Australian Dollar Fell on Less Home-Loans | ForexGen

ForexGen Advanced trading tools are at the client's reach, providing modified up to minute news, ForexGen supports reporting each day & each week plus alerts of the real time trade.

The Australian dollar declined today on Forex during the Asian trading session after the report on home-loans showed a massive decline in the sector and the consumer sentiment index dropped to its lowest level since 1992.

The Aussie (a nickname for the Australian currency) declined against all other major currencies including the U.S. dollar, the yen and the New Zealand dollar today. Traders were giving up their last hope that the country’s central bank will go for at least one interest rate increase by the end of the year.

The report by the Australian Bureau of Statistics showed that the residential home-loans declined 7.9 percent in May. Experts expected only 2 percent drop and such a fast decline is a very bad signal for the Australian economy and currency.

The Westpac Melbourne Institute Index of Consumer Sentiment fell 6.7 percent in July — from 84.7 to 79.0. Now the index stands at its 16-year lowest value. This unexpected fall followed a 5.6% decline last month. The most probable explanation for such a sharp fall in the index this month could be high oil and gas prices.

AUD/USD declined from 0.9532 to 0.9519 today as of 11:07 GMT, the daily minimum was at 0.9475. AUD/JPY went down from 102.38 to 102.20 with daily minimum at 101.78. AUD/NZD shows the largest daily drop since June 12 — from 1.2664 to 1.2609, with a daily low at 1.2585.

Chinese Yuan at New High vs. Dollar | ForexGen

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The Chinese yuan continued its general appreciation trend today and rose against the U.S. dollar and other major currencies as the traders believed that the central bank will continue to use stronger yuan in its anti-inflation policy.

As the inflation soared to 8.1 percent annual rate in the first five months of the year, Chinese Premier Wen Jiabao has already said this month that battling the accelerating inflation is a government’s current main objective. Yuan’s appreciation against the dollar reached 2.1 percent in the past three months.

Market analysts expect China to continue to push forward the yuan’s rate against the U.S. dollar, but they expect the growth to be less straightforward — with more frequent fluctuations of the rate. The average expected rate range by the end of the year is 6.40-6.60 yuan per dollar.

Today USD/CNY pair dropped down from 6.8570 to 6.8464 in Shanghai Forex trading. The daily minimum was at 6.8456 — it’s the lowest level for the currency pair since the end of the yuan’s peg to dollar in 2005.

Indian Rupee Heading for Weekly Gain | ForexGen

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The Indian rupee is more likely to end this week in a positive zone against the U.S. currency as the investors expected that the companies’ good reports will attract traders and the conversion to local currency.

The India’s currency rose to its 2-week highest level today against the dollar after the report by the Infosys Technologies Ltd. showed results that exceeded the analysts’ estimate. A better than expected report of the second-largest software service provider could spur a rally on the Indian stock market next week.

If more companies report good figures for the second quarter, the rupee may get a better support as the stock prices went down this week and many investors may find them attractive to buy.

Foreign investment funds need to convert their currency (most often U.S. dollars) to the local rupees in order to buy the Indian equities. Such exchange helps strengthening the local currency against the dollar.

USD/INR rate lost 0.7 percent falling down from 43.151 to 42.845 this week. The weekly minimum was reached today at 42.717.

Dollar Gains against Yen, Euro, Pound | ForexGen

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The U.S. dollar showed the first daily growth against the euro in last four trading days after the U.S. Treasury Secretary Henry Paulson announced the government’s funding plans for the failing mortgage lending giants Freddie Mac and Fannie Mae.

The dollar also rose against the other major currencies, including Japanese yen and British pounds, after the arrival of the news that Paulson asked the U. S. Congress to buy stakes in both Freddie Mac and Fannie Mae to help them to restore after the crisis.

Federal Reserve will also offer those companies loans at a discount rate in order to supply them with the additional liquidity.

Short-term currency speculators are now restoring the dollar’s position after they sold this currency last week. News that the U.S. government is help the whole financial system through the Freddie Mac and Fannie Mae buy-out will draw more attention to the dollar.

EUR/USD dropped from 1.5961 to 1.5864 today as of 8:44 GMT with a daily low near 1.5841. GBP/USD also declined significantly today — it went down from 1.9910 to 1.9823 with the minimum at 1.9814. USD/JPY showed a moderate growth — it rose from 106.13 to 106.71 today.

AUD Gains on U.S. Credit Market Losses | ForexGen

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The Australian currency rose its highest value in last 25 years against the U.S. dollar as the credit markets continued to lose on the mortgage lending crisis in the United States.

The Australian dollar (also referenced as Aussie in the Forex slang) showed a fifth day of growth in a row and reached the maximum level against the dollar sine January 1983. Investors are afraid that the U.S. banks are short of capital and the attractiveness of the financial sector will continue to fall further.

AUD also rose against the Japanese yen, but the growth was moderate and it’s only second straight day of growth on AUD/JPY. Bank of Japan held the interest rate at 0.5 percent today, downgrading the economic growth forecast.

The good thing about Aussie, that is noted by many currency strategists, is that it remains almost untouched by the financial crisis in U.S., while such currencies as Great Britain pound and euro feel the echo of what’s happening in the States.

AUD/USD rose from 0.9714 to 0.9798 today as of 7:54 GMT. AUD/JPY opened at 103.13 today and is currently trading near 103.28 with a daily high at 103.42. AUD/NZD remains almost unchanged today, trading near its open level — 1.2714, but the intraday spikes are visible in both up and down directions.

The Truth About Fear And Greed While Trading | ForexGen

There are many phrases passed around about trading such as ”buy low, sell high,” but how many traders actually understand how ”fear and greed” drive the markets?

The surprising truth about fear and greed:

The pros and cons of simulated trading and the essentials of money management will both be discussed due to these aspects being related to the emotions of fear and greed in trading. Basically the aim of this article is to shed some light on emotions in trading and how they can be handled by traders.

Many people know that ”fear and greed” cause movements in market prices but it’’s wrong to think that these are always negative emotions.

Let’’s look at greed first. Greed is good! Well a certain amount of greed is good because it’’s needed to make speculators want to trade in the first place. A downside to greed is when it causes traders to ”chase the market,” for example by buying after a large sudden move higher when the market is overbought (i.e. overvalued).

You also need to avoid being too greedy when exiting your trades i.e. you should take profits where your proven trading method says you should.

Fear can be a positive and negative emotion too. Fear is a very good thing when it causes you to close out any losers with discipline where your system tells you to. But not too early or too late.

On the other hand, too much fear can stop you from even entering a trade the moment your system tells you to. To overcome this fear it’’s best to paper trade or make simulated trades for a while before dipping your toes in the water.

Paper trading is something that most traders don”t like doing before they first start to trade for real because they want to get out there in the markets pulling in money. But it’’s important to test your trading methods first by paper trading as this will help you ”pull the trigger” and commit more easily to trades when the time comes to trade for real.

The main problem with paper trading though is that you don”t get as exposed to the emotions of trading as you do when trading for real. Therefore, it can only prepare you to a limited extent.

Using safe money management techniques also helps you to overcome the fear of entering trades. The exact money management rules you use will depend on your trading system. Generally speaking a good rule is to use no more than a tenth of your initial trading capital per trade. Then only increase the amount you are risking per trade once you”ve doubled your initial trading capital.

To sum up, yes you can make big money from trading but it’’s a marathon not a sprint. You”ll need to have realistic expectations and not give in to too much greed. Some greed is good in this walk of life or you would never enter a trade! But not being too greedy means you should take profits where your proven method tells you to and of course, taking the occasional loss really isn”t a problem, just don”t let them run.

Gradually increasing the size of your trades as described is one of the keys to success. Finally, using a proven trading system will also reduce any fear when entering trades.

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 is continuously providing the market's most competitive conditions.

10 Tips for Preparing for a Profitable Trading Day| ForexGen

Every great athlete, musician and professional where the stakes are high, knows that warm up and preparation can make a big difference to performance. Here are 10 tips -trading advice for preparing for your best trading day.

Mental Prep

1. Harness the power of intention

As you become more and more focused as a trader and as you learn to clear your emotions the power of your intention will become stronger and stronger. Begin the day by setting the intention that you will be successful, that you will be profitable, and that you will be safe. If possible visualize it, or feel that it will happen.

If any feelings or thoughts come up contrary to that intention (e.g. I lost yesterday perhaps I”ll lose today) go straight to the next point and clear that thought/feeling.

2. Clear limiting thoughts and emotions

Did anything happen yesterday or on previous trading days that is bothering you? Anything happening in your personal life that may be affecting your state of mind? Any recurring thoughts or feelings that come up during the trading day?

Read my blog post about emotional clearing - learn Core Transformation and clear that crapola out. And for any of you hardcore guys out there that are thinking this might be a bit touchy feely, I suggest you look at this in purely financial terms. Learning these techniques will help you get the success you want. And nobody needs to know!

3. Brain power

Make sure that you have exercised and eaten properly so that your mind is clear and fresh. Have the right snacks at hand so that you can keep your blood sugar balanced, so that you mind stays fresh and optimally focused.

Timing

4. Know when you are going to trade

You may say “How do I know when I am going to trade ahead of time?”. In response I”d say, “if your trading system doesn”t tell you when you are going to be trading ahead of time, then you are missing out on a huge advantage”. As you”ll see from the various blog posts I”ve written on cycle trading, I am convinced that time is as important a factor in determining entries as price. This is why I use a combination of cycles and harmonics in addition to regular technical analysis to determine entries.

Adopting this trading methodology was the single biggest contributing factor for me in becoming a consistently profitable trader, because I can calmly prepare for the times that I am going to trade and I can relax my focus during the times when I know I should be on the sidelines.

Practical Details

5. Are there any economic numbers being released today?

Know exactly what time they are and watch out if you are trading around these times as there may be some dramatic fluctuations in price movement. Unless your strategy specifically includes trading these numbers, many traders prefer to sit on the sidelines until the numbers shake themselves out.

6. Any significant business or world news today that may affect the markets?

Days when companies release earnings or when there are other significant events, make the market jumpy. You need to be forewarned so that you can decide either to sit out, or to be extra vigilant.

7. What happened in the markets overnight?

Same idea as point 4.

Discipline

8. Review your discipline committments

If you are someone that has problem over-trading or pulling the trigger, or if you have challenges following your system, make a list of discipline committments. List out those things that you commit to in terms trading discipline. e.g. I will only take trades on signals that my system gives me. Go through them before the trading day begins and refresh your resolution.

I had a lot of trouble with over trading in the early days. As I got absorbed in the market action it was like becoming hypnotized, my discipline went out the window. I actually had to set an alarm clock to go off and every 30 mins I would re-read my discipline committments to force myself to snap out of it, and refocus on following my trading rules.

9. Review you trades from yesterday and your trading journal

Reviewing you trades from yesterday is a great way to refine your skills and learn more about your strengths and weaknesses. If you had a day where you were able to execute your trades flawlessly based on your system (whether or not they ended up being profitable) you can consolidate the confidence that brings. If you had a day that left an emotional mark because of losses or mistakes you can go back to point 2 and clear them.

If you found that you were unable to execute your trades effectively its another opportunity to revisit your trading rules, your discipline committments, and refresh your intention that today you will trade your system.

Opening

10. Give thanks

Give thanks to your self, and to whatever power of the universe that you respect for the opportunity to trade - which is nothing more than an opportunity to master yourself.

The state of gratitude is a great inner state to approach the day. It buoys your optimism and invites to you the circumstances for success.

As the French say “Bon courage” - and have a safe and profitable day!

ForexGen 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.

Japanese Candlesticks And Foreign Exchange Trading | ForexGen

Do you think of anything when I say the phrase, “Japanese candlesticks?” In fact, this has a lot to do with trading in foreign exchange.

Candle charts (also called “Japanese candlesticks”) were originally created in Japan several centuries ago so that rice could be traded. Today, thousands of traders use the same charting “system” to track price movement.

Many people find that candle charts are easier to read than standard bar charts are, and therefore, they have become very popular. In fact, most Forex charts you see are in the format of Japanese candlesticks.

Candle charts are made up from the opening and closing prices, as well as high and low prices.

If a price opens lower than it closes (in other words rises during trading), a hollow candle is drawn on the chart (usually in white or green).

If a price opens higher than it closes (in other words falls during trading) a filled candle is drawn, usually in red or black in color.

Many online brokers today used the red and green color scheme rather than the white and black color scheme. Trends can be easily seen even by newcomers this way, because green candles signify price increases while red candles indicate that price has decreased.

It’’s not just designed this way for “newbies”, either. Any trader, regardless of experience or skill, needs to be able to have a clear visual system of evaluating data. It’’s essential to his or her decision making process.

However, moving on from the “history” of Japanese Candlesticks and how they relate to Forex trading - let’’s evaluate why they”re significant.

It’’s simple: The significance is that they represent our ability to bring simplicity to complex transactions without losing accuracy.

Whether the context is trading rice in the 14th century or trading the Euro/USD currency pair in 2008 from your high-speed connection, the fact remains that you don”t have to be an expert to understand and profit from complex markets.

The tools you need to succeed have already been developed. All you have to do is practice using them, and you”ll quickly be able to see how what would normally be complex can - through practice and experience - become as simple as any other basic task.

The only question is this: Are you willing to put in the time until it becomes simple?

Ancient rice traders depended on tools like this for their livelihood.

There’’s no reason why you can”t either. And it could end up being a whole lot more valuable than, say, rice.

ForexGen 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.

Profitable Cycle Trading System - Part 1 | ForexGen

First things first - this is not some revolutionary new method. Its in fact a very simple trading methodology based on a few time honored principles and indicators. The core of this method owes its origin to the work of Walter Bressert and is based on Walter Bressert’’s cycle indicators.

Principle 1

The trend is your friend - you”ve heard it a million times before and guess what - its true. This method only trades in the direction of the trend. Furthermore it only trades when the trend of both the short and medium term time frames are in the same direction (more on this later). Why? Because we want to pinpoint entries which move quickly in the direction of profitability. Entries in the direction of the trend can be precise. Counter trend trades are often sloppy and very difficult to time.

Principle 2

Time is as important as price - what does this mean? The large proportion of traders absorb themselves in following price action, looking for a set up which matches what they see. While this may work for traders that have learnt phenomenal levels of focus, detachment and self discipline, for the developing trader this way of trading often leads to hallucinations (seeing things that aren”t there), overtrading and getting caught in the chop. When we follow the principle that time is as important as price, we shift the emphasis of our focus. We place our focus on timing a trade setup, watching for the entry to set up using our timing indicators (cycles) and only when we see that the time is right do we look for price confirmation and a precise entry point.

The effect of this is:

1) We stay fresh because we can relax our focus when our timing indicators show that the time is not right.

2) We can avoid getting caught in the chop and all the frustration (and loss!) that doing so entails

3) We focus all our energy and concentration on effectively executing the signals that have the highest probability for success.

Principle 3

Use multiple time frames. In this method we trade on multiple time frames simultaneously. We use a short term chart (3 or 5 minute) and we use a medium term chart (13 or 20 minute). We only enter trades when those two charts are confirming each other (ie. That their trend and cycle direction are the same). We also use a longer term chart (60 or 102 minutes) to keep an eye on the bigger picture and we use a very short term (1minute) to effect our entries.

If the short term trend or cycle is up and the medium term trend or cycle is down, what is going to happen? They will fight each other and this manifests as chop. What happens in chop? It’’s very hard to time a precise entry, which is what we are all about.

What happens when the short and medium term trends/cycles are in the same direction? They support each other, they strengthen each other and this leads to decisive price movement.

The key here is to understand this: price moves up and down all day. We are going to let a lot of it pass us by - we don”t care. Why? Because what we are interested is pinpointing precise entries that will immediately move in our direction and give us a profit. You may see price moving strongly in one direction while you are on the sidelines, and you may say “damn, why aren”t I getting a piece of that?”. The question is could you have timed the entry or would you have placed 2 or 3 losing trades trying to get in, exhausting and frustrating yourself in the process? We are looking for ease, stress free entries that have a high probability of success.

ForexGen 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 Customer Indicators…

With ForexGen Customer Indicators as The US dollar is the centerpiece of the Forex market and is normally considered the 'base' currency for quotes. In the "Majors", this includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, Open Demo Account quotes are expressed as a unit USD per the second currency quoted in the pair. For example, a quote of USD/JPY 120.01 means that one U.S. dollar is equal to 120.01 Japanese yen.

With ForexGen News Center When the U.S. dollar is the base unit and a currency quote goes up, it means the dollar has appreciated in value and the other currency has weakened.

ForexGen Enterprise Accounts If the USD/JPY quote we previously mentioned increases to 123.01, the dollar is stronger because it will now buy more yen than before. By ForexGen News Center

Patterns Recognizer | ForexGen

Technical analysts in the Forex market found that by observing the candlesticks patterns, there are recurring patterns on the candlestick charts. Such patterns are like recurring pictures on the candlestick charts and they tend to occur when a trend is about to end or reverse its direction. The patterns are a very good visual representation of the price movements and it give traders a good view of what is likely to happen next in the market.

Why are candlesticks patterns important?

The answer for this question is quite simple because candlesticks represent true status of what is going on in the market at the current moment. If a candlestick range is tight, this means that the market range for the trading day was very tight. If these narrow candle range appears after a strong up-trend, it may be a strong indication that themarket there is a bearish power have now entered the market more aggressively, and it’s strongly suggesting that the price may fall down.

Finally, candlesticks patterns can be easily used to determine potential reversals of the current trends in the market - most likely when used at the same time with other technical indicators. By constantly observing the candlestick patterns, traders can observe potential reversals of trends and have good opportunities to join the market with strong indication of what will go on next.

Join Us @ www.ForexGen.com To Get More Information.

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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:
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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:
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Refer a Client To ForexGen

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.
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Gold traders are the winners on ForexGen Hall of Fame list

In the last 4 years ForexGen raised as a new market power in Forex market and among major market investors

Recently some announcements have been made stating that Gold traders are the winners on ForexGen Hall of Fame list

ForexGen representative stated that “ForexGen deal with variable trading options attracting people interest”
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Bank of Canada approves liquidity provider agreement to the favor of ForexGen

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Bank of Canada approves liquidity provider agreement to the favor of ForexGen” provided by a reliable source.

Adding that:

“This is actually a long step towards success, moreover this will ensure security of trading with ForexGen, and eventually increasing targeted customers actually”

By these liquidity providers’ joining ForexGen continues the speaker:

“ForexGen liquidity will be increased and consequently their trading opportunities will be widening to hold more trades. Therefore, ForexGen assures all clients that there will be more chances for trading

ForexGen Academy

If you are an experienced ‘FOREX’ Trader or just a beginner looking for the opportunities offered in the ‘FOREX’ market, Forexgen has created ForexGen Academy to give you the chance to get a ‘FOREX’ education and improve your trading skills.

Practice

ForexGen's Demo account gives you the chance to practice your Forex trading skills with absolutely no obligation on your side. You will also be able to learn how to virtually place market orders and stop-loss orders without risking a penny.

Why ForexGen?

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5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.
   

We consider every client as a special case, a VIP and a partner. A client's profit is our success and a client's loss is a significant call of action for us. Customer care is the heart of our business, we know every client on personal bases as we provide 24/7 customer support. We keep contact with our clients to ensure that we are on the right track. Leading our client relationship to success is our focus. Let's prove to you that you have taken the right step by choosing our partnership.

Win Cash Prizes With ForexGen

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@*****gen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view it including the following information:
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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@*****gen.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view, 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.

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Introducing Broker With ForexGen

Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?

• Providing the most huge income sharing plan
• Providing several ways for our IB's to charge commission.
• ForexGen IB can also charge commission for each lot the traders execute.
• Moreover, ForexGen IB is able to increase the spread for all or certain clients and have ForexGen Investments rebate the difference.

In case the IB does not increase the spread or charge their clients a commission, ForexGen rebate the IB a minor predefined amount for every client's executed lot.
Commission is paid out every month.

Individualized service

ForexGen offers our IB's individualized service created according to the individual needs and specified business situation for each IB.
Our Introducing Broker program provides a highly organized program for individualized services and organizations in order to introduce their clients to the online foreign currency exchange market, moreover they will enjoy the benefits of being a part of the ForexGen family.

• Instant order execution.
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ForexGen main focus is on our client's profitability and satisfaction which increase their online forex trading life time. At ForexGen the trader has the ability to spend most of the time controlling and performing their business rather than troubleshooting.

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Introduced broker's client's account can be activated with the agreement of their clients.

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Live Accounts Contest

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.com This e-mail address is being protected from spam bots, you need JavaScript enabled to vie 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.com This e-mail address is being protected from spam bots, you need JavaScript enabled to vi, 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.

to know more

Win Cash Prizes With ForexGen

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.com This 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.com This e-mail address is being protected from spam bots, you need JavaScript enabled to view, 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.

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Refer a Client To ForexGen

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.

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com This 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.

To know more promotions

Scalping Enabled Account

Trade and scalp the market ForexGen has the pleasure to announce 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.

Forexgen Custom Indicator

You want to create a cool custom indicator, but you do not have enough experience or resources to do it?

ForexGen offers you the chance of a life time by dedicating a team of experienced developers specialized in Forex market to give you assistance and support in your ideas

Contact us at: development@ForexGen.comThis e-mail address is being protected from spam bots, you need enabled to view it

CIF (Correlated Indicators Factor)

-The CIF is an indicator based on the extensive efforts of our house experts using their experience in their concentrated search where they found that one indicator is not enough.

-The experts’ conclusion was that the CIF- mother of all indicators- is the only and the perfect solution that facilitates the manual trading which provides indications with the least risk. It is the trader’s perfect support for every faced obstruction.

-Our house experts categorize and make combinations of the trend, oscillators, bill Williams, volumes and other custom indicators, the CIF signal values is generated according to the indicators’ combinations depending on certain calculations, volumes and correlations between more than one indicator and according to a specified function that weights the indicators’ signal. The CIF values are represented graphically via four lines (short .middle, long, current).

The following screen determines either to show or hide the graphical chart lines of the current, short, middle, long CIF:

Pink: Current CIF represents graphically the CIF values of the current time frame Orange: Short CIF represents graphically the short periods Light Green: Middle CIF represents graphically the middle periods LightSkyBlue: Long CIF represents graphically the long periods.

NDD With ForexGen

Scalping Enabled Account

Trade and scalp the market ForexGen has the pleasure to announce 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.

White Label With Forexgen

Forex White Label partnership allows the trader a quick access to the online foreign currency exchange market.

ForexGen provides two types of trading White Label partnerships, a limited and a full solution. ForexGen different types of forex White Label partners are able to access ForexGen's trading platform entirely branded under each partner's unique company image and name. We provide a customizable online trading platform for the different types of the two White Label solutions.

Full White Label

We provide 'full White Label partnership' to match the needs of the regulated companies and organizations that have a legal authorization to hold clients' funds. Our online trading platform is the most qualified online trading software in addition to an experience based infrastructure, but the full White Label partner is responsible for all administrative work and of all contact with their clients, i.e. opening of accounts.

Limited White Label

Limited White Label partners are also offered to access our customized online trading platform but their customers have to open a direct forex trading account with ForexGen Investments. Consequently, limited White Label partners could be not regulated by a financial authority as they will not hold customers' funds. This service permits the customer to manage his trading actions freely without vast administrative paperwork.

WHAT are the advantages of being a WHITE LABEL PARTNER with ForexGen?

A Qualified and familiar online trading platform branded under each company name!

• Streamline dealing with no request for quote for up to 200 lots (20 million).
• Our online trading platform offers trading of 25 currency pairs also Gold and Silver with the 'one clicks trading' mechanism.
• Constantly updated real time prices.
• Real time charts with the most common indicators.
• Daily account statement.
• Recent technical analysis by Capital Management is provided each day to the mailbox in the ForexGen online Trading Platform.
• Streaming news quotes provided by AFX News.
• An attractive income sharing plan

Trading White Label enables our partners to charge their clients' commission for each traded lot.

They also have the ability to raise the spread for all or certain customers.

ForexGen offers a minor predetermined percentage for every closed lot traded by their customer in case that White Label partner does not raise the spread or charge their customers a commission.

Commission is paid out every month.

Individualized service

ForexGen white label trading offers our partner's individualized service created according to the individual needs and specified business situation for each IB.

White labeling enables you to access one of the two highly advanced ForexGen online Trading platforms according to the customer designation. This reduces your responsibility to provide a platform support and accounting personnel that is regularly required.

White Label trading service enables your customers to benefit from ForexGen advantages which revolutionize the retail foreign exchange industry.

• A qualified online trading platform that offers sophisticated forex charts, a large scale of indicators and trading mechanism , hedging feature, trailing stops that adjust pip by pip, real time streaming quotes and more!
• ForexGen trading services are provided without Dealing Desk which prevents the effect of any one on the prices and pip spreads
• Low spreads - 2 pip EUR/USD, 2 pips USD/JPY and 3 pips GBP/USD, USD/CHF, and EUR/JPY.
• ForexGen leverage could be 200:1 on standard accounts.

The margin requirements on all accounts are:

Account Equity (US Dollars)	Initial Margin	Maintenance Margin end of each weekday (before 23:00 CET)	Maintenance Margin on Friday at 23:00 CET & before holidays
Less than 25,000	0.5%	No minimum required. Accounts are only stopped out at the stop out level.	0.5%
25,000 to 1,000,000	1%	No minimum required. Accounts are only stopped out at the stop out level.	1%
1,000,000 to 5,000,000	2%	2%	2%
5,000,000 to 10,000,000	3%	3%	3%
Above 10,000,000	5%	5%	5%

Getting Started page

1. Send us E-mail for the application and information packet. whitelabel@ForexGen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it
2. Set up costs. The set up costs for the white label program is $10,000 USD. This is charged for the approval of the application and before the project scheduling.
3. Trading platform customization. The White label customization process is by creating a welcome page for your customers including the company name and logo.
4. Grace period. You are allowed to create your required trading volume (500 standard lots per month) or funds under equity ($300,000 USD) in course of three months in order to avoid the maintenance fee of $500 USD each month, which will be paid after the end of the third month

Favorable trading conditions

• 2 pips spread on six currency pairs.
• Leverage of 200:1 leverage for accounts of up to $1 million US.
• 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.
• The minimum account size is $2,000 US which allows trading of mini-lots.

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=Depositsâ€�

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.

For full Information and online application, please click here