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Compare IG vs LYNX


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

IG vs LYNX
overall rating
4.5 / 5.0
4.4 / 5.0
overall pros
  • Easy-to-use web trading platform
  • Helpful and reliable customer service
  • Great deposit and withdrawal tools
  • Low trading fees
  • Great research tools
  • Wide range of markets and products
overall cons
  • High trading fees
  • Limited product portfolio
  • Limited research tools
  • Deposit and withdrawal are not user-friendly
  • €3,000 minimum deposit
  • High inactivity fee
fees
2 stars
  • Low financing rate
  • Transparent fee structure
  • High trading fees
  • Inactivity fee
3 stars
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
account opening
4 stars
  • Fast account opening
  • Fully digital account opening
  • No minimum deposit for bank transfer
  • The sales team is quite pushy, prompting you regularly to fund your account
3 stars
  • Fully digital account opening
  • User-friendly
  • Minimum account balance is higher than $500
deposit and withdrawal
5 stars
  • Credit/Debit card deposit and withdrawal
  • Several account base currencies
  • User-friendly
  • Not transparent on available base currencies
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
5 stars
  • User-friendly
  • Two-step (safe) login
  • Good search function
  • Good customizability (for charts, workspace)
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
5 stars
  • User-friendly
  • Good search function
  • Good variety of order types
  • No two-step (safe) login
4 stars
  • Two-step (safe) login
  • Good search function
  • Innovative functions (i.e. Chatbot)
  • Not user-friendly
desktop trading platform
-
3 stars
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Price alerts
  • Not user-friendly
  • Poor search function
markets and products
3 stars
  • Forex
  • Options
  • CFD
  • Crypto
  • Equities for UK clients
  • Robo-advisory type of service in the UK
4 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
research
3 stars
  • Good interactive chart
  • Good quality news flow
  • User-friendly
  • No fundamental data available
  • No/limited set of analytic tools
4 stars
  • Good interactive chart
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Not user-friendly
customer service
5 stars
  • Live chat
  • Fast response time
  • Relevant answers
4 stars
  • Fast response time
  • Available in local languages
  • Irrelevant answers
education
5 stars
  • Demo account
  • Educational videos
  • Easy to understand
3 stars
  • Good production quality
  • Demo account for desktop platform
  • No trading platform tutorial videos
  • No educational videos
  • Listed on stock exchange
  • Financial information is publicly available
  • Regulated by top-tier regulators, like FCA
  • No negative balance protection
  • 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 Traders with any experience level aiming for a great and easy-to-use trading platform European traders aiming for low trading fees, great research tools, and local customer support