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XTB To Pay Up To 5% Interest On Uninvested Cash

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Written By
James Barra
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Written By
James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.
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Updated
Nov 6, 2023

XTB, a prominent and publicly traded broker, will start paying interest on uninvested cash balances. There is no minimum or maximum balance required to earn interest.

Key Takeaways

  • XTB will pay out up to 5% interest on unutilized deposits.
  • Accounts can start earning interest from 6 November 2023.
  • Interest is calculated daily and paid out monthly within 5 days of the following month.
  • The offer is available to new and existing clients.

Tiered Interest On Unused Cash Balances

The rate of interest will depend on the trader’s account balance and currency:

Note, interest rates are variable and may change each week
AUM USD GBP EUR
30K+ 5% 4.9% 3.8%
<30K 2.5% 2.5% 2%

XTB will deduct any taxes from monthly payments and send them directly to the respective authority. Clients can check the tax deducted in their monthly statement.

About XTB

XTB is a popular broker with over 780,000 clients and authorization from trusted regulators, including the FCA, CySEC and DFSA.

More than 5,800 instruments are available on the xStation platform, from stocks and indices to currencies and commodities.

XTB xStation trading platform
xStation

The web platform has been designed with beginners in mind. Alongside fast execution speeds with no requotes, it offers interactive charting, stock screeners, heatmaps and video tutorials.

There is no fee to open an XTB account and the broker accepts bank cards, wire transfers and popular e-wallets, including PayPal.

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Review
Founded in 2002 in Poland, XTB now serves more than 935,000 clients. The forex and CFD broker combines a heavily regulated trading environment with an extensive selection of 5,600+ assets and a commitment to trader satisfaction, featuring an intuitive in-house platform with superb tools to support aspiring day traders.
78% of retail accounts lose money.