Compare LYNX vs Tradestation


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

LYNX vs Tradestation
overall rating
4.2
4.7
overall pros
  • Wide range of markets and products
  • Low stock and ETF trading fees
  • Great mobile platform
  • Great web and mobile trading platform
  • Low stock and ETF fees
  • High-quality educational tools
overall cons
  • Deposit and withdrawal are not user-friendly
  • €3,000 minimum deposit
  • Not user-friendly desktop platform
  • Not user-friendly deposit and withdrawal
  • No forex trading
  • Poor customer service
fees
3.0
  • Low stock and ETF fees
  • Low fund fees
  • High forex fees
  • Inactivity fee
4.0
  • Low trading fees
  • Low stock and ETF fees
  • Multiple fee structures to choose from
  • High non-trading fees
  • Withdrawal fee
account opening
3.0
  • Fully digital
  • User-friendly
  • Slow
  • Minimum deposit is higher than $500
5.0
  • Fast
  • Fully digital
  • User-friendly
  • $500 minimum deposit
  • Multiple base currencies only for futures accounts
deposit and withdrawal
3.0
  • Free withdrawal
  • No deposit fee
  • Several account base currencies
  • One free withdrawal per month
  • Credit/Debit card not available
  • Not user-friendly
2.0
  • No deposit fee
  • Several account base currencies
  • Credit/Debit card not available
  • High withdrawal fee
  • Slow withdrawal - over 3 days
web trading platform
3.0
  • User-friendly
  • Clear fee report
  • Good variety of order types
  • No two-step (safer) login
  • Limited customizability (for charts, workspace)
  • No price alerts
5.0
  • User-friendly
  • Clear fee report
  • Two-step (safer) login
  • No price alerts
mobile trading platform
4.0
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • User interface is a bit complex
5.0
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • Limited search functions
desktop trading platform
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • No two-step (safer) login
  • The platform is not completely translated to English
3.0
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Not user-friendly
  • Poor search function
  • Poor design
markets and products
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
2.0
  • Stock
  • ETF
  • Fund
  • Bond
  • Options
  • Futures
research
4.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Not user-friendly
4.0
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
  • Many add-on research tools are not free
customer service
4.0
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
2.0
  • Phone support
  • Fast response time
  • No 24/7 support
  • Live chat doesn't work
education
3.0
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Majority of clients belong to a 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
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Parent company listed on stock exchange
  • No negative balance protection
  • Does not hold a banking license
recommended for European traders looking for low stock and ETF fees and a good mobile trading platform Traders focusing on US markets and buy-and-hold investing
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