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Written by: Gyula L. Updated: Dec 2022
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Overview of LYNX fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: 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.

Now, let's dive into the details and see what commissions, spreads, and financing rates LYNX charges.

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LYNX commission and other fees
LYNX commission and other trading fees

LYNX has average trading fees in general. We ranked LYNX fee levels as low, average or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether LYNX commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of LYNX commission and other trading fees
LYNX Comdirect DEGIRO
Stock and ETF Low Average Low
Forex Average High -
Fund Low High Low
Bond Low Average Low
Options High High Low
Futures Average High Low
CFD High Average -
Financing rate Low High -

Now let's go over the trading fees for each asset class one by one.

LYNX stock and ETF commissions, spreads

LYNX stock and ETF commissions are low. LYNX stock and ETF commissions are charged as per the table below.

LYNX stock and ETF commission
LYNX
US stock Up to 2,000 shares: $0.01 per share; from 2,000 shares: $0.005 per share. Min $5, max 2% of the transaction
UK stock 0.10%, min £9
German stock 0.09% of trade value, min €6, max €99
Indian stock Not available

You can compare LYNX stock and ETF fees with the two closest competitors.

LYNX stock and ETF commission, spreads vs competitors
LYNX Comdirect DEGIRO
US stock $5.0 $12.8 $1.0
UK stock $10.2 $12.8 $3.1
German stock $5.9 $9.9 $4.9
Indian stock - - -

Stock and ETF commissions are calculated for a $2,000 trade

LYNX forex commissions and spreads

LYNX forex fees are average. LYNX forex commissions and spreads for individual currency pairs are charged as per the table below.

LYNX forex commissions and spreads
LYNX
EURUSD fee description 0.4 bps of trade value; min $4
GBPUSD fee description 0.4 bps of trade value; min $4

Check out how LYNX forex fees compare to its two closest competitors.

LYNX forex fees vs competitors
LYNX Comdirect DEGIRO
EURUSD benchmark fee $18.7 $26.7 -
GBPUSD benchmark fee $14.7 $27.9 -
AUDUSD benchmark fee $12.4 $26.6 -
EURCHF benchmark fee $8.7 $17.9 -
EURGBP benchmark fee $16.6 $23.2 -

Forex fees are calculated for a $20,000 trade using 30:1 leverage

LYNX fund commissions

LYNX fund commissions are low. The table below shows how LYNX fund commissions are calculated.

LYNX fund commissions
LYNX
Mutual fund 0.1% of trade value; min €6, max €45

Check out how LYNX fund fees compare with the competition.

LYNX fund commissions
LYNX Comdirect DEGIRO
Mutual fund $5.9 $20.0 $3.9

Fund commissions are calculated for a $2,000 trade

LYNX bond commissions

LYNX bond commissions are low. The table below contains the description of LYNX bond commissions.

LYNX bond commissions
LYNX
US Treasury bond 0.10% of trade value; min $5
EU government bond 0.14% of trade value; min €6

See how LYNX bond fees stack up against the competition.

LYNX bond commissions vs competitors
LYNX Comdirect DEGIRO
US Treasury bond $10.0 $32.8 -
EU government bond $13.9 $29.9 $3.0

Bond commissions are calculated for a $10,000 trade

LYNX options commissions

You can see below the description of LYNX options commissions. LYNX options fees are high.

LYNX options commissions
LYNX
US stock index options $2.4 per contract
US stock options $2.4 per contract
UK stock index options £3.5 per contract
German stock index options €1.75 per contract

Compare options commissions charged by LYNX with those of Comdirect and DEGIRO.

LYNX options commissions vs competitors
LYNX Comdirect DEGIRO
US stock index options $24.0 - $7.5
US stock options $24.0 - -
UK stock index options $39.6 - -
German stock index options $17.3 $44.6 $8.9

Options commissions are calculated for 10 contracts

LYNX futures commissions

You can see below how LYNX futures commissions are charged. LYNX futures fees are average.

LYNX futures commissions
LYNX
US micro e-mini stock index futures $1.25 per contract
UK stock index futures £2 per contract
German e-mini stock index futures €1 per contract

Compare how the futures commissions of LYNX stack up against those of Comdirect and DEGIRO.

LYNX futures commissions vs competitors
LYNX Comdirect DEGIRO
US micro e-mini stock index futures $12.5 - $7.5
UK stock index futures $22.6 - -
German e-mini stock index futures $9.9 $44.6 $7.4

Futures commissions are calculated for 10 contracts

LYNX CFD commissions and spreads

LYNX CFD fees are high. LYNX CFD commissions and spreads for different assets are charged as per the table below.

LYNX CFD commissions and spreads
LYNX
S&P 500 CFD fee 0.02% of the trade value with $6 min
Europe 50 CFD fee 0.02% of the trade value with €6 min
Apple CFD Up to 2,000 shares $0.01 per share, from 2,000 shares $0.005 per share. Minimum $5.
Vodafone CFD 0.09% of trade value; min £5

Below you can see how LYNX CFD fees compare with those of Comdirect and DEGIRO.

LYNX CFD fees vs competitors
LYNX Comdirect DEGIRO
S&P 500 index CFD fee $13.3 $3.1 -
Europe 50 index CFD fee $14.1 $3.0 -
Apple CFD $5.1 $9.9 -
Vodafone CFD $5.7 $5.3 -

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

LYNX financing rates

LYNX financing rates are low. They make up a significant part of your trading costs if you hold your position for a long time.

Check out how LYNX financing rates compare with those of Comdirect and DEGIRO.

LYNX financing rates vs competitors
LYNX Comdirect DEGIRO
EURUSD financing rate 2.7% 5.9% -
GBPUSD financing rate 1.6% 5.9% -
S&P 500 CFD financing rate 2.8% 7.3% -
Europe 50 CFD financing rate 5.3% 4.9% -
Apple CFD financing rate 5.3% 7.3% -
Vodafone CFD financing rate 4.5% 5.7% -

LYNX commission and other fees
LYNX non-trading fees

In addition to trading fees, it's important to see if LYNX charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by LYNX with its two closest competitors.

LYNX non-trading fees vs competitors
LYNX Comdirect DEGIRO
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee No No No
Inactivity fee Yes No No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

LYNX commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by LYNX and its closest competitors. To learn more about LYNX, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Gyula Lencsés, CFA

Author of this article

Gyula has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio manager of mutual funds. He has trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex, and derivatives markets. He joined BrokerChooser in 2020 and his aim is to make finding the best brokers in a rapidly changing investment world as easy as possible.

Gyula Lencsés, CFA

Head of Content

Gyula has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio manager of mutual funds. He has trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex, and derivatives markets. He joined BrokerChooser in 2020 and his aim is to make finding the best brokers in a rapidly changing investment world as easy as possible.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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