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ForexGen ForexGen

ForexGen Forex Broker | ForexGen Review & Rating | forexgen.com forex trading

Headquarters:  N/A

Country: N/A

Regulated by: None

Trader's rate 0
Editor's rate 0.0

 

ForexGen Website is closed! 

 

 

Mini Account:

  • minimum deposit: $250
  • minimum lot size: 10k
  • max leverage: 500:1

Standart Account:

  • minimum deposit: $2,500
  • minimum lot size: 10k
  • max leverage: 100:1



Latest news about ForexGen

Spread

Variable spreads
Typical spreads EUR/USD -1 | GBP/USD –1 | USD/CHF -1 | USD/JPY –1

Pros

Cons

Very low spreads

 

No

 

Slippage

Pros

Cons

No

 

Slippage during news releases

Slippage during normal market conditions 

Requotes

Pros

Cons

No

 

Frequent requotes during all market conditions

 

Price feed

Pros

Cons

No

 

Price manipulation

 

Platform

Pros

Cons

Metatrader

 

No

 

Deposit/Withdraw

Deposit

Withdraw

Bank transfer
e-gold 

Bank transfer
e-gold 

Customer service

Pros

Cons

No

 

Unreliable

 

Summary

ForexGen's agreements with traders are written in such a way as to allow ForexGen to confiscate funds from the accounts of traders for a wide variety of reasons that are not clearly defined

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