The invention relates to a performance and efficacy testing platform of a heat exchanger. The platform comprises a heat source part, a vapor source part, first and second mixers, an air source part, a shell-and-tube heat exchanger, first and second separators, a shell-and-tube type double-tube heat exchanger testing assembly, a condensation heat exchanger, a boiling heat exchanger, first and second water cooling devices and a steam condenser. The platform can test heat transfer properties and fluid flowing resistances of the shell-and-tube type heat exchanger, the double-tube heat exchangers, the condensation heat exchanger and the boiling heat exchanger respectively, does not occupy much space, reduces the production cost, satisfies practical measurement requirements and has good application and development prospects, and test data is stable and reliable.