Posted by: forexgenmanagedportofolios | July 2, 2008

Forexgen’s Risk Warning & Disclaimer

Risk Warning

According to the International Trade Commission foreign exchange trading is a highly risked prospect which is not appropriate for all investors as any currencies transaction is exposed to a risk. Forex Trading is a risked opportunity where returns exceed the average only with those investors with the experience and the required knowledge.

Online trading in Forex market should be proceeded by principal factors that must be considered carefully such as the objectives and scope of investment, adequate level of experience, and psychological self control. A loss should always be affordable before deciding to make a trade.

The turbulent and volatile nature of the Forex market proportionally affects the deposited funds which might affect it positively or negatively. The possibility that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position.

Failure to watch margin calls within the time frame, will result in liquidation of the positions and trader will be responsible for the loss occurred by this liquidation.

Trading without a well built strategy and money management policy is a highly risked practice.

The main reason that most traders lose their capital is that $the traders are not able to understand the real nature of the market in which they are operating.

As stated by the Australian Trade Commission trading in the Forex market usually requires a tremendous level of understanding and self discipline to achieve success and profitability. It also requires the consistent application of well tested trading strategies and rules, with solid commitment. A trader should always comply with the rules and legalization made by the local authorities.

Internet Trading Risks (Warning Risk)

There are involved risks with employing an online foreign exchange transaction using trading systems. While, that doesn’t mean it’s limited with the failure of hardware, software, and Internet connection. ForexGen employs back-up systems and emergency situation plans to reduce the risk of system failure.

ForexGen is free from responsibilities for any connection failures or delays in case of online trading. The trader has to accept that online trading as of his sole risk, the trader have to admit his full responsibility and risk of loss resulting from employing the materials obtained through the online service, ForexGen wont guarantee the results that maybe obtained from the online service or as to the appropriateness, sequence, accurateness, professionalism, consistency of any modulation, service or transaction provided through the online service.

Making orders at the online services is an agreement order may not be evaluated by a registered representative preceding the execution.read more

 

 

Disclaimer

 

The accuracy or completeness of the services supplied connected with this agreement or any information included within will not be warranted or guaranteed by ForexGen.Any person or entity that obtains results from the use of information or software included in the services provided will have no warranties, expressed or implied from ForexGen, neither will ForexGen make warranties of fitness for a particular purpose or use. ForexGen and its partners will not be held responsible for any direct, indirect, incidental, special or consequential damages done to subscribers or any third parties. These damages include without limitation ForexGen’s neglecting or either these damages were foreseen or unforeseen.

 

ForexGen will never have any responsibility regarding the delays or interruptions caused by uncontrolled circumstances. The performance of the Internet delivered services are usually affected by the following factors:

 

  • Registered client’s physical location.

  • Registered client’s systems configuration (browser, processor, operating system  and hardware).

  • Registered client’s Internet connection and communication hardware (ISP, network card, modem, gateway).

  • Data traffic conditions on the internet.

 

The Registered client must know and agree that ForexGen will not be responsible for subscribers that have technical difficulties in accessing the service due to having problems the internet, which is not controlled by ForexGen. Any data provided through the service is a property of ForexGen and it may not be copied or redistributed without the legal approval of a ForexGen representative. However, the registered users will be allowed to gain a certain amount of data and information to help them analyze, interrogate, manipulate and prepare reports to aid them with their business. Registered user MUST mention in such materials that ForexGen was the source of this data and provide ForexGen with a copy of these materials.

 

 

ForexGen provides forex traders with back-up systems and emergency situation plans to reduce the forex risk, and any communication risk warning although ForexGen is free from responsibilities for them. ForexGen also decreases the forex trading risk rate and preserve the capital by providing tools to compensate the experience and knowledge of forex traders.read more

 

Posted by: forexgenmanagedportofolios | July 2, 2008

Customer & Trading Support

ForexGen Customer Service seeks to achieve the highest level of customer satisfaction.

ForexGen online trading services are available 24 hours a day from Sunday at 6:00pm EST to Friday at 2:00pm EST to support and offer the help needed by all ForexGen’s clients through answering any questions they may have.
ForexGen provides full time assistances to support  clients during the usage of ForexGen platform, whenever our clients face any problems during downloading or installing the platform ForexGen experienced stuff will help to overcome it.

ForexGen provides clients with full scale demonstrations and help for the technical issues.

    Clients can contact ForexGen by using on of the following methods:

     Global Phone Number.

Phone number: +441612619872
Addres:             Suite 72, Cariocca Business Park, 2 Sawley Road,
                        Manchester, Lancashire, M40BB
                        ENGLAND

 

Dealing Rooms.

ForexGen dealing desk representatives are available during trading hours - 24/5 from Sunday 6:00pm EST to Friday at 2:00pm EST.

You are encouraged to contact the dealing room by phone ONLY in these situations:

  • If you are not able to access the internet.
  • Failing to receive a confirmation on an online order.
  • Failing to connect to ForexGen server.

Whenever the trader asks for trading support, our team checks if the trader has performed the trading factually in order to facilitate the trading process and make it faster. Please pay attention to the following instructions before calling the trader support in the trading call center.

  1. Your account number (visible in your Summary Report under ACID). While the User ID number is unverified.
  2. Determine weather the order is a Market Order or a Limit Order and the number of units and the desired currency pair. ForexGen provides the trader with a factual changing quote stream. The prices can be changed more than three times at every second. Consequently the Market Orders will be maintained according to the current price the order was placed.
  3. Specify your trade as “I would like to buy 5 lots of USD/JPY during the Market with a stop loss of 102.45 and a take profit of 102.62. . .”.

Remark: The given price is un-negotiable. Traders have no permission to hang on the phone waiting for price changes. All phone calls are recorded to ensure the integrity of transactions.

Request call back.

Please specify your comments or inquiry and one of our customer support representatives will contact you shortly.read more

 

Posted by: forexgenmanagedportofolios | July 2, 2008

Accounts Funding

ForexGen offers the easiest, simplest and fastest way of Forex funds depositing, withdrawing and transferring provided with Customer Support personnel available 24/7 In order to serve its clients any time all over the world.

ForexGen cares for its clients’ funds, so that ForexGen allow funding operations with guarantee of ForexGen itself that your fund operations are executed with high level of security and privacy.

Funds are accepted by wire transfer and e-gold payments.

  • Deposit of funds is made easy through our short online form in your account management section, click here for a quick access (needs login)
  •  

    Account receivable funding could electronically funded by ForexGen after one business day, thus the client’s account will be funded in the same day of receipt. For our client’s security, each wire transfer reference section must contain the client’s name and account number.
     
    ForexGen minimum deposit required to start trading is $250. Also we have no limit for depositing fund into your account. You have the absolute right to choose the amount you want to deposit.

     


    Disclaimer

    The accuracy or completeness of the services supplied connected with this agreement or any information included within will not be warranted or guaranteed by ForexGen. Any person or entity that obtains results from the use of information or software included in the services provided will have no warranties, expressed or implied from ForexGen, neither will ForexGen make warranties of fitness for a particular purpose or use. ForexGen and its partners will not be held responsible for any direct, indirect, incidental, special or consequential damages done to subscribers or any third parties. These damages include without limitation ForexGen’s neglecting or either these damages were foreseen or unforeseen.read more 

    ForexGen will never have any responsibility regarding the delays or interruptions caused by uncontrolled circumstances. The performance of the Internet delivered services are usually affected by the following factors:

    • Registered client’s physical location.
    • Registered client’s systems configuration (browser, processor, operating system and hardware).
    • Registered client’s Internet connection and communication hardware (ISP, network card, modem, gateway).
    • Data traffic conditions on the internet.

    The Registered client must know and agree that ForexGen will not be responsible for subscribers that have technical difficulties in accessing the service due to having problems the internet, which is not controlled by ForexGen. Any data provided through the service is a property of ForexGen and it may not be copied or redistributed without the legal approval of a ForexGen representative. However, the registered users will be allowed to gain a certain amount of data and information to help them analyze, interrogate, manipulate and prepare reports to aid them with their business. Registered user MUST mention in such materials that ForexGen was the source of this data and provide ForexGen with a copy of these materials.read more

    Posted by: forexgenmanagedportofolios | July 2, 2008

    Customer Agreement

    ForexGen presents specialized Forex online trading services. We support trading in variable currency pairs, available services 24 hours a day most of the week. Real time prices are supplied to facilitate the trading and make it more quick and efficient. Our trading terms & conditions are the most competitive trading terms & conditions for various trading kinds which represent our appreciation to every client starting from the smallest customers. ForexGen is re-setting professional trading technology, by a continuously tracing the competence offers and modifying our trading conditions and provided platforms.
    • ForexGen LTD is providing an Executable Quotes which appears directly once the trader click the current bid or offer in the Forex trading platform. The orders aren’t checked manually to prevent undesired price quoting. The bid/ask spreads (2 to 3 pips in the major currency pairs) are most of the time stable, and never freeze the prices in any situation.
    • ForexGen LTD is permitting the immediate orders implementation with complete Confirmations and real time margin checking. In addition, automated fills are provided for all market orders.
    • At ForexGen LTD filling the orders is instantly and accurate without difference between the quoted price and the execution price. In addition, Provided Stops and limits have no slippage. Generally we assure and guarantee that under all situations except the most unexpected volatile condition.
    • The bid and ask prices usually modified, to buy the client’s ideal support in taking the buy or sell decision. In addition to posting our bids and offers frequently at any market condition, giving you a fair chance to trade during important news events. Other TSPs don’t allow you to trade on big market making news -they freeze their prices or widen their spreads when the market is volatile. At Forex Gen, we never freeze our prices.
    • ForexGen LTD Advanced trading tools are at the client’s reach, providing modified up to minute news, supports reporting each day & each week plus alerts of the real time trade.
    • TRADING LIMITATIONS.

      ForexGen LTD at any time, in its sole discretion, may limit the number of positions which Customer may maintain or acquire through ForexGen LTD , and is under no obligation to effect any transaction for Customer’s accounts which would create positions in excess of the limit which ForexGen LTD has set. Customer agrees not to exceed the position limits established for any contract market, whether acting alone or with others, and to promptly advise ForexGen LTD if Customer is required to file any reports on positions.

      ForexGen LTD preserves the right to cancel any transactions found to be erroneous because of the market volatility, failure in the software or hardware of the trading platform or the connected parties. This cancellation is done without consulting with the Customer. The Customer hereby agrees on accepting the consequences of such cancellation either on, or against his favor.for more informations

      ForexGen LTD Preserves the right to ban any Customer from its trading platform, suspend any accounts temporarily or permanent at any circumstances where the account was suspected to perform one or more of the following forbidden activities:

      - Illegal pip hunting.
      - Illegal scalping.
      - Multi IP login at the same time.
      - Suspicious hedging of the same currency.
      - Harmful strategie including but not limmited to news and reports aggressive trading
      - Expert Advisor that are not approved by ForexGen.
      - Security threatening activities.
      - Any other hostile activities that threatens ForexGen, its customers, business partners and counter parties.

      ForexGen LTD risk management office has the right to estimate the risk scope and calculate the remaining funds to be paid out to the Customer after suspension. ForexGen has the sole right to cover its losses caused by the over mentioned activities prior to the suspension.read more

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