BNP Paribas
Ellevest
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
BNP Paribas was founded in 2004 and is headquartered in UK, while Ellevest was established in 2008 and is based in USA. BNP Paribas holds licences including Financial Conduct Authority (FCA), while Ellevest is regulated by Unregulated among others. BNP Paribas serves 10,000+ clients worldwide; Ellevest has 10,000+. The minimum deposit is $100 at BNP Paribas and $1 at Ellevest.
| Feature | BNP Paribas | Ellevest |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2004 | 2008 |
| Country | UK | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BNP Paribas and Ellevest, directly affecting your bottom line as a trader. Ellevest has a lower barrier to entry with a minimum deposit of $1 (vs $100 at BNP Paribas). Ellevest charges withdrawal fees while BNP Paribas does not, giving BNP Paribas an edge for frequent withdrawers. Ellevest applies inactivity fees on dormant accounts; BNP Paribas does not. Ellevest charges deposit fees; BNP Paribas does not. The two brokers are broadly comparable on fee structure.
| Feature | BNP Paribas | Ellevest |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
BNP Paribas offers MT4, MT5, cTrader, while Ellevest supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. BNP Paribas supports social and copy trading features, which Ellevest does not offer. The two brokers are closely matched on platform offering.
| Feature | BNP Paribas | Ellevest |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | iPhone/iPad,Mac,Desktop, | Windows, Android, Mac OS, iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BNP Paribas and Ellevest compare. BNP Paribas runs regular live webinars; Ellevest does not. Both provide video tutorials. BNP Paribas publishes daily market commentary; Ellevest does not. Both integrate third-party research tools. BNP Paribas maintains an archive of past webinars for on-demand viewing. BNP Paribas scores higher overall in education and research.
| Feature | BNP Paribas | Ellevest |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. BNP Paribas accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Ellevest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | BNP Paribas | Ellevest |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both BNP Paribas and Ellevest offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | BNP Paribas | Ellevest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |