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Side-by-Side Comparison Independent Updated Oct 29, 2026

Startrader vs Phemex 2026: Which Broker is Better?

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

Startrader

Phemex

StartraderPhemex
BrokerRank Score3.1/53.1/5 ✓
Min. Deposit$50$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:100
RegulationCySEC ✓—
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
PhemexStartrader
Best for Low Fees
StartraderPhemex
Best for Regulation
StartraderPhemex
Quick Answer

Startrader (3.1/5) and Phemex (3.1/5) are closely matched. Startrader has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

Startrader vs Phemex: Key Differences

Feature

Startrader

Phemex

Winner
Our Rating
3.1 / 5
3.1 / 5
Min. Deposit
$50
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$0.01/lot
Regulated By
—
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Crypto
Crypto
Founded
2019
2019
Headquarters
Limassol, Cyprus
Singapore
Score
1 / 3
2 / 3

Fees Comparison

Fee

Startrader

Phemex

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

Startrader scores 3.06/5 while Phemex scores 3.09/5 in our independent rating.

Phemex edges ahead overall, but Startrader 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?

Startrader

Startrader

3.1/5

Choose Startrader if you want…

  • Higher leverage (up to 1:500)
  • More regulatory licences (1)
  • More market types (5)
Phemex

Phemex

3.1/5

Top pick

Choose Phemex if you want…

  • 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 Startrader & Phemex are available in

Frequently Asked Questions

1

Is Startrader better than Phemex?

Startrader (3.1/5) and Phemex (3.1/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, Startrader or Phemex?

Startrader 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 Startrader vs Phemex?

Startrader requires a minimum deposit of $50. Phemex requires $0.

4

Which broker is safer, Startrader or Phemex?

Startrader is regulated by CySEC, while Phemex holds licences from unknown regulators.

5

What trading platforms do Startrader and Phemex support?

Startrader supports MT4, MT5. Phemex supports Proprietary Web, Proprietary Mobile.

6

Can I use both Startrader 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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BrokerRank Research

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

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