Global forex trading (GFT) has become a by word among traders whether via on line or land based trading. With the offshoot of a dynamic and volatile global economy the demand for GFT is churning it up to $2trillion dollars daily all over the world.
Information technology, made GFT allows traders to deal with large amounts of capital which was unthinkable during the 1990's, it made GFT considered as a lucrative investment tool for many traders. GFT traders is a profitable profession as the global economy embarks on a new phase of development.
Global forex traders are always active, twenty four hours a day, seven days a week in any part of the world. GFT is the most active business because it works around the clock. Some GFT traders earn lots and pips even at home using an internet connection and a computer. If you want to be a GFT trader, you may either be working in a bank or be an online global forex trader.
Global forex trading is actually trading foreign currencies coming from all over the world. GFT works by placing a bet of another currency against another currency, you earn pips or lots depending on the market trend in the economy.
Basic characteristics of global forex trading are: first, global forex trading is different and separate from the stock market. Compared to the stock market, GFT is usually bullish because the demand is always high, the first type of trading has two market trends, it can either be bullish or bearish. It is bullish if there is a great demand for stocks and bearish if the market is running on a loss. It is when the market is bearish, when you start buying some stocks the prices are low.
Global forex trading is running 24 hours a day round the clock and you come in anytime you want.
Global forex trading gives you an advantage of leveraging, it can be risky if the market trend is running at a loss, so don't invest, it is best to put a stop on your bets, but if the market trend is running on profits, leveraging can work best for you to maximize your profit potential in GFT.
[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.
Sunday, January 4, 2009
Earning Pips in Forex
Labels: ForexGen Introducing Brokers, Pips
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