Independent Reserve Reviews 

196
TrustScore 4 out of 5

3.8

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Rated 1 out of 5 stars

I needed to send funds to an extremely sick person. I needed to do it quickly due to businesses closing. It has been 20hours and I am still battling with the ridiculous system of Independent Reserve... See more

Company replied

Rated 5 out of 5 stars

Top shelf exchange. Support may take a few hours to respond but when they do it's really clear and appropriate...not pro forma responses. Really happy with their security protocols and ease-of-use. Ge... See more

Rated 5 out of 5 stars

I have accounts in 3 Australian exchanges and Independent Reserve is the one I most trust. The others I use only for trading obscure coins. One of those was recently hacked & I lost all my funds. Thei... See more

Rated 5 out of 5 stars

Support were very quick to respond to questions during the day and even night! A lot more responsive than the other Exchanges out there. I've transferred large sums of AUD and Crypto to and from sev... See more

Company details

  1. Currency exchange service
  2. Financial advisor

Information provided by various external sources

The best place to buy, sell and trade Bitcoin, Ethereum and other cryptocurrencies in Australia and New Zealand with AUD, NZD and USD. Digital Currency Exchange of the Year 2019.


Contact info

You should know

3.8

Great

TrustScore 4 out of 5

196 reviews

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3.8

All reviews

(196)

71 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Do not trust this company

Do not trust this company. They are the same company as Bitcoin.com.au. Feel free to look up the abn of each company if they deny it.

19 September 2023
Unprompted review
Rated 5 out of 5 stars

The best Aussie crypto exchange.

The best Aussie crypto exchange.
I've checked pricing and fees across all the others and this one is the best. Support and service are also top notch.

2 May 2023
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi George,

Thank you for your kind feedback and positive review! We’re delighted to hear that you’re enjoying the platform.

Warm regards,
Independent Reserve team

Rated 2 out of 5 stars

Delay wiring funds to NZ

Have requested to have funds wired from my IR account to my NZ bank account however the process has been delayed due to unspecified issues. I haven't been given a reason for the delay and am not impressed.

12 April 2023
Unprompted review
Rated 1 out of 5 stars

Problem with fiat deposit nzd money…

Problem with fiat deposit nzd money didn't go into account. Gave wrong particulars on transaction my fault but went to account given was unable to trace deposit through recommended nz account told to try and recover deposit through my bank account

28 October 2022
Unprompted review
Rated 5 out of 5 stars

Excellent exchange

I've been using Independent reserve since 2013 for countless trades, both large & small. Never had the slightest problem.
Fees very reasonable. Can't fault them. A very trustworthy exchange i.m.o.

7 July 2022
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Kevin,

Thank you for your kind feedback and positive review! We’re delighted to hear that you’re enjoying the platform.

Warm regards,
Independent Reserve team

Rated 5 out of 5 stars

Able to convert BTC and withdraw Fiat

I was able to deposit BTC, verify my wallet address, convert to SGD and a FAST withdrawal to my local bank in less than 2 days.

Thank you to the support team that replied promptly.

17 June 2022
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Yean,

Thank you so much for your positive feedback and 5-star review! We're delighted to hear that you had a great experience. Our team is dedicated to providing excellent service and support, and it's uplifting to know we've met your expectations.

If there’s anything else we can assist you with, please don’t hesitate to reach out.

Warm regards,
Independent Reserve team

Rated 1 out of 5 stars

No confidence

I had only a small amount invested in PMGT via independent reserve as a trial run, which was fortunate given how hard it was to retrieve my money. Admittedly, the first attempt failed because I still had an open order pending, but even after canceling the order I still required online support to fix it. Although I did retrieve my money and online support was reasonably swift, I must still give this a 1 star because during that period where I couldn’t withdraw, it was still a very scary and frustrating experience.

24 May 2022
Unprompted review
Rated 1 out of 5 stars

Wish I had came here earlier and read…

Wish I had came here earlier and read the negative reviews. The positive or good reviews are obviously fake reviews or paid reviews.

Avoid this company at all costs! This scammer site is run by crooks and your will face many problems withdrawing your assets. or your assets will be illegally retained by these crooks.

13 February 2022
Unprompted review
Rated 1 out of 5 stars

Worse service ever

Worse service ever
These guys have wasted 24 hours of my time.
I bought bitcoin and tried to transfer it to my own wallet. They have put it on hold for over 24 hours.
They go backwards and forwards in their "support" app, asking if I am using other trading sites/brokers etc. NOT THEIR BUSINESS
Then they wanted to know what software wallet I was going to use. NOT THEIR BUSINESS
They want to KEEP my funds in their exchange so THEY get all the transaction fees, it seems! MUST BE THEIR BUSINESS MODEL
You would do well to find another exchange.

28 January 2022
Unprompted review
Rated 5 out of 5 stars

The team answers my questions quickly

The team answers my questions quickly, even when I was wrongfully frustrated. They have helped me several times without question.
I trust this team.

1 January 2022
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Mitchell,

Thank you so much for your positive feedback and 5-star review! We're delighted to hear that you had a great experience. Our team is dedicated to providing excellent service and support, and it's uplifting to know we've met your expectations.

If there’s anything else we can assist you with, please don’t hesitate to reach out.

Warm regards,
Independent Reserve team

Rated 3 out of 5 stars

Withdrawals from Independent Reserve

I am going through an unbelievably inefficient customer service write now. I requested a withdrawal of just 30 XRP tokens from Independent Reserve to Coinspot. This was a test withdrawal before making a larger withdrawal. I have been told that they will review my request before providing approval to move 30 XRP tokens. The review has been pending for the last seven hours. The service desk is claiming that they provide 24/7 support and do not close during holidays but it looks like that the service is in suspension even on a working day before the holidays. I need to get my tokens to Coinspot before 7AM tomorrow but it looks like that I am going to miss that deadline. It is important for me to move the XRP tokens to Coinspot for a snapshot of my holdings at 7AM to be eligible for an airdrop of Sologenic tokens. The only reason I need to move the tokens is that the Independent Reserve is not participating in the airdrop of Solo tokens.
Thankfully they acted after 12 hours and I was able to move the tokens within the deadline.

24 December 2021
Unprompted review
Rated 5 out of 5 stars

This exchange has very good support…

This exchange has very good support team and their response is very fast

6 December 2021
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Des,

Thank you so much for your positive feedback and 5-star review! We're delighted to hear that you had a great experience. Our team is dedicated to providing excellent service and support, and it's uplifting to know we've met your expectations.

If there’s anything else we can assist you with, please don’t hesitate to reach out.

Warm regards,
Independent Reserve team

Rated 1 out of 5 stars

Just an Average Exchange

Opened a Singapore based account.

Fee: Not the cheapest 0.5% trading fee. 0.55% deposit fee.
Web interface : Very basic interface. To withdraw crypt, I need to deposit some crypto to my wallet first before I can do the withdrawal as a form of security check. It is extra cost to me. Ridiculous.
Mobile app : Can't deposit fiat. Can't withdraw crypto (function not working yet). Just trading and check account.

25 November 2021
Unprompted review
Rated 5 out of 5 stars

Greate for newbies

I am nearly 60 and am not much of a computer / internet guy. I found Independent Reserve easy to understand and they made sure I didn't do anything silly by blocking some of my transactions until they double checked that it was me doing the trading and that the place I was dealing with was legit. I recommend I.R to any newbie like me.

24 October 2021
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Gary,

Thank you so much for your positive feedback and 5-star review! We're delighted to hear that you had a great experience. Our team is dedicated to providing excellent service and support, and it's uplifting to know we've met your expectations.

If there’s anything else we can assist you with, please don’t hesitate to reach out.

Warm regards,
Independent Reserve team

Rated 5 out of 5 stars

Highly Recommended Crypto Currency Service

As a small investor looking to take a step into the crypto sphere and not too sure where to start, the name that kept coming up was Independent Reserve. I have been with Independent Reserve for four years now and have found the experience excellent. Independent Reserve is very supportive of new investors and their support service is first class. One of the best decisions I made when deciding to invest was choosing to deal with the team at Independent Reserve.

25 September 2021
Unprompted review
Rated 5 out of 5 stars

Checking Fraudulent trading companies.

On more than one occasion I have requested that this company help me to check on fraudulent companies. They have completed their research and highlighted the scam behaviours. I am extremely grateful for their advice and concern. Thank you Independent Reserve .
Peter

24 September 2021
Unprompted review
Rated 5 out of 5 stars

Account Holding Transfers and Queries

The Team at Independent Reserve was so helpful and prompt in assisting me on transferring my trade transaction from one account to another. They have been a tremendous help with all problems and understands situations. Also the safety and security factors are a plus so I can sleep better at night knowing that we are protected. Once again, A BIG SHOUT OUT TO THE TEAM and INDEPENDENT RESERVE.

Essie- AKA Independent Reserve AMBASSADOR.

15 September 2021
Unprompted review
Rated 5 out of 5 stars

I had a hiccup with a ADA transfer

I had a hiccup with a ADA transfer. The transaction was sent from a secondary wallet and approved on the Caradano Blockchain. The ADA transferred wasn't credited to my account after 24 hours. After contacting support I was credited the amount I transferred within the hour. Excellent and timely service

15 September 2021
Unprompted review

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