OANDA
LYNX Broker
VS
Higher Rated
OANDA
Capital at risk · T&Cs apply
Choosing between OANDA and LYNX Broker depends on your trading style, preferred markets, and budget. OANDA is headquartered in New York, USA, while LYNX Broker operates from Amsterdam, Netherlands. OANDA has the longer track record, established in 1996, compared to LYNX Broker which was founded in 2006. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
OANDA
LYNX Broker
| OANDA | LYNX Broker | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.4/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:50 ✓ | 1:5 |
| Regulation | FCA, CFTC, ASIC ✓ | AFM, FCA |
| Platforms | MT4, Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile, Trader Workstation |
OANDA is the better choice overall, scoring 4.1/5 vs 3.4/5 on BrokerRank's independent rating. On fees, LYNX Broker offers lower spreads (0 pips).
See full side-by-side comparison belowOANDA
WinnerLYNX Broker
OANDA
LYNX Broker
OANDA holds licences from FCA, CFTC, ASIC. LYNX Broker is regulated by FCA, AFM.
Both brokers offer access to Forex, Cfd, Indices markets. OANDA additionally covers Commodities. LYNX Broker adds Stocks, Etf.
On spreads, LYNX Broker is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at OANDA.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. LYNX Broker offers Proprietary Web, Proprietary Mobile, Trader Workstation. Both brokers are available on Proprietary Web, Proprietary Mobile.
OANDA requires no minimum deposit, while LYNX Broker sets no minimum deposit. This makes OANDA accessible to traders with any budget.
BrokerRank scores OANDA at 4.09/5 and LYNX Broker at 3.37/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. OANDA leads overall with a clear advantage.
OANDA
4.1/5
Choose OANDA if you want…
LYNX Broker
3.4/5
Choose LYNX Broker if you want…
OANDA scores higher overall on our independent rating system. OANDA holds a 4.1/5 rating vs LYNX Broker's 3.4/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
OANDA offers spreads from 0.6 pips, while LYNX Broker starts at 0 pips. Check the fees section above for a full breakdown.
OANDA requires a minimum deposit of $0. LYNX Broker requires $0.
OANDA is regulated by FCA, CFTC, ASIC, MAS, while LYNX Broker holds licences from AFM, FCA.
OANDA supports MT4, Proprietary Web, Proprietary Mobile. LYNX Broker supports Proprietary Web, Proprietary Mobile, Trader Workstation.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.