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LYNX Forex broker specializes in providing foreign exchange trading services, the company's official website https://www.lynxbrok..., the company's legitimate regulatory information Czech RepublicCNBRetail Forex License to enhance the security of the company's address Herengracht 527, 1017 BV, Amsterdam

LYNX Forex Broker

Basic Information

Registered Region
Netherlands
Operating Period
--
Company Name
LYNX BV
Abbreviation
LYNX
Company employee
--
Customer Service Email Address
info@lynxbroker.com
Contact Number
+310206251524
Company address
Herengracht 527, 1017 BV, Amsterdam
Keywords
10-15 years
Regulated in Czech Republic
Retail Forex License
Self-developed

Company profile

LYNX Review SummaryFounded2006Registered CountryNetherlandsRegulationCNBMarket InstrumentsCurrencies, CFDs, Stocks, ETFs, Options, FuturesDemo Account❌Leverage/SpreadFrom 0.1 pipsTrading PlatformLYNX+ Platform, TWS Platform, Mobile APPMinimum Deposit/Customer SupportPhone: +31 (0)20 6251524Email: info@lynxbroker.comLYNX Information Based in the Netherlands, LYNX is a licensed regulated internet broker of the Czech National Bank, launched in 2006. Covering a wide spectrum of instruments like FX, equities, futures, and ETFs, it provides access to more than 150 marketplaces across 30+ nations.Pros and ConsProsConsRegulated by Czech National BankNo demo or Islamic accountAccess to 150+ markets in 30+ countriesMinimum deposit not mentionedRaw spreads from 0.1 pips, no hidden feesSwap/overnight fees not transparently listedOnly bank transfer supportedIs LYNX Legit? LYNX is a regulated broker licensed by the Czech National Bank(CNB) with a Retail Forex License (License No. 02451778), active since August 28, 2013.What Can I Trade on LYNX? With access to more than 150 markets spread across 30+ nations, LYNX lets customers trade a broad spectrum of assets including stocks, ETFs, options, futures, currencies, CFDs, and structured products. Tradable InstrumentsSupportedCurrencies✔CFDs✔Stocks✔ETFs✔Options✔Futures✔Commodities❌Indices❌Cryptos❌Bonds❌Account Type LYNX has three primary kinds of live trading accounts: Individual, Joint, and Corporate. Furthermore, every account can be setup as either a Cash Account or a Margin Account, based on the trader's experience and product requirements. At the moment, LYNX lacks Islamic or demo accounts.LYNX Fees Especially for forex traders, LYNX's trading costs are reasonable in comparison to industry standards. It provides no spread markups or concealed costs, raw spreads as low as 0.1 pips. Usually modest non-trading expenses include free deposits and one monthly free withdrawal. Though not publicly specified, swap fees—or overnight fees—apply.Trading PlatformTrading PlatformSupportedAvailable DevicesLYNX+ Platform✔Web, Desktop, MobileMobile Trading App✔iOS, AndroidTWS Platform✔Desktop (Windows/macOS)Deposit and Withdrawal Processed through the Client Portal, LYNX provides bank transfer as the only means for deposits and withdrawals. The first monthly withdrawal is free; deposits incur no cost; bank fees could apply. Two-factor login must be used to manually start and verify deposits and withdrawals.Payment MethodDeposit FeesWithdrawal FeesProcessing TimeBank Transfer 01st withdrawal/month free1–2 business days

Rating Index

How to login to LYNX?
lynx Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a lynx Account To begin your journey with lynx, you first need to complete the registration process. Here is a detailed breakdown of the steps involved: Steps to Reg

  

LYNX Forex Broker - Comprehensive Information Guide

  

1. Broker Overview

  LYNX Broker, founded in 2006, is a prominent online brokerage firm based in Amsterdam, Netherlands. It operates as a private company and has grown significantly over the years, now serving over 60,000 investors across various European markets. LYNX has established itself as a key player in the financial services sector, focusing primarily on retail trading.

  The company has expanded its operations beyond the Netherlands, opening offices in Belgium, Germany, the Czech Republic, Finland, France, Poland, Slovakia, and Switzerland. This expansion reflects LYNX's commitment to providing access to a wide array of financial markets and instruments.

  LYNX operates as an introducing broker for Interactive Brokers, one of the largest brokerage firms in the world. This partnership allows LYNX to offer a diverse range of trading products and services, including stocks, options, futures, ETFs, and forex. The firm is particularly focused on catering to active and experienced traders who seek low-cost trading solutions and advanced trading tools.

  Over the years, LYNX has achieved several milestones, including recognition as the best Dutch broker in various categories, and has continuously worked to enhance its trading platform and customer service. The broker's business model is centered around providing retail forex and other trading services, ensuring that clients can trade efficiently and effectively.

  

2. Regulation and Compliance Information

  LYNX is regulated by several esteemed financial authorities, including:

  • Dutch Authority for the Financial Markets (AFM)
  • Dutch Central Bank (DNB)
  • Federal Financial Supervisory Authority (BaFin), Germany

  These regulatory bodies ensure that LYNX adheres to strict operational standards, protecting traders and their investments. The firm's regulatory license numbers include various identifiers specific to each authority, confirming its compliance with local laws.

  The licenses are valid for a range of financial services, including forex trading and investment in securities. LYNX operates under different legal entities depending on the jurisdiction, ensuring compliance with regional regulations.

  A critical aspect of LYNX's operations is its client fund segregation policy, which mandates that client funds are kept separate from the company's operational funds. This separation provides an added layer of security for clients, ensuring that their investments are protected even in the unlikely event of the company's insolvency.

  Additionally, LYNX participates in investor compensation schemes, safeguarding clients' funds up to €20,000 in the event of broker insolvency. The firm also follows stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, enhancing the security of its operations.

  

3. Trading Products and Services

  LYNX offers a comprehensive range of trading products, appealing to diverse trading strategies and preferences. The broker provides access to over 150 stock exchanges across 33 countries, allowing clients to trade a wide variety of assets.

  

Forex Trading

  LYNX enables trading in more than 50 currency pairs, including major, minor, and exotic pairs. The forex trading environment is designed for active traders, with competitive spreads starting from 0.5 pips.

  

CFD Products

  Clients can trade a diverse selection of Contracts for Difference (CFDs), including:

  • Indices
  • Commodities
  • Stocks
  • Cryptocurrencies

  LYNX continuously updates its product offerings, ensuring that clients have access to the latest financial instruments and market opportunities.

  

Special Products

  In addition to traditional assets, LYNX also provides access to unique products such as penny stocks and certificates, catering to traders seeking high-risk, high-reward opportunities.

  

Retail and Institutional Services

  LYNX primarily serves retail clients but also provides services tailored to institutional clients, including managed accounts and white-label solutions.

  

4. Trading Platforms and Technology

  LYNX is known for its advanced trading platforms, which cater to both novice and experienced traders. The primary trading platforms include:

  

Trader Workstation (TWS)

  This award-winning platform offers extensive features for active traders, including:

  • Advanced charting tools
  • Over 60 order types
  • Real-time data and market analysis

  TWS is compatible with Windows, Mac, and Linux operating systems, providing flexibility for users.

  

LYNX Basic

  This web-based platform allows users to trade directly from their browsers without the need for downloads. It is designed for ease of use, offering essential trading features and indicators.

  

Mobile Applications

  LYNX offers mobile trading applications for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go. The mobile app includes functionalities comparable to the desktop platform, ensuring that clients can stay connected to the markets at all times.

  

Execution Model

  LYNX operates on an ECN (Electronic Communications Network) execution model, ensuring fast and fair order execution without excessive spreads. This model is particularly beneficial for active traders who require immediate execution of their trades.

  

API Access

  For advanced traders, LYNX provides API access for automated trading, allowing users to implement their trading strategies programmatically.

  

5. Account Types and Trading Conditions

  LYNX offers several account types to meet the needs of different traders:

  

Standard Account Conditions

  • Minimum Deposit: €3,000
  • Spreads: Starting from 0.5 pips
  • Commission: Approximately $5 per trade for U.S. stocks

  

Advanced Account Types

  • VIP Accounts: Tailored for high-volume traders, offering additional benefits and lower fees.
  • Corporate Accounts: Designed for businesses and institutions, requiring a higher minimum deposit.

  

Special Accounts

  Currently, LYNX does not offer Islamic accounts but provides options for individual, joint, and corporate accounts.

  

Demo Account Policy

  LYNX offers a demo account with a virtual starting capital of $1 million, allowing prospective clients to practice trading without financial risk.

  

Leverage Ratios

  The maximum leverage available varies by asset class, with forex trading allowing leverage of up to 1:40.

  

Minimum Trading Lot Size

  The minimum trading lot size is typically set at 0.01, enabling traders to enter the market with smaller positions.

  

Overnight Fees

  LYNX applies overnight fees on leveraged positions, which are clearly outlined in the trading conditions.

  

6. Funds Management

  LYNX provides several options for deposit and withdrawal, ensuring flexibility for clients:

  

Supported Deposit Methods

  • Bank Transfer: The primary method for funding accounts, with no associated fees.
  • Credit/Debit Cards: Not widely supported, focusing mainly on bank transfers.

  

Minimum Deposit Requirements

  The minimum deposit for standard accounts is €3,000, which is relatively high compared to many competitors.

  

Deposit Processing Time

  Deposits typically take 1-3 business days to process, depending on the banking institutions involved.

  

Withdrawal Methods and Restrictions

  Withdrawals can only be made via bank transfer, and clients must ensure that the withdrawal account is in their name.

  

Withdrawal Processing Time

  Withdrawals are usually processed within 2-4 business days, with the first withdrawal of each month being free of charge.

  

Withdrawal Fee Structure

  Subsequent withdrawals may incur a fee, depending on the method used. LYNX maintains a transparent fee structure with no hidden costs.

  

7. Customer Support and Educational Resources

  LYNX places a strong emphasis on customer support, offering multiple channels for clients to seek assistance:

  

Support Channels

  • Phone Support: Available during business hours.
  • Email Support: Clients can expect responses within a few hours.
  • Live Chat: A convenient option for quick queries.

  

Service Hours

  Customer support operates Monday to Friday, from 8 AM to 8 PM (CET), providing coverage for most inquiries.

  

Multilingual Support

  LYNX supports multiple languages, including English, Dutch, German, and French, catering to its diverse client base.

  

Educational Resources

  LYNX offers a variety of educational materials, including:

  • Webinars: Covering trading strategies and platform usage.
  • Tutorials: Providing insights into market analysis and trading techniques.
  • Market Analysis Services: Regular updates on market trends, news, and research reports.

  

Trading Tools

  The platform provides various trading tools, including calculators for fees and profits, economic calendars, and market scanners to help traders make informed decisions.

  

8. Regional Coverage and Restrictions

  LYNX primarily serves clients in Europe, with a significant presence in countries such as the Netherlands, Germany, Belgium, and the Czech Republic. The firm has regional offices in several countries, ensuring localized support for its clients.

  

Countries Served

  LYNX caters to clients in various European nations, providing a wide range of investment options and services.

  

Regional Office Distribution

  The broker has established offices across Europe, enhancing its accessibility and client support capabilities.

  

Countries with Restrictions

  LYNX does not accept clients from certain countries, including the United States, Canada, and some others due to regulatory limitations.

  

Special Restrictions

  Clients should be aware of specific restrictions related to trading certain products based on their jurisdiction. Detailed information can be found on LYNX's official website.

  In conclusion, LYNX Broker is a well-regarded online trading platform that offers a diverse range of financial products and advanced trading tools. With its strong regulatory framework and commitment to client security, LYNX is positioned as a reputable choice for traders looking to navigate the global financial markets efficiently.

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Latest Reviews

FX1050238146

FX1050238146

Colombia

I think LYNX broker has advantages and disadvantages. For example, the leverage is only 1:30, which can control the risk of trading well. However, the MT4 and MT5 platforms are not provided, which means that users need to spend some time adjusting to this new platform.

Positive

2022-11-27

梦想2252

梦想2252

Singapore

Trading conditions on this platform seem quite average… I even have the interest to try it, I am an experienced trader, I just to say This platform is not my type, its customer support is terrible.

37130

2022-11-24

LYNX Forex Broker has an overall rating of 4.43, Regulatory Index 2.49, License Index 2.49, Business Index 8.22, Software Index 4.58 Risk Control Index 9.82.