Is Independent Reserve a Scam? Regulation Check 2026
The Independent Reserve entry was pulled from the MAS register. This is what the public record returns.
Verdict
The record clears Independent Reserve: it holds MAS registration, which clears it to offer trading in Singapore.
How to verify on the official register
| Regulator | MAS MAS Monetary Authority of Singapore (MAS) |
| Registration status | Registered |
| Regulated Entity | Independent Reserve SG Pte Ltd |
| Founded | 2013 |
What MAS regulation means
Under MAS, an exchange must ring-fence client funds in segregated accounts, carry negative balance protection, and open its books to independent audit. A complaint can be filed with MAS directly.
What the MAS registration buys you
- Client funds ring-fenced in segregated accounts, apart from Independent Reserve's own capital
- Negative balance protection, so a loss cannot run past the deposit
- A direct line to MAS for a complaint should Independent Reserve leave one unresolved
- Independent financial audits of Independent Reserve, run on a schedule under MAS oversight
Frequently Asked Questions
Is Independent Reserve a scam or legitimate?
The record clears Independent Reserve. It holds MAS registration, and MAS ranks among the most respected financial regulators, the entry confirms in public on the MAS register.
How do I check Independent Reserve's MAS licence?
Open the official MAS site and run its register search. Search for the entity name; the entry returns Independent Reserve's authorisation status and the exact scope of its permissions.
Are my funds safe with Independent Reserve?
Under MAS, Independent Reserve is required to hold client funds in segregated bank accounts, walled off from company money, cover that stands even if Independent Reserve runs into trouble.
What protection do I have as a Independent Reserve client in Singapore?
In Singapore, Independent Reserve answers to MAS. On the record that means segregated client funds, negative balance protection (losses cannot run past your deposit), and a direct channel to file a complaint with MAS.
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