Terms & Conditions
These terms set out the conditions under which Trade FX Pro providing you services (together, “Trade FX Pro” or “we”) may offer you the option to earn interest on your USD cash balance at a compounded annual interest rate as indicated on the Trade FX Pro website. The interest will be calculated daily on the uninvested USD cash balance held in your account, in accordance with our Terms and Conditions, and credited monthly, no later than the 5th business day of the following month.
Interest is paid on a USD balance, including balances resulting from currency conversion such as GBP to USD. If the GBP/USD exchange rate moves unfavorably, the overall return, including interest, may be lower compared to keeping GBP funds outside the platform. Current eligibility criteria and reward tiers are available on the Trade FX Pro website. Participation is only available to eligible clients as determined by Trade FX Pro, and criteria may change at any time. To provide this offering, Trade FX Pro retains a variable portion of the interest earned to cover cash-management, operational and platform costs.
To qualify, you must have an eligible Club Member account and hold the required USD balance, as per the specific tier requirements. You must also activate the feature by visiting the Club Dashboard, scrolling to “Interest on USD Balance,” and switching the status from “Disabled” to “Active.”
Interest is calculated daily based on your available USD cash balance and your Club tier and is paid monthly. You may withdraw both cash balance and interest at any time, subject to margin requirements, fees, and Terms and Conditions. The program is automatically renewed each quarter, although Trade FX Pro may adjust, suspend, or cancel it at any time, including modifying the interest rate.
This program is only available to clients who are serviced by one of the Trade FX Pro entities listed earlier and hold an active, verified, unrestricted account. If you change the servicing entity, you may forfeit any unpaid accumulated interest.
You are solely responsible for all applicable taxes related to accepting the interest. Trade FX Pro may withhold taxes when required by law. For Australian residents who have not submitted a Tax File Number, statutory withholding tax may apply.
Depending on your servicing entity and location, you may be protected under certain compensation schemes. European clients may benefit from the Deposit Guarantee Scheme under Directive 2014/49/EU and from the Investor Compensation Fund which covers up to €20,000. UK clients may be protected under the Financial Services Compensation Scheme (FSCS), which covers up to £85,000. These protections apply only to regulated products, such as securities, CFDs, TRS, and related copy trading. Cryptoasset trades and crypto copy trades are not protected.
Trade FX Pro reserves the right to deny, withhold, or withdraw participation if it suspects fraudulent, abusive, or improper activity. If a participant attempts to compromise the integrity or legitimate operation of the program, such as by providing false information, manipulating the system, cheating or committing fraud, Trade FX Pro may remove any benefits, close accounts, terminate services, or exclude the client from future promotions. Trade FX Pro may also deduct any profits gained as a result of abuse or manipulation and close any open positions linked to the misconduct.
Clients who violate Trade FX Pro Community Guidelines, after being warned or blocked, will not be entitled to receive any rewards. You are responsible for all taxes and compliance related to the receipt of interest.