Overview of LYNX fees and charges

When it comes to brokerage fees LYNX shows a mixed picture: some fees are high but some are low. First you need to figure out your approach or you should use our questionnaire to be able to tell whether LYNX fees are an advantage for you. Continue reading about LYNX fees and charges to see if this is the right brokerage for you or a similar broker like DEGIRO or Saxo Bank is better for you.

Here's a high level overview of LYNX's fees

LYNX Fees snapshot
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. Minimum $5; maximum 2% of the transaction
EURUSD fee High 0.4 bps of trade value with $4 min
US tech fund fee Low 0.10% of trade value; min €6, max €45
Inactivity fee Average It is called platform fee and it is €5 per month.

LYNX fees
LYNX fees explained

Online brokerages in general charge much lower brokerage fees than traditional brokerages do - this is largely due to the fact that online brokerages' businesses can be much better scaled: From a purely technical standpoint it doesn't make that much of a difference for them if they have 100 or 5000 clients.

This is not to say however that they don't have any fees at all. They make money by charging you at various events for various rates. Usually you need to keep an eye on these 3 types of fees:

  • Trading fees - these are brokerage fees that you pay when you actually do a trade, i.e. buying an Apple stock or an ETF. What you pay is either a commission, a spread or financing rate. Some brokers apply all of these.
    • A commission is either based on the traded volume or it is fixed.
    • A spread is the difference between the buy price and the sell price
    • Financing rate or overnight rate is charged when you hold your leveraged positions for more than one day.
  • Non-trading fees. These occur related to some operations you make in your account, i.e. depositing money to your account, withdrawing money from it or not trading for an extended amount of time.

We compare LYNX fees with its closest competitors, DEGIRO and Saxo Bank.

LYNX fees
LYNX trading fees

LYNX's trading fees are mid-tier which means you need to pay special attention to asset classes with high trading fees.

Let's break down the trading fees into the different asset classes available at LYNX.

Trading fees

LYNX's trading fees are average.

Stock fees and ETF fees

LYNX has low stock trading fees.

Stock fees of a $2,000 trade
US stock $5.0 $0.6 $10.0
UK stock $10.8 $2.4 $9.6
German stock $6.6 $5.4 $11.0

Forex fees

LYNX's forex fees are high.

Forex fees of a $20,000 30:1 position open, 1-week-hold, and close
EURUSD benchmark fee $21.9 - $15.7
EURGBP benchmark fee $17.0 - $10.4

Fund fees

LYNX fund fees are low.

A $2,000 fund buy fees
Mutual fund $6.6 $10.3 $0.0
EU mutual fund $6.6 $10.3 -

Bond fees

LYNX has low bond fees.

Bond fees of a $10,000 trade
US Treasury bond $10.0 - $88.0
EU government bond $15.4 $10.5 $88.0

Options fees

LYNX's options fees are high.

Stock index options fees of 10 contracts
US stock index options $24.0 $5.0 $40.0
UK stock index options $42.0 - $36.0
German stock index options $19.3 $9.9 $44.0

Futures fees

LYNX's futures fees are average.

Stock index futures fee of 10 contracts
US stock index futures $12.5 $5.0 $40.0
UK stock index futures $24.0 $0.0 $36.0
German stock index futures $11.0 $8.3 $44.0

CFD fees

LYNX has high CFD trading fees.

CFD fees, commission of a $2,000 trade
Apple CFD $5.1 - $10.1
Vodafone CFD $6.0 - $9.9
Germany $6.8 $5.7 $11.4

Crypto fees

Financing rates

LYNX financing rates are average.

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

LYNX yearly financing rates
Apple CFD financing rate 6.7% - 6.7%
Vodafone CFD financing rate 5.2% - 5.2%
EURUSD financing rate 3.7% - 3.9%
EURGBP financing rate 2.3% - 2.0%

LYNX fees
LYNX non-trading fees

When it comes to looking at all the non-trading fees LYNX is an average broker. This means that some of the non-trading fees are high, but the others are low or not charged at all.

Non-trading fees include various brokerage fees and charges at LYNX that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how LYNX stacks up in non-trading fees
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee Yes No Yes
Account fee No No No

LYNX fees
LYNX deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and LYNX is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods LYNX offers.

LYNX deposit methods
Bank transfer Yes Yes Yes
Credit/Debit card No No Yes
Electronic wallets No Yes No
Deposit fee $0 $0 $0

LYNX fees
LYNX withdrawal fee

Unlike the majority of the online brokers we have reviewed LYNX does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

LYNX withdrawal fees and options compared
Bank transfer Yes Yes Yes
Credit/Debit card No No Yes
Electronic wallets No Yes No
Withdrawal fee with bank transfer $0 $0 $0

LYNX fees
LYNX inactivity fee

LYNX does apply an inactivity fee and it is It is called platform fee and it is €5 per month.. This means that you need to be strategic about your trading activity to avoid getting charged after a longer time of no trade. The fact that LYNX charges an inactivity fee makes it less ideal for you if you are a buy and hold investor.

LYNX has average inactivity fee.

Inactivity fee Yes No Yes
Inactivity fee It is called platform fee and it is €5 per month. No inactivity fee In the UK, £25 after one quarter of inactivity. SIPP and ISA accounts are exempt from this fee. In non-UK countries, $100 after 6 months of inactivity.

Read more about LYNX inactivity fee on their own site.

Ádám Nasli

Ádám Nasli

Broker Expert

Author of this article

Ádám is a motivated finance expert with over two years of experience in banking and investment, and a professional degree in this field. He's eager to help people find the best investment provider for them, and to make the investment sector as transparent 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