Hoodless Brennan and Partners plc.

Advantages: Cost, easy access
Disadvantages: Relatively unknown

...charge. Finally I came across Hoodless Brennan, who offer an execution only service at only £7 per trade with the first months dealing free of any transaction charges. COMPANY DETAILS Now before signing up I thought it prudent to do a bit of research on the company as I had never heard of them before. Unfortunately, there was precious little to discover and in the end I decided to take the plunge anyway and begin with a relatively small amount ...
...Over the last few years Hoodless Brennan has grown significantly. The company has expanded five fold in terms of employees, and is therefore providing a more comprehensive service to its clients." APPLICATION There site provides an online application form followed up by a money laundering form which is sent by post. My application was completed reasonably quickly and my account was setup within a week. Money can then be deposited or withdrawn from ... Read review

just over a month ago i tried to apply for an online dealing acccount from hoodless brennan. i was expecting a smooth ride for the application procedure which should take no more than one week. However, what i discovered is the exteremely slow email response as well as a series of handling mistakes. When i sent in emails explaining the situation (which was what was suggested to me when i first called them) i got no reply for 10 days before i decided to call them again. they finally said they will sort the things out. i hope this promise will not vaporise again as previously. overal the application process is disappointing when comparing to other experiences of applying an online dealing account.

I have used their Online execution only account for two years, only because they have offered the cheapest commision. But the service is poor. Last couple of months alone, their website was down once, limit orders didn't work on several occasions. Real time order didn't execute once. Even though I sent complaint and/or enquiries, they are VERY slow to respond. They have become much worse recetnly. I am always on the lookout for ,more reliable broker that offers a competetive commission. But they are prohibitively expensive for my small fund. As soon as I have large enough fund to justify higher commission, I will be out of Hoodless Brennan. It is so stressful not be abel to buy/sell when you want to. Investment can be stressful without them anyway! If you are not desperate for the cheapest commissions, you should look for more reliable broker.

From finding the Hoodless Breenan site to making my first deal took less than 30 minutes. I emailed them to ask about the cost of selling all my shares in one stock if they were purchased through multiple transactions and received a positive reply within hours. Their site is out of action today but, that apart, my experience has been very positive.

a very basic and error prone platform. this is just for amateurs looking to save a few quid per trade. Ive had multiple trade execution fails (about 15%25 failure rate) where the trade does not execute (missed 500 quid gain on the trade). if you just need the occasional, simple trade (no short selling, margin or anything else), it may be ok, but frankly the platform is not convincing. i'll be switching to someone like ETrade who are investing in their platform.