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AForex Gives Traders 7% Annual Interest on Account Balance

Russian Forex broker AForex is now offering its clients the opportunity to cash in by simply holding funds in their trading accounts with the company. From April 1, 2014, the broker tops up the balance of each account of the Gold and Platinum types with an annual interest of 7%. Have in mind though that the sum is calculated on the basis of non-invested funds. 
 
You must be curious already into how much money exactly this interest translates. Well, let's take a look at the size of the funds you need to open a Gold or a Platinum account. For Gold, the deposit ranges from $1,000 to $9,999, while for Platinum accounts the deposit starts from $10,000. Hence, the interest may bring you some hefty sums of money.
 
On the downside, however, we cannot dispense of the fact that $1,000 is a lump investment for many traders. Well, they can always open a Silver account with the broker with a minimum deposit of $100, But then no annual interest for you, guys. One more thing to note is that despite the trivial term – annual interest, used for accounting purposes, the money you get from interest will be added to your wallet automatically each quarter (three months).  
 
On top of the possibility to get some extra cash, the owners of Gold and Platinum accounts with Aforex make use of some extra services, like a VPS and Metatrader 4 WebCloud. 
 
I know what you must be thinking – well, that's a Russian Forex broker and they are not regulated. That's not precise to say of AForex as it is a member of the Financial Commission, a Hong Kong based dispute resolution organization. Moreover, AForex is a member of Russia's self-regulatory organization CRFIN and this obliges it to meet certain rigid industry standards. 
 
Talking of interest and extra cash, we wish to remind you that FXCM Bullion accounts bring in annual interest on non-invested funds. You may like to check that interesting opportunity too.
 
 

About AForex

 
AForex is a Russian Forex broker active since 2007. Being an STP (Straight Through Processing) broker, AForex uses NDD technology for the transfer of orders directly to liquidity providers on the interbank market - Deutsche Bank; Credit Suisse; Barclays; UBS; Morgan Stanley; BNP Paribas; Nomura. The broker offers a variety of services on platforms including Metatrader 4 (in various versions), as well as Mirror Trader. The AForex company is regulated by CRO CRFIN (Centre of Regulation of OTC financial instruments and techniques), a self-regulatory organization in Russia.
TAGS: aforex  aforex forex broker  russian forex broker  forex accounts  annual interest  interest  non-invested funds  forex deposits  fxcm  fxcm bullion  gold accounts  platinum  account funds  forex funds 
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