Leverage Trading
Coming soon to Swyftx
We’re excited to share exclusively with you the upcoming launch of a highly-requested product – leverage trading.
To qualify for this program, you must qualify as a Wholesale Investor, meaning you need to meet one of the following requirements:
Additionally, you will also be required to complete an Asset Declaration Form, which must be signed by an authorised accountant, belonging to one of the prescribed Australian professional accounting bodies and returned to [email protected] with the subject line ‘Asset Declaration Form – Derivatives’.
If you meet the above criteria and are interested in applying, please click the link below to submit your application:
Get market exposure without handling storage or custody associated with owning crypto assets.
Increase your market exposure relative to your initial collateral.
Gain access to trading opportunities in rising or falling markets.
Speculate on price movements or hedge your position.
Frequently asked questions
What are CFDs?
CFDs, or Contracts for Difference, are leveraged financial instruments that allow you to speculate on price movements without actually owning the underlying asset. You can go long (buy) if you expect the price to rise or short (sell) if you expect it to fall.
For example, if you trade a Bitcoin CFD, you’re not actually buying Bitcoin itself. Instead, you’re entering into a contract where you profit if the price moves in your favour or incur a loss if it moves against you. When CFDS are leveraged, they allow you to control a larger position with less capital, but this also increases risk.
How is CFD trading different from spot trading?
Spot trading means buying and selling actual crypto assets – you own them and can hold, swap, or withdraw them.
CFD trading, however, lets you speculate on price movements without owning the underlying asset. CFDs can also be leveraged, allowing you to control a larger position with less capital, but this also increases risk.
Why are Swyftx’s CFD prices different from other platforms?
Our CFD prices come from an aggregated feed of multiple liquidity providers, ensuring competitive pricing. However, prices and spreads may vary between platforms due to differences in liquidity sources.
DISCLAIMER: Swyftx Pty Ltd (ACN 623 556 730) is a Corporate Authorised Representative (Representative number 001315018) of Eightcap Pty Ltd (ACN 139 495 944) (AFSL Number 391441). Access to any offerings is conditional upon your acceptance of additional terms issued by Swyftx, and those issued by Eightcap, which you should review carefully. Under this authorisation, Swyftx is authorised to provide general financial product advice in respect of derivative products to wholesale clients, which involve a higher degree of risk and complexity. Any financial product advice provided is general advice only and does not take into account your objectives, financial situation and needs. Services offered by Swyftx on its platform relating to spot (non-leveraged) cryptocurrency trading are not provided or authorised under Eightcap’s Australian Financial Services Licence. Eightcap is not responsible for Swyftx’s conduct when engaging in these activities.