Lynx vs CapTrader Brokers: A Comprehensive Comparison
Introduction
When choosing a broker for your trading needs, it's important to carefully consider the available options. Two popular choices are Lynx and CapTrader. In this article, we will provide a comprehensive comparison of these two brokers to help you make an informed decision.
Trading Platforms
Lynx
- Trader Workstation (TWS): A proprietary platform known for its advanced trading tools and customizable interface.
- TradeStation: A third-party platform offering a comprehensive suite of trading tools and charting capabilities.
CapTrader
- cTrader: A proprietary platform designed for ease of use and quick order execution.
- MetaTrader 5: A popular third-party platform known for its extensive range of technical indicators and expert advisors (EAs).
Fees and Commissions
Lynx
Lynx offers tiered pricing based on monthly trading volume. Fees start at $6 per trade for volumes under 100,000 shares, and decrease as volume increases.
CapTrader
CapTrader charges a flat fee of $4 per trade, regardless of the trading volume.
Product Offerings
Lynx
- Stocks
- Options
- Futures
- Forex
- Bonds
- Mutual funds
- ETFs
CapTrader
- Stocks
- Options
- Futures
- Forex
- Commodities
- Bonds
- ETFs
Account Types
Lynx
- Individual accounts
- Joint accounts
- Corporate accounts
- IRA accounts
CapTrader
- Individual accounts
- Joint accounts
- Corporate accounts
- SMA (Separately Managed Accounts)
Customer Support
Lynx
- 24/5 phone support
- Email support
- Live chat support
- Extensive online resources
CapTrader
- 24/5 phone support
- Email support
- Live chat support
- Dedicated account manager
