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Compare BGL BNP Paribas vs Saxo Bank


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

BGL BNP Paribas vs Saxo Bank
overall rating
2.8 / 5.0
4.7 / 5.0
overall pros
  • Good stock market coverage
  • High investor protection
  • Outstanding research
  • Great trading platform
  • Broad product portfolio
overall cons
  • High fees
  • Complicated account opening
  • Limited research tools
  • High forex, bond, options, and futures fees
  • Slow account opening
  • Missing live chat
fees
1 stars
  • Transparent fee structure
  • High trading fees
  • High non-trading fees
  • Withdrawal fee
  • Inactivity fee
3 stars
  • No withdrawal fee
  • Transparent fee structure
  • Lower fees for Platinum and VIP clients
  • Inactivity fee
  • High financing rate
  • High forex, bond, options and futures 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
3 stars
  • Fast account opening
  • Fully digital account opening
  • Available for residents of almost every country
  • Minimum account balance is higher than $500
  • Sales team pushy
  • Classic accounts available only in a single currency
deposit and withdrawal
1 stars
  • No deposit fee
  • Not user-friendly
  • Only bank transfer
5 stars
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card withdrawal not available
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
  • Looks nice
  • No two-step (safe) login
  • Limited customizability (for charts, workspace)
mobile trading platform
3 stars
  • Two-step (safe) login
  • Good search function
  • Not user-friendly
  • Limited order types
  • No price alerts
5 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
desktop trading platform
-
5 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good search function
  • No two-step (safe) login
markets and products
2 stars
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
4 stars
  • Stock
  • ETF
  • Forex
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • SaxoSelect
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
5 stars
  • Analyst recommendations for stocks, bonds, etc.
  • User-friendly
  • Good set of analytical tools
  • Most fundamental data is not free of charge
customer service
1 stars
  • English, French and German customer support
  • No live chat
  • Irrelevant answers
  • Not reliable email support
3 stars
  • Available in local languages
  • Relevant telephone support
  • Fast email support
  • No live chat
  • No 24/7 availability
education
0 stars
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Good 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
  • Banking background
  • Negative balance protection
  • Not listed on stock exchange
recommended for Investors aiming for an account with large banking group and personal advisory services Investors and traders looking for a great trading platform and solid research