GoldBroker Review 2024
Disclosure
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.In a Nutshell: GoldBroker, founded by Fabrice Drouin Ristori, is an online platform that allows individuals and corporations to buy and store physical gold and silver in their own names. The company offers competitive prices for a wide range of precious metal products including gold bars, silver bullion bars, and a selection of coins. The secure storage services at GoldBroker are provided by Rhenus Logistics, their storage partner, while outright ownership ensures clients have direct and personal access to their stored assets.
With its commitment to transparency and customer satisfaction, GoldBroker has built a strong reputation in the gold market. It is rated 4.6/5 stars on Trustpilot and is considered a reliable platform for investing in physical gold and silver.
However, potential investors often wonder if GoldBroker is a trustworthy platform for their precious metal investments. This GoldBroker review aims to answer just that.
| Service Type | Fees | Promotion |
|---|---|---|
| Gold & Silver Brokerage Services | Varies | Special discounts for new investors |
- Enables outright ownership of physical gold and silver.
- Storage services in secure, non-bank vaults provided by Rhenus Logistics.
- Competitive prices for gold bars, silver bullion bars, and a selection of coins.
- Transparent fee structure with no hidden costs.
- Storage account maintenance fees can add up over time.
Table of Contents
What is GoldBroker?
GoldBroker is a leading precious metal dealer and storage service provider, founded by Fabrice Drouin Ristori, and operated by parent company FDR Capital LLC. The platform enables investors to buy, sell, and store physical gold and silver, offering a seamless experience for precious metals investing.
GoldBroker maintains a solid partnership with Matterhorn Asset Management AG, a leading fund manager in the precious metal industry, to offer competitive prices for gold bars, silver bullish bars, and a selection of coins. They ensure outright ownership, meaning the investor directly owns a specific quantity of gold or silver, providing a sense of security for the client.
To ensure security and confidentiality, GoldBroker provides storage services through its partner Rhenus Logistics, a world leader in logistics and high-quality services. With storage facilities in Switzerland, Singapore, and the United States, GoldBroker ensures the safety of your investments while providing access whenever needed.
External GoldBroker Reviews & Ratings
| Site | Rating | |
| 4.9 from 71 reviews | ||
| Trustpilot | 4.8 from 40 reviews | |
| Gold Dealer Reviews | 4.7 | |
| Google Play | 4.3 from 134 reviews |
Here are some reviews from traders who have experienced the platform firsthand:
How Does GoldBroker Work?
Investing in precious metals through GoldBroker is straightforward. The online platform allows users to create an account, make a minimum investment (usually a few ounces of gold or silver), and purchase gold bars, silver bullion bars, or coins at competitive prices. The platform displays live prices, ensuring transparency and helping users make an informed investment decision.
Once the purchase is confirmed, GoldBroker coordinates with Rhenus Logistics for storage. Users have the option to choose their storage facility from the options available, and the precious metals are transported to the chosen location. Each client has a dedicated storage unit, and the metals are stored in the client’s name, guaranteeing outright ownership.
GoldBroker also offers a Gold IRA Rollover service, allowing investors to transfer their existing IRA into a self-directed Gold IRA. This provides an excellent opportunity for investors looking to diversify their retirement savings.
Who is GoldBroker Best For?
GoldBroker is ideal for:
1. Precious Metal Investors: Those looking to invest in physical gold and silver would find GoldBroker an attractive platform. With competitive prices, a wide selection of products, and secure storage services, it’s a robust platform for precious metals investing.
2. Retirement Savers: Individuals planning for retirement and looking to diversify their portfolio would benefit from the Gold IRA Rollover service offered by GoldBroker. It provides an opportunity to safeguard retirement savings against market volatility.
3. Risk-Averse Investors: GoldBroker is a good choice for investors looking for a safe investment. Given that precious metals typically perform well during economic downturns, GoldBroker is a secure platform for those looking to mitigate risk.
What are The Benefits?
Opting for GoldBroker as your precious metal brokerage and storage service comes with several benefits:
1. Outright Ownership: GoldBroker allows outright ownership of the precious metals, providing the investor with complete control and access to their assets.
2. Competitive Prices: The platform offers competitive prices for gold bars, silver bullion bars, and coins, making it an attractive choice for investors.
3. Secure Storage: GoldBroker guarantees secure storage of precious metals with their storage partner, Rhenus Logistics. Their non-bank vaults ensure the safety of the assets.
4. Transparent Fee Structure: The platform offers a transparent fee structure. This includes a commission fee (which depends on the order amount) and an annual storage fee, ensuring there are no hidden costs.
Limitations of GoldBroker
Despite its many advantages, GoldBroker also has a few limitations:
1. Storage Account Maintenance Fee: GoldBroker charges a storage account maintenance fee, which can add up over time, especially for long-term investors.
2. Limited Physical Office Locations: GoldBroker operates mainly online. While they offer excellent online support, the lack of physical locations may be a disadvantage for some investors.
Trustpilot Reviews: Testimony of Reliable Service
Trustpilot reviews provide valuable insight into GoldBroker’s services. With an average rating of 4.8 out of 5 stars, GoldBroker has many positive reviews, highlighting the platform’s reliability, excellent customer service, and user-friendly platform.
Final Thoughts
GoldBroker stands out as a robust platform for buying, selling, and storing physical gold and silver. Their corporate vision of ensuring outright ownership, coupled with secure storage services and competitive pricing, makes GoldBroker an attractive option for precious metal investors.
While the storage account maintenance fee is a potential drawback, the benefits offered by GoldBroker could make it a worthwhile choice for those seeking to invest in precious metals or diversify their portfolio.
In this GoldBroker review, we find it to be a reliable and user-friendly platform worth considering for anyone interested in precious metal investments. However, as with all investment decisions, prospective users should consult with a financial advisor or conduct their own research before investing.
Click here to get started today.
Frequently Asked Questions
In addition to the detailed review, we understand that potential investors may have additional questions about GoldBroker. Below we have compiled a list of frequently asked questions to provide further clarity.
The minimum investment required on GoldBroker is equivalent to a few ounces of gold or silver. However, the exact amount may vary depending on the prevailing market prices for these precious metals.
Yes. GoldBroker allows for the withdrawal of your precious metals from the storage facility. It’s one of the benefits of having outright ownership of your gold or silver. However, note that there may be logistics and insurance costs associated with transporting the metals, depending on the amount and the location.
Yes. GoldBroker ensures that all stored precious metals are fully insured against risks such as theft, damage, and loss. This insurance is included in the annual storage fees charged by GoldBroker.
GoldBroker offers a high level of security for its users. The platform uses advanced security protocols to protect user data, and the precious metals are stored securely in vaults provided by Rhenus Logistics. Additionally, all assets are fully insured.
Yes. If you wish to liquidate your investment, GoldBroker offers a buy-back option. You can sell your gold or silver back to them at competitive rates based on current market prices.
Yes, GoldBroker provides services to clients around the world. Non-U.S. residents can open an account and invest in precious metals with GoldBroker. Note that specific terms and conditions may apply based on your country of residence.
Please remember, while we’ve tried to answer common questions about GoldBroker, potential investors should always conduct their own due diligence.
Related Precious Metals Reviews:
https://goldbroker.com/
https://goldbroker.com/bullion/buy-gold
https://goldbroker.com/bullion/buy-gold/gold-bars
https://goldbroker.com/bullion/buy-gold/gold-coins
https://goldbroker.com/bullion/buy-silver
https://goldbroker.com/bullion/buy-silver/silver-bars
https://goldbroker.com/bullion/buy-silver/silver-coins
https://goldbroker.com/secure-storage
https://goldbroker.com/charts/gold-price
https://goldbroker.com/about-us