Showing posts with label Introducing broker. Show all posts
Showing posts with label Introducing broker. Show all posts

Thursday, April 10, 2008

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

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

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

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

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

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

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

ForexGen Strategies are the key to Profitability

ForexGen Strategies are the key to Profitability




Trading Forex online is a very technical skill that most people will need a little help with in order to make big profits. This is where an online Forex strategy service can come in handy and help make you into that professional trader in no time at all.

Trying to trade Forex completely on your own can be a very time consuming experience. I learnt that first hand when my enthusiasm to make money almost cost me my marriage.

Thankfully I found a strategy service which took a huge amount of workload away from me and also helped me to ensure I was consistently making the best trades, the product that gets my best strategy service award actually helped to save my marriage AND make me money! Read on to find out how this service can help you.

If you are looking for a strategy service that can reduce the amount of time you spend trading, then try ForexGen, a Forex trading strategy service offering you unbeatable advice that no Forex trader should be without. Traders tested this service they were amazed by its consistently good returns. It gains the lowest pip value which is 1 Pip spread !

Equipped with automated buy, sell and stop-loss features, ActiveTrader enables you to make trades, monitor pips and dramatically reduce your exposure to risk. In many ways ForexGen is the Forex traders bible, whilst Forex Swing Trades promises you a huge profit, ForexGen can give you a good profit plus lost more additions such as the Auto-Trade service.

By giving you access to Forex swingtrades every day you can make sure you are always ready for the next market moves and get onto the profitable trades before anyone else has spotted them. This gives you the opportunity to really make it big.

For more detailed information can be found in

MetaTrader 4 Client Terminal with ForexGen

MetaTrader 4 Client Terminal with ForexGen




MetaTrader 4 Client Terminal has been created to provide trade operations and technical analysis in real time mode, when working at Forex, CFD, Futures financial markets. A wide range of orders allows flexible management of trading activities.

Client Terminal MetaTrader 4 key Features:

  • 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;
  • realtime data export via DDE protocol;
  • signals of system and trading actions;
  • getting on-line news from financial markets;
  • internal e-mail system;
  • printing charts and completed trading transactions statements.

For more detailed information can be found in

Proprietary Trader with ForexGen


Proprietary Trader with ForexGen



ForexGen is currently offering a unique opportunity to traders worldwide to trade bank funds under direct supervision and guidance of successful traders. Candidates must have a strong educational background. Individuals must be highly motivated with strong interests in financial markets and trading.

This is a great learning experience and advancement opportunities are excellent.

This trading opportunity allows active professional traders to earn money without using their capital. If you consistently trade on an intraday basis and achieve profitable or breakeven results this is your chance to become a professional trader with our money.

In addition, candidates must be able to show a sound trading strategy and risk management. Traders are strongly encouraged to apply and take advantage of our unique offer.

Candidates must show:

  • A track record, which must be a verifiable statement from a registered brokerage firm. Track records must be from a live account; demo account statements will not be accepted.
  • A brief description of your trading methodology and trading experience.

For more detailed information can be found in

Your Guide to Learning a Forex Trading System with ForexGen

Your Guide to Learning a Forex Trading System with ForexGen





There are a great number of people in America that are interested in investing in order to make a tidy profit.

There are many ways to invest and many ways to make profits by investing. One method that has been gaining in popularity is that of the Forex trading system. If you are unsure of what this is, let me explain. Forex stands for foreign exchange. A Forex trading system is defined as the simultaneous exchange of one countries currency for another countries currency. If you would like more information, please let this be your guide to learning a Forex trading system.

The Forex trading system involves trading some of the world's most major currencies. These are: the dollar, yen, British pound, Swiss franc, and the Euro. The way the exchange rates of these types of currencies change is based on economic growth. An example: Sometimes the Dollar is worth more than the British pound because the United States was in a period of economic growth while Britain was on the decline. This can be because the unemployment rate was declining in the United States, while on the rise in Britain. Another example: the export rate is up in Asia so the yen is worth more than the Swiss franc where the export rate is down. Economic growth changes daily, so the value of these currencies changes daily. You need to learn to watch for these changes in order to make any money with the Forex trading system.

The Forex Trading system is much larger than that of all U.S. stock markets combined. In fact, the Forex Trading system makes about 1.9 trillion dollars each year. This is 30 times larger than the U.S. stock markets. Also, Forex trading is done throughout the entire world, so it is available 24 hours a day, unlike the U.S. stock markets.

You can learn the Forex trading system for free online at ForexGen site. ForexGen offers a free demo account and free Forex trading System training. This way you can practice everything you learn for free, without investing or losing any real money. Then when you get a feel for the Forex trading system, ForexGen offers a free 30 day trial or free trades to new investors. It is best to utilize some of this free training and the free demo accounts before you start investing your own money.

Now that you understand the Forex trading system a little better, you may wish to get out there and start investing. There is a lot of money to be made, or lost. Be careful and make sure you get the proper training first. With the right frame of mind, you may be able to make some healthy sums of cash through the Forex trading system!

For more detailed information can be found in

News Feed with ForexGen

News Feed with ForexGen



Market Watch

Tokyo exporters, Shanghai financials lift region
Asian indexes rebound strongly Thursday, with Japanese stocks bouncing back on gains for exporters such as Nintendo Co. and Honda Motor Co. after an advance on Wall Street, while Hong Kong stocks snap a four-day losing streak on resource issues such as Cnooc and Aluminum Corp. of China.

Edging back into the market
A fierce February has left investors bruised, but stocks are still roughly where they were when it began. And one letter that called this winter's woes is continuing to edge back into the market.

The real reason Wall Street is selling Visa
If you want to know how Wall Street works, look at Visa?s initial public offering.

·

· Bank of America says merger on despite Countrywide woes
Bank of America Corp.'s acquisition of struggling mortgage company Countrywide Financial Corp. is proceeding as planned despite skyrocketing delinquency rates in the lender's mortgage portfolio, the bank says.

·

· Lifecasting may seem odd to some but it may be the future
A young software developer named Justin Kan used to irritate me to no end as he went around San Francisco early last year with a Web camera on top of his head, filming and streaming over the Internet everything in his view.

·

· Rio Tinto sells Cortex gold mine stake for $1.7 bln
Rio Tinto announces its unit Kennecott Explorations has completed the sale of its 40% interest in the Cortex gold mine in Nevada to joint venture partner, Barrick Gold Corp., for $1.7 billion in cash.

·

· Brazil benchmark gains 1.5%; Mexico ends higher
Brazilian stocks close higher Wednesday as investors hunted for bargains among blue chips, and Mexican stocks track Wall Street to a higher finish.

·

· Stocks in focus for Thursday
Among the companies whose shares are expected to see active trade in Thursday's session are Blockbuster, National Semiconductor and Urban Outfitters.

·

· No rate change expected at Fukui's last Bank of Japan meeting
Bank of Japan Governor Toshihiko Fukui presides over his final policy board meeting in Tokyo from Thursday, with the two-day event expected to yield little change to monetary policy. As Fukui prepares to exit, it remains to be seen who will take the helm at what is a critical juncture for both the Japanese and the global economy.

·

· Bank fees even confound experts; how to unearth them all
Get out an extra-powerful magnifying glass if you?re trying to learn what fees you?ll be charged once you open a checking or savings account.

For more detailed information can be found in

Trading Terminal with ForexGenTrading Terminal with ForexGen

Trading Terminal with ForexGen



The Trade Terminal allows trading and controlling the opened positions in real-time. It can be accessed through the menu opens View > Terminal or by pressing the Ctrl + T key combination. The Trade Terminal button on the toolbar can also be used. The Trade Terminal can be dragged to anywhere on the screen.

Trade Tab
It includes a list of the active currency positions. Positions are managed through a context menu by right-click on any position.

Active Positions Context Menu - a synopsis:
• New Order - will open new order form window.
• Close Order - will open the close order form window.
• Modify or Delete Order - use this option to edit your stop-loss and take-profit orders.
• Trailing Stop - a predetermined trailing stop can be entered or set up a custom one.
• Profit - determine the way of showing the profit as points, as term currency or as deposit currency.
• Commissions - the Commissions fields applied on and off in your trade terminal.
• Taxes - the Taxes field applied on and off in your trade terminal.
• Comments - the Comments field showed on and off in your trade terminal.
• Auto Arrange - When off, this allows you to rearrange your trade columns however you like (width, placement, etc.).
• Grid - show and hide the grid to separate the columns.


Account History Tab
The trade operations' information is stored in the Accounts History tab.
News Tab
Real time streaming news, showed directly on the desktop ForexGen customers and demo users.
Alerts Tab
This tab contains information about any created alerts. The alerts are generated for signaling events in the markets. The trader can set up his own alerts and the client terminal will automatically inform the trader of the server event.
Mailbox Tab
The Mailbox is ForexGen internal mailing system which includes the information about the registration, account and system.
Experts Tab
The Experts tab contains the information about any attached expert, including opening / closing of positions, the modification of orders, the experts own messages, etc.
Journal Tab
The Journal tab contains a list of your actions within the current session.

For more detailed information can be found in

ForexGen Trading Signals

ForexGen Trading Signals




Dash Board indicator

Dash board is an assisting tool that makes strategies combinations where its calculations depend on volumes and correlations between strategies including a function that weights the indicators’ signal depending on strategies based on trend, oscillators, bill Williams, volumes and custom indicator; it gets the average signal among all the strategies over a specific time frame. It shows the buy/sell signals by different strengths in the short, middle and long periods:

- Short strength expected results may take from 2 to 8 hours to produce profit and the expected gain may reach average 20 to 30 pips.

- Middle strength expected results may take from 8 to 24 hours to produce profit and the expected gain may reach an average of 30 to 60 pips.

- Long strength expected results may take from 1 to 5 days to produce profit and the expected gain may reach average 60 to 30 pips.

Indicator features:

- History mode feature that allows traders to get the dash board indications for any point in history.

- The ability to show or hide all strategies.

- The ability to add or remove any strategy from Dash Board calculations.

- Assigning weights for each strategy in Dash Board calculations.

- The ability to store Dash Board values in files.

Dash Board for all indicators

Dashboard for all is an assisting tool that includes 27 currency pairs, it allows traders to see the CIF values for the selected currencies on one chart. It represents the buy/sell signal by a percentage of different strengths (short, long, and middle). The dashboard for all calculations for each currency pair depends on, volumes and correlations between strategies including a function that weights the indicators’ signal depending on strategies based on trend, oscillators, bill Williams, volumes and custom indicator; it gets the average signal among all the strategies over a specific time frame. Dash board for all indicators includes a history mode parameter which allows the trader to get the dash board indication for a historical point for many currencies at any time frame.

Indicator features:

- Showing more than one currency pair on the same chart sorted by spread ascending.

- Showing currency pairs having the same spread with the same color.

- Showing average, short, middle and long term CIF values beside CIF values for all pairs.

- The ability to select the needed currency pairs to be shown.

- The ability to select directly all currency pairs to be shown.

- ForexGen support the following symbols.

- The ability to store current CIF values in a text file for the selected currency pairs.

- The ability to store history CIF values in a text file for the selected currency pairs.

- The ability to show or hide all currency pairs (hide them while storing in file).

- The ability to use currency pairs correlation and weights functions.

The following screen is to select the desired pairs to represent their CIF values on the current chart.

.

Strategies Board

Strategies board is an assisting tool that produces buy and sell signals based on many sophisticated trading strategies that anticipates the markets and predicts the trend and breakouts.The generated signals are the average signals among all the used strategies over a specific time frame. The signals is divided into different strengths in the short, middle, long periods.

Indicator features:

- History mode feature that allows the traders to get the strategy board indications for a historical point of time.

- The ability to show or hide all strategies.

- The ability to select the included strategies in strategy board calculations.

- Assigning weights for each used strategy.

The following screen is to select the desired pairs to represent their SIF values on the current chart.

For more detailed information can be found in