Tuesday, September 2, 2008

Forex Trade Sizes with ForexGen



FOREX currencies are traded in much smaller divisions than cash. Whereas the smallest division in US cash is the penny ($0.01), US currency can be traded on the FOREX in divisions of $0.0001. This smallest division is called the pip (short for Price Interest Point – sometimes just called 'points').

Since currencies are traded in large lots of (say) $100,000 - small movements in value can generate substantial profits and losses. In a lot of US$100,000 one pip is worth $10 so an increase in 40 pips (4/10 of one cent) can generate a profit or loss of $400.
Currencies are traded in lots of various sizes. The standard lot is 100,000 units of the base currency. A unit is the currency name e.g. one unit of US dollars is the dollar. So a standard lot of US currency is worth $100,000.
FOREX trades can have lots of various sizes - a mini lot is 10,000 units, but the most trades are done using standard lots.

Various currencies have different sized pips. The US dollar is expressed in pips of 0.0001 while the Japanese yen is expressed in pips of 0.01. The value of a pip depends on the size of a lot and the currency pair traded. Currency pairs with USD as the quote (second) currency (e.g. CAD/USD) always have a pip value of $10 per standard lot or $1 per mini lot. A pip value calculator can be used to calculate other currencies.

For more detailed information can be found here

Monday, August 25, 2008

Forex broker participation optional | ForexGen



Trade on the foreign exchange market, the largest financial markets on the planet, we must use forex to the broker. No different from the stock broker, the broker forex can also submit suggestions on the moves make when foreign currency exchange. Forex brokers offer up some technical analysis of some of its customers and tips on research to improve the success forex dealers. Usually in the foreign exchange market, a forex broker banking institution of the May purchase large quantities of certain currency. For years, banks are only from having access to forex markets. But today with the Internet, a forex dealer, from participating with foreign broker, can access to the market for 24 hours a day.

Today, with stockbrokers, the brick and mortar institutions, such as banks, and less choice for the individual Forex trader who works from home, and monitor the news and gain an insight into some technical information to assist in his trading decisions. Forex broker may choose depends on your needs. If you are new to the field, and there are houses, or online brokers forex from May to meet your needs, providing in-depth research, ample time to display their products and so forth. Forex brokers and other oriented experienced Forex trader on the Internet. They also provide advice, but may be less likely to provide educational assistance with information, on the assumption that you have already led to know how may or may not benefit you when you read it. It is advisable to read about and even an experimental operation on a number of different Forex brokers on the Internet before going with anyone.

Learn More wiTh ForexGen

Monday, February 18, 2008

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?

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Providing the most huge income sharing plan
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Providing several ways for our IB's to charge commission.
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ForexGen IB can also charge commission for each lot the traders execute.
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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.

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Instant order execution.
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No dealing desk.
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Low spreads.
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Free qualified forex charting .
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Real time streaming news.


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.

The most competitive trading conditions:


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2 pips spread on six currency pairs.
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Leverage of 200:1 leverage for accounts.
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Without maintenance margin, our services offer margin call and automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US.
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The minimum account size with a 250 US has the ability to execute a lot of trading lots.

Qualified and familiar multilingual platform!

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Streamline dealing with no request for quote for up to 20 million.
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The ForexGen online Trading platform offers traders to do currency trading in pairs. We also allow trading Gold and Silver with the 'one click trading' mechanism.


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

For full Information and online application, IBs program types.

Special Promotions For ForexGen Clients

Special Promotion for New Clients

Free cash bonus when you open your new live account within the next 30 days. You will receive 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.
To know more promotions

Claim Your Bonus With ForexGen

Claim Your Bonus With ForexGen

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.


For More Info

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