LYNX fees explained

Personally tested

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Independent

Overview of LYNX fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, LYNX is an OK choice, as it has average fees in general. Check our toplist for cheaper brokers.

I found LYNX's trading fees fairly average

Gyula Lencsés, CFA

Forex • Derivatives • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how LYNX fared:

LYNX charges low fees for trading stocks and ETFs.
There is an inactivity fee if you don't trade for an extended period of time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of LYNX for info on safety, trading platforms and funding.

LYNX fees at a glance
Assets	Fee level	Fee terms
US stock fee	Low	Up to 2,000 shares: $0.01 per share; from 2,000 shares: $0.005 per share. Min $5, max 2% of the transaction
EURUSD fee	Average	0.4 bps of trade value; min $4
US tech fund fee	Low	0.1% of trade value; min €6, max €45
Inactivity fee	Low	It is called 'platform fee'; €5 per month.

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Note that LYNX's fee structure is a bit different in each country they operate in. We checked Lynx.nl fees (applicable to Dutch clients).

Low stock and ETF commission

LYNX stock and ETF fees by market
	LYNX LYNX	Comdirect Comdirect	DEGIRO DEGIRO
UK stock fee Estimated commission of a $2,000 trade, assuming a $50 stock price	$11.3 0.10%, min £9	$13.9 0.25% of trade value + €7.9, min €12.9 max €62.9	$3.4 £2.75 per trade (£1.75 commission plus a £1 handling fee)
US stock Estimated commission of a $2,000 trade, assuming a $50 stock price	$5.0 Up to 2,000 shares: $0.01 per share; from 2,000 shares: $0.005 per share. Min $5, max 2% of the transaction	$13.9 0.25% of trade value + €7.9 (min. €12.9, max. €62.9)	$2.2 €2 per trade (€1 commission plus a €1 handling fee)
German stock Estimated commission of a $2,000 trade	$6.5 0.14% of trade value, min €6, max €99	$10.7 0.25% of trade value + €4.9, min €9.9 max €59.9	$5.3 €4.90 per trade (€3.90 commission plus a €1 handling fee)

LYNX charges a volume-based commission on stock and ETF trading. This can be per-share or percentage-based.

Market	Commission	Min	Max
North America
US	Up to 2,000 shares: $0.01 per share; 2,000+ shares: $0.005 per share	$5	2% of the trade value
Canada	Up to 2,000 shares: CAD 0.02 per share; 2,000+ shares: CAD 0.01 per share	CAD 5	1% of the trade value
Mexico	0.20% of the trade value	MXN 80	-
Europe
The Netherlands	0.06% of the trade value	€6	€45
Germany, Austria	0.10%-0.14% of the trade value	€6	€99 - €120
Belgium, France, Germany, Italy, Spain	0.09% of the trade value	€6	€45
UK	0.10% of the trade value	£9	-
Switzerland	0.11% of the trade value	CHF 15	-
Norway	0.15% of the trade value	NOK 40	-
Sweden	0.15% of the trade value	SEK 40	-
Poland	0.15% of the trade value	PLN 25	-
Hungary	0.15% of the trade value	HUF 2000	-
Asia-Pacific
Australia	0.15% of the trade value	AUD 10	-
Japan	0.15% of the trade value	JPY 500	-
China	0.20% of the trade value	CNH 50	-
Hong Kong	0.15% of the trade value	HKD 50	-
Singapore	0.15% of the trade value	SGD 5	-

Low margin rates

LYNX annual margin rates
	LYNX LYNX	Comdirect Comdirect	DEGIRO DEGIRO
USD margin rate	8.1% Interest on Margin Loans: IB rate + 2%	- Not available	6.9% Unallocated debit rate (USD) is 6.9%
GBP margin rate	8.5% Interest on Margin Loans: IB rate + 2%	- Not available	6.9% Unallocated debit rate (GBP) is 6.9%
EUR margin rate	6.9% Interest on Margin Loans: IB rate + 2%	7.6% 7.55% annual rate	6.9% Unallocated debit rate (EUR) is 6.9%

High options commission

The same fee ($2.4/contract) is applied for trading options on individual US stocks.

LYNX stock index options commission
	LYNX LYNX	Comdirect Comdirect	DEGIRO DEGIRO
US stock index options Estimated commission for 10 contracts	$24.0 $2.4 per contract	- Not available	$7.5 $0.75 per contract
UK stock index options Estimated commission for 10 contracts	$43.8 £3.5 per contract	- Not available	- Not available
German stock index options Estimated commission for 10 contracts	$18.9 €1.75 per contract	$48.6 €4.5 per contract, min €19 per trade	$9.7 €0.75 per contract

Low inactivity fee, no withdrawal fee

LYNX inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
LYNX		$0
Comdirect		$0
DEGIRO		$0

The inactivity fee is a maximum of €5 per month. It is calculated as €5 minus transaction costs incurred during the month. So for example, if your trading costs added up to only €3 in a month, a further €2 would be debited to make it €5 in total.
If you have a portfolio exceeding €100,000, you will be exempt from this fee. New customers are also exempt from the platform fee after making their first deposit and in the following three months.

The first withdrawal of every calendar month is free. Subsequent withdrawal charges vary by currency:

LYNX withdrawal fees
Currency	Fee
EUR - SEPA	1
EUR - Wire	8
USD	10

Other commissions and fees

You can find LYNX's fees for other asset classes below. Click 'Show more' for details.

Low mutual fund commission

However, it appears you can only invest in European investment funds at LYNX.

Fees for a $2,000 fund purchase
	LYNX LYNX	Comdirect Comdirect	DEGIRO DEGIRO
Mutual fund Estimated commission of a $2,000 US domiciled fund trade	$6.5 0.1% of trade value; min €6, max €45	$20.0 0-5% of trade value, charged only for buying	$4.2 €3.9 and 0.2% annual administration fee
EU mutual fund Subscription fee of a $2,000 face value European stock fund	$6.6 0.10% of trade value; min €6, max €45	$20.0 0-5% of trade value, only the buying is charged	$10.3 0.1% + €7.5 and 0.2% yearly administration fee

Fund fees are calculated as 0.1% of the trade value, and there is a minimum charge of €6 and a maximum of €45.

Low futures fees

Stock index futures fee for 10 contracts
	LYNX LYNX	Comdirect Comdirect	DEGIRO DEGIRO
US micro e-mini stock index futures Estimated commission for 10 contracts	$12.5 $1.25 per contract	- Not available	$7.5 $0.75 per contract
UK stock index futures Estimated commission for 10 contracts	$25.0 £2 per contract	- Not available	- Not available
German e-mini stock index futures Estimated commission for 10 contracts	$10.8 €1 per contract	$48.6 €4.5 per contract, min €19 per trade	$8.1 €0.75 per contract

High FX fees

To have a clear picture of forex fees we calculated a forex benchmark fee for major currency pairs. This catch-all benchmark includes commission, spreads and financing costs for all brokers.

LYNX forex fees
	LYNX LYNX	Comdirect Comdirect	DEGIRO DEGIRO
commission per lot	4.00	-	-
EURUSD spread Usual spread in pips	0.1	2.0	- EURUSD is not available
GBPUSD spread	0.3	3.0	- GBPUSD is not available
AUDUSD spread	0.2	3.0	- AUDUSD is not available
EURCHF spread	0.3	4.0	- EURCHF is not available
EURGBP spread Usual spread in pips	0.2	3.0	- EURGBP is not available

The forex fee is €4 per one lot. A lot is 100,000 units of the respective currency, for example, €100,000 for EURUSD trading.

Low bond commission

Fees for a $10,000 bond trade
	LYNX LYNX	Comdirect Comdirect	DEGIRO DEGIRO
US Treasury bond Estimated commission of a $10,000 US treasury bond trade	$10.0 0.10% of trade value; min $5	$33.5 0.25% of trade value + €7.9	- Not available
EU/UK government bond Estimated commission of a $10k EU or UK government bond trade	$15.1 0.14% of trade value; min €6	$30.3 0.25% of trade value + €4.9	$3.2 €3 (€2.00 fee + a €1 handling fee)

High CFD fees

Spread and commission for a $2,000 CFD trade
	LYNX LYNX	Comdirect Comdirect	DEGIRO DEGIRO
S&P 500 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$15.0	$3.7	- S&P 500 index CFD is not available
Euro Stoxx 50 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$15.7	$3.7	- Europe 50 index CFD is not available
Apple CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$12.8	$25.0	- Apple stock CFD is not available
Vodafone CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$15.1	$15.1	- Vodafone stock CFD is not available

We calculated with 20:1 leverage for stock index CFDs and 5:1 leverage for single stock CFDs.

Interest earned on cash

As a LYNX client, you will receive interest on your positively settled cash balances from Interactive Brokers (IBKR). Accounts with a Net Asset Value (NAV) of USD 100,000 (or equivalent) or more will earn interest at the full rate for which they are eligible with IBKR. Accounts with a NAV of less than USD 100,000 (or equivalent) will earn interest at rates commensurate with the size of the account.

LYNX will deduct 2% from the interest paid by IBKR. If the credit markdown charged by LYNX is greater than the credit interest paid by IBKR, you will not receive any interest.

At the time of our review, LYNX provided the following interest rates on uninvested cash:

up to 2.1% for USD
up to 2.5% for GBP
up to 0.9% for EUR

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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.