Trade and scalp the market with ForexGen

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

ForexGen ShowsThe Importance of Keeping a Log

How many times have you read a book or a post telling you to keep a trading log. But you don't. Or it isn't consistent or some other excuse.

The reason I believe that most traders don't keep a log (remember most traders don't make money either) is because it requires discipline.

And it requires that you confront your trading - warts and all.I've posted a copy of today's trading log for the ER2 and YM.

You'll notice that there are 2 trades that shouldn't have been taken at all! Also you'll note I calculate my average winner, average loser, and my winning %. That tells me my expectancy.

Also all my profits and losses are denominated in R values (that's risk values) not ticks or dollars. This keeps me honest. If I risk 20 ticks to make a 2 tick trade then I don't get "rewarded" for that.

However if I make a 20 tick trade with a risk of only 2 ticks then I do.

Market Orders

Market orders are created when a trader wants to open a position at the current market price. After the trader clicks on a price, he or she must confirm the price prior to execution. The price sent to the dealing desk will be the price shown in the confirmation window the moment the trader accepted the trade ForexGen will execute the trade in real-time if the available price is at or within a few pips of the requested price. Once the order is executed the opened position instantaneousely appears on the client’s trading platform.

In an attempt to decrease the occurrence of requotes during fast moving markets and to help guarantee effective market entry during major jumps in market price, ForexGen has introduced a Trader’s Range feature in its VT Trader software. The Trader’s Range option allows clients to automatically approve requotes within a chosen range

Huge Earning Potential with ForexGen

Forex currency exchange trading is one of the fastest growing trade markets in the world. It is also the biggest with an estimated 1.8 trillion dollars being exchanged every single day.

With these stats to it's name it should come as no surprise that one of the major reasons for this exponential growth is the fact that Forex trading offers incredible earning potential.

This is also why large multi-national corporations have been investing in foreign exchange, and specifically in ForexGen, for years and more and more individuals are utilizing currency trading to supplement their incomes and some are even living purely off the profits they make. Read more…

market watch inrelation to the progress of forexgen

The Market Watch window is a floating palette it has the ability to be

dragged anywhere on the screen. The Market Watch window which is also called the Quotes Window shows the current prices of the traded currency pairs and the currency market news in the currency market. It also permits quick dealing with any currency pair.
The Market Watch window item can be accessed using the menu items View > Market Watch or by pressing the Ctrl + M key combination. In addition, the Market Watch button on the toolbar allows showing or hiding the Market Watch window.
The trader can start trading just by double click the desired vehicle and the Order Form will be opened. The Order Form can also be accessed by right-clicking the desired currency pair then selecting New Order.

forexgen min account description

Live Account Type
Mini Account
Minimum Account Size $
250
Recommended Account Size
1000
Maximum Account Size $
2500
Swap/commissions
n/a
Lots Available
mini-micro
Lot Size
10,000 unites for mini lot and 1000 unites for micro lot
Leverage
From 1:200 up to 1:500
Trading symbols
24 major and cross forex spots+ silver and gold
Spread Majors
Fixed 2 pips spread
Spread Crosses
Fixed (3+ pips spread)
Aprox. Pip Value for spots
$1 Per Pip -mini lot and $ 0.1- micro lot
News & Charts directly on platform
Yes
Lot Margin
($ 50-mini and $ 5- micro lot) with leverage 1:200, ($ 33.33- mini and $ 3.33- micro lot ) with leverage 1:300,($ 25- mini and $ 2.5- micro lot ) with leverage 1:400($ 20- mini and $ 2- micro lot ) with leverage 1:500
Trading execution
Dealing Desk Enabled, OTC execution

forexgen trading limitations

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

ForexGen Ltd 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 Ltd 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 Ltd 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.

a brief introduction to forexgen.

ForexGen LTD 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 LTD 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 LTDserves 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 LTD services are all controlled by the international banking and financial regulatory standards.

ForexGen LTD 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.