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Compare BGL BNP Paribas vs XM


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

BGL BNP Paribas vs XM
overall rating
2.8 / 5.0
4.4 / 5.0
overall pros
  • Good stock market coverage
  • High investor protection
  • Low trading fees
  • Easy and fast account opening
  • Great educational tools
overall cons
  • High fees
  • Complicated account opening
  • Limited research tools
  • Only CFDs and forex offered
  • Limited research tools
  • Inactivity fee
fees
1 stars
  • Transparent fee structure
  • High trading fees
  • High non-trading fees
  • Withdrawal fee
  • Inactivity fee
4 stars
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
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
5 stars
  • Fast account opening
  • Fully digital account opening
  • Very low minimum deposit
deposit and withdrawal
1 stars
  • No deposit fee
  • Not user-friendly
  • Only bank transfer
5 stars
  • Credit/Debit card deposit and withdrawal
  • No deposit fee
  • Quick funding and withdrawal -within 3 days
  • $15 fee for withdrawals less than $200
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)
3 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Wide variety of languages
  • No two-step (safe) login
  • No price alerts
  • Does not look nice
mobile trading platform
3 stars
  • Two-step (safe) login
  • Good search function
  • Not user-friendly
  • Limited order types
  • No price alerts
4 stars
  • User-friendly
  • Looks nice
  • Available in several languages
  • No two-step (safe) login
desktop trading platform
-
3 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Available in several languages
  • No two-step (safe) login
  • Does not look nice
markets and products
2 stars
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
1 stars
  • Forex
  • CFD
  • Crypto
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
3 stars
  • Many technical-based analyzes
  • Great economic calendar
  • No fundamental data available
  • Missing news
customer service
1 stars
  • English, French and German customer support
  • No live chat
  • Irrelevant answers
  • Not reliable email support
4 stars
  • Live chat
  • Fast response time
  • Available in local languages
  • Missing 24/7
  • Sometimes irrelevant answers
education
0 stars
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Missing written education content
  • 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
  • Does not hold a banking license
  • 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 and CFD traders looking for MetaTrader platforms and low trading fees