Earn interest on your idle cash - invest or withdraw anytime

Earn interest on your unused cash, when you hold funds with Saxo.

How much interest could I earn?

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Annual interest on

Account tier Annual interestInterest rate

Rates as of x.xx.xxxx The prices above are indicative and will vary according to the country of residency. A full overview of exact pricing is available through the platform trade tickets.

  • Market rates, updated daily

    The interest rates paid updated daily based on market conditions which means adjustments to central bank policy are reflected in your account.
  • Interest on different currencies

    Funds held in AUD or other currencies – interest on uninvested funds will be calculated based on market conditions for each currency. 
  • Deposit more. Earn more.

    While you wait to invest funds, you earn interest, the more funds held, the more you earn.
  • You have full control

    The funds you send to Saxo will always be for investment, but you say when that investment should be made. In the meantime, uninvested funds in your account could be earning interest.

How it works

Your funds will remain available for you to invest, when you're ready, all the while earning interest on a daily basis.

You can use the interactive interest calculator to estimate the total interest received on your uninvested cash depending on deposit amount and currency.

You earn interest on the uninvested cash on your account in each currency.

If your total balance does not exceed USD 10,000 (or equivalent), no interest will be paid.

If your total balance is above USD 10,000 (or equivalent), you will receive a variable interest rate, scaled proportionally with the deposit amount. The more you deposit, the higher the interest rate applied to your total balance.

For balance amounts above USD 100,000 (or equivalent), you will receive the highest interest rate on the additional balance with no upper limit or lock-in period on the deposit.

Refer to the calculator at the top of the page to estimate the effective interest rate on your balance depending on total balance and currency.

Please note that when you trade margin products, your interest is calculated based on your Net Free Equity (NFE) and Account Value which you can read more about in our FAQ.

Read more about net free equity here.
You can find an overview of the daily interest you have earned on the Account Page in the platform. Navigate to Historical Reports > Account Interest Details. Here you can see applied interest rates and amounts credited to your account for different periods.
If you have a negative cash balance, you will be charged negative interest based on the market rate, plus a mark-up. To read more about how the rate for a negative cash balance is calculated, click here.

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