About LYNX
Company Overview
LYNX is an online brokerage based in Amsterdam, Netherlands, with a registered address at Herengracht 527, 1017 BV Amsterdam. According to official records, the company was founded on December 6, 2018, though its website suggests the brand has been active for over a decade.
The broker primarily serves Dutch-speaking investors in Belgium and the Netherlands. Its platform provides access to a wide range of financial instruments, including stocks, options, futures, ETFs, and currencies, through its partnership with Interactive Brokers Ireland Limited.
Regulation and Safety
Our review found that LYNX is not regulated by any financial authority. The known facts from trusted records show no regulatory oversight, and the broker’s website does not claim any specific licence. This is a significant risk factor for investors.
Despite lacking direct regulation, the broker asserts that client assets are held with Interactive Brokers Ireland Limited, which is subject to regulation by the Central Bank of Ireland. This arrangement may provide some level of protection, but it is not equivalent to the broker itself being regulated.
Account Types
LYNX offers two primary account types: a cash account and a margin account. A cash account requires clients to fund their trades with available cash, while a margin account allows borrowing from the broker to increase buying power.
The minimum age for a cash account is 18 years, but a margin account requires the investor to be at least 21. The broker also notes that margin trading carries significant risk and is only suitable for experienced traders.
Trading Platforms
The broker provides two proprietary platforms: LYNX+ and Trader Workstation (TWS). LYNX+ is a web-based platform that works across devices and is designed for efficient multi-asset trading.
TWS, developed by Interactive Brokers, offers advanced features such as technical indicators, options analytics, and risk management tools. Both platforms are free for clients, but the choice depends on the trader's experience level and needs.
Instruments and Markets
LYNX gives clients access to more than 100 markets in over 30 countries, including major U.S., European, and Asian exchanges. The available instruments include stocks, options, futures, ETFs, and currency pairs.
Investors can hold and trade in multiple currencies without conversion, which facilitates international diversification. However, the specific number of forex pairs or CFD offerings is not prominently detailed on the site.
Fees and Costs
The broker promotes transparent and competitive pricing. According to its website, trading fees for European stocks start at €6.00 per trade, and there are no additional platform or account fees for standard services.
An introductory promotion offers up to €500 cashback on transaction fees for new accounts. Details of other costs, such as currency conversion fees or margin interest rates, are available in the tariff overview but are not explicitly highlighted.
Target Audience
LYNX positions itself as a broker for "serious investors" who require a robust trading platform and access to global markets. Its clientele appears to be primarily Dutch-speaking individuals in Belgium and the Netherlands with some investing experience.
The broker is not marketed toward beginners or high-frequency traders, as its focus is on longer-term investing and active portfolio management. The lack of regulatory oversight, however, means that less experienced clients should approach with caution.
Overview compiled by FXCanary from regulatory records and public data. full LYNX review