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Demo mode

Build confidence trading and investing with crypto

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AUSTRAC

Registered Crypto Exchange

Australian

Owned & Operated

410+

Crypto Assets for Trading

4.5/5

Rating on App store

Advantages of demo mode

Learn without risk

Experiment and build confidence in trading digital assets without risking your own capital.

Test strategies safely

Trade bundles, and adjust allocations to see what works best in real market conditions.

Test advanced tools

Learn how to use tools, interpret charts, and track portfolio performance.

Reduce emotional trading

Build discipline and gain confidence in your decision-making without wasting money.

Demo trading conditions may vary from live markets. Simulated performance is not a reliable indicator of future live trading results.

Practice trading risk-free with $10K demo cash

Create a free account

Create your Swyftx account by signing up and setting a password.

Fund your account

Turn on the Demo Mode toggle in your app menu.

Trade crypto

Practice trading with $10k in demo currency.

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Trial trading 410+ cryptocurrencies

Try trading Bitcoin, popular altcoins, or new listings. Practice buying, selling, and swapping while watching your portfolio evolve, all within a friendly and easy-to-use platform.

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Top Traded Assets

By total trade volume on Swyftx (24 hours)

Coin nameUSD price (24hr %)
BitcoinBTC
64,812.01+3.4%
EthereumETH
1,882.01+5.2%
XRPXRP
1.11+3.8%
SolanaSOL
77.76+3.4%
Stellar LumensXLM
0.18+3.1%
View more coins

Trade with clarity. Grow with confidence

Human Support for every trader

Get 24/7 local support, transparent fees and expert market analytics.

Powerful strategies, made easy

Execute intricate crypto strategies with an interface designed for clarity and ease.

Regulatory-first platform

We’re committed to upholding the highest standards for regulatory compliance and security.

Join 1.2 million users who already trust us with their assets

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Frequently asked questions

Still have more questions?

Learn more

Demo trading or ‘paper trading,’ is a type of cryptocurrency trading simulation, whereby users can buy and sell cryptocurrencies without financial risk. This is a feature on some cryptocurrency exchanges and crypto trading platforms that gives users an opportunity to understand and experience the cryptocurrency market without purchasing digital assets with real money. With a Swyftx demo account, you can afford to take risks and experiment with different trading strategies.

The cryptocurrency market has performed exceptionally well since its creation, however, it can be highly volatile at times. This means that there is a risk of losing money if trades are timed poorly. There are a number of ways to overcome this. For instance, dollar-cost averaging (DCA) reduces the impact of price volatility on purchases of financial assets.

Demo Mode, on the other hand, allows you to make trading mistakes without financial risk. This is a great way for beginner and intermediate traders who are looking to learn how to trade cryptocurrencies.

Crypto beginners typically find the Demo Mode extremely useful. Swyftx’s crypto demo account simulates real-world trading just without the financial risk.

All Swyftx crypto demo accounts will automatically be credited with $10,000 (USD) in artificial currency. We cannot add or remove funds from this balance. If you would like to reset your balance back to $10,000, you are able to do so by contacting our customer support team.

At this time, Demo mode is limited to the Spot platform only. Swyftx Derivative products are not included in the simulated environment.

‘Swyftx’ is a brand of Swyftx Pty Ltd (ABN 72 623 556 730, AFSL 568543). Swyftx’s spot cryptocurrency exchange services are not provided under Swyftx’s AFSL and are not issued, arranged, distributed or authorised by Eightcap Pty Ltd (ABN 73 139 495 944, AFSL 391441) (Eightcap), Web3 Loans Pty Ltd (ABN 48 668 516 952) or Web3 Ventures Pty Ltd trading as Block Earner (ABN 63 655 090 869, ACL 551024) (Block Earner). Derivative products are issued by Eightcap and distributed by Swyftx. Credit products are provided by Block Earner. Swyftx is an authorised credit representative of Block Earner (Credit Representative No 579667). 

The information on this website is general in nature and does not consider your objectives, financial situation or needs. You should consider whether this is suitable for you and your personal circumstances. Any statistics, price references, graphics or information on this page related to the performance of any asset, market or trading account are not indicative of current performance and should not be relied upon when making a decision to invest. This website is not targeted at the public, nor residents, of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful. Digital assets are volatile and carry high levels of risk, you may lose some or all of your investment. Derivative products are highly speculative and carry significant risk. Credit products are subject to lending criteria. Before making any decision about whether to acquire a product, you should read the applicable Terms of Service and, where relevant, the PDS, FSG, Credit Guide and TMD available on Swyftx’s website, as well as the respective product issuer’s website (if applicable).