Phemex
Phemex
0% fee spot (Premium); ex-Morgan Stanley team; 10M+ users. 0% spot only with abbonamento; no USA. Premium fee $9,99/month for 0% spot; no US
Data & conditions
| Maker / Taker fee | 0.01% / 0.06% |
|---|---|
| Markets | Spot + Derivatives |
| Max leverage | 100× |
| Supported assets | 300+ |
| Fiat on-ramp | Yes |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | APAC, EEA · 60+ countries |
| OAM Italy registration | No |
| Segment | B2C |
| MiCA / License status | VASP Registrazione Singapore |
Strengths
- 0% fee spot (Premium); ex-Morgan Stanley team; 10M+ users.
Weaknesses
- 0% spot only with abbonamento; no USA.
Verdict
0% fee spot (Premium); ex-Morgan Stanley team; 10M+ users. 0% spot only with abbonamento; no USA. Premium fee $9,99/month for 0% spot; no US
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
FAQ
What are Phemex's fees?
On Phemex, spot fees are maker 0.01% / taker 0.06%. They drop with monthly volume and VIP tier.
Is Phemex regulated in Europe?
Regulatory status of Phemex: Registrazione Singapore. Licence: VASP.
Does Phemex publish Proof of Reserves?
Phemex publishes Proof of Reserves. No third-party reserve audit is documented. Reserve transparency is a critical factor after the FTX collapse.
Can I send transfers to third-party IBANs from Phemex?
No, Phemex is an exchange and does not allow transfers to third-party IBANs: fiat withdrawals return to a bank account in your own name.
Does Phemex support derivatives and futures?
Phemex offers derivatives trading, with up to 100x leverage.
Sources
- Official service page Data verified on Jun 1, 2026
- Verified source Data verified on Jun 13, 2026
Update history
- Entry rebuilt from the v2 canonical dataset (manually verified record).