Barclays vs BGL BNP Paribas compared

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

Barclays
BGL BNP Paribas

Last update of dataJan 2023

Barclays

Barclays is a UK-based bank. Barclays Smart Investor is the brokerage service provided by Barclays and regulated by the top-tier FCA.

Recommended for long-term investors looking for a broker with low fees and solid background.

BGL BNP Paribas

BGL BNP Paribas is a Luxembourg-based broker. It has a banking background and is regulated by the CSSF, the Luxembourg financial regulator.

Recommended for investors appreciating personal advisory services and other benefits offered by a large banking group.

Barclays's service is slightly better than BGL BNP Paribas's and a comparison of their fees shows that Barclays's fees are much lower than BGL BNP Paribas's.

Account opening takes less effort at Barclays compared to BGL BNP Paribas, deposit and withdrawal processes are about the same quality at Barclays, while customer service quality is somewhat lower than BGL BNP Paribas's.

Our experts rated the trading platform of Barclays as less user-friendly than the platform of BGL BNP Paribas, found that clients have access to about the same number of markets and products with Barclays, while BGL BNP Paribas provides much less useful research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.3

Recommended for Long-term investors looking for a broker with low fees and solid background

Overall Score
3.1

Recommended for Investors appreciating personal advisory services and other benefits offered by a large banking group

Country of origin

UK

Country of origin

Luxembourg

Fees

Fees score
3.6
Fees score
0.7
Fees summary

Low trading and non-trading fees

Fees summary

High trading and non-trading fees, transparent fee structure

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
4.0
Deposit and withdrawal score
3.8
Number of base currencies

1

Number of base currencies

11

Deposit type

Withdrawal type

Account opening

Account opening score
3.5
Account opening score
2.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$49500

*
Time to open account

>3 days

Time to open account

>3 days

Required documents

Proof of identity: passport / driver's license Proof of residency: bank statement / utility bill

Required documents

Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill

Trading platform

Web platform score
3.5
Web platform score
2.6
Mobile platform score
-
Mobile platform score
3.1
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
3.2
Markets and products score
3.4
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
CFDs
CFDs
CFD disclaimer

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.0
Research score
1.5
Charting quality

Poor

Charting quality

Great

Education score
1.5
Education score
0.0
Demo account
Demo account

Customer service

Customer service score
0.0
Customer service score
1.1
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

£85,000

Investor protection amount

€20,000

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1992

Foundation date

1919

Country of regulation

UK

Country of regulation

Luxembourg

No withdrawal fee limit

-

No withdrawal fee limit

-

Minimum deposit via bank transfer

-

Minimum deposit via bank transfer

-

Recommended min deposit by broker

-

Recommended min deposit by broker

-

Barclays

For detailed information and hands-on experience, read our review of this broker.

BGL BNP Paribas

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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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