This is an order to buy or sell a given currency at the current market price. This means that the trader will be buying at the “current” ask or selling at the “current” bid that is quoted. The market order can be used to enter or exit trades. When placing a market order, the currency trader specifies the currency pair that he wants to buy or sell and the number of lots or contracts he wants to trade.
With most currency trading platforms, this order is placed with a single click and is executed instantly at the current rate quoted. Often small market makers are unable to fill market orders instantly and usually re-quote traders. This can be a major source of problems as unnecessary costs of trading are incurred that can affect performance over time and the profitability of each trade. However, this type of order is very popular with certain trading strategies i.e. strategies which react to market conditions and require instantaneous execution of a trading position, ether to enter or exit.
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.
* 2 pips spread on six currency pairs. * Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays. * Leverages up to 1:200 for accounts up to $1 million US. * Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
The future is coming quickly upon us; very soon millions will be on the Internet trading foreign currency. Forex trading is gaining momentum now, as the word goes out that is a SAFE market to trade in.
The major reasons why Forex trading is catching on to the individual trader are Safety, Liquidity,
Trade when you wish, guaranteed stop losses, and its fun.
You do not have to sit in front of your computer all day long to trade the Forex, although once you see the power of Forex trading you might want to. Our teaching methods will show you the correct entry and exit points. All you have to do is glance at the charts occasionally to see if correct entry point is approaching, and if it is then get in on the trade. We will even show you how to leave your computer and have your trade be closed automatically at the level that you wish.
Everything you need to trade in the Forex market will be provided to you. You will be able to participate in the trading seminars, listen and watch experienced traders in our system live to your computer.
The world is getting more complex, but getting smaller at the same time. The Internet has made information accessible to anyone on the planet. We urge you to educate yourself in the techniques of 1st Forex trading academy, as it is already becoming the best way to increase your income from your own computer.
Don’t be the one that says, «Forex, I could have been in that. » It’s time for 1st Forex Trading Academy to teach you how to make money with money. After all, when you boil it down, that is what currency trading really is.
Forex fits into your trading plan than gets started. Don’t be surprised that you can use various trading vehicles in the world of Forex.
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.
An Example for one of the Money Manager’s bonuses:
Deposit Amount (US Dollars)
Bonus
Added to
$50,000
$1,500
Master Account
$100,000
$3,000
Master Account
$250,000
$7,500
Master Account
$500,000
$15,000
Master Account
$1,000,000
$30,000
Master Account
The most competitive trading conditions:
2 pips spread on six currency pairs.
Providing online trading services without maintenance margin, margin call and no automatic closing of positions below the initial margin on weekdays for accounts with initial equity of up to $1 million US. The margin level have to be recognized Fridays at 23:00 CET and before public holidays.
Leverages up to 1:200 for accounts up to $1 million US.
Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.
ForexGen “no maintenance margin policy” means that our clients’ positions can reach and go below the margin requirements without ForexGen close their opening positions. Throughout the week your positions may fluctuate and ForexGen will take no action. We only require you to respect the margin requirements by Friday 23:00 GMT and before holidays.
“No maintenance margin policy” means if your positions go below the margin requirements, we don’t close your account or even give you margin calls. However, if you approach the level where the loss of your open positions approaches the balance of your account, you will be stopped out and your positions will be closed. Stop positions will be executed when there is only around 5% equity of the required margin left in your account. Offering “no maintenance margin policy” to our clients gives more flexibility and confidence to our clients, as they can decide for themselves when they want a position to be closed. Sometimes if the price is going against you, many of our competitors would close the position if it goes below the required margin - even if the price bounces back the next moment. We give the client complete control over his positions.
With most currency trading platforms, this order is placed with a single click and is executed instantly at the current rate quoted.
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