Common Problem
【XTB】How does it work?
XTB pays interest on uninvested funds held on the account. Interest rate is calculated daily and paid out monthly within five days of the following month. No action is required, as the interest rate is activated automatically for all clients with uninvested cash balance. There is no minimum or maximum amount of free funds required.
【XTB】When interest are accrued?
Interests are accrued on daily basis at 23.00 GMT.
【XTB】Are rates fixed or variable?
The rates are variable and can be changed once a week.
【XTB】How often do interest get credited to my account?
Interests are paid to your account in 5 working days from the end of the calendar month.
【XTB】What do I need to do to earn interest on my free funds?
No action is required, as the interest rate is activated automatically for all XTB UK clients with uninvested cash balances. There is no minimum or maximum amount of free funds required.
【XTB】Are there any minimum or maximum balance requirements to earn interest?
No, there is no minimum or maximum amount of free funds required.
【XTB】Do I have to pay taxes on the earned interest?
Please note, it is your responsibility to report and remit any applicable taxes associated with the interest income you receive. The UK tax system provides a personal allowance, which exempts a certain level of income from taxation. However, any interest earned that exceeds this threshold may be subject to income tax.
【XTB】What is the difference between the offer for current and new clients?
The offer is applicable to all clients, new and existing.