Updated September 29, 2026 · BrokerCue Editorial Team
LYNX vs Saxo
What sets them apart
| Compare |  LYNX |  Saxo |
|---|---|---|
| Minimum deposit | $0 | CHF 0 |
| Stock trade fee | $5 | $1Lower |
| Inactivity fee | €5 | €0Lower |
| Markets | Stocks, ETFs, Forex, Options, Futures, Bonds, Funds | Stocks, ETFs, Forex, CFDs, Options, Futures, Bonds, FundsCovers more |
| Deposit and withdrawal fees | One withdrawal per month free | Free deposits and withdrawals |
| Platforms | LYNX+, Trader Workstation, Trading App | SaxoInvestor, SaxoTrader |
| Regulators | Not confirmed | Danish Financial Supervisory Authority (FSA), Financial Conduct Authority (FCA) |
| Investor protection | Not confirmed | EU ICS up to EUR 20,000 |
| Retail accounts that lose money | Not confirmed | 64% |
| Currency conversion fee | Not confirmed | 0.25% |
| Margin rate | 7.1% | Not confirmed |
| Options contract fee | Not confirmed | $2 |
| Account types | Not confirmed | Joint, Corporate |
Same on both: Account fee (€0).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Stock trade fee is lower at Saxo: $1 vs $5.
- Inactivity fee is lower at Saxo: €0 vs €5.
- Markets: only Saxo offers CFDs.
- Platforms: only LYNX offers LYNX+, Trader Workstation, Trading App.
- Platforms: only Saxo offers SaxoInvestor, SaxoTrader.
Our verdict on each
LYNX
LYNX suits experienced traders who want a long list of markets behind the same account. The account fee is €0 and the minimum deposit is $0, so holding costs nothing, while a stock trade fee of $5 makes dealing the cost centre.
Saxo
Saxo suits investors who want a Danish bank with no account or inactivity charge and a wide market list, but the stock trade fee is $1 and the FX fee is 0.25%. Costs stay predictable for long holders, less so for frequent traders.
Score breakdown
| Area | LYNX | Saxo |
|---|---|---|
| Cost | 9.0Costly to trade: stock trade fees rank 139 of 161 and the inactivity fee 34 of 56, against an account fee of €0. | 9.1HigherAccount fee and inactivity fee are both €0 and €0, and the minimum deposit is CHF 0. Stock trades cost $1. |
| Offer | 9.6Higher | 9.3 |
| Trust | Not confirmed | 9.5 |
How they place
| Ranking | LYNX | Saxo |
|---|---|---|
| Stock and ETF brokers | 74 of 471 | 78 of 471 |
| Forex brokers | 31 of 147 | 33 of 147 |
| Low-spread forex brokers | 29 of 145 | 31 of 145 |
| Options trading platforms | 21 of 103 | 23 of 103 |
| Futures trading platforms | 18 of 82 | 21 of 82 |
Choosing between them
Pick LYNX if offer matter most.
Pick Saxo if stock trade fee, inactivity fee, and markets matter most.
Where each is licensed and available
| Country | LYNX | Saxo |
|---|---|---|
| Denmark | Not confirmed | |
| United Kingdom | Not confirmed |
Side by side, item by item
| Markets | LYNX | Saxo |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | Yes |
| CFDs | No | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| Bonds | Yes | Yes |
| Funds | Yes | Yes |
Every fact side by side
| Fact | LYNX | Saxo |
|---|---|---|
| Features | Fractional shares, Demo account, Mobile app | Demo account, Fractional shares, Mobile app |
| Pricing model | Low fees | Low fees |
| Audience | Experienced | Not confirmed |
| Legal entity | Not confirmed | Saxo Bank A/S |
| Headquarters | Not confirmed | Denmark |
| Founded | Not confirmed | 1992 |
Where each stands against the rest
| Fact | LYNX | Saxo | Median |
|---|---|---|---|
| Stock trade fee | $5highest quarter | $1highest quarter | $0 |
| Account fee | €0at the median | €0at the median | €0 |
| Inactivity fee | €5above the median | €0below the median | €2.45 |
| Retail accounts that lose money | Not confirmed | 64%lowest quarter | 72.05% |
| Currency conversion fee | Not confirmed | 0.25%below the median | 0.45% |
| Margin rate | 7.1%below the median | Not confirmed | 8.75% |
Median across 91 listed brokers.
Pros and cons
LYNX
Pros
- Nothing to pay for the account itself: fees run €0 and the minimum deposit is $0.
- The same account covers stocks, etfs and forex, putting shares, funds, bonds and derivatives under one roof.
- Platform choice runs from the LYNX+ terminal to the Trader Workstation and a mobile app, and a demo account with fractional shares comes with it.
Cons
- A stock trade fee of $5 applies to every deal, so frequent dealing raises the bill quickly.
- An inactivity fee of €5 applies, so money left untouched still carries a charge.
- A margin rate of 7.1% means a small deposit can control a much larger position.
Saxo
Pros
- Account fee and inactivity fee are both €0 and €0
- Minimum deposit is CHF 0 and deposits and withdrawals carry no charge
- Regulated in Denmark by the Danish Financial Supervisory Authority and in the UK by the Financial Conduct Authority
Cons
- Stock trade fee of $1 sits well above the site median of €0
- FX fee of 0.25% applies on top of trading costs
- Investor protection is limited to the EU scheme at EU ICS up to EUR 20,000
Who each suits
LYNX
Who it suits
- Experienced traders: the audience listed is experienced, and the account is priced as a low fee model.
- Anyone who wants stocks, etfs and forex sitting in the same login.
- Traders who want to practise first, with a demo account and fractional shares alongside a mobile app.
Who should look elsewhere
- eToro for occasional share buying: its stock trade fee is $0 against $5 at LYNX, so small repeated deals cost more here.
- Vantage for anyone who must start with a deposit: the minimum deposit there is $5 while LYNX opens at $0.
- CFI for CFD and crypto trading, since its markets run to stocks, etfs and forex while LYNX runs to stocks, etfs and forex.
Saxo
Who it suits
- Investors holding stocks and ETFs long term who want no account or inactivity charge
- Traders who need forex, options, futures and CFDs on one account
- Joint and corporate account holders
Who should look elsewhere
- Beginners wanting commission-free share dealing, where eToro charges $0 per trade
- Small-balance traders unwilling to meet the Vantage minimum deposit of $5
- Frequent currency converters put off by the 0.25% FX fee
Questions about each
LYNX
What does LYNX charge to open and hold an account?+
Opening and holding are free: the account fee is €0 and the minimum deposit is $0. Costs appear only when you trade, through a stock trade fee of $5. The account is priced overall as a low fee model rather than a subscription service.
What does a stock trade cost on LYNX?+
A stock trade costs $5 with no account fee on top, and the same account also carries forex, options, futures, bonds and funds. On share dealing alone LYNX sits near the back of the brands compared, at 139 of 161.
Saxo
What does Saxo charge to hold an account?+
The account fee is €0 and the inactivity fee is €0, so there is no annual or dormancy charge. Saxo ranks 1 of 138 on account fee and 1 of 56 on inactivity fee. That makes it a straightforward choice for long-term holdings.
How much does it cost to buy a stock?+
Stock trades cost $1 through Saxo. That places it at 107 of 161 on this measure, and above the site median of €0. Active share traders should weigh that before opening.
Other options to compare
Other matchups
- LYNX vs Nexo
- LYNX vs Markets.com
- LYNX vs Optimus Futures
- LYNX vs flatex Online-Broker (DE)
- LYNX vs Wealthsimple
- LYNX vs Swissquote
- LYNX vs Tradier
- LYNX vs Fidelity
- LYNX vs Merrill Edge
- LYNX vs VT Markets
- LYNX vs Lime Financial
- LYNX vs Axi
- LYNX vs Deriv
- LYNX vs FxPro
- LYNX vs Octa
- LYNX vs TradeStation
- Saxo vs ActivTrades
- LYNX vs XTB
- LYNX vs NAGA
- Saxo vs eToro
- LYNX vs Mintos
- LYNX vs Bitpanda
- LYNX vs Robinhood
- Saxo vs Empower Personal Dashboard
- Saxo vs EBC Financial Group
- LYNX vs CapTrader
- Saxo vs Lightyear