Tuesday, November 25, 2008

ForexGen | Know Your Competition




Why should you bother to know your competition in the FOREX market? Simply put,FOREX is a zero sum game – for every dollar someone wins, someone else loses that dollar. Wealth is only created for some by taking from others. It is not like the stock market, where almost everyone (except a small amount of short sellers) benefits from rising stock prices. FOREX is definitely not “win/win,” but rather “win/lose.” Knowing this rule, and recognizing your competition’s tendencies, can help give you an edge.

Who are the major players in FOREX? Banks, hedge funds and multinational corporations are all big players, and they make a lot of money from FOREX. One car company recently attributed a large portion of its profit to FOREX activities. These groups should strike fear into little minnows, because these groups are the professional sharks. They trade day and night, know the ins and outs of the market, and eat the weak. Big moves are usually due to professionals, so following their lead and following Trends they start may be a good strategy.In the same waters the professional sharks swim; there are also a lot of minnows.

They are also your competition, so knowing their tendencies can help you exploit them. Forexample, unsophisticated minnow traders are likely to put stop losses in obvious support or resistance levels. Knowing this, you can exploit this tendency and feed on them. Also, think about the first “sure thing” chart formation you ever learned about.Chances are new traders are just learning about that formation now, so you could fad
their trades and likely do alright

ForexGen Money Manager

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.

For full Information and online application, please click here

Friday, November 14, 2008

Rebates Trading Activities in ForexGen



Send your mind to posture and see how you can get money from your normal trading activity!

This is what ForexGen offers its clients, commissions on trading activities. And what is amazing here is that this offer is for both existing and new clients.


For all ForexGen traders, open live accounts and make your new deposits and earn in turn 10 cents on each mini lot you open on your live account, and $1 on each standard lot you open on your standard account. In making such, how much money do you think you can make? Definitely there is much to be counted.


Think practically, start quietly, trade professionally, and win ultimately.

ForexGen Premium Accounts


Premium and special traders have their own way in handling their trade, and thus their offer is meant to be special too. ForexGen premium Accounts are created for Forex traders interested in trading on huge amounts and are able to make profits as well.

For the sake of those money hankers, ForexGen donates them with sui generis offer non-existed anywhere else. For Premium traders, they can open ForexGen Premium accounts with $50.000 instead of $100.000. Adding to this, ForexGen has enabled Premium traders with dealing desk enabled and scalping options, features that make ForexGen distinguished among others.

Along with this offer, premium account users will find their accounts ZERO spread! This offer is valid till 11-12-2008. Therefore, the chance to gather huge gains is prodigious.

ForexGen NDD Accounts


Time when traders are to be millionaires!


ForexGen has come up with a unique offer for those interested in trading No Dealing Desk. If you want to trade any desired amount and the NDD trading is your preferable, so ForexGen is your place.

Due to the fact that 'No Dealing Desk' option is designed for all types of traders, ForexGen has given it much concern for more benefits. ForexGen NDD traders are wiling to open NDD accounts with as low as $5000 for individual account. An amazing chance for NDD traders to open ForexGen NDD accounts with $5000 instead of $20.000.

Come in traders an
Publish Post
d burst into the market, time to show the world your power.

Bonus on Deposit in ForexGen


ForexGen sole aim is to make its clients reach the utmost satisfaction possible. It is not ramble, it is true and all our clients' testimonials are proofs on that.
Every now and then, ForexGen concerns of adding new offers for all traders. And because ForexGen is individualized in approaching revenues, there released a new offer for the current and new clients.

ForexGen's offer for its clients in November 2008 is adding 25% bonus on the deposited amount. This is for both new and existing clients. The moment you fund your money, a 25% will be added immediately to your deposit. Hence, trading with as large amount as you can.

About the period of this offer, it will be expired by 11-12-2008. So, make haste and catch it before it ends.

ForexGen… Just Dream And Leave The Fulfillment For U

Refer a Friend Promo to ForexGen



Incredible chance to earn money!

Imagine that if you refer your friend to just open a mini account and gain $10!

So, how much money are you going to make if you refer all your friends?

This is what ForexGen makes. And this is the time when friendship plays its role. ForexGen allows all its clients to refer their friends and earn bonus for that. So, if you refer a friend to open a Pro Account you are going to take $250! Amazing as it is. Trade and make profits from your trades and your friends too. Now you can make millions of friends and merge your wealth.

This offer starts in November 2008 and ends by 11-12-2008.

ForexGen Pro Accounts


ForexGen… We Enhance Your Performance

There are some questions needed to be asked to yourself:
- Are you interested in trading Forex?
- Do you have enough experience to trade on high amounts?
- Are you professional trader?
- Are you able to make profits with high tradable amount?
- Do you wish to gain huge profits?
If so, then this is your time to do it.

ForexGen concerns with all traders types and is anticipating for their benefit. So, for professional Forex traders, ForexGen has made an amazing offer. The minimum deposit to open a Pro Account it still $1000 instead of $5000! All ForexGen Pro traders are going to fund their account with as low as $1000 and, hence gaining 25% as a bonus. This offer is valid till the end of the current year,

Join The Row And Trade As A Pro…

Wednesday, November 5, 2008

What's Hot and not in Choosing Regulated Forex Brokers

we hope to share with you the many aspects that this important subject has to offer you.

There are oodles of regulated FOREX brokers online these days and it is hard to pick the best from all these trading platforms. The most important criteria you want to know when choosing these trading platforms are the competitive spreads. The more competitive spread these platforms have the better. A spread is the difference between ask and bid value. The lesser the difference, the spread is said to be more competitive. Competitive spread commonly ranged around 3 to 5 pips.

The next most important criteria you need to know is the transparency of the regulated FOREX brokers platform. Sometimes they might charge you more than they tell you and you might not even know it. They are not there to cheat you. Sometimes there are just errors and I'm sure you don't want to pay more just because of all these errors.

If you're a beginner at trading FOREX
, look for regulated FOREX brokers that give away EBook at no cost that teaches you conduct to trade FOREX. Don't look for a trading method that only teaches you how to use their software. Make sure this EBook shows you everything you need to know to begin trading FOREX
. Also make sure that it provides a professional sense of the most standard techniques implemented now by FOREX traders. Other than that it should include effective and important background plus precise methods, trading tips and so on.

As we take a closer look, keep in mind all of the useful and important information that we have learned so far.

Live Accounts Contest

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.

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

Learn What to Look for When Searching for a Forex Broker

forex brokers are valuable to those that wish to enter into a forex currency trading
. With the advent of online businesses assisted by the technology of the Internet, online forex brokers
are popping up like plants in the World Wide Web because of the ease and inexpensive ways of establishing a corporate appearance. If you are a novice forex trader, you need a very good broker at your side. However, with so many of them to choose from, what should you look for in a broker?

First, brokers should offer competitive spreads, or the difference between the selling and buying prices of a certain currency. Good forex brokers offer anywhere between 3 and 5 pips, the ideal spreads that can make sure you are gaining from your investment. Avoid as much as possible those brokers that offer variable spreads, as you may find a spread that suddenly widens during a busy market, which is where you would gain money, but only if the market is bullish.

Another good indication of a reliable broker is one who uses a secure online connection to take payments and funding for your forex currency account. This ensures smooth trading, because you don’t have to make time-consuming e-commerce transactions just to get money into your account, and another transaction to transfer profits to your bank account
. Remember, you don’t only trade, but you also have to look at forex brokers’ data in order to make decisions. You don’t have the time to make time-consuming transactions in between.

Next, as a way to maximize your potential profits when engaging in the trade, you need to have a broker that will grant a leverage of about 200:1. This is the ideal leverage that forex brokers should have; however, there are some that offer higher leverages. These leverages even reach 400:1 as a maximum, offering your higher potential profits from your forex currency trade.

Of course, you should not be paying brokers extra charges beside the forex currency spread. This is where brokers earn money, and nothing else. Avoid those brokers that charge brokerage commissions because by law, these brokers are not allowed to make charges such as these commissions as well as anything else. You should only be paying for the information they give you, and that is the currency spread.

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. No hard expressions, no buzz words, and no rocket science language are used throughout these lessons.

8 Secrets To Choose A Forex Broker

Forex brokers
can either be individuals or agencies who will do their best to help you profit from the market and cover the risk of the investment
that you made. You Forex trading will largely depend upon your broker as he or she will help you to succeed in the Forex market.

The broker does several things: helps you to manage your accounts, executes your orders and keeps you informed of market trends. You will need to take a look at the forex broker rating before you decide to choose a broker.

If you have Internet access, then you will find many website that suggest forex broker ratings. Some of the important things to know is what the minimum amount is to open an account, will there be any commission charges, etc.

You must make sure that your Forex broker has the right qualifications. Now that your list has been narrowed, it is time to research your choices. One good idea is to send some e-mails out to your customer service people and see how long it takes for them to respond.

When considering a forex broker, find out just how fast it takes him to execute an order. You should also find out how much slippage you can expect.

Here are some other key points to consider when looking for a forex broker:

1. Available currency pairs - Each forex broker will have, at the minimum, the seven major currencies.

2. Transaction costs - The forex broker is paid based on the bid ask spread. There should be no other hidden charges or fees. If the spread is smaller, that means it is better for you. Pip spreads vary from broker to broker so do some competitive shopping.

3. Free analysis tools - You will need to have some charts and technical analysis tools to be able to spot trends and plan your entry and exit points. Most brokers offer their basic services at no charge. If you require something over and beyond the basic service, there may be an additional charge.

4. Immediate execution of orders - You will need a broker who will be able to consistently execute your trade swiftly.

5. Superior customer service - If you need assistance, your forex broker should respond quickly and efficiently to any question that you may have. Representatives should be available around the clock either by telephone or e-mail.

6. Margin requirement - If you want to have more leverage, choose a low margin requirement. You can use margin to your advantage to produce huge profits.

7. Minimum account balance - Since you are a small individual investor, you must try to find a forex broker who does not require a hefty balance to open an account.

8. User-friendly trading platform - Before deciding to go with one particular broker, choose a few forex brokers and ask to sign up for a free demo account.

Demo Accounts Contest

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

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

Dangers of Forex Trading

There are dangers in FOREX trading if you used the wrong tools and wrong knowledge. The solution for this is to open a mini account first to see whether you're really suitable to play FOREX. You can open mini accounts for just $50. If you find that it is not suitable, you can leave the market. All you've to lose is just $50. If it is suitable, you can win not only $50 but $100 as well.

FOREX is very volatile and risky and you need the right tools, strategies and knowledge to increase your probabilities of winning substantially. In other words, there will be lots of dangers in FOREX trading if you did not use the right tools and knowledge. This is whether online FOREX trading came in.

Let's look at the benefit of trading FOREX online. Accessibility is the first advantage. You're able to trade FOREX 24 hours a day. Transactions can be effortlessly handled through websites planned for this tenacity.

Another vast benefit you can get is there is no commission fee. This means you can cut down transaction expenses with online trading. Other market such as share market needs brokerage fees, the FOREX market is a worldwide inter-bank. Trades can be made between the buyer and sellers in any moment.

When choosing a online FOREX trading, look for the platform that has the most competitive spreads. Currencies are generally traded in pairs of ask bid price. For example of AUS/USD 1.3345/1.3350, the FOREX estimate here means you can buy 1 Aussie money with 1.3350 USD or retail 1 Aussie 1.3345, and the spread is (1.3350 - 1.3345) which equals to 0.0005 and equivalent to 5 pips. FOREX platforms regularly do not charge commissions on investors' trades because they are making money from the spreads. So, it is better if the platform offers more competitive spreads.

Another danger of FOREX trading is some platforms have high spreads and this will expand your trading expenses. Also, some online FOREX trading platform has concealed expenses. So, select tenderly which online platform you want to go before investing your money there.

Expert Advisors

Expert Advisors 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.