Lynx Broker Review: A Comprehensive Analysis

Our team at Financial Authority takes a direct and transparent approach to reviewing online brokers. In this review, we dissect Lynx Broker's offerings from the perspective of a user, examining its platforms, tools, costs, and overall suitability for active investors. We'll provide a clear summary of what Lynx is, its strengths and weaknesses, and answer common questions about the login process to give you a complete picture.

What Is Lynx Broker?

Lynx Broker is a European online broker that caters to active investors, offering access to a wide range of trading opportunities and instruments. Since 2006, the company has focused on providing a robust trading environment, advanced tools, and a high level of service. The broker's core value proposition revolves around empowering serious investors with the technology and resources needed to execute sophisticated strategies. We found that Lynx provides access to over 30 markets across more than 100 countries, allowing traders to hold and deposit in more than 20 currencies.

The trading tools and services are designed for more than just simple stock trading. Lynx supports a diverse range of financial instruments, including:

• Stocks: Access to a global selection of shares, including U.S. stock options.
• ETFs: A wide variety of ETFs and trackers are available.
• Options: With access to over 30 options exchanges, traders can execute multi-leg strategies as a single order.
• Futures: Direct access to major global futures markets.
• Forex: Over 100 currency pairs are available with ultra-low spreads starting from 0.1 basis points.
• Penny Stocks: Access to extensive OTC markets, with over 7,000 penny stocks.

The broker offers two primary platforms to cater to different trading styles:

• LYNX+: A user-friendly platform accessible via PC, tablet, and smartphone. It features TradingView charts, options trading tools, and portfolio performance analysis.
• Trader Workstation (TWS): An award-winning platform for advanced traders. TWS is highly customizable, offering extensive fundamental market data, automated trading capabilities, and precise risk assessment features. It is a powerful desktop solution for professionals.

The broker also provides a mobile trading app, allowing traders to monitor their portfolios and place orders from anywhere.

What Are the Advantages and Disadvantages of Lynx Broker?

Our analysis reveals a clear set of pros and cons that any potential trader should consider before opening an account with Lynx Broker.

Frequently Asked Questions about Lynx Broker Login

Navigating a new trading platform can present initial challenges. Based on our review, here are a few common questions related to the Lynx Broker login process.

Q1: What platforms can I use to log in to my Lynx account?

A: You can log in through the LYNX+ web-based platform, the Trader Workstation (TWS) desktop application, and the Lynx mobile trading app. The paper trading account is not compatible with LYNX+, and can only be used with TWS and the mobile app.

Q2: What should I do if I forget my username or password?

A: If you have forgotten your username or password, you must use the recovery process in the Client Portal. You will need to click the “Need Help?” option, and then follow the on-screen instructions, which typically involve verifying your identity with your email address, date of birth, and ID number to receive a temporary authorization token. Your username cannot be changed after creation.

Q3: Can a second user have access to my account?

A: By default, a trading account is configured for a single user. However, you can create additional user profiles in the Client Portal to allow a second user to access and manage the account.

User Feedback on Lynx Broker

“I've been using TWS through Lynx for a few years now. The platform is incredibly powerful and customizable, which is exactly what I need for my strategy. The range of markets is fantastic, but I do wish the fees were a little more transparent upfront.” - Active Trader, Europe

“I started with Lynx to trade options and the LYNX+ platform has been great. It's user-friendly and the TradingView charts are a huge plus. My only complaint is the high minimum deposit. It might scare off people who are just starting out.” - Intermediate Investor

“Their customer support is knowledgeable, which is a big relief when dealing with complex orders. However, I was disappointed to find no deposit bonuses or loyalty programs. Other brokers offer those, and it makes a difference.” - Seasoned Investor