1. Introduction

These Terms & Conditions ("T&C") govern the interest offering on unused funds held in the wallets of clients ("Client" or "You") with Tickmill ("We", "Us", "Our"). This offering is designed to reward Clients for maintaining unused funds in their wallets with Us.

2. Definitions

• Unused Funds: Wallet balances that are not currently being used in trading accounts.
• Wallet Balance: The total funds available across all Clients’ wallets in USD, EUR, and GBP.
• Active Account: A Trading account showing trading activity within the last 30 days or has at least one open position.

3. Eligibility

To be eligible for interest on unused funds, Clients must meet the following criteria:

• Interest offering is enabled in their account settings (by default enabled for all except swap-free accounts).
• Total Wallet Balance across all currencies exceeds 100 USD or equivalent.
• The Client has an Active Account, as defined above.

4. Interest Rate and Calculation

Interest rates are currency-specific and are defined as follows:

• USD: up to 3.5% per annum; Thresholds: 0 - 50K
• GBP: up to 3.25% per annum; Thresholds: 0 - 40K
• EUR: up to 2.5% per annum; Thresholds: 0 - 45K

Interest calculation will be pro-rata based on the Client's Wallet Balance and according to defined thresholds and rates for each currency. The formula used for the calculation is:Interest Rate = Unused Funds / (Max Threshold−Min Threshold ​) × Max Interest RateInterest Rate is capped at Max Interest Rate stated above.The formula used for the Interest calculation is:Interest = Unused funds x Interest Rate/365Interest will be calculated daily and paid monthly, on the fifth day of the following month.

5. Changes to Terms

We reserve the right to modify these T&C, including interest rates and calculation methods, at our discretion. Changes will be communicated to Clients in advance, and continued use of our services following such changes will constitute acceptance.

6. Miscellaneous

• These Terms and Conditions form an integral part of the formal agreement between you and us. In the event of any discrepancies between these Terms and Conditions and any other provisions of your formal agreement (referred to either as the Client Agreement or the Terms of Business, as applicable), the provisions of your formal agreement will prevail.
• The interest offering is subject to all applicable laws and regulations.
• Clients are responsible for any tax implications resulting from receiving interest.
• We reserve the right to disqualify any Client from this offering for any reason, including suspicion of fraud or abuse. Furthermore, Tickmill reserves the right to cancel, suspend and/or freeze any account(s) and/or wallet(s) in case of any mala fide act, illegal act(s) and/or omission(s), trading abuse and/or any other reasonable and valid reason and the Client understands that Tickmill reserves the right to terminate the business relationship at any time if such incidents arise.