Side-by-Side Comparison Independent Updated Jul 31, 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
| VALR | Phemex | |
|---|---|---|
| BrokerRank Score | 2.8/5 | 3.1/5 ✓ |
| Min. Deposit | $0 | $0 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:100 ✓ |
| Regulation | FSCA ✓ | — |
| Platforms | Proprietary Web, Proprietary Mobile | Proprietary 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 3.1/5 vs 2.8/5 on BrokerRank's independent rating. On fees, VALR offers lower spreads (0 pips).
See full side-by-side comparison belowVALR vs Phemex: Key Differences
Feature
VALR
Phemex
WinnerOur Rating
2.8 / 5
3.1 / 5
Min. Deposit
$0
$0
Spread From
0 pips
0 pips
Commission
$0.1/lot
$0.01/lot
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 feesSpread From
0 pips
0 pips
Commission
$0.1/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
VALR scores 2.77/5 while Phemex scores 3.14/5 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
2.8/5
Choose VALR if you want…
- More regulatory licences (1)
- More established (est. 2018)
Phemex
3.1/5
Choose Phemex if you want…
- Higher overall rating (3.1/5)
- 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 VALR & Phemex are available in
Frequently Asked Questions
1Is VALR better than Phemex?
Phemex scores higher overall on our independent rating system. VALR holds a 2.8/5 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, VALR or Phemex?
VALR 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 VALR vs Phemex?
VALR requires a minimum deposit of $0. Phemex requires $0.
4Which broker is safer, VALR or Phemex?
VALR is regulated by FSCA, while Phemex holds licences from unknown regulators.
5What trading platforms do VALR and Phemex support?
VALR supports Proprietary Web, Proprietary Mobile. Phemex supports Proprietary Web, Proprietary Mobile.
6Can 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
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
Phemex
Capital at risk · T&Cs apply