Side-by-Side Comparison Independent Updated Jun 15, 2026
BingX vs Phemex 2026: Which Broker is Better?
Compare BingX and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
BingX
Phemex
VS
| BingX | Phemex | |
|---|---|---|
| BrokerRank Score | 3.3/5 | 3.3/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:150 ✓ | 1:100 |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
BingXPhemex
Best for Low Fees
BingXPhemex
Best for Regulation
BingXPhemex
Quick Answer
BingX (3.3/5) and Phemex (3.3/5) are closely matched. BingX has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowBingX vs Phemex: Key Differences
Feature
BingX
Phemex
WinnerOur Rating
3.3 / 5
3.3 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
$0.045/lot
$0.01/lot
Regulated By
—
—
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Crypto
Crypto
Founded
2018
2019
Headquarters
Singapore
Singapore
Score
0 / 1
1 / 1
Fees Comparison
Fee
BingX
Phemex
Lower feesSpread From
0 pips
0 pips
Commission
$0.045/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
BingX scores 3.31/5 while Phemex scores 3.31/5 in our independent rating.
Both brokers score equally — the best choice depends on your individual trading priorities. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
BingX
3.3/5
Choose BingX if you want…
- Higher leverage (up to 1:150)
- More established (est. 2018)
Phemex
3.3/5
Choose Phemex if you want…
Similar strengths to BingX — compare below.
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 BingX & Phemex are available in
Frequently Asked Questions
1Is BingX better than Phemex?
BingX (3.3/5) and Phemex (3.3/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
2Which has lower fees, BingX or Phemex?
BingX 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 BingX vs Phemex?
BingX requires a minimum deposit of $0. Phemex requires $0.
4Which broker is safer, BingX or Phemex?
BingX is regulated by unknown regulators, while Phemex holds licences from unknown regulators.
5What trading platforms do BingX and Phemex support?
BingX supports Proprietary Web, Proprietary Mobile. Phemex supports Proprietary Web, Proprietary Mobile.
6Can I use both BingX 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
Related Guides
BrokerRank Research
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Compare
BingX
Capital at risk · T&Cs apply