| Scenario | Interactive Brokers | Interactive Investor | Saxo | AJ Bell | Hargreaves Lansdown | Freetrade | Swiss Quote | Degiro | IG |
|---|---|---|---|---|---|---|---|---|---|
| NAV = £20,000 Cash = £5,000 |
0.000% | 1.250% | 0.000% | 1.550% | 1.750% | 0.199% | 0.000% | 0.000% | N/A |
| NAV = £80,000 Cash = £20,000 |
2.414% | 1.575% | 0.270% | 1.650% | 1.800% | 0.050% | 0.000% | 0.000% | N/A |
| NAV = £320,000 Cash = £80,000 |
3.622% | 1.819% | 1.890% | 1.725% | 1.856% | 0.012% | 0.000% | 0.000% | N/A |
Rates as of April 2, 2025. Source: ii.co.uk, home.saxo (Classic account), ajbell.co.uk, hl.co.uk, freetrade.io (Standard account), swissquote.com, degiro.com/uk, ig.com/uk
'N/A' was used when no 'primary' source for the offered rates could be found. In some cases, the broker does not support cash balances in the currency. In others, the broker likely offers 0%, but does not advertise it.
| Scenario | Interactive Brokers | Interactive Investor | Saxo | AJ Bell | Hargreaves Lansdown | Freetrade | Swiss Quote | Degiro | IG |
|---|---|---|---|---|---|---|---|---|---|
| NAV = $20,000 Cash = $5,000 |
0.000% | 1.250% | 0.000% | N/A | N/A | N/A | 0.000% | 0.000% | N/A |
| NAV = $80,000 Cash = $20,000 |
1.532% | 1.575% | 0.144% | N/A | N/A | N/A | 0.000% | 0.000% | N/A |
| NAV = $320,000 Cash = $80,000 |
3.351% | 1.819% | 1.370% | N/A | N/A | N/A | 0.000% | 0.000% | N/A |
Rates as of April 2, 2025. Source: ii.co.uk, home.saxo (Classic account), ajbell.co.uk, hl.co.uk, freetrade.io (Standard account), swissquote.com, degiro.com/uk, ig.com/uk
'N/A' was used when no 'primary' source for the offered rates could be found. In some cases, the broker does not support cash balances in the currency. In others, the broker likely offers 0%, but does not advertise it.
Competitor rates and offers subject to change without notice. Services vary by firm.
Clients may earn interest on long-settled cash balances. Please note that interest is earned on long-settled cash balances held in the securities segment of an account but not on cash held in the commodities segment.
The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed income can be substantial. Options are not suitable for all investors. For more information, read the "Characteristics and Risks of Standardized Options".
Your capital is at risk and your losses may exceed the value of your original investment.
Interactive Brokers (U.K.) Limited is authorised and regulated by the Financial Conduct Authority. FCA Reference Number 208159.
Cryptoassets are unregulated in the UK. Interactive Brokers (U.K) Limited ("IBUK") is registered with the Financial Conduct Authority as a cryptoassets firm under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
Interactive Brokers LLC is regulated by the US SEC and CFTC and is a member of the SIPC (www.sipc.org) compensation scheme;
products are only covered by the UK FSCS in limited circumstances.
Before trading, clients must read the relevant risk disclosure statements on our Warnings and Disclosures page.
For a list of IBG memberships worldwide, see our exchange listings.