ForexGen Moneys

Expert advisor’s are used to automate the trading process and relieve traders from constantly performing the day to day trading activities. Many experienced traders apply multiple automated trading strategies and make them operate in different market situations and with a variety of conditions.   

ForexGen traders will have the opportunity to write and test their trading strategies in the well-known, easy to use, popular and used strong analytical development package, which is MetaQuotes Language 4 (MQL 4) developed by http://www.metaquotes.net/.

With ForexGen client expert advisor tool there will always be a way, by which experienced traders can link the signals generated by the trading systems with their trading accounts, and link them in such a way to be able to track and manage their opened positions, placed orders and stops at any given moment.

ForexGen provide 24/7 customer support that are waiting for any Inquiries to meet all customer needs.

ForexGen provide a full time assistance service to support thier customer in dealing easily with ForexGen trader software.
Even if you face any problem during downloading or setting up the software, ForexGen will help you overcoming it that ForexGen provide the trader with full scale demonstrations and troubleshooting for technical problems.

ForexGen strives to give incomparable professional and individualized trading services. As a professional online trading service, ForexGen provides several facilities for all kinds of traders.

ForexGen is the easiest and fastest gateway for the traders to perform successful trading, which provides a unique institutional investor professional facilities and highly qualified individualized services for the international customer. ForexGen provides advanced online trading software with full trading services.

ForexGen delivers what traders want: instant order execution, lowest spreads, flexible starting capital, fast online and free deposits and withdrawal, and most of all, solid funds security.

Winning in trading depends on using the right strategy and controlling all the moves. Trading strategies are discussed in details at ForexGen Academy.

Opening a ForexGen trading account is easy, fast and secure. Just complete and submit your application online in just a few minutes. Representatives are available 24 hours a day, 7 days a week.

Account Size
The minimum amount required for opening a ForexGen Live trading account is $2,500 for standard Account and $250 for Mini Account but the recommended minimum investment size is $10,000 for standard Account and $1,000 for Mini Account. That is because of the high leverage and the extremely volatile nature of the Forex market.

Trade Size
All trades are executed in standard sizes of 100,000 base currency for standard Account and 10,000 base currency for Mini Account per one lot on the ForexGen trading platform. There is no maximum trading volume on the ForexGen trading platform.

Pip/Tick Value
Trading on the ForexGen Platform facilitates calculating the profit and loss. In the EUR/USD and almost the other 17 currency pairs, a movement of one pip/tick value in the exchange rate equals ten dollar profit or loss for standard Account and one dollar profit or loss for Mini Account in the account value per lot.

Margin Requirement
Guaranteed Limited Risk: The account equity, the total floating value of the account, is an important safety feature in the ForexGen system that prevents traders from losing more money than they have in the account. Should the account equity fall below the margin requirement of approximately 5%, the system will close all opened positions.

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www. Forexgen.com

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Trading Support

Dealing Rooms

ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.

You are encouraged to contact the dealing room by phone in these situations:

• If you are not able to access the internet.
• Failing to receive a confirmation on an online order.
• Failing to connect to ForexGen server.

Whenever the trader asks for trading support, our team checks if the trader has performed the trading factually in order to facilitate the trading process and make it faster. Please pay      attention to the following instructions before calling the trader support in the trading call center.

1.      Your account number (visible in your Summary Report under ACID). While the User ID number is unverified.

2.      Determine whether the order is a Market Order or a Limit Order and the number of units and the desired currency pair. ForexGen provides the trader with a factual changing quote stream. The prices can be changed more than three times at every second. Consequently the Market Orders will be maintained according to the current price the order was placed.

3.      Specify your trade as “I would like to buy 5 lots of USD/JPY during the Market with a stop loss of 102.45 and a take profit of 102.62. . .”.

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www. Forexgen.com

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The literary work relevant to the study of “leverage” defines it as having the competence in directing influence over a large amount of money using nothing or very small amount of your money and to borrow with the intention of returning the rest.

As an example, in the forex investments, you can control $1000 with a $100 deposit. Your leverage, which conveys a true impression in ratios, is now: 100. You’re now controlling $1000 with $100.

Let’s say the $1000 investment goes up in value to $1001 or $100. If you had to make an approach with the entire $1000 capital on your own, your bring in would be 1% ($100 gain / $1000 placed at the beginning of investment). It is also called 1:1 leverage. As might be expected, I think 1:1 leverage is a inappropriate designation because if you have to competence in directing influence over with the entire amount you’re trying to have power over, where is the leverage then in that?

It is fortunate that, you’re not leveraged 1:1; you’re leveraged 1:100. You only had to produce $100 of your money, so your bring in is a marvelous 100% ($100 gain / $100 initial investment).
At the moment I want you to do a quick exercise. Calculate what your bring in would be if you lost $100.
If you calculate it as I have done, which is also called the right way, you would end up with a -1% return using 1:1 leverage and an OMG! -100% return using 1:100 leverage.

You’ve in so far as seems reasonably true heard the good hackneyed theme like “Leverage is a double-edged weapon.” or “Leverage is a two-way road.” Well….as you can see, these themes weren’t lying.

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Www. Forexgen.com

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Most beginners place too low value on the potentially disorder damage leverage can cause the infliction on their accounts. It is curtail to Understand leverage enough to know when to use it and when NOT for you success.

A very powerful tool Leverage is but both old and new traders use it to ruin their trading capital simply because they take its destructive force with indifference or carelessness or ignore it altogether. But the more of them the easier for us smart traders to make money. Sad but true.

High leverage is a great selling point for most of the forex brokers. Yes they are pitching that you can make a huge killing using huge leverage, but be sure  you could easily be killed by huge leverage as well.

Brokers want you to trade with a short-term mental attitude.  It’s the only way they make money. Some few pips are important to them. The more you trade the more they make from spreads. It’s not in their best interest to tell you to let your trades run longer than the same day.

If you want to give yourself the chance to succeed, first of all learn how to trade profitably without leverage. Trade it safe and protect your capital.

When you can make more pips more than you lose steady continuity, then, and only then, you should let loose this weapon of destruction called leverage. Destroy broker (or traders) taking the opposite side of your trade. Don’t destroy yourself.

Forex investments should be treated as a business. Don’t think that its just because brokers let you use high leverage with a low minimum deposit that you can “make a quick <type the amount of money here>” or “get rich quickly”. Get close to the currency markets with respect.

Be concern for facts in your expectations and be willing to educate yourself very good. If you didn’t, you will die. Not really, but your account will.

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www. Forexgen.com

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ForexGen also offers a “No Dealing Desk” execution option which does not provide fixed spreads or guarantee regarding slippage. Clients are able to select this option at ForexGen’s discretion.

Liquidation
Any depreciation occurring to a point of depletion of an entire balance in Forex account, will be liquidated automatically without any margin calls.

Fees
ForexGen customers enjoy trading without commissions, transaction fees, overnight performance fees or execution.

Overnight positions (swap)
ForexGen offers swap-free accounts. Swaps will not be applied to ForexGen accounts.

Deposit currency
Clients can select to fund their live accounts with USD or EURO.

Reporting
Complete and full detailed reporting about the account trading activities are generated 24 hours a day, 7 days a week.

Opening a live Account Online
Opening a ForexGen trading account is easy, fast and secure. Just complete and submit your application online in just minutes. Representatives are available 24 hours a day, 7 days a week.

Visit us at:

www. Forexgen.com

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