The Interest Program is a feature that allows you to earn loyalty points on your net equity, which is calculated as the total equity minus any credit in your trading accounts. This program is designed to reward you for maintaining a positive balance in your account, even when you are not actively trading.
Here’s how it works:
• Daily Calculation: The interest on your net equity is calculated daily. This means that every day, the system assesses your net equity and determines the amount of loyalty points you earn based on your current Loyalty Status.
• Monthly Payout: The accumulated loyalty points from the daily calculations are paid out monthly. At the end of each month, the total points earned are credited to your account.
• Interest Rates: The rate at which you earn loyalty points depends on your Loyalty Status. Higher statuses, such as Platinum and Diamond, offer higher interest rates, allowing you to earn more points.
• Activation: To start earning points through the Interest Program, you need to activate it via the WB Portal. This feature is available to clients who have achieved at least Gold status in the WB Loyalty Program.
For example, if you have a net equity of $10,000 and you are at Gold status with an interest rate of 0.40%, your daily interest calculation would be as follows:
$10,000 * 0.4% / 365 days = 0.11 loyalty points/day
Over a month, these daily points accumulate and are credited to your account, enhancing your overall rewards from the Loyalty Program.