Stock trading at a glance
Buying and selling stocks is probably the most common form of investment and given the explosion in the number of online brokers over the past years, nearly everyone can invest in stocks. You don’t need a large amount of money to start investing in a company; everyday investors do it with $100 or less.
BGL BNP Paribas clients have access to real stocks, meaning they can buy and sell shares at this online broker. Follow these easy steps to start buying stocks at BGL BNP Paribas:
- Open an investment account at BGL BNP Paribas
- Transfer money to your account
- Find a stock or ETF that you want to buy on the trading platform
- Buy the stock(s) or ETF(s)
- Review your positions regularly
- Sell as you see fit
BGL BNP Paribas stocks: an in-depth guide to stock trading
What stocks can you trade at BGL BNP Paribas?
BGL BNP Paribas gives access to 21 stock exchanges for trading real stocks.
The following table contains an estimated number of stocks available at BGL BNP Paribas and its closest competitors. Some brokers that offer access to the NYSE and Nasdaq focus on the biggest names and may not list some smaller companies. Other brokers allow you to trade all stocks listed on the respective exchange, giving you more flexibility in setting up your investment portfolio.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Number of stock markets | 21 | 83 | 29 |
| Approx. number of stocks | - | 87,000 | 31,000 |
Check out the following table for details about US stock trading at BGL BNP Paribas.
Due to limited trading activity, stocks usually have greater price fluctuation and wider bid-ask spreads during extended hours compared to standard market hours.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Number of stock markets | 21 | 83 | 29 |
| Number of stocks | - | 7,100 | - |
BGL BNP Paribas stocks: an in-depth guide to stock trading
Trading costs at BGL BNP Paribas
Trading stocks comes with a range of brokerage fees, which can be divided into trading and non-trading fees. Trading fees are directly tied to a trade and usually include commissions, spreads, financing rates and conversion fees. Non-trading fees are charges not directly related to trading, such as withdrawal fees or inactivity fees. When you are trading stocks, the most important fees are commissions. For a more detailed breakdown of costs related to investing, check out our in-depth guide to brokerage fees.
When it comes to trading real stocks at BGL BNP Paribas, commissions are High when compared with all brokers we’ve reviewed at Brokerchooser. The following tables contain the most important charges related to stock trading and the fees levied by the competitors of BGL BNP Paribas.
We’ve calculated the fees for an imaginary trade of $2,000 worth of shares on American, British, Hong Kong and German stock exchanges. We’ve converted the GBP, HKD and EUR trading fees to USD for better comparison.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| $2000 trade on the NYSE/NASDAQ | $49.5 | $5.0 | $1.0 |
| $2000 trade on the LSE | $49.5 | $10.2 | $3.1 |
| $2000 trade on a German stock exchange | $49.5 | $5.9 | $4.9 |
| $2000 trade on the Hong Kong stock exchange | - | $6.5 | $5.9 |
Now let’s take a look at non-trading fees. Most online brokers don’t charge an account fee, nor deposit fees, but inactivity fees and withdrawal fees are more common.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Account fee | Yes | No | No |
| Inactivity fee | Yes | Yes | No |
| Deposit fee | $0 | $0 | $0 |
| Withdrawal fee | $0 | $0 | $0 |
BGL BNP Paribas stocks: an in-depth guide to stock trading
Minimum deposit for trading stocks at BGL BNP Paribas
The minimum deposit to open a brokerage account with BGL BNP Paribas is $49,500. You can see in the table below how this amount stacks up against the closest competitors of BGL BNP Paribas.
| BGL BNP Paribas | LYNX | DEGIRO | |
|---|---|---|---|
| Minimum deposit | $49,500 | $2,970 | $0 |
BGL BNP Paribas stocks: an in-depth guide to stock trading
Bottom line
While buying stocks and ETFs may prove one of the best long-term investments, it also carries a number of risks. In addition to unpredictable market movements, the most common risks include choosing the wrong broker, not diversifying your portfolio and investing in lousy stocks. To avoid some of these pitfalls, check out our guide about managing risks related to trading stocks.
We recommend only quality brokers, so you can be sure that none of the online brokers listed here are scams. In order to be sure, we check roughly 20 safety-related criteria, such as regulation, investor protection amount and the transparency of the broker’s financials. Lastly, at least one top-tier financial authority regulates all the brokers you can find on BrokerChooser.
If you want to read our full review of BGL BNP Paribas, including fees, deposit options and platform reviews (like web and desktop), visit BGL BNP Paribas review.
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