Side-by-Side Comparison Independent Updated Jun 16, 2026
Deribit vs Phemex 2026: Which Broker is Better?
Compare Deribit and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Deribit
Phemex
VS
| Deribit | Phemex | |
|---|---|---|
| BrokerRank Score | 3.3/5 ✓ | 3.3/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:100 | 1:100 |
| Regulation | Unregulated ✓ | — |
| Platforms | Proprietary Web, Proprietary Mobile, API | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
DeribitPhemex
Best for Low Fees
DeribitPhemex
Best for Regulation
DeribitPhemex
Quick Answer
Deribit (3.3/5) and Phemex (3.3/5) are closely matched. Deribit has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowDeribit vs Phemex: Key Differences
Feature
Deribit
Phemex
WinnerOur Rating
3.3 / 5
3.3 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
$0.03/lot
$0.01/lot
Regulated By
Unregulated
—
Platforms
Proprietary Web, Proprietary Mobile, API
Proprietary Web, Proprietary Mobile
Markets
Crypto
Crypto
Founded
2016
2019
Headquarters
Amsterdam, Netherlands
Singapore
Score
0 / 1
1 / 1
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Find my matchFees Comparison
Fee
Deribit
Phemex
Lower feesSpread From
0 pips
0 pips
Commission
$0.03/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Deribit scores 3.33/5 while Phemex scores 3.31/5 in our independent rating.
Deribit 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?
Deribit
3.3/5
Choose Deribit if you want…
- More regulatory licences (1)
- More established (est. 2016)
- More platforms (3 supported)
Phemex
3.3/5
Choose Phemex if you want…
Similar strengths to Deribit — 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 Deribit & Phemex are available in
Frequently Asked Questions
1Is Deribit better than Phemex?
Deribit (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, Deribit or Phemex?
Deribit 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 Deribit vs Phemex?
Deribit requires a minimum deposit of $0. Phemex requires $0.
4Which broker is safer, Deribit or Phemex?
Deribit is regulated by Unregulated, while Phemex holds licences from unknown regulators.
5What trading platforms do Deribit and Phemex support?
Deribit supports Proprietary Web, Proprietary Mobile, API. Phemex supports Proprietary Web, Proprietary Mobile.
6Can I use both Deribit 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.
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