Head-to-head
MEXC vs. Phemex
Data as of Oct 31, 2026
| Criterion | ||
|---|---|---|
| Score | 89.1Best | 86.5 |
| Regulation | — | FinCEN-MSB |
| Trading Cost | 0.05 %Best | 0.2 % |
| Spread | 0.0013 bpsBest | 0.0013 bpsBest |
| Reported 24h Volume | $563.6MBest | $538.8M |
| Market Breadth | 1,818 marketsBest | 1,019 markets |
FAQ
Frequently Asked Questions
Which broker scores higher, MEXC or Phemex?
MEXC scores higher: 89.1 vs. 86.5 for Phemex.
Which broker has the lower trading costs, MEXC or Phemex?
MEXC has the lower trading costs: 0.05 % vs. 0.2 % for Phemex.
Which broker has the narrower spread, MEXC or Phemex?
For the spread, MEXC shows 0.0013 bps and Phemex shows 0.0013 bps.
Which broker has the higher reported 24h volume, MEXC or Phemex?
MEXC has the higher reported 24h volume: $563.6M vs. $538.8M for Phemex.
Which broker offers the greater market breadth, MEXC or Phemex?
MEXC offers the greater market breadth: 1,818 markets vs. 1,019 markets for Phemex.
Is Phemex regulated?
Phemex is regulated by FinCEN-MSB.