Head-to-head

BingX vs. Phemex

Data as of Oct 31, 2026

Criterion
Score
83.2
86.5Best
Regulation
—
FinCEN-MSB
Trading Cost
0.2 %Best
0.2 %Best
Spread
0.0013 bpsBest
0.0013 bpsBest
Reported 24h Volume
$249M
$538.8MBest
Market Breadth
2,296 marketsBest
1,019 markets

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FAQ

Frequently Asked Questions

Which broker scores higher, BingX or Phemex?

Phemex scores higher: 86.5 vs. 83.2 for BingX.

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

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

Which broker has the narrower spread, BingX or Phemex?

For the spread, BingX shows 0.0013 bps and Phemex shows 0.0013 bps.

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

Phemex has the higher reported 24h volume: $538.8M vs. $249M for BingX.

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

BingX offers the greater market breadth: 2,296 markets vs. 1,019 markets for Phemex.

Is Phemex regulated?

Phemex is regulated by FinCEN-MSB.