Independent Reserve Review 2026

Logo Independent Reserve
Top Brokers Overview — United States
How we tested Independent Reserve

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

  • 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.

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.

TU Expert Verdict

Editor at Cryptocurrency & Blockchain Department

Independent Reserve 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.

Independent Reserve is a cryptocurrency exchange offering 33 coins, crypto-fiat and crypto-crypto pairs, and a proprietary web platform. It supports OTC and margin trading at 1:1 leverage, and its AutoTrader tool enables automated strategies. The review describes the exchange as regulated under Tier-1 oversight, with two-factor authentication, cold wallet storage, and mandatory KYC.

Notable drawbacks include maker and taker fees of 0.5%, above the industry average, no P2P trading, staking, or private-investor products, and no bank-card funding. The exchange also lacks live chat and phone support, and is unavailable in the U.S. Its narrower asset selection and limited support channels may not suit users seeking broad markets or immediate assistance. Independent Reserve may suit security-conscious crypto users and business clients, while traders prioritizing lower fees, wider asset coverage, or more responsive support may prefer alternatives.

Top-5 Crypto Exchanges Traders Prefer

OKX
Logo OKX
OKX
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.08%
Coins
Coins Supported
600+
Coinbase
Logo Coinbase
Coinbase
7.8 /10
Spot Fees
Spot fee rate, Maker fee
0.5%
Coins
Coins Supported
400+
Crypto.com
Logo Crypto.com
Crypto.com
7.8 /10
Spot Fees
Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+
Cryptohopper
Logo Cryptohopper
Cryptohopper
7.8 /10
Spot Fees
Spot fee rate, Maker fee
0%
Coins
Coins Supported
1000
BTCC
Logo BTCC
BTCC
7.6 /10
Spot Fees
Spot fee rate, Maker fee
0.2%
Coins
Coins Supported
399

Independent Reserve 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.
6.8 /10
19 total
  • 5-star
    21%
  • 4-star
    26%
  • 3-star
    37%
  • 2-star
    5%
  • 1-star
    11%
cwlcwh
1 year ago

The Independent platform offers a free multi-currency e-wallet, which is handy, especially if you work with different currencies. Funds are deposited and withdrawn via the main channels, so there have been no problems accessing funds. What's missing is mobile commerce. It's not yet possible to make full use of the platform for trading or portfolio management via a smartphone in the form of a separate trading app. For some, this may not be essential, but personally, I'd be more comfortable with such an option. For the rest, the wallet gets the job done reliably, simply and with no hidden strings attached. A good tool for those looking for a universal solution for working with multiple currencies.

La plateforme Independent propose un portefeuille électronique multidevises gratuit, ce qui est pratique, surtout si vous travaillez avec différentes devises. Le dépôt et le retrait de fonds sont effectués par les principaux canaux, de sorte qu'il n'y a eu aucun problème d'accès aux fonds. Tout fonctionne rapidement et sans complications inutiles, ce qui est un atout indéniable.
Ce qui manque, c'est le commerce mobile. Il n'est pas encore possible d'utiliser pleinement la plateforme pour les opérations de négociation ou la gestion du portefeuille via un smartphone sous la forme d'une application commerciale distincte. Pour certains, ce n'est peut-être pas essentiel, mais personnellement, je serais plus à l'aise avec une telle option.
Pour le reste, le portefeuille s'acquitte de sa tâche de manière fiable, simple et sans conditions cachées. Un bon outil pour ceux qui recherchent une solution universelle pour travailler avec plusieurs devises.

mkarmani091
1 year ago

The independent reserve pleasantly surprises with its diversity: there are dozens of popular cryptocurrencies, as well as support for several fiat currencies - including Australian, New Zealand, Singaporean and US dollars. That's handy, especially if you work with different regions or prefer to keep your balance in a specific currency. You can trade flexibly and without unnecessary restrictions on your choice of assets. When it comes to opportunities for private investors, however, there simply aren't any. There are no investment products, passive income programs or long-term fund investment vehicles on offer here. The platform is therefore ideally suited to those who manage their own transactions and are not looking for off-the-shelf solutions.

La réserve indépendante surprend agréablement par sa diversité : il y a des dizaines de cryptocurrencies populaires, ainsi qu'un support pour plusieurs monnaies fiduciaires - y compris le dollar australien, néo-zélandais, singapourien et américain. C'est pratique, surtout si vous travaillez avec différentes régions ou si vous préférez conserver votre solde dans une devise spécifique. Vous pouvez négocier avec souplesse et sans restrictions inutiles sur le choix des actifs.
En revanche, en ce qui concerne les opportunités pour les investisseurs privés, il n'y en a tout simplement pas. Aucun produit d'investissement, programme de revenus passifs ou instrument de placement de fonds à long terme n'est proposé ici. Tout est exclusivement axé sur le négoce actif.
La plateforme convient donc tout à fait à ceux qui gèrent leurs propres transactions et ne recherchent pas de solutions toutes faites.

altadc2
3 years ago

I had no luck with Independent Reserve. They are not going to withdraw funds. They come up with different excuses, they are rude. Never contact them. You will regret it many times.

  • Independent Reserve 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.
    5.2 /10

    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

    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 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. 0.5 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. 0.5 0.22 0.2 0.194

    What are Independent Reserve 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, % 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.

  • 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
    9.8 /10

    Independent Reserve has earned a rating of 9.8/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.

    • No successful hacks history
    • Tier-1 regulation
    • 2FA
    • Cold wallet storage
    • Government-regulated
    • No investor protection fund
    • No facial recognition
    • Not U.S regulated

    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 Security Factors
    Independent Reserve OKX Coinbase
    Tier-1 regulation
    Yes
    No
    Yes
    Government-regulated
    Yes
    Yes
    Yes
    Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.
    No
    Yes
    Yes
    2FA
    Yes
    Yes
    Yes
    Facial recognition
    No
    Yes
    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
    No
    Yes

    Is Independent Reserve 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.

    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.

    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.

    Is Independent Reserve available in the USA?

    Independent Reserve 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: OKX, Coinbase, Crypto.com .

  • 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 /10

    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.

    • Bank transfers for deposits and withdrawals
    • No deposit fees
    • Many cryptocurrencies for deposits and withdrawals
    • No Google Pay option
    • No P2P transfer option

    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 Coinbase
    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 1 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 Coinbase
    Minimum deposit, USD or USDT 1 10 10
    Minimum deposit, BTC 1 5 1
    Minimum trade amount, USD/USDT 1 1 2

    Does Independent Reserve support fiat money?

    Independent Reserve supports fiat currency trading and account funding. The following fiat currencies are accepted: USD, AUD.

  • 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.
    2.5 /10

    Independent Reserve received a score of 2.5/10 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.

    • Trading tokenized real-world assets
    • Fiat currencies supported
    • Access to TradFi perpetual futures on stocks and indices
    • Only 33 supported coins
    • Crypto options 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 Coinbase
    Supported coins 33 600+ 400+
    Futures/Perpetual contracts
    No
    Yes
    Yes
    Options
    No
    Yes
    No
    NFTs
    No
    Yes
    Yes
    Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.
    Yes
    Yes
    Yes
    TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.
    Yes
    Yes
    Yes
    Prediction Markets Markets where users trade contracts based on the outcomes of future events.
    No
    No
    No
    Other Assets
    No
    No
    Pre-IPO

    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 Coinbase
    Staking
    No
    Yes
    Yes
    Yield farming
    No
    Yes
    Yes
    Copy trading
    No
    Yes
    No
  • 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.
    6.5 /10

    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.

    • Advanced tools and automation with API
    • Android app score 4.6
    • Mobile indicators allowed
    • App data protection with 2FA
    • Advanced orders not available
    • No access to Copy Trading
    • 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 OKX Coinbase
    2FA
    Yes
    Yes
    Yes
    Face ID
    No
    Yes
    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.
    Yes
    Yes
    Yes
    Trading with bots
    No
    Yes
    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 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.

  • Customer Support

    Score:
    We evaluated Customer Support at Independent Reserve 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
    5.3 /10

    Independent Reserve offers a moderate level of customer support, covering basic communication channels and assistance options.

    In TU testing, the exchange showed mixed results in support accessibility and responsiveness. Certain limitations in contact options, availability, or support resources may make it less convenient for users requiring immediate assistance.

    • 24/7 customer support available
    • Comprehensive help center available
    • Support ticket system available
    • Email support unavailable
    • Live chat support unavailable

    Independent Reserve Support Channels vs Competitors

    Independent Reserve OKX Coinbase
    Live Chat
    No
    No
    Yes
    Email Support
    No
    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
    No
    Yes
    Contacts
    Foundation date 2013
    Registration address level 26/44 Market St, Sydney NSW 2000, Australia
    Official site https://www.independentreserve.com/
    Contacts support@independentreserve.com

Best Independent Reserve Alternatives

OKX
Logo OKX
OKX
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.08%
Coins
Coins Supported
600+
Coinbase
Logo Coinbase
Coinbase
7.8 /10
Spot Fees
Spot fee rate, Maker fee
0.5%
Coins
Coins Supported
400+
Crypto.com
Logo Crypto.com
Crypto.com
7.8 /10
Spot Fees
Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+
Cryptohopper
Logo Cryptohopper
Cryptohopper
7.8 /10
Spot Fees
Spot fee rate, Maker fee
0%
Coins
Coins Supported
1000
BTCC
Logo BTCC
BTCC
7.6 /10
Spot Fees
Spot fee rate, Maker fee
0.2%
Coins
Coins Supported
399

FAQs

How safe is it to use the Independent Reserve cryptocurrency exchange?

Independent Reserve has a safety score of 9.8/10, reflecting strong security measures and Tier-1, government-level regulation. The exchange uses cold wallet storage, two-factor authentication, and has no history of successful hacker attacks, although it does not offer an investor protection fund or facial recognition.

What commissions and fees can traders expect on Independent Reserve?

Independent Reserve charges a 0.5% maker fee and a 0.5% taker fee on spot trades, which are above the industry average but still positioned as reasonable. Deposits are free, while withdrawals incur network-based fees such as 0.0003 BTC or 0.005 ETH.

What do user reviews and feedback say about Independent Reserve?

Independent Reserve has a user satisfaction score of 6.8/10 based on 19 reviews, indicating mixed impressions from traders. According to user reviews, 47% of ratings are 4 or 5 stars, while a notable share of 3-star and lower ratings shows that experiences vary.

What types of assets and markets are available on Independent Reserve?

Independent Reserve supports 33 cryptocurrencies and offers access to tokenized real-world assets and TradFi perpetual futures on stocks and indices. The exchange does not provide futures, perpetual contracts, options, NFTs, prediction markets, or passive income tools such as staking, yield farming, or copy trading.

What customer support options are available at Independent Reserve?

Independent Reserve provides 24/7 support through a ticket system and a help center/FAQ, earning a customer support score of 5.3/10. The exchange does not offer live chat, email, phone, or multilingual support, which may limit accessibility for some users.

Articles that may help you

Editorial Team

Top 5 companies for you
United States
United States
  • Afghanistan Afghanistan
  • Albania Albania
  • Algeria Algeria
  • Angola Angola
  • Argentina Argentina
  • Armenia Armenia
  • Australia Australia
  • Austria Austria
  • Azerbaijan Azerbaijan
  • Bahamas Bahamas
  • Bahrain Bahrain
  • Bangladesh Bangladesh
  • Belarus Belarus
  • Belgium Belgium
  • Bolivia Bolivia
  • Botswana Botswana
  • Brazil Brazil
  • Brunei Brunei
  • Bulgaria Bulgaria
  • Cambodia Cambodia
  • Cameroon Cameroon
  • Canada Canada
  • Chile Chile
  • China China
  • Colombia Colombia
  • Congo Congo
  • Costa Rica Costa Rica
  • Cote d'Ivoire Cote d'Ivoire
  • Croatia Croatia
  • Cuba Cuba
  • Cyprus Cyprus
  • Czechia Czechia
  • DR Congo DR Congo
  • Denmark Denmark
  • Dominican Republic Dominican Republic
  • Ecuador Ecuador
  • Egypt Egypt
  • El Salvador El Salvador
  • Estonia Estonia
  • Eswatini Eswatini
  • Ethiopia Ethiopia
  • Finland Finland
  • France France
  • Georgia Georgia
  • Germany Germany
  • Ghana Ghana
  • Greece Greece
  • Haiti Haiti
  • Hong Kong Hong Kong
  • Hungary Hungary
  • India India
  • Indonesia Indonesia
  • Iran, Islamic republic Iran, Islamic republic
  • Iraq Iraq
  • Ireland Ireland
  • Israel Israel
  • Italy Italy
  • Jamaica Jamaica
  • Japan Japan
  • Jordan Jordan
  • Kazakhstan Kazakhstan
  • Kenya Kenya
  • Korea Korea
  • Kuwait Kuwait
  • Kyrgyzstan Kyrgyzstan
  • Laos Laos
  • Latvia Latvia
  • Lebanon Lebanon
  • Lesotho Lesotho
  • Libya Libya
  • Lithuania Lithuania
  • Luxembourg Luxembourg
  • Madagascar Madagascar
  • Malaysia Malaysia
  • Malta Malta
  • Mauritius Mauritius
  • Mexico Mexico
  • Moldova Moldova
  • Mongolia Mongolia
  • Montenegro Montenegro
  • Morocco Morocco
  • Mozambique Mozambique
  • Myanmar Myanmar
  • Namibia Namibia
  • Nepal Nepal
  • Netherlands Netherlands
  • New Zealand New Zealand
  • Nigeria Nigeria
  • North Macedonia North Macedonia
  • Norway Norway
  • Oman Oman
  • Pakistan Pakistan
  • Palestine Palestine
  • Panama Panama
  • Papua New Guinea Papua New Guinea
  • Paraguay Paraguay
  • Peru Peru
  • Philippines Philippines
  • Poland Poland
  • Portugal Portugal
  • Puerto Rico Puerto Rico
  • Qatar Qatar
  • Reunion Reunion
  • Romania Romania
  • Rwanda Rwanda
  • Saudi Arabia Saudi Arabia
  • Serbia Serbia
  • Singapore Singapore
  • Slovakia Slovakia
  • Slovenia Slovenia
  • Somalia Somalia
  • South Africa South Africa
  • Spain Spain
  • Sri Lanka Sri Lanka
  • Sweden Sweden
  • Switzerland Switzerland
  • Syria Syria
  • Taiwan Taiwan
  • Tajikistan Tajikistan
  • Tanzania Tanzania
  • Thailand Thailand
  • Trinidad and Tobago Trinidad and Tobago
  • Tunisia Tunisia
  • Turkey Turkey
  • UAE UAE
  • Uganda Uganda
  • Ukraine Ukraine
  • United Kingdom United Kingdom
  • United States United States
  • Uruguay Uruguay
  • Uzbekistan Uzbekistan
  • Venezuela Venezuela
  • Vietnam Vietnam
  • Yemen Yemen
  • Zambia Zambia
  • Zimbabwe Zimbabwe
  • Forex
  • Crypto
Table of Contents