All Share (J203) = 89 713
Rand / Dollar = 18.25
Rand / Pound = 23.61
Rand / Euro = 19.69
Gold (usd/oz) = 3 025.15
Platinum (usd/oz) = 971.50
Brent (usd/barrel) = 73.36
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

LYNX – Fees and Spreads

LYNX Fees and Spreads

 

LYNX Fees and Spreads are relatively competitive, starting at 0.1 pip for major currency pairs. This is in line with most leading Forex brokers and should allow for affordable trading for most retail and professional traders.

 

LYNX at a Glance

 

🔎 Broker's NameLYNX
📍 HeadquarteredAmsterdam, Netherlands
📅 Year Founded2006
⚖️ Regulating AuthoritiesAFM, BaFin, FCA, FINRA
🌐 Countries not accepted for tradeThe United States and many other countries
☪️ Islamic account (swap-free)No
👍 Demo AccountYes
📊 Institutional AccountsYes
📊 Managed AccountsYes
📈 Maximum Leverage40:1
💰 Minimum Deposit$ 3000 / R54 232,05
💳 Deposit OptionsOnly bank transfers
💳 Withdrawal OptionsOnly bank transfers
💻 Platform TypesLYNX Basic and Account Management
📱 OS CompatibilityWindows, Macintosh OS, and Linux

iOS and Android
📈 Tradable assets offeredForex, Stock, ETF, Fund, Bond, Options, Futures, CFD, Crypto
👨‍💼 Languages supported on WebsiteDutch
👥 Customer Support LanguagesMainly Dutch
📆 Customer Service HoursWorking 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 Fees and spreads – 9 key points quick overview:

 

  1. ✔️LYNX at a Glance
  2. ✔️LYNX Fees and spreads – 9 key points quick overview:
  3. ✔️LYNX Fees and Spreads
  4. LYNX Additional Trading Fees
  5. LYNX Broker Fees
  6. LYNX Customer Reviews
  7. LYNX Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

LYNX Fees and Spreads

 

LYNX Cost and Fees, Commissions and Spreads

 

📍Traders with Lynx can expect the following spread list:

➡️ The spread offering from Lynx is relatively competitive, starting at 0.1 pip for major currency pairs. This is in line with most leading Forex brokers and should allow for affordable trading for most retail and professional traders.

➡️ Lynx also charges commissions on non-Forex instruments, such as bonds and ETFs. These commissions will vary depending on the instrument and volume traded and can be viewed directly on the broker’s website.

 

LYNX Additional Trading Fees

 

LYNX Additional Trading Fees

 

Lynx does not charge deposit fees or withdrawal fees, although your payment processor may charge a fee that is beyond the broker’s control. There are also no additional charges such as inactivity fees on dormant accounts.

 

Lynx does charge several other non-trading fees, which include an inactivity fee on dormant accounts, as well as swap fees, which are also referred to as overnight fees.

 

A swap or rollover fee is the net interest return on a currency position held overnight by a trader. That is, when trading currencies, an investor borrows one currency to buy another. The interest paid, or earned, for holding the position overnight is called the rollover rate.

 

Unfortunately, Lynx does not offer a swap-free account for Islamic traders, for whom the such interest is strictly prohibited by Sharia law.

 

LYNX Broker Fees

 

Traders should also be sure to check with the client support or account manager on any additional broker fees which may be waived by their financial institution.

 

As already noted, traders may be subjected to currency conversion fees should they transfer fees in a currency that is different from their account base currency.

 

As Lynx is not a spread betting broker, and so spread betting fees will not apply.

 

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 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 - Fees and Spreads

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.

LYNX - Fees and Spreads

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 - Fees and Spreads

Lynx Customer Reviews

LYNX Pros and Cons

 

✔️ Pros❌ Cons
Competitive spreadsNo Islamic Account available
No deposit or withdrawal fees
Competitive, variable commissions

 

Conclusion

 

Lynx Fees and Spreads are relatively competitive, starting at 0.1 pip for major currency pairs. This is in line with most leading Forex brokers and should allow for affordable trading for most retail and professional traders.

 

You might also like: LYNX Review

You might also like: Lynx Account Types

You might also like: Lynx Demo Account

You might also like: Lynx Minimum Deposit

You might also like: Lynx Sign-up Bonus

 

Frequently Asked Questions

 

How do Lynx fees and spreads compare to similar brokers?

LYNX forex fees are high but still lower when compared to a similar broker such as  Comdirect.

 

Does spread betting cost apply to Lynx?

Lynx charges a commission fee with spreads from 0.1 pips.

 

Does Lynx Broker charge inactivity fees?

Lynx charges an inactive fee of $6.12 per month.

 

Does Lynx charge overnight Fees?

If you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points. Non-trading fees: these occur when you deposit and withdraw funds, or if you don’t use your account for a certain period.

 

Will I have to pay any deposit or withdrawal fees with Lynx?

Lynx does charge deposit fees on bank transfers but does not charge withdrawal fees.

 

4.3/5 - (15 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

March 8, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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