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Side-by-Side Comparison Independent Updated Oct 27, 2026

EasyMarkets vs Phemex 2026: Which Broker is Better?

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

EasyMarkets

Phemex

Higher ratedEasyMarkets logo

EasyMarkets

3.6/ 5
Visit EasyMarkets →Full review
VS
EasyMarketsPhemex
BrokerRank Score3.6/5 ✓3.1/5
Min. Deposit$25$0 ✓
Spread from0.7 pips0 pips ✓
Max Leverage1:400 ✓1:100
RegulationCySEC, ASIC ✓—
PlatformsProprietary Web, Proprietary Mobile, MT4Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
PhemexEasyMarkets
Best for Low Fees
PhemexEasyMarkets
Best for Regulation
EasyMarketsPhemex
Best Overall
EasyMarketsPhemex
Quick Answer

EasyMarkets is the better choice overall, scoring 3.6/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Phemex offers lower spreads (0 pips).

See full side-by-side comparison below

EasyMarkets vs Phemex: Key Differences

Feature

EasyMarkets

Winner

Phemex

Our Rating
3.6 / 5
3.1 / 5
Min. Deposit
$25
$0
Max Leverage
Spread From
0.7 pips
0 pips
Commission
None
$0.01/lot
Regulated By
—
Platforms
Proprietary Web, Proprietary Mobile, MT4
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
2001
2019
Headquarters
Limassol, Cyprus
Singapore
Score
3 / 5
2 / 5

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Fees Comparison

Fee

EasyMarkets

Phemex

Spread From
0.7 pips
0 pips
Commission
None
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

EasyMarkets scores 3.61/5 while Phemex scores 3.11/5 in our independent rating.

EasyMarkets 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?

EasyMarkets

EasyMarkets

3.6/5

Top pick

Choose EasyMarkets if you want…

  • Higher overall rating (3.6/5)
  • No per-trade commission
  • Higher leverage (up to 1:400)
  • More regulatory licences (2)
Phemex

Phemex

3.1/5

Choose Phemex if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit

Also consider

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Both EasyMarkets & Phemex are available in

Frequently Asked Questions

1

Is EasyMarkets better than Phemex?

EasyMarkets scores higher overall on our independent rating system. EasyMarkets holds a 3.6/5 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.

2

Which has lower fees, EasyMarkets or Phemex?

EasyMarkets offers spreads from 0.7 pips, while Phemex starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for EasyMarkets vs Phemex?

EasyMarkets requires a minimum deposit of $25. Phemex requires $0.

4

Which broker is safer, EasyMarkets or Phemex?

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

5

What trading platforms do EasyMarkets and Phemex support?

EasyMarkets supports Proprietary Web, Proprietary Mobile, MT4. Phemex supports Proprietary Web, Proprietary Mobile.

6

Can I use both EasyMarkets 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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