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Customer Agreement PDF Print E-mail
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 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.com 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 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 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 at any time, in its sole discretion, may limit the number of positions which Customer may maintain or acquire through ForexGen, and is under no obligation to effect any transaction for Customer’s accounts which would create positions in excess of the limit which ForexGen 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 if Customer is required to file any reports on positions.

    ForexGen 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.

    ForexGen 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 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.

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.

 
 
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