First,forex brokers should offer competitive spreads, or the difference between the selling and buying prices of a certain currency. Good forex brokers competition offer anywhere between 3 and 5 pips, the ideal spreads that can make sure you are gaining from your investment. Avoid as much as possible those forex brokers competition that offer variable spreads, as you may find a spread that suddenly widens during a busy market, which is where you would gain money, but only if the market is bullish.
Another good indication of a reliable broker is one who uses a secure online connection to take payments and funding for your forex currency account. This ensures smooth trading, because you don’t have to make time-consuming e-commerce transactions just to get money into your account, and another transaction to transfer profits to your bank account. Remember, you don’t only trade, but you also have to look at forex brokers competition data in order to make decisions. You don’t have the time to make time-consuming transactions in between.
Next, as a way to maximize your potential profits when engaging in the trade, you need to have a forex broker competition that will grant a leverage of about 200:1. This is the ideal leverage that forex brokers competitive should have; however, there are some that offer higher leverages. These leverages even reach 400:1 as a maximum, offering your higher potential profits from your forex currency trade.
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.
For full Information and online application, please click here
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