🚨🚨🚨 THIEVING CRIMINALS WHO WILL…
🚨🚨🚨 THIEVING CRIMINALS WHO WILL LITERALLY STEAL FUNDS FROM YOUR ACTIVE POSITIONS & ACCOUNT WHILE YOU’RE USING THE PLATFORM 🚨🚨🚨
Phemex is the fastest Bitcoin futures trading platform, founded by 8 Ex-Morgan Stanley Executives. No overload, no downtime. We provide 24/7 hours customer service support.
Phemex (phemex.com) has a 2.1 out of 5 rating on OK.one, based on 217 user reviews collected here. It is listed under Money & Insurance and its reputation is poor. 68% of reviews are 1 star, a relatively high share; The business has replied to 78% of negative reviews; 29 of them were added in the last 12 months. Last updated 2026-10-24.
🚨🚨🚨 THIEVING CRIMINALS WHO WILL LITERALLY STEAL FUNDS FROM YOUR ACTIVE POSITIONS & ACCOUNT WHILE YOU’RE USING THE PLATFORM 🚨🚨🚨
They blocked my account without justification!!! A week ago my account was frozen, they won't let me make transactions or withdraw my funds, they didn't give me information as to why it was like that, they asked me for additional information and they don't give me an answer!
90 percent scam . in chat said . no head quart aviable
Dear Phemexer, Thank you for your kind words. We're glad to hear that Lucy was able to help you. We’ll make sure she sees your appreciation. If you ever need anything else, we’re here for you. Best regards, Phemex Support Team
Been locked out of my account and emailed support 7 times over 3 months for help with 2fa unbind procedures and zero response or replies. My Bitcoin & ETH locked up forever apparently and they’ve just decided more profitable to keep it. Users BEWARE!!!!!
Dear Phemexer, We’re very sorry to hear about the difficulties you’ve experienced with accessing your account and the lack of response so far. This is not the level of service we strive to provide. Please send your registered email address or user ID directly to [email protected] so we can urgently review your case and assist you with the 2FA unbinding process. We take your concerns seriously and are committed to helping you regain access to your funds as quickly as possible. Thank you for your patience. Sincerely, Phemex Support Team
Well right now I’m in a battle to keep my funds . I was grossly misinformed about a financial situation or questions before making my credit restoration fee back in October. I have a record of it and it was about as pacific as you can get . I ask after I pay this fee that my withdrawal of funds will go through without paying anymore FEES, fins and Taxes since I already paid it . The response was almost immediate . “ you are correct “ with was grossly wrong. The financial department came back saying I have to pay an exchange fee of 38k . Now not only am I in shock because I’ve already paid over $200 k already. lol I don’t anyone who has that much $ in their accounts to begin with . When I confronted customer service with this and a screenshot of it Mia the head of customer services said “ your financial situation is not our problem “ which is terrible customer service in my opinion. I feel that I deserve better because I’ve cooperated with you guys even through the accusations of Insider Trading witch I had no idea it was or happened because I’m a first timer and was trading with friend that had been trading with you for 6 years . Idk what to do but I thought I would try this instead of customer service because I feel they are running away from the fact. I’ve also filed a report with the FTC on this snd been told to file either SEC . I’ve been told to try this first to hopefully resolve this issue .
Dear User, We are truly sorry to hear about your experience, and we understand how distressing and frustrating this situation must be. Please allow us to clarify: Phemex does not require users to pay any additional "exchange fees," "credit restoration fees," or "taxes" in order to process withdrawals. Any such requests are not in line with our official procedures and may indicate you are being targeted by a third-party scam not affiliated with our platform. We strongly urge you not to make any further payments and to contact our official support team immediately at [email protected]. Kindly include all relevant details and any supporting documentation (such as screenshots), so our team can properly investigate and assist you. We support your decision to report this matter to the appropriate authorities, and we are committed to cooperating fully to help resolve this issue. Thank you for bringing this to our attention, and we hope to clarify the matter as quickly as possible. Sincerely, Phemex Support Team
Good experience, fast connect and response to a real support guy, who could solve the issue.
Dear Marcus, Thank you for the great feedback! We're happy to hear that you had a smooth experience and got quick help from our support team. It’s great to know your issue was resolved efficiently. If you ever need anything else, feel free to reach out, we’re always here to help. Best regards, Phemex Support Team
Poor customer service, Handling time is ridiculous 3 weeks. Not recommended
Dear Tarek EL-Khatib, We sincerely apologize for the delay you’ve experienced — three weeks is far from the level of service we aim to provide. We understand how frustrating this must be and appreciate you bringing it to our attention. If your issue is still unresolved, please contact us at [email protected] with your user ID or registered email so we can prioritize and assist you right away. Thank you for your patience, and we’re committed to doing better. Best regards, Phemex Support Team
withdrawal is a struggle, even trading is a struggle, what's the point of having a site like this? The name in my profile photo is available, if you have withdrawal issues they'll get your money out.
Dear Ian, We’re sorry to hear about your experience and truly understand your frustration. Trading and withdrawals should be smooth, and it’s concerning to hear that this hasn’t been the case for you. We’d love the chance to look into your account and help resolve these issues as quickly as possible. Please reach out to us at [email protected] with your user ID or registered email so we can assist you directly. Your feedback matters, and we’re committed to improving your experience. Best regards, Phemex Support Team
I joined Phemex with the goal of learning how to trade. After some time, I noticed something strange: the Estimated PnL (profit/loss display) wasn’t accurate. For example, the platform showed me +€127, but in reality, I lost money. I closed trades thinking I was in profit – but I wasn’t. I provided everything to support: Screenshots Videos A specific trade ID from my history I was able to prove multiple false PnL displays. Phemex support acknowledged in writing that it was an algorithm error – but they claimed it was an isolated issue affecting only my account. Whether that’s credible, everyone can decide for themselves. Personally, I find it very unlikely that a technical error like this only affects one user – and then is later dismissed as a "design feature." As a “solution”, I was offered a 50 USDT bonus, later increased to 100 USDT – for a total loss of over €6,800 on the platform. My trading fees alone exceeded €4,000, but Phemex was never able or willing to explain how that amount was calculated. Then the unbelievable happened: The so-called “fixed” error occurred again – and I captured it on video once more. After that, Phemex denied the error entirely, and told me something along the lines of: "We’re not based in the EU – if you don’t like it, go ahead and sue us." Conclusion -False PnL display caused real financial damage -Support was initially helpful, then evasive and dismissive -Responsibility was dodged instead of accepted My advice: Never blindly trust PnL numbers on Phemex – and don’t count on real help if something goes wrong.
Dear Eric, Thank you for sharing your experience with us, and we’re deeply sorry to hear about the issues you’ve faced. We completely understand how frustrating it must be to experience inaccurate profit/loss displays, and we sincerely apologize for any financial loss and confusion caused by this situation. We take all technical errors seriously and are committed to resolving them. While it was stated that the issue was isolated to your account, we understand your concerns and want to assure you that we are continuously working to improve our platform and address such matters. We deeply regret that the support process didn’t meet your expectations, and we take your feedback to heart. We’ll continue to review our support processes to ensure they are more helpful and transparent moving forward. If you would like to further discuss this, we encourage you to reach out to us directly with your registered email address or user ID. Please contact us at [email protected], and we’ll do everything we can to assist you. We truly appreciate your patience and feedback as we work to improve. The Phemex Team
So when you successfully add 2FA for security Phemex then kindly restrict withdrawal for 24hrs yet you can't withdraw funds unless 2FA is activated.....just another crooked platform keeping hold of your funds for their gain or their lack of funds no wonder withmplatforms.like this crypto has such a bad reputation. Do yourselves a favour do not use Phemex
Dear Gary, Thank you for sharing your concerns, and we’re sorry to hear about your experience. We understand how frustrating it can be when there are restrictions on withdrawals, especially after successfully setting up 2FA for added security. The 24-hour withdrawal restriction is a security measure to protect your account after enabling 2FA, and we apologize for any inconvenience this may have caused. We take your feedback seriously, and we want to ensure that your funds are secure and accessible. If you're still having issues, please provide your registered email address or user ID so we can investigate and resolve the matter promptly. Feel free to reach out directly at [email protected], and we'll do everything we can to assist you. We appreciate your patience. The Phemex Team
phemex is a scam dont use - slow charts, slow execution of trades and high fees will leave you working twice as hard . its hurts so bad to put in the work reading charts checking different platforms keeping up with the latest news what ever you do to pick find your trades. get a good entry price go threw emotions of price going up and down then final get to being in profit cash out but on;y receive 1/3 of profit from your pnl wtf its happen
Dear User, Thank you for sharing your feedback, and we are truly sorry to hear about your negative experience. We understand how frustrating it can be to face issues with slow charts, execution, and unexpected fee deductions, especially after putting in the time and effort to analyze and trade. We take these concerns very seriously and want to ensure a fair and smooth experience for all our users. Could you please provide us with your registered email address or user ID so we can investigate the details of your case further and offer a resolution? Feel free to reach out to us at [email protected], and we’ll do everything we can to assist you. We appreciate your patience as we work to improve our platform. The Phemex Team
Complain to the name of my display picture for help of your funds from scam
Dear Sherry, Thank you for sharing your feedback. We are very sorry to hear about your experience and understand the frustration caused by issues related to your funds. We take these matters very seriously and are committed to ensuring the safety and security of all our users. Could you please provide us with your registered email address or user ID so we can look into your case and offer further assistance? We want to resolve this issue as soon as possible and make sure your concerns are addressed. Please feel free to reach out to us directly at [email protected], and we will do everything we can to help. We truly appreciate your patience. The Phemex Team
I used to enjoy the platform until they held my funds due to "security reason" even though it was from a wallet I have used multiple time before! It has been a month and I'm still waiting for funds to be returned and they won't tell me when I'll receive, this is unacceptable.
Dear User, Thank you for sharing your feedback, and we’re truly sorry to hear about your experience. We completely understand how frustrating it must be to have your funds held, especially when they are from a wallet you have used multiple times before. We sincerely apologize for any inconvenience this has caused. We take security matters very seriously and work to ensure the safety of all users’ funds. However, we understand that waiting for a resolution can be distressing. Could you please provide your registered email address or user ID so we can investigate your case further and give you an update on the status of your funds? We’re committed to resolving this issue as quickly as possible. Feel free to reach out to us directly at [email protected], and we’ll do everything we can to assist you. Again, we’re sorry for any frustration this has caused, and we appreciate your patience as we work to resolve this. The Phemex Team
great and nice trading platform, support always very helpful and fast
Dear User, Thank you for your kind words! We’re thrilled to hear that you’re happy with our trading platform and that our support team has been helpful and fast. We always strive to provide quick and efficient assistance. If you ever need further help or have any suggestions, don’t hesitate to reach out. We’re always here to assist you! Best regards, Phemex Support Team
I lost 30k with this platform. When you have a platform that charges high slippage fees, it is impossible to profit on a small timeframe or even scalping. Crypto is highly volitile asset and you need a longer time until you can profit but it is impossible when the price action swings with unpreditability in which scalping was the correct action to take. And get this, the price does not even match with Trading View. So, there is possibility that their employees are manipulating the market and have their own individual charts programmed for just their users to take their money. Cypto trading is not what it used to be as they are institutionalized. BEWARE NOT ALL BROKERS ARE NOT GOOD AND THEY PROFIT BY TAKING YOUR MONEY!!! #MTGOXEvolved
Hi, RL. We sincerely apologize for the frustration you have experienced and for any inconvenience caused. We understand your concerns regarding trading on our platform. Unfortunately, we are unable to address your case here due to insufficient information. Kindly reach out to us directly at [email protected] and we will respond promptly. Once again, we sincerely apologize for any inconvenience caused, and we are here to assist you in resolving this issue.
Asked for chart feature to be fixed. Customer service was great in assisting with request.
Dear User, Thank you for your kind words! We're delighted to hear that our customer service team was able to assist you with your request. Your feedback motivates us to keep providing the best support possible. If you ever need further assistance or have more suggestions, feel free to reach out. We're always happy to help! Best regards, Phemex Support Team
I transferred crypto to my sons account, all data verified as correct and it never arrived !!!
Dear User, We understand how concerning this situation must be, and we sincerely apologize for any inconvenience. If the transaction details were correct but the funds haven't arrived, we’d like to investigate this further for you. Could you please provide the transaction ID (TXID) and your son's registered email or user ID? This will allow us to check the status and assist you accordingly. You can also reach our support team directly at [email protected] for further assistance. We appreciate your patience and will do our best to resolve this as soon as possible. Best regards, Phemex Support Team
217 reviews matching