White Label with ForexGen
- By Forex Gen
- Published 03/4/2008
Forex White Label partnership allows the trader a quick
access to the online foreign currency exchange market.
ForexGen provides two types of trading White Label
partnerships, a limited and a full solution. ForexGen different types of forex
White Label partners are able to access ForexGen's trading platform entirely
branded under each partner's unique company image and name. We provide a
customizable online trading platform for the different types of the two White
Label solutions.
Full White Label
We provide 'full White Label partnership' to match the needs
of the regulated companies and organizations that have a legal authorization to
hold clients' funds. Our online trading platform is the most qualified online
trading software in addition to an experience based infrastructure, but the
full White Label partner is responsible for all administrative work and of all
contact with their clients, i.e. opening of accounts.
Limited White Label
Limited White Label partners are also offered to access our
customized online trading platform but their customers have to open a direct
forex trading account with ForexGen Investments. Consequently, limited White
Label partners could be not regulated by a financial authority as they will not
hold customers' funds. This service permits the customer to manage his trading
actions freely without vast administrative paperwork.
WHAT are the advantages of being a WHITE LABEL PARTNER with
ForexGen?
A Qualified and familiar online trading platform branded
under each company name!
- Streamline dealing with no
request for quote for up to 200 lots (20 million).
- Our online trading platform
offers trading of 25 currency pairs also Gold and Silver with the 'one
clicks trading' mechanism.
- Constantly updated real time
prices.
- Real time charts with the most
common indicators.
- Daily account statement.
- Recent technical analysis by
Capital Management is provided each day to the mailbox in the ForexGen
online Trading Platform.
- Streaming news quotes provided
by AFX News.
- An attractive income sharing
plan
Trading White Label enables our partners to charge their
clients' commission for each traded lot.
They also have the ability to raise the spread for all or
certain customers.
ForexGen offers a minor predetermined percentage for every
closed lot traded by their customer in case that White Label partner does not
raise the spread or charge their customers a commission.
Commission is paid out every month.
Individualized service
ForexGen white label trading offers our partner's
individualized service created according to the individual needs and specified
business situation for each IB.
White labeling enables you to access one of the two highly
advanced ForexGen online Trading platforms according to the customer
designation. This reduces your responsibility to provide a platform support and
accounting personnel that is regularly required.
White Label trading service enables your customers to
benefit from ForexGen advantages which revolutionize the retail foreign
exchange industry.
- A qualified online trading
platform that offers sophisticated forex charts, a large scale of
indicators and trading mechanism , hedging feature, trailing stops that
adjust pip by pip, real time streaming quotes and more!
- ForexGen trading services are
provided without Dealing Desk which prevents the effect of any one on the
prices and pip spreads
- Low spreads - 2 pip EUR/USD, 2
pips USD/JPY and 3 pips GBP/USD, USD/CHF, and EUR/JPY.
- ForexGen leverage could be
200:1 on standard accounts.
The margin requirements on all accounts are:
|
Account Equity (US Dollars) |
Initial Margin |
Maintenance Margin end of each weekday |
Maintenance Margin on Friday at 23:00 CET & before
holidays |
|
Less than 25,000 |
0.5% |
No minimum required. Accounts are only stopped out at the
stop out level. |
0.5% |
|
25,000 to 1,000,000 |
1% |
No minimum required. Accounts are only stopped out at the
stop out level. |
1% |
|
1,000,000 to 5,000,000 |
2% |
2% |
2% |
|
5,000,000 to 10,000,000 |
3% |
3% |
3% |
|
Above 10,000,000 |
5% |
5% |
5% |
Getting Started page
- Send us E-mail for the
application and information packet. whitelabel@ForexGen.com
- Set up costs. The set up costs
for the white label program is $10,000 USD. This is charged for the
approval of the application and before the project scheduling.
- Trading platform customization.
The White label customization process is by creating a welcome page for
your customers including the company name and logo.
- Grace period. You are allowed
to create your required trading volume (500 standard lots per month) or
funds under equity ($300,000 USD) in course of three months in order to
avoid the maintenance fee of $500 USD each month, which will be paid after
the end of the third month
Favorable trading conditions
- 2 pips spread on six currency
pairs.
- Leverage of 200:1 leverage for
accounts of up to $1 million US.
- 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.
- The minimum account size is
$2,000 US which allows trading of mini-lots.











