Broker comparison
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
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Bitfinex
PhemexSummary
Bitfinex has a higher rating of 3.8/5 compared to Phemex (3.6/5). Bitfinex offers 6 instrument types, while Phemex offers 5. The minimum deposit is lower at Phemex with 0 $. Bitfinex has been in the market since 2012, making it the more experienced provider. On spreads, Bitfinex offers Trading fee 0.10% maker / 0.20% taker (spot), volume discounts from $500,000/30 days, while Phemex offers Trading fee 0.10% maker/taker (spot), 0.01%/0.06% (futures); 0% spot fee on premium tier.
BitfinexProfessional crypto exchange with margin trading and lending
PhemexCrypto derivatives exchange with spot trading and up to 100x leverage
At a glance
| Criterion | Bitfinex | Phemex |
|---|---|---|
| Platforms | Bitfinex Web, Bitfinex App | Phemex Web, Phemex App |
| Product types | Bitcoin, Ethereum, Altcoins, Margin Trading, Lending, Derivatives | Bitcoin, Ethereum, Altcoins, Perpetual Futures, Spot |
| Options trading | No (derivatives via separate platform) | No |
| Fee model | 0.10% Maker / 0.20% Taker, discounts for high-volume traders | 0.10% Maker / 0.10% Taker (Spot), Futures 0.01% / 0.06% |
| Minimum deposit | 10.000 $ (Fiat), 0 $ (Krypto) | 0 $ |
| Regulation | Various | Various |
| More information | Details | Details |
Bitfinex Web, Bitfinex App
Phemex Web, Phemex App
Bitcoin, Ethereum, Altcoins, Margin Trading, Lending, Derivatives
Bitcoin, Ethereum, Altcoins, Perpetual Futures, Spot
No (derivatives via separate platform)
No
0.10% Maker / 0.20% Taker, discounts for high-volume traders
0.10% Maker / 0.10% Taker (Spot), Futures 0.01% / 0.06%
10.000 $ (Fiat), 0 $ (Krypto)
0 $
Various
Various
Product access and costs depend on market, account and permissions.
Detailed comparison
Compare total costs, not just the order fee.
BitfinexPhemexThe relevant costs depend on market, currency, order size and trading style.
Order type, venue and liquidity affect execution.
BitfinexCheck the provider’s execution policy and available order types for your account.
Provider informationPhemexCheck the provider’s execution policy and available order types for your account.
Provider informationBitfinexPhemexCategories come from broker profiles. Check specific markets and permissions before deciding.
BitfinexBitfinex Web · Bitfinex App
Bitfinex offers a powerful web platform and mobile app tailored to professional traders. The trading interface includes advanced charting tools with TradingView integration, numerous order types such as OCO, trailing stop, and hidden orders, plus a detailed order book. The API interface enables algorithmic trading and integration into automated trading strategies.
Explore platformPhemexPhemex Web · Phemex App
Phemex offers a powerful web platform and mobile app designed for professional derivatives trading. The trading interface includes advanced TradingView charts, various order types such as limit, market, conditional, and trailing stop, plus a detailed order book. The testnet enables risk-free practice with an identical interface. The API supports algorithmic trading.
Explore platformRegulation does not prevent market losses. The relevant authority depends on the contracting entity.
Your investor profile
BitfinexProfessional crypto exchange with margin trading and lending
PhemexCrypto derivatives exchange with spot trading and up to 100x leverage
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BitfinexProfessional crypto exchange with margin trading and lending
Open accountRead reviewPhemexCrypto derivatives exchange with spot trading and up to 100x leverage
Open accountRead reviewThe guides worth reading before your first trade, whichever of the two you choose.
