Head to head

Estably vs LYNX — which broker is better?

Estably or LYNX? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.

Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.

Estably

A Liechtenstein wealth manager that also hands you the keys to an Interactive Brokers account — two very different products under one brand.

3,9

Group index 80/100Protection depends on your legal entity

FMACBIBaFin

Stocks (per order): 0.14 %
Minimum deposit: €5,000
FX conversion: 0 %

Visit broker Full review

LYNX

The friendliest front door to Interactive Brokers in the German-speaking market — and the most expensive one.

4,1

Group index 80/100Protection depends on your legal entity

AFMBaFinCBI+1

Stocks (per order): 0.14 %
Minimum deposit: None
FX conversion: 0.01 %

Visit broker Full review

Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.

The verdict in numbers

Four decision axes, each derived from the recorded data.

Overall LYNX takes it, 4.1 against 3.9 out of 5. On commissions there is little between them — €7.00 against €7.00 for a reference EUR 5,000 order. Both score 80 out of 100 on the group index. Your account's protection depends on its legal entity. Both cover 11 of 14 asset classes. On platform and app LYNX is ahead, 4.3 against 4.1 out of 5. Which one is right depends on which of these axes matters for your trading profile.

Overall score

Estably: 3.9
LYNX: 4.1 — Better

CostsTie

Estably: €7.00
LYNX: €7.00

Group indexNo winner

Estably: 80 of 100
LYNX: 80 of 100

Product rangeTie

Estably: 11/14
LYNX: 11/14

Platform & app

Estably: 4.1
LYNX: 4.3 — Better

Compare brokers side by side

Up to four brokers at once — every row a decision point.

Data as of: 30 Aug 2026

Best value in the row

Estably · LYNX
Criterion	Estably 3,9 Visit broker	LYNX 4,1 Visit broker

Overall score	3.9	4.1 — Better
Group index	80 of 100	80 of 100
Best for	Investors who want Liechtenstein or Swiss custodyGerman-speaking options tradersDelegated portfolios from EUR 20,000Clients who want a named adviserCompany accounts and corporate cash	German-speaking investors who want IBKR access without TWSOptions and futures tradersInvestors who value education and analysisGlobal stock pickers with larger order sizesPeople who want no minimum deposit

Regulation	FMACBIBaFin	AFMBaFinCBIFCA
Top-tier licences	3	4 — Better
Investor protection	€100,000 — Better	£85,000
Listed group	No	No
Banking licence	No	No
Segregated client accounts	Yes	Yes
Negative balance protection	Yes	Yes
Audited financials	Yes	No
Disclosed regulatory actions	None	1
Founded	2019	2006
Headquarters	Vaduz, LI	Amsterdam, NL

Fees	3.5 — Better	3.4
Safety & regulation	4.0	4.0
Trading platform	4.3	4.5 — Better
Product range	4.5	4.5
Mobile app	3.8	4.1 — Better
Research	3.5	4.3 — Better
Customer support	4.3	4.5 — Better
Deposit & withdrawal	3.7	3.8 — Better
Account opening	3.6	4.3 — Better
Education	4.0	4.5 — Better

Reference order EUR 5,000	€7.00	€7.00
Minimum deposit	€5,000	None — Better
Stocks (per order)	0.14 %	0.14 %
US stocks	US$0.01/share	US$0.01/share
ETFs	0.14 %	0.14 %
Options	€2	€2
Futures	€2	€1.50 — Better
Crypto	Not offered	Not offered
Bonds (order)	0.15 % — Better	0.2 %
Funds (order)	US$14.95	0.2 % — Better
EUR/USD spread	n/a	n/a
Index CFD spread	n/a	n/a
FX conversion	0.004 % — Better	0.005 %
Inactivity fee	n/a	n/a
Custody fee	None	None
Withdrawal fee	€1	€1
Deposit fee	free	free
Overnight financing	n/a	n/a
Other fees	Custody / account fee (self-directed): None — Estably advertises no Depotgebühren on the IBKR account Discretionary management fee: 1.19% p.a. from EUR 20,000, falling to 1.09% from EUR 250,000, 0.99% from EUR 500,000, 0.89% from EUR 750,000 and 0.79% from EUR 1m Bank charges on managed portfolios: 0.30% p.a., covering custody, account maintenance, transaction costs, annual tax reports and cross-border fees Performance fee: Charged on gains above a high-water mark; Estably does not publish the percentage on its cost page Currency conversion: 0.4 basis points of the converted amount, minimum EUR 4.00 / USD 4.00 per conversion Fixed and overnight deposit mandate: 0.69% p.a. from EUR 50,000, falling to 0.13% from EUR 5m, plus 0.30% bank charges +2	Custody / account fee: None for individual and joint accounts Minimum monthly activity fee: EUR 0.00 for individual and joint accounts; business accounts pay EUR 15.00 minus commissions generated, waived for the first three full calendar months Currency conversion: 0.005% of the converted value, minimum EUR 5.00 / USD 5.00 per conversion German withholding-tax certificate: EUR 30.00 per line for German shares; French Form 5000/5001 EUR 125.00 per line; Spanish shares EUR 50.00 per line Archived statements older than 7 years: EUR 20.00 for the first, EUR 5.00 for each additional LEI (business accounts): USD 60.00 application, USD 40.00 annual renewal +3

Asset classes (of 14)	11	11
Exchanges	150 — Better	100
Stocks	Yes	Yes
ETFs	Yes	Yes
Options	Yes	Yes
Futures	Yes	Yes
Forex	Yes	Yes
CFDs	Yes	Yes
Crypto	No	No
Bonds	Yes	Yes
Funds	Yes	Yes
Commodities	Yes	Yes
Indices	Yes	Yes
Warrants	Yes	Yes
Spread betting	No	No
Social trading	No	No

Platforms	Trader Workstation (TWS)IBKR Client PortalIBKR Mobile TraderInteractive Brokers APIEstably client portal (managed portfolios)	LYNX+Trader Workstation (TWS)LYNX Trading AppInteractive Brokers APITWS Mosaic / Client Portal
Demo account	Yes	Yes
Fractional shares	Yes	Yes
Maximum leverage	1:30 · Pro 1:200	1:30 · Pro 1:200
Account opening	Digital onboarding with adviser support; EUR 5,000 minimum for the self-directed account, EUR 20,000 for a managed mandate	Fully online, no minimum deposit; typically 1–3 business days
Account types	Margin-Depot (self-directed)Cash-Depot (self-directed)Modern Value (discretionary)Best of Funds / Asset Protect (discretionary)Estably SelectFirmendepot	EinzeldepotGemeinschaftsdepotFirmendepotMargin-Konto

Payment methods	Bank transferSEPA	Bank transferSEPA
Account currencies	EURUSDCHFGBPAUDCADJPYHKDSGDSEK+8	EURUSDCHFGBPAUDCADJPYHKDSGDSEK+8
Deposit time	SEPA 1–2 business days; international wire 1–4 business days	SEPA 1–2 business days; international wire 1–4 business days
Withdrawal time	1–3 business days	1–3 business days
Free withdrawals	1/month	1/month

Languages	GermanEnglish	GermanDutchEnglish
Channels	PhoneEmailTicket system	PhoneEmailTicket system
Availability	Business hours CET; personal adviser model rather than a 24/5 desk	Monday to Thursday 08:00–20:00, Friday 08:00–18:00 CET; Interactive Brokers' English-language desk covers the remaining hours

Strengths and weaknesses side by side

Editorial assessment based on the recorded data.

Estably

A Liechtenstein wealth manager that also hands you the keys to an Interactive Brokers account — two very different products under one brand.

3,9

Pros

Self-directed Xetra orders at 0.14% with a EUR 3.90 minimum and a EUR 99.00 cap — the lowest per-order minimum among the German-market Interactive Brokers intermediaries
Eurex options and futures at EUR 2.00 per contract, Mini-DAX futures at EUR 1.00 and CME Micro E-minis at USD 1.25, with EUR 1.80 / USD 3.00 option pricing available through partner sign-ups
FMA-licensed Liechtenstein asset manager, audited annually by Grant Thornton, participant in the EAS investor compensation system and a member of the VUVL association of independent asset managers
Managed portfolios can be custodied at Baader Bank, Liechtensteinische Landesbank or St. Galler Kantonalbank — and the Baader route withholds German tax automatically, with a Verlustverrechnungstopf
Access to more than 150 exchanges in 33 countries and over 1.2 million instruments through Interactive Brokers, with no custody or account fee on the self-directed side
Unusually deep German-language options material — an options guide, the wheel strategy for beginners, margin requirement explainers and a full TWS/Client Portal handbook
Personal adviser model with a Liechtenstein phone line and a 4.6 Trustpilot rating from more than 420 reviews

Cons

The self-directed account withholds no Abgeltungsteuer — German clients must declare everything themselves through their annual tax return, exactly as at any Interactive Brokers intermediary
EUR 5,000 minimum deposit on the brokerage account and EUR 20,000 on a managed mandate; the margin account additionally requires a minimum age of 21
Discretionary management costs 1.19% per year plus 0.30% bank charges plus a performance fee whose percentage is not disclosed on the cost page — an odd gap on a page titled 'Transparente Kosten'
Above roughly EUR 2,860 of order value CapTrader's 0.10% schedule beats Estably's 0.14%: a EUR 10,000 Xetra order costs EUR 14.00 here against EUR 10.00 there
No Estably-branded trading app — the mobile experience is Interactive Brokers' Mobile Trader, and there is no proprietary web platform equivalent to LYNX+
Residents of the US, Canada, Australia and Iran cannot open the self-directed account, and Estably's own research output is marketing-led rather than an independent analysis desk

Best for

Investors who want Liechtenstein or Swiss custodyGerman-speaking options tradersDelegated portfolios from EUR 20,000Clients who want a named adviserCompany accounts and corporate cash

LYNX

The friendliest front door to Interactive Brokers in the German-speaking market — and the most expensive one.

4,1

Pros

LYNX+ is a genuinely good browser platform, and having it alongside full Trader Workstation access means you can start simple and grow into the terminal
No minimum deposit and no custody or account fee for individual and joint accounts
Eurex options at EUR 2.00 per contract, Micro-DAX futures at EUR 0.99 and CME Micro E-minis at USD 2.50 — the derivatives schedule is competitive
Börse LYNX is one of the strongest free German-language education and analysis libraries any broker publishes, with a substantial webinar programme
German-language service desk on a free number Monday to Thursday until 20:00, rated 4.8 on Trustpilot from over 760 reviews
Trading since 2006 through a Dutch AFM-authorised entity with a BaFin-supervised German branch, and access to 100-plus exchanges in over 30 countries
Free outbound transfers if you leave, which is rarer in Germany than it should be

Cons

The most expensive of the German Interactive Brokers introducing brokers on equities: 0.14% with a EUR 5.80 Xetra minimum and a USD 5.00 minimum on US shares, against CapTrader's EUR 4.00 and USD 2.00
Currency conversion costs 0.005% with a EUR 5.00 minimum — two and a half times Interactive Brokers' own rate, and a permanent drag on any multi-currency portfolio
No Abgeltungsteuer is withheld, so German investors must declare everything through Anlage KAP; and a German withholding-tax certificate costs EUR 30.00 per line on top
Investor compensation is the Irish scheme's 90% of EUR 20,000 for EEA clients — thin next to the EUR 100,000 German deposit guarantee investors expect
Business accounts pay a EUR 15.00 monthly minimum activity fee whenever commissions fall short of that amount
The Stock Yield Enhancement Program hands LYNX a quarter of your securities-lending revenue, and there is no spot crypto despite the crypto-broker marketing

Best for

German-speaking investors who want IBKR access without TWSOptions and futures tradersInvestors who value education and analysisGlobal stock pickers with larger order sizesPeople who want no minimum deposit

Open an account with either

A demo account costs nothing and answers the platform question in ten minutes.

Visit broker: Estably Visit broker: LYNX

More comparisons

Alternatives people weigh up alongside these two.

Estably vs LYNX — which broker is better?

Estably or LYNX? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.

The verdict in numbers

Four decision axes, each derived from the recorded data.

Estably · LYNX
Criterion	Estably 3,9 Visit broker	LYNX 4,1 Visit broker

Overall score	3.9	4.1 — Better
Group index	80 of 100	80 of 100
Best for	Investors who want Liechtenstein or Swiss custodyGerman-speaking options tradersDelegated portfolios from EUR 20,000Clients who want a named adviserCompany accounts and corporate cash	German-speaking investors who want IBKR access without TWSOptions and futures tradersInvestors who value education and analysisGlobal stock pickers with larger order sizesPeople who want no minimum deposit

Regulation	FMACBIBaFin	AFMBaFinCBIFCA
Top-tier licences	3	4 — Better
Investor protection	€100,000 — Better	£85,000
Listed group	No	No
Banking licence	No	No
Segregated client accounts	Yes	Yes
Negative balance protection	Yes	Yes
Audited financials	Yes	No
Disclosed regulatory actions	None	1
Founded	2019	2006
Headquarters	Vaduz, LI	Amsterdam, NL

Fees	3.5 — Better	3.4
Safety & regulation	4.0	4.0
Trading platform	4.3	4.5 — Better
Product range	4.5	4.5
Mobile app	3.8	4.1 — Better
Research	3.5	4.3 — Better
Customer support	4.3	4.5 — Better
Deposit & withdrawal	3.7	3.8 — Better
Account opening	3.6	4.3 — Better
Education	4.0	4.5 — Better

Reference order EUR 5,000	€7.00	€7.00
Minimum deposit	€5,000	None — Better
Stocks (per order)	0.14 %	0.14 %
US stocks	US$0.01/share	US$0.01/share
ETFs	0.14 %	0.14 %
Options	€2	€2
Futures	€2	€1.50 — Better
Crypto	Not offered	Not offered
Bonds (order)	0.15 % — Better	0.2 %
Funds (order)	US$14.95	0.2 % — Better
EUR/USD spread	n/a	n/a
Index CFD spread	n/a	n/a
FX conversion	0.004 % — Better	0.005 %
Inactivity fee	n/a	n/a
Custody fee	None	None
Withdrawal fee	€1	€1
Deposit fee	free	free
Overnight financing	n/a	n/a
Other fees	Custody / account fee (self-directed): None — Estably advertises no Depotgebühren on the IBKR account Discretionary management fee: 1.19% p.a. from EUR 20,000, falling to 1.09% from EUR 250,000, 0.99% from EUR 500,000, 0.89% from EUR 750,000 and 0.79% from EUR 1m Bank charges on managed portfolios: 0.30% p.a., covering custody, account maintenance, transaction costs, annual tax reports and cross-border fees Performance fee: Charged on gains above a high-water mark; Estably does not publish the percentage on its cost page Currency conversion: 0.4 basis points of the converted amount, minimum EUR 4.00 / USD 4.00 per conversion Fixed and overnight deposit mandate: 0.69% p.a. from EUR 50,000, falling to 0.13% from EUR 5m, plus 0.30% bank charges +2	Custody / account fee: None for individual and joint accounts Minimum monthly activity fee: EUR 0.00 for individual and joint accounts; business accounts pay EUR 15.00 minus commissions generated, waived for the first three full calendar months Currency conversion: 0.005% of the converted value, minimum EUR 5.00 / USD 5.00 per conversion German withholding-tax certificate: EUR 30.00 per line for German shares; French Form 5000/5001 EUR 125.00 per line; Spanish shares EUR 50.00 per line Archived statements older than 7 years: EUR 20.00 for the first, EUR 5.00 for each additional LEI (business accounts): USD 60.00 application, USD 40.00 annual renewal +3

Asset classes (of 14)	11	11
Exchanges	150 — Better	100
Stocks	Yes	Yes
ETFs	Yes	Yes
Options	Yes	Yes
Futures	Yes	Yes
Forex	Yes	Yes
CFDs	Yes	Yes
Crypto	No	No
Bonds	Yes	Yes
Funds	Yes	Yes
Commodities	Yes	Yes
Indices	Yes	Yes
Warrants	Yes	Yes
Spread betting	No	No
Social trading	No	No

Platforms	Trader Workstation (TWS)IBKR Client PortalIBKR Mobile TraderInteractive Brokers APIEstably client portal (managed portfolios)	LYNX+Trader Workstation (TWS)LYNX Trading AppInteractive Brokers APITWS Mosaic / Client Portal
Demo account	Yes	Yes
Fractional shares	Yes	Yes
Maximum leverage	1:30 · Pro 1:200	1:30 · Pro 1:200
Account opening	Digital onboarding with adviser support; EUR 5,000 minimum for the self-directed account, EUR 20,000 for a managed mandate	Fully online, no minimum deposit; typically 1–3 business days
Account types	Margin-Depot (self-directed)Cash-Depot (self-directed)Modern Value (discretionary)Best of Funds / Asset Protect (discretionary)Estably SelectFirmendepot	EinzeldepotGemeinschaftsdepotFirmendepotMargin-Konto

Payment methods	Bank transferSEPA	Bank transferSEPA
Account currencies	EURUSDCHFGBPAUDCADJPYHKDSGDSEK+8	EURUSDCHFGBPAUDCADJPYHKDSGDSEK+8
Deposit time	SEPA 1–2 business days; international wire 1–4 business days	SEPA 1–2 business days; international wire 1–4 business days
Withdrawal time	1–3 business days	1–3 business days
Free withdrawals	1/month	1/month

Languages	GermanEnglish	GermanDutchEnglish
Channels	PhoneEmailTicket system	PhoneEmailTicket system
Availability	Business hours CET; personal adviser model rather than a 24/5 desk	Monday to Thursday 08:00–20:00, Friday 08:00–18:00 CET; Interactive Brokers' English-language desk covers the remaining hours

Criterion

3,9

4,1

Overall score

3.9

4.1

Group index

80 of 100

Best for

Investors who want Liechtenstein or Swiss custodyGerman-speaking options tradersDelegated portfolios from EUR 20,000Clients who want a named adviserCompany accounts and corporate cash

Regulation

FMACBIBaFin

AFMBaFinCBIFCA

Top-tier licences

Investor protection

€100,000

£85,000

Listed group

Banking licence

Segregated client accounts

Negative balance protection

Audited financials

Disclosed regulatory actions

None

Founded

2019

2006

Headquarters

Vaduz, LI

Amsterdam, NL

Fees

3.5

3.4

Safety & regulation

4.0

Trading platform

4.3

4.5

Product range

4.5

Mobile app

3.8

4.1

Research

3.5

4.3

Customer support

4.3

4.5

Deposit & withdrawal

3.7

3.8

Account opening

3.6

4.3

Education

4.0

4.5

Reference order EUR 5,000

€7.00

Minimum deposit

€5,000

None

Stocks (per order)

0.14 %

US stocks

US$0.01/share

ETFs

0.14 %

Options

€2

Futures

€2

€1.50

Crypto

Not offered

Bonds (order)

0.15 %

0.2 %

Funds (order)

US$14.95

0.2 %

EUR/USD spread

n/a

Index CFD spread

n/a

FX conversion

0.004 %

0.005 %

Inactivity fee

n/a

Custody fee

None

Withdrawal fee

€1

Deposit fee

free

Overnight financing

n/a

Other fees

Custody / account fee (self-directed): None — Estably advertises no Depotgebühren on the IBKR account
Discretionary management fee: 1.19% p.a. from EUR 20,000, falling to 1.09% from EUR 250,000, 0.99% from EUR 500,000, 0.89% from EUR 750,000 and 0.79% from EUR 1m
Bank charges on managed portfolios: 0.30% p.a., covering custody, account maintenance, transaction costs, annual tax reports and cross-border fees
Performance fee: Charged on gains above a high-water mark; Estably does not publish the percentage on its cost page
Currency conversion: 0.4 basis points of the converted amount, minimum EUR 4.00 / USD 4.00 per conversion
Fixed and overnight deposit mandate: 0.69% p.a. from EUR 50,000, falling to 0.13% from EUR 5m, plus 0.30% bank charges
+2

Custody / account fee: None for individual and joint accounts
Minimum monthly activity fee: EUR 0.00 for individual and joint accounts; business accounts pay EUR 15.00 minus commissions generated, waived for the first three full calendar months
Currency conversion: 0.005% of the converted value, minimum EUR 5.00 / USD 5.00 per conversion
German withholding-tax certificate: EUR 30.00 per line for German shares; French Form 5000/5001 EUR 125.00 per line; Spanish shares EUR 50.00 per line
Archived statements older than 7 years: EUR 20.00 for the first, EUR 5.00 for each additional
LEI (business accounts): USD 60.00 application, USD 40.00 annual renewal
+3

Asset classes (of 14)

Exchanges

150

100

Stocks

ETFs

Options

Futures

Forex

CFDs

Crypto

Bonds

Funds

Commodities

Indices

Warrants

Spread betting

Social trading

Platforms

Trader Workstation (TWS)IBKR Client PortalIBKR Mobile TraderInteractive Brokers APIEstably client portal (managed portfolios)

LYNX+Trader Workstation (TWS)LYNX Trading AppInteractive Brokers APITWS Mosaic / Client Portal

Demo account

Fractional shares

Maximum leverage

1:30 · Pro 1:200

Account opening

Digital onboarding with adviser support; EUR 5,000 minimum for the self-directed account, EUR 20,000 for a managed mandate

Fully online, no minimum deposit; typically 1–3 business days

Account types

Margin-Depot (self-directed)Cash-Depot (self-directed)Modern Value (discretionary)Best of Funds / Asset Protect (discretionary)Estably SelectFirmendepot

EinzeldepotGemeinschaftsdepotFirmendepotMargin-Konto

Payment methods

Bank transferSEPA

Account currencies

EURUSDCHFGBPAUDCADJPYHKDSGDSEK+8

Deposit time

SEPA 1–2 business days; international wire 1–4 business days

Withdrawal time

1–3 business days

Free withdrawals

1/month

Languages

GermanEnglish

GermanDutchEnglish

Channels

PhoneEmailTicket system

Availability

Business hours CET; personal adviser model rather than a 24/5 desk

Monday to Thursday 08:00–20:00, Friday 08:00–18:00 CET; Interactive Brokers' English-language desk covers the remaining hours