feed linkedin-square facebook-square twitter-square question-circle-o

Compare BGL BNP Paribas vs ChoiceTrade


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

BGL BNP Paribas vs ChoiceTrade
overall rating
2.8 / 5.0
4.1 / 5.0
overall pros
  • Good stock market coverage
  • High investor protection
  • Commission-free stock trading
  • Fast and easy account opening
  • User-friendly mobile trading platform
overall cons
  • High fees
  • Complicated account opening
  • Limited research tools
  • High non-trading fees
  • Not user-friendly deposit and withdrawal
  • Limited product portfolio
fees
1 stars
  • Transparent fee structure
  • High trading fees
  • High non-trading fees
  • Withdrawal fee
  • Inactivity fee
4 stars
  • Low trading fees
  • Commission-free stock trading
  • High non-trading fees
account opening
0 stars
  • Multicurrency account with access to banking products (card, insurance, term deposits)
  • Slow account opening
  • Not fully digital
  • Minimum account balance is higher than $500
5 stars
  • Fully digital account opening
  • User-friendly
deposit and withdrawal
1 stars
  • No deposit fee
  • Not user-friendly
  • Only bank transfer
1 stars
  • No deposit fee
  • Credit/Debit card deposit and withdrawal not available
  • High withdrawal fee
  • Only one account base currency
  • Not user-friendly withdrawal
web trading platform
2 stars
  • Two-step (safe) login
  • Good search function
  • Order confirmation
  • Not user-friendly
  • No clear fee report available
  • Limited customizability (for charts, workspace)
2 stars
  • Clear fee report
  • Good variety of order types
  • Not user-friendly
  • No two-step (safe) login
  • Poor search function
mobile trading platform
3 stars
  • Two-step (safe) login
  • Good search function
  • Not user-friendly
  • Limited order types
  • No price alerts
4 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
  • No price alerts
desktop trading platform
-
3 stars
  • Clear fee report
  • Good variety of order types
  • Looks nice
  • Limited customizability (for charts, workspace)
  • No two-step (safe) login
  • No price alerts
markets and products
2 stars
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1 stars
  • Stock
  • ETF
  • Options
research
2 stars
  • Good interactive chart
  • Analyst recommendations for stocks, bonds, etc.
  • No/limited set of analytic tools
  • Basic fundamental data missing for most stocks
3 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Good quality news flow
  • Limited interactive charting
  • Not user-friendly
customer service
1 stars
  • English, French and German customer support
  • No live chat
  • Irrelevant answers
  • Not reliable email support
4 stars
  • Phone support
  • Relevant answers
  • No live chat
education
0 stars
3 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Hard to navigate
  • Poor production quality
  • Regulated by top tier financial authority
  • High level of investor protection
  • Banking background
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Regulated by top tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
recommended for Investors aiming for an account with large banking group and personal advisory services Stock and options traders aiming for low trading fees and focusing on the US market