On this page we give you a simple GoldBroker review. Other websites can at times give way too much information that you end up with information overload. We like to keep our reviews simple, so here is our ‘simple but factual GoldBroker review.
Credibility:FDR Capital, also known online as Goldbroker.com who do specialize in actual bullion ownership and are in fact recognized as one of the leading international gold brokers. So if you are looking to invest in metals, other than for an IRA, you may want to consider them.
FDR Capital / Goldbroker.com was founded by entrepreneur Fabrice Drouin Ristori. They provide 100% physical ownership of silver and gold, which means they do not offer mutual or fractional ownership.
Also, what makes Goldbroker one of the leading metal providers around, is the fact that one of their board members is Mr Egon Von Greyerz. Mr Von Greyerz is the founder of Matterhorn Asset Management and is recognized within the financial sector as one of the top 5 gold fund managers worldwide.
Goldbroker.com is one of the very few companies that offer direct storageof physical gold and silver.
“Direct storage” means that our clients have a storage account opened in their own name and that Goldbroker.com doesn’t store for its clients. So there is no exposure to intermediation risks in terms of storage for our clients. A storage contract is signed in between our clients and the secured storage company we partnered with, Malca Amit. This proves that first our clients store in their name and second, that their identity is known by the storage company. » Fabrice Drouin Ristori.
So when it comes to storing your gold purchases it is done in secure warehouses in Switzerland, The US, Canada and Singapore. Additionally, storage in Switzerland is within a VAT Free zone, so you do not pay value-added tax on your purchases. The storage company who keep hold of your items is independent of FDR Capital so there is no confusion over who actually owns the gold.
Benefits of investing in gold through FDR Capital / Goldbroker.com are:
You can buy physical gold and silver in bar and coin form
You have complete ownership of the purchase
You hold all stock in your own name with each purchase having its own unique serial number
All storage partners are fully insured for your safety
You can inspect your purchase at any time
You can have home delivery once you have completed 1 years minimum secured storage
It is stored in a VAT free zone
There is no exit penalty whenever you wish to sell
Minimum Investment amount: $5,000 minimum quantity of gold or silver
Do They Buy Back?: They do offer a selling service where you can sell to them precious metals. You forward them a sell order by using the secured messaging service that is on your account. When GoldBroker have received your sell order they then send you a document to be signed to order the release of the products from the vaults.The resale price is based on the spot price at the time of the transaction.
Goldbroker was founded by entrepreneur Fabrice Drouin Ristori. He graduated from Kedge Business School in France in 2004 when he then moved to the Mediterranean island of Malta where he started two companies that specialized in the online gaming sector.
he went on to sell both companies and then he started his own private investment company, FDR Capital Ltd.. In 2008 the company started to invest in physical gold and silver.
In April 2011 Mr Ristori launched Goldbroker.com. The purpose was to create a solution for investors where they could store precious metals in their own name without any exposure to intermediation risks. With Goldbroker.com, clients have a direct legal relationship with the storage company thus removing counterparty risk at the storage level.
Well-known gold fund manager and founder of Matterhorn Asset Management, Egon von Greyerz joined the Board of directors and became a shareholder of Goldbroker.com Europe in 2012.
Goldbroker.com then expanded rapidly on the European markets, with a 250% growth rate of its turnover in five years, before opening an office in New York in 2015.
Things To Consider
GoldBroker are a relatively new player in the gold investment market, however, there are very few companies that have the backing and reputation as GoldBroker do. With one of the world’s leading gold fund managers on the board of directors the direction and future of GoldBrokers is in good hands. With Goldbroker also offering storage outside of value added tax zones, this benefit puts them ahead of many other precious metal providers.
Platform Ease of Use
Selection of Precious Metals
Overall Score - Pros & Cons
International storage across the globe
Storage outside VAT zone
Complete ownership of purchase
Backed by leading experts
Secure online trading platform
Limited selection of coins and bullion
No figures on amount of precious metal held by clients
Please note that the content on this website does not constitute financial advice and should not be taken as such. The owner of this site may be paid to recommend Regal Assets or other companies. The content on this website, including any positive reviews of Regal Assets and any other reviews, may not be neutral or independent. It is advisable to always speak to a certified financial advisor before making any investment decision.