Why participate in the Forex Market

Why participate in the Forex Market

• Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account activation.
• Scandinavian quality with Swiss precision, funds secured and local agents in 20+ countries..
• ForexGen offers Forex trading in the major currency pairs; crosses and CFDs.
• Low capital start , with $250 in minimum account size.
• Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
• ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.

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New to Forex Markets?

New to Forex Markets?

Forex is definitely one of the most exciting and profitable markets. If you want to join the elite and start investing you need to follow 5 very simple steps that will eventually lead yo to succes:

Self Study:
In order to start investing you need to study and observe the Forex market carefully so that you can make the right decisions when the time comes.
You can study the fundamental analysis to monitor the political and economic news’ effect on FX market.
Also the study of technical analysis is useful as it predicts the price movement based on past experience.
ForexGen offers a Training section developed specially for new traders .

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Forexgen Platform Advantages

Forexgen Platform Advantages

Following the current news of the Forex market :
ForexGen online trading platform could accurately cover all the financial market situation.

ForexGen offers the most qualified Forex online trading platform which facilitates the online currency exchange services for different worldwide traders, companies and dealing centers.

Variable currency basis :
Variable currency could be exchanged where any currency could be considered as general currency in the whole online trading operation in all the countries with the their national currencies.

Security:
The whole information exchanged between the different parts of the system is encrypted by 128-bit key which assures the safety of the transferred data and prevents any other person form utilizing this data.

Provided by many languages :
A Multilanguage Pack program is provided with ForexGen platform offering many languages where the trading platform interfaces could be translated to any language. Our Multilanguage pack enables the trader to build his language and integrate it into the platform.

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Forex Broker

Forex Broker

The main participants in forex market can be divided into the following types: banks, some commercial companies and some foreign currency brokers.

Choosing a Broker :
Low Spreads - The spread, calculated in “pips”, is the difference between the price at which a currency can be purchased and the price at which it can be sold at any given point in time.

Forex brokers don’t charge a commission, so this difference is how they make money
Quality Institution - Unlike equity brokers, forex brokers are usually tied to large banks or lending institutions because of the large amounts of capital required (leverage they need o provide).

Also, forex brokers should be registered with the Futures Commission Merchant (FCM) and regulated by the Commodity Futures Trading Commission (CFTC).

Extensive Tools and Research - Forex brokers offer many different trading platforms for their clients - just like brokers in other markets.
These trading platforms often feature real-time charts, technical analysis tools, real-time news and data, and even support for trading systems .

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The Foreign Exchange Market (FOREX)

The Foreign Exchange Market (FOREX)

What is FOREX?

The Foreign Exchange Market, better Known as FOREX, was established in 1971 when fixed currency exchanges were abolished.

Currencies became valued at ‘floating’ rates determined by supply and demand. The FOREX grew steadily throughout the 1970’s, but with the technological advances of the 80’s FOREX expanded from trading levels of $70 billion a day to the current level of $2.6 trillion.

What Drives the forex market?

Different countries use different currencies, however cross-border has to take place. The FOREX is therefore a vehicle driven by the need to move monetary payments across border and transfer funds and value from one currency to another.

If the whole world used one currency there would be no need for the FOREX market .

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