ForexGen at any time, in its sole discretion, may limit the number of positions which Customer may maintain or acquire through ForexGen, and is under no obligation to effect any transaction for Customer’s accounts which would create positions in excess of the limit which ForexGen has set. Customer agrees not to exceed the position limits established for any contract market, whether acting alone or with others, and to promptly advise ForexGen if Customer is required to file any reports on positions.
ForexGen preserves the right to cancel any transactions found to be erroneous because of the market volatility, failure in the software or hardware of the trading platform or the connected parties. This cancellation is done without consulting with the Customer. The Customer hereby agrees on accepting the consequences of such cancellation either on, or against his favor.
ForexGen Preserves the right to ban any Customer from its trading platform, suspend any accounts temporarily or permanent at any circumstances where the account was suspected to perform one or more of the following forbidden activities:
- Illegal pip hunting.
- Illegal scalping.
- Multi IP login at the same time.
- Suspicious hedging of the same currency.
- Harmful strategies.
- Expert Advisor that are not approved by ForexGen.
- Security threatening activities.
- Any other hostile activities that threatens ForexGen, its customers, business partners and counter parties.
ForexGen risk management office has the right to estimate the risk scope and calculate the remaining funds to be paid out to the Customer after suspension. ForexGen has the sole right to cover its losses caused by the over mentioned activities prior to the suspension
you can learn more about the trading limitation http://forexgen.com/content/view/47/87/
Thursday, September 6, 2007
Customer Agreement
ForexGen presents specialized Forex online trading services. We support trading in variable currency pairs, available services 24 hours a day most of the week. Real time prices are supplied to facilitate the trading and make it more quick and efficient. Our trading terms & conditions are the most competitive trading terms & conditions for various trading kinds which represent our appreciation to every client starting from the smallest customers. ForexGen is re-setting professional trading technology, by a continuously tracing the competence offers and modifying our trading conditions and provided platforms.
* ForexGen is providing an Executable Quotes which appears directly once the trader click the current bid or offer in the Forex trading platform. The orders aren't checked manually to prevent undesired price quoting. The bid/ask spreads (2 to 3 pips in the major currency pairs) are most of the time stable, and never freeze the prices in any situation.
* ForexGen is permitting the immediate orders implementation with complete Confirmations and real time margin checking. In addition, automated fills are provided for all market orders.
* At ForexGen filling the orders is instantly and accurate without difference between the quoted price and the execution price. In addition, Provided Stops and limits have no slippage. Generally we assure and guarantee that under all situations except the most unexpected volatile condition.
* The bid and ask prices usually modified, to buy the client's ideal support in taking the buy or sell decision. In addition to posting our bids and offers frequently at any market condition, giving you a fair chance to trade during important news events. Other TSPs don't allow you to trade on big market making news -they freeze their prices or widen their spreads when the market is volatile. At Forex Gen, we never freeze our prices.
* ForexGen Advanced trading tools are at the client's reach, providing modified up to minute news, supports reporting each day & each week plus alerts of the real time trade.
you can read more aboutcustomer agreement on http://forexgen.com/content/view/47/87/
* ForexGen is providing an Executable Quotes which appears directly once the trader click the current bid or offer in the Forex trading platform. The orders aren't checked manually to prevent undesired price quoting. The bid/ask spreads (2 to 3 pips in the major currency pairs) are most of the time stable, and never freeze the prices in any situation.
* ForexGen is permitting the immediate orders implementation with complete Confirmations and real time margin checking. In addition, automated fills are provided for all market orders.
* At ForexGen filling the orders is instantly and accurate without difference between the quoted price and the execution price. In addition, Provided Stops and limits have no slippage. Generally we assure and guarantee that under all situations except the most unexpected volatile condition.
* The bid and ask prices usually modified, to buy the client's ideal support in taking the buy or sell decision. In addition to posting our bids and offers frequently at any market condition, giving you a fair chance to trade during important news events. Other TSPs don't allow you to trade on big market making news -they freeze their prices or widen their spreads when the market is volatile. At Forex Gen, we never freeze our prices.
* ForexGen Advanced trading tools are at the client's reach, providing modified up to minute news, supports reporting each day & each week plus alerts of the real time trade.
you can read more aboutcustomer agreement on http://forexgen.com/content/view/47/87/
Risk Warning
According to the International Trade Commission foreign exchange trading is a highly risked prospect which is not appropriate for all investors as any currencies transaction is exposed to a risk. Forex Trading is a risked opportunity where returns exceed the average only with those investors with the experience and the required knowledge.
Online trading in Forex market should be proceeded by principal factors that must be considered carefully such as the objectives and scope of investment, adequate level of experience, and psychological self control. A loss should always be affordable before deciding to make a trade.
The turbulent and volatile nature of the Forex market proportionally affects the deposited funds which might affect it positively or negatively. The possibility that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position.
Failure to watch margin calls within the time frame, will result in liquidation of the positions and trader will be responsible for the loss occurred by this liquidation.
Trading without a well built strategy and money management policy is a highly risked practice.
The main reason that most traders lose their capital is that $the traders are not able to understand the real nature of the market in which they are operating.
As stated by the Australian Trade Commission trading in the Forex market usually requires a tremendous level of understanding and self discipline to achieve success and profitability. It also requires the consistent application of well tested trading strategies and rules, with solid commitment. A trader should always comply with the rules and legalization made by the local authorities.
you can learn more informations about risk warning on http://forexgen.com/content/view/49/89/
Online trading in Forex market should be proceeded by principal factors that must be considered carefully such as the objectives and scope of investment, adequate level of experience, and psychological self control. A loss should always be affordable before deciding to make a trade.
The turbulent and volatile nature of the Forex market proportionally affects the deposited funds which might affect it positively or negatively. The possibility that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position.
Failure to watch margin calls within the time frame, will result in liquidation of the positions and trader will be responsible for the loss occurred by this liquidation.
Trading without a well built strategy and money management policy is a highly risked practice.
The main reason that most traders lose their capital is that $the traders are not able to understand the real nature of the market in which they are operating.
As stated by the Australian Trade Commission trading in the Forex market usually requires a tremendous level of understanding and self discipline to achieve success and profitability. It also requires the consistent application of well tested trading strategies and rules, with solid commitment. A trader should always comply with the rules and legalization made by the local authorities.
you can learn more informations about risk warning on http://forexgen.com/content/view/49/89/
Accounts Funding
ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided with 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 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.
Deposit of funds is made easy through our short online form in your account management section, click here for a quick access (needs login)
Account receivable funding could electronically funded by ForexGen after one 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.
you can read more about account funding on :http://forexgen.com/content/view/45/113/
ForexGen cares for its clients' funds, so that ForexGen allow funding operations with 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.
Deposit of funds is made easy through our short online form in your account management section, click here for a quick access (needs login)
Account receivable funding could electronically funded by ForexGen after one 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.
you can read more about account funding on :http://forexgen.com/content/view/45/113/
Market Watch
The Market Watch window is a floating palette. It has the ability to be dragged anywhere on the screen. The Market Watch window which is also called the Quotes Window shows the current prices of the traded currency pairs and the currency market news in the currency market. It also permits quick dealing with any currency pair.
The Market Watch window item can be accessed using the menu items View > Market Watch or by pressing the Ctrl + M key combination. In addition, the Market Watch button on the toolbar allows showing or hiding the Market Watch window.
The trader can start trading just by double click the desired vehicle and the Order Form will be opened. The Order Form can also be accessed by right-clicking the desired currency pair then selecting New Order.
you can learn more about maket watch on : http://forexgen.com/content/view/61/177/
The Market Watch window item can be accessed using the menu items View > Market Watch or by pressing the Ctrl + M key combination. In addition, the Market Watch button on the toolbar allows showing or hiding the Market Watch window.
The trader can start trading just by double click the desired vehicle and the Order Form will be opened. The Order Form can also be accessed by right-clicking the desired currency pair then selecting New Order.
you can learn more about maket watch on : http://forexgen.com/content/view/61/177/
Trailing Stops
A stop loss is a system created to limit and reduce any losses at any position and manage the expected risk in currency trading . It acts like an insurance policy. It permits traders to set a limit to the most expected loss without setting a limit to the most expected profit.
A trailing stop will automatically change according to the market price when the position is positive by the amount of your trailing stop, added 1 pip to it.
In case of a long position and the market price is rising, the stop loss price will be affected proportionally. While in case of the price falling, the stop loss price will not change.
The advantage of setting up an automated trailing stop trading feature is that you don't have to monitor on consistent basis how your trade is doing. This is a useful advantage where you are not obliged to watch your trades for an extended period of time.
The stop loss disadvantage is that the stop price could be activated by a short-term price variation. This stop-loss permits the variation while preventing the maximum expected risk.
And you can read more about trailing stops on : http://forexgen.com/content/view/68/109/
A trailing stop will automatically change according to the market price when the position is positive by the amount of your trailing stop, added 1 pip to it.
In case of a long position and the market price is rising, the stop loss price will be affected proportionally. While in case of the price falling, the stop loss price will not change.
The advantage of setting up an automated trailing stop trading feature is that you don't have to monitor on consistent basis how your trade is doing. This is a useful advantage where you are not obliged to watch your trades for an extended period of time.
The stop loss disadvantage is that the stop price could be activated by a short-term price variation. This stop-loss permits the variation while preventing the maximum expected risk.
And you can read more about trailing stops on : http://forexgen.com/content/view/68/109/
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
you can learn more about features of the platform on : http://forexgen.com/content/section/11/174/
• 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
you can learn more about features of the platform on : http://forexgen.com/content/section/11/174/
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.
you can read more about platform on : http://forexgen.com/content/section/11/174/
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.
you can read more about platform on : http://forexgen.com/content/section/11/174/
Why ForexGen?
1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps andinstant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs; crosses and CFDs.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.
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.
you can gather more information about forexgen on : http://forexgen.com/component/option,com_frontpage/Itemid,1/
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs; crosses and CFDs.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.
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.
you can gather more information about forexgen on : http://forexgen.com/component/option,com_frontpage/Itemid,1/
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.
you can gather more information about deposit funds on : http://forexgen.com/content/view/72/166/
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.
you can gather more information about deposit funds on : http://forexgen.com/content/view/72/166/
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 accoutning 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.
you can learn more about withdrawalof funds on : http://forexgen.com/content/view/74/165/
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 accoutning 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.
you can learn more about withdrawalof funds on : http://forexgen.com/content/view/74/165/
The most competitive trading conditions for introducing broker
* 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!
* Streamline dealing with no request for quote for up to 20 million.
* The ForexGen online Trading platform offers traders to do currency trading in pairs. We also allow trading Gold and Silver with the 'one click trading' mechanism.
Introduced broker's client's account can be activated with the agreement of their clients.
For full Information and online application, please click here
* 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!
* Streamline dealing with no request for quote for up to 20 million.
* The ForexGen online Trading platform offers traders to do currency trading in pairs. We also allow trading Gold and Silver with the 'one click trading' mechanism.
Introduced broker's client's account can be activated with the agreement of their clients.
For full Information and online application, please click here
Individualized service for introducing broker
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.
* Instant order execution.
* No dealing desk.
* Low spreads.
* Free qualified forex charting .
* Real time streaming news.
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.
you can learn more about introducing broker on : http://forexgen.com/content/view/35/170/
* Instant order execution.
* No dealing desk.
* Low spreads.
* Free qualified forex charting .
* Real time streaming news.
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.
you can learn more about introducing broker on : http://forexgen.com/content/view/35/170/
Introducing Brokers
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?
Providing the most huge income sharing plan
Providing several ways for our IB's to charge commission.
ForexGen IB can also charge commission for each lot the traders execute.
Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.
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.
you can read more information about introducing broker on : http://forexgen.com/content/view/35/170/
WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?
Providing the most huge income sharing plan
Providing several ways for our IB's to charge commission.
ForexGen IB can also charge commission for each lot the traders execute.
Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.
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.
you can read more information about introducing broker on : http://forexgen.com/content/view/35/170/
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