Focusing on the issue that the phase consistency feature is deficient in detection of vascular center, a new retinal vessel segmentation algorithm based on hybrid phase feature was proposed. Firstly, an original retinal image was preprocessed. Secondly, every pixel was represented by a 4-D vector composed of Hessian matrix, Gabor transformation, Bar-selective Combination Of Shifted FIlter REsponses (B-COSFIRE) and phase feature. Finally, Support Vector Machine (SVM) was used for pixel classification to realize the segmentation of retinal vessels. Among the four features, phase feature was a new hybrid phase feature formed by phase consistency feature and Hessian matrix feature through wavelet fusion. This new phase feature not only preserves good vascular edge information by phase consistency feature, but also compensates for the deficient detection of vascular center by phase consistency feature. The average Accuracy (Acc) of the proposed algorithm evaluated on the Digital Retinal Images for Vessel Extraction (DRIVE) database is 0.9574, and the average Area Under receiver operating characteristic Curve (AUC) is 0.9702. In the experiment of using single feature for vessel extraction through pixel classification, compared with using phase consistency feature, using hybrid phase feature for vessel extraction improves the average Accuracy (Acc) from 0.9191 to 0.9478, the AUC from 0.9359 to 0.9702. The experimental results show that hybrid phase feature is more suitable for retinal vessel segmentation based on pixel classification than phase consistency feature.