BGL BNP Paribas vs Trade Nation compared

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

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.

Brokers displayed might not be available in United States.

More alternatives to BGL BNP Paribas and Trade Nation

BGL BNP Paribas

Trade Nation

BGL BNP Paribas

3.1

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Trade Nation

4.0

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81.3% of retail CFD accounts lose money

Last update of data—Dec 2022

BGL BNP ParibasTrade Nation

BGL BNP Paribas is a Luxembourg-based broker. It has a banking background and is regulated by the CSSF, the Luxembourg financial regulator.

Trade Nation is a UK CFD and forex broker. It is regulated by the FCA and is available globally for clients.

Recommended for investors appreciating personal advisory services and other benefits offered by a large banking group.

Recommended for spread, forex and CFD traders looking for a great trading platform and quality customer service.

BGL BNP Paribas

BGL BNP Paribas is a Luxembourg-based broker. It has a banking background and is regulated by the CSSF, the Luxembourg financial regulator.

Recommended for investors appreciating personal advisory services and other benefits offered by a large banking group.

Trade Nation

Trade Nation is a UK CFD and forex broker. It is regulated by the FCA and is available globally for clients.

Recommended for spread, forex and CFD traders looking for a great trading platform and quality customer service.

BGL BNP Paribas's service is slightly weaker than Trade Nation's and a comparison of their fees shows that BGL BNP Paribas's fees are higher than Trade Nation's.

Account opening takes considerably more effort at BGL BNP Paribas compared to Trade Nation, deposit and withdrawal processes are somewhat more complicated at BGL BNP Paribas, while customer service quality is considerably lower than Trade Nation's.

Our experts rated the trading platform of BGL BNP Paribas as somewhat worse than the platform of Trade Nation, found that clients have access to more markets and products with BGL BNP Paribas, while Trade Nation provides excellent research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score

3.1

Recommended for Investors appreciating personal advisory services and other benefits offered by a large banking group

Overall Score

4.0

Recommended for Spread, forex and CFD traders looking for a great trading platform and quality customer service

Country of origin

Luxembourg

Country of origin

Fees

Fees score

0.7

Fees score

3.0

Fees summary

High trading and non-trading fees, transparent fee structure

Fees summary

Low non-trading fee, but high forex fee

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

Crypto fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score

3.8

Deposit and withdrawal score

4.5

Number of base currencies

Deposit type

Withdrawal type

Account opening

Account opening score

2.0

Account opening score

5.0

Account opening fully online

Minimum deposit

$49500

Minimum deposit

Time to open account

>3 days

Time to open account

1 day

Required documents

Proof of identity: ID / passport / driver's license Proof of residency: bank statement / utility bill

Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / driver's license / credit card statement

Trading platform

Web platform score

2.6

Web platform score

4.5

Mobile platform score

3.1

Mobile platform score

4.3

Desktop platform score

3.4

Markets and products

Markets and products score

3.4

Markets and products score

1.4

Stocks

Fractional shares

ETFs

Forex

Funds

Bonds

Options

Futures

Crypto

CFDs

CFD disclaimer

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.

CFD disclaimer

Disclaimer: 81.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score

1.5

Research score

4.3

Charting quality

Great

Charting quality

Great

Education score

0.0

Education score

5.0

Demo account

Customer service

Customer service score

1.1

Customer service score

5.0

Phone

Live chat

24/7 availability

Security

Investor protection amount

€20,000

Investor protection amount

£85,000 for clients under FCA, no protection for others

Banking background

Listed on stock exchange

Foundation date

1919

Foundation date

2014

Country of regulation

Luxembourg

Country of regulation

UK, Australia, South Africa, Bahamas

BGL BNP Paribas

For detailed information and hands-on experience, read our review of this broker.

Read Review

Trade Nation

For detailed information and hands-on experience, read our review of this broker.

Read Review

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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.

Brokers displayed might not be available in United States.

More alternatives to BGL BNP Paribas and Trade Nation

BGL BNP Paribas vs Trade Nation compared

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