Earn up to 2.64%* interest on your account

Earn interest on your uninvested cash with no lock-in period or upper limit on your account value. Your funds will remain available to withdraw or invest, while earning interest on a daily basis.

You can use the calculator to estimate the interest you can earn on the cash in your account, depending on the deposit amount and currency.

* Assuming a GBP-denominated account depending on the amount of cash deposited and applying relevant spreads and markdowns to the Sterling Overnight Interbank Average Rate (SONIA) benchmark rate

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How much interest could I earn?

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Annual interest on

Account Tier	Annual Interest	Interest Rate

Rates as of x.xx.xxxx [The interest calculator is provided for illustrative purposes only and the information obtained by using the calculator is not, and should not be taken as financial advice to any individual or corporation. Results may vary depending on the accuracy of the information you provide and prevailing interest rates and/or assumptions.]

The interest rates above will go into effect as of 1 April 2023. To see current interest rates click here.

Market rates, updated daily
As rates are updated daily based on *SONIA, you don’t have to wait for adjustments when market rates change
Interest on different currencies
Earn interest that follows the market rate regardless whether your account is in GBP,USD and/or other currencies.
Get higher rates with larger deposits
With no cap on the amount you can earn, you'll earn more interest the more you deposit - there are no upper limits.
No lock-in period
Stay flexible – uninvested cash in your account can be used invest or withdraw with no lock-in periods.

How it works

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

You will not earn any interest on your account if your balance is below GBP 10,000.
You will earn interest on your account balance above GBP 10,000 (or equivalent) at a rate which varies with your balance, so the more you deposit, the higher rate you’ll earn.
You will earn the best rate on your account balance above GBP 100k (or equivalent) with no cap on how much you can deposit

You can refer to the calculator at the top of the page to estimate the effective interest rate depending on your balance(s) and currency(ies)

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 here.

Read more about net free equity here.

You can find an overview of the interest you have earned in the platform, including applied interest rates.

Navigate to My Profile > Account Interest Download Report and select Account Interest Details

If you have a negative account balance, you will be charged negative interest based on the market rate, plus a mark-up. If you trade margin products, such interest is calculated based on your Negative Net Free Equity / Account Value. To read more about how rates for a negative account balance is calculated, click here.

The Sterling Overnight Index Average, abbreviated SONIA is the effective overnight interest rate paid by banks to borrow sterling overnight from other financial institutions. It is administered by the Bank of England.

Tier	Classic	Platinum	VIP
GBP
Level A	10,000	10,000	10,000
Level B	100,000	100,000	100,000
Markdown	1.50%	1.00%	0.50%

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