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Compare LYNX vs XM


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

LYNX vs XM
overall rating
4.4 / 5.0
4.4 / 5.0
overall pros
  • Low trading fees
  • Great research tools
  • Wide range of markets and products
  • Low trading fees
  • Easy and fast account opening
  • Great educational tools
overall cons
  • Deposit and withdrawal are not user-friendly
  • €3,000 minimum deposit
  • High inactivity fee
  • Only CFDs and forex offered
  • Limited research tools
  • Inactivity fee
fees
3 stars
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
4 stars
  • Low trading fees
  • No withdrawal fee
  • Inactivity fee
account opening
3 stars
  • Fully digital account opening
  • User-friendly
  • Minimum account balance is higher than $500
5 stars
  • Fast account opening
  • Fully digital account opening
  • Very low minimum deposit
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
5 stars
  • Credit/Debit card deposit and withdrawal
  • No deposit fee
  • Quick funding and withdrawal -within 3 days
  • $15 fee for withdrawals less than $200
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
3 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Wide variety of languages
  • No two-step (safe) login
  • No price alerts
  • Does not look nice
mobile trading platform
4 stars
  • Two-step (safe) login
  • Good search function
  • Innovative functions (i.e. Chatbot)
  • Not user-friendly
4 stars
  • User-friendly
  • Looks nice
  • Available in several languages
  • No two-step (safe) login
desktop trading platform
3 stars
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Price alerts
  • Not user-friendly
  • Poor search function
3 stars
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Available in several languages
  • No two-step (safe) login
  • Does not look nice
markets and products
4 stars
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
1 stars
  • Forex
  • CFD
  • Crypto
research
4 stars
  • Good interactive chart
  • Analyst recommendations for stocks, bonds, etc.
  • Data on asset fundamentals
  • Not user-friendly
3 stars
  • Many technical-based analyzes
  • Great economic calendar
  • No fundamental data available
  • Missing news
customer service
4 stars
  • Fast response time
  • Available in local languages
  • Irrelevant answers
4 stars
  • Live chat
  • Fast response time
  • Available in local languages
  • Missing 24/7
  • Sometimes irrelevant answers
education
3 stars
  • Good production quality
  • Demo account for desktop platform
  • No trading platform tutorial videos
  • No educational videos
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Missing written education content
  • 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
  • Negative balance protection
  • Does not hold a banking license
  • 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 Forex and CFD traders looking for MetaTrader platforms and low trading fees