Compare Ally Invest vs BGL BNP Paribas


Online brokers compared for fees, trading platforms, safety and more. See how Ally Invest stacks up against BGL BNP Paribas!

Ally Invest vs BGL BNP Paribas
overall rating
4.7
2.6
overall pros
  • Low trading and non-trading fees
  • Easy and fully digital account opening
  • Great education
  • Good stock market coverage
  • High investor protection
overall cons
  • You can trade only on US markets
  • Forex trading is available through a separate account
  • Lack of proper 2-step authentication
  • High fees
  • Complicated account opening
  • Limited research tools
fees
4.5
  • Low trading fees
  • Low non-trading fees
  • Zero commission on most stocks and ETFs
  • Margin rates could be lower
0.7
  • Transparent fee structure
  • High trading fees
  • High non-trading fees
account opening
4.4
  • Fully digital
  • Low minimum deposit
  • Slow account verification
0.0
  • Multicurrency account with access to banking products (card, insurance, term deposits)
  • Slow
  • Not fully digital
  • Minimum deposit is higher than $500
deposit and withdrawal
2.6
  • No deposit fee
  • User-friendly
  • Free ACH withdrawal
  • Credit/Debit card not available
  • High outgoing wire transfer fee
2.0
  • No deposit fee
  • Not user-friendly
  • Only bank transfer
web trading platform
3.5
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No clear fee report available
  • No two-step (safer) login
2.5
  • Two-step (safer) login
  • Good search function
  • Order confirmation
  • Not user-friendly
  • No clear fee report available
  • Limited customizability (for charts, workspace)
mobile trading platform
3.3
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safer) login
  • No price alerts
  • Mutual funds and bonds are not covered
3.0
  • Two-step (safer) login
  • Good search function
  • Not user-friendly
  • Limited order types
  • No price alerts
desktop trading platform
markets and products
2.9
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
3.2
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
research
3.8
  • Good interactive chart
  • Trading ideas
  • Good option strategy analyzer
  • Screener only for ETFs
1.5
  • Good interactive chart
  • Trading ideas
  • No/limited set of analytic tools
  • Basic fundamental data missing for most stocks
customer service
3.5
  • Phone support
  • Live chat
  • 24/7 availability
  • Average speed of customer support
1.8
  • English, French and German customer support
  • No live chat
  • Irrelevant answers
  • Not reliable email support
education
4.3
  • Trading platform tutorial
  • Educational videos
  • No demo account
0.0
  • High level of investor protection
  • Banking background
  • Regulated by top-tier financial authorities in the US
  • No negative balance protection
  • No investor protection for forex
  • 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
recommended for Investors and traders looking for low fees and focusing on the US market Investors appreciating personal advisory services and other benefits offered by a large banking group
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