Independent Reserve vs Indodax
On trading fees Indodax starts ahead: 0.3% taker versus 0.5% for Independent Reserve. On listing breadth Indodax wins (300 assets vs 41). Before picking between Independent Reserve and Indodax, ask whether you will trade actively or just accumulate: the answer can flip the ranking.
| Independent Reserve | Indodax | |
|---|---|---|
| Tier | A | B |
| Rating | ★ 4.0 | ★ 3.7 |
| Maker / Taker fee | 0.5% / 0.5% | 0.3% / 0.3% |
| Markets | Spot | Spot |
| Max leverage | 5× | 1× |
| Supported assets | 41+ | 300+ |
| Trading pairs | 63+ | 200+ |
| 24h volume | $14.38M | $6.73M |
| Fiat on-ramp | Yes | Yes |
| Deposit methods | Bank transfer, EFT, SWIFT, Osko/PayID, POLi, Credit/Debit card, PayPal, Crypto | Bonifico bancario (Virtual Account), QRIS, E-wallet (OVO, DANA, ShopeePay, LinkAja) |
| Geo restrictions | United States, China, Turkey, Iran, North Korea, Afghanistan, Syria, Oman, Sudan, Nigeria, Turkmenistan, Thailand | Non-Indonesia |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | APAC · 3+ countries | APAC · 1+ countries |
| Regulator | ASIC / AUSTRAC | Bappebti / OJK |
| OAM Italy registration | No | No |
| Segment | B2C | B2C |
| Staking / Earn | — | Indodax Staking (recently launched) |
| Regions | APAC | APAC |
| Licences & safety | AUSTRAC AU + MAS SG | Bappebti Indonesia |
Frequently asked questions
Independent Reserve vs Indodax: which is better?
On trading fees Indodax starts ahead: 0.3% taker versus 0.5% for Independent Reserve. On listing breadth Indodax wins (300 assets vs 41). Before picking between Independent Reserve and Indodax, ask whether you will trade actively or just accumulate: the answer can flip the ranking.
Is Independent Reserve custodial or self-custody?
Independent Reserve is custodial: funds are held by the platform, while Indodax is custodial.