FTMO - Setting up a UK Business Bank Account

MichaelJohnFX

Senior member
For those who trade under FTMO or any other "prop firm"...I've recently just become a 'funded' trader and i'm trying to set up a business bank account through my limited company. I've tried Revolut and Starling bank, but have been rejected on both occassions. I think it's because these banks don't recognise the services that FTMO etc provide. Has anyone had any luck setting up a UK business account for this line of work / contracting?

Thanks!
 

Inquisitor

Active member
The "Challenger" banks which Starling and Revolut both are do not allow accounts that in any way can be considered speculative in nature. They will also close accounts that are already being used by customers if they try and use them for anything to do with Bitcoin.

Try a more traditional high street bank as you should have better success.
 

MichaelJohnFX

Senior member
The "Challenger" banks which Starling and Revolut both are do not allow accounts that in any way can be considered speculative in nature. They will also close accounts that are already being used by customers if they try and use them for anything to do with Bitcoin.

Try a more traditional high street bank as you should have better success.
Awesome - thanks for your help! Much appreciated. I've just tried with my current account (Santander) - will post back in here re. what they come back with.
 
 
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