SWFT Trade Review 2026

Logo SWFT Trade
Top Brokers Overview — United States
How we tested SWFT Trade

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Pros & Cons

  • Over 35,000 trading pairs are available for direct trade.
  • Mobile apps for iOS and Android devices.
  • A wide range of cryptocurrencies and access to cross-chain swaps.
  • Multi-layered security for all trades.
  • The platform does not offer features like margin trading, futures, or other complex financial instruments.
  • The quality of swaps and the availability of certain tokens depends on the connected centralized and decentralized exchanges.

SWFT Trade is a unique hybrid platform that combines the features of a centralized exchange and a cryptocurrency swap aggregator. Built on the SWFT Blockchain, it features its token, Swftcoin (SWFTC). The platform enables users to instantly swap, trade, pay, and share cryptocurrencies. Founded in 2017, the project attracted investment from Draper Dragon within a year. In 2019, SWFT Blockchain became part of the first Berkeley Blockchain Xcelerator program, solidifying its position within leading blockchain innovation ecosystems.

TU Expert Verdict

Editor at Cryptocurrency & Blockchain Department

SWFT Trade demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

SWFT Trade is a crypto exchange and swap aggregator offering over 800 cryptocurrencies, NFTs, and 35,000 trading pairs. It supports cross-chain swaps, web and mobile apps, API access, and TradingView charting. Security features include two-factor authentication, cold storage, and facial recognition.

However, a notable drawback is that SWFT Trade is unregulated and has no investor protection fund. It accepts crypto only, charges 0.2% spot fees above the industry average, and lacks margin trading, futures, copy trading, and a desktop app. Customer support has limited language coverage and no phone channel. The exchange may suit users seeking crypto swaps, but is less suitable for those prioritizing regulatory oversight, derivatives, or fiat funding.

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Crypto.com
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SWFT Trade User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company.
6 /10
3 total
  • 5-star
    0%
  • 4-star
    0%
  • 3-star
    100%
  • 2-star
    0%
  • 1-star
    0%
macfalane
1 year ago

I appreciate the wide selection of cryptocurrencies on SWFT Trade of over 800 assets, including popular ones like BTC and ETH. The platform charges a minimal 0.2% fee for all clients, while SWFTC token holders enjoy a reduced rate of 0.1%. Transactions are instant, which is especially convenient for transferring assets between blockchains. The only downside is the lack of margin trading or staking. Otherwise, the platform is great for cryptocurrency management and exchanges.

jenny27
1 year ago

I’ve been using SWFT Trade for a few months. I like that it supports cross-chain swaps between popular blockchains like Polygon and Arbitrum. The minimum deposit is just 0.01 USDT, enabling me to start trading with small amounts. The mobile app runs smoothly, and the interface is user-friendly, even for beginners. It’s a shame the platform doesn’t have an affiliate program, but for quick swaps and asset management, it works well, especially when speed and reliability matter.

mafiaitali
1 year ago

I use SWFT Trade because it supports over 35,000 trading pairs, including rare tokens. The mobile app allows me to make trades on the go, and the fast execution speed is great for active trading. With a 0.2% fee, trades are cost-efficient, though withdrawal fees depend on network charges, which can sometimes increase expenses. The lack of passive income programs is disappointing, but the wide selection of cryptocurrencies makes it my go-to for active trading.

  • SWFT Trade Commissions and Fees

    Score:
    This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
    5.8 /10

    SWFT Trade received a 5.8/10 score for its trading fees. While SWFT Trade is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

    • No deposit fee
    • Spot fee above industry average

    What are SWFT Trade trading fees?

    We analyzed SWFT Trade’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

    SWFT Trade trading fees vs competitors

    SWFT Trade Nexus Trade CoinMetro Industry average Based on the evaluation of over 100 leading crypto exchanges
    Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders. 0.2 0.22 0.1 0.15
    Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price. 0.2 0.22 0.2 0.194

    What are SWFT Trade deposit and withdrawal fees?

    Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1. 0
    Withdrawal fee, % Network fees

    Does SWFT Trade offer P2P trading?

    No, SWFT Trade does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.

  • Regulation and Safety

    Score:
    Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
    5 /10

    With a 5/10 score, SWFT Trade demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.

    • Facial recognition
    • 2FA
    • No successful hacks history
    • Cold wallet storage
    • Not government-regulated
    • Not U.S regulated
    • No investor protection fund

    We also compared SWFT Trade against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

    SWFT Trade Security Factors
    SWFT Trade Coinbase Kraken
    Tier-1 regulation
    No
    Yes
    Yes
    Government-regulated
    No
    Yes
    Yes
    Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.
    No
    Yes
    No
    2FA
    Yes
    Yes
    Yes
    Facial recognition
    Yes
    No
    No
    Cold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks.
    Yes
    Yes
    Yes
    Successful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record.
    No
    Yes
    No

    Is SWFT Trade a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.

    SWFT Trade is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean SWFT Trade is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.

    Is verification (KYC) mandatory at SWFT Trade?

    KYC verification is not mandatory for opening an account and trading at SWFT Trade. However, unverified accounts have certain limitations, such as lower withdrawal limits and restricted access to certain features.

    Is SWFT Trade available in the USA?

    SWFT Trade is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.

    You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Coinbase, Kraken, OKX .

  • Deposit and Withdrawal

    Score:
    We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
    4.5 /10

    SWFT Trade received a 4.5/10 rating for its deposit and withdrawal services. SWFT Trade offers limited funding options and may charge fees, which could be inconvenient for many users.

    • Many cryptocurrencies for deposits and withdrawals
    • No deposit fees
    • Google Pay supported
    • No P2P transfer option
    • Bank transfers not available

    Deposit and withdrawal options

    SWFT Trade supports the following deposit and withdrawal options: Crypto, Google Pay, Apple Pay.

    SWFT Trade Deposit and withdrawal options vs competitors

    SWFT Trade Coinbase Kraken
    Bank transfers
    No
    Yes
    Yes
    Bank card
    No
    Yes
    Yes
    Crypto
    Yes
    Yes
    Yes
    PayPal
    No
    Yes
    Yes

    What is SWFT Trade minimum deposit?

    The minimum deposit at SWFT Trade is 1 USD/USDT or 1 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

    SWFT Trade minimum deposit vs competitors

    SWFT Trade Coinbase Kraken
    Minimum deposit, USD or USDT 1 10 10
    Minimum deposit, BTC 1 1 1
    Minimum trade amount, USD/USDT 1 2 1

    Does SWFT Trade support fiat money?

    SWFT Trade does not support fiat currencies; only cryptocurrencies are accepted.

  • Supported Coins & Markets

    Score:
    Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.
    3.5 /10

    SWFT Trade received a score of 3.5/10 in this category, indicating a modest offering of assets and markets. While SWFT Trade covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.

    • Staking available
    • NFTs available
    • Crypto options not available
    • Prediction markets are not supported

    SWFT Trade supported coins and markets vs competitors

    We compared SWFT Trade with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

    SWFT Trade Coinbase Kraken
    Supported coins 300 400+ 400+
    Futures/Perpetual contracts
    No
    Yes
    Yes
    Options
    No
    No
    No
    NFTs
    Yes
    Yes
    Yes
    Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.
    No
    Yes
    Yes
    TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.
    No
    Yes
    Yes
    Prediction Markets Markets where users trade contracts based on the outcomes of future events.
    No
    No
    No
    Other Assets
    No
    Pre-IPO Forex, IPO

    SWFT Trade passive income options vs competitors

    We also compared SWFT Trade with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

    SWFT Trade Coinbase Kraken
    Staking
    Yes
    Yes
    Yes
    Yield farming
    No
    Yes
    Yes
    Copy trading
    No
    No
    Yes
  • Trading Apps & Tools

    Score:
    This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn more in our Methodology.
    7.5 /10

    SWFT Trade received a score of 7.5/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.

    • Android app score 4.5
    • Advanced tools and automation with API
    • Positive user feedback on the iOS app
    • Fast and secure login with Face ID
    • No standalone desktop access
    • Advanced orders not available
    • No access to Copy Trading

    Trading apps

    SWFT Trade provides web and mobile apps for both Android and iOS users, with an average rating of 5 on the App Store and 4.5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the SWFT Trade platform is for mobile use.

    SWFT Trade Coinbase Kraken
    2FA
    Yes
    Yes
    Yes
    Face ID
    Yes
    No
    No
    Mob Indicators
    Yes
    Yes
    Yes
    Alerts
    No
    Yes
    Yes
    Advanced Orders These are specialized trading features that give users more precise control over how trades are executed. Examples include Stop-Limit, Trailing Stop, and OCO (One Cancels the Other). These tools may only be available on the web version of the platform.
    No
    Yes
    Yes
    Trading with bots
    No
    No
    No
    API
    Yes
    Yes
    Yes
    Extra trading platforms These refer to third-party platforms supported by the crypto exchange in addition to its own proprietary system.
    No
    No
    No

    Does SWFT Trade offer a desktop app?

    No, SWFT Trade does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.

    Does SWFT Trade offer advanced charting with TradingView integration?

    Yes, SWFT Trade offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.

  • Customer Support

    Score:
    We evaluated Customer Support at SWFT Trade based on the availability of live chat, email, phone support, ticket systems, help center resources, 24/7 assistance, multilingual support, and response time. Our assessment focuses on support accessibility and responsiveness. Learn the assessment criteria
    3 /10

    SWFT Trade provides below-average customer support, with noticeable limitations in communication channels, service availability, or additional assistance resources.

    During TU testing, the exchange received a relatively low score for support accessibility and responsiveness. Users may face difficulties obtaining timely assistance with account access, deposits, withdrawals, or trading-related issues.

    • 24/7 customer support available
    • Live chat support available
    • Comprehensive help center available
    • Phone support unavailable
    • Limited language support

    SWFT Trade Support Channels vs Competitors

    SWFT Trade Coinbase Kraken
    Live Chat
    Yes
    Yes
    Yes
    Email Support
    Yes
    No
    No
    Phone Support
    No
    No
    No
    Ticket System
    Yes
    Yes
    Yes
    24/7 Support
    Yes
    Yes
    Yes
    Help Center / FAQ
    Yes
    Yes
    Yes
    Multilingual Support
    No
    Yes
    Yes
    Contacts
    Official site https://www.swft.pro/#/

Best SWFT Trade Alternatives

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Coinbase
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.5%
Coins
Coins Supported
400+
Kraken
Logo Kraken
Kraken
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+
OKX
Logo OKX
OKX
8.4 /10
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Spot fee rate, Maker fee
0.08%
Coins
Coins Supported
600+
BTCC
Logo BTCC
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8.4 /10
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Spot fee rate, Maker fee
0.2%
Coins
Coins Supported
399
Crypto.com
Logo Crypto.com
Crypto.com
8 /10
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Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+

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