Phemex
Professional crypto trading with zero spot fees on membership
★★★★★4.2(3,800 reviews)
Up to 50 USDT Welcome Bonus— New user bonus for first deposit — tiered rewards based on deposit amount
7/10
Trust Score
2019
Founded
$800M
Daily Volume
300
Coins Listed
0.1%
Spot Maker Fee
0.1%
Spot Taker Fee
None
Min Deposit
100%
Cold Storage
Our Verdict
Phemex is built for professional derivatives traders. Ultra-low futures fees and 100% cold storage make it one of the most trusted specialist futures platforms.
Futures tradersProfessional tradersBot tradersSecurity-focused traders
Fee Structure
Spot Maker0.1%
Spot Taker0.1%
Futures Maker0.01%
Futures Taker0.06%
BTC Withdrawal0.0005 BTC
ETH Withdrawal0.0003 ETH
Fiat DepositFree
Fiat WithdrawalFree
Verified 2026-06-01Verify current fees
Features
Spot Trading
Futures
Margin Trading
Staking
Copy Trading
NFT Marketplace
DeFi / Web3
OTC Trading
Pros & Cons
Pros
- 0.01% futures maker — among the lowest
- Founded by ex-Morgan Stanley executives
- 100% cold storage for funds
- Zero spot fees with Premium membership ($9.99/mo)
- Clean, fast trading interface
Cons
- Not available in US or UK
- Only 300 coins — limited selection
- Premium needed for zero spot fees
- No margin lending or DeFi features
Security
Cold Storage100%
2FAYes
InsuranceNo
KYC Requiredbasic
Info
Founded2019
HQBritish Virgin Islands
Min DepositNone
APIYes
Payment Methods
Bank TransferCredit CardCrypto
Available Regions
globaleuasiachcanadajapansingapore
Restricted:
US, UK
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