What is the BNP Paribas Investors?
BNP Paribas Investors is the branch of investment in financial markets of the BNP Paribas group in Spain. This makes it one of the strongest and safest brokers on the market, as we are talking about one of the largest banking groups in Europe.
This broker has more than 12,000 clients in Spain, managing approximately 5% of the volume of the Spanish Stock Market.
BNP Paribas Investors offers a global service with access to all possible markets, including stocks, ETFs, warrants, futures, options, CFDs, forex, and more.
Likewise, the synergies with the BNP group allow the clients of this broker to have ease for everything related to Private Banking, Corporate finance, structured finance, insurance, real estate services, consumer and mortgage loans, etc.
Needless to say, this broker is fully regulated, both in Spain, France and the EU, but also fully protected by the French Deposit Guarantee Fund, by the parent company BNP.
For the shares, it offers access to the Spanish and European stock market, and as a noteworthy fact, it offers the possibility of operating on credit with its “Multiplica” and “intraday” accounts, and may have a credit line of up to € 600,000 in the first case, with 5 to 1 leverage.
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The platforms of this broker are Trader 2.0, the WebTrader, which is obviously online, and the well-known Visual Chart, one of the most prestigious platforms on the market, and focused on professional investors.
Open account with BNP Paribas Investors
The minimum deposit to open CFDs and forex accounts is USD 5,000 or equivalent. This amount may be made by bank transfer, as is usual in this type of broker.
The CFDs and Forex account is through Saxo Bank, so BNP acts as an introductory broker of the giant of the Danish derivatives markets.
The opening process is typical for such an entity. We will have to fill in our details and later send them as well as proof of residence and identity to the address provided by BNP.
BNP Paribas Investors Customer Service
As we can expect from a broker in this category, customer service will be first class, with the possibility of contacting by phone (902 50 50 50 Spain), email (firstname.lastname@example.org) or traditional mail.
BNP Paribas training
BNP Paribas Investors carries out free daily and weekly technical analyzes . It also provides macro analysis for its clients.
Being an institutional broker, it provides professional investment advisory services, for accounts of at least 30,000 euros, with which they can invest in various portfolios depending on the risk assumed.
BNP Paribas Investors Commissions
- Spain Shares : € 2.75 from 0 to 1,000; 4.75 from 1,001 to 2,500 €; 9.75 from € 2,505 to € 25,000; 0.10% more than 25,000.
- RV Spain custody commission : € 20 + quarterly VAT.
- France, Italy, Germany Stock Exchange : € 19.75 up to 25,000; 0.15% more than 25,001.
- International RV Stewardship Commission : 0.05% s / cash. Minimum € 20 + quarterly VAT.
- Warrants Spain : € 2.5 BNP issuer; 4.75 rest.
- Meff futures : € 6.5 IBEX, 2.45 Mini Ibex; € 1.6 shares, € 4 ten-year bond.
- Eurex futures : € 6.5 Dax, Stoxx; € 5 Bund, Bobl, Schatz.
- US futures : $ 6 E-mini SP, E-mini Nasdaq, E-mini oil, E-mini Dow.
- CFDs Shares : 0.02 cents / share and minimum $ 20 for the US; 0.10% Germany, France, Spain and a minimum of € 12.
- CFDs without indexes : In spread, 1 Nasdaq point; 3 Dax and CAC; 8 IBEX; 1 SP500.
- Forex : 3 pips AUDUSD; 2 pips EURUSD; 4 GBPUSD; 3 USDJPY; 0.6 XAUUSD. To add commission if operation <50,000 or 100,000 pcs.
A characteristic thing of BNP Paribas is that its commissions remain constant for many years without having changed practically anything from 2015 to 2018.
BNP Paribas markets
In Forex and CFDs it offers more than 7,000 shares and 160 currency pairs.
This offer has been strongly affected by ESMA regulations, which I will comment below.
As for warrants , BNP is one of the main brokers on the Spanish scene, which is easy to understand if we know that this is a speculative market dominated by large banks.
Products of this type include:
- Bonus Cap
- Turbo warrants
- inLine Warrants
- StayHigh and StayLow
BNP Paribas Investors Investment funds
One of the strengths of this broker is, undoubtedly, that related to investment funds, of which it is one of the great players not only in the Spanish but in the European market, since it has a very powerful presence in the French market.
If we can imagine all the managers that work in the Spanish market, we can be sure that BNP covers them, and of course, it is the issuer of these products.
At BNP Paribas Investors they offer you advice and facilities to transfer your funds from other entities.
This is a broker with quite a presence in the national and European equity markets .
One of the advantages provided by this broker is to operate with intraday leverage of up to 4: 1 in stocks, with its intraday credit program .
Another interesting program is the provision of a credit line called Cuenta Multiplica to operate with a leverage of up to 5: 1 in some 150 securities and with a ceiling of 600,000 euros.
Another product with a fairly extensive offer are ETFs and ETCs with which we can operate in the best conditions in the most popular in the European market.
BNP Paribas leverage
In July 2018, a new maximum leverage will begin to be applied to traders residing in Europe by ESMA regulations . The same, which will apply to Forex products and CFDs we have in the following table:
|Main Forex pairs||30: 1 or 3.33% margin|
|Main indices, gold and minor Forex pairs||20: 1 or 5% margin|
|Lower indices, commodities and exotic Forex pairs||10: 1 or 10% margin|
|Actions||5: 1 or 20% margin|
|Cryptocurrencies||2: 1 or 50% margin|
This leverage will only affect CFDs and Forex, and other products such as futures, are exempt from such regulation.
Review for BNP Paribas Personal Investors
This is another of the Spanish national brokers that offer extra security by belonging to one of the strongest banking groups in the world.
If what you are looking for is security against possible bankruptcies or any circumstance, this is one of the brokers to consider.
If BNP goes bankrupt and the clients do not recover the money, we can be sure that that day Europe has gone bankrupt.
As for commissions, you have acceptable prices to be a bank broker.
However, like many of the other traditional Spanish brokers, it is not a suitable broker for small trading or investment accounts, since it has considerable maintenance costs (for small accounts, not if it is large), and also charges commissions in operations of forex below 50 or 100 thousand units.
Therefore, it is more suitable for large accounts. Although its short-term commissions on Spanish stocks for small amounts can make it attractive for the frequent operation of the Spanish parquet.
BNP Paribas Investors reviews
As for the opinions that we can find on the net, what is typical with this type of broker.
Of course we will not find cases of scam or the type “did not return my money.”
We are facing an institutional and banking broker.
If we can see any problems regarding execution, delay in opening the account and such things. I repeat, typical stop in a broker that gives us so much security and guarantees.
As always, a good part of the opinions about this broker can be obtained at Rankia .
More information on the website .