Phemex spot markets charge fees as a percentage of each filled order. The maker rate applies to limit orders that rest on the book; the taker rate applies when you execute against existing liquidity. Most retail traders pay taker rates on quick entries and exits.
Volume-based VIP tiers on Phemex can significantly reduce spot fees. Track your rolling 30-day volume and compare the next tier threshold — moving up one level often pays for itself within a few large trades.
Compare Phemex with alternatives using our side-by-side comparison tools or the rankings on our spot and futures hub pages. Even small fee differences compound for active traders and algorithmic strategies.