Welcome to my Gold Broker Review.
Are you looking for a reliable and good precious metals company? Then you probably found Gold Broker along the way.
But to make things sure, you must do your research first. In this Gold Broker Review, you will find out everything you need to know about the company.
Is it legit or a scam? Here is the answer.
Gold Broker Review Quick Summary
What is Gold Broker?
Goldbroker.com is a website where you can invest in gold, silver in bars or coins.
This website isn’t new to this industry, it has been around since 2011. Since then, it progressed and made its way to the top. It is now one of the most reputable broker websites around the globe.
Company's History and Owner
Gold Broker was founded by Fabrice Drouin Ristori. He graduated from Kedge Business School in France and is now a French investor.
He moved to Malta after he finally graduated and he got into the world of online games with two companies which he sold not long after.
He then began his own company named FDR Capital Ltd., it was a private investment company. That was his first step to success, it was his first leap towards his current successful company.
At that time, there were normally other competitors, but what made Ristori’s company stand out from the rest was its unique offer to investors.
Other storage companies had nothing like it and that’s why his company was a step ahead of others.
In his company, you are given the solution to deposit precious metals in your own name without worrying about the intermediation risks. It still remains as one of the companies that offer direct storage services.
Gold Broker Products and Services
Gold Broker provides gold and silver in forms of bars and coins. Moreover, it provides storage services, as well as IRAs.
The 4 storage locations are New York, Toronto, Zurich and Singapore Freeport. The company's storage partner is Malca-Amit.
You can check out the company's rates right here.
How does it work?
Goldbroker.com is very easy to navigate and very easy to understand.
Your first step is to make a free account and carry on with the investment. Investing in their website is as easy as four simple steps.
Can you sell back to Gold Broker?
Yes, if you think reselling your precious metals back to the company is possible, then you are most definitely right, you can sell it back to the company.
Gold Broker will take away 1% of the commission with a minimum of $75 if you decide to resell your precious metals that are stored in your name.
However, if you want to resell in the form of coins, the company will buy it for 1% to 11% above the spot price, with no commission included.
If you want to sell it back in coin form, look after it with care and maintain it in its best condition. The reason why is the percentage will vary according to the state of your coins.
Gold Broker Ratings and Reviews
Below are the ratings and reviews of Gold Broker.
- BBB - Not rated, not BBB accredited, no reviews and complaints
- Yellow Pages - Not rated
- Trustpilot - 4.7/5 based on 32 reviews
As you can see, Gold Broker lacks ratings and reviews. Even though it is listed in BBB and Yellow Pages, the company is not rated.
This is a downside considering that other precious metal companies have good ratings and reviews online.
Gold Broker Pros and Cons
- Good products
- Has IRA services
- Website contains helpful information
- Has storage services
- Lacks ratings and reviews
- Not BBB accredited
Is Gold Broker a scam?
Let's conclude this Gold Broker Review with my final verdict.
Looking at the years that the company has been running, it’s enough to say that it is indeed legit. It would not last for how many years if it was a scam.
However, if you are the type of investor who prefers a company with good ratings and reviews online, then Gold Broker may not pass for you.
It currently does not have enough ratings and reviews. If you wish to know the best precious metals company, check out my top recommendation below.
Thank you so much for reading my Gold Broker Review! If you have any comments or questions, fee free to leave them in the comments section.