5 Best Online Business Bank Accounts UK 2025

Regular updates ensure the platform stays optimized and secure, delivering a seamless trading experience. The Axi Desktop MT4 Platform is a comprehensive trading solution that caters to the needs of traders seeking a variety of tools and features. With access to over 150 trading products, including Forex, Commodities, Share CFDs, Indices, Cryptocurrency CFDs, and more, MT4 provides full market coverage. Axi offers a web-based trading platform through MT4 WebTrader, providing traders with the convenience of accessing their accounts directly from a web browser without needing to download any software. Axi offers a range of account types designed to meet the needs of different traders, including Standard, Pro, Premium, and Axi Elite accounts.

What you will need to open an account with Axitrader

It’s rare to find a broker that offers both quality and reliability, but Axi does. The Axi Select program is only available to clients of AxiTrader Limited. In dealings with clients, AxiTrader acts as a principal counterparty to all of a client’s positions. AxiSelect is not available to residents of AU, NZ, EU, and the UK. For more information, please refer to the AxiSelect Terms of Service. Axi Overview – A competitive trading environment for algorithmic trading and scalpers.

Our Business Online Banking has:

This does not increase the cost to you for using a broker and is how the site is funded and covers the costs of running this website. We have spent years researching the best alternatives to Axitrader. When registering with Axitrader have the following documents available.

  • Brokerage firms like Axitrader may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms.
  • Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees.
  • Some brokers restrict these styles or penalize you with wider spreads, but Axi seems designed to accommodate all types of traders.
  • That’s why we’ve compiled this detailed Axitrader review with some important information that will hopefully make you more informed when online trading with Axitrader.
  • For a more in-depth guide, explore our guide to opening a business bank account.
  • You’ll need to provide personal and business details, including identification, financial information, and, in some cases, proof of membership with relevant organisations.

What are the Benefits of a Business Bank Account?

AxiTrader works with a host of VPS providers that they can help you set up hosting accounts with. Moreover, for those traders who trade more than 20 lots per calendar month, Axi will credit your account with $34.99 which can be used to pay for hosting. There are two types of live accounts and these are the standard and the pro accounts. These basically differ according to their fee structure as well as the amount of leverage that you can employ with them. There are a range of account types that you can choose from at AxiTrader. These include the demo account as well as two different “live” accounts.

The Co-operative Bank and Coventry Building Society

  • Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
  • I especially appreciate the variety of charting options available, which help me analyze market trends effectively.
  • Adam trades Forex, stocks and other instruments in his own account.
  • As someone new to trading, I’ve found Axi’s educational materials to be incredibly helpful.

This is especially important for those traders who use high frequency trading algorithms. This is helpful for traders to manage their risk around potentially market moving news. It can also be used by those who like to trade using an event driving strategy. They will trade the excess market volatility created by misses or overshoots of the forecasted numbers. For those traders who prefer to watch videos for guidance, AxiTrader has included a host of video tutorials on demand.

The Co-operative Bank FAQs

Identifying the best account option for your business can be difficult, but the standard small business account with a flat monthly fee could suit many smaller businesses. Your old bank is responsible for closing your previous business account. Finding the best business account for your company is a three-step process.

You can access 70+ currency pairs for Forex markets, a $0 minimum deposit, and fast execution with award-winning customer support all from one location through MT4. AxiTrader’s mainstay MT 4 trading software brings a very competitive technical solution to trade through the financial market to make a respectable profit for traders in every trading session. Founded in 2007, AxiTrader offers flexible leverage, which becomes a high gain option for a trader.

The headquarters are located at Level 10, 90 Arthur Street, North Sydney, 2060, Australia. AxiTrader is an online Forex/CFD broker, which was founded way back in 2007, in Australia. Being well over a decade old is not the main selling point of the operation however. Now, we shall speak about deposit and withdrawal methods for AxiTrader. WebTrader gives you access to use your MT4 platform on any web browser you’re using.

Hence, holding different licenses from different parts of the world was the right way to do so. As mentioned in the fees section, with the pro account you have much lower spreads than the standard account although axitrader review you do have to pay lot commission. With the pro account you also can trade with up to 400x leverage.

I’ve been using Axi for over a year now, and it has been a phenomenal experience. The platform is incredibly user-friendly, making it easy to navigate and execute trades. I appreciate the low spreads, which have allowed me to maximize my profits.

Traders can download it for free from the Google Play store and iOS web-store, respectively. The client funds of the UK enjoy coverage from the Financial Services Compensation Scheme (FSCS) of over £50,000 in a highly unlikely case when AxiTrader becomes bankrupt. Here our experts give you in-depth updates & their views on AxiTrader broker on this 2025 AxiTrader review. Further, the firm also launched its London branch in 2012, China branch in 2015. In China, AxiTrader entered into a partnership with China Union Pay to help its Chinese clients process payments easily and directly to AxiTrader. Later, when their trade volume surpassed the 100 Billion Dollar mark, AxiTrader stretched its corporate brand to Germany Latin America and also to the Middle East in 2016.

In the trading world, brokers like Axitrader, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. Some business bank accounts include savings capabilities, such as savings pots, but opening a dedicated business savings account could earn more interest for your limited company. If you need a business bank account opened today, opt for an account with a challenger bank like Monzo, as they tend to be quicker than traditional high street providers. You can also check our list of instant business bank accounts for more information.

Established in 2007, and in operation for 18 years Axitrader have a head office in Australia. Great communications, help and live assistance from professionals. As a novice i have learnt quickly from my own mistakes and with the help of Axi, i still have a lot to learn so i will keep using them. I just got signed up with this broker but so far it looks very professional and trustworthy. I was confused about how to create another existing MT4 account and Mr Ruben patiently guided me along to cater to what my needs.

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