CoinEx vs Phemex 2026: Which Broker is Better?
Compare CoinEx and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
CoinEx
Phemex
| CoinEx | Phemex | |
|---|---|---|
| BrokerRank Score | 2.6/5 | 3.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:100 | 1:100 |
| Regulation | FSA ✓ | — |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Phemex is the better choice overall, scoring 3.1/5 vs 2.6/5 on BrokerRank's independent rating. On fees, CoinEx offers lower spreads (0 pips).
See full side-by-side comparison belowCoinEx vs Phemex: Key Differences
CoinEx
Phemex
WinnerFees Comparison
CoinEx
Phemex
Lower feesBrokerRank Verdict
CoinEx scores 2.63/5 while Phemex scores 3.08/5 in our independent rating.
Phemex edges ahead overall, but CoinEx 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?
CoinEx
2.6/5
Choose CoinEx if you want…
- More regulatory licences (1)
- More established (est. 2017)
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 CoinEx & Phemex are available in
Frequently Asked Questions
1Is CoinEx better than Phemex?
Phemex scores higher overall on our independent rating system. CoinEx holds a 2.6/5 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, CoinEx or Phemex?
CoinEx 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 CoinEx vs Phemex?
CoinEx requires a minimum deposit of $0. Phemex requires $0.
4Which broker is safer, CoinEx or Phemex?
CoinEx is regulated by FSA, while Phemex holds licences from unknown regulators.
5What trading platforms do CoinEx and Phemex support?
CoinEx supports Proprietary Web, Proprietary Mobile. Phemex supports Proprietary Web, Proprietary Mobile.
6Can I use both CoinEx 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