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)

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