Be aware of the following

Scams in FOREX will leave you broke and sometimes in debt;

they will take your money, run away with it and you have no way of contacting these people or companies again. To avoid this, you need to investigate about the company or the people you are investing your money into; check if they have a business license in your country. If they aren’t license in your country to do FOREX, they’ve most likely been involved in a scam before.
The knowledge about this money making scheme that only FOREX can provide spread like wildfire over this past five years –thanks to the Internet. Now, if a person wants to invest in FOREX, he can just go to his local bank and ask for their FOREX broker to make the transaction. In return, these banks take some commission from the deal, which is normal.

FOREX scams come also in the form of software that supposedly design to help you learn FOREX trading by letting you practice trading in real time; hoping that when you do the actual trading, you’re already good at it. Trust only proven and tested software or system; do background check on your find. However, the best way to avoid scams is to seek advice from people in the know about FOREX and the FOREX market; you can usually find them in your local banks.


[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.

Insider Tips to Choosing the Best Forex Broker

Having the best Forex broker to help you trade at the Forex market is very crucial. Without a competent Forex broker, your trading efforts could lead to disastrous results. This is especially true if you’re just starting to venture into online Forex trading.
You will need all the help you can get to grasp the intricacies of trading currencies.

When you trade at the Forex market, there are many things you need to learn. First, you have to familiarize yourself with the trading platform of your Forex broker. Second, you need to understand how to open and close your trade and set different trading limits. Most importantly, you need to know how to wisely choose which currency pair will be most lucrative to trade.

It is important therefore to find a Forex broker capable of providing superior customer support services. It should be able to give such services 24/7 because the Forex market never sleeps. Several communication channels must be made available for you. This should include live chat, email ticket, VoIP, and telephone support. The combination of online and offline support is crucial so you can contact your broker anytime and anywhere.

The best Forex broker should also be able to provide you with tons of resources to study the ins and outs of the Forex market. Such materials could be in the form of professional articles, downloadable e-books, video tutorials, podcasts, and online webinars. You will need these kinds of forex resources to understand the basics of trading. These can also develop your skills in Forex trading so you may know advanced trading techniques. Later, you can devise your own strategy based on the resources provided by your broker.


[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 Tips For Choosing the Right Forex Broker

Have you been wanting to trade Forex but are unsure which of all the Brokers is right for you? Many novice and expert traders alike find choosing the RIGHT Forex broker to be a daunting task that can ultimately determine success or failure. Here are 7 tips that will help you avoid making the costly mistake of choosing the wrong broker.

1. Consider your account size when choosing your broker.

If you expect to be trading more than $50,000 you will need a broker with sufficient liquidity to quickly and efficiently get you in and out of the market. These larger accounts are significantly affected by the size of a Broker's liquidity pool. Also, the larger your account the more important "broker financial stability" will be. Choose a broker that has a combination of liquidity and financial stability.

2. Choose your broker based on the Forex Trading system you trade.

If you scalp the market you will need a broker who does not restrict scalping or place minimum time limits on positions. If you plan on trading a carry trade system you will need to research the brokers swap(rollover) rate and find the most competitive broker. If your system usually trades in peak hour times you may want a Broker that offers variable rate spreads while if your system tends to trade off market times a fixed spread Broker may be the best option. Understanding your trading strategy and how the Broker will affect it's performance is key.

3. Take into consideration the currency pair(s) you expect to trade.

Depending on a Broker's liquidity source(s) the broker may have better or worse spreads on different pairs. For instance, MB Trading usually beats Dukascopy's British Pound pair spreads while Dukascopy tends to have better Swiss Franc pair spreads. Also, Brokers have access to different currency pairs. If you expect to be trading exotic currencies you will need to find a Broker that offers those pairs.

4. Make the decision between ECN/STP broker and a market maker.

I won't spend time explaining the differences between the two as an entire article could be written on the subject.... but both broker types have their advantages and disadvantages. You will want to research the differences, understand how those differences may affect your system, and decide accordingly.

5. Fixed spread or Variable spread?

Some Brokers offer a set spread cost that normally only changes during news announcements. Other Brokers offer changing spreads depending on the demand for that currency at any given price. This choice can be extremely important depending on the strategy you trade and the position sizes you take. If you mainly stick to high-volume market times for your trading than you will probably want a variable spread which often translates into lower overall spread costs. If you get signals around the clock, many times during off peak hours a fixed spread Broker may be better because fixed spreads tend to be cheaper than variable spreads during off market times. It is important to open multiple demo accounts at a variety of fixed and variable spread brokers to compare the difference.

6. Study the differences between Forex platforms before making the decision.

Metatrader 4 is currently the most common trading platform available on retail Forex. It is wise to open demo accounts using several different platforms to get a feel for each platform and choose the one that suites your strategy best. Some platforms such as Metatrader offer an auto trading feature (Expert Advisor) where the computer executes the trades for you. If you plan on using such a feature either now or in the future, it is important to know the options and limitations of the platform you choose.

7. The location of your Broker has important tax and legal consequences.

Also, Brokers are regulated differently depending on the jurisdiction in which they are found. Make sure to consult your tax, legal, and financial advisors prior to making the decision.

Why ForexGen?

1. Lowest spreads in the market with 0-1 pips in 10 pairs, no commissions, no swaps and instant account Activation.
2. Scandinavian quality with Swiss precision, funds secured and local agents in 18+ countries.
3. ForexGen offers Forex trading in the major currency pairs and crosses.
4. Low capital start, with $250 as a minimum account size.
5. Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
6. ForexGen offers a free trial Forex demo account that allows you to test your skills and practice without risking real money.