Hub and Spoke Trading

This is used in multicounterparty portals.

Each participant in the network posts bids and offers, making a real market. Hub and Spoke trading allows the traders to see other bids and offers from. An order entry ticket with follow-up trade confirmation. Other traders on the platform and allows the trader to choose the counterparty. This provides excellent transparency a market depth and tighter, more competitive pricing, because there is no trading desk and no price manipulation.
The disadvantage of this type of platform is that a liquidity crisis can occur if all the participants decide to trade on one side and there is no one to take the other side of the trade. This can happen if some damaging news hits the market, prompting traders to sell a particular currency. If no one is buying, that currency will drop until a buyer steps in.

Hub and Spoke trading is similar to the process used on the NASDAQ level II with multiple market makers posting bids and offers. Its mechanism gives the trader the closest view of a whole market available today. You will find this forex trading mechanism in institutional platforms such as Fxall, Currenex, and State Streets FX Connect.
Three retail platforms offer a version of hub and spoke trading Hotspotfx, CoesFX, and GFTs Inter Trader Exchange, which allows traders to trade directly with each other. This trading mechanism is the future of retail Forex trading.

[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.

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.