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BGL BNP Paribas

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Overall rate4.3 / 54.4 / 53.9 / 54.1 / 53.7 / 53.5 / 53.7 / 53.7 / 54.0 / 53.8 / 53.8 / 53.8 / 53.4 / 53.7 / 53.5 / 52.6 / 5
Recommended for
Price is crucial and can trade in a professional trading environmentWants to invest in international markets and needs some professional guidancePrice sensitive equity and option traders focusing on Europe and USFor beginners and buy and hold investors.Investors interested in a balanced portfolio from investment productsIf you want stocks and funds on a beautiful, minimalistic platformPrice sensitive equity and option traders focusing on the USHigh volume traders looking for a wide product portfolio in the US.Price sensitive forex and CFD tradersForex traders aiming for a good customer serviceGerman speaking investors and CFD traders focusing mainly on European securitiesInvestors and traders who want to take leverage via thousands of CFDs.Beginner traders and those interested in social trading (copying other traders’ trades)Experienced traders looking for an easy-to-use platform, with great user experience.Beginner CFD tradersRequires account with large banking group and personal advisory services
Basic data of broker
Country of origin
USADenmarkNetherlandsSwitzerlandSwitzerlandLuxembourgUSAUSAUSAAustraliaGermanyUK, USA, Switzerland, Australia, Singapore, Hong Kong, JapanIsraelIsraelUKLuxembourg
Listed on stock exchange
Banking background
Trading platform
Web
Mobile
Customer care
Research quality
Customer service quality
Possible to meet personallyNoPrague, Amsterdam, Geneva, London, monthly customer meeting in Budapest and BratislavaAmsterdam, SofiaGenevaZürich is the closest officeLuxembourgNANew York, Chicago, London, Sydney, Costa RicaLondonLondon, Melbourne, Shanghai, Dallas, Bangkok, NoLondon, Dublin, Madrid, Paris, Stockholm, Milan, Geneva, Düsseldorf, LuxembourgLondon, LimassolNoNoLuxemburg
Tradable products
Major stock markets (USA, Germany, UK)
Japanese Stocks
Hong Kong Stocks
Funds
ETF
Forex
Bonds
Options
Futures
CFD
Bitcoin
Fees
Fee summaryOutstandingly competitive fees, especially in the USAModerately competitive feesVery competitive fees for European and US marketsRelatively high trading and non-trading fees, but competitve financing rate.Moderately competitive fees, but high minimum feesModerately competitive feesOutstandingly competitive US options trading fees, competitive US stock trading feesStraight-line fees for personal trading, overall pricing structure directed at high-volume traders. Competitve forex spreadsCompetitive spreads and overall pricing plansModerately competitive feesModerately competitive CFD feesCompetitive fee structure among CFD brokersModerately competitive fee structure among the CFD brokersCompetitive fee structure among the CFD brokersVery high trading and custody fees
Fee description
Starter calculated yearly fee161 USD- 263 USD242 USD506 USD423 USD- 120 USD- - 439 USD- - - - 4 068 USD
Investor calculated yearly fee310 USD752 USD239 USD1 507 USD3 312 USD1 892 USD- - - - 2 358 USD- - - - 3 408 USD
Trader calculated yearly fee629 USD2 932 USD- 4 374 USD- - - - - - - - - - - -
Stock and ETF fee
USA1 USD15 USD1 USD15 USD25 USD19 USD3 USD5 USD- - 15 USD- - - - 46 USD
Germany5 USD14 USD5 USD17 USD29 USD36 USD- - - - 11 USD- - - - 46 USD
UK 9 USD12 USD5 USD22 USD36 USD19 USD- - - - 15 USD- - - - 46 USD
Japan2 USD14 USD12 USD- 77 USD- - - - - - - - - - 46 USD
Hong Kong2 USD20 USD12 USD- 208 USD59 USD- - - - - - - - - 46 USD
Forex costs
All inclusive cost
Major FX pair (EURUSD)4,5 USD3,5 USD- 5.3 USD7,0 USD- - - 2,1 USD2,0 USD- - - - - -
Minor FX pair (NZDUSD)5,4 USD11,1 USD- 11.1 USD13,9 USD- - - 4,4 USD4,3 USD- - - - - -
Usual spread, pips
EURUSD
0,3 2 3 4 - - 1,2 1,16 -
NZDUSD
0,5 4 4 5 - - 1,6 1,53 -
Fund fee
Option prices
Futures fee
CFD fee
Bond fees
Other, non trading fees
Account feeNoNoNoNoNoFree if you have made at least 12 trades in the previous quarterNoNoNoNoNoNoNoNoNo200 EUR + 0.6% custody fee
Inactivity feeYou need to generate at least 10 USD/month comission, otherwise inactivity fee = 10 USD - comission generated100 USD/6 months after 6 no-trade monthsNo25 CHF / 6 months, if no trading in the previous 6 months or less than 5 trades in the previous yearNoEUR 25/quarter between 1 and 11 trades; EUR 45/quarter for 0 tradeNo50 USD/ year if less than 2000 USD on balance or less than 5 trades/year.10 EUR per month after 2 years of inactivityNo5.85 EUR/quarter if less than 2 trades12 GBP per month after 2 years of inactivity5 USD / month - after 12 months of inactivity for depositing accounts and after 4 months for non-depositing accounts10 USD per quarter after 3 months of inactivityNoNo
Financing rateBenchmark + 1.5% Market ask rates plus 8 %, min. 8 % Depends on currrency (e.g. EUR: EONIA + 1.25%) 3.5% for EUR and 2,5% for USD Depends on currrency (e.g. EUR 3%) 6.99% Depends on debt balance (ranging 8% for up to $25k and 5% from $1mn) 8.5% to 6.25% depending on the balance Depends on currrency (e.g. EUR 0,4%) Not provided 3% + currency interest Benchmark + 2.5% Depends on the traded product, e.g. yearly 4,9% for long Apple Depends on the traded product, e.g. 11,4% for long Apple Depends on the traded product, e.g. 5,9% for long Apple Euribor 3 month + 2 %
Withdrawal fee10 USD, but one free withdrawal per monthNoNo2 CHF/EUR/GBP/USD to a Swiss bank account / 15 CHF/EUR/GBP/USD to a foreign bank account2 CHF/2 EUR/10 USD dependent on currency0 (below 50 000 EUR) for EU currencies$25 for US withdrawal and $45 for non-US withdrawal35 USD Overseas / 25 USD US- Bank transfer/wire: 20-35 EUR / Debit card: 0-20 EUR20 USD for bank transfer; 1 USD for Skrill; the rest is freeNoNo25 USD5 free withdrawals per month, 10 USD/withdrawal afterNo0.75 EUR for SEPA accounts (free within BGL BNP)
Security
Account protection you get 50.000 GBP in Europe; 500.000 USD in the US (securities up to 500.000 USD, cash up to 250.000 USD)100.000 EUR for cash deposits and 20.000 EUR for securities20.000 EUR100,000 CHF100.000 CHF100.000 EUR for cash deposits and 20.000 EUR for securities500.000 USD (securities up to 500.000 USD, cash up to 250.000 USD)500.000 USD (securities up to 500.000 USD, cash up to 250.000 USD)50.000 GBP in Europe50.000 GBP in Europe20.000 EUR50.000 GBP in Europe50.000 GBP for UK residents, 20.000 EUR for residents of non-UK countries50.000 GBP in the UK, 20.000 EUR in other European countries20.000 EUR20.000 EUR
Country of regulation
UK, US, India, Australia, Canada, Japan, Hong KongUK, Denmark, SingaporeNetherlandsSwitzerlandSwitzerlandLuxembourgUSAUSAUK, USA, Australia, Singapore, Canada, JapanUK, AustraliaGermanyUK, CyprusUK, Cyprus, AustraliaCyprus and South AfricaLuxembourg
Account opening
Minimum required balance10 000 USD 2 000 USD No 1000 CHF No No No 500 USD for cash account, 2000 USD for margin accounts, 5000 USD for futures accounts No No No No 1.000 USD (10.000 USD for residents from Israel) 100 EUR No 50 000 EUR
Needed documentsPersonal ID or passport can be digitally identifiedPersonal ID or passport can be digitally identifiedCopy of personal ID or passport needs to be uploadedCopies of passport and permanent address need to be postedNotarized copies of passport and permanent address need to be postedNotarized copy of passport needs to be postedCopy of passport or personal ID and proof of address need to be uploadedPersonal ID (Passport, ID card) + Proof of residence (Utility bill) Copy of passport and bank statement/utility bill/tax letter need to be uploadedPassport/ID; Utility bill or some other forms for proof of residencyPersonal ID or passport needs to be uploadedCopy of passport needs to be uploadedCopy of passport or personal ID and utility bill needs to be uploadedCopy of passport needs to be uploadedCopy of passport needs to be uploadedTwo valid proof of indentities and one proof residence need to be uploaded
Time to open account5-6 days with identification and account transfer 3-4 days with identification and account transfer 2-3 days with identification and money transfer 10-15 days with identification and account transfer 10-15 days with identification and account transfer 10-15 days with identification and account transfer 2 days 2 weeks, needed to mail W8 form directly to them. 1-2 days with identification and account transfer 4-5 days 3-4 days (need to receive access PIN by post) 1-4 days with identification and account transfer 1 day 1 Day 1 Day 2 weeks