More About The Forex Market & How It Works

Forex or foreign exchange market is the largest of all the financial markets that now exist in the world. A large number of multinational corporations, banks, central banks, currency speculators and other financial markets are involved in this sale of international currencies. These participants cannot directly involve in the sale of currencies. They can participate in the trade only through brokers or banks functioning in this wing of international trade.

When compared to other market, forex market possesses some unique features. It include its extreme liquidity, size, geographical dispersion, long trading hours and the variety of factors that influence the exchange rate of the currencies involved in the trade.

This international currency trading platform is utilized by the institutions like companies, fund mangers and banks to purchase and sell out international currencies. Capital flows that arise from deal in goods and services and cross border investments are the main motivating factors behind international currency trade. The sums involved in this trade will normally be very huge and most of the time a single deal in forex market will come between 3 million to 10 million US dollars.

There will be three types of participants in forex market; customers, bank and brokers. Commercial banks are the most active participants in the forex market. A large bank may trade millions of dollars a day on behalf of its customers. They are also involved in large amounts speculative trade every day by dominating the market. Until recently, a large volume of speculative trade was handled by the brokers who work in this field. With the introduction of electronic forex trading systems, much of the business has moved to these devices that work twenty four hours a day without break.

[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.

ForexGen offers 1 pip spread on 10 pairs with high trading techniques that make [ForexGen]
incomparable to any other rival.