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%.