Support Centre for Saxo Capital Markets UK

Are there interest charges?

Interest on your main account is calculated on the Net Free Equity and interest on your sub- accounts is calculated on the Account Value.

We shall pay interest or charge interest to your account based on the following calculation:

  • Your account will not be eligible for credit interest if the positive Net Free Equity and/or Account Value is equal to or less than USD 15,000 (or currency equivalent).
  • For positive Net Free Equity and /or Account Value exceeding USD 15,000, credit interest is payable at LIBID minus 3%.
  • Your account will incur debit interest for deficit Net Free Equity and/or Account Value at LIBOR plus 8%.


 

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