Phemex Institution Client Program

Phemex's technology, liquidity, and global reach offer exclusive benefits to institutional clients from all over the world.

Institution Client Program

Institutional accounts that meet our trading volume requirements will receive significant discounts. The more you trade, the higher your VIP level and the better your discount.
30-day Total Volume (in USD)
-2.5 bps*
7.5 bps*
-2.5 bps*
7.25 bps*
≥15M    or    ≥5M + Maker volume≥65%
-2.5 bps*
7 bps*
≥100M    or    ≥15M + Maker volume≥65%
-2.5 bps*
6.75 bps*
≥300M    or    ≥100M + Maker volume≥65%
-2.5 bps*
6.5 bps*
≥750M    or    ≥300M + Maker volume≥65%
-2.5 bps*
6.25 bps*
≥1.5B    or    ≥750M + Maker volume≥70%
-2.5 bps*
6 bps*
≥1.5B + Maker volume≥70%
-2.5 bps*
5.75 bps*
*1 bps = 0.01%
1. VIP user’s daily transaction volume will be combined across main account and sub-accounts.
2. Main and sub-accounts share the same VIP Level each day.
3. User’s VIP Level for current day depends on that user’s total trading volume over the previous 30 days.
4. Rewards for Market Making: To encourage VIPs to provide liquidity, when maker volume ratio of the past 30-day trading volume meets requirements, VIP Level will get automatically upgraded.

Market Maker Program

Institutional accounts that are approved Phemex Market Makers will enjoy a variety of benefits as well.
Level Rate Limit Maker Taker
*1 bps = 0.01%
1. Higher rate limits per account based on tier levels. Up to 1000 requests/min.
2. Dedicated support team and group chat access.
3. Automatic placement in the VIP program with its corresponding trading fee discounts.
4. Additional periodic bonuses and discounts (announced separately).
1. Contract trading requirements apply to each trading account. Spot trading requirements apply to each UID.
2. Account must have minimal placement on each side of the order book for at least 70% of the time. Check the definitions of minimal placement for different symbols.
3. Both sides must have placement at the same time.
4. Must satisfy minimal market making volume requirements. Phemex evaluates this every 14 days.
5. Must satisfy minimal DMM score required for each tier. Phemex evaluates this every 14 days.
* Phemex takes snapshots of the order books every second.
Apply to Become a Phemex Institutional Client Now
*Main account
*Country or Region
Company Name
How did you hear about Phemex?
*Self Introduction
Note: You can also choose to apply by emailing or contacting your BD representative.