BNP Paribas Guide – Read our In-Depth BNP Paribas Review
BNP Paribas Rating: 5.78 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
This BNP Paribas review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this BNP Paribas review does not apply to users in BR, KR, IR, IQ, SY, JP, US
If you are a new entrant in the world of trading and broker, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You'll acquire adept at all of the concepts of broker since you keep trading. For starters, you have to select the right broker who will be clear with you always.
In this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally lead investment plan will create hefty returns. BNP Paribas is one such platform that will take you and your investment into great heights. It is important to know about BNP Paribas before you trust them with your cash.
BNP Paribas Guide – Brief Summary
BNP Paribas Telephone Number:
BNP Paribas Email Address:
BNP Paribas Address:
Financial Conduct Authority (FCA)
Number Of Clients:
10,000+ BNP Paribas users and traders
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BNP Paribas Facebook Likes:
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Your capital is at risk
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|Number Of Clients:||10,000+ BNP Paribas users and traders|
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Your capital is at risk
Our entire BNP Paribas Review covers all you need to learn about trading with BNP Paribas. A good agent can multiply your initial investments and give you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investment objectives.
There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully assess your broker before you select them. It is a frequent misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
BNP Paribas is a broker which has forged its way successfully into the broker world. Within this review, we have attempted to collate a number of the vital facets of BNP Paribas. This review can help you to understand whether BNP Paribas is a fantastic fit for your investments or not. We've tried to breakdown all of the features and fees for your advantage.
BNP Paribas Review, Table Of Contents
- Who are BNP Paribas?
- Benefits Of Trading With BNP Paribas
- Everything you should know about trading with BNP Paribas
- Is BNP Paribas Safe To Trade With?
- BNP Paribas Risk Disclaimer
- Pro's & Con's Of Trading With BNP Paribas
- Compare Brokers Similar To BNP Paribas
- Regulation And Licencing In More Detail
- BNP Paribas Awards
- Minimum Deposit Required For A Live Account With BNP Paribas
- BNP Paribas Commission And Fees Explained
- Compare broker fees against BNP Paribas
- BNP Paribas Withdrawal Fees Explained
- BNP Paribas Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With BNP Paribas?
- Alternatives To BNP Paribas
- Frequently Asked Questions About BNP Paribas
Who are BNP Paribas?
BNP Paribas is a forex broker headquartered in UK and provides a range of instruments for trading. Since its establishment in 2004, BNP Paribas has emerged as a top-tier player in the field of online broker. BNP Paribas includes an extremely competitive and full-featured trading website that is focused on forex, indices, metals, stocks and commodities.
Over the past 17 years, BNP Paribas has grown into one of the leading online brokers.
After establishing in 2004, their consumer base is becoming as large as 10,000+ clients.
BNP Paribas is the favourite of many dealers.. Our BNP Paribas review discovered that they're an excellent alternative for automated trading solutions. It is most appropriate for investors who are searching for an assortment of assets. Social and automated trading options are the core at BNP Paribas.
Technology plays a significant role at BNP Paribas. BNP Paribas offers trading on iPhone/iPad,Mac,Desktop,. BNP Paribas is fair, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The educational section at BNP Paribas is very enlightening for new traders since it allows them to get a closer look at the financial markets. BNP Paribas caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.
BNP Paribas Videos
If you feel that BNP Paribas is not right for you then at the bottom of this BNP Paribas review you wil find a lot of alternatives to BNP Paribas.
Everything you should know about trading with BNP Paribas
BNP Paribas is a lively platform that offers various methods of online trading. These tools cover the monetary markets considerably. Most of the brokerage platforms offer fewer approaches than BNP Paribas
If you want to trade with BNP Paribas, you will need a minimum deposit of $100. This deposit is compulsory if you want to begin trading with BNP Paribas. This 2021 BNP Paribas review will guide you safely about trading with them.
BNP Paribas is as flexible as another broker platform. BNP Paribas is ideal for traders who want a manageable selection of low-cost services. The platforms offered by BNP Paribas are third party, white-label offerings. All traders may select out of iPhone/iPad,Mac,Desktop,.
Along with everything, BNP Paribas has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade has to be kept available. The brokers offer premium customer service that rewards clients with advantages.
Many unprofessional brokers try to pressurise customers into bigger financing for superior services. BNP Paribas, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more benefits will become available.
BNP Paribas accounts are available around the world and provides quality service everywhere they have customers. There are only a select few countries where BNP Paribas accounts are not available. Traders in the following countries cannot open or use a BNP Paribas account:
BR, KR, IR, IQ, SY, JP, US
Is BNP Paribas Safe To Trade With?
Established in 2004, BNP Paribas has been operating for 17 years, they are headquarted in UK.
BNP Paribas is regulated by Financial Conduct Authority (FCA). These figures have rules that make sure that trading platforms have ploicies in place to maintain investor's assets procured. This usually means that BNP Paribas users do not need to worry about their money since it is segregated and safely stored in established banks. SSL encryption secures every user's personal information as well.
You can make use of an option for 2 Factor Authentications (2FA) with BNP Paribas for heightened safety. An SMS for the verification code will be sent to your mobile phone. You'll be required to input this code to log in to your account.
Another concern with fiscal brokers with regards to safety may be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is much more prevalent in the case of Market Maker brokers who compete with users on the platform.
BNP Paribas Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With BNP Paribas
Every online trading platform has some pros and cons BNP Paribas review would be complete without having a balanced approach. This BNP Paribas review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
BNP Paribas Pro's
- BNP Paribas is trusted by 10,000+ clients
- BNP Paribas offers Guaranteed Stop Loss
- BNP Paribas has low minimum deposit requirements
- BNP Paribas doesn't charge withdrawal fees
- BNP Paribas doesn't charge inactivity fees
- BNP Paribas doesn't charge deposit fees
- BNP Paribas offers copy trading
- BNP Paribas offer trading on iPhone/iPad,Mac,Desktop,
- BNP Paribas offer 60 trading instruments
- BNP Paribas can communicate in English, and Chinese
BNP Paribas Con's
- BNP Paribas does not offer Negative Balance Protection
- BNP Paribas doesn't trade major forex pairs
- BNP Paribas doesn't trade minor forex pairs
- BNP Paribas doesn't trade exotic forex pairs
- BNP Paribas doesn't offer trading on cryptocurrencies
- BNP Paribas charge CFD fees
- BNP Paribas doesn't offer social trading
- BNP Paribas doesn't offer trailing stop
BNP Paribas Review - Compare Brokers Similar To BNP Paribas
|BNP Paribas||UFX||Trade.com||WIT Invest|
|Rating||5.78 / 10||4.73 / 10||4.93 / 10||2.91 / 10|
|Headquarters||UK||Republic of Vanuatu||Cyprus, UK||Saint Vincent and the Grenadines|
|Regulated By||Financial Conduct Authority (FCA)||Cyprus Securities and Exchange Commission (CySEC)||Cyprus Securities and Exchange Commission (CySEC)||Unregulated|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Your capital is at risk||Your capital is at risk|
BNP Paribas Review - Regulation And Licencing In More Detail
BNP Paribas is regulated by Financial Conduct Authority (FCA).
BNP Paribas, as a business, has a powerful collection of rules for ensuring honest trading onto its platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
BNP Paribas Review - AwardsAt the time of writing this BNP Paribas review, and despite BNP Paribas’s impressive offering, the company has surprisingly not garnered any other awards to date.
BNP Paribas Trading Platforms
BNP Paribas are a trustworthy brokerage that has been trading for over 17 years. They offer a wide range of options in their user accounts.
In the following table we take the main parts of any reputable online broker and compare BNP Paribas against UFX, Trade.com, and WIT Invest
BNP Paribas Review - Minimum Deposit Required
The minimum deposit that you need to get started on BNP Paribas is $100. This is a decent amount for people just beginning. You can create more complex deposits as you cooperate. But, ensure that you understand how to make the most of your money before investing larger amounts.
BNP Paribas Review - Commission And Fees Explained
BNP Paribas is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the number of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 different types of penalties for this objective.
The first sort of fees to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are charged trading charges. In such instances, you're paying a spread, financing rate, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight rates are those who are billed when you hold a leveraged position for longer than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake in your accounts. They are charged for services like depositing money, not trading for long periods, or withdrawals.
Generally, BNP Paribas doesn't charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for people who often exchange, such as daily or weekly trading.
But, non-trading fees charged by BNP Paribas are comparatively greater. As a result, you are charged more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This BNP Paribas review breaks down every one of the relevant non-trading charges for you in detail.
Compare broker fees against BNP Paribas
BNP Paribas Review - Withdrawal Fees ExplainedBNP Paribas doesn't charge withdrawal fees
Withdrawal of cash is possible at any moment from your BNP Paribas account. You can draw sums up to the sum of your account balance, keeping aside the margin utilized. One thing to keep in mind is that you don't necessarily need to have any cash on your accounts.
Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn cash will be sent into the card. BNP Paribas will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the currency you're opting to withdraw in.
BNP Paribas Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your mind when open an account with BNP Paribas. An inactivity fee is an amount charged to registered traders who have not participated in buying or selling for some time. The period considered inactive is decided by the broker.
The inactivity fee also differs from 1 agent to another and isn't standardized. If a dealers account does not have a buying or selling trade, it's maintained by the agent as an inactivity charge. The traders need to pay this commission under terms and conditions that they had agreed while enrolling.
BNP Paribas doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no charges are indicated by BNP Paribas, it is better for you to close the account if you are inactive. Inactivity fees aren't just charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is exposed to many circumstances and needs to be revealed clearly by the agent beforehand.
BNP Paribas Review - Deposit Fees Explained
When you transfer money in your trading account from your bank account, a deposit fee can be billed by the broker. Most brokers don't charge too much money for this particular operation.
BNP Paribas doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the BNP Paribas trading platform is easy. You just need to finish a single-user profile questionnaire to start depositing money into your trading account. You'll have to give an identity evidence and proof of residency to deposit large sums.
BNP Paribas Review - Compare Broker Deposit Methods
What Can You Trade With BNP Paribas?
Note: BNP Paribas provides many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered can be different based on the country of residence of the client.
BNP Paribas has a wide variety of over 60 instruments available for you to trade with.
If trading currency pairs is of interest to you then BNP Paribas offer over forex pairs.
Compare BNP Paribas, UFX, Trade.com & WIT Invest below.
Reviewing The BNP Paribas Mobile App
Note: BNP Paribas's mobile app has many functions and is being constantly improved. The below information was correct at the time of writing this BNP Paribas review.
Understand the capabilities of the mobile apps of BNP Paribas, UFX, Trade.com & WIT Invest below.
Alternatives To BNP Paribas
If, after reading this BNP Paribas review, they do not quite meet your needs check out these BNP Paribas alternatives.
We've scoured the internet to find the best alternatives to BNP Paribas. Click the hyperlinks below to find out more.
Frequently Asked Questions about BNP Paribas
Can I try BNP Paribas before I buy?
Yes, you can most definitely try BNP Paribas before you buy. BNP Paribas offers demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you sign up to get a demonstration account on BNP Paribas, you may set out with a decent amount of virtual currency. It's to establish a sense of safety and confidence in you before you choose to spend your own money.
With this digital BNP Paribasdemo account, you can experiment in any way, to whatever period you desire. You can even start positions, test different trading approaches, and more.
BNP Paribas specifies on its official site that you can exchange real time stocks with your demo account.
Is BNP Paribas safe?
It is possible to drop all your worries because we believe that BNP Paribas is perfectly safe to use. It's in compliance with the rules of Financial Conduct Authority (FCA).
Fortunately, BNP Paribas provides assured stop-loss protection.
Why does BNP Paribas ask for my passport?
The reason that BNP Paribas asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, BNP Paribas has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, BNP Paribas must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with BNP Paribas?
The process to start trading withBNP Paribas is perhaps simple enough to be a cakewalk. You need to begin by signing up on the BNP Paribas website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with BNP Paribas is $100. You should have a good understanding of the details of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with BNP Paribas.
The best way to kickstart your trading career with BNP Paribas is to open a demo account facility before risking any real money
What funding methods do BNP Paribas accept?
There are a number of methods to finance your accounts with BNP Paribas. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You have to keep in mind that PayPal isn't available in all country. The currencies BNP Paribas
Is my money safe with BNP Paribas?
Yes, your money is safe and protected with BNP Paribas. As you already know, BNP Paribas works with proper conformation to. It has established plenty of measures to guard all of its investors.
BNP Paribas safeguards its clients' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further protect your account, it is possible to enable Two-Step Verification as well. It takes an SMS confirmation that you access your accounts.
Is BNP Paribas trading good?
Yes, trading via BNP Paribas is a pleasant and good experience indeed. It's a great and intuitive platform with useful features for your ease. In addition, you could even gain access to a vast selection of educational resources and assistive substance to kickstart your trading expertise.
If you are still skeptical, it is possible to open a eToro demo account and assess the credibility of the platform for yourself.
Which Countries does BNP Paribas support?
BNP Paribas operates across the globe. However, due to regulations there are some countries that BNP Paribas cannot accept clients from BR, KR, IR, IQ, SY, JP, US
Is BNP Paribas legit?
BNP Paribas is a legit company headquarted in UK since 2004. They are regulated by Financial Conduct Authority (FCA). BNP Paribas is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is BNP Paribas a good broker?
BNP Paribas is a great agent, and its users may vouch for it. The highlight of this platform is its fast order execution on transactions.
You'll find the clean design of this platform along with the commendable features that a pleasure to work with.
Is BNP Paribas a trustworthy broker?
Yes, BNP Paribas is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for BNP Paribas?
The minimum deposit to open a live account with BNP Paribas is $100
How long do BNP Paribas withdrawals take?
Normally, withdrawal of money from BNP Paribas is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from BNP Paribas to show in your bank account.
Are BNP Paribas regulated?
BNP Paribas are regulated by Financial Conduct Authority (FCA)
Is BNP Paribas a market leading broker?
BNP Paribas is currently among the industry leaders. It supports over 10,000+ registered users and over 17 years of experience on its record. They're among the world's leading trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this status to its unbelievable platform and broad range of tools plus resources so that you may put money into capital markets.
Is BNP Paribas a con?
No, BNP Paribas is not a con. They are regulated by Financial Conduct Authority (FCA) and must adhere to their rules. Thus, it is safe to say that BNP Paribas is not a scam.
Can you make money with BNP Paribas?
Using BNP Paribas, several traders earn a great deal of money. However, on average, through continual trading, you also can create between 2% - 10% profit a month.
This may seem to be a little number, but over the entire year, this adds to a significant amount of gains. While BNP Paribas provide you all the tools to earn money, they cannot guarantee you will profit.
Does BNP Paribas have fees?
Yes. To begin trading with BNP Paribas, you have to deposit $100. Particular commissions while trading also applies. Any processing fees from your bank might have to be incurred by you.
When was BNP Paribas founded?
BNP Paribas was founded in 2004 in UK. BNP Paribas is regulated by Financial Conduct Authority (FCA).
How many people use BNP Paribas?
BNP Paribas is a worldwide recognised agent with 10,000+ clients.
Where is the BNP Paribas head office?
BNP Paribas has its head office in UK
Does BNP Paribas offer negative balance protection?
No. BNP Paribas doesn't offer negative balance protection. If your balance is unfavorable, BNP Paribas indicates you contact customer services. With this, you are able to fix any imbalances within your account.
Does BNP Paribas offer guaranteed stop loss?
Yes, BNP Paribas provide a guaranteed Stop Loss order.
If there's absolutely no free margin left together with the client, BNP Paribas will cease your own positions. If the losses in the ceased out position exceeds your account balance, you may experience a negative account balance.
Does BNP Paribas allow scalping?Yes, BNP Paribas do allow scalping. Several traders across the world choose BNP Paribas for their scalping services. They offer trading on iPhone/iPad,Mac,Desktop, which allow this.
Does BNP Paribas allow hedging?
Yes, BNP Paribas does allow hedging.
Can you trade energies with BNP Paribas?
No, unfortunately you cannot trade energy stock with BNP Paribas
Can you trade agricultural shares with BNP Paribas?
No, unfortunately you cannot trade agricultural stock with BNP Paribas
Can you trade cryptocurrency with BNP Paribas?
No, unfortunately you cannot trade cryptocurrency with BNP Paribas
Can you trade metals with BNP Paribas?
No, unfortunately you cannot trade metals with BNP Paribas
Can you trade UK Shares with BNP Paribas?
No, unfortunately you cannot trade UK shares with BNP Paribas
Can you trade US Shares with BNP Paribas?
No, unfortunately you cannot trade US shares with BNP Paribas
Can you trade Japanese Shares with BNP Paribas?
No, unfortunately you cannot trade Japanese shares with BNP Paribas
Can you trade German Shares with BNP Paribas?
No, unfortunately you cannot trade German shares with BNP Paribas
Does BNP Paribas accept bank transfers?
Yes, BNP Paribas accepts bank transfers for depositing money.
Does BNP Paribas accept credit cards?
Yes, BNP Paribas accepts credit cards for depositing money.
Does BNP Paribas accept PayPal?
No, BNP Paribas does not accept PayPal.
Does BNP Paribas accept Skrill?
No, BNP Paribas does not accept Skrill.
Does BNP Paribas accept Payoneer?
Yes, BNP Paribas accepts Payoneer for depositing money.
Does BNP Paribas accept Neteller?
No, BNP Paribas does not accept Neteller.
Does BNP Paribas offer Live Chat customer support?
Yes, BNP Paribas offers customer support through live chat.
Does BNP Paribas offer phone customer support?
Yes, BNP Paribas offers customer support over the telephone.
Does BNP Paribas offer email customer support?
Yes, BNP Paribas offers customer support through email.
What languages can BNP Paribas communicate in?
BNP Paribas has the ability to communicate and support customers who speak: English, and Chinese
Does BNP Paribas have a wikipedia page?
No, BNP Paribas does not have an official wikipedia page.
Does BNP Paribas offer demo accounts?
Yes, BNP Paribas offers virtual portfolio accounts so you can learn their systems before risking any real money. Inexperienced traders can open a virtual portfolio account in order to become better acquainted with the areas of Forex trading and test out some of BNP Paribas's features before signing up for a live account.