Phemex Trading Fees + Up to 30% Cashback
VIP spot and futures rates on Phemex, maker vs taker fees compared by tier.
Sign up with our Phemex referral code, grab up to $5,000 welcome bonus + Trade Reclaim cashback on every trade.
Phemex
Pick a VIP level above to see requirements.
On every trade you pay fees twice. Once when you open, once when you close.
Normal Trading
With Trade Reclaim
Save $39,420 a year.
That's a fully loaded Tesla Model 3.
Calculated at 3 trades a day.
How to trade cheapest on Phemex
Stack every discount for the lowest possible Phemex fee.
Trade Reclaim gives you VIP tier savings without the volume.
Set up Phemex cashback in 2 steps
Sign up, paste your UID, and start earning. No API keys, no permissions, no access to your funds.
Sign up to Phemex
Create your Phemex account through our affiliate link. The referral code is automatically applied, so no manual entry is needed.
IJ8HQ8Enter your Phemex UID
Paste your public Phemex UID. We use it to match your trading volume to your Trade Reclaim account. We never ask for API keys, passwords, or access to your trading account.
This only works with a new Phemex account created via the link above. Existing accounts won't track cashback.
Phemex VIP tiers and rates
Every tier, what it takes to reach it, and your effective rate with Trade Reclaim cashback.
Phemex Futures Fees per VIP Tier
Phemex Spot Fees per VIP Tier
Frequently asked about Phemex
How much does Phemex charge in trading fees?
Phemex's spot fees are 0.10% maker and 0.10% taker on the standard tier. USDT Perpetual Futures sit at 0.010% maker and 0.060% taker (verified May 2026 from phemex.com).
Active traders climb Phemex's VIP tiers by monthly trading volume, asset balance, or vePT holdings to drop fees further.
Trade Reclaim returns 30% of Phemex fees as USDT cashback. That's the standard rate among partner exchanges; Bitunix and LeveX go to 35%, BitMart to 50%. Paying Phemex futures fees in PT adds another 10% off.
Phemex vs Bybit: which has lower trading fees?
Phemex's 0.010% maker beats Bybit's 0.020% on USDT Perpetual Futures, while Bybit's 0.055% taker edges Phemex's 0.060%. Spot fees match at 0.10% maker and 0.10% taker.
At higher VIP tiers Phemex pulls ahead on both maker and taker rates. Trade Reclaim returns 30% on both exchanges, identical.
Across all Trade Reclaim partners, BitMart leads cashback at 50%, Bitunix and LeveX at 35%, and Phemex, Bybit, OKX, Bitget, and Binance at 30%.
How can I reduce my Phemex trading fees?
Three stacked discounts reduce Phemex fees: Trade Reclaim's 30% cashback, Phemex's VIP tier program, and 10% PT-token fee discount.
Trade Reclaim's 30% cashback returns nearly a third of your trading fees as USDT, with no requirements.
Phemex VIP tiers reduce rates through monthly trading volume, asset balance, or vePT holdings. Holding vePT (locked PT) is the fastest path to higher tiers without chasing the full monthly volume.
Paying Phemex futures fees in PT adds another 10% off on top of the base rate.
What is the Phemex referral code on Trade Reclaim?
The best Phemex referral code is IJ8HQ8, returning 30% of every trading fee as cashback.
The code applies automatically when you sign up at Phemex through the Trade Reclaim affiliate link, so manual entry is unnecessary. Click the link, your Phemex account is registered with our system, and cashback flows to your Trade Reclaim balance from your first Phemex trade.
What are Phemex's VIP tier requirements?
Phemex VIP 1 starts at $8M monthly futures volume, $50K asset balance, or 32K vePT. Requirements per phemex.com/help-center/phemex-trading-fee-structure.
Higher tiers scale up to VIP 5 at $180M monthly volume, with each step roughly doubling the requirement.
Holding vePT (locked PT) is the fastest path to higher tiers without chasing the full monthly volume. The full Phemex VIP tier table is shown above on this page.
Does Phemex have a welcome bonus?
Phemex offers welcome bonuses on first deposits via affiliate links, plus 30% Trade Reclaim cashback on every trade.
The bonus is paid as Phemex Bonus credits that apply to your futures fees and margin requirements. The amount scales across deposit milestones and trading tasks.
Trade Reclaim cashback runs independently. On every Phemex trade you get 30% of your trading fees back as USDT cashback, on top of the Phemex welcome bonus.
How do I claim cashback on my Phemex trades?
Sign up at Phemex through the Trade Reclaim affiliate link, then enter your Phemex UID on Trade Reclaim.
From that moment every Phemex trade counts toward your Trade Reclaim cashback. Cashback accumulates live on your Trade Reclaim balance at 30% of every trading fee.
Once you have 20 USDT, request a payout from the dashboard and USDT lands in your wallet within 48 hours.
Is Phemex safe to use with Trade Reclaim cashback?
Yes, Trade Reclaim verifies your trading volume using only your public Phemex UID.
We never ask for private keys, passwords, or access to your trading account. Your funds and account security stay 100% with Phemex itself.
Does using Trade Reclaim affect my Phemex VIP level?
No, Trade Reclaim does not affect your Phemex VIP ranking.
Your trading volume on Phemex counts the exact same way toward Phemex's own VIP tiers. Trade Reclaim sits on top and returns 30% of the trading fees you have paid as cashback.
What is the minimum payout for Phemex cashback?
Trade Reclaim's minimum payout for Phemex cashback is 20 USDT, paid to your wallet within 48 hours of request.
Trade Reclaim cashback comes from our affiliate commission, not from your Phemex balance, so Phemex's own withdrawal rules do not apply here.
The Trade Reclaim balance fills up at 30% of every fee you pay on Phemex. Request the payout in the dashboard once you reach 20 USDT.
Phemex review: is Phemex legit and trustworthy?
Phemex, founded in 2019 by former Morgan Stanley engineers, operates from Singapore with around $1.5B in daily trading volume and 5M+ users (verified May 2026).
Most client assets sit in cold storage with no major security incidents on record.
Phemex stopped accepting US residents in 2024 to comply with derivative regulations, but remains fully accessible across most of Europe, Asia, Latin America, and the Middle East.
Trade Reclaim partners only with established exchanges that meet our integration standards, so Phemex cashback flows through the same verified affiliate pipeline as Bybit, OKX, and Binance.