AMarketsvs
PhemexCrypto Exchange Comparison
Two very different crypto trading models square off on security, asset depth, and cost. The comparison tests offshore regulation against on-chain transparency and fee structures.
Who should choose AMarkets vs Phemex?
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose AMarkets if you value offshore access and established multi-asset platforms. You get SVG/FSA regulation and segregated client funds, plus MT4/MT5 with copy trading integrations.
Choose if…
Choose Phemex if you want high-speed, low-cost native crypto trading with broad asset depth. You get 300 coins, PoR, no deposit fees, a premium membership that unlocks zero-maker-fee spot trading, and a mobile-first proprietary platform, though there is no regulatory license.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
Recommended
AMarkets vs Phemex: Side-by-Side Crypto Exchange Comparison
| Criteria |  AMarkets |  Phemex |
|---|---|---|
| Editorial score | 3.3/ 5 | 3.9/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 0 pips | N/A |
| Taker Fee | 6.00% | 0.10%▼ lower |
AMarkets vs Phemex Crypto Exchange Pros & Cons
Pros
- Crypto CFDs available with high leverage options
- MT4/MT5 with copy trading integration
- Low spreads on standard and ECN account types
Cons
- Offshore regulation (SVG/FSA), minimal investor protection
- 3000:1 leverage on forex is extremely high-risk
AMarkets vs Phemex: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
AMarkets
criteria wins
5
Phemex
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | AMarkets | Phemex |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Pass |
| Proof of reserves published | Fail | Pass |
| Segregated client funds | Pass | Fail |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Fail |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Fail | Pass |
| Features | ||
| Staking available | Fail | Pass |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
AMarkets vs Phemex: Frequently Asked Questions
Phemex rates 3.9/5 versus 3.3/5 for AMarkets. Phemex edges ahead on our composite score, though both exchanges meet a reasonable standard for most traders.
AMarkets lists a spread from 0. Current spread data is not available for Phemex. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Phemex has no minimum deposit, while AMarkets requires at least $100. This makes Phemex more accessible for traders looking to start with a smaller crypto investment.
AMarkets is regulated by SVGFSA. Phemex is regulated by authorities listed on their website. Confirm a exchange's current regulatory status on the relevant regulator's public register before opening an account.
For beginners, Phemex has no minimum deposit, removing the capital barrier entirely. Both exchanges otherwise share similar beginner-facing criteria in our data. Also compare demo account availability and educational resources on each exchanges's site.
AMarkets offers up to 2:1 on perpetual or margin products, versus Phemex's 100:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Phemex charges $0.1 per trade, lower than AMarkets's $6 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while Phemex supports Proprietary Web/Mobile. AMarkets has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4. Phemex has exclusive access to Proprietary Web/Mobile.
Phemex scores higher on security criteria, with cold storage and proof of reserves. For crypto, cold storage and proof of reserves are key indicators that client assets are protected against exchange failure or hacks.
Phemex scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
Phemex offers staking while AMarkets does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check Phemex's supported coins, lock-up terms, and estimated yields before committing.
