BNP Paribas
Forex.com
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Overview
BNP Paribas was founded in 2004 and is headquartered in UK, while Forex.com was established in 2001 and is based in United States. Both brokers are regulated by Financial Conduct Authority (FCA), among other authorities. BNP Paribas serves 10,000+ clients worldwide; Forex.com has 150,000+. The minimum deposit is $100 at BNP Paribas and Typical at Forex.com.
| Feature | BNP Paribas | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Regulation | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) |
| Founded | 2004 | 2001 |
| Country | UK | United States |
| Clients | 10,000+ | 150,000+ |
Fees
Fees are a critical factor when choosing between BNP Paribas and Forex.com, directly affecting your bottom line as a trader. BNP Paribas has a lower barrier to entry with a minimum deposit of $100 (vs Typical at Forex.com). Forex.com charges withdrawal fees while BNP Paribas does not, giving BNP Paribas an edge for frequent withdrawers. Forex.com applies inactivity fees on dormant accounts; BNP Paribas does not. Forex.com charges deposit fees; BNP Paribas does not. Overall, BNP Paribas scores higher on fees in our assessment.
| Feature | BNP Paribas | Forex.com |
|---|---|---|
| Min. Deposit | $100 | Typical |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
BNP Paribas offers MT4, MT5, cTrader, while Forex.com supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | BNP Paribas | Forex.com |
|---|---|---|
| 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, | MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BNP Paribas and Forex.com compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. BNP Paribas scores higher overall in education and research.
| Feature | BNP Paribas | Forex.com |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
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 Forex.com supports 3 (bank transfer, credit/debit card, PayPal). Forex.com uniquely supports PayPal among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.
| Feature | BNP Paribas | Forex.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| 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 Forex.com offer live chat support. Both provide phone support. Email support is available at both brokers. BNP Paribas supports 2 languages and Forex.com supports 3, giving Forex.com broader global reach. Both brokers are comparable on support quality.
| Feature | BNP Paribas | Forex.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese, Arabic |