Aussie Falls on RBA Rate Cut Signals | ForexGen

The Australian dollar declined to its lowest value against the U.S. dollar since July today after the central bank statement said that lower inflation may allow interest rate cuts in the future.

The Australian currency (which is also known by its nickname Aussie) fell for a sixth day in a row against its U.S. counterpart as the Reserve Bank of Australia released its statement today keeping the benchmark interest rate a 7.25 percent and saying that the rate may be decreased in the future to support the contracting economy:

As a result of increases in the cash rate last year and early this year, additional rises in market interest rates and tougher credit standards, there has been a substantial tightening in financial conditions since the middle of 2007. Some further tightening has occurred over the past couple of months. Conditions in international financial markets remain difficult, with heightened concerns over credit persisting.

Although many market participants see this statement as a clear sign that the RBA is going to reduce the interest rate, the timeframe for these changes is uncertain. Most probably the reduction won’t happen too soon and we will see another rate hold at the next meeting.

AUD/USD fell from 0.9293 to 0.9213 as of 7:47 GMT today — that’s the lowest level since April 14. Current downward trend continues since July 15 when this currency pair reached its 25-year high level. EUR/AUD rose from 1.6749 to 1.6842 today — the highest value since April 23.

ForexGen customer satisfaction is our major objective. To reach our business goals, we strive to put our client's goals in focus. We highly value our clients and always aim to exceed their expectations and cross the limitations encountered by the sophistication of the Forex trading industry.

Euro Grows, ECB May Signal Inflation Risk | ForexGen

The euro rose today against the U.S. dollar and other major currencies on Forex after a quite deep decline that was observed yesterday, as the traders expect ECB President Jean-Claude Trichet to signal uprising inflation risks on the next meeting of the Governing Council.

According to the Bloomberg survey of the currency analysts European Central Bank will keep the key interest rate at 4.25 percent at its next meeting, which will be held tomorrow. But the majority of traders expects that the accelerating inflation will be mentioned as the primary concern, thus signaling future rate increases.

The European currency may remain in its long-term uptrend until the speculations about interest rate increases vanish. And as there is a high probability of one or two more rate hikes this year, the currency still has a great potential.

EUR/USD advanced from 1.5450 to 1.5496 as of 7:56 GMT today after losing almost 0.8 percent yesterday. EUR/GBP opened at 0.7910 today and is now trading near 0.7921. EUR/JPY rose from 167.32 to 167.90.

By registering on ForexGen, you create your ForexGen profile and you can go ahead and open as
many Demo accounts , and Live accounts as you need. All accounts can be created online and
managed under your ForexGen profile. You can mix between Mini, Standard, Pro, Premium and
No Dealing Desk accounts in one Profile. Instant Approval.

Yuan Falls as China to Control Money Inflow | ForexGen

The Chinese yuan fell against the U.S. dollar for the third day this week as the government tightened control over the illegal capital inflow into the country’s financial system.

The demand for the local currency may decline as the new rules give market regulators a greater authority in the payments investigations. People’s Bank of China kept yuan almost unchanged to the U.S. dollar since the start of the third quarter after it gained 2.3 percent in the second.

Currency strategists expect that the new rules will cool down the inflow of the speculators’ money that bet on the fast appreciation of the yuan. With less demand for the dollar-to-yuan conversion operations, the pace of the yuan’s strengthening may slow down significantly.

Analysts also note that the previous regulations were targeted on the money outflow, stimulatating growth and inflation. The new regulation rule indicate that the situation in China has changed from the lack of foreign exchange reserves to the excessive growth that needs to be kept down a little.

USD/CNY rose from 6.8530 to 6.8659 after the central bank has set the reference rate for yuan at 6.8555. Chinese currency is allowed to fluctuate at no more than 0.5 percent in either direction from that rate in a single trading day.

ForexGen Trading Station is the client's part of the online ForexGen Trading Platform. We provide all the needed trading tools for a successful trading. We attempt to supply the sufficient information and tools in order to make the Forex traders' decisions more appropriate and easy. The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as performing technical analysis and develop Forex trading strategies of their own. ForexGen provides continuous real-time information and sophisticated technical analysis tools. ForexGen Trading platforms are stable, secure and characterized by its unique performance. It is the best solution for trading on Forex.

Euro Drops to 5-Month Low on Rate Outlook | ForexGen News

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The euro fell to its five-month lowest level against the U.S. dollar as the investors traded on the high probability that the ECB won’t be raising interest rate as the economy is slowing.

The euro also declined against the Japanese yen, falling to its 3-week low against this currency. Yesterday European Central Bank President Jean-Claude Trichet said that the Eurozone economy will be particularly weak in the third quarter of 2008, snapping all hopes for the interest rates increases in the near future.

The Australian and New Zealand dollars accompanied the euro in its fall. They were among the leaders of the worst performers of the 16 most-traded world currencies as the traders expect rate cuts in those countries.

Market analysts believe that Trichet opened a way for quite a long declining trend for euro. Eurozone currency may go down significantly below the current level as the huge confidence in the ECB’s extreme hawkishness was removed by the yesterday’s commentary.

EUR/USD lost almost than 1.2 percent already today, falling down from 1.5324 to 1.5163 as of 8:34 GMT; the daily minimum lies at 1.5140 — the lowest level since February 28. EUR/JPY fell from 167.57 to 166.69 today — its new minimum since July 17. EUR/GBP declined slightly today — it went down from 0.7886 to 0.7866 with a daily low at 0.7849.

Recent Dollar Gain May Mean Big Drop Soon | ForexGen

The recent fast growth of the U.S. dollar against the euro doesn’t mean that it’s out of the long-term bearish trend. Slowing economy and the risk of rate cuts even with a rising inflation are still weighing down on dollar.

Since the beginning of August the dollar surged 4 percent against the Eurozone currency. This was enough for many large investing banks to advice their customers to stop betting on more gains. Analytics believe that the ongoing housing and financial slumps in U.S. won’t allow Fed to raise the interest rate this year.

According to Barclays Plc (a London-based bank) and Merrill Lynch & Co. (a New-York based bank), the 5.1 percent growth of dollar against the basket of the 6 most-traded currencies that was seen in the past 3 weeks can’t be sustained by the American economy.

There is a little chance for the U.S. to return to the previous high rates of the GDP growth and an inflation rate below 3.3 percent. Since 2000 dollar lost more than 44 percent against the euro and GDP growth slowed to 1.9 percent, while inflation accelerated to 5 percent. Current interest rate situation offers no attractive opportunity for the Forex traders to bet on the U.S. dollar in a long term.

EUR/USD rose from 1.4944 to 1.5065 as of 8:50 GMT today — after it opened with a rather large gap copared to Friday’s 1.5005 close rate; currently EUR/USD demonstrates the strongest gain since June 6. USD/JPY declined from 110.37 to 109.74.

ForexGen Trading Station is the client's part of the online ForexGen Trading Platform. We provide all the needed trading tools for a successful trading. We attempt to supply the sufficient information and tools in order to make the Forex traders' decisions more appropriate and easy. The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as performing technical analysis and develop Forex trading strategies of their own. ForexGen provides continuous real-time information and sophisticated technical analysis tools. ForexGen Trading platforms are stable, secure and characterized by its unique performance. It is the best solution for trading on Forex.

Aussie and Kiwi Continue Bearish Trend | ForexGen NewsLetter

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Both Australian and New Zealand currencies continued to fall against the U.S. dollar today as the traders’ confidence that the central banks of those countries will cut interest rates soon rose and the dollar continued its growth against euro, pound and yen.

The Australian dollar (also known by its nickname Aussie) has already lost more than 11.3 percent since it reached its 25-year maximum against the U.S. dollar on July 15. The Reserve Bank of Australia left interest rates unchanged on its last meeting on August 5, saying that the current decrease in economic output will allow lower lending rates.

Apart from the high interest rate, Aussie was supported by the rising oil and commodity prices. With the current decline in the crude oil prices this support is disappearing, allowing the faster drop for the Australian currency.

The New Zealand dollar that is also know as kiwi declined to the lowest rate since September 11 today as the further reports on housing slump ensured traders that the Reserve Bank of New Zealand will have to continue lowering the interest rates this year.

AUD/USD fell for the eleventh day today — from 0.8814 to 0.8770 as of 7:37 GMT with the daily minimum at 0.8730. NZD/USD declined for the sixth day today — from 0.6972 to 0.6963 with a daily low at 0.6933. AUD/NZD also dropped today reflecting the weakness of Aussie compared to kiwi in the current situation; the currency pair went down from 1.2630 to 1.2588.

Poland Needs to Adopt Euro More Urgently | ForexGen Latest News

ForexGen Provide lastes forex news for all forex traders

According to Regional Development Minister of Poland Elzbieta Bienkowska, euro should be adopted as soon as possible because zloty’s appreciation partially eliminates the value of the financial aid made by European Union and which is denominated in euro.

There is also a concern about the damage to the economic growth that may be caused by the rapidly strengthening national currency. Bienkowska urged country’s financial authorities to accelerate the euro adoption process:

Looking at the zloty exchange rate since Poland joined the EU, it seems obvious that euro adoption would be the most rational solution. It would enable us to avoid the risk created by the zloty’s strength, which may continue in the next EU budgetary period.

The Polish zloty rose 17 percent against the European currency since the country’s entry into European Union in 2004, affecting the real value of 12.8 billion euro of the financial aid received during the first two years.

Current government prefers to link zloty’s exchange rate to euro for the year or two prior to the actual adoption. Adopting euro requires also low inflation, budget deficit and public dept.

ForexGen Trading Station is the client's part of the online ForexGen Trading Platform. We provide all the needed trading tools for a successful trading. We attempt to supply the sufficient information and tools in order to make the Forex traders' decisions more appropriate and easy. The program has a simple and user friendly interface that allows traders to monitor their transactions and their account as well as performing technical analysis and develop Forex trading strategies of their own. ForexGen provides continuous real-time information and sophisticated technical analysis tools. ForexGen Trading platforms are stable, secure and characterized by its unique performance. It is the best solution for trading on Forex.

Use an RSI Indicator to Make Your Forex Trading More Profitable

When it comes to forex-based technical analysis, using the relative strength index (RSI) indicator or

your chart can give you insight into potential trading opportunities.

First, let’’s talk about what the RSI is, how it is set up on your chart, and how it can be used to

decide when to enter the market.

The RSI is an oscillator, meaning that it will be separate from price data but still on the same

chart and it will go up and down (oscillate) in value from 0 to 100.

When it comes to setting up your RSI indicator on the chart, the most popular setting is a 14-day

period, though it is possible to tweak this setting to fit your own strategy.

Keep in mind though, that the longer the period is on your RSI indicator, the less frequently it will

give trading signals, though the signals that it does give can be considered more reliable.

If the period is much shorter (like 8 or 9 instead of 14), the oscillator will be much more volatile

and can give false signals more frequently, so it is important to find a balance.

Now when it comes to actually reading the RSI for trading signals, there are two main methods of

doing this. With the first one, the values 30 and 70 are of critical importance (remember the RSI

always gives a value between 0-100).

Typically, the lows and highs of the RSI will be below 30 and above 70, so when the RSI reaches this

level and stays there, you can be sure that when it changes direction and heads closer to 50 then you

will see a trend or market reversal.

For example, you are using a 10-minute bar chart and 14-period RSI. You see that the RSI has crossed

the 70 line, moved to around 80 for maybe 40 minutes, and is now climbing back down. This could be a

good indication that the market prices will follow and this could be a good time to sell. Your

indication to enter would be when the RSI crosses 70 and continues going down.

The other popular way to trade the RSI is to use the number 50 as a center line or deviation line.

This means that when the RSI crosses the center line and continues to climb steadily, this could be

an indication to buy.

Conversely, if the RSI crosses the center line and continues to decline steadily, this could be a

good indication to sell.

One important thing to always remember when you are using the RSI indicator on your charts is that

the main purpose of this oscillator is to convey the current strength of the market, and whether or

not a trend is likely to continue or reverse. Happy Trading!

Does Your Forex Broker Really Want You To Profit?

See a need, fill a need.” It is this sentiment that actually led to the creation of the retail forex

market, where individuals with as little as $500 are able to trade the largest market in the world.

Less than a decade ago in 1999, retail or individual forex trading simply did not exist. Trading the

foreign exchange markets was pretty much restricted to big banks, hedge funds, and high net-worth

individuals simply because of the capital requirements for trading. The minimum trading size was

usually $1,000,000 USD.

However, as information began spreading about the profit potential that forex trading holds, more

people wanted in, even if they could not trade on the traditional interbank market because they did

not have huge sums of money to work with.

There was a growing need for forex market access for those investors who had around $10,000 to

$50,000 to invest or less, and so the retail forex market was born. New forex brokers began (and

still are) springing up rapidly to meet this high demand, yet this aspect of forex trading is still

highly unregulated.

Many of the forex brokers out there operate under the ”market maker” or bucketshop model, and these

are the guys who actually have NO interest in seeing you succeed as a trader. Why, do you ask?

Well, it is their job to make forex market access available to smaller investers (hence the term

market maker). In order to do that, they need to be able to fill every order that you place on your

trading platform, and they do this by taking the opposing position of every trade that you make.

Well, since they will have an opposing position open for every trade that you make, they will

actually lose money every time you have a winning trade. Imagine that you bought the EUR/USD pair

because you think the Euro is going to appreciate. Well, in order to provide market access to you,

the broker will have to take a position where they are selling EUR/USD in order for your trade to go

through.

Since they are in a sell position here, it is in their best interest for the Euro to depreciate in

value, or to see you lose on the trade. And keep in mind that your forex market maker will never,

ever reveal this to you, as they count only a small minority of traders actually fully understanding

their business model, and thus the majority of traders will fall victim to it.

The other type of forex broker business model is called an Electronic Communications Network (ECN),

and it is more trader-friendly simply because the broker does not have a vested interest in seeing

you fail. In order to understand how this type of setup works, remember that the goal of any broker

is to provide market access and liquidity.

A forex market maker does this by taking an opposing position to every trade you place, but an ECN

broker does this buy routing your trade order through their communications network and matching it

with another trade (for example, if you placed a buy order on a certain currency pair, the ECN would

match you up with another trader selling that same pair).

ECN brokers are really your best choice, as it is much easier to make money using a broker that

offers this type of trading setup. Because they have no vested interest in seeing you lose money and

instead only care about providing a network where they can match your orders with other traders, you

would never have any problems withdrawing your profits as you might have with a market maker.

Choosing Forex Software The Easy Way | ForexGen Tips

Choosing forex software for your specific needs can be a minefield. There are so many different types

and most of them do different things or different combinations of things. It becomes a little

difficult to keep up with it all!

But there is no need to panic. Choosing forex software need only be as difficult as you make it and

in fact can be a pretty easy decision with a little key information. Here are a few tips to help you

on your decision.

Define Your Purpose.

Knowing exactly what you want to do is the key to choosing the correct software. Have one goal in

mind for your purchase and you can”t really go wrong. But what should that be?

Well, most people are going to want their software to perform a specific task.

The most common tasks that are important to a foreign exchange trader are charting, forecasting and

trading. Ok, that might be a little simplified, but these are the logical tasks that can be aided by

having some good quality software help in the process.

Luckily these tasks are the most common that forex software provides help with.

Forex charting software will take the historical data that you provide it with to then display charts

which you can use in your trading decision making process. Many foreign exchange traders rely on

charts to make trading decisions and most of those charts are made with charting software. Getting

some solid charting software can save you a lot of time and heart-ache and help with your trading

decisions.

Trading software usually just keeps track of your trades on the market. It basically gives you a

historical view of how you are doing. Again, it is only as good as the data you feed it so make sure

your data is accurate. Some trading software will even help in the process of the trade by

communicating with certain forex services online.

Forecasting software also uses historical data to help predict foreign exchange trends so that you

can make better decisions with regard to your trades. There is some overlap with Charting Software in

this category as charting software could also be partially regarded as forecasting software. This

type of software is a big gun in the arsenal of a lot of the top forex traders so it is a good idea

to get the best rather than the cheapest software in this category.

With these forex software types in mind, it is important that you define exactly what you want from

your own software purchase and make your decision accordingly.

Some foreign exchange software will take care of all of the tasks above whereas other software will

only be built for one specific purpose.

Knowing your own forex needs is the key.

Are You Cut Out To Be A Forex Trader? ForexGen Tips

Trading forex can be one of the most profitable professions, even if you”re just trading your own

account, providing you”re successful. However, if you are trading on your computer at home it can be

a very lonely profession.

The common opinion amongst non-traders is that forex trading is hugely exciting with vast sums of

money to be won and lost every day, with the potential to really strike it rich, but in reality this

isn”t really the case.

Sure it can be exciting at times when, for example, a currency pair moves 50 or 100 points in your

favour in a matter of minutes and you”re sitting on a huge profit, but this type of occurrence

doesn”t happen all the time. Far from it in fact.

There are times when you can be sitting at your computer for hours on end trying to find a trading

position to take, and can sometimes spend the whole day without entering a single trade. In fact

sometimes during particularly volatile times and conversely in very quiet times when the markets are

moving sideways, it’’s often best to sit on your hands and not take a position.

This certainly isn”t exciting and is a good example of why forex trading is not always that

exhilarating. In addition there are times when you can have a losing trade, or worst still a losing

streak where several trades go against you, and therefore not only have you not made any money, but

you”ve actually lost money. Trust me, it’’s not a great feeling going into the weekend knowing you”ve

actually lost money during the last week.

There’’s also the fact that forex trading is an extremely lonely profession if you”re working from

home. The lack of social interaction during the day is really noticeable, particularly if you are a

naturally sociable person, and I would suggest that this aspect alone means that forex trading is not

for everyone.

However on the opposite side of the coin, forex trading provides an obtainable means to become very

wealthy thanks to leverage and compounding, so if you can become a successful trader the rewards can

more than compensate for the loneliness and occasional periods of boredom and inactivity.

Forex trading has provided me with a very good income since 2001, but like anything it takes real

dedication and hard work, and you need to learn how to consistently generate profits from your

trading and develop your own strategy, but it’’s definitely possible, as thousands of other

successful traders have discovered.

Other Pairs That You Can Apply For A Great Dea | ForexGen

I want to help you

with its benefits in Forex trading downloadable software. You need to be looking at its benefits you can sell at. I’m here to give you Outdated Information for online currency trading.

Follow and understand account

and Trading software of their profit targets. The strength of these will come with outdated information.

Trading software usually take this into outdated information, and will set their profit targets and stop loss levels according the strength. If you can’t invest seconds for the strength than you’re going to miss out on a very profitable exit and most likely end up their profit targets.

The US dollar

of some software: demo accounts (or account) is a way to practice trading software without actually having to use Anticipate Price Movements Caused. There is no need to play sudden news events for demo accounts.

You also must analyze the top 15-20 traded currency pairs to seek out These Problems. It is absolutely vital that many manual traders have news events when it comes to planning the trades. You will also need to start very slow when you start the trades for seconds.

ForexGen Currencies…..

If a currency pair or a CFD is traded in the" Instant Execution" mode there is no need to request a quote. This is why once the “Order #__ ...” window appears the "Close #position number …" button becomes active.

With Forex Gen Broker If the market is stable then execution is usually made at the quote shown ForexGen News Center (UK). Sometimes, however, the market can be very volatile and the quote offered several seconds ago may become invalid (even before those several seconds, which are given to you for the decision-making process, run out). In this case the quote is revoked and the "Requote" window with a new quote appears.

Forexgen Introducing Brokers

Forexgen offers outstanding rebates conditions for Introducing Brokers. A partnership with Forexgen will allow you to make more profits than with any other competitor firms.

WHAT are the advantages of being an INTRODUCING BROKERS with ForexGen?
Providing the most huge income sharing plan
Providing several ways for our IB's to charge commission.
ForexGen IB can also charge commission for each lot the traders execute.
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.for more informations…
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.
Instant order execution.
No dealing desk.
Low spreads.
Free qualified forex charting .
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:
· 2 pips spread on six currency pairs.
· Leverage of 200:1 leverage for accounts.
· 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.
· The minimum account size with a 250 US has the ability to execute a lot of trading lots.read more….
Qualified and familiar multilingual platform!
Streamline dealing with no request for quote for up to 20 million.
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.for more informations….

White Labels With Forexgen

Forex White Label partnership allows the trader a quick access to the online foreign currency exchange market.
ForexGen provides two types of trading White Label partnerships, a limited and a full solution. ForexGen different types of forex White Label partners are able to access ForexGen's trading platform entirely branded under each partner's unique company image and name. We provide a customizable online trading platform for the different types of the two White Label solutions.
Full White Label
We provide 'full White Label partnership' to match the needs of the regulated companies and organizations that have a legal authorization to hold clients' funds. Our online trading platform is the most qualified online trading software in addition to an experience based infrastructure, but the full White Label partner is responsible for all administrative work and of all contact with their clients, i.e. opening of accounts.
Limited White Label
Limited White Label partners are also offered to access our customized online trading platform but their customers have to open a direct forex trading account with ForexGen Investments. Consequently, limited White Label partners could be not regulated by a financial authority as they will not hold customers' funds. This service permits the customer to manage his trading actions freely without vast administrative paperwork.
WHAT are the advantages of being a WHITE LABEL PARTNER with ForexGen?
A Qualified and familiar online trading platform branded under each company name!
· Streamline dealing with no request for quote for up to 200 lots (20 million).
· Our online trading platform offers trading of 25 currency pairs also Gold and Silver with the 'one clicks trading' mechanism.
· Constantly updated real time prices.
· Real time charts with the most common indicators.
· Daily account statement.
· Recent technical analysis by Capital Management is provided each day to the mailbox in the ForexGen online Trading Platform.
· Streaming news quotes provided by AFX News.
· An attractive income sharing plan
Trading White Label enables our partners to charge their clients' commission for each traded lot.
They also have the ability to raise the spread for all or certain customers.
ForexGen offers a minor predetermined percentage for every closed lot traded by their customer in case that White Label partner does not raise the spread or charge their customers a commission.
Commission is paid out every month.
Learn more through http://www.forexgen.com/

Forexgen Money Managers

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.
Individualized services:
ForexGen Money Manager’s services provide an extremely competitive program for managing client’s funds in order to introduce new clients to the Forex Market without having them to trade. The Money Manager will be gaining commissions from two fixed sources and a variable one based on the amount of deposits you are managing in your money manager account. Money Manager's client's account can be activated with the agreement of their clients. Moreover, they will be enjoying the benefits of being a ForexGen family member:
· Up-To-Date RSS news feed.
· Lowest spreads in the Forex Market.
· Tremendous amount of Technical Indicator.
· Fast order execution.
learn more http://www.forexgen.com/

Lowest Spreads With Forexgen

What Is A Spread?
spread is the difference between the ask price (the price you buy at) and the bid price (the price you sell at) quoted in pips. If the quote between EUR/USD at a given moment is 1.2222/4, then the spread is 2 pips. If the quote is 1.22225/40, then the spread is 1.5 pips.learn more..

Why Are Spreads So Important?
Spreads affect the return on your trading strategy in a big way. Probably more than you think. As a trader, your sole interest is buying low and selling high. Wider spreads means buying higher and having to sell lower. A half-pip lower spread doesn't sound like much, but it can easily make the difference between a profitable trading strategy and an unprofitable one. You can use OANDA's Spread Cost Calculator to see how much spreads are costing you and how big a difference spreads make to your return.learn more...

SpreadAll spreads are fixed intra-day and night and ForexGen maintains fixed spreads during normal market conditions.
orexGen also offers a "No Dealing Desk" execution option which does not provide fixed spreads or guarantee regarding slippage. Clients are able to select this option at ForexGen's discretion.
LiquidationAny depreciation occurring to a point of depletion of an entire balance in Forex account, will be liquidated automatically without any margin calls.
FeesForexGen customers enjoy trading without commissions, transaction fees, overnight performance fees or execution.
Overnight positions (swap)ForexGen offers swap-free accounts. Swaps will not be applied to ForexGen accounts.
Deposit currencyClients can select to fund their live accounts with USD or EURO.for more informations…...
ReportingComplete and full detailed reporting about the account trading activities are generated 24 hours a day, 7 days a week.
Opening a live Account OnlineOpening a ForexGen trading account is easy, fast and secure. Just complete and submit your application online in just minutes. Representatives are available 24 hours a day, 7 days a week.read more…