LYNX vs Royal compared

LYNX
Royal
86.67% of retail CFD accounts lose money

LYNX

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score5.0/5.0
  • Account opening score2.0/5.0
  • Deposit and withdrawal score3.0/5.0
Good to know
Recommended for
  • equity 4.33/5
You can't open an account at LYNX

Royal

Key score differences
We took 8 criteria of our comparison (fee, account opening, customer service, markets&product, research, trading platform, deposit&withdrawal) and listed the angles with the greatest difference here below.
  • Markets and products score1.8/5.0
  • Account opening score5.0/5.0
  • Deposit and withdrawal score4.6/5.0
Good to know
Recommended for
  • investors and traders globally
You can't open an account at Royal
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Basic data of broker

Overall Score
4.1

Recommended for Any European traders looking for low stock and ETF fees and a good mobile trading platform

Overall Score
3.9

Recommended for Traders looking for low forex fees and preferring the MetaTrader platform

Country of origin

Netherlands

Country of origin

Australia

Fees

Fees score
3.5
Fees score
3.0
Fees summary

Average trading and non-trading fees, low stock and ETF fees

Fees summary

Low forex, but high CFD 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

Deposit and withdrawal score
3.0
Deposit and withdrawal score
4.6
Number of base currencies

9

Number of base currencies

12

Deposit type

Withdrawal type

Account opening

Account opening score
2.0
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$2970

*
Minimum deposit
*

$50

*
Time to open account

>3 days

Time to open account

1 day

Required documents

Proof of identity: national ID / passport Proof of residency: bank statement

Required documents

Proof of identity: valid passport or government ID, AND a driving license Proof of residency: utility bills, bank or credit card statement, tenancy contract or a residency certificate

Trading platform

Web platform score
3.8
Web platform score
2.8
Mobile platform score
3.5
Mobile platform score
3.8
Desktop platform score
3.8
Desktop platform score
3.4

Markets and products

Markets and products score
5.0
Markets and products score
1.8
Stocks
Stocks
Fractional shares
*
*
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

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.

CFD disclaimer

Disclaimer: 86.67% 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

Research score
4.3
Research score
4.5
Charting quality

Great

Charting quality

Mid-range

Education score
3.0
Education score
3.0
Demo account
Demo account

Customer service

Customer service score
4.5
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

20,000

Investor protection amount

€20,000 for clients under CySEC

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

2006

Foundation date

2006

Country of regulation

Netherlands, Ireland

Country of regulation

Australia, Cyprus, Lebanon, Saint Vincent and the Grenadines, Vanuatu

LYNX

For detailed information and hands-on experience, read our review of this broker.

Royal

For detailed information and hands-on experience, read our review of this broker.

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.

LYNX's service is on par with Royal's and a comparison of their fees shows that LYNX's fees are slightly lower than Royal's.

Account opening takes considerably more effort at LYNX compared to Royal, deposit and withdrawal processes are more complicated at LYNX, while customer service quality is somewhat lower than Royal's.

Our experts rated the trading platform of LYNX as being of the same quality as the platform of Royal, found that clients have access to much more markets and products with LYNX, while Royal provides just about the same quality of research and education.

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