Traders

11.3 K

Overview Reviews Publications

Ratings breakdown

39

16

48

95

647

Reviews from actual traders

What do you think about Phemex?

Tell the community your thoughts.

Easy to get money in! But very hard to get it out.You are already veryfied but need two codes Email and google authentification in 1 min to get it out. I cant do it and seems like that is good for phemex but not for the user.Will not put more money in.

it always automatically logs me out, not that good, needs improvements ASAP

by Michael_Carella

i am getting really annoyed by the fact i have to login like 4/5 times per day! also because the login proces takes a lot of time it has to load for like 1 or 2 minutes per login.

One of my favorites! 1 of the most diverse crypto exchanges out there in my opinion with the ability to utilize order types that are not available on many others. A++ Crypto Exchange!!

by FrostedMoonCakeZ

Laggy, unresponsive, buggy, loss of pixels on trading views, ect. Worst I've tried so far.

by geimerislt0612x

Respectable platform, and works well. But wish it wasn't so CPU intensive (even with the chart disabled).

horribble!!! was referred by my group but not a platform that i enjoy & defintely not honest just ttok over 1800$ from my trade in 3 seconds

by sanchezgregory004

user friendly and the profit esitmation on the chart is a great feature trading view should add that too

by immanuelnadar7

Does not regfresh fast enough. The delist process should not liquidate, which is basically what it does when you are in the negative on a leverage trade.

Trading interface is decent but stable connectivity has been an issue.

Not a very stable system, to many timeouts:(

But there should be a option like i want to sell 50 percent of my equity but there is no such features

by Gurucharanmodak

Haven't ever had a problem using Phemex and integrating it with Tradestation. I would recommend using them.

Not possible to set 2 tp's with one order or even set 2 orders as they will get combined

Disconnects constantly and no way to see what mark price is on chart . No way to see the current funding rate, and P&L never matches exchange even when orders are post only limit.

by longggillusion

Spreeds on market buys are crazy

by Thinktankmoney

You can try the Slippage tolerance settings on our website, it helps you control the price spreads, especially on high volatility coin.

GOOD BUT THEY CHARGE HIGH FEES

Have to connect every day. Broker is great but connection not so much. Also SL and TP cannot be added to open positions

dont use this exchange they are thieves and stole 10000$ of btc from me when i deposited on their exchange and to this day i have yet to get it back i first deposited 200$ and it worked fine so i did a larger deposit and they flagged it and didnt let it go to my wallet and have yet to return it to me they are thieves and will take your coin don't ket them do this to you

Hi Andrew,

Can you DM me your UID and elaborate further on the situation? This will help me double-check with my team.

We haven't encountered a similar case before.

Disconnects quite often from Tradeview. Whish you could scan with mobile for easy access. No description on exchange fees. sometimes is zero, sometimes quite high. cant find why the difference.

Hi, we had enable more login option: such as Google, X, Telegram login option now. Try it out and let us know.
About the fee: It's same as our website, which you can refer to
phemex.com/fees-conditions

hard to find the mock trading option

by rudolfdoelasan

We only have mock trading available at our website.
You can found it in the Contract Menu.
We hope you can give us a better rating here. Thank you.

Easy to use platform and great variety of assets.

I use multiple exchanges like Binance, Bitget and OKX, and Phemex is one of my favorite exchanges. I just hope Phemex would make its P2P a more diverse and expansive on, providing more P2P choices across different payment methods, making it highly accessible and flexible for global users.

by cryptokargado

Hi, might I know which region are you from? I can feedback this to relevant team to make targeted improvement.