Amarkets vs Phemex 2026: Which Broker is Better?
Compare Amarkets and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Amarkets
Phemex
| Amarkets | Phemex | |
|---|---|---|
| BrokerRank Score | 3.0/5 | 3.1/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0.3 pips | 0 pips ✓ |
| Max Leverage | 1:3000 ✓ | 1:100 |
| Regulation | FSA ✓ | — |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Phemex is the better choice overall, scoring 3.1/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Phemex offers lower spreads (0 pips).
See full side-by-side comparison belowAmarkets vs Phemex: Key Differences
Amarkets
Phemex
WinnerFees Comparison
Amarkets
Phemex
BrokerRank Verdict
Amarkets scores 3.02/5 while Phemex scores 3.11/5 in our independent rating.
Phemex edges ahead overall, but Amarkets may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
Amarkets
3.0/5
Choose Amarkets if you want…
- No per-trade commission
- Higher leverage (up to 1:3000)
- More regulatory licences (1)
- More market types (5)
Phemex
3.1/5
Choose Phemex if you want…
- Higher overall rating (3.1/5)
- Tighter spreads (from 0 pips)
- No minimum deposit
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both Amarkets & Phemex are available in
Frequently Asked Questions
1Is Amarkets better than Phemex?
Phemex scores higher overall on our independent rating system. Amarkets holds a 3.0/5 rating vs Phemex's 3.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, Amarkets or Phemex?
Amarkets offers spreads from 0.3 pips, while Phemex starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Amarkets vs Phemex?
Amarkets requires a minimum deposit of $100. Phemex requires $0.
4Which broker is safer, Amarkets or Phemex?
Amarkets is regulated by FSA, while Phemex holds licences from unknown regulators.
5What trading platforms do Amarkets and Phemex support?
Amarkets supports MT4, MT5. Phemex supports Proprietary Web, Proprietary Mobile.
6Can I use both Amarkets and Phemex?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Phemex
Capital at risk · T&Cs apply