Head-to-head

Binance vs. Phemex

Data as of Sep 15, 2026

Criterion
Score
98.4Best
83.3
Regulation
VARA
Trading Cost
0.2 %
0.2 %
Spread
0.0013 bpsBest
4.2894 bps
Reported 24h Volume
$10.9BBest
$813.3M
Market Breadth
3,699 marketsBest
1,018 markets

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FAQ

Frequently Asked Questions

Which broker scores higher, Binance or Phemex?

Binance scores higher: 98.4 vs. 83.3 for Phemex.

Which broker has the lower trading costs, Binance or Phemex?

For trading costs, Binance shows 0.2 % and Phemex shows 0.2 %.

Which broker has the narrower spread, Binance or Phemex?

Binance has the narrower spread: 0.0013 bps vs. 4.2894 bps for Phemex.

Which broker has the higher reported 24h volume, Binance or Phemex?

Binance has the higher reported 24h volume: $10.9B vs. $813.3M for Phemex.

Which broker offers the greater market breadth, Binance or Phemex?

Binance offers the greater market breadth: 3,699 markets vs. 1,018 markets for Phemex.

Is Binance regulated?

Binance is regulated by VARA.