Skip to main content
Side-by-Side Comparison Independent Updated Oct 29, 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
PionexPhemex
BrokerRank Score3.1/5 ✓3.1/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:31:100 ✓
RegulationFinCEN ✓—
PlatformsProprietary Web, Proprietary MobileProprietary 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 3.1/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Pionex offers lower spreads (0 pips).

See full side-by-side comparison below

Pionex vs Phemex: Key Differences

Feature

Pionex

Phemex

Our Rating
3.1 / 5
3.1 / 5
Min. Deposit
$0
$0
Max Leverage
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 fees
Spread From
0 pips
0 pips
Commission
$0.05/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Pionex scores 3.15/5 while Phemex scores 3.09/5 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

Pionex

3.1/5

Top pick

Choose Pionex if you want…

  • Higher overall rating (3.1/5)
  • More regulatory licences (1)
Phemex

Phemex

3.1/5

Choose Phemex if you want…

  • Higher leverage (up to 1:100)

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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#3Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both Pionex & Phemex are available in

Frequently Asked Questions

1

Is Pionex better than Phemex?

Pionex scores higher overall on our independent rating system. Pionex holds a 3.1/5 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, Pionex or Phemex?

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

3

What is the minimum deposit for Pionex vs Phemex?

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

4

Which broker is safer, Pionex or Phemex?

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

5

What trading platforms do Pionex and Phemex support?

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

6

Can 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

Related Guides

BrokerRank Research

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

Higher Rated

Pionex

Open Account

Capital at risk · T&Cs apply