Broker comparison

DEGIRO vs.
LYNX Broker

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

LYNX Broker has a higher rating of 4.5/5 compared to DEGIRO (4.1/5). LYNX Broker has been in the market since 2006, making it the more experienced provider.

Low-cost online broker with broad European offering

German broker powered by Interactive Brokers technology

At a glance

The key differences

Criterion
PlatformsDEGIRO App, DEGIRO WebTWS, LYNX Trading App
Product typesStocks, ETFs, Options, Futures, BondsStocks, Options, Futures, ETFs, CFDs
Options tradingYes, mediumYes, comprehensive
Fee modelEurex options: €1.00 per contractfrom €2 per contract
Minimum deposit0 €0 €
RegulationBaFin/AFM/DNBBaFin/AFM
More informationDetailsDetails

Platforms

DEGIRO

DEGIRO App, DEGIRO Web

LYNX Broker

TWS, LYNX Trading App

Product types

DEGIRO

Stocks, ETFs, Options, Futures, Bonds

LYNX Broker

Stocks, Options, Futures, ETFs, CFDs

Options trading

DEGIRO

Yes, medium

LYNX Broker

Yes, comprehensive

Fee model

DEGIRO

Eurex options: €1.00 per contract

LYNX Broker

from €2 per contract

Minimum deposit

DEGIRO

0 €

LYNX Broker

0 €

Regulation

DEGIRO

BaFin/AFM/DNB

LYNX Broker

BaFin/AFM

More information

DEGIRO

Details

LYNX Broker

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

Eurex options: €1.00 per contract

Published fee
Eurex options: €1.00 per contract
Minimum deposit
0 €
See terms at provider

from €2 per contract

Published fee
from €2 per contract
Minimum deposit
0 €
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

DEGIRO says its execution policy considers price, costs and the likelihood of execution, among other factors. Available venues can depend on the product and order.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

StocksETFsOptionsFuturesBonds
StocksOptionsFuturesETFsCFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

DEGIRO App · DEGIRO Web

DEGIRO offers the DEGIRO App and the DEGIRO Web platform. Both provide real-time quotes, charts, various order types, portfolio overview, and access to over 50 international exchanges. The platform is optimized for simplicity and low costs.

Explore platform

TWS · LYNX Trading App

LYNX offers the Trader Workstation (TWS) from Interactive Brokers and the LYNX Trading App. TWS provides professional options trading, over 100 order types, Strategy Builder, and Risk Navigator. The LYNX App enables mobile trading with quotes and order placement.

Explore platform

Regulation & security

flatexDEGIRO Bank Dutch Branch

BaFin/AFM/DNB

Regulatory information

BaFin/AFM

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Low-cost online broker with broad European offering

  • Low fees
  • User-friendly
  • EU-regulated
  • Limited options strategies
  • No phone support

German broker powered by Interactive Brokers technology

  • German support
  • Interactive Brokers technology
  • Good educational resources
  • Higher fees than IB direct
  • Minimum activity required

Find the broker that fits

DEGIRO oder LYNX Broker?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

DEGIRO4.1
  • Low fees
  • User-friendly
  • EU-regulated
LYNX Broker4.5
  • German support
  • Interactive Brokers technology
  • Good educational resources
VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
Open The Dealing Room

In-depth analysis

Options costs: On the pure contract fee DEGIRO is cheaper — options from €0.75 per contract versus from €2 per contract at LYNX Broker. The minimum deposit is €0 at both. DEGIRO's cost advantage thus sits against LYNX's feature depth.

Platform and execution: LYNX Broker (founded 2006, Amsterdam) uses the professional TWS platform (Trader Workstation) and routes via the IBKR infrastructure with ~25 ms execution; options trading is, per the data, comprehensive. DEGIRO (founded 2008, Amsterdam) relies on app and web with ~150 ms Smart Order Routing and offers medium options depth. Both trade stocks, ETFs, options and futures; LYNX adds CFDs, DEGIRO adds bonds.

Regulation and verdict: Both are BaFin/AFM-regulated. Ratings: LYNX Broker 4.5/5, DEGIRO 4.1/5. For cost-conscious investors who trade options and ETFs occasionally, DEGIRO is attractive thanks to the low contract fee; those needing the professional TWS platform, fast execution and comprehensive options trading are better served by LYNX Broker.

Your questions

Frequently asked questions

How do fees differ between DEGIRO and LYNX Broker?
DEGIRO: Eurex options: €1.00 per contract. LYNX Broker: from €2 per contract. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: DEGIRO or LYNX Broker?
DEGIRO offers Stocks, ETFs, Options, Futures, Bonds. LYNX Broker offers Stocks, Options, Futures, ETFs, CFDs.
How are DEGIRO and LYNX Broker regulated?
The broker profiles list BaFin/AFM/DNB for DEGIRO and BaFin/AFM for LYNX Broker. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is DEGIRO or LYNX Broker better for beginners?
DEGIRO lists a 0 € minimum deposit and offers DEGIRO App, DEGIRO Web. LYNX Broker lists 0 € and offers TWS, LYNX Trading App. Compare usability, available products and costs for your intended use.
DEGIRO vs LYNX Broker: Which broker is better overall?
The choice between DEGIRO (4.1/5, 567 reviews) and LYNX Broker (4.5/5, 1247 reviews) depends on your needs. DEGIRO: Low-cost online broker with broad European offering. LYNX Broker: German broker powered by Interactive Brokers technology.

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Before you pick a broker

The guides worth reading before your first trade, whichever of the two you choose.

Options taxes in GermanyFlat-rate tax, loss offsetting and allowances.Options trading basicsStrike, expiry, underlying: the building blocks of every option.Regulation: BaFin, ESMA & investor protectionWho supervises your broker and what that protects.
Terms in the glossary:PremiumCall optionMarginExercisePut option