BNP Paribas Review 2020

BNP Paribas Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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BNP Paribas Guide - Read our In Depth BNP Paribas Review

This BNP Paribas review was written by industry experts with over 20 years of financial experience in Forex trading, Social trading, Share Dealing.

What is BNP Paribas?

BNP Paribas are an a global online financial trading platform and multi asset broker founded in 2004

Over 16 years later BNP Paribas has grown to offering retail investors Forex trading, Social trading, and Share Dealing trading.

BNP Paribas are a global broker and have a head office in UK.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this BNP Paribas review and assess how well the BNP Paribas platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like BNP Paribas can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of BNP Paribas we breakdown the pros and cons. What BNP Paribas are able to offer, what countries BNP Paribas are available in. Who BNP Paribas are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this BNP Paribas review useful.

This review of the BNP Paribas platform is very detailed. If you are interested in trading with BNP Paribas in any capacity please take the time to read and research the whole BNP Paribas review.

We have tried to explain the ins and outs of financial trading through the BNP Paribas platform as plainly as possible so that you the trader are as informed as possible before you start to use the BNP Paribas trading tools and depositing and withdrawing funds from BNP Paribas.

Benefits of trading with BNP Paribas

Open BNP Paribas's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with BNP Paribas like Forex trading, Social trading, and Share Dealing trading. you should have confidence in BNP Paribas and know that the management of your financial investments on the BNP Paribas platform is in good hands.

At the bottom of this BNP Paribas review you can also learn about some pretty good alternatives to BNP Paribas

With this BNP Paribas review we hope to help you see if BNP Paribas is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding BNP Paribas that will help you get off to a good start in the world of online trading.

BNP Paribas Review Table of Contents

BNP Paribas review
BNP Paribas is a Multi-Assets Trading Platform with over 60+ Assets

Learn more about BNP Paribas. BNP Paribas is a multi asset platform with 60+ tradable Assets. Assets available on BNP Paribas include Forex trading, Social trading, Share Dealing.

BNP Paribas trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, Social trading, Share Dealing are considered financial assets.

BNP Paribas review
Features of BNP Paribas

BNP Paribas review
What you should know

BNP Paribas offer three ways to trade: Forex trading, Social trading, Share Dealing.

With BNP Paribas you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with BNP Paribas platform.

BNP Paribas are able to accommodate various levels of traders whether you are experienced or a beginner.

BNP Paribas review
Are BNP Paribas safe?

When choosing a broker like BNP Paribas the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2004, and in operation for 16 years BNP Paribas have a head office in UK.

BNP Paribas is regulated. This means BNP Paribas are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to BNP Paribas, this will be honored. If BNP Paribas violate any regulatory rules their regulated status could be stripped.

BNP Paribas review
Is my money safe with BNP Paribas?

Any payments funded to BNP Paribas accounts by traders are held in a segregated bank account.

For added security BNP Paribas use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should BNP Paribas use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in BNP Paribas deposited in a Tier 1 bank?

Having any money you deposit with BNP Paribas means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if BNP Paribas goes out of business for some reason.

Therefore, we can safely conclude that BNP Paribas is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, Social trading, Share Dealing is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. BNP Paribas also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding BNP Paribas. let us look at the BNP Paribas features in more detail.

Try creating two accounts when you are working with BNP Paribas. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit BNP Paribas

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How BNP Paribas as a Company Compare Against Other Brokers

Broker bnpparibas eToro IC Markets XTB
Year Established 2004 2006 2007 2002
Head Office UK Cyprus, UK Australia Poland
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ BNP Paribas users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit BNP Paribas Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BNP Paribas review
BNP Paribas Pros and Cons

What we like about BNP Paribas

  • Used by over 10,000 BNP Paribas users and traders
  • Established in 2004
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $100

What we don't like about BNP Paribas

BNP Paribas review
BNP Paribas Regulation and Licensing in more detail

We have checked and BNP Paribas is regulated and supervised by reputable organisations. You are able to check every BNP Paribas supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with BNP Paribas. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect BNP Paribas traders and provide a safe trading environment.

BNP Paribas is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as BNP Paribas you should be sure they're legitimate online agent.

BNP Paribas review
Is BNP Paribas Global?

Yes, BNP Paribas is global as BNP Paribas is available in over 194 countries.

BNP Paribas is a global trading platform in the sense that it operates in 194 nations including nations in Europe, Asia, Oceania, and Africa. Major countries BNP Paribas covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. BNP Paribas has a total of more than 10,000 users.

BNP Paribas review
BNP Paribas Fees Explained

  • BNP Paribas withdrawal fees varies on payment method
  • BNP Paribas does charge a fee for inactive accounts.
  • BNP Paribas does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How BNP Paribas Fees Compare Against Other Brokers

Broker bnpparibas eToro IC Markets XTB
Min Deposit 100 200 200 0
Withdrawal Fees varies Yes No varies
Inactivity Fees Yes No No
Deposit Fees No Varies No
CFD Commission Fees No Yes Yes

BNP Paribas review
BNP Paribas Minimum Deposit

BNP Paribas require a minimum desposit of 100 GBP/USD when opening an BNP Paribas trading account.

A minimum deposit is the minimum amount of money required by BNP Paribas to open a new online brokerage account with them.

Dont be scared off by brokers like BNP Paribas charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

BNP Paribas review
BNP Paribas Withdrawal Fees

BNP Paribas withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

BNP Paribas for example allow you to withdraw your funds to Bank Transfer.

BNP Paribas review
BNP Paribas Inactivity Fees

BNP Paribas does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

BNP Paribas review
BNP Paribas Desposit Fees

BNP Paribas does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

BNP Paribas review
BNP Paribas Commission Fees

BNP Paribas does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

BNP Paribas review
What can you trade with BNP Paribas?

Be aware that Different entities under BNP Paribas Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with BNP Paribas over 60 instruments infact.

If you are looking at trading currency pairs BNP Paribas offer over currency pairs.

Compare BNP Paribas with eToro and IC Markets below.

Your capital is at risk

How BNP Paribas Trading Options Compare Against Other Brokers

Broker bnpparibas eToro IC Markets XTB
Instruments Available 60 2000 232 4000
Platforms iPhone/iPad,Mac,Desktop, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs No Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs NO Yes Yes Yes
Cryptocurrencies NO Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals No Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares No Yes No Yes
US Shares NO Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit BNP Paribas
Your capital is at risk
Visit eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BNP Paribas review
Trading on BNP Paribas web platforms and other applications

BNP Paribas offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

An BNP Paribas IOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device

BNP Paribas also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.


See BNP Paribas's platforms

BNP Paribas review
Is the BNP Paribas Trading Platform Secure?

BNP Paribas safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. BNP Paribas also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating BNP Paribas.

BNP Paribas review
BNP Paribas Trading Platform Options

BNP Paribas does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

BNP Paribas offer an their own custom trading platform developed and tested in house. The BNP Paribas trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. The BNP Paribas platform allows traders to filter the financial marketplace for trade opportunities that match a criteria. With BNP Paribas you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the BNP Paribas platform including news and quotes. Discover possible trades with the strong charting tools found with BNP Paribas. BNP Paribas is available as downloadable applications or online through the cloud. Monitor your orders with BNP Paribas and receive breaking news in your positions.

BNP Paribas Trading benefits :

  • Low min deposit

BNP Paribas Trading Accounts Offered :

  • Demo account

Can I try BNP Paribas before I buy?

BNP Paribas offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

BNP Paribas withdrawal and funding methods.

Please note that the list of BNP Paribas payment methods below depend on the BNP Paribas Entity and the Clients Country of Residence.

BNP Paribas offer the below funding payment methods. learn more about BNP Paribas

BNP Paribas Payment Methods

  • BNP Paribas accepts Bank Transfer
Broker bnpparibas eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes No Yes
Neteller No Yes Yes Yes

How can I start trading with BNP Paribas?

When opening a trading account with BNP Paribas, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on BNP Paribas trading platforms here.

Your capital is at risk

Performing trades with BNP Paribas

BNP Paribas allow you to execute a minimum of trade of $6.95. This may vary depending on the account you open. BNP Paribas allow you to execute a maxium trade of varies.

As a market maker, BNP Paribas may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at BNP Paribas

To trade effectively with BNP Paribas, it's important to get a have a good understanding of the BNP Paribas trading tools and the markets.

BNP Paribas offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with BNP Paribas.

Take time to look around the BNP Paribas platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at BNP Paribas

BNP Paribas support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

BNP Paribas have a A grade support rating because BNP Paribas offer over three languages.

Livechat Support at BNP Paribas

We tested the BNP Paribas live chat and it works well. We sent messages to BNP Paribas livechat through their app and website and recieved a response within 8 minutes.

We tested communicating with BNP Paribas support in multiple languages in multiple countries. BNP Paribas where able to resolve our customer issues.

Email Support at BNP Paribas

We sent several emails to BNP Paribas and answer times overall were excellent. The fastest response from BNP Paribas was less than 40 minutes and the slowest response was 9 hours. Support response times may vary for you with BNP Paribas, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall good email support from BNP Paribas.

Phone Support at BNP Paribas

We called BNP Paribas and the call was answered very quickly. The call was answered in less than 5 minutes.

The BNP Paribas phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual BNP Paribas team by calling in varying languages. BNP Paribas made an effort to make sure our queries were answered.

Overall the phone support from BNP Paribas was okay.

See how BNP Paribas Support Compares Against Other Brokers

Broker bnpparibas eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit BNP Paribas Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with BNP Paribas

As BNP Paribas is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under BNP Paribas Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore BNP Paribas's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with BNP Paribas you can visit the BNP Paribas trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.bnpparibas.co.uk/ on November 25, 2020.

BNP Paribas review
Is BNP Paribas A Good Broker?

We spent over 3 months examining BNP Paribas in depth. Although we found some very useful aspects of the BNP Paribas platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative BNP Paribas broker.

  • BNP Paribas have a good track record of offering Forex trading, Social trading, Share Dealing.
  • BNP Paribas has a history of over 16 years.
  • BNP Paribas has a reasonable sized customer support of at least 10.
  • BNP Paribas are regulated by Financial Conduct Authority (FCA). This means BNP Paribas fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • BNP Paribas have regulation from a Tier 1 reputable country.
  • BNP Paribas has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • BNP Paribas have an international presence in multiple countries. This includes local BNP Paribas seminars and training.
  • BNP Paribas are able to hire people from various locations in the world who can better communicate in your local language.

BNP Paribas Risk Disclaimer

Your capital is at risk

BNP Paribas review
BNP Paribas not quite right?

If after reading this BNP Paribas review, BNP Paribas does not fulfill your needs check out these BNP Paribas Alternatives.

Click here to view the best BNP Paribas Alternatives

We have spent years researching the best alternatives to BNP Paribas. Click the links below to learn more.

If you feel some of the above BNP Paribas are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of BNP Paribas alternatives below.

BNP Paribas review
Related BNP Paribas Vs Comparisons

We have covered allot in this BNP Paribas review, If you want to see how BNP Paribas compares side by side with other brokers check out our BNP Paribas Vs pages.

If you would like to see how BNP Paribas stands up against other brokers you can read some of our BNP Paribas comparisons below. We compare side by side some of our top rated BNP Paribas versus comparisons. Read our indepth BNP Paribas VS pages below.

BNP Paribas review
BNP PARIBAS Frequently Asked Questions

Can I try BNP Paribas before I buy?

BNP Paribas offer a demo account so you can try the BNP Paribas platform before you put down a payment. Learn more here

What funding methods do BNP Paribas accept?

Please note that the list of payment methods below depend on the BNP Paribas Entity and the Clients Country of Residence.

BNP Paribas offer the following funding payment methods Bank Transfer, among other payment methods.
Learn more here

Your capital is at risk

Is BNP Paribas safe?

BNP Paribas are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). Any payments funded to BNP Paribas accounts by traders are held in a segregated bank account. For added security BNP Paribas use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is BNP Paribas trading good?

BNP Paribas is considered good and reputable to trade with BNP Paribas. BNP Paribas is used by over 10000 active traders and BNP Paribas users. BNP Paribas offers Forex trading, Social trading, and Share Dealing trading. Minimum deposit with BNP Paribas is 100.

Is BNP Paribas trading Legit?

BNP Paribas was founded in UK in 2004. BNP Paribas has been facilitating trade on the financial markets for over 16 years. BNP Paribas offers clients Forex trading, Social trading, and Share Dealing trading. All funds deposited to BNP Paribas are held in segregated tier 1 bank accounts for security. BNP Paribas is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is BNP Paribas a good broker?

BNP Paribas is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker. BNP Paribas allows Forex trading, Social trading, and Share Dealing trading.

Is BNP Paribas trustworthy broker?

BNP Paribas can be considered trustworthy. All money funded to BNP Paribas is placed into a segregated tier 1 bank account. this means your money in not held by BNP Paribas directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also BNP Paribas is regulated by Financial Conduct Authority (FCA).

What is the minimum deposit for BNP Paribas?

The minimum deposit to trade with BNP Paribas is 100.

How long do BNP Paribas withdrawals take?

Withdrawing money from BNP Paribas processing time varies but averages 2-5 days.

Is BNP Paribas regulated?

BNP Paribas is regulated by Financial Conduct Authority (FCA).

Is BNP Paribas a market maker?

BNP Paribas is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with BNP Paribas?

When opening a trading account with BNP Paribas, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on BNP Paribas trading platforms here.

Is my money safe with BNP Paribas?

BNP Paribas is regulated by Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like BNP Paribas is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to BNP Paribas, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is BNP Paribas a con?

BNP Paribas is regulated and well established having been in business for over 16 years. BNP Paribas is definitely not a con.

Can you make money with BNP Paribas?

Although traders have had great success with BNP Paribas. Trading on the financial markets with BNP Paribas is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does BNP Paribas have fees?

BNP Paribas withdrawal fees varies on payment method. BNP Paribas does charge a fee for inactive accounts. BNP Paribas does charge deposit fees.

When was BNP Paribas founded?

BNP Paribas was founded in 2004.

How many people use BNP Paribas?

BNP Paribas is used by over 10000 registered BNP Paribas users.

What is BNP Paribas Headquarters country?

BNP Paribas has its head quarters office in UK.

Does BNP Paribas offer negative balance protection?

BNP Paribas does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does BNP Paribas offer guaranteed stop loss?

BNP Paribas does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does BNP Paribas allow scalping?

BNP Paribas does not offer scalping.

Does BNP Paribas allow hedging?

BNP Paribas does not offer hedging.

Does BNP Paribas offer CFD trading?

BNP Paribas does not offer CFD trading.

Does BNP Paribas offer STP?

BNP Paribas does not offer STP trading.

How many people use BNP Paribas?

BNP Paribas is used by over 10000 BNP Paribas users and traders.

Is BNP Paribas an ECN broker?

BNP Paribas does not offer ECN trading.

Does BNP Paribas offer a demo account?

BNP Paribas offers a demo account.

Does BNP Paribas offer an Islamic account?

BNP Paribas does not offer Islamic accounts.

What are the funding methods for BNP Paribas?

BNP Paribas accept the following funding methods : Bank Transfer.

BNP Paribas review written by Andrew Blumer and Mark Hansen

We hope you found our review of the BNP Paribas brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

BNP Paribas review written by Mark Hansen of Comparebrokers.co