Open An Account

STEP 1: Register your account with OANDA
STEP 2: Allocate your Funds

If you are an existing OANDA customer, you do not need to open another account and you may proceed to STEP 2.

If you require assistance at any time don't hesitate to contact us.

Account Details*

Base Currency: USD
Minimum Investment: $250.00 USD
Initial Charge: 0%
Management Fee: 0%
Performance Fee: Gold Accounts (Accounts < $5,000 USD) ; 50% / Platinum Accounts (Accounts > $5,000 USD) ; 35% / Premier Accounts (Accounts > $100,000 USD) ; 25%

*As of August 1st, 2008

Registering your account with OANDA

If you have questions regarding the OANDA registration process you can contact an OANDA representative via their Live Help Chat Interface.

OANDA Registration:
The OANDA online application can be found by clicking on the following link https://fxtrade.oanda.com/your_account/fxtrade/open_account.shtml

IMPORTANT Notes

STEP 4: Primary Currency select USD; Leverage select 1:50
STEP 6: Enable FXGlobal Transfer? Select "No"

Legal Agreements: Select "Agree" to proceed.
Activate Account: You will need to go to the email you provided and follow an activation link provided by OANDA. Please make note of the username, password, and account number provided in this email for future reference.
Confirm your ID: You can fax or email scanned copies of your ID (passport or driver license) and proof of address (utility bill or bank statement) to OANDA via the fax number or email address below. Include your username and account number for their reference.

Fax: +1.212.208.4356 or Email: accountid@oanda.com

FX Hoy Capital Management Registration

Download our Limited Power of Attorney form: LPOA
Complete the form by entering in your Client ID Number (You will see this number in the accounts table alongside our fund’s name when you login to your FXManager account)  and your name. Be sure to sign and date the LPOA as well. All fields MUST be hand written or OANDA will not accept the LPOA.

Send the completed LPOA to us via email at; Support@fxhoy.com. We will hold a copy for our records and submit a copy to OANDA as per their TOS.

Complete the OANDA FXManager Client Association by clicking on our invitation link here;

Fx Hoy AM Fund ; Gold Accounts (Accounts Under $5,000 USD)

Fx Hoy AM Fund ; Platinum Accounts (Accounts Over $5,000 USD)

*Perspective Premier Account holders please contact us for your personalized invitation link.

NOTE: The Limited Power of Attorney makes it legal for FX Hoy Capital Management and/or it's Trading Agents to trade money allocated from your account. Money is not transferred to FX Hoy Capital Management, nor does FX Hoy Capital Management have any access to your funds. This is a strict agreement that only allows FX Hoy Capital Management to trade your account on your behalf.

Depositing Funds to your FXTrade Account:

You will receive a confirmation email from OANDA when your account is authorized for funding. Please wait to receive this email, then follow the instructions below to deposit your funds with OANDA.
Follow this link to deposit funds.

You will receive an email once your funds have been deposited into your FXTrade account.
Once your account is funded, you may proceed to STEP 2: Allocate your Funds.