LYNX Forex Broker

LYNX Review Summary Founded1990 Registered Country/RegionNetherlands RegulationNo regulation Market InstrumentsOptions, shares, futures, forex, penny stocks, ETFs, CFDs Account TypeMargin account, cash account Trading PlatformTWS Trading platform, LYNX+ Platform Min DepositEUR 3,000 Customer SupportPhone: +31 (0)20 6251524 Email: info@lynx.nl Physical Address: LYNX BV, Herengracht 527, 1017 BV, AmsterdamLYNX Information LYNX, founded in 1990, is a brokerage registered in Netherlands. The trading instruments it provides cover options, shares, futures, forex, penny stocks, ETFs, CFDs. It offers 2 types of accounts and 2 trading platforms. But it is unregulated.Pros and Cons Pros Cons Various instrumentsNo regulation 2 trading platforms supportedLimited withdrawal options and delaysIs LYNX Legit? It is clear that LYNX, which was registered in 1990 and is currently unregulated, is insecure.What Can I Trade on LYNX? LYNX offers traders the opportunity to trade options, shares, futures, forex, penny stocks, ETFs, CFDs. Tradable Instruments Supported Options✔ Shares✔ Futures✔ Forex✔ Penny stocks✔ ETFs✔ CFDs✔ Commodities❌ Cryptocurrencies❌ Indices❌Account Types LYNX offers 2 different types of accounts to traders - Margin account, Cash account. Account typeMargin accountCash account Minimum age21 years18 years Minimum depositEUR 3,000No Maximum lossMore than depositOnly deposit Account structureMultiple, namely a 'securities' segmentand possibly a CFD segmentSimple, namely only a 'securities' segmentLYNX Fees LYNX charges transparent and low fees. For European shares, LYNX charges 0.06% fees, which is more than EUR 6 but less than EUR 45. For US Stocks, LYNX charges 0.01 per share, which is more than USD 5 but less than 3%. And for Asian Equities (SEHK), LYNX charges 0.25% fees, which is more than HKD 50. InstrumentsSharesOptionsFutures FeesEuropean shares (TGATE):0.06% of the transaction value,min: EUR 6.00 / max: EUR 45.00AEX index options (FTA): EUR 0.99per contractAEX mini futures (FTA)(Symbol: MFA)EUR 0.50per contract US Stocks (NDAX):USD 0.01per share,min: USD 5.00 / max 3% of the transaction valueEuropean Equity Options (FTA):EUR 0.79per contractMicro E-mini futures (CME)(Symbol: MES | MNQ | M2K | MYM)USD 1.25per contract Asian Equities (SEHK)(in HKD)0.25% of the transaction value,min: HKD 50.00US Stock & Index Options (CBOE):USD 2.40per contractE-mini futures (CME)(Symbol: ES |NQ | 2K | YM)EUR 3.50per contractTrading Platform LYNX's trading platform is TWS Trading platform and LYNX+ Platform. Trading PlatformSupported Available Devices TWS Trading platform✔Web, Mobile LYNX+ Platform✔Web, Mobile MT4❌ MT5❌Deposit and Withdrawal LYNX supports SEPA for traders to make deposits or withdrawals. But there is no more information about withdrawal fees.