Bybit
OKX
Bitget
KuCoin
Binance
Deribit
BingX
MEXC
Lowest published base fees in this set
0.01% maker and 0.04% taker on perpetuals at the base tier.
- Futures maker
- 0.0100%
- Futures taker
- 0.0400%
- Spot taker
- 0.0500%
- Fees checked
- 10 November 2026
Head to head
MEXC vs Phemex
The two 0.01% maker venues. They part on taker, where MEXC lists 0.04% and Phemex 0.06%, and on spot, where MEXC lists 0% maker.
8.3/10
Phemex
Resting orders at a 0.01% maker fee
0.01% maker and 0.06% taker on perpetuals at the base tier.
- Futures maker
- 0.0100%
- Futures taker
- 0.0600%
- Spot taker
- 0.1000%
- Fees checked
- 10 November 2026
The short version
MEXC or Phemex: what the published fees say.
MEXC has the higher fee index: 8.3 against 6.6. The index is built only from each venue’s published base-tier fees.
MEXC has the lower futures taker rate: 0.04% against 0.06%. Both list the same futures maker rate (0.01%). Two market orders on a $10,000 position cost $8.00 at MEXC and $12.00 at Phemex, before funding.
MEXC: lowest published base fees in this set. Phemex: resting orders at a 0.01% maker fee. Neither venue has been through a funded AffMiss test, so this page compares what each one publishes, not how each one fills.
Both venues are scored with the same formulas on fees read the same day. If a figure here disagrees with the venue’s fee page, the fee page is right and this page is out of date.
Where they separate
The fee index scores each venue’s published base-tier fees with the same formulas and weights. The edge column shows which venue scores higher on that line, and by how much.
| Area | Weight | MEXC | Phemex | Edge |
|---|---|---|---|---|
| Futures taker fee | 40 | 8.0 | 6.0 | 2.0 MEXC |
| Futures maker fee | 30 | 8.0 | 8.0 | level |
| Spot fees | 30 | 9.0 | 6.0 | 3.0 MEXC |
| MEXC 0.04% taker on perpetuals. Standard (no MX discount) rate on the venue’s published schedule, read 10 November 2026.Phemex 0.06% taker on perpetuals. VIP 0 rate on the venue’s published schedule, read 10 November 2026. | ||||
| MEXC 0.01% maker on perpetuals. Standard (no MX discount) rate on the venue’s published schedule, read 10 November 2026.Phemex 0.01% maker on perpetuals. VIP 0 rate on the venue’s published schedule, read 10 November 2026. | ||||
| MEXC 0% maker / 0.05% taker on spot. Standard (no MX discount) rate on the venue’s published schedule, read 10 November 2026.Phemex 0.10% maker / 0.10% taker on spot. VIP 0 rate on the venue’s published schedule, read 10 November 2026. | ||||
MEXC vs Phemex fees
Published base-tier rates from each venue’s own fee page. The cheaper side of each row is marked. Withdrawal fees are set per coin and network and are not compared here.
| Fee | MEXC | Phemex | Lower cost |
|---|---|---|---|
| Futures maker | 0.01% | 0.01% | — |
| Futures taker | 0.04% | 0.06% | MEXC |
| Spot maker | 0% | 0.10% | MEXC |
| Spot taker | 0.05% | 0.10% | MEXC |
| Two taker fills on $10,000 | $8.00 | $12.00 | MEXC |
| Options maker / taker | Not on record | Not on record | — |
| Fees last read | 10 November 2026 | 10 November 2026 | — |
Fee tiers, VIP bands and promotions move without notice. Treat these rows as dated readings and the order ticket as the binding number.
What each venue offers
The facts behind the fee rows, and the limits of this page: neither venue has been traded by AffMiss, so fills, slippage, withdrawals and support are not compared.
| Fact | MEXC | Phemex |
|---|---|---|
| Founded | 2018 | 2019 |
| Products on record | Futures, Spot | Futures, Spot |
| Fee tier used | Standard (no MX discount) | VIP 0 |
| Funded AffMiss test | Not run | Not run |
| Source | MEXC Learn — fee structure and MX deduction (7 Nov 2026) | Phemex Academy — VIP program and fee schedule |
Where each one is cheaper
Both lists are generated from the published fees above, measured against the median of every venue on this site.
MEXCIn its favour
- Futures taker 0.04%, below the 0.05% median of the 9 venues here
- Futures maker 0.01%, below the 0.02% median
- Spot 0% / 0.05%, below the 0.10% median for the average of both sides
Against it
- No options fee schedule on record here, so it is not ranked for options
- No funded test yet: fills, slippage, withdrawals and support are unmeasured
PhemexIn its favour
- Futures maker 0.01%, below the 0.02% median
Against it
- Futures taker 0.06%, above the 0.05% median of the 9 venues here
- No options fee schedule on record here, so it is not ranked for options
- No funded test yet: fills, slippage, withdrawals and support are unmeasured
Which one to open
Neither of these is a general recommendation. Match the account to the orders you actually place, and check that the venue serves your country before anything else.
Fee-sensitive traders on both spot and futures who are willing to confirm the live rate on the order ticket.
Not for
Read the reviewAnyone who needs a fee schedule that reads the same on every page of the venue’s own site, and API traders counting on promotional rates.
Makers: 0.01% on contracts is half the 0.02% most large venues charge at the base tier.
Not for
Read the reviewStrategies that exit with market or stop orders, which pay 0.06% — the top of the range in this set.
Questions about this pair
At the base tier MEXC lists 0.01% maker / 0.04% taker and Phemex lists 0.01% / 0.06%. MEXC has the lower taker rate: 0.04% against 0.06%. Both list the same maker rate (0.01%).
MEXC lists 0% maker / 0.05% taker on spot; Phemex lists 0.10% / 0.10%. These are base-tier rates for each venue’s main pair group.
AffMiss has no options fee schedule on record for either venue.
No. Every figure on this page was read from the two venues’ published fee schedules on 10 November 2026. AffMiss has not run a funded test on either venue, and the rate on your own order ticket is the one that applies.
Disclosure for this comparison
Affiliate link. We may earn a commission if you open an account. It does not change the fee index, the order of this page, or what we write.
AffMiss may be paid a commission by MEXC or Phemex when a reader opens an account through a link on this page. Commission is not an input to the fee index.
Crypto assets are volatile and leveraged trading can lose all deposited funds. This page is research, not advice. Read the full risk warning.