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Looking for a recession and inflation proof investment? Do the equity markets have your portfolio doing the limbo? Do you want to be excited about investing again? Perhaps a Forex Managed Account is the right choice for you. For more information write to; fx.hoy.capital.management@gmail.com
"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.

Wednesday, June 11, 2008

Autotrading Options; Anyone have an Aspirin?

In an attempt to find a good option for those clients who don't have the minimum to open a managed account directly with us at FX Hoy, I have been looking into some "Auto Trade" Systems. These web sites allow clients to open an account with a given broker, usually FXCM, and then choose from a list of signal providers. Once they have chosen their providers they can then set parameters on their accounts as to how many lots are traded, risk percentage, etc. The idea is a great one, however finding a solid and easy to use interface is NOT.

Zulutrade ; I had high hopes for this web site. I was actually directed their by my Institutional Sales Representative from FXCM. Since I started to use the signal provider interface I have encountered problems. One of the worst issues is that at certain times my open positions would disappear. In accordance with Murphy's Law this normally happened when I wanted to close positions due to trend reversal or some upcoming news event. I have had email conversations with support and have been told this and other issues, including the erroneous calculations of pip count and max draw down displayed on providers public profiles, where common issues and where being worked on. I plan on waiting to hear back that there issues are resolved before I continue to use this platform.

Collective2 ; A very complicated web site dedicated mostly to stock and options traders. There are a few FX providers but they only account for a small percentage of the overall provider base at Collective2. I had a hard time entering orders and an even harder time figuring out how to close an open order once one was executed.

FXTraderLink ; I just finished running some tests on their platform and it looks good. I haven't encountered any of the issues I saw with Zulutrader and unlike Collective2 the interface is very easy to operate. I expect to begin sending signals via this web site as early as tomorrow. Links will be posted once I begin to actually send real trades using FXTraderLink.com.

Oanda FXManager ; Tests are still in progress, though I do like what I have seen so far. Although the setup is more like a pooled managed account rather than an automated signal service the way it is put together it allows us to take on smaller deposit sizes than a normal managed account so in that respect I consider it an alternative to our MA Program as well. Updates will be posted once the tests are complete in a couple weeks.

Posted by FX Hoy Capital Management at 5:15 PM

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