The Interest Promotion lets you earn interest on your account balance simply by trading. The more you trade, the more interest you earn—up to $3,000 per month!
Promotion Period
- Start Date: 00:00:00 on Monday, February 10th
- End Date: 23:59:59 on Friday, February 28th
Who Can Participate?
- Available for Advantage Stock, Advantage, and Advantage Plus accounts
- Open to individual traders, Introducing Brokers (IBs), and Affiliates
- You can register via MyFXTM under the Promotions section
How to Participate
1. Log in to MyFXTM
2. Go to Promotions & Contests → Promotions
3. Click to Join the Interest Promotion
How It Works
You will receive the interest rate based on their Weekly Notional Trading Volume and Total Cash Balance.
Weekly Notional Trading Volume (USD) | Annual Interest Rate | Weekly Interest Rate |
---|---|---|
$500,000 – $2,500,000 | 1% | 0.019% |
$2,500,000 – $5,000,000 | 2% | 0.038% |
$5,000,000 – $10,000,000 | 3% | 0.057% |
Above $10,000,000 | 4% | 0.075% |
How to Calculate the Interest
Weekly interest amount = Weekly total cash balance × Weekly interest rate
Example:
Week 1 (Feb 10 – Feb 16)
- Daily Cash Balance: $10,000, $20,000, $20,000
- Weekly Notional Volume: $3,000,000
- Weekly Total Cash Balance: (10,000+20,000+...+20,000)/7=$18,571.4
- Weekly Interest Calculation: 18,571.4×0.038%=$7.057
Week 2 (Feb 17 – Feb 23)
- Daily Cash Balance: $30,000, $20,000, $30,000
- Weekly Notional Volume: $7,000,000
- Weekly Total Cash Balance: (30,000+20,000+...+30,000)/7=$22,857.1
- Weekly Interest Calculation: 22,857.1×0.057%=$13.029
Week 3 (Feb 24 – Mar 2)
- Daily Cash Balance: $10,000, $30,000, $10,000
- Weekly Notional Volume: $15,000,000
- Weekly Total Cash Balance: (10,000+30,000+...+10,000)/7=$24,285.7
- Weekly Interest Calculation: 24,285.7×0.075%=$18.2142
Summing up all weekly interest amounts: 7.057+13.029+18.214=$38.3
The total monthly interest earned for the promotional period in February is $38.3.
Note:
- The maximum monthly interest payout is $3,000.
- Interest is calculated weekly but will be credited to your FXTM USD wallet within the first 5 business days of the following month.