Is BGL BNP Paribas free?

BGL BNP Paribas does charge a commission for real stock trading on US markets, so in this sense it is not a free-to-trade broker. However, it might still be a reasonable choice for some of you, as there are many other aspects other than commissions that are important when you choose a broker. If you wish to stick with BGL BNP Paribas though, then you will find the fees they charge below. Alternatively, you could check our article detailing the best zero commission brokers and how their apps scored in our test.

We should note that the payment-for-order-flow model, which is used by some zero-commission brokers to generate income (rather than relying on commissions), could potentially create a conflict of interest between you and your broker. This could result in trade execution (like routing your orders to specific market makers) that might be unfavorable for you under certain market conditions, especially when using market orders (as opposed to limit orders, which seem to be less affected).

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BGL BNP Paribas fees
Overview of BGL BNP Paribas fees and charges

BGL BNP Paribas's fees are considered high. This is because 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. Such features may include its research tools, 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

BGL BNP Paribas Fees snapshot
Assets Fee level Fee terms
US stock fee High Self Invest International: 0.75% of trade value, min €50
EURUSD fee - Not available
US mutual fund fees 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

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BGL BNP Paribas fees
BGL BNP Paribas fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely because online brokerages' businesses can be much better scaled: from a purely technical standpoint, it doesn't make that much of a difference for them if they have 100 or 5,000 clients.

This is not to say, however, that they don't charge any fees at all. They make money by charging you various rates for various actions or events. Usually you need to keep an eye on the following three types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually carry out a trade, like buying an Apple share or an ETF. What you pay is either a commission, a spread or a financing rate. Some brokers apply all of these.
    • A commission is either fixed or based on the traded volume.
    • A spread is the difference between the buy price and the sell price.
    • A financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These are usually related to some operations you carry out in your account, such as depositing money, withdrawing money, or not trading for an extended period.

We compare BGL BNP Paribas fees with its closest competitors, flatex and LYNX.

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BGL BNP Paribas fees
BGL BNP Paribas trading fees

We consider BGL BNP Paribas's trading fees high, as they exceed those of most competitors.

Let's break down trading fees according to 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.

Stock fees of a $2,000 trade
BGL BNP Paribas flatex LYNX
US stock $60.0 $7.1 $5.0
UK stock $60.0 - $12.6
German stock $60.0 $7.1 $7.2

Bond fees

BGL BNP Paribas has high bond fees.

Fees of a $10,000 bond trade
BGL BNP Paribas flatex LYNX
US Treasury bond - $7.1 $10.0
EU government bond $65.0 $7.1 $16.8

CFD fees

BGL BNP Paribas has CFD trading fees.

CFD fees and commissions on a $2,000 trade
BGL BNP Paribas flatex LYNX
Apple CFD - $6.2 $5.2
Vodafone CFD - $6.3 $7.0
Germany - $5.7 $6.8

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BGL BNP Paribas fees
BGL BNP Paribas non-trading fees

Some of BGL BNP Paribas's non-trading fees are average.

Non-trading fees include various brokerage fees and charges at BGL BNP Paribas that are not related to buying or selling assets. This can be a withdrawal fee, deposit fee, inactivity fee or account fee.

A high-level overview of how BGL BNP Paribas stacks up in terms of non-trading fees
BGL BNP Paribas flatex LYNX
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee Yes No Yes
Account fee Yes No No

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BGL BNP Paribas fees
BGL BNP Paribas deposit fee

Usually, brokers don't charge anything for deposits, and BGL BNP Paribas is no different.

BGL BNP Paribas deposit methods
BGL BNP Paribas flatex LYNX
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Deposit fee $0 $0 $0

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BGL BNP Paribas fees
BGL BNP Paribas withdrawal fee

BGL BNP Paribas generally doesn't charge a withdrawal fee.

BGL BNP Paribas withdrawal fees and options compared
BGL BNP Paribas flatex LYNX
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Withdrawal fee for bank transfer $0 $0 $0

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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. Keep this in mind to avoid getting charged after a longer idle period. The fact that BGL BNP Paribas charges an inactivity fee makes it less ideal for you if you are a buy-and-hold investor.

The inactivity fee charged by BGL BNP Paribas is low.

BGL BNP Paribas flatex LYNX
Inactivity fee Yes No Yes
Inactivity fee €117 per half year after 18 months of inactivity No inactivity fee Called 'platform fee'; €5 per month.

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Author of this article

Gergely Korpos

Author of this article

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Gergely Korpos

Co-founder, CPO

Gergely is the co-founder and CPO of BrokerChooser. His aim is to make personal investing crystal clear for everybody. Gergely has 10 years of experience in the financial markets. He concluded thousands of trades as a commodity trader and equity portfolio manager.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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