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Introducing Our New Interest Payment Scheme
FOREX is now offering an Interest Payment Scheme, an opportunity to earn interest on your tradable account funds.
Here's how it works:
Eligibility:
Clients with an average of £20,000 or more in tradable funds throughout the month and maintain an active trading status* are eligible for this scheme.
Interest Rate:
We will apply an initial interest rate of 2.5% to the average tradable funds in your account(s) each calendar month.
Payment:
The accrued interest will be credited to your account based on the previous month's funds the following month.
*An active client is defined as someone who regularly trades and holds open positions on their accounts.
Please contact us to find out more information or to register your interest.
Open a Corporate account and manage your trading across all your devices.
FAQs
How do I fund my account?
You can fund your trading account by logging into the MyAccount page and visiting the Funding > Deposit tab.
You can make a deposit via credit/debit card or wire transfer.
FOREX.com does not and cannot accept deposits from third parties.
Please note that you may experience longer processing times if the name on the originating account does not match your FOREX.com account.
Credit/debit card
Once your card has been verified in your account, you can make deposits between £100 and £99,999 per transaction and are typically available in your account immediately.
The accepted currencies for credit/debit deposits are GBP, USD, EUR, CAD, JPY, CHF, and AUD. All credit/debit card transactions are automatically converted to the base currency of your account by the card-issuing bank, who may charge a fee
FOREX.com does not charge fees for incoming card deposits. If you deposit funds from abroad, you may be charged a cross-border fee or currency conversion fee by your issuing bank.
Wire transfers
Wire transfers typically take 1-2 business days to process and there are no minimum or maximum limits applied. You can make deposits in the following currencies: GBP, USD, EUR, CAD, JPY, CHF, and AUD.
FOREX.com does not charge incoming wire fees. However, your bank may charge a service fee. Wire transfers that involve a bank outside the UK, may require an intermediary UK bank. Intermediary banks may charge a transaction fee.
Please provide wire receipt via email to [email protected] to assist our Financial Operations department with locating the funds.
Can I receive interest on my tradeable funds?
Upon request, we may pay interest on Tradeable funds which average £20,000 or more over a calendar month.
How can I find out if I am eligible to receive interest?
Interest will only be paid to clients with £20,000 or more in their tradeable funds throughout the calendar month, Clients must also have an active status which means they trade and manage their accounts regularly. Contact your relationship manager or Client Management for more details.
How much money do I need to open an account?
The minimum initial deposit required is at least £100. However, we recommend you deposit at least £2,500 to allow you more flexibility and better risk management when trading your account.