According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Proprietary platform
- Loads of crypto-crypto and crypto-fiat pairs, a convenient and functional trading terminal, investment programs for business, a referral program is possible on individual terms
Our Evaluation of Independent Reserve
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Independent Reserve is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.48 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Independent Reserve clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The Independent Reserve cryptocurrency exchange offers favorable conditions for exchange and over-the-counter cryptocurrency trading. The company has its proprietary trading terminal with cutting-edge functionality (including auto-trading based on adaptive strategies and a tax reporting calculator). It is feasible to trade cryptocurrency-backed securities through super funds. Asset insurance is available for premium accounts. The exchange offers investment solutions for businesses and a standard affiliate program — the fees of which are among the lowest in the segment.
Brief Look at Independent Reserve
The Independent Reserve cryptocurrency exchange offers a vast array of opportunities for making money on cryptocurrency. The site provides margin and OTC trading of Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and tons of other cryptocurrencies. The exchange has its proprietary trading terminal with an integrated AutoTrader function, which allows you to automatically trade sticking to your selected strategy. The platform allows to buy, sell, and insure cryptocurrency through self-managed super funds (SMSF). Also, flexible investment programs are available for business representatives. The site offers a profitable referral program with discounts and rewards. There is a knowledge base for novice traders. Finally, trading fees are below the market average.
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- free-of-charge multicurrency e-wallet, all major deposit and withdrawal options are at your disposal;
- dozens of popular cryptocurrencies and Australian, New Zealand, Singapore, and US fiats;
- a profitable affiliate program with payments for referrals;
- integrated AutoTrader solution for automated trading;
- trading cryptocurrencies through self-managed super funds;
- business investment solutions;
- premium accounts with insurance and tax advisors;
- top-notch account security;
- low fees from 0.02% to 0.5% for the maker and taker, respectively.
- no mobile trading;
- there are no investment offers for private traders;
- technical support is available only through the website.
TU Expert Advice
Financial expert and analyst at Traders Union
Independent Reserve was founded in 2013 and is headquartered in Sydney. Its official license number is: (ABN registration number 46 164 257 069). The exchange is a member of Blockchain Australia, an official partner of Iress and Bloomberg. In the entire history of the platform, not a single case of fraud, unresolved conflict, or failure to fulfill obligations to customers has been registered.
The site has a proprietary trading terminal that was developed completely from scratch and has several levels of software protection, including a progressive encryption system. Storage of user funds employs the cold storage method. The trading terminal has only a web version and runs in a browser.
A multi-currency wallet is integrated into the user's account, where, in addition to cryptocurrencies, you can store fiat funds. There are also loads of financial instruments, including an extension for generating tax reports.
In addition to the exchange, OTC trading is presented, and deposits in securities are backed by cryptocurrencies, with the possibility of insurance. There is an investment program (not available to individuals) and a standard referral program.
Some drawbacks are no call center, no demo accounts, and no extended training programs. The Independent Reserve exchange can be recommended for cooperation for beginners and up-to-snuff traders.
Independent Reserve Summary
| 💻 Trading platform: | Proprietary |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptos, currencies |
| 💵 Deposit / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:1 |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0,5%-0,5% |
| 🔧 Instruments: | 33 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | No |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market |
| ⭐ Trading features: | Loads of crypto-crypto and crypto-fiat pairs, a convenient and functional trading terminal, investment programs for business, a referral program is possible on individual terms |
| 🎁 Contests and bonuses: | Not indicated |
The Independent Reserve cryptocurrency exchange does not set minimum deposit limits. Registration on the site is free of charge. After that, the trader determines how much money and in what way to enter to make transactions. Bank accounts, cards, other cryptocurrencies, as well as electronic wallets are available for deposits and withdrawals. Leverage is not provided for margin trading on the exchange. You can contact the technical support service through the "Contact" option in the "Support" section. You can also get a response from technical specialists through the company's accounts on Reddit, Facebook, Twitter, and LinkedIn.
Independent Reserve Key Parameters Evaluation
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Regulation and safety
Independent Reserve has earned a rating of 9.75/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- 2FA
- Cold wallet storage
- Government-regulated
- No successful hacks history
- Tier-1 regulation
- No facial recognition
- Not U.S regulated
- No investor protection fund
Independent Reserve Security Factors
We also compared Independent Reserve against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Independent Reserve | OKX | Kraken | |
| Tier-1 regulation | Yes | No | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Independent Reserve a regulated crypto exchange?
Independent Reserve is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
Independent Reserve is authorized or licensed in accordance with local regulations in the following regions: AUSTRAC in Australia, .
Is verification (KYC) mandatory at Independent Reserve?
Yes, KYC verification is mandatory at Independent Reserve. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Independent Reserve available?
Independent Reserve complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: India, Nigeria, Malaysia, South Africa, Pakistan, Philippines, Israel, Cyprus, Latvia, Romania, Indonesia, Kenya, UAE, Iran, Islamic republic, Turkey, Bangladesh, Thailand, Egypt, Sri Lanka, Saudi Arabia, Brazil, Vietnam, Czech Republic, Greece, Uganda, Ghana, Morocco, Bulgaria, Algeria, Azerbaijan, Estonia, Argentina, Peru, Chile, China, Mexico, Kazakhstan, Uzbekistan, Colombia, Moldova, Kyrgyzstan, Venezuela, Lithuania, Georgia, Tajikistan, Armenia, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Independent Reserve support.
Is Independent Reserve available in the USA?
Yes, Independent Reserve is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
Independent Reserve commissions and fees
Independent Reserve received a 5.2/10 score for its trading fees. While Independent Reserve is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Spot fee above industry average
- Withdrawal fee may be applied
- P2P fee applied
What are Independent Reserve trading fees?
We analyzed Independent Reserve’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.
Independent Reserve trading fees vs competitors
| Independent Reserve | Nexus Trade | Paxful | Industry average | |
| Spot, maker fee (%) | 0,5 | 0,22 | 0 | 0.15 |
| Spot, taker fee (%) | 0,5 | 0,22 | 0 | 0.194 |
What are Independent Reserve deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,0003 BTC 0,005 ETH |
Does Independent Reserve offer P2P trading?
No, Independent Reserve 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.
Deposit and withdrawal
Independent Reserve received a 4/10 rating for its deposit and withdrawal services. Independent Reserve offers limited funding options and may charge fees, which could be inconvenient for many users.
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- Bank transfers for deposits and withdrawals
- No Google Pay option
- No P2P transfer option
- No support for bank card payments
Deposit and withdrawal options
Independent Reserve supports the following deposit and withdrawal options: Bank transfers, Crypto.
Independent Reserve Deposit and withdrawal options vs competitors
| Independent Reserve | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is Independent Reserve minimum deposit?
The minimum deposit at Independent Reserve is 1 USD/USDT or 0,00001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Independent Reserve minimum deposit vs competitors
| Independent Reserve | OKX | Kraken | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 0,00001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does Independent Reserve support fiat money?
Independent Reserve supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Independent Reserve received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Independent Reserve covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Staking not available
- Yield farming not available
Independent Reserve supported coins and markets vs competitors
We compared Independent Reserve 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.
| Independent Reserve | OKX | Kraken | |
| Supported coins | 33 | 329 | 278 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
Independent Reserve passive income options vs competitors
We also compared Independent Reserve 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.
| Independent Reserve | OKX | Kraken | |
| Staking | No | Yes | Yes |
| Yield farming | No | Yes | Yes |
| Copy trading | No | Yes | Yes |
Trading apps & tools
Independent Reserve received a score of 6.5/10 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.
- App data protection with 2FA
- Positive user feedback on the iOS app
- Android app score 4,6
- Mobile indicators allowed
- No Face ID
- No trading bots for traders
- No access to TradingView features
Trading apps
Independent Reserve provides web and mobile apps for both Android and iOS users, with an average rating of 4,8 on the App Store and 4,6 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 Independent Reserve platform is for mobile use.
| Independent Reserve | Bybit | |
| 2FA | Yes | Yes |
| Face ID | No | Yes |
| Mob Indicators | Yes | Yes |
| Alerts | No | Yes |
| Advanced Orders | Yes | Yes |
| Trading with bots | No | Yes |
| API | Yes | Yes |
| Extra trading platforms | No | MT4 |
Does Independent Reserve offer a desktop app?
No, Independent Reserve 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 Independent Reserve offer advanced charting with TradingView integration?
No, Independent Reserve does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2013 |
|---|---|
| Registration address | level 26/44 Market St, Sydney NSW 2000, Australia |
| Official site | https://www.independentreserve.com/ |
| Contacts |
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