IC Markets
LYNX
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex and CFD traders who value easy account opening and free deposit/withdrawal options
Recommended for Any European traders looking for low stock and ETF fees and a good mobile trading platform
Australia
Netherlands
Fees
Low trading and non-trading fees
Average trading and non-trading fees, low stock and ETF fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
10
9
Deposit type
Withdrawal type
Account opening
$200
$2970
1 day
>3 days
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill / credit card statement / tax statement from last 3 months
Proof of identity: national ID / passport Proof of residency: bank statement
Trading platform
Markets and products
Disclaimer: 74.32% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 60.0% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Mid-range
Great
Customer service
Security
€20,000 protection for customers under CySEC, no protection for others
20,000
2007
2006
Cyprus, Australia, Seychelles
Netherlands, Ireland
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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.
IC Markets's service is slightly better than LYNX's and a comparison of their fees shows that IC Markets's fees are slightly lower than LYNX's.
Account opening takes much less effort at IC Markets compared to LYNX, deposit and withdrawal processes are more seamless at IC Markets, while customer service quality is similar to LYNX's.
Our experts rated the trading platform of IC Markets as being of the same quality as the platform of LYNX, found that clients have access to much less markets and products with IC Markets, while LYNX provides somewhat better research and education.