
No directional bias
Advantages of trading FX using fundamental analysis
Global economic information readily available
Considerably less complicated than stock investing
Ability to trade on news and events
I haven't been able to make any progress monetarily in about a month. I'm up about 4% this month but breaking my account balance all-time high has been a struggle. I'm pretty much stuck where I was around this time last month. I'm not all that concerned and shouldn't be considering I was preaching patience a couple of days ago. It's just that every time I open my trading platform, the account balance is just staring me in the face.
It's more important that I progress as a risk-aversed trader. For newer traders, it's very important for you to understand that learning methods to control your risk should be a priority. Making gains monetarily is obviously important but making gains and strides elsewhere are more important. When I first started trading mostly with demo accounts, I had some unbelievably profitable trades but my strategies were random and my risk and leverage too high. A lot of this is just pure luck and not going to take you to the next level. Your account balance shouldn't be used as a guage for success. Some questions to ask yourself to guage your success may be:
Have you managed to minimize your risk and maximize your reward?
Have you maintained consistency?
Have you been able to control your emotions?
Have you developed a complete trading system that you've been able to follow without deviation?
If you haven't been profitable, have you at least been able to turn those gushing drawdowns into slow bleeders?
Maintaining the security of your money is a top priority at ForexGen. No Forex broker can truly guarantee the safety of a client’s Forex deposits. Therefore you should choose your Forex dealer after close consideration.
Quite often the best way to judge a firm’s financial integrity is by its reputation and the commitment it shows to its clients through its service and business decisions. Our devotion to our clients has made our firm a respected industry leader. Investors must be prudent in regard to where they hold their funds and it is vital to consider the integrity of the firm and its management when making one’s decision.
As a Forex trader, you don’t want your hard work to be undermined by substandard dealing desk staff. The ForexGen team of experienced dealers is dedicated to ensuring that your trades are executed in the most timely and accurate manner possible. Unlike some other Forex brokers, we will never execute a market order at a price other than one which you approve. In addition, our dealers will often execute your order at your original price even if the market has moved against you — another practice that sets ForexGen apart from the average broker.
The ForexGen dealing desk strives to provide its clients with some of the fairest and highest quality order execution in the market. Our dealing desk offers both online as well as phone based execution when necessary. Our dealing support team is available 24 hours a day to handle dealing related issues and disputes.
Market Orders
Market orders are created when a trader wants to open a position at the current market price. After the trader clicks on a price, he or she must confirm the price prior to execution. The price sent to the dealing desk will be the price shown in the confirmation window the moment the trader accepted the trade ForexGen will execute the trade in real-time if the available price is at or within a few pips of the requested price. Once the order is executed the opened position instantaneousely appears on the client’s trading platform.
If the market has moved and no price within a few pips of the requested price is available, the dealing desk will send the client a requote at the most current market price. The client can then either accept or reject the requote. Orders will never be executed at the new price without the client’s prior consent. This means that there is never slippage on market orders. Slippage is defined as the difference between the price approved by the client and the price at which the order is actually executed.
In an attempt to decrease the occurrence of requotes during fast moving markets and to help guarantee effective market entry during major jumps in market price, ForexGen has introduced a Trader’s Range feature in its VT Trader software. The Trader’s Range option allows clients to automatically approve requotes within a chosen range. For example, if Trader’s Range is set to 10, requotes within ten pips of the requested price will be processed without requiring the client’s confirmation. Please note that because orders placed by trading systems are classified as market orders, they are subject to requoting as per market order processing procedures.
Conditional Orders (stops, limits, entry stops and entry limits)
Conditional orders are triggered when the market price reaches the price specified in the order. When this happens, the client’s initial order is activated, requesting that the order be filled at the specified price. Under normal market conditions, ForexGen will honor the specified price on conditional orders of up to 100 mini or 10 standard lots. Larger orders as well as orders executed in extremely volatile markets will be executed at the next available quote if the market has passed over the requested price. This is known to occur over the weekend, when Sunday’s opening price is sometimes significantly different from Friday’s closing and during major market moves.
Many Forex dealers widen their spreads prior to a major market move, thus making market entry more difficult. As ForexGen offers fixed spreads, ensuring that you can always expect quality prices, we may limit the placement of new conditional orders to at least 35 pips away from the current market price for approximately 15 minutes before major news announcements. Under normal market conditions you may place conditional orders as close as 5 pips from the market price.
So you Want To Trade for a Living
I always enjoy Brett's books on trading psychology. While impressed by his ongoing sharing about this important subject, I emailed him recently to request an article for aspiring traders who want to trade for a living. This is not an easy feat, but it is not mission impossible. Trading the financial markets is basically trading your belief on the financial markets. It takes a disciplined mindset, proper money management and a good trading system to trade profitably. Most workshops teach you the technical skills, but rarely touch deeply on the subject of trading psychology. Therefore, I recommend you to read "Enhancing Trader Performance" by Brett N. Steenbarger to develope cutting edge of trading psychology. Below is an article he approved to publish at FX Operator:
I receive quite a few emails from aspiring full-time traders. Some hope to land positions with trading firms; others are looking to make a living by trading independently. Here are a few considerations for those thinking of making the leap:
The bottom line is that starting a trading career truly is starting an entrepreneurial business. The same dynamics that lead to success in startup firms--from knowing your markets to having a solid plan to being well capitalized to executing on details--apply to aspiring traders. If you can approach trading with the mindset, work ethic, and creativity of a successful entrepreneur, you have a real shot. And that's what entrepreneurs live for.
Those who may have hoped for a recovery in the US dollar have been sorely disappointed. The greenback hit a record low against the Euro and it will just be a matter of time before the EUR/USD hits 1.60. Before you know it, we’ll be talking about the possibility of one Euro being worth 2 US dollars. Although this may be far fetched, who would have thought that the Swiss franc would be worth more than a US dollar?
Although the once mighty greenback faces long term pressures such as a depressed labor market that is expected to deteriorate further and the strong possibility of another contraction in retail sales, the latest round of dollar weakness was actually triggered by the following:
1) News that Lehman Brothers liquidated 3 of its investment funds due to “market disruptions.”
2) Concerns that the usually stubborn ECB President will hold his ground on inflationary pressures, which he did. Eurozone interest rates remain at 6 year highs despite clear signs of slowing growth.
3) Strong Eurozone and UK Economic Data - French and Italian industrial production both beat expectations while the UK trade deficit narrowed.
The dollar continued to remain under pressure as the trade deficit increased in the month of February. Even though everyone was looking for the weaker dollar to help boost trade, I forecasted an increase in the deficit because the previous drop in the ISM manufacturing index told us that it would be weak (Forecasting News)
Jobless claims also dropped sharply but the improvement is primarily due to the Easter Calendar effect. I still expect claims for unemployment to rise especially since continuing claims remain at very high levels.
Not only is the US dollar trading at a record low against the Euro, but it also slipped below 7 Chinese Yuan. With this big psychological barrier breached, the G7’s criticism towards China’s currency regime will be limited.
Nothing has changed and if anything, ECB President Trichet has confirmed his hawkishness. US retail sales are due for release next week and with Linens ‘n Things joining Domain, Fortunoff, and Sharper Image in filing for bankruptcy protection, consumer spending will contract for another month. Crude oil and gasoline prices have also hit a record high which is going to hurt consumer spending further.
Learn more about Forex Market News with ForexGen at
The ECB's and BOE's rate decisions puts more wind to the back of EUR/GBP!
The Eurozone and the U.K. economies continue to diverge.
For years and years, these two economies followed each other up and down in "lock step". Then the credit/sub-prime crisis hit. This pushed the U.K. economy lower as they experienced the same things that America experienced: Hedge fund blow ups, banks struggling, housing prices falling, etc.
On the other hand, many other European banks didn't have as much exposure to "sub-prime" as did the "financial epicenter", the U.K.
So as these economies "de-linked" and continue to diverge, it's produced a heck of an uptrend in the EUR/GBP pair. Click on the chart to enlarge it below.
Learn more about Forex Market News with ForexGen at
