TradingView
est. 2011
The charting platform almost every crypto trader lives in — with a social layer on top.
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Fact-checked 2026-08-14
Phemex
Established 2019
A fast, fee-competitive derivatives exchange founded by ex-Morgan Stanley executives.
Phemex was built by former Morgan Stanley technologists around a high-throughput matching engine, focusing on perpetual futures with a clean, retail-friendly interface. It has since added spot trading and a trading-competition culture with a large global following.
Quick facts
Founded
2019
Category
Trading
Platforms
Web, iOS, Android
Key facts
Derivatives, Sub-account system, Fast matching
Pros
- Clean, fast interface with solid mobile apps
- Competitive maker/taker fees with zero-fee promos
- Sub-accounts make strategy separation easy
Cons
- 2025 hot-wallet breach (~US$70M) — partially recovered, but noted
- Derivatives focus means spot depth is thinner
- Leverage-first product design
Best for
Derivatives traders who value speed and fee promos
Fees
Spot ~0.1%; perps maker 0.01% / taker 0.06%. Withdrawals vary.
Security notes
Standard CEX custody. The 2025 breach is a reminder that no exchange account is a vault — hold long-term funds in self-custody.
derivativesfeesspeed
Frequently asked questions
What is Phemex?
Phemex is A fast, fee-competitive derivatives exchange founded by ex-Morgan Stanley executives. Phemex was built by former Morgan Stanley technologists around a high-throughput matching engine, focusing on perpetual futures with a clean, retail-friendly interface. It has since added spot trading and a trading-competition culture with a large global following.
Is Phemex safe to use?
Standard CEX custody. The 2025 breach is a reminder that no exchange account is a vault — hold long-term funds in self-custody. As always, verify details on the official site before trusting funds to any service.
How much does Phemex cost?
Spot ~0.1%; perps maker 0.01% / taker 0.06%. Withdrawals vary. Figures change — confirm current pricing on the official site before deciding.
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