Should You Trade On A Site That Offers A 1 Pips Spread?

Some of the best online forex sites offer especially low spreads, like a 1 pip spread, mainly for the major currency pairs.

However, you should be very careful when you get an offer for a 1 pips spread from an online forex broker, and even more so with the lower spreads quoted sometimes on internet sites like a 1/2 pip spread, a 1/3 pip spread or even a 1/10 pips spread. Since online forex sites do not charge a commission from currency traders, this is the main place for them to generate revenues that cover the costs of their operation and make them a profit.

[ForexGen Money Manager]

An individual who is responsible for the entire financial portfolio of another individual or another entity. A money manager receives payment in exchange for choosing and monitoring appropriate investments for the client.

Benefits of being a Money Manager with [ForexGen]:

* Providing three different commission sources.
* Weekly commission plan.
* Easy & fast commission withdrawals.
* Fixed percentage of the profits.
* P = k * D “P=Profit, k=Variable Parameter, D=Deposits”

The money manager gets a fixed percentage of the profit previously agreed upon with the client for managing the client funds as a bonus feature.

The most competitive trading conditions:

* 2 pips spread on six currency pairs.
* 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.
* Leverages up to 1:200 for accounts up to $1 million US.
* Liquidity and 24/5 availability are the characteristic factors of the Forex market compared with other financial markets.