Orbex vs Phemex 2026: Which Broker is Better?
Compare Orbex and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Orbex
Phemex
| Orbex | Phemex | |
|---|---|---|
| BrokerRank Score | 3.1/5 | 3.1/5 ✓ |
| Min. Deposit | $200 | $0 ✓ |
| Spread from | 0.5 pips | 0 pips ✓ |
| Max Leverage | 1:500 ✓ | 1:100 |
| Regulation | CySEC ✓ | — |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Orbex (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 belowOrbex vs Phemex: Key Differences
Orbex
Phemex
Fees Comparison
Orbex
Phemex
BrokerRank Verdict
Orbex scores 3.10/5 while Phemex scores 3.11/5 in our independent rating.
Phemex edges ahead overall, but Orbex 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?
Orbex
3.1/5
Choose Orbex if you want…
- No per-trade commission
- Higher leverage (up to 1:500)
- More regulatory licences (1)
- More market types (5)
Phemex
3.1/5
Choose Phemex if you want…
- Tighter spreads (from 0 pips)
- No minimum deposit
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 Orbex & Phemex are available in
Frequently Asked Questions
1Is Orbex better than Phemex?
Orbex (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.
2Which has lower fees, Orbex or Phemex?
Orbex offers spreads from 0.5 pips, while Phemex starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for Orbex vs Phemex?
Orbex requires a minimum deposit of $200. Phemex requires $0.
4Which broker is safer, Orbex or Phemex?
Orbex is regulated by CySEC, while Phemex holds licences from unknown regulators.
5What trading platforms do Orbex and Phemex support?
Orbex supports MT4, MT5. Phemex supports Proprietary Web, Proprietary Mobile.
6Can I use both Orbex 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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