No, it is not required to have funds in your account at the time of booking an FX rate with Statrys. We offer our customers the flexibility to secure an FX rate without having the funds immediately available.
However, to mitigate FX risk, we do request a deposit of 2% of the nominal amount when booking the rate. Once the trade is settled, the 2% deposit will be immediately refunded to your account. To book the rate, simply navigate to our FX Pro tab on Statrys platform.