Friday, November 28, 2008

ForexGen | Where can I get 1 pip spread for big amounts?



Advanced currency markets offer a 1 pip spread for every major currency. This is a fantastic deal for the budding foreign exchange trader. Why neglect the opportunity to obtain fantastic payback when you can easily procure a 1 pip spread, my friend?
Although many traders claim to have found optimal trading opportunities here in the United States, the Forex market may be more ideally suited. Explore your options both online and offline to determine your strategies. Whatever you do, focus on a program of a 1 pip spread market savvy that considers your budget limitations.

Winning with a 1 Pip Spread
It is indeed possible to learn Forex secrets in a very short period. Your No. 1 priority must be to learn all you can about these exciting investment 1 pip spread opportunities. Protracted debates over the merits of foreign trading may result in missed profits.
Ultimately, getting a hang of your new investment paradigm will no doubt take some time. Prepare yourself and your budget for some inevitable initial losses. A proactive defense will buoy both your spirits and your pocketbook.

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.

ForexGen | Making Sense of Forex Quotes and Pips

In margin forex trading, there are two prices for each currency pair, a "bid" (or sell) price and an "ask" (or buy) price. The bid price is the rate at which traders can sell to the executing firm, while the ask price is the rate at which traders can buy from the executing firm.
For example, when you see the price quote of EUR/USD is 1.2881/1.2882 as in the above picture, the bid is 1.2881 whereas the ask is 1.2882. That means traders looking to sell must do so at 1.2881, those looking to buy must do so at 1.2882.
The difference between the bid and ask price is the spread, which constitutes the cost of the trade. In fact, all traded instruments - stocks, futures, currencies, bonds, etc. - have spread. If a trader buys at 1.2882 and then sells immediately, there is a point loss incurred. The trader will need to wait for the market to move a point in favour of his/her position in order to break even. If the market moves point in your favour, he/she starts to profit.

Many online trading firms like to promote margin forex trading as an almost cost-free instrument - commission free, no service charge, no hidden cost, etc. Traders should know that spread is the cost of trading, and in fact, it also represents the main source of revenue for the market maker, i.e. the forex trading company. The spread may appear to be a minuscule expense, but once you add up the cost of all of the trades, you will find it can eat away quite a portion of your account or your profit. If you check the price tag of a T-shirt before you buy it, do the same thing when you trade forex, look into the spread before you decide to trade. Your trade needs to surmount the spread (the cost) before it profits.

Know your expense: the spread
Spread is the cost to a trader. On the other hand, it is a revenue source of the firm who executes the trade. In the foreign exchange market, the spread can vary a lot depending on the executing firm and the parties involve. Inter-bank foreign exchange can have spread as tight as 1-2 pips, while the bank can widen the spread to 30-40 pips when dealing with individual customers. If you check out the spread of those small exchange shops nearby the tourists' sights, you may find the spread can go up to 400 to 600 pips.

ForexGen Refer A Client

If you have any friends who trade in the Forex market, and may be interested in joining ForexGen.com, why not get a FREE cash bonus from their trading activities?The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met:

1. The referred party has opened a live standard account of at least $2,500 USD and has traded 20 round turn lots.
2. The referred party has opened a live mini account of at least $250 USD and trades 20 round turn lot, the referring party receives $10 to their ForexGen account.

ForexGen | Forex Trading - a Guide to Pips and Spread in Online Forex Trading


The first thing you must understand in forex trading is the spread and the pips. Each currency is traded against another one. This is called a currency pair. An example for a popular pair with high daily trading volume is EUR/USD.
The EUR/USD exchange rate is one of the most traded contracts in the world. In total the forex market .
trades around $2 trillion Dollars every day but there are only a few currency pairs that are traded with high volume.

When you want to trade this pair then you need to know the spread and the value of a pip. The spread is the difference of the buy and sell price. For example you want to buy the Euro against the Dollar. The current price that your trading platform displays is 1.5000 x 1.5001. That means there are 1 pips spread.
You can buy the Euro at 1.5001 but sell it only at 1.5000 right now. The price of the currency pair is constantly changing. The spread can also change. The spread will get bigger with more market activity for example. Your broker is the one who earns the spread. He widens the spread when he has more risk and reduces the spread when the risk for the broker becomes smaller.

You have no other choice than paying the spread. There are brokers that offer zero spread trading but that is often an illusion. The broker makes the pricing and he can give you any price he wants. The price you see may have no spread but you can be sure that you pay a price for it some way.
Other popular currency pairs are GBP/USD, USD/JPY and CHF/USD. Your trading platform may have dozens of pairs available but do not forget that only the major currencies provide enough volume and volatility for day trades.

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.

Thursday, November 20, 2008

Frexgen|How to Get Back Some Spread From a Broker




The Foreign Exchange Market (or FX Market, Forex Market
) exists wherever one currency is traded for another. This is the largest financial market in the world. Includes trading between banks, institutes, multinational corporations, currency speculators and other participants. Foreign exchange trading
increased by 38% between April 2005 and April 2006 and has more than doubled since 2001. This number is growing continuously and now an average daily trade is approximately 4 trillion dollars, just on a single day!

The brokers earn millions of dollars every year from traders who win or lose their money. This money is going to CEOs who spend it on their Rolls Royce or other luxury products, while the traders are still living in a little flat or a small house. There is a method, though where a trader can get back some of the spread, which is the brokers commission for their services. If you want to get back some of this money which actually cut from your account every time you make a sell or a buy (open a position), just make a contract with a special Introducing Broker. These firms get commissions from the market maker
(broker) after you and give you rebate of this commission! For example, if an Introducing Broker (IB) gives you a 50% rebate after a 2 pip spread you can get back 25% of your money what you originally lost! If you want to find an Introducing Broker with rebate options, just Google it or look at MandLoysFX.com. Read carefully the terms and conditions of these IBs and act today, to prevent yourself from losing more money!



If you have any friends who trade in the Forex market, and may be interested in joining ForexGen.com, why not get a FREE cash bonus from their trading activities?The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met:

Forexgen Refer A Client

If you have any friends who trade in the Forex market, and may be interested in joining ForexGen.com, why not get a FREE cash bonus from their trading activities?The referring party will receive $100 USD to their ForexGen account, at the end of the month in which the following criteria are met:

1. The referred party has opened a live standard account of at least $2,500 USD and has traded 20 round turn lots.

2. The referred party has opened a live mini account of at least $250 USD and trades 20 round turn lot, the referring party receives $10 to their ForexGen account.