Automated Forex Strategy - How to Evaluate One | ForexGen

Beyond any doubt the idea of automated Forex strategy is great. You switch it on and the "magic box" trades according to the rules which are integrated into the strategy. You just sit and enjoy. Surely the life is not THAT easy.

We would like to focus your attention on the things which are crucial to know when you are making a choice about automated Forex strategy. That is why make sure you get detailed answers to these questions before you make a purchase:

• What is the package?

By the package we mean elements and services needed to make the given automated Forex strategy work. It can require some special trading platform - and this platform can be working only with a specific Forex broker. Or the rules of the strategy may need very specific conditions of the trade (like, not more than 1 pip spread, etc.)

Knowing the full package you will see hidden costs. Because if the strategy itself costs $29 per month, but you will also need to trade on it with another broker who can have its own fees - you understand that a $29/month automated Forex strategy turns into a much bigger expenses.

• Automated does not mean it needs no help from human being.

Yes, it is automated and can trade without your babysitting on it. But Forex market is a "thing" that is open to changes. It means that what used to work ok for 2 years in a row does not necessarily work fine the next couple of months. Every professional trader will prove that previous trading activity cannot be extrapolated to the future trading activity.

So, it means you need to check the pulse of your trading even when you use automated Forex strategy. Either you need to do that or hire someone to do that. Extra expenses involved, but this is for the sake of your safety.

ForexGen strives to give incomparable professional and individualized trading services.
As a professional online trading service, ForexGen provides several facilities for all kinds of traders

How to Find Best Forex Signal Provider - Free Forex Trading Signals Software Tips (no forex signal reviews involved) | ForexGen

Many people on Forex market choose the option of signals or alerts trading. This is very simple: you are susbscribed to some system that sends you entry and exit signals/alerts, you execute them - nothing difficult.

We are not going to dispute in this post whether Forex trading by signals is the best way to trade on the market. We will focus on how to choose the best Forex signal provider.

You understand that the quality of the signals is EVERYTHING for you, when you trade with signals. Quality signals, you have profits; bad signals, you look into the big wholes in your pockets. So th

e question comes down to…

How to Choose Quality Forex Trading Signals?



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.

Finding the Best Managed Forex Accounts - Secrets of Investing Your Money Wisely | ForexGen

ForexGen our partnership with the industrial leaders, we are capable of delivering incomparable quality of online currency trading service.
ForexGen services are all controlled by the international banking and financial regulatory standards.
ForexGen is continuously providing the Forex market's safest trading terms & conditions. Providing professional currency trading services that meet our client's expectations is our first priority.

Forex managed accounts service is, perhaps, one of the most popular and lucrative niches on the Forex market. This is the choice of people who have money, but do not have time or skill or desire to trade the money.

If you are one of the people - be aware that you are one of the most hunted for people on the Forex market for Forex traders, Forex brokers (who often have Forex money managing as their affiliate business), and companies that lurk on the market.

Without getting into much details, because we have been mentioning this many times before in these Forex tips about choosing trading signals and these best Forex investment scam proof tips, we just want to say in general - do not trust things like testimonials, recommendations on forums, trade records (unless in the version specified further in this post), because there is a probability they are just marketing and affiliate stuff.

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.

Dealing Desk Forex Broker vs Non Dealing Desk Broker ? | ForexGen

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.

Maybe, this is not very correct this a catch, but there is much beyond the choice between dealing desk Forex broker vs no dealing desk Forex broker.

Usually, you will notice that dealing desk brokers are a lot more "friendly" and give you more great perks and bonuses. For example, there dealing desk brokers allow you trading with mini and even micro lots, unlike brokers who require a standard lot of $10,000. This is where you already start thinking "Hmm, why is all that good attitude from dealing desk brokers, compared no dealing desk."

I would not like to tell this about all Forex brokers, but business is business. Usually when they are ready to give away a lot, this means they are sure they will compensate it from some source of income. And for brokers with dealing desk the dealing desk in itself is the source of profits.

Automated Trading Broker | ForexGen

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.

Before we go into the details about automated trading broker busines, it is very important to explain what is Forex auto trading, because many people by mistake thing that auto trading and Forex trading robots are the same.

Forex trading robot is a special set of rules that is programmed into the Forex trading plaftorm that is activated on your trading account. The robot is programmed and knows what to do - when to open and close the trading positions. Most of the Forex brokers have the trading platforms that can be programmed to execute the actions of the trading robot.

Auto trading is different. A trader or group of traders are trading in real time. When they open or close a position, the special signal is automatically sent to your trading account and the special type of trading platform executes the order.

Now you see, this is about having special type of trading platform that has to be setup by the Forex broker. That is why only few Forex brokers can be called an automated Forex broker.

When you register with this type of broker, they open a trading account with this special platform. Then you can choose from the list of traders or groups of traders and plug your account to their work. Plus you decide how much money from your trading account to give to the trading under the signals of this or that trader. The money does not leave your account, it is virtually getting into the hands of the traders that you have chosen. Then you can even switch off your PC - they will do the job.

Exchange Rate | ForexGen

The ForexGen Trading Station is our clients' gateway to the world's Foreign Exchange and Bullion markets. We have chosen the ForexGen Trading Station as our solution for the professional trader because in our opinion, it is the most reliable, professional and secure online trading software on the market at the current time.

Exchange rate differences arising between the rate of the transaction day and the date of payment are included in the profit and loss account as financial items. Exchange rates are the price of one currency expressed in terms of another currency. Commercial banks merely act as agents ('authorised dealers') for the Reserve Bank, in respect of rand/dollar dealings. Exchange when its convenient and dont play the waiting game.

Exchange rates for cash are less favourable to recover shipping and handling charges. Transaction prices in Forex are very low due to the amount of volume and large number of participants, according to this Mark Copeland Forex Autopilot System Review. Transactions denominated in foreign currencies are recorded at the rate of exchange ruling at the date of the transactions. Where foreign branches of CUP accounting in foreign currencies operate as separate businesses, all their assets and liabilities are translated into sterling at year-end rates and the net effect of currency adjustments is taken directly to reserves. Transactions in foreign currencies are not centralized on an exchange, unlike say the NYSE, and thus take place all over the world via telecommunications. Trade is open 24 hours a day from Sunday afternoon until Friday.

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.

Information About Finding A Forex Assassin Review | ForexGen

Foreign currencies are actively managed. In doing so, the focus is placed on the most important core markets, in fringe markets business cooperations are entered into with qualified specialists. Foreign currencies are on a floating exchange rate and are always traded in pairs; e.g., the Euro versus the Dollar or the Dollar versus the Japanese Yen. Foreign currencies are bought and sold directly between individual trader, according to this Forex Assassin Review. This is in direct contrast to commodities and stocks, which are traded on central exchanges like NASDAQ and the NYSE.

Foreign currencies are an asset class on the rise in US Dollar terms over the last seven plus years, and they have made measurable moves to the upside since the first of this year. Foreign currencies are constantly and simultaneously bought and sold across local and global markets while traders increase or decrease value of an investment upon currency movements. Foreign exchange market conditions can change at any time in response to real-time events so it is also considered to be a highly volatile and fragile market too.

Exchange risk is the change in the dollar value of exposed assets or liabilities resulting from changes in the spot rate during a given period. These foreign currency exchange gains and losses are recognized in net income, according to this Forex Range Trader Review. Exchange rates for such currencies are likely to change almost constantly as quoted on financial markets , mainly by banks , around the world. A movable or adjustable peg system is a system of fixed exchange rates , but with a provision for the devaluation of a currency.

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.