LYNX has a minimum deposit requirement of $ 3000 / R54 232,05. LYNX has a high minimum deposit and is geared towards handling the funds of advanced and high net-worth traders.
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 Minimum deposit – 9 key points quick overview:
LynX at a Glance- LynX Minimum deposit – 9 key points quick overview:
- LynX Minimum Deposit
- LynX Deposit fees and deposit methods
- LynX Step by step guide to depositing the minimum amount
- Lynx Customer Reviews
- LynX Pros and Cons
- Conclusion
- Frequently Asked Questions
LYNX Minimum Deposit
The minimum deposit amount required in order to open a broker account with Lynx is $ 3000 / R54 232,05, which is an exceedingly high minimum deposit requirement for many traders.
As such, most Forex brokers have a minimum deposit requirement of between $10 to $500, and the deposit required by Lynx would create a high barrier of entry to the most beginner or smaller retail traders.
LYNX Deposit fees and deposit methods
Lynx has a very limited selection of deposit methods, consisting of bank transfers only. This is likely due to the fact that the broker has a high minimum deposit and is geared towards handling the funds of advanced and high net-worth traders.
As such, a bank transfer is considered a more secure method for handling larger deposits and investment amounts.
Lynx does not charge deposit and withdrawal fees and has a wide selection of up to 21 deposit currencies, which include smaller currencies like the South African Rand (ZAR). This wide selection of deposit currencies means that most traders should be able to avoid conversion fees.
In terms of deposit security, your account is protected by very strict security measures against any unauthorized access. In addition, a transfer from your investment account to your contra account is only possible if you have verified the account number of the contra account.
The Lynx system continuously monitors all activities and only makes changes after you have personally verified them based on some security questions and/or security codes.
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 Step by step guide to depositing the minimum amount
Depositing into your account with Lynx consists of the following steps:
Step 1 – Log in
- First, you have to sign in to your already opened trading account and find the depositing interface. After this, you select one of the deposit methods the broker supports, enter the deposit amount and make the deposit.
Step 2 – Make the deposit
- Select the option to make a deposit from the client area
- Select your preferred funding method. It is worth remembering that you will be required to make withdrawals using the same method by which your deposits were made
- Confirm the amount you wish to deposit
- Provide your banking details and submit your deposit details to be processed by the Lynx accounts department
Step 3 – Review your transaction
Depending on the method you chose, it might take a couple of days for your deposit to show up on your brokerage account. When it happens, the brokers usually send you an email to confirm the receipt of the deposit.
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There is no information on the commission fee for depositing or withdrawing funds on the broker’s website.
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 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 |
| Funds kept in segregated accounts | High minimum deposit amount |
| Wide variety of deposit currencies | Limited deposit methods |
Conclusion
LYNX has a minimum deposit requirement of $ 3000 / R54 232,05. Lynx has a high minimum deposit and is geared towards handling the funds of advanced and high net-worth 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 Fees and Spreads
You might also like: Lynx Sign-up Bonus
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
Frequently Asked Questions
How does the minimum deposit for Lynx compare to similar brokers?
Most forex brokers have a minimum deposit requirement of between $10 to $500, and the EUR 3000 minimum deposit by Lynx is an exceedingly high requirement for many traders and would create a high barrier of entry for most beginner or smaller retail traders.
How do I make a deposit and withdrawal with Lynx?
Lynx has a very limited selection of deposit methods, consisting of bank transfers only. This is likely due to the fact that the broker has a high minimum deposit and is geared towards handling the funds of advanced and high net-worth traders.
Does Lynx charge withdrawal fees?
No, Lynx does not charge withdrawal fees. However, your banking institution may charge a processing fee that is beyond the broker’s control.
How long do withdrawals from Lynx take?
Withdrawals from Lynx can take up to three business days, depending on your location and your banking institution.
Are my deposits safe with Lynx?
Yes, your account is protected by very strict security measures against any unauthorized access. In addition, a transfer from your investment account to your contra account is only possible if you have verified the account number of the contra account.
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