BGL BNP Paribas
flatex
Basic data of broker
Recommended for Investors appreciating personal advisory services and other benefits offered by a large banking group
Recommended for Investors and traders speaking German and focusing on European securities
Luxembourg
Germany
Fees
High trading and non-trading fees, transparent fee structure
Average trading and non-trading fees, low fund fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
11
4
Deposit type
Withdrawal type
Account opening
$49500
$0
>3 days
>3 days
Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
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
Great
Great
Customer service
Security
€20,000
€100,000 for cash deposits and €20,000 for securities
1919
2005
Luxembourg
Germany
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
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.
BGL BNP Paribas's service is slightly weaker than flatex's and a comparison of their fees shows that BGL BNP Paribas's fees are much higher than flatex's.
Account opening takes somewhat more effort at BGL BNP Paribas compared to flatex, deposit and withdrawal processes are somewhat easier at BGL BNP Paribas, while customer service quality is considerably lower than flatex's.
Our experts rated the trading platform of BGL BNP Paribas as somewhat worse than the platform of flatex, found that clients have access to slightly less markets and products with BGL BNP Paribas, while flatex provides better research and education.