Skip to content
Daytraders.nl
Broker review
Traditional

LYNX

Founded 2006 Headquartered Netherlands ✓ AFM · DNB

LYNX is a Dutch introducing broker for Interactive Brokers, offering professional trading tools and access to 100+ markets in 30+ countries, with options from €0.79 per contract.

✓ Pros
  • Access to Interactive Brokers technology
  • Professional TWS platform
  • Options from €0.79 per contract
  • Access to 100+ markets
✗ Cons
  • Complex platform for beginners
  • Minimum activity fee
  • Learning curve for TWS

Fees & costs

Min. deposit
€0
Trading
European stocks (EUR): 0.06% of trade value (min €6.00, max €45.00). US stocks: USD 0.01 per share (min USD 5.00, max 3% of trade value). Options: AEX index €0.99, European stock options €0.79, US options USD 2.40 per contract.
Stock fee
0.06% (min €6.00, max €45.00)
Spread
Forex from 0.2 pips
Deposits
€ 0
Withdrawals
1 withdrawal per month at no cost
Inactivity
Individual/joint: €5.00 minus commissions paid that month (€0 if commissions are €5 or more, or net liquidation value is €100,000 or more). Business: €15.00 minus commissions.

Platforms & features

✓
Trader Workstation (TWS)
Professional trading platform with advanced tools
✓
LYNX+ (webtrader)
Browser-based trading platform
✓
Mobile App
LYNX Trading App on iOS and Android
✓
Options Trading
Advanced options strategies and Greeks
✓
Paper Trading
Practice with virtual money on demo account
✓
API Access
Trading API for algorithmic strategies

Who this fits best

✓ Active traders✓ Options traders✓ Professional traders

Note: complex platform for beginners.

How to use in practice

1.

Advanced Options Trading

Utilize LYNX's comprehensive options trading platform for multi-leg strategies, including spreads, straddles, and iron condors across global options markets.

Example

Construct an iron condor on the S&P 500 using TWS's OptionTrader, with real-time Greeks and probability analysis.

2.

Global Market Access with Dutch Support

Trade on 100+ markets in 30+ countries while receiving customer support and educational content in Dutch from the Amsterdam office.

Example

Buy Japanese stocks on the Tokyo Stock Exchange during Asian market hours while having access to Dutch-speaking support.

3.

Active Trading with Professional Tools

Execute high-frequency trading strategies using the Trader Workstation platform's advanced order types and algorithmic trading capabilities.

Example

Use TWS's ScaleTrader to automatically scale into a position in a US tech stock, buying shares at progressively lower prices.

Tips for beginners

  1. 01

    Start with the paper trading account

    LYNX offers a fully functional paper trading environment. Use this to learn the TWS platform's interface without risking real capital, practicing order types and strategy building.

  2. 02

    Attend LYNX's educational webinars

    LYNX provides regular Dutch-language webinars on topics like options trading, technical analysis, and platform usage. These are specifically designed to help you master the TWS platform.

  3. 03

    Use LYNX+ (webtrader) for simple trades

    If the full Trader Workstation feels overwhelming, start with LYNX+ for basic buy/sell orders. Move to TWS as you become more comfortable with advanced features.

  4. 04

    Know the minimum activity fee

    LYNX charges a monthly minimum activity fee of €5.00 minus the commissions you paid that month (€15.00 for business accounts). Plan your trading activity with this minimum in mind or accept the fee as a platform access cost.

Account opening steps

  1. 1.

    Online Application

    Complete the LYNX account application form online

  2. 2.

    Identity Verification

    Upload ID and proof of address documents

  3. 3.

    Account Setup

    Your account is set up through Interactive Brokers infrastructure

  4. 4.

    Platform Training

    Access training resources for the TWS platform

  5. 5.

    Start Trading

    Fund your account and start trading on 100+ markets

Extended guide

Complete Guide to Trading with LYNX

Getting Started

Opening a LYNX account involves completing an online application with personal and financial information. LYNX requires identity verification through document upload, including proof of address. As an introducing broker for Interactive Brokers, your account is actually held at Interactive Brokers but serviced by LYNX.

After approval, you'll receive access to the Trader Workstation (TWS) platform. Take advantage of LYNX's onboarding resources and Dutch-language tutorials before making your first trade.

Understanding the Platform

Trader Workstation (TWS): The cornerstone of LYNX's offering is TWS, a professional-grade platform with hundreds of features. Key elements include:

- Market Scanner for finding trading opportunities

- OptionTrader for complex options strategies

- ChartTrader for technical analysis directly from charts

- Portfolio Analyst for performance tracking

LYNX+ (webtrader): A browser-based alternative offering simpler functionality for quick trades when TWS isn't available.

Mobile App: The LYNX Trading App provides trading access on iOS and Android, synchronized with your TWS settings.

Options Trading

LYNX offers options trading. The platform supports all standard options strategies from covered calls to complex multi-leg combinations. Access to major options exchanges including CBOE and Eurex allows trading on US and European options, with contract fees from €0.79 (European stock options). Options are complex products with a high risk of loss.

Fee Structure

European stocks cost 0.06% of the trade value (min €6, max €45), US stocks USD 0.01 per share (min USD 5, max 3% of trade value), and options start at €0.79 per contract. Be aware of the monthly minimum activity fee: €5.00 minus the commissions you paid that month (€15.00 for business accounts).

Tips for Success

Leverage LYNX's educational resources extensively—they offer regular webinars and platform tutorials in Dutch. Use the paper trading account to master TWS before live trading. Focus on learning one platform feature at a time rather than trying to absorb everything at once.

Editorial review

LYNX is een Nederlandse broker opgericht in 2006, gereguleerd door de AFM en DNB. Het platform fungeert als introducing broker voor Interactive Brokers en biedt daarmee toegang tot het TWS-platform (Trader Workstation) van IBKR, naast de eigen webtrader LYNX+ en een mobiele app. iDEAL en SEPA worden ondersteund. Handelskosten voor Europese aandelen bedragen 0,06% van de transactiewaarde (min. € 6, max. € 45); voor Amerikaanse aandelen USD 0,01 per aandeel (min. USD 5). Opties zijn beschikbaar vanaf € 0,79 per contract.

Het grootste voordeel van LYNX is de combinatie van IBKR-technologie met een Nederlandse klantenservice en Nederlandstalige ondersteuning. Voor professionele traders en actieve beleggers biedt de TWS-integratie toegang tot 100+ markten in 30+ landen en geavanceerde ordertypen. Je rekening ligt bij Interactive Brokers Ireland (IBIE): het Ierse Investor Compensation Scheme vergoedt 90% van het verlies tot max. € 20.000. LYNX is zelf aangesloten bij het Nederlandse beleggerscompensatiestelsel (max. € 20.000 per cliënt).

Voor eenvoudige aankopen kunnen de handelskosten hoger uitvallen door het minimum van € 6; de minimale activiteitskosten van € 5 per maand (minus de betaalde commissie) zijn een aandachtspunt voor occasionele beleggers. Het TWS-platform heeft een stevige leercurve. LYNX is geschikt voor actieve Nederlandse traders die professionele tools, markttoegang en Nederlandstalige ondersteuning willen combineren. Opties, futures en margin zijn complexe producten met een hoog risico.

Frequently asked

What is the relationship between LYNX and Interactive Brokers?
LYNX is an introducing broker for Interactive Brokers. Your account is held at Interactive Brokers, but LYNX provides Dutch-language support, education, and customer service.
What are LYNX's trading fees?
LYNX charges 0.06% of the trade value (min €6, max €45) for European stocks, USD 0.01 per share (min USD 5) for US stocks, and options from €0.79 per contract.
Does LYNX have an inactivity fee?
LYNX charges a monthly minimum activity fee: €5.00 minus the commissions you paid that month (individual/joint accounts) or €15.00 minus commissions (business accounts).
Can I trade options at LYNX?
Yes, LYNX offers options trading with access to major options exchanges including CBOE. Options are complex products with a high risk of loss.
Does LYNX offer a demo account?
Yes, LYNX offers a paper trading account where you can practice with virtual money using the full TWS platform.
What platform does LYNX use?
LYNX uses Interactive Brokers' Trader Workstation (TWS), a professional trading platform.

Similar brokers