XTB Logo

Cash interest rate at XTB

Your expert
Adam N.
Fact checked by
Updated
5d ago
Personally tested Personally tested
Data-driven Data-driven
Independent Independent

Does XTB pay interest on uninvested cash as of April 2024?

If you have uninvested cash lying around on your brokerage account, you should make it work for you in a low-risk way instead of letting it lose value. Many brokers now offer meaningful interest on your idle cash.

Good news! XTB pays interest on uninvested cash in several currencies. Its overall interest rate conditions are above average compared to other brokers.

Earn money on uninvested cash (AI-generated image)
My key points regarding cash interest at XTB
Adam
Adam Nasli
Financial Wizard | Trading • Safety • Market Analysis

I have personal experience with dozens of global brokers and have taken a closer look at which pay interest on cash, and under what conditions. Here are my key insights regarding earning interest on cash at XTB:

  • XTB offers interest on uninvested funds, e.g. up to 5.0% on USD.
  • The interest rate offering is overall above average compared to other brokers.
  • Be aware that special conditions may apply, such as a minimum required balance.
  • Check the best brokers for cash interest to find brokers that offer the most attractive rates.
BrokerChooser score
4.8 4.8 /5
Visit broker
76-85% of retail CFD accounts lose money

Earn up to 5.0% on USD at XTB

Earning interest on uninvested cash in a brokerage account is a useful, low-risk way to preserve the value of your money. However, there can be significant differences among brokers when it comes to interest: some don't pay anything, while some brokers pay higher rates than banks.

XTB pays interest on uninvested cash in several currencies: you can earn up to 5.0% on USD, for example.

What are the benefits of getting interest on uninvested cash?

  • Earn additional money without active investing, preserving its value against inflation.
  • Keep cash easily accessible while generating returns.
  • By leaving idle cash on the account, you can save on potential withdrawal or conversion fees.
  • Offers a low-risk, hassle-free option compared to market investments.
  • Affords flexibility, providing time to plan investments without losing potential earnings.

While earning interest on your uninvested cash is great, there are a few things to keep in mind:

  • The advertised interest rate is annual, so you'll need to divide this by the number of months or days to understand your actual earnings. Interest is typically accumulated daily but paid monthly.
  • You may need to pay tax on the interest you earn. The tax typically depends on your country of residency, and is not deducted by the broker. It is your responsibility to report and pay the taxes.
  • In most cases, there's little reason to worry about safety when keeping cash in your broker account. In the US, for example, cash holdings are insured up to $250,000.
  • Be on the lookout for any special conditions the broker may set in order to pay interest, such as a minimum balance requirement.
  • If you maintain a broker account solely for the purpose of earning interest on your cash, choose a broker that doesn't charge an inactivity fee or regular account fee.
Cash yield at XTB

Interest rates at XTB are above average

In order to have a verdict on how XTB stacks up against other brokers on the market with regard to interest rates on uninvested cash, we looked at several factors:

  • How many currencies it pays interest on: just one or several? Brokers that pay interest on only one currency score lower than others.
  • What the interest rates are: naturally, the higher the better.
  • Are there any conditions? We took two cases: the maximum interest you can earn, and the interest you can earn on $10,000. Brokers that offer interest already on low amounts, without any conditions, got a better rating.

Based on these factors, we found that XTB's overall offering for interest on uninvested cash is above average.

You can find the detailed data in the table below, for three major currencies (USD, EUR, GBP), as well as whether there is an inactivity fee.

XTB cash yield compared with main competitors
XTB
USD maximum cash yield
5.0% 5.3% 0.0%
USD cash yield in a $10k scenario
2.5% 2.0% 0.0%
EUR maximum cash yield
3.8% 0.0% 0.0%
EUR cash yield in a €10k scenario
2.0% 0.0% 0.0%
GBP maximum cash yield
4.9% 0.0% 0.0%
GBP cash yield in a £10k scenario
2.5% 0.0% 0.0%
Inactivity fee
Yes
Yes
Yes

Data updated on April 11, 2024

You can also check out cash interest rates and conditions at other brokers:

'Conditions may apply': check the fine print for receiving interest

The interest you can earn on uninvested cash in your brokerage account may vary depending on different factors, so you should always check the exact conditions that apply.

The most frequent factors that usually influence the rate you will get are account type, minimum balance requirements, and account size, for example.

Below you can find all the information we have on cash interest at XTB, straight from our XTB review:

Interest on uninvested funds

XTB UK clients can earn interest on their cash balances, with no minimum requirement or maximum limit.

Interest is paid on GBP, EUR, and USD, with the interest dependent upon the client's amount of assets under management (AUM). There are two tiers, with higher interest for those with AUM exceeding £30,000.

Interest on uninvested funds at XTB (as of December 13, 2023)
  AUM <£30,000 AUM £30,000+
USD 2.5% 5.0%
EUR 2.0% 3.8%
GBP 2.5% 4.9%

Find the best brokers for earning interest on your uninvested cash

Does your broker not offer any interest on idle cash? Or do you want to check whether its interest rates are competitive with the rest of the market?

Check our toplist of the best brokers for cash interest to find brokers with the most attractive rates.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Further reading

Author of this article

Adam Nasli

Financial Wizard | Trading • Safety • Market Analysis

I bring extensive financial expertise as one of BrokerChooser's earliest team members. Personally, I tested nearly all 100+ brokers on our site, opening real-money accounts, executing trades, assessing customer services, and providing firsthand assessment. My professional background includes roles in the banking sector and a degree from Central European University, where I teach finance. My passions lies in in-depth research of the financial industry, building trading algorithms, and managing long-term investments.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

Visit XTB 76-85% of retail CFD accounts lose money

Follow us

Regional settings

×
I'd like to trade with...