feed linkedin-square facebook-square twitter-square question-circle-o

Compare LYNX vs tastyworks


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

LYNX vs tastyworks
overall rating
4.4 / 5.0
4.5 / 5.0
overall pros
  • Low trading fees
  • Great research tools
  • Wide range of markets and products
  • Low options trading fees
  • Great education materials
  • Very good customer service
overall cons
  • Deposit and withdrawal are not user-friendly
  • €3,000 minimum deposit
  • High inactivity fee
  • Only US options, futures, and stocks
  • Can be intimidating for beginners
  • Trading platforms have some bugs
fees
3 stars
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
4 stars
  • Low trading fees
  • No inactivity fee
  • Transparent fee structure
  • Withdrawal fee
  • High financing rate
account opening
3 stars
  • Fully digital account opening
  • User-friendly
  • Minimum account balance is higher than $500
4 stars
  • Fully digital account opening
  • No minimum account balance
  • User-friendly
  • Can take 3 business days
deposit and 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
2 stars
  • No deposit fee
  • User-friendly
  • Credit/Debit card deposit and withdrawal not available
  • High withdrawal fee
  • Only one account base currency
web trading platform
3 stars
  • User-friendly
  • Good variety of order types
  • No two-step (safe) login
  • Limited customizability (for charts, workspace)
  • No price alerts
4 stars
  • Clear fee report
  • Good search function
  • Great options trading panel with embedded strategies
  • Limited customizability (for charts, workspace)
  • Can be intimidating for beginners
mobile trading platform
4 stars
  • Two-step (safe) login
  • Good search function
  • Innovative functions (i.e. Chatbot)
  • Not user-friendly
4 stars
  • Two-step (safe) login
  • Good search function
  • Good variety of order types
  • No price alerts
desktop trading platform
3 stars
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Price alerts
  • Not user-friendly
  • Poor search function
4 stars
  • Clear fee report
  • Price alerts
  • Looks nice
  • Limited customizability (for charts, workspace)
  • No two-step (safe) login
markets and products
4 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
1 stars
  • Stock
  • ETF
  • Options
  • Futures
research
4 stars
  • Good interactive chart
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Not user-friendly
4 stars
  • User-friendly
  • Very enjoyable and relevant videos
  • Great overviews for option trading
  • Options focused
  • Limited fundamental data
  • Limited chart analysis tools
customer service
4 stars
  • Fast response time
  • Available in local languages
  • Irrelevant answers
5 stars
  • Live chat
  • Fast response time
  • Relevant answers
  • Only in English
  • Only 24/5
education
3 stars
  • Good production quality
  • Demo account for desktop platform
  • No trading platform tutorial videos
  • No educational videos
5 stars
  • Educational videos
  • Easy to understand
  • Good production quality
  • No demo account
  • 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
  • Regulated by top tier financial authority
  • High level of investor protection
  • Started by well-known industry experts
  • No negative balance protection
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for European traders aiming for low trading fees, great research tools, and local customer support Price sensitive equity and option traders focusing on the US