When reading the information below, please bear in mind that the gold dealer Goldbroker.com can change its sales conditions at any time. Even though we will make every effort to reflect up-to-date information, we cannot guarantee the accuracy, reliability, completeness or timeliness of the information contained underneath. This website is not responsible or liable in any way for the actions of its readers.
The Goldbroker.com website is maintained by the corporation FDR Capital Ltd. that is registered in the European country of Malta. GoldBroker.com sells gold and silver bullion bars and coins which will be stored outside the banking system at a secure storage facility in Zurich (Switzerland), Toronto (Canada), New York or Singapore. The storage provider is independent from GoldBroker.com. The secure storage company directly issues the ownership certificate mentioning the name and serial number of the bullion bars owned by the client. Customers can choose to have their holdings shipped to their home. The large minimum investment of either 15 oz of gold bars, 20 gold coins of 1 oz, 1000 oz of silver bars or 1000 silver coins of 1 oz makes GoldBroker.com suitable for big-budget investors.
The opportunity to discreetly store all purchased gold and silver bullion offshore outside the banking system is one of the main draws of GoldBroker.com. That substantially reduces the risk of government confiscation and bank defaults. The company is run by two esteemed individuals with lots of experience in the precious metals industry. The first one is Fabrice Drouin Ristori who serves as the CEO of both GoldBroker and its parent company FDR Capital. Egon von Greyerz is the man pulling the strings in the background.
The gold dealer GoldBroker.com charges commissions for the buying of the offered gold and silver bullion products as well as for the annual management (which includes storage) of the accumulated holdings. Quantity discounts are available when ordering certain products.
Gold Bars: 2.5% (when buying 15 oz - 49 oz) or 2% (50 oz - 199 oz)
Silver Bars: 3.7% (when buying 1,000 oz - 6,499 oz) or 3.2% (6,500 oz - 9,999 oz); 6% for 100 oz silver bars
Gold & Silver Coins: 5% (for American Gold Eagles and South African Gold Krugerrands)
6% (for the Canadian Gold Maple Leafs)
12% (for the Canadian Silver Maple Leafs)
14% (for the Austrian Silver Philharmonics)
18% (for the American Silver Eagles)
Gold Coins & Bars: 1.5% - min. US$ 137 - (when buying 15 oz - 49 oz) or 1.25% (50 oz - 199 oz)
Silver Coins & Bars: 1.5% (when buying 1,000 oz - 9,999 oz)
The annual management and storage fees are applied on the total value of the investor's holdings. The fees include: storage of the investment in a secured warehouse, secure transportation, insurance of the investment, issuance of a certificate of ownership in full name, customs clearance as well as administrative fees for the management of the investor's account.
All management and storage fees for the first year have to be paid in advance. From the second year on, invoices will be issued every 3 months.
In addition to that, GoldBroker.com charges fees of US$ 413 if the customer requests a stock inspection of his/her holdings at the secure storage vault in Zurich or Singapore. Home delivery of the gold and/or silver holdings incurs fees as well (depending on the destination).
Customers first have to open an investor account with GoldBroker.com online, which then has to be verified by providing a passport copy, proof of residence and a copy of their banking coordinates. Funds can then be transferred via bank wire to credit the investor account. Upon reception of the wire transfer, gold and silver purchases can be initiated online. The minimum investment is either 15 oz of gold bars, 20 gold coins of 1 oz, 1000 oz of silver bars or 1000 silver coins of 1 oz. The purchased precious metals will be stored in secured vaults in Zurich (Switzerland) or Singapore. The investor has to sign a contract with the secure storage provider, which will issue an original certificate of storage in the investor's name, showing the serial numbers of the owned precious metal bars. Investors can go to Zurich and/or Singapore to personally verify their holdings and make partial or complete withdrawals. Employees from GoldBroker.com don't need to be present for that as the gold and silver is directly owned by the investor.
GoldBroker.com exclusively accepts the payment via bank transfer after verification of the investor's account has been completed.
GoldBroker.com will initiate the shipment of the purchased gold and silver directly to the secure storage facility in Zurich or Singapore. Investors can request to have their gold and silver shipped to their home from there. A quotation for the applicable shipment rate has to be requested in that case.