BidX Markets, the leading innovator in multi-asset liquidity and trading technology, is pleased to announce a groundbreaking enhancement to its service with the introduction of its “Interest on uninvested Cash Balances” offering. Eligible clients now have the opportunity to allocate their uninvested cash balances into interest-bearing accounts, earning up to 5.1%* on USD and GBP deposits and 3.5% on EUR deposits.

When trading with BidX Markets, clients may accumulate excess capital in their trading accounts. Upon request, BidX Markets will seamlessly allow users to start generating interest immediately. Eligible clients can request the allocation of unused cash balances into interest-bearing accounts and enjoy daily accrued interest with instant access to funds for increased flexibility.

Simon Blackledge, Founder and CEO of BidX Markets commented on the firms new offering: 

"We believe that sharing in the interest that BidX receives will be a huge benefit to many of our broker and professional clients who are currently unable to capitalize on the rise of interest rates," said Simon Blackledge, CEO of BidX Markets. "Our new offering not only provides an innovative solution for optimizing cash resources but also empowers our clients to seize opportunities in a dynamic market environment. At BidX, we are committed to delivering value and flexibility to our clients, and this enhancement is a testament to that commitment."  

BidX Markets allows flexible withdrawals and instant access to funds should their trading account need topping up. The FinTech firm also allows its investors to move money back into their trading accounts promptly in the case of a margin call or trading opportunity.   

What is unique about this offering is that interest accrues daily, and payments are conveniently posted within the first week of the following month. 

This innovative feature not only provides a lucrative avenue for unused cash but also ensures the agility needed for dynamic trading environments. BidX Markets is committed to empowering its clients with the tools and opportunities to optimize their financial strategies.  

For more information on BidX Markets and its new Interest on Unused Cash Balances offering, please visit https://www.bidxmarkets.com/.  

*Terms and conditions apply. BidX Markets may change these rates at any time, in its sole discretion. We will publish the current rates on a best-efforts basis.