What’s the difference between the spot rate and forward rate? - Statrys FAQ | Statrys

FX and Currency Exchange

How can I download my FX Trading History?

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Can I convert currencies within my Statrys account?

Do I need to hold funds with Statrys before booking an FX rate?

What is an FX Mandate?

Can Statrys deal with flexible forward contracts?

Can I leave my FX limit order to Statrys?

What is the deposit amount for an FX forward contract?

How will I be notified once an FX order has been executed?

What is the currency conversion rate applied by Statrys?

What’s the difference between the spot rate and forward rate?

What’s the difference between the spot rate and 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.

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