BrokAIr Reviews

LYNX Review

"LYNX is one of the most expensive online brokerages yet it offers poor customer service." Is there a hidden reason why LYNX charges so much but offers so little?

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LYNX: An In-Depth Overview

Introduction

LYNX is an online broker based in the Netherlands. They offer trading services in stocks, ETFs, options, bonds, mutual funds and more. Founded in 2006 by former ING employees, LYNX is one of the most widely used online brokers in Europe. They have offices in Amsterdam, Berlin, Madrid and Zurich.

Pros and Cons

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Public Opinion

In general, LYNX is well-regarded by customers. The majority of online reviews are positive, highlighting the competitive trading fees, user-friendly mobile and desktop applications and the wide range of available assets. There have also been some negative reviews, mainly due to customer service issues and limited selection of markets.

Newsworthy Events

In 2018, LYNX received a license from the Dutch Central Bank (DNB). This was an important milestone for the company as it allowed them to offer services to customers across Europe. In 2019, LYNX became a member of the European Securities and Markets Authority (ESMA) and the Netherlands Authority for Financial Markets (AFM). This was another step towards becoming a trusted online broker in Europe. In 2020, LYNX launched its new mobile app for Android and iOS devices. The app is designed to be user-friendly and provides customers with access to their accounts, real-time quotes and market news.