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AvaTrade To Offer Interest Up To 2.7% On Idle Funds

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Written By
James Barra
Contributor Image
Written By
James Barra
James is an investment writer with a background in financial services. As a former management consultant, he has worked on major operational transformation programmes at prominent European banks. James authors, edits and fact-checks content for a series of investing websites.
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Updated
Dec 12, 2023

AvaTrade’s VIP solution now offers interest on uninvested cash. Members also get faster withdrawals, priority support and a range of other perks.

Key Takeaways

  • Traders can start earning on idle funds, with rates of 2.7% (USD), 2.2% (GBP), and 1.8% (EUR).
  • Daily interest calculations begin from the month you achieve Diamond status.
  • The minimum account equity is $10,000.

Note that interest rates may vary.

Premium Membership

AvaTrade’s Premium membership offers a superior trading environment, including VIP support, expedited withdrawals and preferential trading conditions.

Users also enjoy features like exclusive webinars, real-time volatility alerts and ‘Advanced’ access to Guardian Angel with detailed performance statistics.

Difference between standard and VIP levels at AvaTrade

Membership is based on tiers which assess accumulated deposits at midnight each day. After meeting the threshold, clients will be automatically accepted onto the program the next day.

About AvaTrade

AvaTrade is a prominent forex and CFD broker established in 2006. Regulated across 9 jurisdictions and with over 400,000 users, it is a go-to choice for short-term traders.

The platform offers a variety of trading instruments, including 1250+ CFDs covering stock, forex, commodity, crypto, bond and ETF markets.

AvaTrade provides convenient funding options for new traders, including bank cards, wire transfers and e-wallets like Perfect Money.

The minimum deposit is $100.

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AvaTrade is a leading forex and CFD broker, established in 2006 and regulated across 9 jurisdictions. Over 400,000 users have signed up with the broker which processes over 2 million trades each month. The firm offers multiple trading platforms, including MT4, MT5, and a proprietary WebTrader. 1250+ financial instruments are available for day trading, from CFDs to AvaOptions and now AvaFutures, alongside a comprehensive education center and multilingual customer support.