Do BullionVault’s products and services live up to the company’s claims? Is it a legitimate company or just a scam? Let’s find out the truth in this in-depth BullionVault review.
Table of Contents
- 1 What Is BullionVault?
- 2 Does BullionVault Offer Gold or Silver IRAs?
- 3 BullionVault Products
- 4 Company Info
- 5 Location:
- 6 Address:
- 7 Year Founded:
- 8 CEO:
- 9 Website:
- 10 Pros of BullionVault
- 11 They Provide a Professional Platform
- 12 No Minimum Purchase Amount
- 13 Accepts All Countries
- 14 A Wide Selection of Products
- 15 Cons of BullionVault
- 16 Lacks Precious Metals IRA Services
- 17 Unsuitable for Newbie Investors
- 18 Unsuitable for Americans
- 19 Is there a Better Alternative to BullionVault?
- 20 Customer Reviews & Ratings
- 21 Is BullionVault Legit or a Scam?
- 22 BullionVault Alternatives
- 23 BullionVault Review- Conclusion
What Is BullionVault?
BullionVault is a precious metals dealer based in London, United Kingdom. Since its founding in 2003, the company has grown to become one of the largest bullion companies in the world, offering professional investors a unique trading platform for gold, silver, and platinum. This company accepts investors of all experience levels; whether you are a novice or a seasoned investor, BullionVault will not discriminate against you. However, due to the complexity of their platform, it is unlikely that novice investors will find it simple to invest with them.
BullionVault has over 50,000 active customers from over 175 countries worldwide. They possess more than two billion dollars in gold and silver bullion with an estimated net weight of 465 tons. This indicates that they possess larger reserves than the majority of central banks worldwide.
Does BullionVault Offer Gold or Silver IRAs?
Unfortunately, BullionVault is not an American company and therefore does not offer Gold or Silver Individual Retirement Accounts (IRAs). This means you must seek elsewhere if you wish to establish a precious metals IRA. Essentially, they provide a platform for profit-seeking individuals. They have no interest in safeguarding your retirement with a gold or silver IRA. Consequently, if you wish to convert your IRA or 401k to precious metals, our top-rated Gold IRA Company is your best option. Learn more about it here.
BullionVault is one of the few precious metals companies that offer access to the professional precious metals market to investors of all experience levels. The company admits all levels of investors, and there is no minimum purchase requirement for its products. BullionVault deals primarily in gold, silver, and platinum coins and bars, but numismatic coins can also be found among their vast collection of products.
London, United Kingdom
3 Shortlands (7th floor)
Pros of BullionVault
They Provide a Professional Platform
BullionVault provides a professional marketplace for investors of all experience levels and nationalities.
No Minimum Purchase Amount
It is possible to invest as little as $1 in precious metals. There is no minimum purchase requirement.
Accepts All Countries
The company admits investors from all nations without discrimination or restriction.
A Wide Selection of Products
You can choose from an extensive selection of bullion bars, coins, and even rare coins.
Cons of BullionVault
Lacks Precious Metals IRA Services
They do not offer Gold or Silver IRA rollovers, which is a significant disadvantage if you wish to safeguard your wealth.
Unsuitable for Newbie Investors
Their platform is too complex for inexperienced investors. If you are unfamiliar with investing in precious metals, you should first familiarize yourself with the platform. If you invest without sufficient knowledge of their systems, you may lose money.
Unsuitable for Americans
Different laws, currencies, and time zones make this foreign company unsuitable for U.S. investors.
Is there a Better Alternative to BullionVault?
Yes, our top-rated precious metals company offers a user-friendly platform for those who are new to precious metals investments. Additionally, they offer gold and silver IRAs for those who desire to protect their assets. Click the link below for more information on them.
Customer Reviews & Ratings
Let’s take a quick glance at online BullionVault reviews. BullionVault is not accredited by the Better Business Bureau but has a rating of 1 out of 5 stars on the platform based on 1 customer review and 1 complaint. On Trustpilot, the company has a 4.7/5 star rating based on 2,234 customer reviews, whereas, on Business Consumer Alliance (BCA), they have a AAA rating (the highest attainable rating by BCA, despite having no customer reviews with the platform). They have no ratings or reviews on Yelp, Trustpilot, or Trustlink.
Is BullionVault Legit or a Scam?
BullionVault is legitimate and not a scam. They’ve been in business for over a decade and have a physical address.
BullionVault Review- Conclusion
This brings us to the end of our BullionVault review. BullionVault provides a unique and vast bullion market for investors around the globe, but the company also has disadvantages. Their platform, for example, is too complex for neophyte investors. The platform appears to favor experienced investors who are familiar with the intricacies of purchasing and selling bullion. Due to differing currencies, time zones, and laws, the company does not favor American customers. In addition, BullionVault does not offer Gold and Silver IRAs, which is a major setback for those who wish to safeguard their retirement funds.