Discover All the Benefits Now of forex trading

With the forex day trading continuously reaping its rewards and is now known to be the largest market in the world,

it is undoubtedly one of the most competitive and in demand market at this day and age. The forex market is recognized in acquiring daily turnovers of more than trillions of dollars on a regular basis. With this given statement, a lot of traders are becoming more and more enticed and challenged by the way the market moves to an approving condition.

As the day of old forms of communication come to a pass and the advent of modernization comes into view, there sure is other manifestation where transformations and revolutionary changes will transpire as the forex day trading move towards its victory. However, there will still be losses, threats and risks yet; a true trader who has the heart and determination to gain more takings will certainly weather all these detriments.

One of the benefits of the forex day trading is its ability to create the essence of expediency and flexibility. Unlike any other venture, the forex market is not physically situated at a specific location. There are still other wrong connotations that in order for you to make your trade you have to go to where forex trade is located. Well, this is definitely not true. With the emergence of globalize communications, forex trading can be right at the comforts of your own home. Since the forex market is run by a world-class telecommunication device you will surely trade with no hassles at all. Traders can also get to participate in trading with other parts of the world where forex market is visible. You can choose trading in for Yen, Euro, US dollar, Peso, and Pound. The possibilities are endless and all you need is just some form of strategy and you're on.

Another benefit of the forex day trading is the possibilities of acquiring greater returns even if it means taking greater risk. Yet, this is how forex market is known for, it is recognized as a changing market with greater risks involve. Nonetheless, this has also been one of the major reasons why traders keep on doing their business and are proliferating in number. Participation is definitely an advantage and a benefit on your part.

The last gain that can be associated with forex day trading is the easy to penetrate market. Some people have false impressions about forex trading explicating a complicated membership and yet, there are influxes of companies providing aspiring traders to create their own account with their bank statement linked to it and in just few moments they can begin their online trade. This only proves how straightforward and simple joining in a forex trading.


[ForexGen Demo Accounts Contest]

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 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

Forex Strategy

Many people think that to trade currency you need to evaluate a countries economic performance,
interest rate policy, and other macro-economic and geopolitical factors. While this no doubt influences the forex market, it is no longer the base of many traders’ strategies. A new kind of trading is quickly evolving, based on mathematical analysis of prices, called indicators. If you have ever traded you are probably aware of common indicators such as RSI, MACD, Moving Averages, and Bollinger Bands. But programmers have expanded on this to create their own custom indicators, and some strategies monitor a plethora of indicators creating a super-indicator, which generates buy / sell signals. These strategies are very effective because traders can do an extensive amount of testing before trading live money on them. Finally, when live money is traded and it has a track record, the system can be easily replicated.
One popular platform, Meta Trader, allows anyone to download a demo version of their software which is 100% free. There are nearly 200 brokers in the world using this software platform, so if you find a technique which is working, you can open an account at one of these brokers and implement it with few problems. That means also that a programmer can code a strategy and use it at any of the brokers using Meta Trader platform. Strategies are compiled in files called “Expert Advisors” and can be implemented by clients without programmer or trader intervention. Due to the lack of restrictions and cost, there is a growing international community working on strategies for trading.

Of course most of these people are amateurs, but not all of them. And in this case, being an amateur can be an advantage, because you have time to dedicate to the strategy (which requires a high degree of concentration) and possibly money to invest. Also you do not have rules imposed on you by a company or a market; it is a free development environment

[ForexGen Customer & Trading Support]

ForexGen Customer Service seeks to achieve the highest level of customer satisfaction.

[ForexGen online trading services] are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen's clients through answering any questions they may have.
ForexGen provides full time assistances to support clients during the usage of [ForexGen platform], whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.

ForexGen provides clients with full scale demonstrations and help for the technical issues.

Dealing Rooms.

ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.

You are encouraged to contact the dealing room by phone ONLY in these situations:

* If you are not able to access the internet.
* Failing to receive a confirmation on an online order.
* Failing to connect to ForexGen server.

ForexGen | Advanced Features For Traders

• Prices on the forex charts and forex quoteboards are the prices you can trade, not indicative prices from a generic datafeed.
• Set alarms based on price movement, indicators or combinations of indicators to go to your PC's screen, e-mail address, web-enabled cellular telephone or PDA.
• Customize your portfolio to monitor more than 60 different forex currency pairs.
• Automate your risk-management: Trailing Stops allow you to specify the distance from the forex market you want your stop, and DealBook® 360 will automatically move your stop as the forex market moves in your direction to ensure your stop moves with the market. No more cancel replaces!
• standard with lowest pip spread in the market up-to-the-minute world and financial news from leading industry sources.
Traders also enjoy free daily and weekly commentary to supplement research with the analysis of respected author and forex expert, Cornelius Luca. Luca's observations provide an in-depth analysis of the major forex markets

Never labor over creating charts more than once. Customize charts based on currency pairs, indicators and positions then save them as a template or default setting.
In addition to many of the free fundamental analysis features, advantages for technical traders, too.
• Advanced inter-day and daily charting allows traders to chart market changes lowest pip spread in the market as they occur on tradable prices and overlay a wide variety of advanced technical indicators such as: moving averages, Bollinger Bands, Stochastics, MACD, RSI, STARC bands, indicators and studies from industry leaders such as Joe DiNapoli and some of Global Forex Trading's advanced proprietary indicators.
• Preload up to 1,000 periods of data for a given currency pair. Traders can test their strategy over a chosen historical period by either using existing indicators or tailored indicators they create.
• Draw trendlines, Fibonacci retracements, fans and arcs and Gann fans. Traders then can extend their prediction into the future by drawing the indicator into "uncharted waters

ForexGen Scalping Enabled Account

Trade and scalp the market 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.

ForexGen | Advantages And Concepts Of Forex Trading Market

The Forex market is the most liquid market in the world. The daily trading volume is US$ 3.2 trillion. That gives the trader an unparalleled freedom to buy or sell a position. You can exit your position at will any time you wish without barriers or limitations.
24 Hour Trading
You can trade the Forex market effectively 24 hours a day. Compare it to the stock market! At any moment during the 24 hours there will be Forex traders somewhere in the world actively selling or buying. You can respond to any breaking news immediately.
Small Margin / High Leverage

You can control a position with a 1% margin or less. It means you can buy or sell US$10 000 worth of currencies with only a US$ 100 margin deposit using leverage 1:100. It gives you the possibility to make extraordinary profits. Depending on the agreement with your broker you can get even a higher leverage, typically up to 1:400.
Commission Free Trading
The Forex brokers have no commission charges. They compensate for their services through the bid/ask spread that is typically less than 0.1% (10 points or pips)
Unrestricted Short Selling

Since you are always selling one currency and buying another one simultaneously, there is no bias to the market. It is equally easy to buy a currency pair as it is to short sell it.
Nobody Can Manipulate the Market
The immense volume of the daily Forex trade makes it practically impossible for anybody, including any central bank, to effectively manipulate the market prices

About ForexGen

ForexGen.com 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 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 serves both private and institutional clients. We have a strong commitment to maintain a long term relationship with our clients.