BNP Paribas
Valutrades
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Overview
BNP Paribas was founded in 2004 and is headquartered in UK, while Valutrades was established in 2008 and is based in UK. BNP Paribas holds licences including Financial Conduct Authority (FCA), while Valutrades is regulated by Unregulated among others. BNP Paribas serves 10,000+ clients worldwide; Valutrades has 10,000+. The minimum deposit is $100 at BNP Paribas and $0 at Valutrades.
| Feature | BNP Paribas | Valutrades |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Financial Conduct Authority (FCA) | Unregulated |
| Founded | 2004 | 2008 |
| Country | UK | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between BNP Paribas and Valutrades, directly affecting your bottom line as a trader. Valutrades has a lower barrier to entry with a minimum deposit of $0 (vs $100 at BNP Paribas). Neither broker charges withdrawal fees. Valutrades charges deposit fees; BNP Paribas does not. Overall, Valutrades scores higher on fees in our assessment.
| Feature | BNP Paribas | Valutrades |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | Yes | Yes |
Platforms
BNP Paribas offers MT4, MT5, cTrader, while Valutrades 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 | Valutrades |
|---|---|---|
| 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, | iPhone,iOS,Mac,iPad,Android,WEB |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how BNP Paribas and Valutrades 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 | Valutrades |
|---|---|---|
| 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 Valutrades supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | BNP Paribas | Valutrades |
|---|---|---|
| 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 Valutrades 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 | Valutrades |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |