Risk Warning: Financial trading in a leveraged product may result in losses that exceed your initial deposit. Leveraged trading is not suitable for everyone, so please ensure that you fully understand the risks involved prior to trading.

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A Member of the London Metal Exchange
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+44 (0) 207 758 4777

How to Open an Account

Opening an account with Berkeley is a simple process.  We require paperwork to be completed and the provision of personal identification.  Berkeley accept both Professional and Retail* accounts for corporates, hedge funds, trusts, Self-Invested Personal Pensions (SIPPs), individuals, and provide facilities for Introducing Agents (IAs). Accounts can be opened within a few hours, after which the trader can have instant access to futures, options, Contracts for Difference (CFDs), forex, and shares.

To open an account please contact us. Alternatively, please feel free to come to our offices to open an account face-to-face with one of our Account Executives.

ID Requirements

  • If you are a UK citizen and resident all we need from you is a copy of your photo card driving licence.  Otherwise a copy of your passport plus a proof of address (either utility bill or bank statement dated within the last three months) must be provided.  Berkeley will then confirm your ID electronically (further information may be required if we are unable to identify you electronically)
  • Overseas clients should provide an authenticated copy of a valid passport, an authenticated copy of either a bank statement or utility bill, and a third party verification of their ID such as a letter from a bank, employer, or consulate.

 

We may require additional documentation for certain clients.

Open An Account With Berkeley Futures

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*Please note that access to some markets may be restricted to certain clients.



8 Good Reasons Traders Use Berkeley For Trading On The LME

Online or Phone Trading

LME access via all leading trading platforms including cost free access to our LME dealing desk which will use multiple sources to obtain the best rates for trading carries or broken dates. For more information Contact us.

Mobile Trading Application

LME execution via all the leading trading platforms and/or mobile trading for iPhone, iPad and Android devices. For a free demo click here.

Margin Finance for LME Arbitrage Traders

For LME/CME Copper arbitrage we offer margin financing from just 13% of the total initial margin. Berkeley also understands the need for speed of execution across multiple exchanges as well as the ability to immediately hedge any currency risk requirements. This is essential for successful arbitrage trading. For more information Contact us.

Independence

As a category 4 member, we can trade freely with any other member which provides clients with access to a deep liquidity pool. This liquidity is sourced across several market makers as opposed to trading solely with a single provider.

LME Options

Berkeley offer very keen pricing on both buying or writing of options due to our ability to independently source pricing from multiple providers. In addition we can run standardized portfolio analysis of risk (SPAN) margin scenarios to optimize funding requirements. For more information Contact us.

Clearing Give-In and Give-Up Services Available

Flexible clearing arrangements are offered across major exchanges whether give-in or give-up services are required

Segregated LME Accounts

As a firm, authorised and regulated by the Financial Conduct Authority (FCA), we segregate all client money held for the purposes of trading LME products and other listed derivatives from company funds.

Currency Denominations

LME contracts can be denominated in Euro, GBP, JPY as well as USD.