Friday, September 12, 2008

ForexGen Broker Features




Forex, or FX, stands for the foreign exchange market. This is a 24-hour market in which currencies are traded in cash, Download ForexGen Platform which is known as a spot market. There is no central, standard trading center, such as, a stock exchange.


Instead ForexGen Enterprise Accounts , trade is conducted "over-the-counter" via an international network of dealers ForexGen Enterprise Accounts
Until recently, the Forex market was confined to larger traders: major, international commercial and investment banks; international corporations; international money brokers; currency traders.


ForexGen Institutional Tools as the United States went off the gold standard in 1971, investors immediately recognized new opportunities for making profits. , ForexGen Services Every month, more companies start up that cater to smaller institutions and investors so they may participate in spot Forex trading.

Tuesday, September 2, 2008

ForexGen Solutions


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?

For more information please contact us at ForexGen

Monday, August 18, 2008

Why Demo Account Performance Is Better




Over the past several years, the popularity of online currency trading has grown substantially.Each day, online ForexGen attract new investors - each of them lining up with a glint in their eye, lured in by promises of easy money. Most of these companies allow you to sign up for a free demo account which lets you place mock trades using their trading platform to get a feel for the excitement of currency trading. In the casual world of free demo accounts - many young traders find they are able to garner impressive profits without a significant amount of effort.

It almost seems too good to be true. But transferring this success from a demo account to a real account is far less common. Why is this? The actual trading platform behaves the exact same way, the market doesn't care whether you're a demo or real trader - so what is different? It's you who has changed. Not your personality, not even your trading style - but the factors that affect you are different.What is the key factor to trading success?The search for the "Holy Grail" of trading has been a common theme throughout the history of markets. There are a variety of different techniques. Those whom are inclined towards number crunching and pattern recognition may prefer technical analysis, whereas those more focused on the big picture, logical macro perspective prefer fundamental analysis. Then there are specific methodologies like swing trading, trend following or even more esoteric ideas like the Elliot Wave theory. Which one is best? There are examples of very successful traders using each methodology.

Since most new traders lose money - perhaps the more appropriate question to ask is, "What is the key factor to trading failure?"Greed and FearTrading is an atmosphere rich in the porous emotions of greed and fear. The current price of a given security or financial instrument at any point in time can be thought of as the confluence of greed (bulls) and fear (bears). These two emotions make up the core of humanity itself. When market information is released, trading can be a high intensity experience. Sensing danger, your body releases adrenaline that acts to accentuate both your greed (fight) and your fear (flight). Because these emotions are so strong, they can cause you to act irrationally, ignore your system, stated set of rules or trading plan and to act upon impulse. Indeed, this is a genetically programmed response - but it is often also the trader's downfall, especially when he's playing with much better capitalized, more sophisticated and experienced foes that know how to manipulate those emotions.

When you are a trader - you are always under the influence of at least one of these two emotions, even if you don't have any trades on.Impact of fear and greed on your tradingIf the market's going up and you're in - greed is telling you to buy more and fear is telling you to take your profits while you still can. If it's going down, fear of being wrong makes you hold onto a losing position - and then greed sometimes convinces you to "average down" your position (and buy more) so it'll be easier for you to come back.

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Thursday, March 6, 2008

Account Types With ForexGen

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.

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)

ForexGen Platform

ForexGen Trading Station


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

Forexgen Custom Indicator

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 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).

The following screen determines either to show or hide the graphical chart lines of the current, short, middle, long CIF:

  • Pink: Current CIF represents graphically the CIF values of the current time frame
  • Orange: Short CIF represents graphically the short periods
  • Light Green: Middle CIF represents graphically the middle periods
  • LightSkyBlue: Long CIF represents graphically the long periods.
  • ForexGen Privacy Policy

    ForexGen Privacy Policy





    Your privacy is important to us, and we know it's important to you. ForexGen respects each individual's right to privacy and is committed to safeguarding your privacy over the Internet. The Website Privacy Policy applies to your general use and browsing of the ForexGen Website; if you use our services please read Services Privacy Policy for information collection and use policies. The provisions of this notice apply to former customers as well as our current customers. This privacy policy statement is for you to understand how your personal information and other information at ForexGen will be treated as you use our Website.

    The essence of our privacy policy can be captured by the following:

    • We will never share your personal information without your permission.
    • Aggregate demographic or statistical information that is not personally identifiable may be collected and shared at the discretion of ForexGen.