The Interest Program is a rewarding feature designed to allow you to earn loyalty points based on your net equity—the total equity in your trading accounts minus any credit. This program incentivizes maintaining a positive account balance, providing benefits even when you’re not actively trading.

Here’s how it works:

Daily Calculation: The system calculates interest on your net equity every day, ensuring that your loyalty points accumulate steadily. The calculation is based on your current Loyalty Status, with higher statuses offering greater earning potential.
Monthly Payout: At the end of each month, the loyalty points you’ve earned daily are credited to your account. This ensures that you consistently see the benefits of your trading engagement.
Interest Rates: The rate at which you earn loyalty points is directly tied to your Loyalty Status. Higher tiers such as Platinum and Diamond offer elevated rates, enabling you to maximize your rewards.
Activation Required: To benefit from the program, you need to activate it through the WM Portal. This feature is available exclusively to clients who have attained at least Gold Status in the WM Loyalty Program.

Example Calculation:
You have a net equity of $10,000 and are at Gold Status, which offers a 0.40% interest rate. Your daily loyalty points calculation would look like this:
$10,000 * 0.4% / 365 days = 0.11 loyalty points/day

Over a month, these points accumulate and are added to your account, further enhancing the rewards you earn from the Loyalty Program.

Activating the Interest Program is straightforward and involves just a few steps:

1. Fund Your Account: Ensure your trading account is funded, as only funded accounts are eligible for the Interest Program.

2. Reach Gold Status: Achieve at least Gold Status in the WM Loyalty Program. This requires meeting the minimum lot threshold for Gold, which is 20 closed lots.

3. Activate the Program:
Log in to your WM Portal.
Navigate to the Loyalty Program section.
Locate the ‘Activate’ button for the Interest Program and click to enable it.

Once activated, you’ll start earning loyalty points on your net equity daily, with payouts credited monthly, giving you the chance to grow your rewards passively.

The Interest Program offers varying rates depending on your Loyalty Status, rewarding higher tiers with better yields on your net equity. Below is a detailed breakdown of the rates and benefits for each tier:

WM Loyalty Status
Silver
Gold
Platinum
Diamond

Status Requirement
None
Close the minimum lots threshold for Gold Status
Close the minimum lots threshold for Platinum Status
Close the minimum lots threshold for Diamond Status

Description & Benefits
Default Status
Increased point value per lot traded / higher interest rate
Increased point value per lot traded / higher interest rate
Increased point value per lot traded / higher interest rate

Minimum Lots Threshold
0
20
500
5,000

Loyalty Points per Lot
0.2
0.4
0.6
1

Annual Interest Rate Yield
0%
0.40%
1.20%
2.00%

Once the Interest Program is activated, your daily interest is calculated using the following formulas:

Example 1: USD-Denominated Account
For accounts in USD, the daily interest yield is calculated as:
(Equity – Credit) * (Status Interest Rate) / 365 days = Daily Interest in Dollars

Since 1 Dollar = 1 Loyalty Point, the points earned daily are equivalent to the calculated dollar amount.

Example 2: JPY-Denominated Account
For accounts in JPY, the daily interest yield calculation incorporates the exchange rate:
(Equity – Credit) * (Status Interest Rate) * (JPY/USD Exchange Rate) / 365 days = Daily Interest in Dollars

As with USD accounts, 1 Dollar = 1 Loyalty Point.