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Pros

User-friendly online application process with quick account setup.
Supports multi-currency accounts, allowing businesses to manage 11 different currencies.
Offers responsive customer support in multiple languages, ensuring assistance is readily available.

Cons

Monthly account maintenance fee of HKD 88 may be a drawback for some users.
Limited to businesses incorporated in Hong Kong, Singapore, or the British Virgin Islands, restricting accessibility.
Absence of specific regulatory oversight may raise concerns regarding consumer protection and risk management.

Statrys broker Accounts

Statrys Account Type

Statrys offers a variety of business accounts tailored for entrepreneurs and small to medium-sized enterprises (SMEs) operating in Hong Kong and internationally. The primary account types include:

  • Multi-Currency Business Account:
    • Hold funds in 11 major currencies including HKD, USD, EUR, GBP, and more.
    • Ideal for businesses engaged in international trade.
    • Allows for local payments in 12 currencies.
    • Mastercard® Physical and Virtual Cards:
      • Access to both physical and virtual cards for seamless transactions.
      • Supports expense tracking and management.
      • Account Management Features:
        • Role-based access for users: Viewer, Maker, and Approver.
        • Effortless accounting integration with Xero.
        • Competitive FX Rates:
          • Access to competitive exchange rates starting from 0.4% for major currencies.
          • Real-time tracking of international payments.

          Statrys Broker Account Opening Process

          Opening a broker account with Statrys is streamlined and efficient. Heres the step-by-step process:

          • Research and Choose Your Account:
            • Determine which account type best suits your business needs.
            • Complete the Application:
              • Fill out an online application form with personal and business information.
              • Submit Identification and Verification Documents:
                • Provide necessary documentation such as a government-issued ID and proof of residence.
                • This process typically takes a few days for review.
                • Fund Your Account:
                  • After verification, deposit funds using various methods such as bank transfer or credit card.
                  • Minimum deposit requirements vary depending on the account type.
                  • Start Trading:
                    • Once your account is funded, you can begin trading and managing your transactions confidently.

                    Statrys boasts a high approval rate, with 96% of clients successfully obtaining their accounts quickly and efficiently. The entire process is designed to be user-friendly and transparent.

Statrys accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Statrys Account