IBKR Advantage
IBKR Clients Earn Up to USD 4.58% on Instantly Available Cash Balances
As an Forex InLinea client, you are likely aware that client accounts receive credit interest on positive settled cash balances.1 After recent increases in interest rates by the US Federal Reserve, Forex InLinea now pays up to USD 4.58% on positive settled cash balances.2
Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more are paid interest at the full rate for which they are eligible. Accounts with NAV of less than USD 100,000 (or equivalent) receive interest at rates proportional to the size of the account.
For example, an account with a NAV of USD 50,000 earns credit interest at a rate equal to one-half the rate paid byGFP to accounts with a NAV of USD 100,000 or more.
Interest accrues and is payable daily.GFP posts the interest payments monthly on the third business day of the following month.GFP uses a blended rate based on the tiers outlined on our website. The tiers on which interest rates are based are subject to change without prior notification.
For balances held in CHF, DKK, EUR or SEK,GFP may apply an effective negative rate to long balances held. The negative rate applied to accounts holding these currencies is the same regardless of account size. For other currencies in which the benchmark rate plus the interest rate paid is less than zero, the interest paid is 0%.
[1] Rate shown applies toGFP Pro clients only. Positive cash balances held in the securities segment of accounts with NAV>100k earn the stated interest rate (May 5, 2023) and those with NAV<100k earn a proportional rate. Cash held in the commodities segment of an account does not earn interest. For more information, visit our website.
[2] Rate as of May 5, 2023. Restrictions apply. For additional information on interest rates click here.