Today we take a look at an investment site named Gold Broker. What is Gold Broker all about? What is it you will invest into, is it only gold? Will it be something for you or not? This one will be interesting! Ok, here we go!
Company: Gold Broker
Founder: Fabrice Drouin Ristori
Price: Depends on how much you invest (minimum order starts at $5,000)
Who is it for: Investors that are looking to buy Gold, Silver, Platinum or Palladium in the form of bars or coins.
Overall rating: (4.5 / 5)
What is Gold Broker about?
Goldbroker.com is not a brand new website, it has been online since 2011 and has gained a great reputation among investors all around the world. In short, the website allows you to invest in gold, silver, platinum, and palladium in the form of bars and coins.
(History and founder)
The founder Fabrice Drouin Ristori is a French Investor, who graduated from Kedge Business School in France in 2004. After that, he moved to Malta where we started out in the online gaming world with 2 companies that he later sold and started his own private investment company named FDR Capital Ltd.
This was the start of his Investor career and that lead him to start this successful company that investors love!
What made this company different from its competitors (as there were other storage companies at the time) was that it offered it´s Investors a solution to store gold and other precious metals in their own name without any exposure to intermediation risks. This was something that the other storage companies didn´t have and explain the great success Fabrice had with his new company.
It is still one of the very few storage companies that offer direct storage of physical gold and other precious metals.
That means that the clients have a storage account opened in their own name and that Goldbroker.com doesn´t store for its clients.
How Does it Work?
What you do first of all is to create your free account on their website.
The website is very user-friendly and easy to understand, the process to start investing is very simple and explained in 4 steps. (Se picture below)
As you can see it is not a complicated process at all to invest in this company. You can see the Picture above bigger and also sign up for a free account by clicking on it.
What happens next?
Want to feel your Gold and Silver in your Hands?
As I mentioned above you can store your gold, and silver in your own name or you can also get it delivered to your door if you want to store it yourself in some safe or some other place. If that is something you want there are no shipping fees for the delivery if you are living in the United States.
International shipping rates depend on final destination and also on the weight.
You can ask on the website how much it would be in your particular case. Click here to come to the site.
Can you sell back to the Company later on?
Yes, you can! If you for some reason want to sell your precious metals back to the company you purchased it from in the first place they will gladly buy it back from you.
How does that work?
If you want to sell back gold (or any other precious metals) that are stored for you the company takes a 1% Commission (with a minimum of $75).
If you want to sell back any of your precious metals in the form of coins, the company will buy it back between 1% and 11% ABOVE spot price without any other commission.
The factor that will decide the percentage is the condition your coins will have, so a good idea will, of course, be to keep them in the best condition…
So… Try to resist the temptation to swim in your coins and throwing them in the air letting them rain down on you 🙂
Does GoldBroker offer IRA service? Yes, they do, if you are interested in that click here.
Can anyone from any country invest?
The countries allowed are listed on the website, there was too many to write them all here but you can see that on their website.
Gold Broker a Scam or Legit?
As we always do when we write a review on this site (StartMakeStopWaste.com) we make sure to provide you with red flags of programs.
So, is Gold Broker a scam or a legit site? It is, of course, legit, Everything is transparent with the program and as mentioned earlier they do not store your physical metals for you, you do that yourself in YOUR name.
However, this is not the only proof that the site (company) is legit.
It has gotten 5 out of 5 starts from real users reviews and also earned a 5 out of 5 stars rating from the well known Trust Pilot.
So you can be sure that this is a safe investment site if it wasn´t it would not have survived online for that many years that it has, it was launched in 2011.
Why Should You/Should Not Invest?
As always I do not recommend everyone to invest, it requires you to have some money to invest of course and if you are someone that struggle from month to month with bills and plan to invest your “grocery money” into buying gold (or any other investment) I would not recommend you to invest. Please DO NOT do that.
However, if you got money to invest and maybe even are looking for something safe and stable to invest into then I would say that gold (and other precious metals) is probably your best option.
This is not my personal discovery but rather a historical fact. Gold has always been and will always be a smart investment as when paper money loses it´s worth gold WILL rise.
It can also be wise to act now as we are heading towards an economic recession very soon. History has proven it to occur every 7-9 years so it is just around the corner. Experts have predicted this one to be the worst ever… Are you prepared for that? Will you lose your business? Will you lose your house? Will you be able to provide for your family when it strikes?
If you are sitting on gold (instead of money in the bank) you will be in a far better position.
Final Words and Verdict
Overall rating: (4.9 / 5)
I think I have made my point pretty clear on this one, this is a hundred percent legit investment company that allows you to invest in gold, silver, platinum, and palladium.
Your investments are physical from investments that you will store in your own name.
This feature is rare in the gold storage industry and something that I absolutely understand why people appreciate. It is of course also one of the reasons for the high rating given.
As always it is up to you but if you are looking for a great investment and want to play it safe then I cannot come up with a better alternative than investing in gold, silver or maybe even into any of the other precious metals available to buy by using the service of the GoldBroker company.
Hope you found this review of Gold Broker to be helpful and now you should have a better understanding of what it is and if it is something for you or not. If you are an active investor please feel free to share your experience in the comment section below! Also, if you got any questions about this post I will be more than happy to answer them below.
I wish you success
Founder of: Gold Retired
- Great alternative for the investor that is on a lower budget
- 100% Transparent
- Good amount of positive reviews online
- Good and informative website
- Not many alternative investment options
- No live chat on their website