Overview of BGL BNP Paribas fees and charges
BGL BNP Paribas's fees are considered to be high. This is usually a result of high fees across multiple fee types. It's important to be aware of this and to decide whether other advantages of BGL BNP Paribas can still make it a good choice for you. These deciding features can be its research options, its education section or the general user experience you get on its trading platforms.
Here's a high level overview of BGL BNP Paribas's fees
| Assets | Fee level | Fee terms |
|---|---|---|
| US stock fee | High | Self Invest International: 0.5% of trade value, min €50 |
| EURUSD fee | - | Not available |
| US tech fund fee | Average | Self Invest International: 1.0%-2.0% of trade value for buy orders, exit orders are free |
| Inactivity fee | Low | €117 per half year after 18 months of inactivity |
BGL BNP Paribas fees
BGL BNP Paribas fees explained
We compare BGL BNP Paribas fees with its closest competitors, LYNX and DEGIRO.
BGL BNP Paribas fees
BGL BNP Paribas trading fees
We see BGL BNP Paribas's trading fees to be high because they charge more than most of its competitors.
Let's break down the trading fees into the different asset classes available at BGL BNP Paribas.
Trading fees
BGL BNP Paribas's trading fees are high.
Stock fees and ETF fees
BGL BNP Paribas has high stock trading fees.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| US stock | $49.5 | $5.0 | $1.0 |
| UK stock | $49.5 | $10.2 | $3.1 |
| German stock | $49.5 | $5.9 | $4.9 |
Bond fees
BGL BNP Paribas has high bond fees.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| US Treasury bond | - | $10.0 | - |
| EU government bond | $65.0 | $13.9 | $3.0 |
CFD fees
BGL BNP Paribas has CFD trading fees.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Apple CFD | - | $5.1 | - |
| Vodafone CFD | - | $5.7 | - |
| Germany | - | $6.8 | $5.7 |
Financing rates
BGL BNP Paribas financing rates are .
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Apple CFD financing rate | - | 5.3% | - |
| Vodafone CFD financing rate | - | 4.5% | - |
| EURUSD financing rate | - | 2.7% | - |
| EURGBP financing rate | - | 2.1% | - |
Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.
Currency conversion fee
BGL BNP Paribas will charge a Currency Conversion Fee for all trades on instruments denominated in a currency different to the currency of your account. The fee is charged as the following: 0.1% of the trade value, min €5 and max €150.
BGL BNP Paribas fees
BGL BNP Paribas non-trading fees
When it comes to looking at all the non-trading fees BGL BNP Paribas is an expensive broker. This means that they tend to charge you a lot for non-trading related activities on your trading account, like withdrawal fee.
Non-trading fees include various brokerage fees and charges at BGL BNP Paribas that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Withdrawal fee | $0 | $0 | $0 |
| Deposit fee | $0 | $0 | $0 |
| Inactivity fee | Yes | Yes | No |
| Account fee | Yes | No | No |
BGL BNP Paribas fees
BGL BNP Paribas deposit fee
Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and BGL BNP Paribas is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods BGL BNP Paribas offers.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | No | No |
| Electronic wallets | No | No | No |
| Deposit fee | $0 | $0 | $0 |
BGL BNP Paribas fees
BGL BNP Paribas withdrawal fee
Unlike some online brokers we have reviewed BGL BNP Paribas does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Bank transfer | Yes | Yes | Yes |
| Credit/debit card | Yes | No | No |
| Electronic wallets | No | No | No |
| Withdrawal fee with bank transfer | $0 | $0 | $0 |
BGL BNP Paribas fees
BGL BNP Paribas inactivity fee
BGL BNP Paribas does apply an inactivity fee and it is €117 per half year after 18 months of inactivity. This means that you need to be strategic about your trading activity to avoid getting charged after a longer time of no trade. The fact that BGL BNP Paribas charges an inactivity fee makes it less ideal for you if you are a buy and hold investor.
BGL BNP Paribas has low inactivity fee.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Inactivity fee | Yes | Yes | No |
| Inactivity fee | €117 per half year after 18 months of inactivity | It is called 'platform fee'; €5 per month. | No inactivity fee |
Read more about BGL BNP Paribas inactivity fee on their own site.
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