Interested in cutting your FX costs?
A business account designed to support your FX needs
Expand your business globally by trading up to 18 currencies with your Statrys account.
Get expert support when you need it
Our dedicated trade desk is here to assist with your FX needs. Available Monday to Friday, 9am-6pm Hong Kong time
Bring evidence of a cheaper FX fee.
You’ll get 10% off with Statrys
Choose wisely
Statrys vs. Competitors
We offer unparalleled transparency on Statrys and the competition.
What Our Clients Say
The whole vetting process is clear...
The whole vetting process is clear, rapid and efficient, and we could open and start using our new account within a week. The customer service is also impressive, with people able to come back to you in minutes by WhatsApp and/or email. This is just the beginning with Statrys, but this is looking promising.
Stephane
VN
Wonderful customer service.
From First day we made contact, it is been a great experience working with Statrys Staff, for both sectors business accounts and secretary management. They have been very transparent about the cost and the service to be provided . I'm very please with level of customer service provided not only they are professional they are with us step by step in the process of the service requested. Thanks to the whole team that Im dealing with.
Lotfi Berrada
PT
The best payment provider I used so…
The best payment provider I used so far. Quick professional onboarding, clear interface and user flows, everything is on place, good reports. Nothing to complain about. Strictly recommend to use for the international business!
Arif Dewi
UAE
Fantastic service
Very organized. Easy to fill out forms. The HK company and business account opened very quickly. Highly recommended!
Paladin VPN
SP
Statrys is here to help
Statrys support always gives prompt and helpful replies. Not only does Statrys offer business solutions but, more importantly, as a client I feel valued.
Gloria Wong
HK
Amazing Support team
Pear and the entire Statrys support team are incredible. Statrys support is always very fast and effective. I definitely recommend Statrys.
F. Augusto Rodrigues
BR
Always got quick answers and help
Always got quick answers and help. The platform is very easy to operate
Huanxiao Liang
CN
Great Experience
Thank you very much to the whole Statrys Team ! Amazing support, quick, efficient and helpful. I'm really glad to have chosen Statrys. Thank you very much !
Gael Le Masson
FR
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Frequently Asked Questions
What are the business hours to trade FX?
FX trade can be booked online from 24/5 Hong Kong time, Monday to Friday.
FX market is closed on weekends and public holiday.What is the FX fee charged by Statrys?
All FX trades are based on real-time mid-market rate. We offer competitive pricing with FX fee determined in accordance with transaction volume. Start a discussion with our trading desk to get a quotation +852 5449 1545
What is the deposit amount for a FX forward contract?
Deposit for FX forward contract is 2%. Deposit is entirely refunded after settlement of the contract
Do you deal with flexible forward?
Yes, we do. You can enter an FX forward transaction with Statrys and proceed with early-draw, which means that you can get your fund before the initial settlement date, or you can extend your settlement date if necessary. We offer these options to our customers as we know it will help them to manage their money flow and relationships with both suppliers and customers.
How many currencies can I deal in?
You can deal in 18 currencies: EUR, USD, GBP, CAD, CHF, SGD, HKD, CNH, AUD, JPY, NZD, THB, VND, PHP, KRW, TRY, INR, IDRDo I need to hold funds with Statrys before booking an FX rate ?
Do I need to hold funds with Statrys before booking an FX rate?
We give the ability for our customers to book an FX rate.
To do so, you will need to have your Statrys account funded prior to booking a rate. Then, once your Statrys Multi-Currency Account is funded, Statrys will book the rate for you and settle your trade.If I'm unable to login to my account, can Statrys book the rate on my behalf?
If you cannot log in to your Statrys account, you can leave your FX order to our FX dealer.
You can contact him via email Jonathan.cusimano@statrys.com or WhatsApp+852 5449 1545.
As a company, we want to deal with any possible FX orders when the market reaches a level we expect. Can Statrys do that?
Yes, you can leave your FX order (limit order) to Statrys and when the market reaches your limit, your order will be automatically executed.
Why is there a difference between the Spot rate and the Forward rate?
The Spot rate refers to the immediate exchange rate while the Forward rate refers to the future exchange rate agreed upon in Forward contracts.
The difference is due to what we call 'the interest rate differential', a difference in the interest rate between two currencies in a pair. If one currency has an interest rate of 3% and the other has an interest rate of 1%, it has a 2% interest rate differential.
Now let's take an example based on the most commonly traded currency pair in the world: EUR - USD.
Let's assume the interest rate for EUR is -0.4%, and the USD interest rate is 0.5%. If the EUR / USD spot value is 1.18, then the forward rate will be 1.1906.
1.1906 = 1.18 * (1+ 0.5%) / (1 - 0.4%)
What is an FX mandate?
FX mandates are specific contracts between Statrys and the customer who wants to outsource their FX currency management to Statrys based on their specifics demand and goal. The specifics are defined both by customers and Statrys until reaching an agreement.
The specificities are based on:
• Frequency of customer cash flow
• Currencies to be hedged
• Frequency of hedging
• Limit exposure accepted
