Phemex
BitMEX
VS
Higher Rated
Phemex
Capital at risk · T&Cs apply
Compare Phemex and BitMEX side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Phemex
BitMEX
| Phemex | BitMEX | |
|---|---|---|
| BrokerRank Score | 3.2/5 ✓ | 3.0/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:100 | 1:100 |
| Regulation | MAS | FSA |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Phemex is the better choice overall, scoring 3.2/5 vs 3.0/5 on BrokerRank's independent rating. On fees, Phemex offers lower spreads (0 pips).
See full side-by-side comparison belowPhemex
WinnerBitMEX
Phemex
Lower feesBitMEX
Phemex scores 3.16/5 while BitMEX scores 3.01/5 in our independent rating.
Phemex edges ahead overall, but BitMEX may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Phemex
3.2/5
Choose Phemex if you want…
BitMEX
3.0/5
Choose BitMEX if you want…
Phemex scores higher overall on our independent rating system. Phemex holds a 3.2/5 rating vs BitMEX's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Phemex offers spreads from 0 pips, while BitMEX starts at 0 pips. Check the fees section above for a full breakdown.
Phemex requires a minimum deposit of $0. BitMEX requires $0.
Phemex is regulated by MAS, while BitMEX holds licences from FSA.
Phemex supports Proprietary Web, Proprietary Mobile. BitMEX supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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.
