Item: BGL BNP Paribas
Rating: 3.2

Regulated and trusted. Tested via live trading.

359 people chose this broker

Not available in United States; see best alternatives

Why choose BGL BNP Paribas

BGL BNP Paribas is a Luxembourg-based broker. It gives you access to a around 20 global stock markets, which is a good coverage. It also offers high investor protection of €100,000.

However, it has very high fees. The account opening is not user-friendly and there is also a high, €50,000 minimum account balance requirement. The research tools are limited.

BrokerChooser gave BGL BNP Paribas a 3.2/5 rating based on analyzing 600+ criteria and testing via opening a live account.

Pros

Cons

Good stock market coverage
High investor protection

High fees
Complicated account opening
Limited research tools

BGL BNP Paribas

3.2/5

Minimum deposit

$52,500

Stock fee

High

Fund fee

Average

Inactivity fee

yes

Account opening

>3 days

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US stock fee

Estimated commission of a $2,000 trade, assuming a $50 stock price

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Fees

Score: 1.1/5

BGL BNP Paribas has high trading and average non-trading fees. As a plus, it has a transparent fee structure.

Pros

Cons

Transparent fee structure

High trading fees

We compared BGL BNP Paribas's fees with two similar brokers we selected, LYNX and DEGIRO. These competitors were selected based on objective factors like products offered, client profile, fee structure, etc. See a more detailed comparison of BGL BNP Paribas alternatives.

High stock and ETF commission

BGL BNP Paribas US stock fees are much higher than the industry average. US stock fees are calculated as follows: Self Invest International: 0.5% of trade value, min €15

BGL BNP Paribas stock and ETF commission
Broker	US stock
BGL BNP Paribas	$15.8
LYNX	$5.0
DEGIRO	$2.1

Average mutual fund commission

BGL BNP Paribas Mutual fund fees are higher than the industry average. Mutual fund fees are calculated as follows: Self Invest International: 1.0%-2.0% of trade value for buy orders, exit orders are free

BGL BNP Paribas mutual fund commission
Broker	Mutual fund
BGL BNP Paribas	$15.0
LYNX	$6.3
DEGIRO	$4.1

High bond commission

The EU/UK government bond fees at BGL BNP Paribas is the highest among the brokers we reviewed. EU/UK government bond fees are calculated as follows: Self Invest International: 0.65% of trade value, min €50

BGL BNP Paribas bond commission
Broker	EU/UK government bond
BGL BNP Paribas	$65.0
LYNX	$14.7
DEGIRO	$3.2

Average custody fee, no withdrawal fee

BGL BNP Paribas custody, withdrawal and other fees
Broker	Custody fee	Withdrawal fee
BGL BNP Paribas		$0
LYNX		$0
DEGIRO		$0

There is an inactivity fee charged: €117 per half month after 18 months of inactivity.

Check out a detailed analysis of all the fees, commissions, and other charges levied by BGL BNP Paribas for more information.

Safety

BGL BNP Paribas is a legit brokerage. It is regulated by the top-tier CSSF, the Luxembourgish financial regulator. It has a banking license and provides a €100,000 account protection. It is not listed on any stock exchange.

Pros

Cons

Majority of clients belong to a top-tier financial authority
High level of investor protection
Banking background

Not listed on stock exchange
Financial information is not publicly available

Deposit and withdrawal

Score: 3.8/5

You can use only bank transfer for ingoing and outgoing payments. As a plus, BGL BNP Paribas deposit is free of charge. However, it is not user-friendly.

Pros

Cons

No deposit fee

Not user-friendly
Only bank transfer

Account base currencies

At BGL BNP Paribas, you can choose from the following 11 base currencies:

BGL BNP Paribas base currencies
EUR	USD	CAD	GBP
CHF	JPY	AUD	DKK
NOK	NZD	SEK

BGL BNP Paribas offers a great base currency selection when compared to its closest competitors.

Base currencies at BGL BNP Paribas vs similar brokers
Broker	Number of base currencies
BGL BNP Paribas	11
LYNX	9
DEGIRO	7

Why does this matter? For two reasons. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won't have to pay a conversion fee.

A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. Opening an account only takes a few minutes on your phone.

Deposit fees and options

BGL BNP Paribas charges no deposit fees.

Here's all you need to know about minimum deposit requirements and depositing money at BGL BNP Paribas.

BGL BNP Paribas deposit options
Broker	Bank transfer
BGL BNP Paribas
LYNX
DEGIRO

A bank transfer can take several business days, while payment with a credit/debit card is instant. You can only deposit money from accounts that are in your name.

BGL BNP Paribas withdrawal fees and options

The withdrawals are free of charge.

BGL BNP Paribas withdrawal fees and options
Broker	Bank transfer
BGL BNP Paribas
LYNX
DEGIRO

Read our guide containing all key info on available withdrawal methods and related fees at BGL BNP Paribas.

You can only withdraw money to accounts in your name.

Read more about Deposit and withdrawal Read more

Account opening

Score: 2.5/5

BGL BNP Paribas account opening needs improvement. It is user-friendly and fully digital. you can choose from accounts giving you access to banking products as well. However, the minimum deposit is very high.

Pros

Cons

User-friendly
Multicurrency account with access to banking products (card, insurance, term deposits)

Slow
Not fully digital
Minimum deposit is higher than $500

Read more about Account opening Read more

Mobile app

Score: 3.1/5

BGL BNP Paribas mobile trading platform offers two-step login and has a good search function. However, it has limited order types, there are no price alerts and the user-friendliness can be improved.

Pros

Cons

Two-step (safer) login
Good search function

Not user-friendly
Limited order types
No price alerts

Web trading platform

Score: 2.6/5

The web trading platform offers a safe two-step login. It has also good search function and you can set order confirmation. But, it is not user-friendly and customizable. There is no clear fee report either.

Pros

Cons

Two-step (safer) login
Good search function
Order confirmation

Not user-friendly
No clear fee report available
Limited customizability (for charts, workspace)

Read more about Web trading platform Read more

Product selection

Score: 2/5

BGL BNP Paribas gives you access to ~20 stock markets which is a good coverage. It also offers a wide range of mutual funds. Furthermore, you can trade with European bonds and options. On the flip side, there is no FX or CFDs.

BGL BNP Paribas asset classes
	BGL BNP Paribas BGL BNP Paribas	LYNX LYNX	DEGIRO DEGIRO
Stocks Stocks are available	Yes	Yes	Yes
ETFs ETFs are available	Yes	Yes	Yes
Forex Forex is available	No	Yes	No
Funds Funds are available	No	Yes	Yes
Bonds Bonds are available	Yes	Yes	Yes
Options Options are available	No	Yes	Yes
Futures Futures are available	No	Yes	Yes
CFDs Any CFD is available, e.g. stock CFD or commodity CFD	No	Yes	No
Crypto Crypto is available in any form (e.g. as a CFD or ETF)	No	Yes Futures, ETN	No ETN

This selection falls behind competing brokers. Both LYNX and DEGIRO offer more stock markets to trade on.

Stocks and ETFs

BGL BNP Paribas stock and ETF selection
Broker	Stock markets (#)
BGL BNP Paribas	21
LYNX	150
DEGIRO	29

Bonds

BGL BNP Paribas bond selection
Broker	Bonds (#)
BGL BNP Paribas	600
LYNX	68,645
DEGIRO	649

This selection falls behind competing brokers. Both LYNX and DEGIRO list more bonds.

Interest earned on uninvested cash

As of the time of the review, BGL BNP Paribas provides the following interest rates on uninvested cash for savings accounts:

1.5% for USD
0.05% for GBP
1.75% for EUR
0.25% for CAD

Read more about Product selection Read more

Gergely Korpos

Co-Founder, CPO | Equities • Community Trading • Financial Markets

“I recommend BGL BNP Paribas for investors appreciating personal advisory services and other benefits offered by a large banking group.”

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BGL BNP Paribas Review 2025

Why choose BGL BNP Paribas

Not sure if this is the right broker for you? See the best ones.

See how the best brokers in the United States compare to BGL BNP Paribas

Fees

High stock and ETF commission

Average mutual fund commission

High bond commission

Average custody fee, no withdrawal fee

Safety

Is BGL BNP Paribas regulated?

Is BGL BNP Paribas safe?

How you are protected

Background

Deposit and withdrawal

Account base currencies

Deposit fees and options

BGL BNP Paribas withdrawal fees and options

Account opening

Can you open an account?

What is the minimum deposit at BGL BNP Paribas?

Account types

How to open your account

Mobile app

Look and feel

Login and security

Search functions

Placing orders

Alerts and notifications

Web trading platform

Look and feel

Login and security

Search functions

Placing orders

Alerts and notifications

Portfolio and fee reports

Product selection

Stocks and ETFs

Bonds

Interest earned on uninvested cash

FAQ

Lower fees, lower costs?

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How to start your BGL BNP Paribas account?

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