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Phemex review
0.01% maker and 0.06% taker on perpetuals at the base tier.
Phemex (founded 2019) lists futures and spot. Base-tier fees: 0.01% / 0.06% on perpetuals and 0.10% / 0.10% on spot.
The short version
Phemex fees score 6.6 of 10 on published rates.
Phemex publishes 0.01% maker and 0.06% taker on perpetual futures and 0.10% / 0.10% on spot at its VIP 0 tier. On the AffMiss fee index, which turns those three published rates into a number out of ten, that comes to 6.6.
Against the other 8 venues on this site its futures taker rate is above the 0.05% median and its maker rate is below the 0.02% median. A round trip of two market orders on a $10,000 position costs $12.00 in fees at these rates, before funding.
The index measures published fees and nothing else. It says nothing about liquidity, security, solvency, support or whether Phemex accepts customers in your country, and AffMiss has not run a funded test on this venue.
In 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
Phemex fee index
The fee index turns Phemex’s published base-tier fees into a number out of ten, using the formulas on the methodology page. It is a measure of published cost only. It is not a rating of safety, liquidity or service.
| Area | Weight | Score | What the score is based on |
|---|---|---|---|
| Futures taker fee | 40 | 6.0 | 0.06% taker on perpetuals. VIP 0 rate on the venue’s published schedule, read 10 November 2026. |
| Futures maker fee | 30 | 8.0 | 0.01% maker on perpetuals. VIP 0 rate on the venue’s published schedule, read 10 November 2026. |
| Spot fees | 30 | 6.0 | 0.10% maker / 0.10% taker on spot. VIP 0 rate on the venue’s published schedule, read 10 November 2026. |
| Fee index | 100 | 6.6 | Sum of score × weight ÷ 100, rounded to one decimal. |
What has been checked, and what has not
Verified rows were read from Phemex’s own published pages on the date shown. Pending rows are things AffMiss has not confirmed: they stay in the table so the gaps are visible. 3 of 5 rows on this page are pending.
| Check | Date | Result | Detail | Status |
|---|---|---|---|---|
| Futures fee schedule | 10 November 2026 | 0.01% / 0.06% | Maker / taker at VIP 0. Source: Phemex Academy — VIP program and fee schedule. | verified |
| Spot fee schedule | 10 November 2026 | 0.10% / 0.10% | Maker / taker at VIP 0, main pair group. | verified |
| Options fee schedule | — | Not read | No options schedule recorded for this venue. | pending |
| Withdrawal fees | — | Not recorded | Set per coin and network and changed without notice; no dated reading yet. | pending |
| Funded account test | — | Not run | AffMiss has not traded this venue with its own money. No fill, slippage or withdrawal timing is claimed. | pending |
Source for the verified rows: Phemex Academy — VIP program and fee schedule.
Phemex fees, dated
Published base-tier rates, each with the day it was read. When a rate changes, the new reading is added above the old one so the movement stays visible.
| Date read | Fee | Published rate | Change vs previous | Note |
|---|---|---|---|---|
| 10 November 2026 | Perpetual futures maker | 0.01% | First reading | VIP 0 |
| 10 November 2026 | Perpetual futures taker | 0.06% | First reading | VIP 0 |
| 10 November 2026 | Spot maker | 0.10% | First reading | VIP 0 |
| 10 November 2026 | Spot taker | 0.10% | First reading | VIP 0 |
What the headline rates leave out
- Market, stop-loss and take-profit orders on contracts always pay the 0.06% taker rate.
These are published rates, not statement readings. Your tier, the pair you trade and any token discount decide what you are charged; the order ticket is the binding number.
Who Phemex suits
Makers: 0.01% on contracts is half the 0.02% most large venues charge at the base tier.
Who it does not suit: Strategies that exit with market or stop orders, which pay 0.06% — the top of the range in this set.
Phemex alternatives
Two venues with a similar product range, scored with the same fee formulas. Each one has a head-to-head page that sets the two fee schedules side by side.
MEXCLowest published base fees in this set8.3OF 100.01% maker and 0.04% taker on perpetuals at the base tier.
BybitPerpetuals, options and copy trading in one account6.2OF 100.02% maker and 0.055% taker on perpetuals at the base tier.
Phemex fees: common questions
At the VIP 0 tier Phemex publishes 0.01% maker and 0.06% taker on perpetual futures. AffMiss read this on 10 November 2026 from Phemex Academy — VIP program and fee schedule. Higher tiers and token discounts lower both rates.
0.10% maker and 0.10% taker at the VIP 0 tier for the main pair group, read on 10 November 2026.
On base futures fees Phemex lists 0.01% / 0.06% and MEXC lists 0.01% / 0.04% (maker / taker). MEXC has the lower taker rate, and the maker rates are the same.
No. This page is built from Phemex's published fee schedule. AffMiss has not funded an account here, so it makes no claim about fills, slippage, withdrawal speed or support.
It may. AffMiss can be paid a commission by venues when a reader opens an account through a link on this site. Commission is not an input to the fee index, which is calculated only from published fees.
Disclosure for this page
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 Phemex when a reader opens an account through a link on this site. Commission is not an input to the fee index.
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