Alternatives to Swyftx
Swyftx is an Australian-owned crypto exchange known for its 320+ coins, auto-invest features, SMSF support, and zero minimum deposit. It's a solid all-rounder for crypto-only investors. But you might want an alternative if you're after share trading (ASX or US), lower trading fees on specific coins, advanced trading tools like options or futures, or a platform with a different ownership model. We've lined up 7 alternatives that each offer something Swyftx doesn't — from CHESS-sponsored share trading to high-leverage derivatives.
Adds CHESS-sponsored ASX trading from $1 and zero-commission US shares — Swyftx doesn't offer shares at all.
- ASX brokerage minimum
- $1
- ASX ETFs supported
- Yes(Swyftx: No)
- CHESS sponsorship model
- chess
Strong global reputation with advanced trading features and competitive fees on a wider range of crypto pairs.
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Offers derivatives and futures trading with leverage up to 100x, which Swyftx doesn't support.
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Lower trading fee at 0.01% compared to Swyftx's typical spread-based pricing for frequent traders.
- ASX ETFs supported
- No
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Personal broker-assisted service from $500 minimum — good for high-net-worth investors wanting a dedicated advisor.
- ASX ETFs supported
- No
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Supports crypto options and CFD trading for advanced strategies not available on Swyftx.
- ASX ETFs supported
- No
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Australian-regulated exchange with a strong focus on security and transparent AUD deposit options.
- Auto-invest / DCA
- Yes
- Monthly platform fee
- $0/month
Common questions
What are the main reasons to switch from Swyftx?
Common reasons include wanting access to share trading (ASX or US stocks), lower trading fees on high-volume orders, advanced trading tools like futures or options, or a platform with a different fee model such as fixed percentage rather than spread-based pricing.
Are there cheaper crypto exchanges than Swyftx in Australia?
Yes, several Australian crypto exchanges offer lower trading fees. Some charge a flat percentage as low as 0.01% per trade, compared to Swyftx's spread-based model. The best option depends on your trading volume and the specific coins you want to buy.
Can I trade both crypto and shares on one platform instead of using Swyftx?
Some platforms let you trade both crypto and shares from a single account. These are typically multi-asset brokers rather than pure crypto exchanges. They may offer ASX and US shares alongside crypto, though the crypto selection is usually smaller than Swyftx's 320+ coins.
Does Swyftx support SMSF accounts and what are the alternatives?
Swyftx does support SMSF accounts. Several other Australian crypto exchanges also offer SMSF-compatible accounts, often with similar features like auto-invest. When comparing, look at the fee structure, coin selection, and whether the platform provides the reporting tools your SMSF auditor requires.