BTC Markets vs Independent Reserve
Per-trade cost favours Independent Reserve (0.5% taker, vs 0.85%). On listing breadth Independent Reserve wins (41 assets vs 40). For frequent trading, fees and liquidity matter most; for long-term holding, licences and reserve transparency do — weigh the points above against your usage.
| BTC Markets | Independent Reserve | |
|---|---|---|
| Tier | A | A |
| Rating | ★ 4.0 | ★ 4.0 |
| Maker / Taker fee | 0.5% / 0.85% | 0.5% / 0.5% |
| Markets | Spot | Spot |
| Max leverage | 1× | 5× |
| Supported assets | 40+ | 41+ |
| Trading pairs | 32+ | 63+ |
| 24h volume (as of May 9) | $1.13M | — |
| Fiat on-ramp | Yes | Yes |
| Deposit methods | PayID/Osko (NPP), Bonifico bancario diretto (BSB e numero di conto), Carta | Bank transfer, EFT, SWIFT, Osko/PayID, POLi, Credit/Debit card, PayPal, Crypto |
| Geo restrictions | Solo residenti in Australia | United States, China, Turkey, Iran, North Korea, Afghanistan, Syria, Oman, Sudan, Nigeria, Turkmenistan, Thailand |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | APAC · 1+ countries | APAC · 3+ countries |
| Regulator | ASIC / AUSTRAC | ASIC / AUSTRAC |
| OAM Italy registration | No | No |
| Segment | B2C | B2C |
| 24h volume | — | $14.38M |
| Regions | APAC | APAC |
| Licences & safety | AUSTRAC AU | AUSTRAC AU + MAS SG |
Frequently asked questions
BTC Markets vs Independent Reserve: which is better?
Per-trade cost favours Independent Reserve (0.5% taker, vs 0.85%). On listing breadth Independent Reserve wins (41 assets vs 40). For frequent trading, fees and liquidity matter most; for long-term holding, licences and reserve transparency do — weigh the points above against your usage.
Is BTC Markets custodial or self-custody?
BTC Markets is custodial: funds are held by the platform, while Independent Reserve is custodial.