Independent Reserve review
Overview
Independent Reserve is a long-standing, security-focused Australian exchange popular with serious investors, high-value traders and self-managed super funds (SMSFs).
Founded in 2013, it favours blue-chip assets and professional-grade features over a huge coin count. It is AUSTRAC-registered, holds insurance on custodied crypto, and is widely used by Australians who prioritise regulation and security over speculative breadth.
Key features
- Trusted by SMSFs and high-value investors
- Insurance on custodied digital assets
- AUD, USD and NZD support
- Professional order types and an OTC desk
Fees & costs
Maker and taker fees start around 0.5 percent and fall with volume — keen for larger traders. It supports AUD, USD and NZD, with free or low-cost bank deposits. The asset list is smaller and deliberately blue-chip.
Security & trust
Independent Reserve is one of the most security-focused exchanges in Australia: AUSTRAC-registered, insured custody, cold storage and strong account controls. It was among the first local exchanges to gain regulatory recognition. Still custodial, so use 2FA and self-custody for long-term holdings.
Pros & cons
👍 Pros
- Strong security and regulatory standing
- Insured custody of crypto
- Great for SMSFs and large trades
- Multi-currency (AUD, USD, NZD)
👎 Cons
- Smaller coin selection
- Interface less flashy than rivals
- Not aimed at altcoin hunters
Who it's for
✅ Good fit if…
Security-conscious Australians, SMSF investors and higher-value traders who want regulation and insurance over breadth.
⛔ Look elsewhere if…
Beginners chasing hundreds of altcoins or the newest tokens.
Frequently asked questions
Is Independent Reserve safe to use?
Independent Reserve is one of the most security-focused exchanges in Australia: AUSTRAC-registered, insured custody, cold storage and strong account controls. It was among the first local exchanges to gain regulatory recognition. Still custodial, so use 2FA and self-custody for long-term holdings.
What are Independent Reserve's trading fees?
Independent Reserve's spot trading fees start from around 0.5% and fall with volume. Deposit and withdrawal fees vary by method, so check Independent Reserve's current fee schedule before trading.
Is Independent Reserve available in Australia?
Yes — Independent Reserve lists its availability as AU only. Always confirm it supports your country and payment method when you sign up.
Is Independent Reserve good for beginners?
Independent Reserve is best for serious and smsf investors. Security-conscious Australians, SMSF investors and higher-value traders who want regulation and insurance over breadth.
Verdict
Bottom line. The Australian exchange for serious, security-first investors and SMSFs. Fewer coins, but hard to beat on trust and professionalism.