Do I earn interest on my cash balance?

Client accounts of more than $14,000 are eligible to receive credit interest on uninvested cash balances in their securities accounts. Interest rates are set based upon rates available in the interbank deposit market, less a spread withheld by the clearing broker. 

In the current low interest rate environment, it is unlikely that our clearing broker will be able to offer interest on uninvested cash balances, this may change if interest rate revert to more normal levels.

OnMarket does not make any margin on investor’s cash accounts.

Do you have more questions? Feel free to send them in to us