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Use our comparison service to get the best access, rates, execution and service for your hedge fund from the most appropriate prime brokers based in the UK
Ensure your prime broker has experienced dealers to manage your online trading with more complex order voice brokerage services.
Spread orders across multiple execution brokers and give up to your main clearing prime broker to maintain execution anonymity.
Borrow securities directly from your prime broker to reduce financing costs and the risk of holding a long term short position.
Get first class back office support from your prime broker for complex corporate actions, clearing issues and general account management.
Manage cross exchange positions with SPAN margin facilities to ensure minimal margin requirements on hedged and offset positions with overall portfolio risk management.
Ensure your hedge fund has the proper compliance and regulatory processes in place with hedge fund consultancy services and risk management technology.
Connect with the most relevant prime broker for your fund, bank or family offices specific style of trading
Find a prime of prime, ECN, bank or non-bank liquidity provider that best fits your brokerage or trading business.
Access new capital for your fund by using a prime broker with access to capital introduction facilities.
We have two decades experience in the institutional brokerage space and through our network of multi-asset prime brokers we are able to connect funds with the most appropriate brokers, salespeople, traders, and institutional service providers.
Find a prime broker that will reduce your commissions and provide added value services such as compliance outsourcing
The purpose of a prime broker is to act as the consolidated portfolio, risk and services account for a hedge fund. Their primary purpose is to allow hedge funds or large investment clients the ability to borrow securities or cash to trade and invest in order to achieve absolute returns. Often hedge funds trade with many different brokers throughout the day who will then give up trades to the price broker where the bulk of a funds assets are held. Whilst the prime broker may handle the majority of a hedge funds execution it is normal for funds to spread business across multiple brokerage accounts to ensure that trades are executed with discretion and finesse. Prime brokers also offer access to their client pool for capital introduction to increase the net asset value of hedge funds. This is also common with competing brokers who will want to add value to win execution business to generate commission.
Prime brokers facilitate investment activity on behalf of a hedge fund very often with capital borrowed against the hedge fund itself. As hedge funds can be active with numerous brokers, a prime broker enables greater visibility on performance as all trades are settled through the prime broker. Their responsibilities can vary depending upon what is right for you and your hedge fund.
Examples of the responsibilities of a prime broker can include;
The best prime broker will be the one that offers the services and features that you need with the fees and payment system that works best for you. Good Money Guide can help you find the right prime broker with our online finder tool. You will have a few questions to answer about the size of your hedge fund, your main investment methods and how often you trade, as well as any additional features that you may require. The finder tool will take about 10 minutes to complete.
Prime brokers are for institutional accounts so there is not a definitive list of prime brokers. However, with our interactive finder tool you can choose from prime brokers which may suit your needs and which can make it easier to choose the best prime broker for you.
Which are the top prime brokers for start up hedge funds?
The top tier prime brokers are shutting down all their smaller accounts so start up hedge funds need a mini prime broker or mid-tier prime broker.
Our prime broker finder tool can help your start up hedge fund find top prime brokers that are most appropriate for your investment strategy.
If you have a small hedge fund take you can find a mini prime broker here. We work with the best prime brokers for small to medium sized hedge funds that can assist with your trading and fund strategy, including custodian services, regulatory umbrellas, research, analysis and outsourced back office systems. Use our comparison tables to compare the best UK based mini prime brokers authorised and regulated by the FCA. Choose or switch to a mini prime broker that offers the most markets, best pricing and client security.
Prime brokers make money by charging a fee or commission for facilitating the transactions for the funds that they manage. This fee is normally called a spread.
An FX prime brokerage can offer access to the currency markets around the World at the best prices, as well as funding and clearing services to foreign exchange traders. In addition to the provision of securities, collateral and operational efficiencies there can be many other benefits for forex traders.
There are no fees for hedge funds to use our services or for introductions to prime brokers
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The Good Money Guide is a London based guide to trading and investment accounts for clients based in the UK, Europe, Asia, South Africa and Australia. For more information on how this site makes money pleaseclick here.
The information contained in this website is for informational purposes only and does not constitute financial advice. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation, or, an offer of or solicitation for, a transaction in any financial instrument.
ALL INVESTING INVOLVES RISK. Investing, Derivatives, Spread betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
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