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Compare ChoiceTrade vs LYNX


Online brokers compared for fees, trading platforms, safety and more. See how ChoiceTrade stacks up against LYNX!

ChoiceTrade vs LYNX
overall rating
4.1 / 5.0
4.4 / 5.0
overall pros
  • Commission-free stock trading
  • Fast and easy account opening
  • User-friendly mobile trading platform
  • Low trading fees
  • Great research tools
  • Wide range of markets and products
overall cons
  • High non-trading fees
  • Not user-friendly deposit and withdrawal
  • Limited product portfolio
  • Deposit and withdrawal are not user-friendly
  • €3,000 minimum deposit
  • High inactivity fee
fees
4 stars
  • Low trading fees
  • Commission-free stock trading
  • High non-trading fees
3 stars
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
account opening
5 stars
  • Fully digital account opening
  • User-friendly
3 stars
  • Fully digital account opening
  • User-friendly
  • Minimum account balance is higher than $500
deposit and withdrawal
1 stars
  • No deposit fee
  • Credit/Debit card deposit and withdrawal not available
  • High withdrawal fee
  • Only one account base currency
  • Not user-friendly withdrawal
2 stars
  • No deposit fee
  • Several account base currencies
  • One free withdrawal per month
  • Credit/Debit card deposit and withdrawal not available
  • Not user-friendly
web trading platform
2 stars
  • Clear fee report
  • Good variety of order types
  • Not user-friendly
  • No two-step (safe) login
  • Poor search function
3 stars
  • User-friendly
  • Good variety of order types
  • No two-step (safe) login
  • Limited customizability (for charts, workspace)
  • No price alerts
mobile trading platform
4 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
  • No price alerts
4 stars
  • Two-step (safe) login
  • Good search function
  • Innovative functions (i.e. Chatbot)
  • Not user-friendly
desktop trading platform
3 stars
  • Clear fee report
  • Good variety of order types
  • Looks nice
  • Limited customizability (for charts, workspace)
  • No two-step (safe) login
  • No price alerts
3 stars
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Price alerts
  • Not user-friendly
  • Poor search function
markets and products
1 stars
  • Stock
  • ETF
  • Options
4 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
research
3 stars
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Good quality news flow
  • Limited interactive charting
  • Not user-friendly
4 stars
  • Good interactive chart
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Not user-friendly
customer service
4 stars
  • Phone support
  • Relevant answers
  • No live chat
4 stars
  • Fast response time
  • Available in local languages
  • Irrelevant answers
education
3 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Hard to navigate
  • Poor production quality
3 stars
  • Good production quality
  • Demo account for desktop platform
  • No trading platform tutorial videos
  • No educational videos
  • Regulated by top tier financial authority
  • High level of investor protection
  • Financial information is publicly available
  • No negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Regulated by top tier financial authority
  • Negative balance protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Stock and options traders aiming for low trading fees and focusing on the US market European traders aiming for low trading fees, great research tools, and local customer support