Lynx vs. CapTrader: Which Trading Platform Is Right For You?
Introduction
Lynx and CapTrader are two popular trading platforms that offer a variety of features and benefits to traders. Both platforms have their own strengths and weaknesses, so it's important to compare them side-by-side to see which one is right for you.
Fees
Lynx
Lynx charges a $4.95 per trade commission for stocks and ETFs, and a $1.50 per contract commission for options. There is no account minimum, and there are no inactivity fees.
CapTrader
CapTrader charges a $6.95 per trade commission for stocks and ETFs, and a $1.75 per contract commission for options. There is a $1,000 account minimum, and there is a $25 inactivity fee per quarter.
Features
Lynx
Lynx offers a wide range of features, including:
- A powerful trading platform with advanced charting and technical analysis tools
- Access to real-time market data
- A mobile trading app
- A dedicated customer support team
CapTrader
CapTrader offers a more limited range of features, including:
- A basic trading platform with limited charting and technical analysis tools
- Access to delayed market data
- A mobile trading app
- A customer support team that is available during limited hours
Which Platform Is Right For You?
Lynx
Lynx is a good choice for:
- Traders who want access to a powerful trading platform with advanced features
- Traders who want access to real-time market data
- Traders who want a dedicated customer support team
CapTrader
CapTrader is a good choice for:
- Traders who are new to trading and want a simple, easy-to-use platform
- Traders who are on a budget
- Traders who don't need access to real-time market data