Lynx does offer a Demo Account. Only one platform, namely the Account Management platform, can be tested on the demo account at this stage.
LYNX at a Glance
| 🔎 Broker's Name | LYNX |
| 📍 Headquartered | Amsterdam, Netherlands |
| 📅 Year Founded | 2006 |
| ⚖️ Regulating Authorities | AFM, BaFin, FCA, FINRA |
| 🌐 Countries not accepted for trade | The United States and many other countries |
| ☪️ Islamic account (swap-free) | No |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 40:1 |
| 💰 Minimum Deposit | $ 3000 / R54 232,05 |
| 💳 Deposit Options | Only bank transfers |
| 💳 Withdrawal Options | Only bank transfers |
| 💻 Platform Types | LYNX Basic and Account Management |
| 📱 OS Compatibility | Windows, Macintosh OS, and Linux iOS and Android |
| 📈 Tradable assets offered | Forex, Stock, ETF, Fund, Bond, Options, Futures, CFD, Crypto |
| 👨💼 Languages supported on Website | Dutch |
| 👥 Customer Support Languages | Mainly Dutch |
| 📆 Customer Service Hours | Working days from 08:00 to 22:00 |
| 🚀 Open an Account | 👉 Click Here |
Min Deposit
EUR 3,000
Regulators
AFM, DNB
Trading Platform
LYNX Basic and Account Management
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
LYNX Demo account – 8 key points quick overview:
LYNX at a Glance- LYNX Demo account – 8 key points quick overview:
- How to set up a LYNX Demo Account – Step by Step
- LYNX Demo Account Features
- LYNX Customer Reviews
- LYNX Pros and Cons
- Conclusion
- Frequently Asked Questions
How to set up a LYNX Demo Account – Step by Step
Opening a demo account with Lynx is a relatively simple process, which will consist of the following steps:
Step 1 – Open Your Account
- Visit the Lynx website
- Click on “Open an Account” in the top right-hand corner of the website
Step 2 – Fill out the form
- You will be prompted to select your country of residence. These are limited to a few European countries.
- Select the option to open a demo account, and complete the registration form
- Once you have read and accepted the terms and conditions, you can submit your registration form
- Upon acceptance of your demo account registration, the broker will send you a link to open your free demo account and start risk-free practice trading
Step 3 –Submit your Registration
- Once you have read and accepted the terms and conditions, you can submit your registration form
- Upon acceptance of your demo account registration, the broker will send you a link to open your free demo account and start risk-free practice trading
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money.
A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
Min Deposit
EUR 3,000
Regulators
AFM, DNB
Trading Platform
LYNX Basic and Account Management
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
LYNX Demo Account Features
The Lynx demo account is relatively limited and is only available as a Desktop option. Only one platform, namely the Account Management platform, can be tested on the demo account at this stage.
The demo account from Lynx is funded with virtual currency and allows traders to test the broker’s features before signing up for a real account.
LYNX Customer Reviews
Outstanding personal care
Lynx Basic is a clear excellent platform for me. Above all, I appreciate the extraordinary personal contact, which leaves no questions unanswered. Highly recommended.
Lynx Broker’s service is well-organized, friendly, and helpful. great
The Lynx broker service is very easy to reach during business hours.
The employees have in-depth knowledge and with their very friendly nature and direct access to my screen, all questions relating to trading can be discussed.
Thumbs up.
I am very happy with Lynx
I am very satisfied with Lynx, the customer service is excellent and there is a lot of useful information about trading and videos to make the trading platform better. I highly recommend it.
LYNX Pros and Cons
| ✔️ Pros | ❌ Cons |
| Easy demo account sign up process | Limited demo account features |
Conclusion
The Lynx does offer a Demo Account. Only one platform, namely the Account Management platform, can be tested on the demo account at this stage.
You might also like: LYNX Review
You might also like: Lynx Account Types
You might also like: Lynx Fees and Spreads
You might also like: Lynx Minimum Deposit
You might also like: Lynx Sign-up Bonus
Frequently Asked Questions
Is Lynx a good option for beginner traders?
Yes, with its excellent trading platform options, good customer support, low minimum deposit, and a very easy account opening process, Lynx is considered a good option for newbie traders.
Is the Lynx demo account the same as a real trading account?
No, the Lynx demo account differs from the broker’s real live trading accounts in that it is funded with virtual funds and its main use is for practice trading to familiarize yourself with the Lynx trading environment.
For how long is the demo account valid?
The demo account from Lynx does not feature an expiry date. However, most demo accounts expire within 30 days
Which live trading accounts does Lynx offer?
Lynx offers three account types, namely the Individual, Joint, and Corporate accounts. These are each tailored to specific client needs and therefore will feature differing account conditions.
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