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Fractional shares trading at BGL BNP Paribas

Your expert
Gyula L.
Fact checked by
Tamás D.
Updated
21h ago
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Data-driven
Independent

Can I buy fractional shares at BGL BNP Paribas as of December 2024?

No, fractional shares are not available at BGL BNP Paribas.

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At BrokerChooser, we only publish objective analyses based on live testing. Every recommendation is unbiased and based on first-hand experience: we open a live account anonymously at each broker, deposit real money and test every important feature.

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

Overall score
3.2/5
Minimum deposit
$52,500
Stock fee
High
Fund fee
Average
Inactivity fee
yes
Account opening
>3 days
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About diversification and fractional shares

You have probably heard the advice that it's a good idea to diversify your stock investments if you want to lower risk. Sounds easy, until you actually go on a trading platform and see the price stickers. How are you supposed to load up on a dozen different stocks when they each cost $200-300 but you have only $100 to invest?

Here's where fractional shares come in. Brokers where you can trade fractional shares allow you to buy just a tiny fraction of an otherwise expensive stock - sometimes as small as $1. So for your $100, you can in fact buy dozens of shares. The price of these fractional shares moves up or down just as that of the 'full' share.

Remember that fractional shares are a great way to diversify your stock portfolio, but they're only a possible first step to a fully diversified portfolio. For that, you'll need to also look at other asset types, such as bonds, commodities or ETFs. Keep in mind also that not all stockbrokers offer fractional shares yet.

To learn more, read our comprehensive guide to portfolio diversification, including pros, cons and the most popular strategies.

Is it worth buying fractional shares at BGL BNP Paribas?

Fractional shares are not available at BGL BNP Paribas
BGL BNP Paribas main highlights
💰 BGL BNP Paribas withdrawal fee $0
💰 BGL BNP Paribas minimum deposit $52,500
💰 BGL BNP Paribas inactivity fee Yes
📃 BGL BNP Paribas deposit methods Bank transfer, Credit/debit cards
🗺️ Country of regulation Luxembourg
🎮 BGL BNP Paribas demo account No

Data updated on December 11, 2024

To learn more, read our comprehensive guide to portfolio diversification, including pros, cons and the most popular strategies.

FAQ

Are fractional shares a good investment?

Individual shares are considered to be risky investments. However with a diversified portfolio you can reduce your risk. With fractional shares it is easier to build a diversified portfolio.

Are fractional shares good for beginners?

Fractional shares are great for beginners, since you can invest only a fraction of the money you would have to invest in a full share.

How does diversification protect investors?

The more assets you have in your portfolio, the less you will be affected overall by a drop in the price of a single asset. It is also a good idea to select assets from different sectors or industries; so that if there is a crisis in sector 'A' that would negatively impact all stocks in that industry, stocks in sector 'B' will still be unaffected.

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Further reading

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.

author
Gyula Lencsés, CFA
Author of this article
Gyula is a former analyst expert and Head of Content at BrokerChooser. With over a decade in finance, he led content creation at BrokerChooser and personally evaluated some of our 100+ listed brokers. He opened real-money accounts, executed transactions, and engaged with customer services, offering firsthand assessments. Prior to BrokerChooser, he managed mutual funds in wealth management, trading stocks, ETFs, bonds, commodities, forex, and derivatives. His goal: simplify the hunt for top brokers in a dynamic investment landscape.
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