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*Up to 2% annual interest on equity (paid out monthly in loyalty points). T&C’s apply.
*Up to 2% annual interest on equity (paid out monthly in loyalty points). T&C’s apply.
Receive up to 2% interest on your total trading balance, paid out monthly in loyalty points.
Double your earnings by redeeming a certain number of loyalty points for $2 per point!
There is no lock-in period for traders benefiting from our Interest Program. You can use your capital to trade, redeem your loyalty points at any time, and withdraw your balance and cash rewards with no restrictions!
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.
To activate the Interest Program, you need to meet a few simple criteria and follow these steps:
1. Fund Your Account: Make sure your trading account is funded. Only clients with funded accounts are eligible to activate the Interest Program.
2. Achieve Gold Status: Ensure that your trading account has reached at least Gold status in the WB Loyalty Program. This status is achieved by closing the minimum required lots for Gold status.
3. Activate the Interest Program: Log in to your WB Portal, navigate to the ‘Loyalty Programme’ section. Here, you will find an ‘Activate’ button for the Interest Program. Click this button to start earning loyalty points on your net equity.
Interest rates for eachLoyalty Status tier vary, rewarding higher status levels with greater interest yields on your net equity. Here is a detailed breakdown of the interest rates for each tier:
WB Loyalty Status | Status Requirement | Description & Benefits | Minimum Lots Threshold | Loyalty Points per Lot | Annual Interest Rate Yield |
Silver | None | Default Status | 0 | 0.2 | 0% |
Gold | Close the minimum lots threshold for Gold Status | Increased point value per lot traded / higher interest rate | 20 | 0.4 | 0.40% |
Platinum | Close the minimum lots threshold for Platinum Status | Increased point value per lot traded / higher interest rate | 500 | 0.6 | 1.20% |
Diamond | Close the minimum lots threshold for Diamond Status | Increased point value per lot traded / higher interest rate | 5,000 | 1 | 2.00% |
Once activated, the daily interest earned can be calculated using the following formula:
Example 1:
Taking a USD denominated trading account as an example, the daily loyalty points interest yield can be calculated using the below formula:
(Equity-Credit) * (StatusInterest Rate) / 365 days = daily interest in dollars
1 Dollar earned = 1 Loyalty point
Example 2:
Taking a JPY denominated trading account as an example, the daily loyalty points interest yield can be calculated using the below formula:
(Equity-Credit) * (Status Interest Rate) * (JPY/USD exchange rate) / 365 days = daily interest in dollars
1 Dollar earned = 1 Loyalty point
