Skip to main content
Side-by-Side Comparison Independent Updated Oct 27, 2026

bitFlyer vs Phemex 2026: Which Broker is Better?

Compare bitFlyer and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

bitFlyer

Phemex

bitFlyerPhemex
BrokerRank Score3.1/53.1/5 ✓
Min. Deposit$0$0
Spread from0.1 pips0 pips ✓
Max Leverage1:21:100 ✓
RegulationFSA ✓—
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
bitFlyerPhemex
Best for Low Fees
PhemexbitFlyer
Best for Regulation
bitFlyerPhemex
Quick Answer

bitFlyer (3.1/5) and Phemex (3.1/5) are closely matched. Phemex has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

bitFlyer vs Phemex: Key Differences

Feature

bitFlyer

Phemex

Winner
Our Rating
3.1 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0.1 pips
0 pips
Commission
$0.15/lot
$0.01/lot
Regulated By
FSA
—
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Crypto
Crypto
Founded
2014
2019
Headquarters
Tokyo, Japan
Singapore
Score
1 / 3
2 / 3

Fees Comparison

Fee

bitFlyer

Phemex

Lower fees
Spread From
0.1 pips
0 pips
Commission
$0.15/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

bitFlyer scores 3.09/5 while Phemex scores 3.11/5 in our independent rating.

Phemex edges ahead overall, but bitFlyer 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?

bitFlyer

bitFlyer

3.1/5

Choose bitFlyer if you want…

  • More regulatory licences (1)
  • More established (est. 2014)
Phemex

Phemex

3.1/5

Top pick

Choose Phemex if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:100)

Also consider

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#3Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both bitFlyer & Phemex are available in

Frequently Asked Questions

1

Is bitFlyer better than Phemex?

bitFlyer (3.1/5) and Phemex (3.1/5) 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.

2

Which has lower fees, bitFlyer or Phemex?

bitFlyer offers spreads from 0.1 pips, while Phemex starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for bitFlyer vs Phemex?

bitFlyer requires a minimum deposit of $0. Phemex requires $0.

4

Which broker is safer, bitFlyer or Phemex?

bitFlyer is regulated by FSA, while Phemex holds licences from unknown regulators.

5

What trading platforms do bitFlyer and Phemex support?

bitFlyer supports Proprietary Web, Proprietary Mobile. Phemex supports Proprietary Web, Proprietary Mobile.

6

Can I use both bitFlyer 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

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Compare

bitFlyer

Open Account

Capital at risk · T&Cs apply