Wednesday, March 19, 2008

About ForexGen



ForexGen LLC is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.
ForexGen LLC provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.

ForexGen LLXserves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.

Throughout our partnership with the industrial leaders, we are capable of delivering incomparable quality of online currency trading service.
The ForexGen LLC services are all controlled by the international banking and financial regulatory standards. ForexGen LLC is continuously providing the Forex market’s safest trading terms & conditions. Providing professional currency trading services that meet our client’s expectations is our first priority.

ForexGen principals:
ForexGen LLC customer satisfaction is our major objective. To reach our business goals, we strive to put our client’s goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.

The ForexGen’s provided services are all restricted and regulated by the international banking and financial regulatory standards. All our provided activities are supported by creativeness and modernization. Ambitious & motivated employees are working simultaneously to protect the customer’s confidentiality. ForexGen LLC is continuously providing the market’s most competitive conditions.

ForexGen LLC complies with the trade commissions in the USA, EU and Australia. Being registered by the commercial authorities in 18+ countries, we adhere to the United Nations Commission on International Trade Law (UNCITRAL).

Profile regulatory information
ForexGen LLC is complying with all applicable international laws and all financial regulations and procedures governing its industry in order to sustain the security standards in the financial services world.

According to the Federal Trading Commission (FTC) and Commodity Futures Trading Commission, all financial institutions are obligated in conformity with the anti money laundering laws (AML) that control money laundering and maintain the integrity and security of the international banking and financial institutions. ForexGen is regulated by the international authorities against money laundering and in full compliance with the International Laws.

This is the reason why our customers have to provide us with identifying documentation and the documents proofing the origin of their funds in order to secure that the funds that ForexGen LLC will receive are fully and legally originated according to the European Trading Commission and the European Anti-Fraud Office.

As the international banking standards imply, we preserve all the customer’s account information both personal and financial. Our target is to achieve our principal goal, which is gaining the customer’s confidence and reach to the maximum satisfaction level.

ForexGen LLC state-of-the-art encryption and confirmation rules and certification ensure that every trader’s contract is verified and secured.

Benefits of Forex Trading with ForexGen



Forex offers great investment opportunities for those wishing to diversify their portfolio. Forex benefits and advantages are many. Here are some of the main reasons why more and more corporate and individual investors choose to trade forex:

  • No Commissions, Small Transaction Costs: This is probably one of the most attractive forex benefits. Indeed, when you trade forex, you are not charged any fees or commissions on your deals. The way it works is that brokerage firms get paid through spreads (the difference between the bid and the ask price). This allows for extremely low transaction costs. Thanks to its large number of clients and to the large volume and capital traded through the platform, ForexGen offers very competitive spreads on the main currency pairs.
  • Leverage Trading: High Returns with Relatively Small Deposits. this means that even if traders deposit a small amount of money, they can actually trade with a much bigger contract value. ForexGen offers a 200 to 1 leverage. If you make a $100 margin deposit, you can actually trade $20,000 worth of currencies. With a $1,000 margin deposit, you can buy or sell $200,000 worth of currencies. However, you must keep in mind that if leverage allows for substantial profits, it also can lead to equally significant loss. One of the chief forex benefits can thus become a major liability. That's why you need to figure out your own risk management policy before you start trading.
  • High Liquidity: This refers to the forex market's ability to quickly convert or liquidate deals through buying or selling and without causing a significant price movement. The high liquidity of the forex market is mainly due to the large volume of currencies traded around the world. That way, currencies are exchanged instantaneously, 24 hours a day and with minimum loss value, since the next trade is usually executed at the same price as the last one. In the forex market, there are always plenty of ready and willing buyers and sellers.
  • Open 24 hours a day: The forex market is open 'round the clock, 5 days a week, from Sunday 5 pm EST to Friday afternoon 4 pm EST. This is due to the fact that there is an overlap of different time zones and that there is no physical central exchange that opens and closes at a particular time. Forex works through a global electronic network of corporations, banks and individuals. When you hear that a certain rate closed at particular price, this refers to the price at market close in London or elsewhere. However, unlike securities, currencies are still traded somewhere else in the world. The global scope of currency trading, as well as the high demand for currency, implies that there are always investors somewhere who are willing to buy or sell currencies. This also allows traders to trade on a part-time basis, meaning that they can choose to trade whenever they want.

Trading with ForexGen



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 LLC 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 LLC 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 LLC 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 LLC 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.
  • TRADING LIMITATIONS.

    ForexGen LLC at any time, in its sole discretion, may limit the number of positions which Customer may maintain or acquire through ForexGen LLC, and is under no obligation to effect any transaction for Customer’s accounts which would create positions in excess of the limit which ForexGen LLC 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 LLC if Customer is required to file any reports on positions.

    ForexGen LLC 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 LLC 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 LLC 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.

Different 5 Accounts with ForexGen



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.

Live Account Type

Mini Account

Standard Account

Pro Account

Premium Account

No Dealing Account

Minimum Account Size $

250

2500

5000

50.000

20.000

Recommended Account Size

1000

10,000

20,000

100,000

50,000

Maximum Account Size $

2500

n/a

n/a

n/a

n/a

Swap/commissions

n/a

n/a

n/a

n/a

n/a

Lots Available

mini-micro

stand-mini

stand-mini

stand-mini

stand-mini

Lot Size

10,000 unites for mini lot and 1000 unites for micro lot

100,000 unites for standard lot and 10,000 unites for mini lot

100,000 unites for standard lot and 10,000 unites for mini lot

100,000 unites for standard lot and 10,000 unites for mini lot

100,000 unites for standard lot and 10,000 unites for mini lot

Leverage

From 1:200 up to 1:500

1:100

1:100

1:50

1:100

Trading symbols

24 major and cross forex spots+ silver and gold

24 major and cross forex spots+ silver and gold

24 major and cross forex spots+ silver and gold

24 major and cross forex spots+ silver and gold

24 major and cross forex spots+ silver and gold

Spread Majors

Fixed 2 pips spread

Fixed 2 pips spread

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

Fixed 0 pip spread in 10 pairs (EURUSD, USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)

By market

Spread Crosses

Fixed (3+ pips spread)

Fixed (3+ pips spread)

Fixed (3+ pips spread)

Fixed (3+ pips spread)

By market

Aprox. Pip Value for spots

$1 Per Pip -mini lot and $ 0.1- micro lot

$10 Per Pip-standard lot and $ 1-mini lot

$10 Per Pip-standard lot and $ 1-mini lot

$10 Per Pip-standard lot and $ 1-mini lot

$10 Per Pip-standard lot and $ 1-mini lot

News & Charts directly on platform

Yes

Yes

Yes

Yes

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

$ 1000-standard lot and $ 100- mini lot

$ 1000-standard lot and $ 100- mini lot

$ 1000-standard lot and $ 100- mini lot

$ 1000-standard lot and $ 100- mini lot

Trading execution

Dealing Desk Enabled, OTC execution

Dealing Desk Enabled, OTC execution

Dealing Desk Enabled, OTC execution

Dealing Desk Enabled, OTC execution

NDD (sells and buys by market)


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.

Dealing Spreads

(Standard & Mini Accounts Only)

Currency Pair

Spread


Currency Pair

Spread

EUR/USD

2 pips


EUR/CHF

2 pips

USD/JPY

2 pips


EUR/CAD

7 pips

USD/CHF

3 pips


EUR/AUD

6 pips

USD/CAD

3 pips


GBP/JPY

7 pips

GBP/USD

3 pips


GBP/CHF

6 pips

EUR/JPY

3 pips


CHF/JPY

2-4 pips

AUD/USD

2 pips


AUD/CAD

10 pips

NZD/USD

5 pips


AUD/JPY

5 pips

EUR/GBP

2 pips


AUD/NZD

10 pips

NZD/JPY

6 pips





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.

ForexGen Promotions



Dear Valued Client,

ForexGen keeping the New Year special promotion which is 20 % bonus on deposit as result of our clients request to extend this offer for February

It has been a great experience and pleasure working with you throughout this year, which witnessed major achievements in the business of ForexGen.

This has been realized thanks to your valuable support and cooperation

In appreciation of our successful cooperation over the past year, our entire team wishes you Happy Holiday Season to you and to your dear ones. We sincerely hope that 2008 will be a year of accomplishments for your business.

May this festive Season and the coming Year bring you Good Health, Happiness and Prosperity!

In this occasion ForexGen would like to offer you 20% bonus on every deposit you will make till the end of January 2008 as a gift to help you staring your trading activities

For more information about ForexGen current promotions and offers we would like to invite you to attend our webinars which will be held daily every 4 hours

If you are interested to attend one of our webinars please send us a feedback on info@forexgen.com and we will provide you with more information, by attending a webinar you will be entitled for a free gift from ForexGen, please contact us at info@forexgen.com for more details

Accept our best wishes,

ForexGen Marketing Department

www.ForexGen.com

Special Promotion for New Clients

Free cash bonus when you open your new live account withen the next 30 days. You will recieve a FREE cash bonus which will be added to your trading account. The cash bonus depends on the account type you open.

Account Type
Free Cash Bonus

Mini Account

10% of your deposit

maximum $250

Standard Account

10% of your deposit

maximum $500

Open A New Live Account Now

To be able to withdraw your free cash bonus, you need at least to open 20 trading lots in period not exceeds 3 months.For more information about our current and future promotions, contact one of our customers support agents at promotions@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or you can chat with our representatives, you can also request a call back from one of our agents by sending us your contact number and the best time we can reach you.

Trade, Compete, and Win - Begins the 1st of Every Month!

ForexGen has the pleasure to announce the launching of its first monthly Live Accounts contest,

This is NOT a demo contest

this is a live trading competition open for all live mini account holders. At the beginning of each month, the slate is wiped clean and traders have a new opportunity to win the monthly prizes.

What makes this contest unique?

All prizes are CASH prizes with no restrictions on withdrawing the prize money!

How Do I Enter?

You don't have to pay any fee to enter this contest, all ForexGen mini Accounts with a balance of "$1000" and a default leverage of 1:200 are entitled to participate in this contest upon their account holder request by sending an e-mail request on live.contest@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it including their "live Account Number".

By the end of each month, the highest 5 accounts with the highest profits (including floating P/L) will be granted the following prizes:

First place: 50% of the account profit
Second place: 40% of the account profit
Third place: 30% of the account profit
Fourth place: 20% of the account profit
Fifth place: 10% of the account profit
(Profits will be added to the live account balance)

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.

Winners will be announced by the 15th of the following month. For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or you can chat with our representatives

You can also request a call back from one of our agents by sending us your contact number and the best time we can reach you.

Win Cash Prizes

ForexGen has the pleasure to announce the launching of the Demo Account contest on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on demo.contest@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it including the following information:

- Full name:

- Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your demo account login information which will be used in the trading contest.

By the end of each contest:

1. All participants that manages to open at least 20 lots will be awarded a Live Account with $50 credit

2. All participants that manages to open at least 20 lots and keep their demo account initial balance will be awarded a Live Account with $100 credit

3. The highest 5 accounts with the highest profits (including the floating P/L) will be awarded a Live Account with $250 credit.

The contest starts on the first Sunday of each month at 10 pm GMT and ends on the last Friday of that month at 10 pm GMT.

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or you can chat with our representatives, you can also request a call back from one of our agents by sending us your contact number and the best time we can reach you.

If you have any friends who trade in the Forex market, and may be interested in joining ForexGen.com, why not get a FREE cash bonus from their trading activities?The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met:

1. The referred party has opened a live standard account of at least $2,500 USD and has traded 20 round turn lots.

2. The referred party has opened a live mini account of at least $250 USD and trades 20 round turn lot, the referring party receives $10 to their ForexGen account.

Click here to refer a friend

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or you can talk with one of our representatives on the live chat.

Also, you can request a call back from one of our agents stating the best time we can call you back.

Trade and scalp the market ForexGen has the pleasure to announce the availability of both Dealing Desk and No Dealing Desk Platforms. No Dealing option provide traders with direct access to the best bid/ask prices through multiple bank access. No re-quotes & No dealer confirmation is the main characteristic of the no dealing option made specifically for “scalpers” and active FX professionals. Absolute freedom to trade during news and economic events. The no dealing desk option allows traders to place entry orders inside the spread! Unlike competing FX firms, ForexGen offers traders all the advantage of a “no dealing desk” option.

Advantages of No Dealing Desk Option

· Trade the news without intervention or restrictions

· Although spreads may vary in volatile market conditions, they are tried to be kept within the usually limits.

· Place scalping orders without intervention or restrictions.

· A client-friendly trading environment, No re-quotes.

· Ability to place orders inside the spread

· Competing rates from multiple banks

· Spreads are variable and can move sharply

· Ideal for active or professional FX traders

For more information about our current and future promotions, kindly visit this page often or contact one of our customers support agents at promotions@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it , or you can chat with our representatives, you can also request a call back from one of our agents by sending us your contact number and the best time we can reach you.

Money Manager with ForexGen



An individual who is responsible for the entire financial portfolio of another individual or another entity. A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.

Benefits of being a Money Manager with ForexGen:

  • Providing three different commission sources.
  • Weekly commission plan.
  • Easy & fast commission withdrawals.
  • Fixed percentage of the profits.
  • P = k * D “P=Profit, k=Variable Parameter, D=Deposits”

The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature.

Individualized services:

ForexGen Money Manager’s services provide an extremely competitive program for managing client’s funds in order to introduce new clients to the Forex Market without having them to trade. The Money Manager will be gaining commissions from two fixed sources and a variable one based on the amount of deposits you are managing in your money manager account. Money Manager's client's account can be activated with the agreement of their clients. Moreover, they will be enjoying the benefits of being a ForexGen family member:

  • Up-To-Date RSS news feed.
  • Lowest spreads in the Forex Market.
  • Tremendous amount of Technical Indicator.
  • Fast order execution.

An Example for one of the Money Manager’s bonuses:

Deposit Amount (US Dollars)

Bonus

Added to

$50,000

$1,500

Master Account

$100,000

$3,000

Master Account

$250,000

$7,500

Master Account

$500,000

$15,000

Master Account

$1,000,000

$30,000

Master Account

The most competitive trading conditions:

  • 2 pips spread on six currency pairs.
  • Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays.
  • Leverages up to 1:200 for accounts up to $1 million US.
  • Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.