Berkeley Futures

This is a discussion on Berkeley Futures within the Brokerages forums, part of the Commercial category; I recently open an account with Berkeley futures. The reason being they are based in the UK.London.I dont like my ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Oct 21, 2005, 7:16pm   #1
Joined Sep 2005
Berkeley Futures

I recently open an account with Berkeley futures. The reason being they are based in the UK.London.I dont like my money being hold in the USA, they commission and margin are very competitive. Does anyone here trade with them and has there been any problems. For me so far so good. I had a problem with my internet connection the other day, I phoned them to get me out of my trade. and what I liked was, They answered the phone with 2 rings and I understand they have been going for 20 years.Any one on T2W trades with them
badtrader is offline   Reply With Quote
Old Oct 21, 2005, 8:44pm   #2
 
dentist007's Avatar
Joined Mar 2003
they are not cheap.there are chaeper online brokers around.in fact i would say double the price of others.however,the service is good
dentist007 is offline   Reply With Quote
Old Oct 21, 2005, 9:06pm   #3
Joined Sep 2005
badtrader started this thread
Quote:
Originally Posted by dentist007
they are not cheap.there are chaeper online brokers around.in fact i would say double the price of others.however,the service is good
Agree they were expensive in the past. But recently they have changed they structure to get in line with others. I pay $5 R/T to trade the Mini Dow. and Margin is only $610.

Yes, you can trade with IB for around 0.80 cenc cheaper. at around $4.20 R/T. But and its a big but. I know berkeley futures will answer the phone quickly if I have a problem.
badtrader is offline   Reply With Quote
Old Oct 22, 2005, 7:16am   #4
They are not cheap. I use to trade through them but have sinced moved. There are many other places offering better rates and solid trading platforms. The reason for the quick service is because they have lost alot of clinets over the last few years. (A friend of mine works there and he was telling me how they were going through old list of clients trying to get them back)
  Reply With Quote
Old Oct 23, 2005, 1:32am   #5
Joined Sep 2005
badtrader started this thread daps

What did you trade.and how much commission was you paying with berkeley and margin?

The only reason I moved from IB was, they are slow in answering the phone, if you happen to have problems. With berkeley I am getting $5 r/t not bad. for the service I am getting.
badtrader is offline   Reply With Quote
Old Oct 23, 2005, 3:08pm   #6
Joined Sep 2005
badtrader started this thread I cant find $0.85on the net. Could you forward me, where such a deal is and does one need to trade over a few 1000s contracts a week, to get such a deal
badtrader is offline   Reply With Quote
Old Oct 23, 2005, 3:45pm   #7
Joined Sep 2005
badtrader started this thread Then again. I would rather pay a little extra to have a good service. If I can make money with a S/B trading Forex with a 3 pip spread. I can managed paying the cost of trading 1 market points, to trade the YM.with berkeley
badtrader is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
New Futures Account: RCG (Sweet Futures), Velocity, or Global? JangoFolly Brokerages 2 Feb 4, 2010 10:29pm
Berkeley Futures new I-Q trader Platform indexgold Brokerages 0 May 8, 2006 5:55pm
How long have oil futures had such a direct relationship on index futures? powerbook Futures & Options 3 May 16, 2005 5:58pm
forex.com / Berkeley FX zeeuk Forex 0 Aug 17, 2004 8:12pm
Berkeley Online FX dewbpy Forex 3 Aug 10, 2004 9:35pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)