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Side-by-Side Comparison Independent Updated Oct 29, 2026

Bitpanda vs Phemex 2026: Which Broker is Better?

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

Bitpanda

Phemex

Higher ratedBitpanda logo

Bitpanda

3.2/ 5
Visit Bitpanda →Full review
VS
BitpandaPhemex
BrokerRank Score3.2/5 ✓3.1/5
Min. Deposit$1$0 ✓
Spread from0 pips0 pips
Max Leverage1:11:100 ✓
RegulationCySEC ✓—
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
PhemexBitpanda
Best for Low Fees
BitpandaPhemex
Best for Regulation
BitpandaPhemex
Best Overall
BitpandaPhemex
Quick Answer

Bitpanda is the better choice overall, scoring 3.2/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Bitpanda offers lower spreads (0 pips).

See full side-by-side comparison below

Bitpanda vs Phemex: Key Differences

Feature

Bitpanda

Phemex

Our Rating
3.2 / 5
3.1 / 5
Min. Deposit
$1
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$1.49/lot
$0.01/lot
Regulated By
—
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Crypto, Stocks, Indices
Crypto
Founded
2014
2019
Headquarters
Vienna, Austria
Singapore
Score
2 / 4
2 / 4

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Fees Comparison

Fee

Bitpanda

Phemex

Lower fees
Spread From
0 pips
0 pips
Commission
$1.49/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Bitpanda scores 3.20/5 while Phemex scores 3.09/5 in our independent rating.

Bitpanda edges ahead overall, but Phemex 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?

Bitpanda

Bitpanda

3.2/5

Top pick

Choose Bitpanda if you want…

  • Higher overall rating (3.2/5)
  • More regulatory licences (1)
  • More market types (3)
  • More established (est. 2014)
Phemex

Phemex

3.1/5

Choose Phemex if you want…

  • No minimum deposit
  • Higher leverage (up to 1:100)

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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.

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80% of retail CFD accounts lose money.

Both Bitpanda & Phemex are available in

Frequently Asked Questions

1

Is Bitpanda better than Phemex?

Bitpanda scores higher overall on our independent rating system. Bitpanda holds a 3.2/5 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.

2

Which has lower fees, Bitpanda or Phemex?

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

3

What is the minimum deposit for Bitpanda vs Phemex?

Bitpanda requires a minimum deposit of $1. Phemex requires $0.

4

Which broker is safer, Bitpanda or Phemex?

Bitpanda is regulated by CySEC, while Phemex holds licences from unknown regulators.

5

What trading platforms do Bitpanda and Phemex support?

Bitpanda supports Proprietary Web, Proprietary Mobile. Phemex supports Proprietary Web, Proprietary Mobile.

6

Can I use both Bitpanda and Phemex?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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