Side-by-Side Comparison Independent Updated Jul 31, 2026
Pionex vs Phemex 2026: Which Broker is Better?
Compare Pionex and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
Pionex
Phemex
VS
| Pionex | Phemex | |
|---|---|---|
| BrokerRank Score | 3.2/5 ✓ | 3.1/5 |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:3 | 1:100 ✓ |
| Regulation | FinCEN ✓ | — |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
PionexPhemex
Best for Low Fees
PionexPhemex
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, Pionex offers lower spreads (0 pips).
See full side-by-side comparison belowPionex vs Phemex: Key Differences
Feature
Pionex
Phemex
Our Rating
3.2 / 5
3.1 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
$0.05/lot
$0.01/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
Pionex
Phemex
Lower feesSpread From
0 pips
0 pips
Commission
$0.05/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
Pionex scores 3.20/5 while Phemex scores 3.14/5 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?
Pionex
3.2/5
Choose Pionex if you want…
- Higher overall rating (3.2/5)
- More regulatory licences (1)
Phemex
3.1/5
Choose Phemex if you want…
- Higher leverage (up to 1:100)
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 Pionex & Phemex are available in
Frequently Asked Questions
1Is Pionex better than Phemex?
Pionex scores higher overall on our independent rating system. Pionex holds a 3.2/5 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.
2Which has lower fees, Pionex or Phemex?
Pionex 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 Pionex vs Phemex?
Pionex requires a minimum deposit of $0. Phemex requires $0.
4Which broker is safer, Pionex or Phemex?
Pionex is regulated by FinCEN, while Phemex holds licences from unknown regulators.
5What trading platforms do Pionex and Phemex support?
Pionex supports Proprietary Web, Proprietary Mobile. Phemex supports Proprietary Web, Proprietary Mobile.
6Can I use both Pionex 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.
Higher Rated
Pionex
Capital at risk · T&Cs apply