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

Phemex vs Pionex 2026: Which Broker is Better?

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

Phemex

Pionex

VS
PhemexPionex
BrokerRank Score3.1/53.2/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:100 ✓1:3
Regulation—FinCEN ✓
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
PhemexPionex
Best for Low Fees
PhemexPionex
Best for Regulation
PionexPhemex
Best Overall
PionexPhemex
Quick Answer

Pionex is the better choice overall, scoring 3.2/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Phemex offers lower spreads (0 pips).

See full side-by-side comparison below

Phemex vs Pionex: Key Differences

Feature

Phemex

Pionex

Our Rating
3.1 / 5
3.2 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.01/lot
$0.05/lot
Regulated By
—
FinCEN
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Crypto
Crypto
Founded
2019
2019
Headquarters
Singapore
Singapore
Score
1 / 2
1 / 2

Fees Comparison

Fee

Phemex

Lower fees

Pionex

Spread From
0 pips
0 pips
Commission
$0.01/lot
$0.05/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Phemex scores 3.11/5 while Pionex scores 3.17/5 in our independent rating.

Pionex 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?

Phemex

Phemex

3.1/5

Choose Phemex if you want…

  • Higher leverage (up to 1:100)
Pionex

Pionex

3.2/5

Top pick

Choose Pionex if you want…

  • Higher overall rating (3.2/5)
  • More regulatory licences (1)

Also consider

View all rankings

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.

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Both Phemex & Pionex are available in

Frequently Asked Questions

1

Is Phemex better than Pionex?

Pionex scores higher overall on our independent rating system. Phemex holds a 3.1/5 rating vs Pionex's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Phemex or Pionex?

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

3

What is the minimum deposit for Phemex vs Pionex?

Phemex requires a minimum deposit of $0. Pionex requires $0.

4

Which broker is safer, Phemex or Pionex?

Phemex is regulated by unknown regulators, while Pionex holds licences from FinCEN.

5

What trading platforms do Phemex and Pionex support?

Phemex supports Proprietary Web, Proprietary Mobile. Pionex supports Proprietary Web, Proprietary Mobile.

6

Can I use both Phemex and Pionex?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

Related Guides

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Higher Rated

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