B2Broker vs Phemex

B2Broker4.2/5

VS

Phemex3.5/5

Feature	B2BrokerVisit	PhemexVisit
Ratings
Our score	4.2/5	3.5/5
User rating	No reviews yet	No reviews yet
Fees	3.5	3.5
Security & trust	4.5	3.0
Asset selection	4.5	4.0
Ease of use	4.0	4.0
Support	4.5	3.5
Specs
Markets	Spot, Margin, Copy trading, OTC	Spot, Futures, Margin, Copy trading
Maker fee	Not disclosed	0.01%
Taker fee	Not disclosed	0.06%
Fiat deposit methods	Bank transfer, Card	Bank transfer, Card
KYC required	Yes	Yes
Accepts US customers	Not disclosed	No
Proof of reserves	Not disclosed	Yes
Staking / earn	Not disclosed	Yes
Mobile app	Not disclosed	Yes
Licenses & registrations	Mauritius FSC, CySEC, NBRB	Not disclosed
Security features	Not disclosed	Cold storage, Merkle-tree Proof of Reserves, Multi-signature wallets, Two-factor authentication, Fireblocks custody
Futures & perpetuals	Yes	Yes
Max leverage (x)	1,000	150
Copy trading	Yes	Yes
Earn / savings products	Not disclosed	Yes
User protection fund	Not disclosed	Yes
Referral program	Not disclosed	Yes
Company
Founded	2014	2019
Headquarters	—	Singapore
Investors	Not disclosed	Not disclosed
Strengths and weaknesses
Pros	Turnkey liquidity across 11 asset classes and 1,500 instruments via single margin Stablecoin settlements in USDT and USDC across 10 separate blockchains Regulated operating arms hold CySEC and Mauritius FSC licenses Established track record since 2014 with over 500 broker launches	Competitive standard futures maker fee of 0.01% Offers up to 150x leverage on perpetual contracts Merkle-tree Proof of Reserves provides transparent solvency checks Built-in grid, martingale, and signal bots require no API setup
Cons	Does not accept retail traders or individual investor accounts Requires corporate counterparty clearing through distinct legal entities High leverage up to 1:1000 is restricted to unregulated jurisdictions	Standard contract taker fee of 0.06% is higher than major competitors Experienced a hot-wallet security incident in January 2025 Not available to US traders and lacks an EU MiCA license Requires mandatory identity verification to unlock full withdrawals
Best for	Brokers launching white-label crypto exchanges, Institutional desks needing multi-asset liquidity, Firms operating cTrader prop trading programs	High-leverage derivatives traders, Maker-order algorithmic bot users, Traders using automated copy strategies

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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