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Side-by-Side Comparison Independent Updated Oct 18, 2026

XT.com vs Phemex 2026: Which Broker is Better?

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

XT.com

Phemex

VS
XT.comPhemex
BrokerRank Score3.9/5 ✓3.0/5
Min. Deposit$0$0
Spread from0 pips0 pips
Max Leverage1:125 ✓1:100
RegulationFSA ✓—
PlatformsProprietary Web, Proprietary MobileProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
XT.comPhemex
Best for Low Fees
XT.comPhemex
Best for Regulation
XT.comPhemex
Best Overall
XT.comPhemex
Quick Answer

XT.com is the better choice overall, scoring 3.9/5 vs 3.0/5 on BrokerRank's independent rating. On fees, XT.com offers lower spreads (0 pips).

See full side-by-side comparison below

XT.com vs Phemex: Key Differences

Feature

XT.com

Winner

Phemex

Our Rating
3.9 / 5
3.0 / 5
Min. Deposit
$0
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$0.2/lot
$0.01/lot
Regulated By
FSA
—
Platforms
Proprietary Web, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Crypto
Crypto
Founded
2018
2019
Headquarters
Seychelles
Singapore
Score
2 / 3
1 / 3

Fees Comparison

Fee

XT.com

Phemex

Lower fees
Spread From
0 pips
0 pips
Commission
$0.2/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

XT.com scores 3.88/5 while Phemex scores 3.04/5 in our independent rating.

XT.com 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?

XT.com

XT.com

3.9/5

Top pick

Choose XT.com if you want…

  • Higher overall rating (3.9/5)
  • Higher leverage (up to 1:125)
  • More regulatory licences (1)
  • More established (est. 2018)
Phemex

Phemex

3.0/5

Choose Phemex if you want…

Similar strengths to XT.com — compare below.

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80% of retail CFD accounts lose money.

Both XT.com & Phemex are available in

Frequently Asked Questions

1

Is XT.com better than Phemex?

XT.com scores higher overall on our independent rating system. XT.com holds a 3.9/5 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, XT.com or Phemex?

XT.com 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 XT.com vs Phemex?

XT.com requires a minimum deposit of $0. Phemex requires $0.

4

Which broker is safer, XT.com or Phemex?

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

5

What trading platforms do XT.com and Phemex support?

XT.com supports Proprietary Web, Proprietary Mobile. Phemex supports Proprietary Web, Proprietary Mobile.

6

Can I use both XT.com 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.

Higher Rated

XT.com

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