Rankings

Every product we have tested, highest score first. Scores weigh fees, withdrawals, custody and security history before features.

4 reviews

017.8/10

Deribit review: the options exchange traders learn on, now owned by Coinbase

Deribit remains the deepest order book for Bitcoin and Ethereum options anywhere, and its fee caps protect traders from the runaway costs some rivals charge on far out-of-the-money…

Derivatives ExchangesBest for: Traders who already understand options and want the deepest BTC and ETH liquidity
Price
Free account; options and futures fees apply
Products
Options, futures, perpetuals, spot
Options fee
0.03% of underlying, capped at 12.5% of premium
026.9/10

BingX review: futures fees are cheap, but the 2024 hack is worth knowing first

BingX runs a genuinely cheap futures desk, with VIP 0 fees of 0.02 percent maker and 0.05 percent taker that undercut several larger exchanges, and its copy-trading leaderboard is more…

Derivatives ExchangesBest for: Futures traders who want low fees on a mid-sized offshore exchange and withdraw profits regularly
Price
Free; futures fees from 0.02%/0.05% maker/taker
Perpetual futures fees, VIP 0
0.02% maker / 0.05% taker
Fees, $15M+ 30-day volume
0.014% maker / 0.04% taker
036.5/10

Phemex review: mid-sized futures trading after a $73 million hot wallet hack

Phemex earns its keep on price: a 0.01% maker fee and a 0.06% taker fee undercut Binance, Bybit and OKX on the maker side, and the futures order book fills fast even in the small-cap pairs…

Derivatives ExchangesBest for: Experienced futures traders outside the US chasing the lowest maker fee who already manage counterparty risk elsewhere
Price
Free account; tiered futures fees
Futures maker fee
0.01% (base tier)
Futures taker fee
0.06% (base tier)
042.0/10

BitMEX review: the exchange that invented perpetual swaps just closed

BitMEX cannot be reviewed as a place to trade because it no longer is one: trading ceased on 23 September 2026 and the platform is being wound down. Its historical role inventing the…

Derivatives ExchangesBest for: No one: the exchange is closed and accepting no new trading activity
Price
Free account; tiered trading fees
Status
Closed, trading ceased 23 September 2026 at 04:00 UTC
Founded
2014, by Arthur Hayes, Ben Delo and Samuel Reed