At a glance
- Trading fee, entry tier
- 0.50%
- Trading fee, highest volume tier
- 0.02%
- PayID / Osko & EFT deposits
- $0 Independent Reserve fee
- AUD EFT withdrawal
- $0 · usually next business day
- AUD PayID / NPP instant withdrawal
- A$1.50
Tiered by 30-day trading volume. The lowest rates need very high volume; most new accounts start at 0.5%.
What stands out
- One published fee schedule for buying and selling, tiered by 30-day volume down to 0.02%.
- Free PayID, Osko and EFT deposits, and free standard EFT withdrawals.
- Personal, SMSF, trust and company accounts, plus an OTC desk for orders from A$50,000.
- Operating since 2013 and registered with AUSTRAC, according to the company.
What to weigh up
- The 0.5% entry rate is higher than the entry rate on some other order books, such as CoinJar Exchange.
- Instant PayID/NPP withdrawals cost A$1.50; the free EFT option is slower.
- Security certifications and balance audits are described by the company itself; we have not independently verified them.
Fees: one schedule, tiered by volume
Independent Reserve publishes a single trading-fee schedule that starts at 0.5% and falls as your 30-day trading volume rises, to 0.02% at the top tier. At a notional A$1,000 trade, a 0.5% fee is A$5. Because trades go through an order book, the price you get also depends on the bid–ask spread and order depth at the time.
- If you trade occasionally, plan around the 0.5% entry rate.
- The lower tiers matter mainly to frequent, high-volume traders, so don't assume the 0.02% headline applies to you.
Getting AUD in and out
PayID/Osko and EFT deposits are free, with daily limits. Standard EFT withdrawals to your bank are also free and usually arrive the next business day. If you want AUD instantly by PayID/NPP, the published fee is A$1.50.
- Crypto withdrawals carry a separate network fee that depends on the asset.
- Check the minimum and the network before you send, and remember that your own bank may have its own limits.
Built for larger and structured accounts
Independent Reserve lets you open personal, SMSF, trust or company accounts. For large orders, its OTC desk handles trades from A$50,000, aimed at businesses, high-net-worth individuals, institutions and self-managed super funds.
- If you run an SMSF, check that your fund's investment strategy permits crypto and that the account is set up in the fund's name.
- Get accounting or advice support where needed; an exchange account type alone doesn't make a fund compliant.
Regulation and security claims
Independent Reserve says it was founded in 2013, is registered with AUSTRAC as a digital currency exchange, has held ISO 27001 information-security certification since 2021, and runs its core servers in two Tier 3 data centres in Sydney. It also says independent audits verify the fiat and crypto balances it holds for clients.
- AUSTRAC registration is about anti-money-laundering obligations; it isn't a guarantee against loss.
- Security certifications and audits are useful signals, but they come from the company's own pages here.
- Decide how much to leave on any exchange, and consider a wallet you control for long-term holdings.
Nodora’s take
Independent Reserve suits people who want a straightforward order-book exchange with free standard AUD transfers, and it stands out for SMSF, trust and company accounts and larger OTC trades. The trade-off is a 0.5% entry fee that only falls meaningfully at higher volumes.
Before opening an account, compare the final amount of crypto you'd receive with another exchange at your actual trade size, and decide whether you need instant withdrawals. We have not opened or funded an account as part of this review, and Nodora has no referral relationship with Independent Reserve.
Independent Reserve questions, answered
What are Independent Reserve’s trading fees?
Independent Reserve publishes a tiered schedule based on 30-day trading volume. It starts at 0.5% and falls to 0.02% at the highest tier. Most new accounts start at 0.5%, and the order-book spread also affects your final price.
Is Independent Reserve regulated in Australia?
Independent Reserve says it is registered with AUSTRAC as a digital currency exchange. AUSTRAC registration covers anti-money-laundering and counter-terrorism financing obligations; it isn't deposit insurance or a guarantee against loss.
Does Independent Reserve charge for AUD withdrawals?
Standard EFT withdrawals are free and usually arrive the next business day. Instant PayID/NPP withdrawals cost A$1.50, according to its fee schedule.
Can I use Independent Reserve for an SMSF?
Yes. It offers SMSF accounts alongside personal, trust and company accounts. Check that your fund's investment strategy allows crypto and keep records for your auditor.
Does Nodora earn a commission from Independent Reserve?
No. Nodora has no referral relationship with Independent Reserve, and the link on this page goes to its official website.
More on Independent Reserve: fees explained · is it safe?
Sources & last check
Checked 26 October 2026. Provider material describes the provider’s own service; it is not independent verification of safety or performance.
- Independent Reserve fee schedule
- Independent Reserve help: frequently asked questions
- About Independent Reserve
- Independent Reserve SMSF accounts
- Independent Reserve OTC desk
- Independent Reserve: Is Independent Reserve safe?
