Bullionvault Review

BullionVault is a highly-recommended company for private investors who are interested in accessing professional bullion markets worldwide. Founded in 2005 by Paul Tustain, BullionVault offers precious metal traders with a cost-effective way to buy, store, and sell gold, silver, platinum, and palladium. The company takes pride in its ability to provide its clients with the lowest costs when it comes to buying and selling precious metals. They offer storage solutions in five different locations around the world, giving investors the flexibility and convenience to manage their investments as they see fit. Perhaps the best benefit of investing in BullionVault is that it provides an easy, safe, and legitimate way for investors to store gold and other precious metals. With $3.8bn of assets under its management, BullionVault is the largest gold, silver and platinum investment platform for private investors. With these benefits, it is clear why BullionVault is a go-to option for investors interested in trading precious metals.

Introduction to BullionVault

BullionVault is an online platform that allows individuals to buy and sell physical gold, silver, and platinum. The company was established with the goal of operating the world’s most cost-effective, secure, and accessible market in professional-grade bullion. By cutting out intermediaries, BullionVault provides a cheaper, safer, and easier way for individuals to invest in physical bullion. The company charges a custody fee of 0.12% per annum for gold, which is less than 1% after 8 years, and includes insurance. With BullionVault, investors can purchase allocated physical bullion that is stored in a safe and secure vault. In the following sections, we will explore the various features and benefits of BullionVault in more detail.

Buying and selling precious metals on BullionVault

Buying and selling precious metals on BullionVault is a simple process. As mentioned earlier, BullionVault is a trusted online platform for buying and selling physical gold, silver, and platinum. Clients can easily purchase precious metals through their chosen currency, including Pounds Sterling, US Dollars, Euros, and Japanese Yen. The convenient live order board displays the current top three available buying and selling prices of precious metals. Clients have the choice to buy or sell bullion at the current market price, or they can place a limit order if they want to buy or sell at a particular price. Once the order is executed, the purchased bullion is transferred and secured in a trusted BullionVault vault located in London, New York, Singapore, or Zurich. Buying and selling bullion on BullionVault only involves a small commission fee on the trades. At every step, clients have complete control over their investments, and they can view their holdings at any time. Overall, buying and selling precious metals through BullionVault is a secure and user-friendly process for those who want to invest in physical gold, silver, or platinum.

Benefits of using BullionVault for storing bullion

When it comes to storing precious metals, BullionVault offers many benefits that make it a top choice for investors. Firstly, customers can safely store gold, silver, and platinum in top-tier vaults at a reasonable price. This means that investors can bypass the hassle and expense of storing physical bullion themselves. Additionally, BullionVault’s security measures, such as a multi-layered verification process and 24/7 surveillance, ensure that stored bullion is protected. This peace of mind is especially necessary when investing in physical assets. Moreover, BullionVault offers competitive pricing structures and provides customers with real-time spot market prices in various currencies. This makes it easier for investors to make informed decisions about buying and selling bullion. Overall, choosing BullionVault for storing bullion offers convenience, security, and cost savings.

How safe is BullionVault? Understanding security measures

In understanding the safety and security measures of BullionVault, clients can feel reassured that their precious metals investments are well-protected. With extensive physical security measures, such as burglar alarms and external insurance policies, BullionVault ensures that clients’ physical assets are safe and secure. Moreover, the company’s sophisticated safety and security concept has won the Queen’s Award for enterprise three times, proving its reliability and trustworthiness. The daily audit procedure also provides transparency and accountability, however, individual identities of clients are protected. This section should be read alongside other sections in the blog, such as the benefits of using BullionVault for storing bullion and customer reviews, to give a well-rounded understanding of BullionVault’s services and reputation in the industry.

Comparison of BullionVault to other online gold dealers

When it comes to buying gold online, BullionVault is not the only option available. There are a few other online gold dealers that investors can choose from. However, BullionVault remains the world’s largest online investment gold service, and it stands out for its competitive pricing structure and security measures to protect customers’ investments. While some other online gold dealers may offer lower prices, they may not be as safe, reliable, or easy to use as BullionVault. Investors should carefully compare different options before making their decision, but BullionVault remains a top choice for many who seek to buy and store physical gold online.

BullionVault’s competitive pricing structure

One of BullionVault’s biggest advantages is its competitive pricing structure. Buying or selling precious metals at the Daily Price incurs a flat commission of only 0.5%. Additionally, the cost of ownership for the average BullionVault user who buys gold and stores it for five years works out to be just 0.32% per annum. This is a highly affordable rate when compared to other precious metal dealers. The order board system also ensures that prices remain competitive as all users can advertise their prices to other users. Furthermore, BullionVault’s transparent pricing and low commissions make it an attractive option for investors looking to invest in precious metals for the long term.

Opening an account on BullionVault

Opening an account on BullionVault couldn’t be easier – with just a few simple details, anyone can sign up in just two minutes. And the best part? New customers receive a trial four grams of silver and a small amount of cash to start investing in physical gold, silver, and platinum. Funding the account is just as simple, with users able to deposit funds in just a few hours. There’s no obligation to trade, giving users plenty of time to familiarize themselves with the platform’s features and tools. With fast and easy account creation and funding capabilities, BullionVault is an accessible and user-friendly platform for anyone looking to invest in precious metals.

Trading options and features on BullionVault

BullionVault offers a variety of trading options and features for users to manage their precious metals investments. Users can buy and sell gold, silver, platinum, and palladium at any time, with no minimum purchase requirement. The platform offers live prices and advanced chart tools to help users make informed trading decisions. Additionally, BullionVault offers options such as limit orders and stop loss orders to protect users from market fluctuations. Users can also choose to convert their bullion holdings to different precious metals or currencies. With its user-friendly interface and comprehensive trading options, BullionVault is a reliable platform for individuals looking to invest in precious metals.

Customer reviews and ratings of BullionVault

BullionVault has garnered mixed reviews from its customers, with a rating of 1.5 stars out of 2 reviews. However, the website has a total of 19 reviews with a rating of 3.69 stars, indicating that many customers are generally satisfied with their purchases. The company has replied to all negative reviews, indicating a willingness to address customer concerns. While there are other online gold dealers available, many reviewers commend BullionVault for its excellent customer service and high level of security. The company’s fees, derived from spreads, commissions, custody fees, and interest receipts, may be higher than some competitors, but customers appreciate the ability to trade various products and buy them using their currency. Overall, BullionVault remains a viable option for those looking to buy and store bullion.

Is BullionVault a good choice for buying and storing bullion?

After reviewing all the aspects of BullionVault, it can be concluded that BullionVault is a great platform for buying and storing precious metals. With its excellent security measures, transparent pricing structure, and extensive trading options, it provides a reliable and secure marketplace for gold and silver investors. Moreover, BullionVault offers storage in five different locations, making it more accessible and convenient for traders. Its customer reviews and ratings are also high, reflecting the trust and satisfaction of its users. Overall, if you’re looking for a stable and dependable platform for buying and storing bullion, BullionVault is definitely worth considering.