LYNX Review

LYNX is an Amsterdam-based investment firm and introducing broker that gives eligible investors access to global markets through Interactive Brokers Ireland Limited (IBIE). The product range is broad: shares, ETFs, options, futures, bonds, currencies, funds, structured products and other instruments, depending on your account permissions and where you live.

Is LYNX regulated for South African traders?

LYNX B.V. is a Dutch investment firm. The Netherlands Authority for the Financial Markets (AFM) lists LYNX B.V. as authorised to receive and transmit investment orders. LYNX also states that it is supervised in the Netherlands by the AFM and De Nederlandsche Bank (DNB).

The back-end brokerage infrastructure comes from Interactive Brokers Ireland Limited. IBIE handles areas such as custody, clearing, settlement and execution infrastructure and is regulated by the Central Bank of Ireland. It is also a member of the Irish Investor Compensation Scheme.

For a South African investor, the distinction matters. European regulation does not make LYNX an FSCA-regulated broker. We could not confirm an FSCA licence for LYNX B.V. when we checked. Unless the FSCA register and your client documents show otherwise, you should treat this as a foreign brokerage relationship rather than a locally regulated South African account.

Rank	Broker	Broker Review	Regulators	Minimum Deposit	Visit Broker
🥇		Read Review	ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA	$100	Visit Now
🥈		Read Review	FSCA, FCA, DFSA, FSA, CMA	$0	Visit Now
🥉		Read Review	CySEC, IFSC, DFSA, FCA	$5	Visit Now
4		Read Review	ASIC, CySEC, FSA, SCB	$0	Visit Now
5		Read Review	BVI FSC	$0	Visit Now
6		Read Review	FSA, FSC, FSCA, ASIC, CMA	$20	Visit Now
7		Read Review	CBCS, FSA, FSCA, CMA	$10	Visit Now
8		Read Review	ASIC, CySEC, FSCA, FSA, FSC, CMA	$100	Visit Now
9		Read Review	CySEC, MWALI, FSCA	$25	Visit Now
10		Read Review	FSA, CySEC, FSCA, FSC	$10	Visit Now

Can South African traders open an account with LYNX?

At the moment, South African residents should not assume the answer is yes.

LYNX's public account-opening selector lists Austria, Belgium, the Czech Republic, Finland, France, Germany, the Netherlands, Poland, Slovakia and Switzerland. South Africa is not included.

That does not prove that every South African application will be declined, but it does tell us that South Africa is not part of the standard public onboarding route.

Before sending KYC documents or transferring funds, I would ask LYNX five things in writing: whether South African residents are accepted, which LYNX legal entity would serve the account, which onboarding portal should be used, which base currencies are available, and whether withdrawals can be sent back to a South African bank account.

If they cannot answer those points clearly, there are brokers with a much more straightforward South African onboarding process.

LYNX Trust Score

How we calculate the LYNX Trust Score

The 86/100 score is our editorial rating. It is not a score issued by LYNX or a regulator.

We look at regulation, how client assets are handled, fee transparency, the quality of the trading setup and how easy it is for the target investor to get support. LYNX scores well on its Dutch regulatory structure, the IBIE relationship and its trading technology. Where it loses ground for this review is South Africa: there is no confirmed FSCA relationship and no normal South African onboarding route visible on the public site.

Pros and Cons

Overview

• LYNX has been operating as a European online broker since 2006 and is headquartered in Amsterdam.
• LYNX B.V. receives and transmits client orders. Interactive Brokers Ireland Limited provides the carrying-broker infrastructure for clearing, settlement and custody.
• Depending on your location and permissions, the product range includes shares, ETFs, options, futures, bonds, currencies, funds, structured products and other instruments.
• The two main account structures are Cash and Margin.
• Trading is available through LYNX+, Trader Workstation and the LYNX Trading App. Account administration is handled through Client Portal.
• Existing clients can use paper trading through Trader Workstation and the mobile app.
• If you live in South Africa, verify account eligibility first. South Africa does not currently appear on LYNX's public country list.

Is LYNX a good broker for South African traders?

As a trading setup, there is a lot to like. You get deep global market access, a serious desktop platform and the Interactive Brokers infrastructure behind the account.

But for a South African investor, all of that comes second to one basic question: can you open the account?

South Africa is not listed in LYNX's public onboarding selector, so I would not put LYNX at the top of a South African broker shortlist until the company confirms eligibility in writing. If you specifically want the Interactive Brokers infrastructure, it is also worth comparing direct IBKR access because South Africa appears on Interactive Brokers' available-country list.

Is LYNX regulated in South Africa?

We could not confirm LYNX B.V. as an FSCA-authorised financial services provider.

LYNX sits under Dutch supervision, while IBIE is regulated by the Central Bank of Ireland. Those are meaningful regulatory relationships, but they are not the same as holding an account with an FSCA-regulated South African broker.

★ ★ ★ ★ ★

💰 Min Deposit: $0

📈 Leverage: Up to 1:40

🏦 Regulators: AFM, BaFin

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Features Offered

• International market access through Interactive Brokers Ireland's infrastructure.
• LYNX references access to more than 150 markets, although the exact list depends on your location, account and trading permissions.
• Shares, ETFs and currency conversion are enabled by default according to LYNX's permissions guidance. More complex products need additional approval.
• Options, futures, short selling and margin borrowing require the right account type and suitability approval.
• LYNX+ covers browser-based order entry, portfolio monitoring, market views and watchlists.
• Trader Workstation includes tools such as OptionTrader, ChartTrader, Risk Navigator, Probability Lab and API access.
• The LYNX Trading App handles mobile portfolio monitoring and order entry.
• Two-factor authentication is used for account access and sensitive actions.

LYNX Customer Reviews

I would not put too much weight on one headline review score here.

Customer reviews can tell you useful things about slow verification, support response times, platform problems, or unexpected costs. The catch is that LYNX operates through regional service teams. A German or Dutch client's experience may tell you very little about what a South African resident would face.

For this broker, I would look at reviews for patterns rather than star ratings.

• Check recent comments about account approval, KYC, support response times and platform reliability.
• See which platform the reviewer actually used. LYNX+ and TWS are very different experiences.
• Look closely at comments about commissions, exchange fees, live data, currency conversion and margin interest. Those costs matter more than the advertised headline rate.
• For South African readers, the most useful evidence would be a verified South African client confirming which LYNX entity opened the account. We did not find enough primary evidence to assume standard South African onboarding is available.

★ ★ ★ ★ ★

💰 Min Deposit: $0

📈 Leverage: Up to 1:40

🏦 Regulators: AFM, BaFin

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Editorial Ratings

LYNX Safety and Security

• LYNX B.V. appears in the AFM register as a Dutch investment firm authorised to receive and transmit orders.
• LYNX says it is supervised by the AFM and DNB.
• Interactive Brokers Ireland Limited acts as carrying broker and provides clearing, settlement and custody services.
• IBIE is regulated by the Central Bank of Ireland under reference C423427.
• LYNX says client cash and financial instruments held through IBIE are segregated from the broker's own assets.
• IBIE is a member of the Irish Investor Compensation Scheme.
• LYNX also states that it participates in the Dutch Investor Compensation Scheme for relevant claims against LYNX itself.
• None of these arrangements covers a bad trade, a falling market or losses caused by leverage.

How does LYNX protect client funds?

LYNX uses Interactive Brokers Ireland as the carrying broker. According to LYNX, client cash and financial instruments are kept separate from IBIE's own assets, including assets held with external financial institutions.

That segregation matters if the broker fails because client property is treated separately from the firm's ordinary assets. It does not protect the value of your portfolio. If you buy a share at EUR 50 and it trades down to EUR 35, segregation does not reimburse the EUR 15 loss. The same applies to leveraged positions.

What investor compensation may apply?

LYNX says accounts held through IBIE fall under the Irish Investor Compensation Scheme. In qualifying cases where an investment firm cannot return client assets, the scheme can cover 90% of an eligible loss up to EUR 20,000.

LYNX also says it participates in the Dutch Investor Compensation Scheme, which can provide up to EUR 20,000 per client for qualifying claims against LYNX.

These schemes are there for specific firm-failure situations. They are not insurance against trading losses.

LYNX at a Glance

LYNX Account Types

LYNX keeps the account structure fairly simple: Cash or Margin.

One number is easy to misread here. The EUR 2,000 attached to the Margin Account is not a EUR 2,000 minimum deposit for every LYNX customer. The Cash Account has a stated minimum account value of EUR 0. The EUR 2,000 level applies to margin functionality, along with the broker's other suitability requirements.

• Cash Account: minimum age 18, stated minimum account value EUR 0.
• Margin Account: minimum age 21, stated minimum account value EUR 2,000.
• Cash Accounts do not provide margin borrowing and cannot be used for short selling.
• Margin Accounts can support short selling, futures, more flexible option strategies and margin borrowing, subject to approval.
• LYNX can assess your knowledge, trading experience, financial circumstances and investment objectives before giving access to higher-risk products.

Cash Account

• The Cash Account is the cleaner setup if you do not want to borrow against the portfolio.
• LYNX lists stocks, ETFs, options, certificates, and currency exchange among the products or functions that may be used in a Cash Account, subject to permissions.
• There is no short selling or margin credit.
• You may need to wait for trade settlement before reusing certain sale proceeds.
• If you are buying an asset in another currency, you generally need the required currency available or convert it into it first.
• You remove borrowing risk, but you still carry the normal market risk of whatever you buy.

Margin Account

• The Margin Account is built for traders who already understand leverage and have a higher risk tolerance.
• LYNX lists a minimum age of 21 and a minimum account value of EUR 2,000 for margin access.
• Depending on permissions, it can provide access to stocks, ETFs, options, warrants, certificates, futures and forex.
• Short selling, wider options strategies and margin credit may be available.
• Margin requirements are not fixed. They vary by instrument and can change while you are holding a position.
• If your account falls below the required margin level, positions can be liquidated.
• Borrowed money also carries interest, and leveraged losses can exceed the capital you originally committed.

What types of accounts does LYNX offer?

There are two: Cash and Margin.

Cash is the simpler setup. No margin borrowing and no short selling. Margin gives experienced traders access to more flexibility, including leverage and a broader range of strategies, but approval is not automatic. LYNX can look at your experience, finances, and knowledge before enabling certain products.

What is the LYNX minimum deposit?

LYNX lists a minimum account value of EUR 0 for Cash and EUR 2,000 for Margin.

The EUR 2,000 figure is often the one people focus on, but it should not be described as a blanket minimum deposit. It relates to margin functionality.

If you live in South Africa, I would not convert rand or arrange an international wire until LYNX has first confirmed that your residency is accepted.

How to Open a LYNX Account

Step 1 - Check Country Eligibility

• Start on LYNX's official account-country page.
• Check whether your legal country of residence is supported.
• As of 11 August 2026, the public selector lists Austria, Belgium, Czech Republic, Finland, France, Germany, the Netherlands, Poland, Slovakia and Switzerland.
• South Africa is not listed. Contact LYNX before starting an application.

Step 2 - Start the Application

• If LYNX confirms that you are eligible, use the regional website they direct you to.
• Enter your personal information, tax residence and identification details.
• Choose the account structure offered to you and check which legal entities appear in the client agreements.
• Stick to official LYNX websites. Do not upload identity documents through links sent by unknown third parties.

Step 3 - Complete Financial and Trading Information

• Provide accurate information about your income, assets, objectives, experience, and product knowledge.
• Permissions for complex products are assessed separately.
• Margin has additional requirements, including age and minimum account value.
• Do not overstate your experience just to unlock leverage or derivatives. If you do not understand the product well enough to pass the suitability questions honestly, you probably should not be trading it with real money yet.

Step 4 - Verify Your Identity

• Provide the requested identity, address, and tax-residency documents.
• Companies and other legal entities may need extra corporate records, beneficial-owner details and an LEI where applicable.
• Make sure your name and address match the application and funding bank account.
• Small inconsistencies in KYC paperwork are one of the easiest ways to slow an account application down.

Step 5 - Fund the Account and Choose a Platform

• Once approved, create the deposit notification in Client Portal before sending the bank transfer.
• Fund from a bank account held in the same name as the LYNX account.
• Use LYNX+ if you want a cleaner browser-based setup. Use Trader Workstation if you need deeper order, options and risk tools. Use the mobile app when you need access away from your desk.
• Before placing the first trade, check commissions, exchange fees, market-data subscriptions, FX conversion charges and margin interest where applicable.

★ ★ ★ ★ ★

💰 Min Deposit: $0

📈 Leverage: Up to 1:40

🏦 Regulators: AFM, BaFin

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LYNX Fees, Spreads, and Commissions

There is no useful single-number answer to the question, "How expensive is LYNX?"

The actual cost depends on the regional LYNX branch, instrument, exchange, order size, market-data package, currency, and whether you use borrowed funds. That is why taking a commission from one European LYNX website and presenting it as a South African fee would be misleading, especially while South African account eligibility is still unclear.

• Your total trading cost can include commissions, exchange fees, clearing charges, real-time data, margin interest, currency conversion and banking costs.
• Where an exchange allows it, LYNX generally displays delayed data by default, typically around 15 minutes.
• Live exchange data may be free or paid depending on the market and package.
• LYNX states that you need at least USD 200 or the equivalent in account equity to subscribe to real-time market data.
• Once activated, a market-data subscription is generally billed for the full calendar month.
• LYNX states that one withdrawal per calendar month is free. Further withdrawals use the applicable local tariff.
• If you borrow through a Margin Account or run a negative cash balance, debit interest applies.
• For a South African investor, FX and international banking charges can easily matter as much as the headline dealing commission.

What are the trading fees at LYNX?

Fees depend on what you trade and which LYNX branch holds your relationship.

I would compare brokers using the full cost of the trades you actually expect to place. A cheap share commission does not mean much if you are paying separately for options contracts, market data, FX conversion, margin interest and international transfers.

Does LYNX charge market-data fees?

Potentially, yes.

LYNX says delayed quotes are normally available by default where supported by the exchange, generally with around a 15-minute delay. Live data is supplied through exchange-specific subscriptions, some of which carry monthly charges.

LYNX also states that you need at least USD 200 or equivalent in account equity before subscribing to real-time data.

Does LYNX charge withdrawal fees?

LYNX states that one withdrawal per calendar month is free. Additional withdrawals are charged according to the tariff of the regional LYNX branch.

For an international client, "free withdrawal" needs a bit of context. LYNX may charge nothing for that first withdrawal, while an intermediary bank, receiving bank, or FX conversion still costs you money.

★ ★ ★ ★ ★

💰 Min Deposit: $0

📈 Leverage: Up to 1:40

🏦 Regulators: AFM, BaFin

Start Trading Read Review

LYNX Trading Platforms

The platform choice is one of LYNX's stronger points.

LYNX+ handles the simpler end of the job: browser-based investing, orders and portfolio monitoring. Trader Workstation sits at the other end. It is the platform I would look at for options, futures, multi-market trading, advanced orders or deeper risk analysis. The mobile app covers trading away from the desk, while Client Portal handles the administrative side of the account.

• LYNX+ runs in the browser and is easier to get used to than TWS.
• Trader Workstation is the advanced desktop platform and supports professional trading tools and API connectivity.
• The LYNX Trading App is available for iPhone and Android.
• Client Portal handles settings, statements, deposits, withdrawals, permissions, and other account administration.
• Existing clients can use paper trading on TWS and the mobile app.

LYNX+

• LYNX+ is the browser-based trading platform.
• It covers portfolio views, open orders, executions, watchlists, and product search.
• It is the better starting point if you do not need the full TWS workspace.
• The standard LYNX paper-trading account does not work in LYNX+.

Trader Workstation

• Trader Workstation is the advanced desktop setup offered through LYNX.
• Tools highlighted by LYNX include ChartTrader, OptionTrader, Risk Navigator and Probability Lab.
• TWS is well suited to options, futures, multi-market portfolios and advanced order management.
• It runs on Windows, macOS and Linux.
• The TWS API can connect external or custom trading applications, subject to account and technical requirements.

TWS is powerful, but I would not describe it as beginner-friendly. If you have only used a mobile investment app, the number of windows, order settings, and data fields can feel excessive at first. Once you know what you are looking for, that same depth becomes the reason to use it.

LYNX Trading App

• The mobile app is available on iPhone and Android.
• You can monitor markets, check the portfolio and place orders.
• Existing clients can also access the paper account from the app.
• Mobile execution is convenient, but leverage does not become less risky because the trade was placed from a phone.

Client Portal

• Client Portal is where you deal with statements, settings, permissions, deposits and withdrawals.
• Account-type changes are requested there.
• Market-data subscriptions and paper-trading settings are also managed through the portal.
• Two-factor authentication is used for account access and sensitive actions.

Paper Trading Account

Existing LYNX clients can request a paper account. It is useful if you want to learn TWS, test order types, or run through a strategy before committing real capital.

The standard paper account works in Trader Workstation and the LYNX Trading App. It does not work in LYNX+. Eligible users can also share an active real-time market-data subscription with the paper account.

Which trading platforms does LYNX offer?

LYNX gives you three trading interfaces: LYNX+, Trader Workstation and the mobile app. Client Portal handles account administration.

LYNX+ is the easier browser-based choice. TWS is where the serious tools sit. Existing live-account clients can also request paper trading for TWS and mobile.

Is Trader Workstation available through LYNX?

Yes. TWS is one of the main reasons an experienced trader might look at LYNX in the first place.

It gives you detailed charting, advanced order controls, options tools, risk analytics and API access. If you only buy a handful of long-term ETFs each year, most of that functionality is probably unnecessary. If you trade options, futures or multiple markets, it becomes much more useful.

★ ★ ★ ★ ★

💰 Min Deposit: $0

📈 Leverage: Up to 1:40

🏦 Regulators: AFM, BaFin

Start Trading Read Review

LYNX Deposit and Withdrawal

LYNX mainly uses bank transfers, with the transfer instructions generated through Client Portal.

For a South African investor, this part deserves more attention than it usually gets. International funding can involve your local bank, an intermediary bank, the receiving bank, and an FX conversion. A cheap trade can become less cheap once you include the cost of moving money in and out.

Do not arrange any of that until LYNX has confirmed that your South African residency is accepted.

• Create a deposit notification in Client Portal before transferring funds.
• The funding bank account should be in the same name as the LYNX trading account.
• A new funding bank account may need additional verification, including a recent bank statement.
• SEPA is relevant to eligible EEA payments. A South African bank transfer would normally be an international wire.
• Withdrawals go to verified bank accounts in the client's name.
• Two-factor authentication is used when confirming withdrawals.
• LYNX states that one withdrawal per calendar month is free, with additional withdrawals charged according to the applicable tariff.

How can I deposit funds into my LYNX account?

Once the account is approved, create a deposit notification in Client Portal and follow the banking instructions shown for your account and currency. The sending account should be in your own name.

South African residents should first get confirmation that they are eligible and ask LYNX which international funding route applies before sending anything.

How are withdrawals processed at LYNX?

Withdrawals are sent to a verified bank account held in the client's name. LYNX states that the first withdrawal in a calendar month is free, while later withdrawals may carry a regional fee.

South African investors should also check SWIFT routing, supported currencies, intermediary charges and any fee their local bank applies when receiving the money.

★ ★ ★ ★ ★

💰 Min Deposit: $0

📈 Leverage: Up to 1:40

🏦 Regulators: AFM, BaFin

Start Trading Read Review

LYNX Margin and Leverage

LYNX margin does not work like the simple "1:30" or "1:500" leverage number you often see on retail forex accounts.

This is a multi-asset brokerage setup. Margin depends on what you hold, the risk of those positions, your portfolio, account value, and the requirements applied by the exchange and carrying broker. Those requirements can change.

• You need a Margin Account and the relevant product permissions.
• LYNX lists a minimum age of 21 and a minimum account value of EUR 2,000 for margin functionality.
• Initial and maintenance margin vary by instrument.
• Margin Accounts may support short selling, futures, option strategies, and margin borrowing.
• Borrowed funds carry debit interest.
• If excess liquidity drops too far, positions may be liquidated automatically.
• Leveraged losses can exceed the amount initially invested.

LYNX vs Interactive Brokers vs DEGIRO - A Comparison

LYNX and Interactive Brokers are closely linked because IBIE provides the carrying-broker infrastructure behind LYNX accounts, but they are still separate services.

With LYNX, you get the LYNX service layer, branding and regional pricing. With a direct Interactive Brokers account, you deal with IBKR's own onboarding, pricing and account structure. DEGIRO takes a different approach and is generally aimed at a simpler European retail investing experience.

LYNX Research

• LYNX+ includes watchlists, product information, market views, and curated market content.
• Trader Workstation provides much deeper technical and portfolio tools.
• OptionTrader is useful for options analysis and position management.
• ChartTrader allows chart-based analysis and order entry.
• Risk Navigator and Probability Lab are aimed at more experienced traders managing portfolio and options risk.
• Live exchange data may require a paid subscription. Otherwise, delayed data may be shown.
• I would treat broker research as one input into the process, not as a trading signal. The decision and risk still sit with you.

Does LYNX provide a demo account?

LYNX uses a paper-trading setup rather than a stand-alone demo that anyone can open before becoming a client.

Existing LYNX clients can request a paper account for Trader Workstation and the LYNX Trading App. LYNX+ does not support the normal paper-trading login.

For South African traders, that creates an obvious catch: you normally need the live LYNX relationship first, so the paper account does not get around the unresolved residency question.

Rank	Broker	Broker Review	Regulators	Minimum Deposit	Visit Broker
🥇		Read Review	ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA	$100	Visit Now
🥈		Read Review	FSCA, FCA, DFSA, FSA, CMA	$0	Visit Now
🥉		Read Review	CySEC, IFSC, DFSA, FCA	$5	Visit Now
4		Read Review	ASIC, CySEC, FSA, SCB	$0	Visit Now
5		Read Review	BVI FSC	$0	Visit Now
6		Read Review	FSA, FSC, FSCA, ASIC, CMA	$20	Visit Now
7		Read Review	CBCS, FSA, FSCA, CMA	$10	Visit Now
8		Read Review	ASIC, CySEC, FSCA, FSA, FSC, CMA	$100	Visit Now
9		Read Review	CySEC, MWALI, FSCA	$25	Visit Now
10		Read Review	FSA, CySEC, FSCA, FSC	$10	Visit Now

LYNX Awards

We have not used awards to support the trust score.

LYNX refers to Trader Workstation as an award-winning platform, but TWS technology comes from the Interactive Brokers ecosystem. An award for the platform does not automatically tell you anything about LYNX's South African onboarding, support or pricing.

If we add a LYNX award to this page in future, it should include the awarding organisation, category and year. An undated "award-winning broker" label is not useful evidence on its own.

How We Reviewed LYNX

We focused on the things I would want to know before sending money to a foreign broker: who the legal entity is, who regulates it, whether South African residents can actually open an account, how client assets are held, what the real costs are, which platforms are available and how deposits, withdrawals and leverage work.

Where possible, we used first-party and regulatory sources rather than affiliate reviews. When a rule depends on your LYNX branch, account permissions or legal entity, we have said so rather than treating one European condition as if it applies everywhere.

Sources Checked

• LYNX - account-opening country selector
• LYNX - protection and security
• LYNX - Cash and Margin account types
• LYNX - market data
• LYNX - withdrawals
• LYNX - paper trading
• AFM - investment-firm register
• Interactive Brokers Ireland - regulatory disclosures
• FSCA - authorised FSP search
• Interactive Brokers - available countries and territories

Disclaimer

• Investing involves risk. Prices can move against you, and you can lose money.
• Margin, options, futures and short selling carry substantially more risk than straightforward cash investing and may result in losses greater than the amount initially invested.
• Investor compensation schemes do not reimburse normal trading losses.
• Dutch or Irish regulation should not be treated as the same thing as FSCA authorisation.
• This page is general information, not personal financial, legal, tax or investment advice.
• Broker licences, account eligibility, fees, permissions and banking arrangements can change. Check the current terms and exact legal entity before opening or funding an account.

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Frequently Asked Questions

What is LYNX?

LYNX is a Dutch investment firm and introducing broker. It uses Interactive Brokers Ireland Limited as its carrying broker and gives eligible investors access to international markets through LYNX+, Trader Workstation and the LYNX Trading App.

The available instruments include shares, ETFs, options, futures, bonds, currencies, funds and other products, depending on your location and permissions.

Is LYNX regulated?

Yes. Lynx B.V. appears in the Dutch AFM investment-firm register, and LYNX says it is supervised by the AFM and DNB. Interactive Brokers Ireland Limited, the carrying broker, is regulated by the Central Bank of Ireland.

That regulatory structure helps with operational and conduct oversight. It does not protect you from losing money on a trade.

Is LYNX regulated in South Africa?

We could not confirm FSCA authorisation for LYNX B.V.

South African investors should therefore not assume that local FSCA-compliant or protection routes apply. Check the exact entity on your client agreement and verify that entity independently before sending funds.

Can South Africans open a LYNX account?

South Africa is not shown on LYNX's public account-opening country selector as of 2026.

If you live in South Africa, contact LYNX before applying and ask whether your residency is accepted, which portal to use, which legal entity will serve the account, and whether deposits and withdrawals to a South African bank are supported.

What account types does LYNX offer?

LYNX offers Cash and Margin accounts.

The Cash Account has a stated minimum account value of EUR 0 and does not include margin borrowing or short selling. The Margin Account has a minimum age requirement of 21, with LYNX listing EUR 2,000 as the minimum account value for margin functionality.

What is the LYNX minimum deposit?

The official account guidance lists EUR 0 as the minimum account value for Cash and EUR 2,000 for Margin functionality.

The EUR 2,000 figure is not a universal minimum deposit across every LYNX account.

Which LYNX account is best for beginners?

The Cash Account is the safer starting structure because it removes margin borrowing and short selling.

Even then, LYNX offers a lot more than a basic investment app. New investors should understand settlement, FX conversion, order types and trading permissions before moving into derivatives or leverage.

Which trading platforms does LYNX offer?

LYNX offers LYNX+, Trader Workstation and the LYNX Trading App. Client Portal handles settings and account administration.

LYNX+ is the easier browser platform. TWS is the more advanced desktop choice for charting, derivatives, risk tools, and complex orders.

Does LYNX offer a demo account?

LYNX offers paper trading to existing live-account clients.

The paper account works with Trader Workstation and the LYNX Trading App, but not LYNX+. It is useful for learning the platform and testing strategies without real capital, although you normally need an existing live LYNX relationship first.

Does LYNX offer Trader Workstation?

Yes. Trader Workstation is LYNX's main advanced desktop platform.

It includes charting, options tools, risk analytics, advanced orders, and API connectivity. It is a very capable platform, but it is more than most occasional buy-and-hold investors need.

What can I trade with LYNX?

Depending on your account and permissions, LYNX provides access to shares, ETFs, options, futures, bonds, currencies, funds and other instruments.

Access to complex or leveraged products is not automatic and may require additional approval.

How much investor compensation applies to LYNX accounts?

LYNX states that accounts held through Interactive Brokers Ireland may fall under the Irish Investor Compensation Scheme, which can cover 90% of an eligible loss up to EUR 20,000 in qualifying circumstances.

LYNX also refers to participation in the Dutch Investor Compensation Scheme for qualifying claims against LYNX. Neither scheme reimburses ordinary investment or trading losses.

Does LYNX charge withdrawal fees?

LYNX says one withdrawal per calendar month is free. Additional withdrawals are charged under the relevant regional tariff.

International bank and FX charges can still apply even when LYNX itself does not charge for the withdrawal.

Is LYNX the same as Interactive Brokers?

No. LYNX is a separate investment firm and introducing broker. Interactive Brokers Ireland provides the carrying-broker infrastructure behind LYNX accounts.

The relationship means the two share important technology and infrastructure, including Trader Workstation, but pricing, onboarding, support and the legal client relationship are different.

Is LYNX good for beginners?

It can work for a careful beginner using a Cash Account and LYNX+, but I would say the broker is better suited to investors who expect to use global markets and more advanced tools.

TWS, options, futures, and margin all add complexity. For a South African beginner, there is another issue to solve first: standard LYNX account eligibility is not currently clear.

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