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Compare BGL BNP Paribas vs Oanda


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

BGL BNP Paribas vs Oanda
overall rating
2.8 / 5.0
4.2 / 5.0
overall pros
  • Good stock market coverage
  • High investor protection
  • Easy-to-use web trading platform
  • Easy and digital account opening
  • Powerful research tools
overall cons
  • High fees
  • Complicated account opening
  • Limited research tools
  • Only FX, and some CFDs
  • Poor customer service
  • Pricey withdrawal
fees
1 stars
  • Transparent fee structure
  • High trading fees
  • High non-trading fees
  • Withdrawal fee
  • Inactivity fee
3 stars
  • Low trading fees
  • Withdrawal fee
  • High financing rate
  • Financing rate calculation is non-transparent
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
4 stars
  • Fast account opening
  • Fully digital account opening
  • No minimum account balance
  • Sales team pushy
  • It can take up to 3 business days
deposit and withdrawal
1 stars
  • No deposit fee
  • Not user-friendly
  • Only bank transfer
4 stars
  • Several account base currencies
  • User-friendly
  • First withdrawal is free for credit/debit cards and electronic wallets
  • High withdrawal fee
  • Slow funding and withdrawal - over 3 days
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)
5 stars
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No price alerts
mobile trading platform
3 stars
  • Two-step (safe) login
  • Good search function
  • Not user-friendly
  • Limited order types
  • No price alerts
4 stars
  • Two-step (safe) login
  • Price alerts
  • Does not look nice
desktop trading platform
-
3 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Two-step (safe) login
  • Not user-friendly
  • Poor search function
markets and products
2 stars
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1 stars
  • Forex
  • CFD
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
4 stars
  • Good interactive chart
  • Good set of analytical tools
  • Great API offer
  • No analyst recommendations for stocks, bonds, etc.
  • No fundamental data available
  • Research tool are not at one place
customer service
1 stars
  • English, French and German customer support
  • No live chat
  • Irrelevant answers
  • Not reliable email support
3 stars
  • Live chat
  • Available from Sunday to Friday
  • Slow support
  • Irrelevant answers
education
0 stars
4 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Videos can be better organized
  • 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
  • Negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Investors aiming for an account with large banking group and personal advisory services Forex traders that prefer a user-friendly platform and great research tools