Tuesday, April 22, 2008

Forex Trading Terms

ForexGen has some of the most competitive Forex trading terms on the market today! Learn more about each of our trading terms below.

Minimum Initial Deposit – Open a live account with CMS with a low minimum initial deposit of $200.

Universal Accounts – Unlike many Forex brokers, CMS Forex allows you to trade both mini (10,000) and standard (100,000) lots under a single account.

Multi-Currency Accounts – Open an account in one of eight base currencies, allowing you to avoid exposure to exchange risk when depositing and withdrawing funds.

No Commission† – CMS charges no commission on your trades; we are compensated by the Bid/Ask spread.

Spread – CMS offers competitive fixed spreads on 19 currency pairs, even under volatile market conditions.

Order Processing – We pride ourselves on fast, fair, and reliable order execution. We fill your orders at the best available market prices in seconds.

Order Types – CMS Forex offers an array of effective order types that help you enter the market efficiently, manage your positions, and minimize losses.

Rollover Interest Policy – CMS Forex pays and charges clients rollover interest at competitive rollover rates for all open mini and standard positions.

Interest on Unused Margin‡ – CMS Forex offers our clients the benefit of earning interest on unused margin for accounts greater than $10,000 USD.

Leverage & Margin – CMS gives clients the opportunity to trade at a maximum leverage option of 400:1. Leverage may increase potential gains or losses on a given position.

Margin Calls – We have a policy in place to protect you from losing more money than you have in your account by automatically closing out positions that activate a margin call.

Hedging – Hedging a trade allows you to maintain both a long and a short position on the same currency pair at a given time, at no additional margin.

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