|
|
 |
|
 |
| |
Contract Specifications in forexgen
Contract Specifications
• ForexGen is specialized in dealing spots, future and stocks; our clients can trade gold, silver, currencies spots and futures.
• For faster, more efficient and successful trading, ForexGen provides the result of online trading experience performed in ForexGen Trading Station which allows our clients to trade live streaming prices without a request for quote and with low spread forex trading.
• ForexGen's dealing room operates 24 hours a day from Sunday 23:00 CET until Friday 23.00 CET.
• The minimum amount to open an account is $250 USD.
• Lot is a predefined amount of a currency.
Important notice: all defined spreads above are targeted spreads, in volatile market situations and in important news or announcements, the above mentioned spreads can be increased for any pair. ForexGen reserve the right to change the values mentioned above at any time for any reason; a notification e-mail shall be sent to all clients to acknowledge any change in the contracts specifications.
How to trade Mini and Micro Lots
All ForexGen clients have the possibility to trade Mini and Micro Lots. The minimum amount clients can trade in Standard Account is 0.1 lot, i.e. 10,000 of the base currency (Mini Lot), The minimum amount clients can trade in Mini Account is 0.1 lot, i.e. 1,000 of the base currency (Micro Lot).
Update Wednesday, February 13, 2008
|
| |
|
|
 |
|
 |
|
|
|
|
| |
Deposit Funds in forexgen
Deposit Funds
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.
Update Wednesday, February 13, 2008
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Withdrawal of Funds in forexgen
Withdrawal of Funds
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 accounting 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.
Update Wednesday, February 13, 2008
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Premium Account in forexgen
Min Acc. Size $ : 50.000
Rec Acc. Size : 100,000
Max Acc. Size $ : n/a
Swap/Comm : n/a
Lots Available : stand-mini
Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot
Leverage : 1:50
Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : Fixed 0 pip spread in 10 pairs (EURUSD, USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)
Spread Crosses : Fixed (3+ pips spread)
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : Dealing Desk Enabled, OTC execution
Update Wednesday, February 13, 2008
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Pro Account in forexgen
Min Acc. Size $ : 5000
Rec Acc. Size : 20,000
Max Acc. Size $ : n/a
Swap/Comm : 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 1 pip spread in 10 pairs (EURUSD,USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)
Spread Crosses : Fixed (3+ pips spread)
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lo
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : Dealing Desk Enabled, OTC execution
Update Wednesday, February 13, 2008
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Standard Account in FOREXGEN
Min Acc. Size $ : 2500
Rec Acc. Size : 10,000
Max Acc. Size $ : n/a
Swap/Comm : 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)
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : Dealing Desk Enabled, OTC execution
Update Wednesday, February 13, 2008
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Open Live Account in forexgen
Open Live Account
ForexGen offers the swap-free accounts. Swaps will not be applied to ForexGen accounts.
Mini Account
Min Acc. Size $ : 250
Rec Acc. Size : 1000
Max Acc. Size $ : 2500
Swap/Comm : n/a
Lots Available : mini-micro
Lot Size : 10,000 unites for mini lot and 1000 unites for micro lot
Leverage : From 1:200 up to 1:500
Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : Fixed 2 pips sprea
Spread Crosses : Fixed (3+ pips spread)
Pip Value for spots : $1 Per Pip -mini lot and $ 0.1- micro lot
News & Charts on platform : 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
Trading execution : Dealing Desk Enabled, OTC execution
Update Wednesday, February 13, 2008
|
| |
|
|
|
|
|
|
|
|
|
|
| |
Open Demo Account in forexgen
Open Demo Account
ForexGen provides its traders with a free Forex demo account where the trader is allowed to participate in Forex trading with real market conditions and get used to the Forex trading employing ForexGen professionalized online trading platform. A Forex demo account permits the trader utilize the advantages and the benefited features provided by our online trading services. The trader must enter a valid e-mail address to freely open a demo account. You will be able to upgrade to Live Account at any time with minimal efforts.
ForexGen demo account advantages:
- Innovated trading with no request for a quote for up to 200 lots (20 million).
- The client is provided by a simple system with included options that are easily grasped and used.
- Real time prices are usually modified and provided.
- ForexGen provides Real time charts with the most famous indicators.
- Daily reports for the account status.
- Summarization of the current client's orders, account equity, profit and loss ranging.
- Exclusive technical analysis provided daily to your mailbox in the Trading Platform. The trading real time technical analysis by Capital Management is sent daily to the trader’s mail
- Streaming News headlines are supplied by AFX News.
- The ability to form the traders own strategies using the Expert Advisor. Available for real accounts upon written request
Important notes:
- When opening a demo account you will have the same features on the system as a real client, however this account is for demonstration purposes only. Please notice that the demo platform is fully automated and does not enjoy the attention of our dealing room. In volatile markets the dealing room may increase the spread slightly for a short period of time, however all temporary changes are only made on the live server and does as such not affect the demo accounts.
- To open a demo account you must enter a valid e-mail address.
- The demo account is only valid for a period of 30 days. Please be aware that all data will be lost when the demo account expires.
Update Wednesday, February 13, 2008
|
| |
|
|
|
|
|
|
|
|
|
|
| |
FOREXGEN Accounts
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.
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.
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 Size
The 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 Size
All 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 Value
Trading 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 Requirement
Guaranteed 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.
Spread
All spreads are fixed intra-day and night and ForexGen maintains fixed spreads during normal market conditions.
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.
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.
Update Wednesday, February 13, 2008
|
| |
|
|
|
|
|
|
|
 |
My Profile |
 |
|
Recent Posts
