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Side-by-Side Comparison Independent Updated Oct 23, 2026

PrimeXBT vs Phemex 2026: Which Broker is Better?

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

PrimeXBT

Phemex

Higher ratedPrimeXBT logo

PrimeXBT

3.4/ 5
Visit PrimeXBT →Full review
VS
PrimeXBTPhemex
BrokerRank Score3.4/5 ✓3.1/5
Min. Deposit$1$0 ✓
Spread from0.001 pips0 pips ✓
Max Leverage1:200 ✓1:100
RegulationFSA ✓—
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
PhemexPrimeXBT
Best for Low Fees
PhemexPrimeXBT
Best for Regulation
PrimeXBTPhemex
Best Overall
PrimeXBTPhemex
Quick Answer

PrimeXBT is the better choice overall, scoring 3.4/5 vs 3.1/5 on BrokerRank's independent rating. On fees, Phemex offers lower spreads (0 pips).

See full side-by-side comparison below

PrimeXBT vs Phemex: Key Differences

Feature

PrimeXBT

Phemex

Winner
Our Rating
3.4 / 5
3.1 / 5
Min. Deposit
$1
$0
Max Leverage
Spread From
0.001 pips
0 pips
Commission
$0.05/lot
$0.01/lot
Regulated By
FSA
—
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Crypto, Forex, Cfd, Indices, Commodities
Crypto
Founded
2018
2019
Headquarters
Seychelles
Singapore
Score
2 / 5
3 / 5

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Fees Comparison

Fee

PrimeXBT

Phemex

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

BrokerRank Verdict

PrimeXBT scores 3.39/5 while Phemex scores 3.09/5 in our independent rating.

PrimeXBT 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?

PrimeXBT

PrimeXBT

3.4/5

Top pick

Choose PrimeXBT if you want…

  • Higher overall rating (3.4/5)
  • Higher leverage (up to 1:200)
  • More regulatory licences (1)
  • More market types (5)
Phemex

Phemex

3.1/5

Choose Phemex if you want…

  • Tighter spreads (from 0 pips)
  • No minimum deposit

Also consider

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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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80% of retail CFD accounts lose money.

Both PrimeXBT & Phemex are available in

Frequently Asked Questions

1

Is PrimeXBT better than Phemex?

PrimeXBT scores higher overall on our independent rating system. PrimeXBT holds a 3.4/5 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, PrimeXBT or Phemex?

PrimeXBT offers spreads from 0.001 pips, while Phemex starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for PrimeXBT vs Phemex?

PrimeXBT requires a minimum deposit of $1. Phemex requires $0.

4

Which broker is safer, PrimeXBT or Phemex?

PrimeXBT is regulated by FSA, while Phemex holds licences from unknown regulators.

5

What trading platforms do PrimeXBT and Phemex support?

PrimeXBT supports Proprietary Web, Proprietary Mobile. Phemex supports Proprietary Web, Proprietary Mobile.

6

Can I use both PrimeXBT and Phemex?

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

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