Put your idle funds to work and earn competitive interest rates on your cash reserves.
* Terms & Conditions apply.
Increase your funds even when you’re not trading with our new Interest Savings Accounts.
Savings account earning interest on deposits or uninvested balance with no lock-up period of funds.
Savings account earning higher interest with short term investment of funds.
Open an Interest Savings Accounts in the Client Portal
Deposit funds by bank wire or internal transfer from a trading account
Start earning interest on your deposits and uninvested cash
Uninvested cash balance is any money that you are not using for trading. You can transfer this money to an Interest Savings Accounts and start earning interest.
Simply open an Interest Savings Accounts and hold a balance. Interest is calculated daily on your cash balance and paid monthly.
Open an Interest Savings Accounts and deposit funds to start earning daily interest on the cash in that account.
In your Client Portal, go to Accounts > New Account. Select InterestPlus Savings Account or InterestMax Savings Account. Choose the account details and confirm submission.
See the account comparison table below.
| Name | InterestPlus Savings Account | InterestMax Savings Account |
Product Description | Savings account earning interest on deposits or uninvested balance with no lock-up period of funds | Savings account earning higher interest on deposits or uninvested balance with short term investment of funds |
| Purpose | Earn passive income as interest on your deposits or uninvested balance | Provide an investment alternative to clients seeking even higher interest rate returns |
| Interest Rates | Up to 3.05% EUR | Up to 4.92% EUR |
| Investment horizon | No lock-up period. | Select a fixed term period of deposit (3 months, 6 months or 12 months) depending on the desired interest return. |
| Withdrawal | No restrictions and no lock up period with the option to withdraw your crypto deposits in either crypto or fiat currency anytime. | Early Withdrawals i.e. before completing the term period are available, without penalties, in fiat or crypto currency, but any interest accrued is foregone. |
| Minimum deposit | EUR 200 or equivalent | EUR 1000 or equivalent |
| Type of Interest Rates | Fixed | Fixed per term period, subject to change |
| Interest Payments | Monthly Interest payments to your VaultPlus Account, withdrawable anytime. | Monthly Interest payments to your VaultMax Account, withdrawable at the end of term. |
The two Interest Savings Accounts types, InterestPlus Savings and InterestMax Investment, are eligible for interest.
The rates are fixed but may change from time to time.
Deposit at least 200 EUR or equivalent in the InterestPlus Savings Account and at least 1,000 EUR or equivalent in the InterestMax Savings Account.
Although the interest rate is annual, it’s calculated daily and paid monthly. Each day, the balance entitled to interest is calculated. This amount is multiplied by the daily interest rate. At the end of each month, the cumulative amount of interest is totaled and paid automatically no later than the 5th business day of the following month.
Calculation: Balance x interest rate / 360
Example:
USD APY = 4.95%
USD balance = $10,000
Daily accruals = $10,000 x 4.95% / 360 = $1.375
Interest is accrued daily at 22.00 GMT.
Yes. You begin earning interest the day after depositing money in an Interest Savings Accounts.
Interest payments are made monthly to your Vault account, five working days from the end of the calendar month.
Yes. Interest accrual transactions are accumulated every day. You will receive interest in your Vault account every month.
Absolutely none. Enjoy fee-free maintenance of your Interest Savings Accounts.
This depends on your tax residency. You are responsible for any applicable taxes related to the interest earned. We encourage you to seek professional tax advice for any tax implications that may arise locally from your earned interest income.
* Terms & Conditions apply.
