| Broker | Interest Rate (GBP) | |
|---|---|---|
| Interactive Brokers | 4.694% | * |
| interactive investor | 3.750% | 1 |
| Saxo | 3.412% | 2 |
| AJBell | 3.150% | 3 |
| Hargreaves Lansdown | 2.900% | 4 |
| Freetrade | 1.000% | 5 |
| Swissquote | 0% | |
| Degiro | n/a | |
| IG | n/a |
Rates as of March 20, 2024.
Source: home.saxo, ii.co.uk, ajbell.co.uk, investcentre.co.uk, hl.co.uk, freetrade.io, en.swissquote.co.uk, degiro.co.uk, ig.com/uk
*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. There will be no interest paid on the first GBP 8,000 of cash. Rates are subject to change.
[1] Rate on cash between £100,000.01 and £1,000,000 in a Trading Account. [2] For cash balances as much as £2,000,000 in a Classic Account.
[3] Rate on cash balance above £50,000. [4] Rate on cash above £100,000 in a Fund and Share Account.
[5] AER on up to £1,000. Basic account.
| Broker | Interest Rate (USD) | |
|---|---|---|
| Interactive Brokers | 4.830% | * |
| interactive investor | 3.750% | 1 |
| Saxo | 3.537% | 2 |
| Swissquote | 0% | |
| AJBell | n/a | |
| Degiro | n/a | |
| Freetrade | n/a | 3 |
| Hargreaves Lansdown | n/a | |
| IG | n/a |
Rates as of March 20, 2024.
Source: ii.co.uk, home.saxo, en.swissquote.co.uk, ajbell.co.uk, investcentre.co.uk, degiro.co.uk, freetrade.io, hl.co.uk, ig.com/uk
*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. There will be no interest paid on the first USD 10,000 of cash. Rates are subject to change.
[1] Rate on cash between £100,000.01 and £1,000,000 in a Trading Account. [2] For cash balances as much as £2,000,000 in a Classic Account.
[3] Basic investment account.
Competitor rates and offers subject to change without notice. Services vary by firm.
Clients may earn interest on long-settled cash balances. Please note that interest is earned on long-settled cash balances held in the securities segment of an account but not on cash held in the commodities segment.
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".
Your capital is at risk and your losses may exceed the value of your original investment.
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.
Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.
Before trading, customers must read the relevant risk disclosure statements on our Warnings and Disclaimers page.
For a list of IBG memberships worldwide, see our exchange listings.