Compare BGL BNP Paribas vs IC Markets


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

BGL BNP Paribas vs IC Markets
overall rating
2.7
4.4
overall pros
  • Good stock market coverage
  • High investor protection
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
overall cons
  • High fees
  • Complicated account opening
  • Limited research tools
  • No investor protection
  • No negative balance protection
  • Only forex, CFD and crypto trading
fees
0.7
  • Transparent fee structure
  • High trading fees
  • High non-trading fees
4.3
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High financing rate for CFDs
account opening
0.0
  • Multicurrency account with access to banking products (card, insurance, term deposits)
  • Slow
  • Not fully digital
  • Minimum deposit is higher than $500
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
2.0
  • No deposit fee
  • Not user-friendly
  • Only bank transfer
4.9
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
web trading platform
2.5
  • Two-step (safer) login
  • Good search function
  • Order confirmation
  • Not user-friendly
  • No clear fee report available
  • Limited customizability (for charts, workspace)
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Poor design
mobile trading platform
3.0
  • Two-step (safer) login
  • Good search function
  • Not user-friendly
  • Limited order types
  • No price alerts
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
3.2
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1.7
  • Forex
  • CFD
  • Crypto
research
1.5
  • Good interactive chart
  • Trading ideas
  • No/limited set of analytic tools
  • Basic fundamental data missing for most stocks
3.8
  • Trading ideas
  • Quality news flow
  • User-friendly
  • No fundamental data available
customer service
1.8
  • English, French and German customer support
  • No live chat
  • Irrelevant answers
  • Not reliable email support
3.6
  • Phone support
  • Live chat
  • Fast response time
  • Slow and irrelevant live chat
education
0.0
4.5
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • 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
  • Majority of clients belong to a top-tier financial authority
  • In operation for a long time
  • No investor protection
  • No negative balance protection
  • Does not hold a banking license
recommended for Investors appreciating personal advisory services and other benefits offered by a large banking group Forex traders who value easy account opening and free deposit/withdrawal options
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