#1- Spread Amount the spread, which is calculated in pips, is the difference between how much you can buy or sell a currency at a specific point in time.
Forex currencies are not traded through a central exchange market, so the spread can be different depending on the forex broker you use. Some online forex brokers have variable spread; some of them have two spread amounts that depend to day and night.
Some of them their spread depends to the position of market. When market is quiet the spread is small and when market is busy the spread is high. I prefer forex brokers that have fixed spread, because over the long term fixed can be safer.
#2- Executions
- How fast is the broker's order execution?
- Do they offer automatic execution?
- How much can you trade before having to request a quote?
[ForexGen Introducing Brokers]
Introducing Brokers may be individuals or institutions who gain their income from the commissions and/or rebates by introducing customers to ForexGen trading.
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.
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.
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.
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.
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