Fees and limits
Platform trading fees
The fees below are accurate as of 6 July 2020.
Independent Reserve uses a tiered trading fee system based on 30-day trading volume. Fees start at 0.50% and drop by 0.02% every AU$50,000 up to $500,000. After that, they keep decreasing, but more slowly.
| 30-day trade volume (AUD equivalent) | Trading fee |
|---|---|
| 0 | 0.50% |
| 100,000 | 0.48% |
| 500,000 | 0.32% |
| 1,000,000 | 0.22% |
| 10,000,000 | 0.05% |
Deposit and withdrawal fees
Deposit fees
Note that the following are the Independent Reserve’s deposit processing fees. They do not include the fees for transferring money to the exchange, such as network fees or SWIFT payment fees.
| Deposit method | Fee (AUD) |
|---|---|
| EFT | $0.99 or free if $100 or more |
| POLi | $3.30 |
| PayID/Osko | $2.50 or free if $1,000 or more. |
| SWIFT | $15 or free if $5,000 or more |
| Cryptocurrency | Free |
Withdrawal fees
| Withdrawal type | Fee (AUD) |
|---|---|
| Australian dollar withdrawals | Free |
| International withdrawals | $20 |
| Cryptocurrency withdrawals | Varies |
