Swyftx is an Australian cryptocurrency exchange offering 330+ products, with an impressive $27+ billion in trading volume. The brand is trusted by 600,000+ customers thanks to its competitive fee structure, ISO 27001 security protection and feature-rich trading app.
Upstox is an established Indian broker offering BSE, NSE and MCX stocks, alongside IPOs, mutual funds and futures. Registered with the Securities and Exchange Board of India (SEBI), this broker aims to offer affordable investment products to local clients, alongside powerful desktop and mobile platforms.
Comment by Reviewer
"Swyftx will appeal to new crypto traders looking to buy, sell, trade and lend popular tokens like Bitcoin. With Australian roots and support for AUD, it will serve Aussie traders particularly well."
"Upstox will be a top pick for experienced Indian stock traders looking for thousands of equities, flat fees and sophisticated tools. We particularly rate the advanced features of the proprietary platform, Upstox Pro."
Pros
Over 300 cryptocurrencies available, including popular coins like Bitcoin and Ethereum, as well as other altcoins
User-friendly mobile platform with real-time performance tracking, demo mode and a fully customizable dashboard
Regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a digital currency exchange provider
Several fiat funding methods accepted in AUD or NZD with no deposit charges
An option to set recurring deposits for automated cryptocurrency investments
ISO 27001 certification, 2FA/biometric logins and cold storage solutions
Transparent fee structure with spreads as low as 0.41%
You do not need to upload documents or photos
Transparent, flat pricing at INR 20 per order on stocks and no monthly maintenance charges
Fast and free funding methods via local bank transfer, Google Pay, cheque and more
2-in-1 joint demat and trading accounts available with pre-included stock Smartlists
Decent education centre with YouTube series for beginners plus free online trading courses
Refer and earn scheme offering perks including zero commissions on mutual funds
Charting provided by TradingView with 104 technical indicators for advanced stock analysis
Back office (BO) system to access trading history
Free options P&L calculator & strategy builder
Cons
Poor exchange rates may impact your deposits negatively if you don't transfer in AUD or NZD
Swyftx is currently only available to customers in Australia and New Zealand
You need to have a call with an operator to be able to withdraw your funds
Swyftx does not allow users to deposit or withdraw money using PayPal
Live chat response times are slower than many alternatives
Access a decent line-up of 330+ cryptocurrencies with low fees. Invest in popular token like Bitcoin, Ethereum, Tether and Ripple which can be bought, sold, transferred or stored on the broker's proprietary desktop and mobile platforms.
