BGL BNP Paribas vs Trading 212 compared

Online brokers compared for fees, trading platforms, safety and more. See how BGL BNP Paribas stacks up against Trading 212!

BGL BNP Paribas
Trading 212
68% of retail CFD accounts lose money

Last update of dataDec 2022

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.

Trading 212

Trading 212 is a CFD broker regulated by the UK FCA, Bulgarian FSC, and Cypriot CySEC. Customers can invest in commission-free stock and ETF trading as well.

Recommended for equity investors and CFD traders looking for easy-to-use trading platforms.

BGL BNP Paribas's service is weaker than Trading 212's and a comparison of their fees shows that BGL BNP Paribas's fees are much higher than Trading 212's.

Account opening takes considerably more effort at BGL BNP Paribas compared to Trading 212, deposit and withdrawal processes are somewhat more complicated at BGL BNP Paribas, while customer service quality is considerably lower than Trading 212's.

Our experts rated the trading platform of BGL BNP Paribas as less user-friendly than the platform of Trading 212, found that clients have access to slightly less markets and products with BGL BNP Paribas, while Trading 212 provides better 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
4.6

Recommended for Equity investors and CFD traders looking for easy-to-use trading platforms

Country of origin

Luxembourg

Country of origin

Bulgaria

Fees

Fees score
0.7
Fees score
4.0
Fees summary

High trading and non-trading fees, transparent fee structure

Fees summary

Commission-free real stocks and ETFs, high CFD 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

Deposit and withdrawal score
3.8
Deposit and withdrawal score
4.3
Number of base currencies

11

Number of base currencies

8

Deposit type

Withdrawal type

Account opening

Account opening score
2.0
Account opening score
4.5
Account opening fully online
Account opening fully online
Minimum deposit
*

$49500

*
Minimum deposit
*

$0

*
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: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement

Trading platform

Web platform score
2.6
Web platform score
4.4
Mobile platform score
3.1
Mobile platform score
4.9
Desktop platform score
-
Desktop platform score
-

Markets and products

Markets and products score
3.4
Markets and products score
4.1
Stocks
Stocks
Fractional shares
Fractional shares
*
*
ETFs
ETFs
Forex
Forex
*
*
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
Crypto
*
*
CFDs
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: 68% 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
3.5
Charting quality

Great

Charting quality

Great

Education score
0.0
Education score
4.0
Demo account
Demo account

Customer service

Customer service score
1.1
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

€20,000

Investor protection amount

£85,000 for clients under FCA, and €20,000 for clients under CySEC or FSC Bulgaria

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1919

Foundation date

2004

Country of regulation

Luxembourg

Country of regulation

UK, Bulgaria, Cyprus

BGL BNP Paribas

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

Trading 212

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

*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.

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