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.
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.
Stock and ETF
|
Low | High | Low |
---|---|---|---|
Forex
|
High | High | - |
Fund
|
Low | Average | Low |
Bond
|
Low | Average | Low |
Options
|
High | High | Low |
Futures
|
Low | 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.
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 fee
|
0.10%, min £9 |
German stock
|
0.14% of trade value, min €6, max €99 |
Indian stock
|
Not available |
You can compare LYNX stock and ETF fees with the two closest competitors.
US stock
|
$5.0
|
$13.9
|
$2.2
|
---|---|---|---|
UK stock fee
|
$11.3
|
$13.9
|
$3.4
|
German stock
|
$6.5
|
$10.7
|
$5.3
|
Indian stock
|
-
|
-
|
-
|
Stock and ETF commissions are calculated for a $2,000 trade
LYNX forex commissions and spreads
LYNX forex fees are high. LYNX forex commissions and spreads for individual currency pairs are charged as per the table below.
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.
EURUSD benchmark fee
|
$17.3 | $22.7 |
-
|
---|---|---|---|
GBPUSD benchmark fee
|
$12.8 | $23.8 |
-
|
AUDUSD benchmark fee
|
$31.3 | $26.4 |
-
|
EURCHF benchmark fee
|
$4.3 | $3.5 |
-
|
EURGBP benchmark fee
|
$17.3 | $25.3 |
-
|
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.
Mutual fund
|
0.1% of trade value; min €6, max €45 |
---|
Check out how LYNX fund fees compare with the competition.
Mutual fund
|
$6.5
|
$20.0
|
$4.2
|
---|
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.
US Treasury bond
|
0.10% of trade value; min $5 |
---|---|
EU/UK government bond
|
0.14% of trade value; min €6 |
See how LYNX bond fees stack up against the competition.
US Treasury bond
|
$10.0
|
$33.5
|
-
|
---|---|---|---|
EU/UK government bond
|
$15.1
|
$30.3
|
$3.2
|
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.
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.
US stock index options
|
$24.0
|
-
|
$7.5
|
---|---|---|---|
US stock options
|
$24.0
|
-
|
-
|
UK stock index options
|
$43.8
|
-
|
-
|
German stock index options
|
$18.9
|
$48.6
|
$9.7
|
Options commissions are calculated for 10 contracts
LYNX futures commissions
You can see below how LYNX futures commissions are charged. LYNX futures fees are low.
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.
US micro e-mini stock index futures
|
$12.5
|
-
|
$7.5
|
---|---|---|---|
UK stock index futures
|
$25.0
|
-
|
-
|
German e-mini stock index futures
|
$10.8
|
$48.6
|
$8.1
|
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.
S&P 500 CFD fee
|
Spread cost plus 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.
S&P 500 index CFD fee
|
$14.8 | $3.7 |
-
|
---|---|---|---|
Euro Stoxx 50 index CFD fee
|
$15.2 | $3.7 |
-
|
Apple CFD
|
$5.1
|
$10.8
|
-
|
Vodafone CFD
|
$6.3
|
$5.9
|
-
|
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.
EURUSD financing rate
|
2.3%
|
5.0%
|
-
|
---|---|---|---|
GBPUSD financing rate
|
1.1%
|
5.0%
|
-
|
S&P 500 CFD financing rate
|
6.8%
|
8.9%
|
-
|
Euro Stoxx 50 CFD financing rate
|
5.5%
|
7.4%
|
-
|
Apple CFD financing rate
|
6.8%
|
8.9%
|
-
|
Vodafone CFD financing rate
|
6.7%
|
8.7%
|
-
|
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.
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
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.
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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.