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BNP Paribas Guide – Read our In-Depth BNP Paribas Review

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 US users.

This BNP Paribas review contains the most recent information about BNP Paribas.

If you are a new entrant in the world of trading and brokerage, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive knowledge. You'll acquire proficient at all of the concepts of broker since you keep trading. For starters, you have to choose the ideal broker who'll be clear with you constantly.

Within this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally lead investment program will generate hefty returns. BNP Paribas is one such platform that will take you and your investment to great heights. It's important that you understand about BNP Paribas before you trust them with your money.

BNP Paribas review

Our entire BNP Paribas Review covers all you will need to know about trading with BNP Paribas. A fantastic broker can multiply your first investments and give you favorable profits. If you would like to make profits, you must trade with a broker service that contrasts with your investment objectives.

There is no sure-fire way to ensure profits; thus, you must carefully assess your broker before you select them. It is a frequent misconception that all brokers will be exactly the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.

BNP Paribas is a broker which has found its way successfully to the broker world. In this review, we have tried to collate a number of the important aspects of BNP Paribas. This review can allow you to know whether BNP Paribas is a good match for your investments or not. We have attempted to breakdown all the qualities and charges for your convenience.

BNP Paribas Review, Table Of Contents

Who are BNP Paribas?

BNP Paribas is a foreign exchange broker headquartered in UK and provides a range of instruments for online trading. Since its inception in 2004, BNP Paribas has emerged as a top-tier player in the industry of online brokerage. BNP Paribas includes a highly competitive and full-featured trading website that is focused on forex, indices, metals, shares, commodities.

Over the past 17 years, BNP Paribas has grown into one of the leading online brokers.

After establishing in 2004, their customer base is becoming as large as 10,000+ clients.

BNP Paribas is a favorite of many dealers.. Our BNP Paribas review found that they are an excellent alternative for automated trading options. They're most appropriate for investors who are looking for a variety of assets. Social and automated trading options are the heart at BNP Paribas.

Technology plays a significant role in BNP Paribas. BNP Paribas offers trading on iPhone/iPad,Mac,Desktop,. BNP Paribas is honest, transparent, and a well-regulated agent by the Financial Conduct Authority (FCA). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.

The educational section at BNP Paribas is quite enlightening for new dealers as it allows them to get a closer look in the financial markets. BNP Paribas caters to all types of traders and are a must-have broker for any well-diversified method of trading.

Benefits of doing online trading with BNP Paribas?

Trading with BNP Paribas includes many advantages. These benefits are what sets BNP Paribas apart from all other online agents. You need to check all the benefits listed so that you have a better comprehension of BNP Paribas.

The agent goes to great lengths to understand what dealers want. As a result, the support price is low, fast, and convenient. The broker also gives a number of programs for all types of traders. BNP Paribas ensures that the individual needs of all traders are completely met.

BNP Paribas also features excellent trading conditions which are readily available to just an elite class of institutional customers. The tight spreads and fast executions are a great advantage for those traders. The technology adopted by BNP Paribas is among the maximum caliber, making sure that it's fast, reliable, and effective.

BNP Paribas acknowledges the importance of having a quick order execution. A quick implementation will allow users to exchange without fretting about slippage safely. It will also aid the dealers to catch the maximum profitable opportunities.

Automated trading is another major aspect of BNP Paribas. A new trader can learn from industry experts utilizing the automated trading option. The tight spread begins from as low as 0.0 pips, though they are available for only razor accounts.

BNP Paribas has over 60 trading instruments to support all kinds of traders. These instruments are dynamic and suitable for both the new and experienced traders. The traders can set aside all their worries when trading using BNP Paribas.

BNP Paribas overview

Year Founded: 2004

Regulated By: Financial Conduct Authority (FCA)

Hedquarters: UK

Minimum Deposit: $100

Number Of Clients: 10,000+

Your capital is at risk

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.

What you ought to know about trading with BNP Paribas

BNP Paribas is a dynamic platform that offers various methods of trading. These tools cover the monetary markets considerably. Most of the brokerage platforms offer fewer methods than BNP Paribas

If you want to exchange with BNP Paribas, you will need a minimum deposit of $100. This deposit is compulsory if you would like to begin trading using BNP Paribas. This 2021 BNP Paribas review will guide you clearly about trading with them.

BNP Paribas is as flexible as another brokerage platform. BNP Paribas is ideal for traders that want a manageable array of low-cost services. The platforms provided by BNP Paribas are third-party, white-label offerings. All traders may choose out of iPhone/iPad,Mac,Desktop,.

Along with everything, BNP Paribas has multiple benefits to new and verteran traders and should be investigated. There's no minimum time on which a trade must be kept open. The agents offer premium customer service which rewards customers with advantages.

Many less reputable brokers try to pressurise consumers into bigger financing for premium services. BNP Paribas, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the greater benefits will come along.

BNP Paribas accounts are available globally and provides excellent service wherever they have clients. 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:

Is BNP Paribas Safe To Trade With?

Launched in 2006, BNP Paribas has been in operation for 17 years, they have a head office 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 resources procured. This means that BNP Paribas users don't need to worry about their money since it's segregated and safely kept in established banks. SSL encryption simplifies each user's personal information also.

You are able to make use of an option for 2 Factor Authentications (2FA) with BNP Paribas for increased security. An SMS for the confirmation code will be sent to your mobile phone. You will be asked to input this code to log in to your account.

Another concern with fiscal brokers is in respect to safety may be manipulation of trading. This is highly disadvantageous for users on those platforms. Nonetheless, this is more widespread in the example of Market Maker agents who compete with users on the platform.

Pro's & Con's Of Trading With BNP Paribas

Every online trading platform will have some pros and cons BNP Paribas review would be complete without showing both sides. 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 doesn't charge inactivity fees
  • BNP Paribas doesn't charge deposit fees
  • BNP Paribas doesn't charge CFD fees
  • BNP Paribas offer trading on iPhone/iPad,Mac,Desktop,
  • BNP Paribas offer 60 trading instruments
  • BNP Paribas can communicate in

BNP Paribas Con's

  • BNP Paribas does not offer Negative Balance Protection
  • BNP Paribas does not offer Guaranteed Stop Loss
  • BNP Paribas charge withdrawal fees
  • 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 Review - Compare Brokers Similar To BNP Paribas

BNP Paribas Forest Park FX Commonwealth Securities Alfa Forex
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $100 $10 $5000 $0
Year Founded 2004 2008 1999 2011
Headquarters UK United Kingdom Australia Cyprus
Regulated By Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) Cyprus Securities and Exchange Commission (CySEC) Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)
Clients 10,000+ 10,000+ 10,000+ 10,000+
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 company, has a powerful collection of rules for ensuring fair trading on its platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).

As per the company's privacy regulations, client data is never to be shared with some other institutions or individuals. This includes credit history and other financial details.

BNP Paribas Review - Awards

    At the time of writing this BNP Paribas review, they had not received any awards.

BNP Paribas Review - Minimum Deposit Required

The minimum deposit that you must deposit to get started on BNP Paribas is $100. This is an adequate amount for people just starting out. It's possible to make more advanced deposits as you cooperate. However, make certain you know how to make the most of your money before investing in larger amounts.

BNP Paribas Review - Commission And Fees Explained

BNP Paribas is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of clients they have.

However, this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 different types of fees for this purpose.

The first kind of fees to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you're spending a spread, financing speed, or a commission. The sorts of trading fees and the prices differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people who are billed when you maintain a leveraged position for more than a day.

Aside from trading fees, online agents also bill non-trading fees. These are determined by the actions you undertake in your accounts. They are charged for operations like depositing money, not investing for lengthy periods, or withdrawals.

In general, BNP Paribas doesn't charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for people who regularly exchange, for example daily or weekly trading.

However, non-trading fees charged by BNP Paribas are comparatively competitive. As a result, you are billed more for non-trading activities on your trading accounts, such as deposits and withdrawal. These are not about the purchase and sale 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 Forest Park FX Commonwealth Securities Alfa Forex
Minimum Deposit $100 $10 $5000 $0
Withdrawal Fees variable 2.50% variable variable
Inactivity Fees
Deposit Fees
CFD Fees

BNP Paribas Review - Withdrawal Fees Explained

BNP Paribas charges a withdrawal fee if you create a bank transfer. Every time you move money back into your bank account, these withdrawal fees become important.

Withdrawal of money is possible at any time from the BNP Paribas account. It's possible to draw sums up to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don't necessarily have to have any cash in your accounts.

Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Thus, if you used a credit card for deposits, the withdrawn cash is going to be sent to the card. BNP Paribas will ask you to provide other withdrawal methods in case your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you are withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you're opting to withdraw in.

BNP Paribas Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of the 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 haven't participated in buying or selling for a while. The period considered inactive is decided by the broker.

The inactivity fee also differs from 1 broker to another and isn't generalized. If a dealers account does not have a buying or selling trade, it is claimed by the agent as an inactivity charge. The traders need to pay this fee under conditions and terms that they had consented while registering.

BNP Paribas doesn't charge inactivity fees so you are free to utilize your account as needed

Even if no charges have been indicated by BNP Paribas, it is better for you to close the account if you're inactive. Inactivity fees aren't only charged by broker companies but also many financial services.

For additional trading platforms, the inactivity fee is contingent on the sort of account you have selected. The inactivity fee is subjected to many circumstances and needs to be disclosed clearly by the broker beforehand.

BNP Paribas Review - Deposit Fees Explained

When you transfer money in your trading account from the bank account, a deposit fee can be billed by the broker. Most brokers do not 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 simple. You simply have to finish a single-user profile survey 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

BNP Paribas Forest Park FX Commonwealth Securities Alfa Forex
Minimum Deposit $100 $10 $5000 $0
Credit Card

What Can You trade With BNP Paribas?

Note: BNP Paribas provides a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will differ 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 forex pairs is of interest to you then BNP Paribas offer over currency pairs.

Compare BNP Paribas, Forest Park FX, Commonwealth Securities & Alfa Forex below.

BNP Paribas Forest Park FX Commonwealth Securities Alfa Forex
Platforms iPhone/iPad, Mac, Desktop, MT4, Forex Trader Pro, Desktop, Web, Mobile Metatrader 4 - desktop, iOS and Android versions available. MT4
Instruments Available 60 102 79 30
Forex & Crypto
Forex Pairs Available
Offers Major Forex Pairs? No Yes Yes Yes
Offers Minor Forex Pairs? No No No Yes
Offers Exotic Forex Pairs? NO No No Yes
Offers Cryptocurrencies? NO No No No
Commodity CFD's
Commodities Offered 0 0 0 0
Trade Metals? No Yes Yes Yes
Trade Energies? No Yes Yes Yes
Trade Agricultural? No Yes Yes Yes
Indiced & Stock CFDs
Stocks Offered 0 0 0
Trade UK Shares? No No No Yes
Trade US Shares? NO Yes No No
Trade German Shares? No No No No
Trade Japanese Shares? No No No No

Your capital is at risk

Your capital is at risk

Your capital is at risk

Your capital is at risk

Alternatives To BNP Paribas

If, after studying this BNP Paribas review, BNP Paribas doesn't meet your requirements check out these BNP Paribas alternatives.

We have scoured the internet to find the best alternatives to BNP Paribas. Click on the hyperlinks below to learn more.

Frequently Asked Questions about BNP Paribas

Can I try BNP Paribas before I buy?

Yes, you can most certainly try BNP Paribas before you buy. BNP Paribas provides demo accounts for the ease of new traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.

If you register for a demonstration account on BNP Paribas, you may set out with a decent amount of virtual currency. It is to establish a feeling of safety and confidence in you until you decide to invest your own money.

With this virtual BNP Paribasdemo account, you are able to experiment at all, to whatever period you desire. You can even open positions, examine different trading strategies, and more.

BNP Paribas specifies on its official website which you can trade real time stocks in a demo account.

Is BNP Paribas safe?

It is possible to drop all of your worries because we believe that BNP Paribas is totally safe to use. It is in compliance with all the rules of Financial Conduct Authority (FCA).

Even so, BNP Paribas does not provide 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 acocunt with BNP Paribas is $100. You should have a good hold over the nuances 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 ways to fund your account 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 funds. You have to bear in mind that PayPal isn't available in every country. The currencies BNP Paribas

Is my money safe with BNP Paribas?

Yes, your money is safe and secure with BNP Paribas. As you know, BNP Paribas operates with proper conformation to. It has established lots of measures to guard all its own investors.

BNP Paribas protects its customers' 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, you can enable Two-Step Verification also. It takes an SMS confirmation for you to access your accounts.

Is BNP Paribas trading good?

Yes, trading via BNP Paribas is a nice and decent experience indeed. It's an excellent and intuitive platform with helpful features for your ease. Moreover, you can even gain access to a vast collection of educational resources and assistive material to kickstart your trading experience.

If you remain skeptical, it is possible to open a eToro demo account and evaluate the credibility of the platform for yourself.

Which Countries does BNP Paribas support?

BNP Paribas operates around the globe. However, due to regulations there are some countries that BNP Paribas cannot accept clients from

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 an excellent broker, and its users can vouch for it. The highlight of the platform is its quick order execution on transactions.

You'll find the clean design of the 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 one of the business leaders. It has over 10,000+ registered users and over 17 years of expertise on its record. They are among the world's leading trading platforms and also a dominant figure in the Fintech revolution.

It majorly owes this status to its incredible platform and broad selection of resources plus tools so you may invest in 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?

Through BNP Paribas, several traders make a great deal of cash. But typically, through continual trading, you can make between 2% - 10% profit a month.

This may seem like a little number, but over the entire year, this adds to a significant amount of gains. Even though BNP Paribas provide you all of the tools to make money, they cannot guarantee that you will profit.

Does BNP Paribas have fees?

Yes. To start trading using BNP Paribas, you need to deposit $100. Certain commissions while trading also applies. Any processing fees from your bank might need 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 broker with 10,000+ customers.

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 does not offer negative balance protection. If your balance is unfavorable, BNP Paribas indicates that you promptly contact client services. With this, you are able to fix any imbalances in your account.

Does BNP Paribas offer guaranteed stop loss?

BNP Paribas regrettably, does not provide guaranteed stop loss. BNP Paribas provides a chance to its traders to close their trade in their specified price. Apart from that, BNP Paribas does not offer guaranteed stop loss.

Does BNP Paribas allow scalping?

Yes, BNP Paribas do allow scalping. Several traders throughout 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?

No, BNP Paribas does not accept bank transfers.

Does BNP Paribas accept credit cards?

No, BNP Paribas does not accept credit cards.

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?

No, BNP Paribas does not accept Payoneer.

Does BNP Paribas accept Neteller?

No, BNP Paribas does not accept Neteller.

Does BNP Paribas offer Live Chat customer support?

No, BNP Paribas does not offer customer support through live chat.

Does BNP Paribas offer phone customer support?

No, BNP Paribas does not offer customer support over the telephone.

Does BNP Paribas offer email customer support?

No, BNP Paribas does not offer customer support through email.

What languages can BNP Paribas communicate in?

BNP Paribas has the ability to communicate and support customers who speak:

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 demo accounts so you can learn their systems before risking any real money.