Why is XTB introducing this offer?
We are committed to expanding our client offerings in alignment with our “one app - many possibilities” approach. In response to the current environment of rising interest rates, we are now providing interest rates on uninvested funds.This decision is driven by our recognition that our clients are seeking additional opportunities to make the most of their funds while waiting for investment opportunities to arise. By passing on these interest rates to uninvested client funds, we are dedicated to delivering favourable client outcomes, as part of our commitment to the FCA Consumer Duty.
How does it work?
XTB UK is offering a tiered interest rate structure that varies depending on the amount of assets under management. Clients with assets exceeding £30,000 will benefit from an interest rate of 4.9% per annum for GBP deposits, 3.8% for EUR deposits, and 5% per annum for USD deposits. Meanwhile, clients with assets under management totaling less than £30,000 will receive a current interest rate of 2.5% per annum for GBP deposits, 2% for EUR deposits, and 2.5% per annum for USD deposits. Please note that these interest rates are subject to change and will be valid until further notice.
How is the interest rate determined? What factors are taken into account when calculating the interest rate?
The interest rate is variable and can be adjusted weekly based on the current BoE, ECB and Fed interest rate levels and the offer from our banking partners.
How often will the interest rate change?
The interest rate is variable and can be adjusted weekly. You can always find the most up-to-date rate on our website. For the most current information please click here.
Is this offering limited in time?
This is a permanent addition to our offer, aligning with our commitment to provide our clients with a one-stop investment experience, regardless of their investment horizon and risk appetite. During periods of limited investment activity, we ensure their free funds are put into work.
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.