Trade Current Account

Maximize your business potential with a specialized trade current account designed for importers and exporters, propelling your global ventures to new heights.

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    • Advantages of Trade Current Account

    Savings on Remittances: Forex current account with partner banks result in big savings on forex conversion, document handling, and remittance charges.
    FX Margin Protection: Myforexeye protects clients' FX margins, ensuring pricing at agreed rates and no slippages.
    Digital Ease:With an aim to simplify forex transactions, our digital platform ensures accessibility and ease and eliminates the need for your physical presence for most transactions.
    Easy Forex Current Account Transfer: Move FX remittances to another bank effortlessly with Myforexeye's assistance.
    Superior Banking Experience: Partner with new-age private sector banks for enhanced banking services.

    Endless Opportunities

    Corporate Forex

    A revolutionary online platform for global business operations. With our platform, you can get unbeatable forex deals with top-notch rates. You can also empower growth, cut expenses, and secure transactions with personalized support.

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    Trade Finance

    Trade finance services offer tailored solutions to enhance businesses engaged in internatio-nal trade. We understand the cash flow challenges of importers and exporters and provide innovative solutions to optimize working capital and streamline trade operations.

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    Forex Trading

    Embark on your forex trading journey with Myforexeye, your trusted partner. Our online trading signals and expert guidance provide a seamless and profitable trading experience. Benefit from deep market insights and risk analysis.

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    Retail Forex

    Discover the ultimate retail forex experience with Myforexeye. Enjoy seamless services such as currency exchange, money transfers, and forex cards - all in one place. Get unbeatable rates for buying forex and maximize returns when selling.

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    trade current account | Myforexeye

    Step by Step Process:

    Sign an SLA with Myforexeye.
    Complete on-boarding documentation and authorize Myforexeye to deal FX on your behalf.
    Myforexeye refers you to partner banks, complying with RBI regulations and charging a TPO fee as your agent.
    Enjoy savings on remittances, FX margin protection, transparent management, easy Forex current account transfer, and a superior banking experience.
    Schedule a Forex Strategy Discussion

    Salient Features

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    Businesses benefit from our account because it reduces the volatility of fluctuating currency rates

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    Stay in the loop with up-to-date RBI guidelines, FEMA Act, and relevant information on regulatory changes that can impact your global transactions.

    foreign exchange trading account dedicated | Myforexeye

    Dedicated one-on-one consultation with forex experts.

    Frequently Asked Questions

    When we refer clients to our partner banks with an objective to ensure forex margin for the client stays protected and the client benefits from transparent management of their forex needs. In addition, the client gets to enjoy superior banking experience that our new-age Private sector banks provide.
    There are many benefits to all parties involved:
    For Clients – where the clients do not enjoy any credit facilities, it is relatively easy to move forex remittances to another bank. The client is assured that due to the involvement of Myforexeye, forex will always be priced at agreed rates without any slippages. Myforexeye’s banking experience will also ensure that all other banking costs are kept to a minimum.
    For Myforexeye – a new client to improve efficiencies
    For Banks – a new client for banking facilities

    a. After open foreign exchange trading account user can start with using the ‘Compare Historical Rate’ feature which allows unlimited checking of historical transactions over the last 365 days. This will allow the user to evaluate forex rate slippages. Any rate slippage will be eliminated once Myforexeye dealers execute forex transactions on behalf of the client. b. Generate report of savings from Myforexeye App c. Listen to Voice Recording Machine to ascertain the savings Additionally, rationalization of banking costs also adds to the overall savings accrued to the client.

    RBI prohibits third party to generate bank deposits (i.e., liability balances). For forex remittances, third party service providers are permitted to refer clients. In any case, our referral model to partner with banks is without consideration, therefore, strictly speaking we are not a Direct Selling Agent (DSA) of our partner bank. We perform this service for our clients and our commercials are just the TPO fee, which Myforexeye charges to the client.
    Yes, they have that choice to choose other foreign exchange trading account. However, it is more prudent to shift day-to-day banking where major export collections and import payments are being made. Our partner banks are new-age private sector banks that provide superior banking experience to clients and due to our arrangement, will also provide cost-effective banking charges for any banking service the client might have a requirement for.
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    Have more questions?

    You can always contact us if you can't find your solution in our FAQ section. We will respond to you soon!

    What Clients Says

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    We have large dollar exports and managing forex risk is critical for our overall business profitability. We have collaborated with Myforexeye for forex market intelligence and insights to take prudent and informed decisions.

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    We are associated with Myforexeye since 2014, they have been consulting us on our forex exposures and also reforming our hedging strategies. They have been looking after our treasury managemnt effeciently.

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    We have large dollar exports and managing forex risk is critical for our overall business profitability. We have collaborated with Myforexeye for forex market intelligence and insights to take prudent and informed decisions.

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    We have large dollar exports and managing forex risk is critical for our overall business profitability. We have collaborated with Myforexeye for forex market intelligence and insights to take prudent and informed decisions.

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    Myforexeye significantly reduced our trade finance costs to less than half of our previous bank payments, demonstrating their effectiveness in optimizing financial strategies and expenses.

    Case Studies

    What We Have Achieved Till Now

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    Total Transactions

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    Transactions Processed

    million icon | Myforexeye

    Total Savings

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    No. of Clients Served

    We are regulated

    SEBI Registration

    Registered Investment Advisor(RIA)

    NISM-202100075147

    forex services by SEBI Registration Investment Advisor | Myforexeye

    Sub-Broker

    AP0091502703

    forex consultant with sub broker globe | Myforexeye

    CIN

    U65910DL2014PTC320897

    forex consultant with CIN | Myforexeye

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