Bybit0.10% maker / 0.10% taker (Spot)
- Published fee
- 0.10% maker / 0.10% taker (Spot)
- Minimum deposit
- 0 $
- Spread figure
- Trading fee 0.10% maker/taker (spot), 0.02%/0.055% (derivatives)
Broker comparison
Bybit vs.
Phemex
Which broker fits your needs?
Platforms, products and fees side by side.
Updated: October 2026
See comparisonBybit
PhemexVS
Summary
Your goal decides.
On spot trading the two are level: 0.10% maker and taker, and no minimum deposit at either. The difference sits in derivatives and extras. Phemex quotes the lower futures maker fee (0.01% against Bybit's 0.02%) and a testnet for practice; Bybit is the higher-rated exchange (4.2/5 vs 3.6/5) with copy trading, over 500 cryptocurrencies and crypto options among its listed instruments. Both state their regulation only as "various".
BybitCrypto exchange focused on derivatives and copy trading
PhemexCrypto derivatives exchange with spot trading and up to 100x leverage
At a glance
The key differences
| Criterion | Bybit | Phemex |
|---|---|---|
| Platforms | Bybit Web, Bybit App | Phemex Web, Phemex App |
| Product types | Crypto, Derivatives, Futures, Options (Crypto), Launchpad | Bitcoin, Ethereum, Altcoins, Perpetual Futures, Spot |
| Options trading | No | No |
| Fee model | 0.10% maker / 0.10% taker (Spot) | 0.10% Maker / 0.10% Taker (Spot), Futures 0.01% / 0.06% |
| Minimum deposit | 0 $ | 0 $ |
| Regulation | Various | Various |
| More information | Details | Details |
Platforms
Bybit
Bybit Web, Bybit App
Phemex
Phemex Web, Phemex App
Product types
Bybit
Crypto, Derivatives, Futures, Options (Crypto), Launchpad
Phemex
Bitcoin, Ethereum, Altcoins, Perpetual Futures, Spot
Options trading
Bybit
No
Phemex
No
Fee model
Bybit
0.10% maker / 0.10% taker (Spot)
Phemex
0.10% Maker / 0.10% Taker (Spot), Futures 0.01% / 0.06%
Minimum deposit
Bybit
0 $
Phemex
0 $
Regulation
Bybit
Various
Phemex
Various
Product access and costs depend on market, account and permissions.
Detailed comparison
Comparing fees
Compare total costs, not just the order fee.
BybitPhemex0.10% Maker / 0.10% Taker (Spot), Futures 0.01% / 0.06%
- Published fee
- 0.10% Maker / 0.10% Taker (Spot), Futures 0.01% / 0.06%
- Minimum deposit
- 0 $
- Spread figure
- Trading fee 0.10% maker/taker (spot), 0.01%/0.06% (futures); 0% spot fee on premium tier
The relevant costs depend on market, currency, order size and trading style.
Execution quality
Order type, venue and liquidity affect execution.
BybitCheck 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 informationProduct range
BybitCryptoDerivativesFuturesOptions (Crypto)Launchpad
PhemexBitcoinEthereumAltcoinsPerpetual FuturesSpot
Categories come from broker profiles. Check specific markets and permissions before deciding.
Trading platforms
BybitBybit Web · Bybit App
Bybit offers a powerful web platform and mobile app with professional charting tools, real-time order books, and diverse order types for spot and derivatives trading. The copy trading feature is seamlessly integrated. The platform provides clear switching between spot, derivatives, options, and P2P trading. The mobile app enables complete trading on the go with price alerts and portfolio management.
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
Who might it suit?
BybitCrypto exchange focused on derivatives and copy trading
- High liquidity in derivatives trading
- Copy trading available
- Over 500 cryptocurrencies
- Not available in all countries
- Regulatory status unclear in some regions
PhemexCrypto derivatives exchange with spot trading and up to 100x leverage
- Fast order execution (under 1ms)
- Founded by former Morgan Stanley executives
- Low futures fees
- No EU regulation, offshore domicile
- High loss risk with 100x leverage
Find the broker that fits
Bybit oder Phemex?
Side by side. Decided with knowledge.
See the differences that matter, and the Academy lessons that explain them.
VS
- Fees
- Platform
- Regulation
- Matching lessons
Two brokers. Many options. Your call.
In-depth analysis
Entry and fees: Neither Bybit nor Phemex asks for a minimum deposit, and on the spot market they charge exactly the same: 0.10% maker and 0.10% taker. The comparison only becomes interesting on derivatives. Bybit quotes 0.02% maker and 0.055% taker, Phemex 0.01% maker and 0.06% taker on futures. That splits the decision by order type: if you mostly place limit orders that add liquidity, Phemex is marginally cheaper; if you mostly take liquidity with market orders, Bybit is. Phemex additionally lists a 0% spot fee on its premium tier.
Products and platforms: Both are built around crypto derivatives and both run on their own web platform and app, without MetaTrader. Bybit lists spot crypto, derivatives, futures, crypto options and a Launchpad for new tokens, offers copy trading and quotes over 500 cryptocurrencies, with high liquidity in derivatives named as a strength. Phemex lists Bitcoin, Ethereum, altcoins, spot and perpetual futures with up to 100x leverage, quotes order execution under 1 ms and provides a testnet for risk-free practice. Its own record names lower liquidity than the top exchanges as a weakness.
Profile and verdict: Bybit (4.2/5 from 1,600 reviews) was founded in 2018 and is headquartered in Dubai; Phemex (3.6/5 from 550 reviews) followed in 2019 and sits in Singapore. Both state their regulation only as "various", Phemex explicitly without EU regulation, and Bybit is not available in all countries. High leverage is a stated risk on both sides. If you want copy trading, the broader product list and deeper derivatives liquidity, Bybit is the stronger choice; if you trade futures mainly with limit orders and want to practise on a testnet first, Phemex is worth a look.
Your questions
Frequently asked questions
How do fees differ between Bybit and Phemex?
Bybit: 0.10% maker / 0.10% taker (Spot). Phemex: 0.10% Maker / 0.10% Taker (Spot), Futures 0.01% / 0.06%. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Bybit or Phemex?
Bybit offers Crypto, Derivatives, Futures, Options (Crypto), Launchpad. Phemex offers Bitcoin, Ethereum, Altcoins, Perpetual Futures, Spot.
How are Bybit and Phemex regulated?
The broker profiles list Various for Bybit and Various for Phemex. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Bybit or Phemex better for beginners?
Bybit lists a 0 $ minimum deposit and offers Bybit Web, Bybit App. Phemex lists 0 $ and offers Phemex Web, Phemex App. Compare usability, available products and costs for your intended use.
Bybit vs Phemex: Which broker is better overall?
The choice between Bybit (4.2/5, 1600 reviews) and Phemex (3.6/5, 550 reviews) depends on your needs. Bybit: Crypto exchange focused on derivatives and copy trading. Phemex: Crypto derivatives exchange with spot trading and up to 100x leverage.
How do spreads compare between Bybit and Phemex?
Bybit offers typical spreads of Trading fee 0.10% maker/taker (spot), 0.02%/0.055% (derivatives). Phemex offers Trading fee 0.10% maker/taker (spot), 0.01%/0.06% (futures); 0% spot fee on premium tier. Tighter spreads reduce trading costs especially for active trading.
Your next step
Your next step
BybitCrypto exchange focused on derivatives and copy trading
Open accountRead reviewPhemexCrypto derivatives exchange with spot trading and up to 100x leverage
Open accountRead reviewKeep learning
Before you pick a broker
The guides worth reading before your first trade, whichever of the two you choose.