Tickmill Applies Interest on Unused Trading Capital
Tickmill has announced an innovative initiative, offering yield-bearing interest rates of up to 3.5% on unused funds to help clients improve their capital efficiency.
To meet market demand and expand its offerings, forex broker Tickmill has introduced new client-centric initiatives that enable clients to earn up to 3.5% per annum on unused funds. This new interest rate program applies to funds in USD, EUR and GBP wallets, offering attractive interest rates, daily interest accrual and fast monthly payments.
Clients of Tickmill forex broker can now earn interest on unused funds, making it an attractive alternative to traditional fund management options. To qualify for this offer, clients must maintain at least one open trade or holding position in the last 30 days and have a minimum of USD 100 in idle funds.
Tickmill's Chief Financial Officer, Derek Wilks, commented, “We strive to improve the trading ecosystem and show appreciation for our customers' loyalty. This new offering will provide real benefits, and we encourage all investors to explore this unique opportunity. By enabling clients to earn interest on their unused funds, we not only enhance their trading experience, but also offer them a way to make their funds work harder for them."
In addition to this innovative forex broker news, Tickmill has earned first place in the Commission category & Fees in the 2024 ForexBrokers.com Annual Awards. This recognition highlights the multi-asset brokerage's dedication to providing cost-effective trading solutions and strengthen its position as a leading forex broker in the industry.
This dual approach of offering competitive interest rates for idle funds while maintaining low trading costs demonstrates Tickmill's commitment to client-centric solutions and operational excellence. This also positions the broker as a formidable player in the competitive forex market, continuously innovating to meet the needs of its clients.