LYNX 2025 Review: Everything You Need to Know
In 2025, LYNX continues to position itself as a reputable online broker, primarily catering to experienced traders in Europe. The platform is praised for its wide array of trading instruments and competitive fees, but it also faces criticism regarding its high minimum deposit requirements and limited customer support hours.
Note: It is important to highlight that LYNX operates under different regulatory entities depending on the region, which may affect available services and trading conditions for users in various countries.
Ratings Overview
We evaluate brokers based on user feedback, expert opinions, and factual data from multiple sources.
Broker Overview
Founded in 2006, LYNX is a Dutch online brokerage firm headquartered in Amsterdam. It operates as an introducing broker for Interactive Brokers, which allows it to offer a broad range of trading products, including stocks, options, futures, ETFs, and forex. The platform is regulated by the Dutch Authority for the Financial Markets (AFM) and the Dutch Central Bank (DNB), ensuring that it adheres to strict financial regulations.
LYNX provides access to its proprietary trading platform, LYNX Basic, as well as the advanced Trader Workstation (TWS) from Interactive Brokers. This dual-platform approach caters to both novice and experienced traders, offering a variety of tools and resources to facilitate trading.
Detailed Analysis
Regulatory Regions
LYNX operates primarily in the Netherlands and is regulated by the AFM. It also has a presence in Germany, Belgium, and the Czech Republic, where it is monitored by local regulatory bodies. This regulatory framework provides a layer of trust and security for traders, ensuring compliance with financial regulations.
Deposit/Withdrawal Currencies
The platform supports multiple base currencies, including EUR, USD, and GBP. However, deposits and withdrawals are limited to bank transfers, which can take up to four business days. This limitation may be a drawback for traders who prefer more flexible payment options.
Minimum Deposit
The minimum deposit requirement at LYNX is €3,000, which is relatively high compared to other brokers. This threshold may deter novice traders or those looking to start with a smaller investment.
Currently, LYNX does not offer any promotional bonuses or deposit incentives. However, it has an affiliate program that rewards users for referring new clients, which may appeal to existing customers looking to benefit from their network.
Tradable Asset Classes
LYNX offers a comprehensive range of assets, including stocks, options, futures, ETFs, forex, and commodities. This variety allows traders to diversify their portfolios and employ various trading strategies.
Costs (Spreads, Fees, Commissions)
Trading costs at LYNX are competitive, particularly for stock and ETF trading, with commissions starting at €5 for U.S. stocks. However, forex fees are considered higher than average, with spreads beginning at 0.1 pips. The platform also charges an inactivity fee after six months of no trading activity.
Leverage
The maximum leverage offered by LYNX is 1:40 for forex trading, which is in line with EU regulations. This leverage level may be lower than what some traders are accustomed to, particularly those from regions with less stringent regulations.
LYNX provides access to its proprietary platforms, including LYNX Basic and TWS. While TWS is designed for advanced traders, LYNX Basic offers a more straightforward interface suitable for beginners. However, the absence of popular platforms like MetaTrader 4 (MT4) may be a disadvantage for some traders.
Restricted Regions
LYNX does not accept clients from several countries, including the United States. This limitation may restrict access for traders looking for a European broker with comprehensive services.
Available Customer Support Languages
Customer support is primarily available in Dutch, with additional language support for English and German. However, support is limited to business hours, which may not cater to all traders, especially those in different time zones.
Summary Ratings
Detailed Breakdown
Account Conditions
The high minimum deposit of €3,000 is a significant barrier for many traders, especially beginners. However, LYNX offers both cash and margin accounts, allowing for flexibility in trading strategies.
The platform provides a variety of analytical tools and educational resources, including webinars and market analysis. The user-friendly interface of LYNX Basic makes it accessible for novice traders.
Customer Service and Support
Customer service is limited to business hours, which can be a drawback for traders needing assistance outside these times. However, the support team is generally responsive and knowledgeable.
Trading Experience
The dual-platform approach allows traders to choose between a basic and advanced trading environment, catering to different skill levels. The execution speed and range of available assets contribute positively to the trading experience.
Trustworthiness
LYNX is regulated by respected authorities, which enhances its credibility. The use of Interactive Brokers for asset management adds an additional layer of security for client funds.
User Experience
While the website and platforms are generally user-friendly, some users have reported difficulties navigating the more complex features of TWS. The lack of a live chat option may also hinder immediate assistance for users.
In conclusion, LYNX presents a solid option for experienced traders seeking a reliable broker with a broad range of assets and competitive trading conditions. However, the high minimum deposit and limited customer service hours may deter some potential clients. Overall, LYNX remains a noteworthy player in the online brokerage space, particularly for those familiar with active trading strategies.
