Swyftx: licences, security, fees and reviews
Centralized exchange
In short
- Legal entity
- Swyftx Pty Ltd, ABN 72 623 556 730
- Fees
- Spot taker: 0.1% to 0.6% by 30-day volume, plus a spread (as of 31 October 2026)
- Risks and caveats
- Crypto balances are not insured and not covered by any compensation scheme; the account is not a bank deposit.
- Checked
- 31 October 2026
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Key facts
- Type
- Centralized exchange
- Operator
- Swyftx Pty Ltd (Australia, ABN 72 623 556 730); Swyftx NZ Limited for New Zealand residents
- Official site
- swyftx.com/au
Key facts checked on 31 October 2026 against official sources.
What is Swyftx
Swyftx is an Australian crypto exchange and broker headquartered in Brisbane, Queensland. It serves residents of Australia and New Zealand with spot buying and selling of 400+ crypto assets, plus leverage (CFDs issued by Eightcap), crypto-backed loans via Block Earner and an OTC desk.
Good to know
- Swyftx's spot crypto exchange services are not provided under its AFSL; derivatives are issued by Eightcap and credit products by Block Earner. ↗
- Swyftx describes itself as a crypto asset broker that may move customer crypto to third parties and external platforms to settle trades. ↗
- A spread is charged on top of the trading fee and is included in the displayed price. ↗
- The terms allow Swyftx, in certain circumstances, to hold customer assets in accounts or wallets where they are not segregated from its own. ↗
- New Zealand residents contract with Swyftx NZ Limited under local terms. ↗
- After buying Easy Crypto, Swyftx said the two would keep operating as separate platforms for now. ↗
Services
| Parameter | Details |
|---|---|
| Spot trading | Buy, sell and swap 400+ crypto assets with a tiered trading fee plus spread. |
| Derivatives | Leveraged CFDs issued by Eightcap and distributed by Swyftx. |
| Crypto-backed loans | AUD loans secured by crypto, provided by Block Earner (Swyftx is its credit representative). |
| Staking / Earn | Swyftx may stake customer crypto on native proof-of-stake protocols. |
| OTC | OTC desk for larger orders. |
| Loan amounts | Crypto-backed AUD loans from $2,000 up to $100K, secured by Bitcoin; personal accounts with an Australian bank account only. |
Licences and registrations
| Jurisdiction | Entity | Licence / registration | Regulator |
|---|---|---|---|
| Australia | Swyftx Pty Ltd | Registered Digital Currency Exchange provider with AUSTRAC (number not published on the page; company statement) | AUSTRAC |
| Australia | Swyftx Pty Ltd | Australian Financial Services Licence 568543; does not cover spot crypto exchange services (company statement) | Australian Securities and Investments Commission (ASIC) |
Security and audits
- Customer balances held 1:1 in a mix of hot and cold wallets (company statement).
- ISO 27001 information security certification.
- New Zealand fiat clearing funds are kept in segregated bank trust accounts.
- Swyftx says it uses multi-layered hot and cold storage with multi-party or multi-signature controls.
- Swyftx says it renewed its ISO 27001 certification after an audit by Best Practice Certification, a JAS-ANZ accredited body.
- Swyftx's facts page states it does no uninstructed lending of customer assets.
Security incidents
Further incidents are reported by third parties (press, incident databases) but are not confirmed in the company’s own channels, so they are not listed here.
Fees
| Parameter | Details |
|---|---|
| Spot taker | 0.1% to 0.6% by 30-day volume, plus a spread (as of 31 October 2026) |
| Deposits | AUD card deposits up to 2.4% (as of 31 October 2026) |
| Withdrawals | Crypto withdrawals: network fee only (as of 31 October 2026) |
Who can use it
- Verification: Sign-up requires identity verification with a driver's licence or passport.
- Only for residents of Australia or New Zealand; sanctioned persons are excluded.
History
| Date | Event |
|---|---|
| 2019 | Swyftx is founded in Australia, per its About page (its 2025 media release says it was launched in 2018). |
| 19 March 2025 | Swyftx acquires Easy Crypto Limited, the New Zealand crypto exchange. |
Risks and caveats
- Crypto balances are not insured and not covered by any compensation scheme; the account is not a bank deposit.
- In an insolvency, customers may be treated as unsecured creditors and may not recover funds in full.
- Customer assets may in some cases be held unsegregated from Swyftx's own assets and moved to third parties for settlement.
- AUSTRAC registration is an AML/CTF registration, not a licence for the spot exchange.
About the company
- Legal entity
- Swyftx Pty Ltd, ABN 72 623 556 730
- Founded
- Swyftx's sources differ: its About page says founded in 2019, while its 2025 media release on the Easy Crypto acquisition says it was launched in 2018
- Headquarters
- Brisbane, Queensland, Australia
- Founders
- Alex Harper and Angus Goldman (co-founders, executive directors)
- CEO
- Andrea Yuen
Official links
- Website: swyftx.com/au
- Fees: swyftx.com/au/fees-and-pricing
- Licences: swyftx.com/au/legal
- Terms of use: swyftx.com/au/terms-of-use
- Security: swyftx.com/au/security
- Facts: swyftx.com/au/facts
- Crypto-backed loans: swyftx.com/au/crypto-backed-loans
Questions and answers
Is Swyftx regulated?
Swyftx Pty Ltd says it is registered with AUSTRAC as a digital currency exchange provider and holds AFSL 568543, but its spot crypto exchange services are not provided under that licence.
Does Swyftx publish proof of reserves?
Swyftx states that it holds customer crypto 1:1 in hot and cold wallets; no public proof-of-reserves report or attestation is listed.
What are Swyftx's fees?
As of 31 October 2026 trading fees range from 0.1% to 0.6% by 30-day volume, plus a spread; crypto withdrawals cost only the network fee.
Is Swyftx available outside Australia?
Only residents of Australia and New Zealand can use it; New Zealand customers are served by Swyftx NZ Limited.
Sources
- Swyftx - About
- Swyftx - Security
- Swyftx - Fees and pricing
- Swyftx - Terms of use
- Swyftx - Legal information
- Swyftx - Facts (canonical company facts)
- Swyftx - Does Swyftx use cold storage?
- Swyftx blog - Swyftx renews and upgrades its ISO 27001 certification
- Swyftx media release - Swyftx acquires New Zealand's largest crypto exchange (Easy Crypto)
- Swyftx - Crypto-backed loans
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