AscendEX vs Phemex 2026: Which Broker is Better?
Compare AscendEX and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
AscendEX
Phemex
| AscendEX | Phemex | |
|---|---|---|
| BrokerRank Score | 2.0/5 | 3.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:100 | 1:100 |
| Platforms | Proprietary Web, Proprietary Mobile, API | Proprietary Web, Proprietary Mobile |
Phemex is the better choice overall, scoring 3.1/5 vs 2.0/5 on BrokerRank's independent rating. On fees, AscendEX offers lower spreads (0 pips).
See full side-by-side comparison belowAscendEX vs Phemex: Key Differences
AscendEX
Phemex
WinnerFees Comparison
AscendEX
Phemex
Lower feesBrokerRank Verdict
AscendEX scores 2.00/5 while Phemex scores 3.08/5 in our independent rating.
Phemex edges ahead overall, but AscendEX 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?
AscendEX
2.0/5
Choose AscendEX if you want…
- More established (est. 2018)
- More platforms (3 supported)
Phemex
3.1/5
Choose Phemex if you want…
- Higher overall rating (3.1/5)
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 AscendEX & Phemex are available in
Frequently Asked Questions
1Is AscendEX better than Phemex?
Phemex scores higher overall on our independent rating system. AscendEX holds a 2.0/5 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, AscendEX or Phemex?
AscendEX offers spreads from 0 pips, while Phemex starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for AscendEX vs Phemex?
AscendEX requires a minimum deposit of $0. Phemex requires $0.
4Which broker is safer, AscendEX or Phemex?
AscendEX is regulated by unknown regulators, while Phemex holds licences from unknown regulators.
5What trading platforms do AscendEX and Phemex support?
AscendEX supports Proprietary Web, Proprietary Mobile, API. Phemex supports Proprietary Web, Proprietary Mobile.
6Can I use both AscendEX 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