The above question is a good one, mainly because Managed Forex Accounts are NOT right for every investor.
Off-exchange foreign currency trading on margin carries a high level of risk. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose.
This statement is not meant to scare you, however it is meant to open your eyes. If you do a search online you will find thousands of web sites telling you how "easy" it is to trade currencies, and how many millions of dollars the advertisers have made following some "easy" system they spent years perfecting, and how this system can be yours for only a few measly bucks.
Point blank; The forex market is one of the most UNPREDICTABLE markets to trade in the world. There is no "holy grail" system which will make you a master trader overnight. I personally have been trading forex full time for a little over 2 years.....after 5 unprofitable years of trying to trade full time. Five years of great, fantastic, AMAZING, months only to be followed by terrible, horrendous, UNBELIEVABLE loosing months. I paid 10's of 1,000's of dollars to 'gurus' and ran through over 75k in "blown" accounts along the way. I was caught up with all the hype on how easy forex trading was and how anyone could do it. I remember opening my first demo account and tripling my monopoly money in 36 hours; then opening my first LIVE account, doubling the money in 2 days, and then loosing it all one week later.
After so many years of trial and error I finally decided to create my own strategy and follow my own trade "signals" rather than someone else's. I am continually learning and continually trying to make myself a better trader. Each day in this market can teach you a years worth of knowledge if you are humble and smart enough to pay attention.
One thing I can say is above all else MONEY MANAGEMENT is the key. A not so great strategy with superb MM can still produce profit, however a winning strategy with poor MM and you WILL loose your shirt.
Since mid 2006 I have been averaging a 15.7% Monthly NET return for my clients by sticking to very strict trade guidelines and an even stricter money management plan. Now past returns are in no way indicative of possible future returns, and as with ALL investments losses are a fact of life, however if you think you have the risk tolerance and are looking for some portfolio diversification in something that is not effected by the failing economy a forex managed account with FX Hoy Capital Management may be right for you.
Hot Off the Press
"Money makes the world go around, we just help keep it spinning"
FX What?
FX Hoy Capital Management was conceived in order to address the lack of profitable non-equity linked investments in today's financial marketplace. Over the past few years, as during other periods of slow economic growth coupled with ever increasing commodity costs, many investors have had a tough time seeing any positive gains on their portfolios. Equity linked securities, bonds, notes, mutual funds, as well as real estate backed portfolio's do not bode well in this scenario.
Investing in the Spot Currency Market, or the Forex (Foreign Exchange) Market, has many benefits, not limited to the fact that currencies are both recession and inflation proof. Regardless of the current economic outlook a Country's Currency (Major World Currencies GBP/USD/JPY/CHF/EUR) will always be a positive tangible asset.
The Forex market is the largest and most liquid market in the world. Even if you are a novice investor surely you have read about the trillions of dollars that change hands within this market on a daily basis and the fact that it is considered the “wild west” of the investment world, due to it's relative newness to retail investors and lack of a central trading or clearing house as with equity markets. This market can be very exciting to trade, however it can also be very scary. Only a small amount of traders actually make money within the forex market, let FX Hoy Capital Management help you become one of those traders.
A Managed Forex Account with FX Hoy Capital Management seeks to provide it's investors with the three most basic and sought after benefits one should look for in any investment; Transparency, Control, Profitability.
FX Who?
From a one trader in his den operation FX Hoy Capital Management has grown into a multi-national on-line firm comprised of several full time traders, a systems operations specialist, and a seasoned business administrator, all of whom are focused on our primary goal; 100% client satisfaction.
Our managed account program allows individual investors to take part in our trading success. Currency trading serves today’s investors as an excellent way to diversify one's porfolio. Our aim is to significantly outperform major indices, money market accounts, CDs, and mutual funds.
FX Hoy Capital Management is based in Mexico and has active traders in both the USA and Canada. All of FX Hoy's principals trade their own personal accounts using the same strategies applied to our Managed Account portfolios.






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