Skip to main content
Side-by-Side Comparison Independent Updated Oct 26, 2026

VALR vs Phemex 2026: Which Broker is Better?

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

VALR

Phemex

VS
VALRPhemex
BrokerRank Score2.4/53.0/5 ✓
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:51:100 ✓
RegulationFSCA ✓—
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
VALRPhemex
Best for Low Fees
VALRPhemex
Best for Regulation
VALRPhemex
Best Overall
PhemexVALR
Quick Answer

Phemex is the better choice overall, scoring 3.0/5 vs 2.4/5 on BrokerRank's independent rating. On fees, VALR offers lower spreads (0 pips).

See full side-by-side comparison below

VALR vs Phemex: Key Differences

Feature

VALR

Phemex

Winner
Our Rating
2.4 / 5
3.0 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.1/lot
$0.01/lot
Regulated By
—
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Crypto
Crypto
Founded
2018
2019
Headquarters
Johannesburg, South Africa
Singapore
Score
1 / 3
2 / 3

Fees Comparison

Fee

VALR

Phemex

Lower fees
Spread From
0 pips
0 pips
Commission
$0.1/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

VALR scores 2.38/5 while Phemex scores 3.01/5 in our independent rating.

Phemex edges ahead overall, but VALR 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?

VALR

VALR

2.4/5

Choose VALR if you want…

  • More regulatory licences (1)
  • More established (est. 2018)
Phemex

Phemex

3.0/5

Top pick

Choose Phemex if you want…

  • Higher overall rating (3.0/5)
  • 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
#2Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#4AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both VALR & Phemex are available in

Frequently Asked Questions

1

Is VALR better than Phemex?

Phemex scores higher overall on our independent rating system. VALR holds a 2.4/5 rating vs Phemex's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, VALR or Phemex?

VALR 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 VALR vs Phemex?

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

4

Which broker is safer, VALR or Phemex?

VALR is regulated by FSCA, while Phemex holds licences from unknown regulators.

5

What trading platforms do VALR and Phemex support?

VALR supports Proprietary Web, Proprietary Mobile. Phemex supports Proprietary Web, Proprietary Mobile.

6

Can I use both VALR 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

Phemex

Open Account

Capital at risk · T&Cs apply