Independent Reserve Reviews 

195
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 Consultant

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

195 reviews

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3.8

All reviews

(195)

70 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 5 out of 5 stars

Good

Great website highly recommend good for starters in investing

August 26, 2026
Rated 1 out of 5 stars

Absolutely Awful - STAY AWAY

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 where you have no ability to call or have live chat. The delays are totally unacceptable. I was sending to my own wallet in an international exchange and was prevented. Even after a satisfactorily answering all the questions, sending bank statements and having sent to the same wallet many times, they continued to challenge me and not send the crypto. It takes hours to respond and a different person every time. I have four accounts with them personal and business but will close them all. They are far too hard to deal with

August 14, 2026
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Steve,

We’re sorry to hear about your experience.

Unfortunately, we are unable to locate your account. If you’re open to it, please reach out to our support team, and we’ll be happy to review your case and give our best to assist you further.

We appreciate you taking the time to share your feedback and our relevant team will be glad to help and support you.

Kind regards,
Independent Reserve Team

Rated 1 out of 5 stars

★☆☆☆☆

★☆☆☆☆
Update - 12 days later (16 days since the transaction was marked as “completed”, and I still don’t have my funds.)

The only update I’ve received was from a Relationship Manager, who told me 5 days ago that they had initiated a recall from their banking partner and would resend the funds through another partner once returned.

No response from Support since.

I simply want my funds returned to the crypto wallet I will provide. Please give me a clear timeline.

UPDATE - 6 days later (10 days since the transaction was “completed”). Still no money and still no response from Support.

The only response I received came from my Relationship Manager. Apparently, Independent Reserve sent the funds to their banking partner, but for reasons completely unknown to them, the banking partner has not sent the money to me.

And the best part? Independent Reserve has no idea what to do about it other than keep asking their banking partner for an update.

So, 10 days later, I still have no money, no clear explanation, no timeline and no actual resolution.

UPDATE – 3 days later:
Still no money, and still no answer.

I’ve contacted Support twice and received no response. I also raised a formal complaint, and the response was essentially: “We’ll carefully review your complaint and get back to you within five days.”

The withdrawal was marked as processed on Monday 10th. I just want my money and a clear explanation of what is happening.
—————————

NZD withdrawal has been showing as “Processed” since Monday, and now it’s Friday with still no money in sight and no progress.

The responses are slow, and the only update I’m getting is that they are “checking with the banking team”. This is my first transaction with Independent Reserve, and unfortunately it has been a very disappointing experience.

The process is slow, communication is poor, and there is still no clear indication of where my money is or when I will actually receive it.

August 14, 2026
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Anna,

We’re sorry to hear about your experience and understand how frustrating this may be.

If you’re open to it, please reach out to our support team again, and we’ll be happy to review your case and give our best to assist you further.

We appreciate you taking the time to share your feedback and our relevant team will be glad to help and support you.

Kind regards,
Independent Reserve Team

Rated 5 out of 5 stars

Perfect

It’s fast and easy

July 14, 2026
Independent Reserve logo

Reply from Independent Reserve

Hi Mehdi,

Thank you for your review! We're glad to hear you've had a smooth experience getting started with cryptocurrency. We strive to make our platform as simple and user-friendly as possible.

Best regards,
Independent Reserve Team

Rated 5 out of 5 stars

Good stuffs

July 13, 2026
Independent Reserve logo

Reply from Independent Reserve

Hi Tricky,

Thank you for your feedback! We're pleased to hear you had a great experience with our service.

Best regards,
Independent Reserve Team

Rated 1 out of 5 stars

UMEDRAM PARANBHA PATEL

UMEDRAM PARANBHA PATEL

BAHRTIYA RESERVES BANK 1932
ON THE BIRTH OF DAHYABHAI UMEDRAM PATEL UMEDRAM PARANBHA PATEL HAS MADE RBI FOR HIS SUN

July 8, 2026
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Ashishkuamar Patel,

Unfortunately, we are unable to locate your account.

If you are a genuine user, kindly reach out to our support team for resolution.

Thank you.

Best regards,
Independent Reserve Team

Rated 5 out of 5 stars

Easy to use

Easy to use. The ability to instantly buy is good however, to set a buy/sell prices is my hot button.

June 25, 2026
Rated 5 out of 5 stars

Great service, prompt action, safe and reliable

Our business has had an Independent Reserve account for some time now and the service, support, and safety of the exchange is excellent. Taylor recently addressed a policy issue both quickly and professionally. We would recommend Independent Reserve to anyone looking for a quality, professional, and efficient exchange.

June 24, 2026
Unprompted review
Rated 2 out of 5 stars

I think it's RIDICULOUS they have to "…

I think it's RIDICULOUS they have to " REVIEW " a transaction to my own wallet on a Litecoin transaction under $1000 in fact it's under $300. So in that time value can DROP. So it seems crypto is being over regulated or dumb rules!

February 28, 2026
Unprompted review
Independent Reserve logo

Reply from Independent Reserve

Hi Brett,

Having reviewed your account, we were unable to identify any issues with your transactions. Your deposits, trades, and withdrawals appear to have been processed smoothly without interruption.

If you are experiencing any other issues, please feel free to reach out to our support team via in-app support. We'd be more than happy to investigate further and assist you.

Best regards,
Independent Reserve Team

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