Well-known globally, BullionVault has been a top precious metals provider for thousands of investors since 2005. Paul Tustain founded the company and it remains a leading gold dealer today. With more than $3 billion in gold stored in vaults around the world including New York, London, Toronto, Zurich and Singapore – they’re able to cater to close to 100,000 individual private investors. Having such diverse locations makes it easy for you have bullion stored near you too.
BullionVault is an English-based investment company that is governed by its own laws. Even though it’s based in England, the government does not regulate it. In fact, BullionVault isn’t under the English Financial Services Authority (FSA) because only bullion is being traded and gold doesn’t fall under what the FSA deals with.
Because it is self-governing, BullionVault can provide many things to its investors worldwide. One of these is access to the markets dealing with bullion.
In addition to that, other services include low costs associated with holding, buying or selling silver and gold bars. These reasons make BullionVault a leading investment service provider for all of your bullion needs.
BullionVault is frequently referred to as an exchange between two individuals, which is how a brokerage firm and investor usually handle investments by buying and selling them.
The Purpose of BullionVault
BullionVault was created to solve two primary problems for private investors:
First, allowing access to the private investor. Second, eliminating the restrictions placed on private investors associated with vault access. These problems made it difficult for the average person to invest in gold securely and easily. Now, with BullionVault, any individual can enter the market and make investments regardless of their size – just like a professional investor would. Plus, our service provides a lower cost than many alternatives that private investors love taking advantage of!
Bar Size to fit the Investor´s Needs
BullionVault offers direct gold bar investments, and there is no limit on how much you can purchase. The size of the bars varies from ounces to pounds. Once purchased, the gold will be stored in a vault near you.
All BullionVault accounts are audited every day to ensure that account holders match what is listed in the verified database. A system using nicknames is used for verification purposes, and after auditing, account holders can view their audit results online.
Why Invest With BullionVault?
There are many reasons to invest with BullionVault. We list a few of the most popular ones below.
It has the largest online market for bullion
They are one of the world leaders in the bullion market, with more than $3 billion dollars’ worth of bullion stored in its vaults. They also store an estimated $2.5 billion in physical gold, which many countries lack in their own reserves.
Their rates for buying, storing, or selling are a lot lower.
No matter where you are in your investment journey, our low rates will save you money. In fact, they’re half of what you’ll find at most other places. When your investment is more than $75,000, this savings will be especially useful.
Size does not matter
Bullion can be invested no matter its size, meaning an investment can be made for as little as $150 or up into the millions. This opens up opportunities for investors who might have previously felt limited in their options.
Withdrawing money is quick and easy.
Investors love the fact that they can withdraw their money almost instantly, 24/7. Within one business day, you could have the cash transferred to your bank account.
Its bullion is worthy of investment
Whether it is gold, silver, or another valuable metal, you will be amazed that it comes from an authentic piece of the metal. This makes it possible to trade on each world market dealing with gold bullion.
Vaults are designed to provide the highest level of security possible.
The moment your gold is placed in the vault, it becomes one of the most secure investments you can make. With state-of-the-art security systems and experienced staff, you can rest assured that your investment is safe and sound.
Audits are done daily
You will be hard-pressed to find another bullion dealer that provides daily audits to their investors and posts the results publicly for transparency. Furthermore, each audit is verified by an unbiased source to guarantee accuracy.
IT rates are wholesale
They enjoy providing a 0.12% annual rate for gold, which is much lower than the average 0.5% provided by other ETF dealers.
Price freedom
Investors deal directly with other investors, so they can set their own prices. This will save you money over time.
No currency restriction
BullionVault suffices international trade by allowing you to exchange currency without any restrictions, making it conveniently easy for you.
24/7 trading
The online platform enables investors to make trades at any time of day or night, with customer service available 24 hours a day, 7 days a week.
Products Available Through BullionVault
The products offered by BullionVault are as follows:
Actual bullion gold
At BullionVault, your investment is in physical bullion gold. This means that it will be held in a physical vault. The purchase process is straight-forward and you can have access to your metals within hours.
There are no delivery fees when you make an investment and the prices for the precious metals are wholesale but below retail.
After you make a purchase, you will be able to choose from one of two options:
You can have a secure vault hold the purchase. This may result in higher shipping costs when you want to retrieve them.
Or, they can be sent to you directly with no penalties for selling them. The cash from the sale will go directly into your account within 24 hours.
Note that when you sell the item/items, it is considered an investment, so your account will reflect that change under investments.
A gold IRA
Although it’s not as common, having a gold IRA is an option for retirement purposes. By obtaining the Gold IRA from BullionVault, you’re able to diversify your portfolio for retirement.
Not only that, but you can also combine any current employer-based retirement accounts.
The Silver IRA
The silver IRA works similarly to the gold IRA in that precious metals can be included easily. Another key similarity is that you own your investment for as long time as desired, and it will never lose value like non-bullion investments might. If you’re nearing age 60, the designated beneficiary of your account can take distribute payouts without being penalized by the IRS.
The Price of Gold
The ability to purchase gold affordably is great for any market. You can purchase in ounce or gram increments as part of the wholesale obtainment of the gold bars. If you want, investing in coins through BullionVault is also possible.
No matter how you look at it, prices of gold and silver through BullionVault will always remain close to wholesale thanks to their large quantities. The savings are then passed down to the investor.
Every day, the price of gold is shared via a publicly accessible chart. This high level of transparency allows users to trust that the prices shown are accurate and up-to-date.
The BullionVault Investment Platform
You don’t need a trading platform to invest in bullion form. This is because there are only three assets available. You can place an order when you log into your account. The gold prices will be listed on the order board.
Simple Account Creation Process
The first thing you need to do when making investments through BullionVault is open an account, which takes less than 5 minutes. When registering, have your personal information ready. You can make deposits into the new account as soon as it’s opened.
To comply with legal regulations, validate the new account as quickly as possible after opening it. This may involve providing extra verification to help prevent money laundering.
You can start trading as soon as your account is credited. Transactions are easy to make with just a click, and you have the opportunity to bid on investments that work for you.
Precious Metal Safety With BullionVault
BullionVault only deals with the finest quality gold and other precious metals. This is due to their traceability as well as the high integrity of those who handle them throughout the custody chain. The company that BullionVault uses for its vaults, Loomis, is a highly reputable provider within the financial sector.
There are a few things to keep in mind when storing your precious metal:
- The gold is insured
- You will have full access to the records of all transactions as well as the documents verifying your ownership.
- Restrictions on accounts reflect the integrity that the account is held in good faith to prevent money laundering
- If your account is ever compromised, their advanced encryption will keep your information safe.
- The jurisdiction in which your chosen vault is located will govern it. The investor gets to select the vault and its location. However, if requested, the jurisdiction can be modified later on.
- Additionally, BuillionVault has a special burglar alarm feature that helps keep accounts protected around the clock.
- BullionVault will send you a notification if any atypical activity is detected on your account. Once we are alerted, their team will investigate the issue further.
Advantages of BullionVault
- There is no extra VAT on gold.
- New investors are offered a certain number of grams of silver.
- Coins and ingots are both offered
- Price spreads are significantly lower than other financial institutions
- They insure everything.
- You can change your vault settings to match your preferences.
- You can obtain physical gold bars or coins to keep at your residence.
- It remains a very affordable investment method
- Their app makes investing easy for everyone.
- Lower fees compared to other precious metal sellers
- The BullionVault is highly reliable.
- They are here for you 24/7, whether you need help by phone, email, or live chat.
- A great deal of transparency
- They offer a variety of vault locations around the globe, so you can choose the one that best suits your needs.
- You can invest in many different currencies.
Disadvantages
- Their precious metal selection is limited
- Prolonged account verification after initializing an account
- The platform would work better if it were updated.
Conclusion of BullionVault Review
The BullionVault investment platform is one of the best companies to invest in gold. They have a great reputation and with close to $4 billion dollars’ worth of gold, their 91,000+ investors are happy with their decision to invest through them.
There are no limits while investing; all of the normal transactions such as buying, selling, and holding precious metals can be conducted at the best market prices.
There are plenty of products and services that make your currency capable of purchasing precious metals. In the end, investors can trust BullionVault because of their great reputation which they have maintained since 2005.