Company profile
LYNX Review SummaryFounded2006Registered CountryNetherlandsRegulationCNB (regulated)Market InstrumentsCurrencies, CFDs, Stocks, ETFs, Options, Futures, Structured ProductsDemo Account❌Leverage/SpreadFrom 0.1 pipsTrading PlatformLYNX+ Platform, TWS Platform, Mobile APP, API SolutionsMinimum 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. Though it lacks demo or Islamic accounts, it offers several professional trading platforms.Pros and ConsProsConsRegulated by Czech National BankNo demo or Islamic accountAccess to 150+ markets in 30+ countriesMinimum deposit not mentionedRaw spreads from 0.1 pip, no hidden feesSwap/overnight fees not transparently listedOnly bank transfer supportedIs LYNX Legit? LYNX is a regulated broker licensed by the Czech National Bank 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 InstrumentSupportedCurrencies✔Structured Products✔Futures✔CFDs✔Options✔Stocks✔ETFs✔Commodities❌Cryptos❌Bonds❌Account Types 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.BrokerSpreads (from)FeesRemarksLYNX0.1 pipsNo spread markup, no hidden feesReal-time interbank quotes from 17 major FX banksTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable ForLYNX+ Platform✔Web browser (desktop & mobile)/Mobile Trading App✔iOS, Android smartphones/TWS Platform✔Desktop (Windows/macOS)/API Solutions✔Custom platforms / integrations/MetaTrader (MT4/MT5)❌//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.Deposit MethodMinimum DepositFeesProcessing TimeBank Transfer (via Client Portal)Not mentionedFree from LYNX side; bank fees may applyTypically 1–2 business days (depends on bank and currency)Withdrawal MethodMinimum WithdrawalFeesProcessing TimeBank Transfer (via Client Portal)Not mentioned1st withdrawal/month free; extra withdrawals subject to local branch tariffs1–2 business days after confirmation
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