Swyftx Review 2021

Swyftx is an Australian, regulated cryptocurrency exchange with a range of DeFi services, including trading and lending.

Swyftx is broker that gives traders access to Cryptocurrency. Surprisingly, Swyftx does not support either of the enormously popular MetaTrader platforms (4 and 5).

In terms of features offered to traders, Swyftx has Demo Accounts but is missing Islamic Accounts, Social Trading, Signals and Auto Trading.

Cryptocurrency traders will have lots of options at Swyftx, with 275 different coins to trade: ZRX, 1INCH, AAVE, ACM, ADX, ELF, AERGO, DLT, AION, AST, AKRO, ALGO, TLM, ALPHA, AMB, FORTH, ANKR, APPC, ANT, ARDR, ARK, ARPA, ASR, AUDIO, REP, AUTO, AVAX, AXS, BADGER, BAL, BNT, BAND, BAT, BEL, BNB, BUSD, BTC, BCH, BCD, BTG, BTS, BTT, CDT, BLZ, AUCTION, BRD, BTCST, BZRX, ADA, CTSI, CELR, CELO, CTK, LINK, CHZ, CHR, CND, CVC, COCOS, COMP, CFX, COS, CTXC, ATOM, COTI, CRV, DASH, MANA, DCR, DEGO, DENT, YFII, DIA, DGB, DNT, DODO, DOGE, DREP, DUSK, EPS, EGLD, ENJ, EOS, ETH, ETC, ERN, EVX, FTM, BAR, FET, FIO, FLM, FLOW, FOR, FRONT, FTT, FUN, GVT, GTO, GTC, GO, GLM, GRS, GXS, HARD, ONE, HBAR, HNT, HIVE, HOT, ZEN, ICX, IDEX, RLC, INJ, ICP, IOST, IOTA, IOTX, IRIS, JST, JUV, KAVA, KEEP, KMD, KSM, KNC, LINA, LSK, LTC, LIT, LPT, LOOM, LRC, LTO, MFT, MKR, OM, MASK, MDX, MDT, MTL, MIR, MITH, MDA, MTH, MBL, ALICE, NANO, NAV, NEAR, NEBL, NAS, XEM, NEO, GAS, CKB, NBS, NXS, NKN, NU, NULS, NMR, ROSE, OAX, OCEAN, OMG, ONT, ONG, OXT, OGN, ORN, CAKE, PSG, PAXG, PAX, PERL, PERP, PHA, PNT, POA, DOT, POLS, MATIC, POLY, PPT, POWR, PUNDIX, QLC, QTUM, QNT, QSP, QKC, QUICK, RDN, RAMP, RVN, REEF, REN, REQ, RSR, XRP, RIF, SCRT, KEY, SRM, SHIB, SC, AGIX, SKL, SKY, SOL, SNM, STX, FIS, STPT, SNT, STEEM, XLM, STORJ, STMX, DATA, SUN, SUPER, SUSHI, SXP, SNX, SYS, WABI, TRB, LUNA, TVK, XTC, GRT, SAND, THETA, TFUEL, RUNE, TCT, TOMO, TORN, AVA, TRX, TROY, TRU, TUSD, TWT, UMA, UNFI, UNI, USDC, USDT, UTK, VET, XVS, XVG, VTHO, VIA, VIB, VIDT, VITE, VGX, WTC, WAN, WAVES, WRX, WPR, WING, WIN, WBTC, WNXM, YFI, YOYO, ZEC and ZIL.

Swyftx is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

Swyftx Summary

Swyftx is an Australian, regulated cryptocurrency exchange with a range of DeFi services, including trading and lending.

Ratings

30%
Trust
16%
Instruments
14%
Features
BonusNone
InstrumentsCrypto
Demo Account
Min. Deposit$30
Min. Trade$1
Regulated ByAUSTRAC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

Cryptocurrency Trading

Swyftx has more than 270 cryptocurrency tokens available for purchasing, borrowing and lending.

SpreadVariable
CoinsZRX, 1INCH, AAVE, ACM, ADX, ELF, AERGO, DLT, AION, AST, AKRO, ALGO, TLM, ALPHA, AMB, FORTH, ANKR, APPC, ANT, ARDR, ARK, ARPA, ASR, AUDIO, REP, AUTO, AVAX, AXS, BADGER, BAL, BNT, BAND, BAT, BEL, BNB, BUSD, BTC, BCH, BCD, BTG, BTS, BTT, CDT, BLZ, AUCTION, BRD, BTCST, BZRX, ADA, CTSI, CELR, CELO, CTK, LINK, CHZ, CHR, CND, CVC, COCOS, COMP, CFX, COS, CTXC, ATOM, COTI, CRV, DASH, MANA, DCR, DEGO, DENT, YFII, DIA, DGB, DNT, DODO, DOGE, DREP, DUSK, EPS, EGLD, ENJ, EOS, ETH, ETC, ERN, EVX, FTM, BAR, FET, FIO, FLM, FLOW, FOR, FRONT, FTT, FUN, GVT, GTO, GTC, GO, GLM, GRS, GXS, HARD, ONE, HBAR, HNT, HIVE, HOT, ZEN, ICX, IDEX, RLC, INJ, ICP, IOST, IOTA, IOTX, IRIS, JST, JUV, KAVA, KEEP, KMD, KSM, KNC, LINA, LSK, LTC, LIT, LPT, LOOM, LRC, LTO, MFT, MKR, OM, MASK, MDX, MDT, MTL, MIR, MITH, MDA, MTH, MBL, ALICE, NANO, NAV, NEAR, NEBL, NAS, XEM, NEO, GAS, CKB, NBS, NXS, NKN, NU, NULS, NMR, ROSE, OAX, OCEAN, OMG, ONT, ONG, OXT, OGN, ORN, CAKE, PSG, PAXG, PAX, PERL, PERP, PHA, PNT, POA, DOT, POLS, MATIC, POLY, PPT, POWR, PUNDIX, QLC, QTUM, QNT, QSP, QKC, QUICK, RDN, RAMP, RVN, REEF, REN, REQ, RSR, XRP, RIF, SCRT, KEY, SRM, SHIB, SC, AGIX, SKL, SKY, SOL, SNM, STX, FIS, STPT, SNT, STEEM, XLM, STORJ, STMX, DATA, SUN, SUPER, SUSHI, SXP, SNX, SYS, WABI, TRB, LUNA, TVK, XTC, GRT, SAND, THETA, TFUEL, RUNE, TCT, TOMO, TORN, AVA, TRX, TROY, TRU, TUSD, TWT, UMA, UNFI, UNI, USDC, USDT, UTK, VET, XVS, XVG, VTHO, VIA, VIB, VIDT, VITE, VGX, WTC, WAN, WAVES, WRX, WPR, WING, WIN, WBTC, WNXM, YFI, YOYO, ZEC, ZIL

Payment Methods

Swyftx accepts the following payment methods:

  • Bitcoin Payments
  • PayID
Risk Warning – Your capital is at risk

FAQ

Is Swyftx Safe?

In our review we gave Swyftx a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that Swyftx is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does Swyftx Accept PayPal?

No, Swyftx does not accept PayPal payments.

Is Swyftx Halal?

Probably not, as Swyftx does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

Is Swyftx Regulated?

Yes, Swyftx is regulated by AUSTRAC.

The fact that Swyftx is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.

Swyftx vs Other Brokers

If you want to compare Swyftx with other brokers, use the detailed comparisons below.

Swyftx vs
Swyftx is an Australian, regulated cryptocurrency exchange with a range of DeFi services, including trading and lending.