Huge Earning Potential with ForexGen

Huge Earning Potential with ForexGen

Forex currency exchange trading is one of the fastest growing trade markets in the world. It is also the biggest with an estimated 1.8 trillion dollars being exchanged every single day.

With these stats to it's name it should come as no surprise that one of the major reasons for this exponential growth is the fact that Forex trading offers incredible earning potential.

This is also why large multi-national corporations have been investing in foreign exchange, and specifically in ForexGen, for years and more and more individuals are utilizing currency trading to supplement their incomes and some are even living purely off the profits they make.

For more detailed information can be found in

http://www.forexgen.com/

The Forex Currency Pairs with ForexGen

The Forex Currency Pairs with ForexGen

Foreign Exchange trading is in general the trading of many currencies of the world. It is emerging as the largest and least regulated market providing the greatest liquidity to investors.

This trading is always done in pairs – Currency Pairs, one currency is bought and the other is sold. Together, they make up what is known as the "exchange rate".

For example, you may buy Euros with Dollars, anticipating that the Euro to increase in value relative to the Dollar. If the Euro rises relative to the Dollar, you sell the position and can earn a profit.

Most commonly traded currencies or the “majors” are:

US Dollar (USD)
Japanese Yen (JPY)
Euro (EUR)
British Pound (GBP)
Canadian Dollar (CAD)
Australian Dollar (AUD)
Swiss Franc (CHF)

Most commonly traded currency pairs are:

US Dollar and the Japanese Yen (USD/JPY)
Euro and US Dollar (EUR/USD)
US Dollar and Swiss franc (USD/CHF)
British Pound and US Dollar (GBP/USD)

While quoting currency pairs, the first currency is referred to as the base currency and the second as the counter or quote currency. The base currency is always equal to 1 monetary unit of exchange, for example, 1 Dollar, 1 Pound, 1 Euro.

Trading Forex Currency Pairs for Maximum Profit

It is also known as domestic currency or accounting currency and sometimes also referred to as the primary currency of a Forex currency pair. The price represents how much of the quote currency is needed to get one unit of the base currency.

When a currency is quoted against US Dollar, it is known as direct rate. Any currency not against the US Dollar is called a cross rate.

The quote currency is translated into a certain number of units of the base currency. This is also referred to as the foreign currency, secondary currency or counter currency. For example, if you find that a quote of USD/JPY is at 1.30, it says that for every 1 US Dollar, you get 1.30 Japanese Yen. When you quote for AUD/JPY of 67.73, it says that for every 1 Australian Dollar, you get 67.73 Japanese Yen.

Currency pairs are generally traded as 100,000 units of the base currency. For example, if you were buying EUR/USD at 0.95 you would be paying Dollars for Euros as follows:

100,000 x .95 = $95,000 for 100,000 Euros

When you find a quote going up, it means that the value of the base currency is rising or in other words, it is getting stronger. If a quote is going down, it means that the base currency is weakening.

The dominant base currencies are:

Euro - EUR/USD, EUR/GBP, EUR/CHF, EUR/JPY, EUR/CAD
British Pound - GBP/USD, GBP/CHF, GBP/JPY, GBP/CAD
US Dollar - USD/CAD, USD/JPY, USD/CHF

The currency pairs are usually traded and quoted with a ‘bid’ and ‘ask’ price. The ‘bid’ is the price at which you are willing to buy and the ‘ask’ is the price at which price you are willing to sell.

For example, if the USD/EUR currency pair is quoted as - USD/EUR = 1.5 and you purchase the pair, this means that for every 1.5 euros that you sell, you get US$1. If you sold the currency pair, you receive 1.5 euros for every US$1 you sell.

The key to successful trading lies in selecting one or two pairs of currencies that you wish to trade in as a beginner. As you gain confidence, you may wish to add more pairs in your trading portfolio. But for a new trader or investor it is always advised to have limited pair just to ensure simplicity. And that what ForexGen Promises with.

For more detailed information can be found in

http://www.forexgen.com/

ForexGen Partnerships

ForexGen Partnerships

We offer partners who are looking to grow their business the broadest range of equity and derivatives products, both exchange-traded and over-the-counter (OTC), adaptable partnership solutions, a quick and cost-efficient route to market and flexible commercial terms.

We offer a variety of partnership solutions tailored to your needs:

Introducing Brokers

Fund Managers

White Label/Branding

A partnership with ForexGen Securities will be of interest to you if you are:

Looking to retain customers and increase their profitability by offering additional products

Seeking to grow revenues by entering new markets and attracting new types of business

In need of a new partner who can offer more flexible, better value solutions and products

Offer your customer base a comprehensive range of equities and derivatives products:

Spot and forward FX, gold & silver

Global CFDs

UK, US, Canadian and European Equities

For more detailed information can be found in

http://www.forexgen.com/

Financing your FX with ForexGen

Financing your FX with ForexGen

Financing your FX positions held overnight
(known as interest rollover or ‘TomNext’)

Trading strategies involve the use of interest rate differentials between the currencies in a pair and those positions that are rolled over from one trading day to the next will incur financing based upon these interest rate differentials. You pay interest on the currency that you sell and receive interest on the currency that you buy.

The interest rate applied is ‘TomNext’ which is an abbreviation for ‘Tomorrow’ or the ‘Next’ business day because the first value date is tomorrow or the next business day. The TomNext price reflects the applicable interest rate between Tomorrow/Next and the ‘Spot value’ date. At (22:00) 10:00pm London Time (Standard FX market Value-Date change time) each day, ForexGen settles all spot positions by closing the trade at the current market rate and re-opening it for the following day’s spot date at a rate that will reflect the interest rate differential.

Example:
You are long the GBP/USD pair.
You will receive interest on the GBP and pay interest on the USD.
If GBP has a higher interest rate than the USD, you will receive a net interest payment but if GBP has a lower interest than the USD, you will pay out a net interest payment.

For more detailed information can be found in

http://www.forexgen.com/

ForexGen Advantages

ForexGen Advantages

1] 24-hour Internet, telephone and Reuters trading
Access ForexGen, spot gold and silver prices ensuring price integrity, transparency and consistent liquidity.

2] Transparent competitive two-way pricing
We offer very competitive spreads on over 27 currency pairs, typically 1 pip spread on the major currency pairs.

3] Instantaneous auto trade executions
We are committed to ensuring you deal on the prices you see. At a glance you can see where the market can be bought and sold (under normal market conditions).

4] Low margin requirements
Access ForexGen, spot gold & silver with margin requirements starting at just 1% or leverage of 100-to-1.

5] State-of-the-art trading platforms
Free easy-to-use Windows-based click and deal mini and maxi trading platforms which are fully customizable and offer multiple stored layouts. Our platforms offer a wide variety of order types - MARKET, LIMIT, STOP and OCO. We aim to make it as easy and seamless as possible to access demonstration and live trading platforms and to open and fund your trading accounts.

6] Flexible lot sizes
You are not restricted to trading in standard lot sizes. Take advantage of our wide range of trading sizes from 0.01 million - 100 million (equivalent to $1 / point - $10,000 / point).

7] Risk management in real time
Our platform monitors and controls risk exposure in real time. Based on your margin requirement, it calculates funds needed to retain current open positions and resources available for new positions or for adding to existing open positions.

8] Hedging capability
You have complete control over whether you close or hedge your positions to reduce risk. You can run multiple positions for each currency pair which can be individually selected for closing.

9] Earn interest on cash balances
Unlike many FX brokers ForexGen Securities pays interest on those funds not being used for margin purposes.

10] 24 hour personalised customer service
Our experienced and knowledgeable people are available 24 hours a day to answer questions and provide assistance. Our professional dealers can be accessed at all times via live chat and telephone, and our technical and administrative support is second to none.

11] A fast and efficient back office system
When you fund your account and start trading, you receive straight-through-processing of your trades offering live position keeping, margining, statements, unrealised and realised profit & loss.

For more detailed information can be found in

http://www.forexgen.com/

CFDs with ForexGen

CFDs with ForexGen

A CFD gives you all the benefits of the underlying cash equity whilst avoiding many of the typical costs associated with dealing in the physical share. CFD trading allows you to gain cost-effective, flexible and geared exposure to world shares and indices. We offer very competitive financing and commission charges on equity CFDs as well as tight spreads and commission free trading on Index CFDs.

The Advantages of Trading CFDs with ForexGen Securities

• Market prices or better.
• No fixed minimum spread or invented price.
• No minimum deal size.
• No minimum deposit requirement.
• Low commission rates.
• Low financing rates.
• Low initial margins.
• Separate CFD account or one account for all financial products.
• No stamp duty.
• Instant execution and improved liquidity.
• Interest paid on your free equity balance.
• Commission-free index trading.

For more detailed information can be found in

http://www.forexgen.com/

Advantages of No Dealing Desk Trading Through ForexGen

Advantages of No Dealing Desk Trading Through ForexGen

With No Dealing Desk execution, traders, through the ForexGen Trading Station, have the ability to trade on rates provided by some of the largest banks in the world. These banks compete with each other to provide the best rate, which results in spreads as low as 2 pips. No Dealing Desk execution combines the benefits of trading prices from top-tier banks, with the convenience and speed of ForexGen's award-winning trading platform. You trade when you want—even during market-moving news and economic events. Furthermore, this system enables you to place entry orders at any price—even inside the spread. Unlike other firms, ForexGen offers 24-hour-a-day trade support, giving you the ability to place orders over the phone when the market is open. Our staff of 500+ highly trained specialists are available around the clock to service clients from our regional headquarters in Norway.

In the institutional forex marketplace, currency trading spreads—the difference between the price at which traders can buy and sell—often fluctuate, widening and narrowing depending on market volatility. As the forex market is an over the counter market with no centralised exchange, not everyone receives access to the same prices or quality of execution. The world's largest banks tend to provide better prices and execution to institutions with the largest trade volume and the most solid financials. ForexGen averages $200,000,000,000 ($200 billion) in monthly notional trading volume and is one of the most well-capitalized Forex Dealer Members. According to the financial data posted on the CFTC website, as one of the oldest and largest high-volume retail online forex brokers, ForexGen has built strong execution relationships with many of the world's largest international banks. ForexGen receives and is able to pass on the benefits of size, better prices, and better execution to our clients.

For more detailed information can be found in

http://www.forexgen.com/