Forexgen

SWAP-FREE ACCOUNTS in forexgen

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ForexGen offers the swap-free accounts. Currency swaps will not apply to ForexGen accounts.
ForexGen will not charge a fee of per traded lot round turn. ForexGen will invoke this right in case of suspicion of abuse.

Stop, limit Order Execution
Our dealing room always tries to execute top orders (sell stop, buy stop, sell limit and buy limit) at the indicated price unless in the market gaps where price changes at a sudden and it is impossible to fill you with the price that initially requested.
Our dealers always try to fill you at the best price that can be achieved.

Streamline Dealing
ForexGen's clients buy and sell without a request for quote and that means ForexGen provides streamline dealing and tries hard to avoid requotes.
When clients try to take advantage of a wrong price quotes in the Market Watch, requotes take place.

Contract Specifications in forexgen

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Contract Specifications

• ForexGen is specialized in dealing spots, future and stocks; our clients can trade gold, silver, currencies spots and futures.

• For faster, more efficient and successful trading, ForexGen provides the result of online trading experience performed in ForexGen Trading Station which allows our clients to trade live streaming prices without a request for quote and with low spread forex trading.

• ForexGen's dealing room operates 24 hours a day from Sunday 23:00 CET until Friday 23.00 CET.

• The minimum amount to open an account is $250 USD.

• Lot is a predefined amount of a currency.

Important notice: all defined spreads above are targeted spreads, in volatile market situations and in important news or announcements, the above mentioned spreads can be increased for any pair. ForexGen reserve the right to change the values mentioned above at any time for any reason; a notification e-mail shall be sent to all clients to acknowledge any change in the contracts specifications.

How to trade Mini and Micro Lots
All ForexGen clients have the possibility to trade Mini and Micro Lots. The minimum amount clients can trade in Standard Account is 0.1 lot, i.e. 10,000 of the base currency (Mini Lot), The minimum amount clients can trade in Mini Account is 0.1 lot, i.e. 1,000 of the base currency (Micro Lot).

Deposit Funds in forexgen

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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.

Withdrawal of Funds in forexgen

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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 accounting 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.

No Dealing Account in forexgen

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No Dealing Account

Min Acc. Size $ : 20.000

Rec Acc. Size : 50,000

Max Acc. Size $ : n/a

Swap/Comm : n/a

Lots Available : stand-mini

Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot

Leverage : 1:100

Trading symbols : 24 major and cross forex spots+ silver and gold

Spread Majors : By market

Spread Crosses : By market

Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot

News & Charts on platform : Yes

Lot Margin : $ 1000-standard lot and $ 100- mini lot

Trading execution : NDD (sells and buys by market)

Pro Account in FOREXGEN

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Pro Account

Min Acc. Size $ : 5000

Rec Acc. Size : 20,000

Max Acc. Size $ : n/a

Swap/Comm : n/a

Lots Available : stand-mini

Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot

Leverage : 1:100

Trading symbols : 24 major and cross forex spots+ silver and gold

Spread Majors : Fixed 1 pip spread in 10 pairs (EURUSD,USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)

Spread Crosses : Fixed (3+ pips spread)

Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lo

News & Charts on platform : Yes

Lot Margin : $ 1000-standard lot and $ 100- mini lot

Trading execution : Dealing Desk Enabled, OTC execution

Standard Account in FOREXGEN

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Standard Account

Min Acc. Size $ : 2500

Rec Acc. Size : 10,000

Max Acc. Size $ : n/a

Swap/Comm : n/a

Lots Available : stand-mini

Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot

Leverage : 1:100

Trading symbols : 24 major and cross forex spots+ silver and gold

Spread Majors : Fixed 2 pips spread

Spread Crosses : Fixed (3+ pips spread)

Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot

News & Charts on platform : Yes

Lot Margin : $ 1000-standard lot and $ 100- mini lot

Trading execution : Dealing Desk Enabled, OTC execution

FOREXGEN Live Accounts

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Open Live Account

ForexGen offers the swap-free accounts. Swaps will not be applied to ForexGen accounts.

Mini Account

Min Acc. Size $ : 250

Rec Acc. Size : 1000

Max Acc. Size $ : 2500

Swap/Comm : n/a

Lots Available : mini-micro

Lot Size : 10,000 unites for mini lot and 1000 unites for micro lot

Leverage : From 1:200 up to 1:500

Trading symbols : 24 major and cross forex spots+ silver and gold

Spread Majors : Fixed 2 pips sprea

Spread Crosses : Fixed (3+ pips spread)

Pip Value for spots : $1 Per Pip -mini lot and $ 0.1- micro lot

News & Charts on platform : 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

Trading execution : Dealing Desk Enabled, OTC execution

FOREXGEN Demo Accounts

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Open Demo Account

ForexGen provides its traders with a free Forex demo account where the trader is allowed to participate in Forex trading with real market conditions and get used to the Forex trading employing ForexGen professionalized online trading platform. A Forex demo account permits the trader utilize the advantages and the benefited features provided by our online trading services. The trader must enter a valid e-mail address to freely open a demo account. You will be able to upgrade to Live Account at any time with minimal efforts.

ForexGen demo account advantages:

Innovated trading with no request for a quote for up to 200 lots (20 million).
The client is provided by a simple system with included options that are easily grasped and used.
Real time prices are usually modified and provided.
ForexGen provides Real time charts with the most famous indicators.
Daily reports for the account status.
Summarization of the current client's orders, account equity, profit and loss ranging.
Exclusive technical analysis provided daily to your mailbox in the Trading Platform. The trading real time technical analysis by Capital Management is sent daily to the trader’s mail
Streaming News headlines are supplied by AFX News.
The ability to form the traders own strategies using the Expert Advisor. Available for real accounts upon written request

Important notes:

When opening a demo account you will have the same features on the system as a real client, however this account is for demonstration purposes only. Please notice that the demo platform is fully automated and does not enjoy the attention of our dealing room. In volatile markets the dealing room may increase the spread slightly for a short period of time, however all temporary changes are only made on the live server and does as such not affect the demo accounts.
To open a demo account you must enter a valid e-mail address.
The demo account is only valid for a period of 30 days. Please be aware that all data will be lost when the demo account expires.

forexgen Accounts

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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.

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.

Spread
All spreads are fixed intra-day and night and ForexGen maintains fixed spreads during normal market conditions.

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.