Friday, February 29, 2008

Premium Account in forexgen

Premium Account




Min Acc. Size $ : 50.000
Rec Acc. Size : 100,000
Max Acc. Size $ : n/a
Swap/Comm : n/a
Lots Available : stand-mini
Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot
Leverage : 1:50



Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : Fixed 0 pip spread in 10 pairs (EURUSD, USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)
Spread Crosses : Fixed (3+ pips spread)
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : Dealing Desk Enabled, OTC execution


Contract Specifications with forexgen

Contract Specifications




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

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

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

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

• Lot is a predefined amount of a currency.



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


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

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

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

Streamline Dealing

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

Phone Dealing
ForexGen's dealing room operates 24 hours a day from Sunday 23:00 CET to Friday 23:00 CET, with consider to the Future currencies time
To trade by phone, the minimum amount for the client can trade by 10 lots (i.e. 1,000,000 of the base currency).
However, in the unlikely event of a breakdown of the ForexGen's online trading system, there are no minimum requirements for trade by phone.
ForexGen provides a high level of clients' security; the client has to state his/her password every time s/he trades by phone.

Margins


The margin or leverage a client can have depends on the client's account equity.


Deposit Funds with forexgen

Deposit Funds



ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided by Customer Support personnel available 24/7 In order to serve its clients any time all over the world.




ForexGen cares for its clients' funds, so that ForexGen allow funding operations with a guarantee of ForexGen itself that your fund operations are executed with high level of security and privacy.

Funds are accepted by wire transfer and e-gold payments. For full details about funding procedures and options kindly click here.




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Please note that during the weekends and official holidays, wire transfers may be delayed.

Account receivable funding could electronically be funded by ForexGen in the same business day, thus the client's account will be funded in the same day of receipt. For our client's security, each wire transfer reference section must contain the client's name and account number.

ForexGen minimum deposit required to start trading is $250 . Also we have no limit for depositing fund into your account. You have the absolute right to choose the amount you want to deposit.






Withdrawal of Funds With ForexGen

Withdrawal of Funds

Traders can withdraw money from the trading account in a simple and fast way.

Withdrawal to a bank account:

1. Login to your account using your user name and password.

2. Click on "Manage accounts" link on the left menu.

3. Select to submit new withdraw transaction.

Withdrawal to an e-gold account:

1. Login to your account using your user name and password.

2. Click on "Manage accounts" link on the left menu.

3. Select to submit new withdraw transaction.


Withdrawal requests are processed during the same business day. Please allow a few hours for the accounting department to process and clear the payment. Funds may take more time before it arrives to your bank account depending on the bank and location and also the time the wire transfer request is issued.








No Dealing Account in forexgen

No Dealing Account

Min Acc. Size $ : 20.000
Rec Acc. Size : 50,000
Max Acc. Size $ : n/a
Swap/Comm : n/a
Lots Available : stand-mini
Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot
Leverage : 1:100


Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : By market
Spread Crosses : By market
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : NDD (sells and buys by market)




Pro Account in forexgen


Pro Accoun



Min Acc. Size $ : 5000
Rec Acc. Size : 20,000
Max Acc. Size $ : n/a
Swap/Comm : n/a
Lots Available : stand-mini
Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot
Leverage : 1:100


Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : Fixed 1 pip spread in 10 pairs (EURUSD,USDJPY, AUDUSD, EURCHF, EURGBP,GBPUSD, USDCHF,USDCAD, CHFJPY,EURJPY)
Spread Crosses : Fixed (3+ pips spread)
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lo
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : Dealing Desk Enabled, OTC execution


Standard Account in ForexGen

Standard Account




Min Acc. Size $ : 2500
Rec Acc. Size : 10,000
Max Acc. Size $ : n/a
Swap/Comm : n/a
Lots Available : stand-mini
Lot Size : 100,000 unites for standard lot and 10,000 unites for mini lot
Leverage : 1:100



Trading symbols : 24 major and cross forex spots+ silver and gold
Spread Majors : Fixed 2 pips spread
Spread Crosses : Fixed (3+ pips spread)
Pip Value for spots : $10 Per Pip-standard lot and $ 1-mini lot
News & Charts on platform : Yes
Lot Margin : $ 1000-standard lot and $ 100- mini lot
Trading execution : Dealing Desk Enabled, OTC execution