BNP Paribas vs XTB, Who's The Best?
Read our In-Depth BNP Paribas vs XTB Review - Updated for 2024
This review comparing BNP Paribas and XTB has been updated for 2024 by industry experts with extensive financial experience in Forex, Social Trading, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of BNP Paribas vs XTB does not apply to all countries as follows:
BNP Paribas Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
XTB Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare BNP Paribas vs XTB
Every trading platforms has a few advantages and disadvantages, so any comprehensive review of BNP Paribas and XTB cannnot be regarded as thorough without adopting a balanced approach.
Assess BNP Paribas and XTB to understand just how they stack up against one another before you choose to make an account. Performing a side-by-side comparison will bring aspects in perspective in order that you're aware of what you should anticipate.
So you are looking for a reputable broker and are choosing between BNP Paribas or XTB. Who is better in 2024?
Our BNP Paribas vs XTB comparison contains the most recent information so you can easily compare XTB against BNP Paribas.
If you are a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire adept at all the concepts of brokerage since you keep trading. For starters, you have to choose the right agent who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment plan has the potential to create hefty returns. BNP Paribas and XTB are two such trading platforms that will take you and your investment to great heights. It is crucial to compare BNP Paribas vs XTB until you trust them with your cash.
Our BNP Paribas vs XTB comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust BNP Paribas and XTB side by side.
Our full BNP Paribas vs XTB Review covers all you will need to learn about trading with either BNP Paribas or XTB. A good broker can multiply your initial investments and give you positive profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investing objectives.
There is no sure-fire way to guarantee profits; therefore, you should carefully assess your agent before you choose them. It's a common misconception that all brokers are exactly the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
BNP Paribas and XTB are both brokers that have found their way successfully into the brokerage world. In this review, we've tried to collate some of the vital aspects of both BNP Paribas and XTB. This review can allow you to understand whether either XTB or BNP Paribas is a good fit for your own investments or not. We have tried to breakdown all of the features and fees for your convenience.
Benefits of BNP Paribas and XTB Compared
BNP Paribas has a minimum deposit of $100 while XTB has a $0 minimum deposit.
Why smaller minimum deposits are good and how BNP Paribas and XTB compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
BNP Paribas allows you to trade around 60 financial instruments while XTB allows you to trade around 60 available.
The more instruments you can trade on the BNP Paribas and XTB platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of BNP Paribas or XTB.
BNP Paribas and XTB Contact Details
Being able to contact an online trading platform easily is vital. BNP Paribas and XTB have the following contact details and social medias that you can use.
Broker | BNP Paribas | XTB |
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Telephone Number | 020 3695 3085 | |
uksales@xtb.com | ||
Address | Level 9, One Canada Square, Canary Wharf, E14 5AA | |
BNP Paribas Twitter Account | XTB Twitter Account | |
BNP Paribas Facebook Page | XTB Facebook Page | |
BNP Paribas Instagram Account | XTB Instagram Account | |
BNP Paribas LinkedIn Page | XTB LinkedIn Page | |
YouTube | BNP Paribas YouTube Channel | XTB YouTube Channel |
Find Out More |
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XTB and BNP Paribas Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing BNP Paribas and XTB will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
BNP Paribas vs XTB - Awards
Broker | BNP Paribas | XTB |
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Awards | At the time of writing this BNP Paribas review, and despite BNP Paribas’s impressive offering, the company has surprisingly not garnered any awards to date. |
XTB have won a lot of industry awards over the years they have been operating as an online broker. We detail the most recognised awards for XTB below.
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Find Out More |
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BNP Paribas vs XTB - Frequently Asked Questions
BNP Paribas vs XTB - Headquarters And Year Of Founding
BNP Paribas was founded in 2004 and has its head office in UK.
XTB was founded in 2002 and has its headquaters in Poland.
What is the minimum deposit for XTB or BNP Paribas
The minimum deposit for BNP Paribas is $100.
The minimum deposit for XTB is $0.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both BNP Paribas and XTB are a good choice.
BNP Paribas vs XTB - Regulation And Licencing In More Detail
BNP Paribas is regulated by Financial Conduct Authority (FCA).
XTB is regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego.
Both BNP Paribas and XTB have a strong set of rules for ensuring honest trading onto their own platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare BNP Paribas vs XTB Commission And Fees
BNP Paribas and XTB are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. In other words, an online broker isn't necessarily influenced by the amount of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 types of penalties for this objective.
The first sort of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In these instances, you are spending a spread, funding rate, or even a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling price. Financing or overnight rates are people who are billed when you hold a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake on your account. They are billed for operations like depositing money, not trading for long periods, or withdrawals.
In general, neither BNP Paribas or XTB charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller amount. This is beneficial for those who often exchange, such as weekly or daily trading.
But, non-trading fees charged by BNP Paribas and XTB are comparatively higher. As a result, you are charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not about the sale and purchase of resources.
This BNP Paribas vs XTB review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For BNP Paribas And XTB
What Languages Do BNP Paribas And XTB Support?
Being able to talk completely with your online platform is a key way of comparing trading platforms to find your perfect broker. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading online.
Below you can find all the languages that both BNP Paribas and XTB support.
How Many Clients Do BNP Paribas and XTB Have?
Both BNP Paribas and XTB are well established with their client base. It is important to work with an online broker you can trust and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients BNP Paribas and XTB are working with
What Payment Methods Do BNP Paribas and XTB Accept?
BNP Paribas and XTB both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at BNP Paribas and XTB
What Can You Trade With BNP Paribas and XTB?
BNP Paribas offers 60 trading instruments while XTB offers 1,500.
Below you will find a full breakdown of what both BNP Paribas and XTB offer.
BNP Paribas Review
BNP Paribas vs XTB:
Table Of Contents
- Compare BNP Paribas vs XTB
- Benefits of BNP Paribas and XTB Compared
- XTB and BNP Paribas Mobile App Comparison
- BNP Paribas vs XTB - Awards
- BNP Paribas vs XTB - Frequently Asked Questions
- What is the minimum deposit for XTB or BNP Paribas
- BNP Paribas vs XTB - Regulation And Licencing In More Detail
- Compare Broker Fees For BNP Paribas And XTB
- What Languages Do BNP Paribas And XTB Support?
- How Many Clients Do BNP Paribas and XTB Have?
- What Payment Methods Do BNP Paribas and XTB Accept?
- What Can You Trade With BNP Paribas and XTB?