Could be, I guess. Depends on the size of such orders. But discerning direction from looking at level 2 data is a futile exercise in 2020 imho. Unless of course you aim to provide liquidity through hft.
What is Lynx, which country? Never heard of IB having subsidiaries. And after reading about Lynx on reddit, it sounds like a quite dishonest broker (the broker spread a lot of false information to prevent their customers from moving assets to a real IB account). So, I am just curious what Lynx is and why customers did not go to IB directly?
Lynx is an European IB reseller incorporated in the Netherlands, but basically German. They operate in multiple EU countries. I've been using them for 3 years already and I have only good experience with them. Their Lynx Basic web trading interface is way more pleasant to use than the IB's TWS, but you get all the other advantages of IB as compared to other European brokers like Degiro. I opened an account with them because I was told, as an EU resident, I can't open an account directly with American brokers. So far the only regret is that the only available advanced platform is TWS, which as a software is a piece of crap. Lynx Basic is fine, but too limited for me now. As an European there's nothing better though. If I can I'd otherwise gladly switch to TD Ameritrade to be able to use the ToS. So for now it's Lynx Basic for trading and TradingView for charting.
You did read what happened to ToS just a few days ago right? And thanks for the Lynx info, never heard of them before
It's not a CFD broker. Forex trading is unavailable for retail, except simple conversions. It's a restriction of IB. The minimum deposit is not 4000 EUR but 3000 EUR 3000 EUR is "an extremely high minimum deposit" ? IB requires $10k. Lynx is nothing else but a wrap around Interactive Brokers.
Re fx, It depends on the jurisdiction. I can trade all major pairs through IB. TRY, Zar, Rub, and the likes are restricted.