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What is an Axi Corporate Account?
Updated 2 months ago

Axi offers options to open trading accounts under Company, Trust, Foundation, Sole Proprietorship, Partnership, and, Joint Venture conditions.

How can I open a Corporate Account?

Please note that the application process for Corporate Accounts differs from individual trading accounts.

To start a CySEC Corporate account application, the client must submit a completed CySEC Corporate paper application form.

In addition, the EMIR Refit Excel file must be completed and included as part of the required documentation. This will be provided to you by your Account Manager.

For further information and guidance regarding the application process and required documents, please contact your Account Manager or Customer Support directly.

What documents do you need to open a corporate account?

In order to open a Corporate trading account, we are required by law to collect detailed information relating to the prospective account holder(s).

A copy of the required documents is outlined below.

Entity Type

Required Documents

Corporate/Company

For the Company:

  • Certificate of Incorporation

  • Certificate of Directors

  • Certificate of Shareholders

  • Certificate of Registered Office

  • Memorandum & Articles of Association

 

For the UBO(s):

  • Valid Proof of Identity

  • Recent Proof of Address

Please note: If the client is a Financial Institution trading with third-party funds, they will need to complete the Wolfsberg AML (Anti Money Laundering) questionnaire and provide their Internal AML Policy & Procedure. During the application process, we may require additional documentation.

Trust (Corporate/Company)

For the Trust:

  • Trust Deed (legal document establishing the entity)

  • List of Trustees, Settlors and Beneficiaries

For trustees, protectors and beneficiaries:

  • Valid Proof of Identity

  • Recent Proof of Address

Please note: If the client is a Financial Institution trading with third-party funds, they will need to complete the Wolfsberg AML (Anti Money Laundering) questionnaire and provide their Internal AML Policy & Procedure. During the application process, we may require additional documentation.

Trust (Individual)

For the Trust:

  • Trust Deed (legal document establishing the entity)

  • List of Trustees, Settlors and Beneficiaries

For trustees, protectors and beneficiaries:

  • Valid Proof of Identity

  • Recent Proof of Address

Foundation

For the Foundation:

  • Foundation Charter (legal document establishing the entity)

  • List of Trustees, Settlors and Beneficiaries

For trustees, protectors and beneficiaries:

  • Valid Proof of Identity

  • Recent Proof of Address

Sole Proprietorship

For the Entity:

  • Business Registration Certificate

 For the Sole Proprietor:

  • Valid Proof of Identity

  • Recent Proof of Address

Partnership

For the Partnership:

  • Certificate of Registration 

  • Certificate of General & Limited Partners (issued by the Registrar)

  • Partnership Agreement

For the Partner(s):

  • Valid Proof of Identity

  • Recent Proof of Address

Joint Venture

For the Joint Venture:

  • Corporate Documents of participating entities (as per company type)

  • Joint Venture Agreement

For the UBO(s):

  • Valid Proof of Identity

  • Recent Proof of Address

Once all information and supporting documents have been supplied and verified, we aim to process the application and open the account within 3-5 business days.

IMPORTANT: You must declare any natural person who ultimately owns or controls 25% or more of a company’s shares or voting rights as an Ultimate Beneficial Owner (UBO) in an application. For further information regarding corporate accounts, please contact our Client Services team.

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