OneGold Vs. BullionVault

Gold investing used to mean bank visits and paperwork mountains. Not anymore. I recently jumped into the digital gold rush, splitting my time between OneGold and BullionVault to compare their real-world performance.

My thorough analysis revealed surprising differences in fees, transfer speeds, and actual investor control. I’ll show you exactly which platform earned my trust—and might be the smartest place for your investment dollars.

Quick Overview

What is OneGold?

OneGold serves as your digital gateway to precious metal ownership, offering seamless access to gold, silver, and platinum investments.

You can think of it as your virtual vault, eliminating the need for physical storage while maintaining real ownership of precious metals.

For those seeking the security of precious metals without storage concerns, OneGold provides an ideal solution.

The platform emerges from a partnership between APMEX and Sprott, established industry leaders with proven track records in precious metals management.

Your digital metals receive protection from renowned security providers like Loomis and the Royal Canadian Mint.

The platform’s credibility stands reinforced by positive customer reviews and an excellent Better Business Bureau rating, demonstrating widespread trust among investors.

Consider OneGold as your personal key to a secure vault, allowing you to build your precious metals portfolio with confidence.

Why Choose OneGold?

OneGold functions as your knowledgeable companion in precious metals investing, offering several compelling advantages.

• Backed by Real Metal: Your digital purchases directly correspond to physical metals stored securely.
• Store Anywhere: Select storage locations across the USA, Canada, U.K., or Switzerland.
• Easy Investing: Create automated investment plans with customizable schedules and amounts.
• Trade Anytime: Enjoy round-the-clock trading flexibility.
• See What You Own: Access real-time portfolio monitoring through online platforms.
• Get Physical: Convert digital holdings to physical metals through APMEX delivery.
• Save Money: Benefit from lower costs compared to direct physical purchases.
• Trusted Partners: Rely on the expertise of industry leaders APMEX and Sprott.

Begin your investment journey within minutes on this user-friendly, secure platform designed to streamline precious metal investing.

What is BullionVault?

BullionVault, established by Paul Tustain in 2005 under Galmarley Ltd, provides a secure platform for gold investment and storage.

The company maintains secure storage facilities across London, Zurich, and New York, managing approximately 30 tons of gold as of mid-2012.

Operating under UK jurisdiction, BullionVault functions outside FSA regulations due to its focus on physical gold rather than financial instruments.

The platform offers allocated storage, meaning your gold remains your property while stored in their facilities, with competitive storage fees. All gold meets high-quality standards and remains fully allocated under your ownership.

BullionVault’s growth trajectory began with $500,000 initial capital in 2003. By 2005, additional funding enabled gold acquisition and trading operations. Revenue streams include trading fees and storage charges.

Their industry recognition includes royal awards for innovation, and they maintain transparent financial reporting.

The platform serves over 100,000 clients across 175+ countries, managing approximately $4.1 billion in precious metals.

Strong financial positioning, primarily in gold and cash assets, received further enhancement through major institutional investment in 2010.

Their 2017 market expansion included platinum offerings, establishing them as a comprehensive precious metals investment solution.

Why Choose BullionVault?

Precious metals investment often seems challenging for newcomers. BullionVault offers solutions that make this venture more accessible for potential investors.

• Ease of Access: Premium gold deals typically involve substantial bars requiring significant capital, making it challenging for average investors. BullionVault transforms this landscape by enabling fractional ownership of bars or complete purchases based on your financial capacity. This approach provides access to competitive pricing without requiring enormous capital.
• Fair Prices: BullionVault ensures investors trade at market rates, matching institutional pricing, and guaranteeing equitable transactions for all participants.
• Safe and Yours: Your precious metal investments remain secure and insured, maintaining legal ownership throughout your investment period.
• A Big Player: Managing £3.3 billion in assets, including £2.4 billion in gold, BullionVault stands as a dominant force in online precious metals trading. Their substantial holdings exceed many national reserves.
• Flexible and Quality Deals: The platform accommodates various investment sizes with minimal transaction fees, ensuring value for money. Quick liquidation options provide next-day access to funds.
• Keep More Money: Competitive fees for transactions and storage maximize investment returns.
• Deal Directly: Peer-to-peer trading capabilities eliminate intermediaries, potentially reducing costs.
• Trade Anytime, in Any Currency: Round-the-clock trading capabilities across multiple currencies provide convenience and help avoid exchange fees.
• Real, Secure Investments: Physical metals stored globally in secure vaults represent tangible assets, maintained at minimal storage costs.

For those previously deterred by gold market barriers, BullionVault provides accessible, secure, and cost-effective precious metal investment opportunities for regular investors.

Comparison of OneGold and BullionVault

This comparison examines key aspects including product offerings, operational procedures, security measures, and cost structures to help inform your investment decision.

1. Products Offered

Both platforms excel in precious metals investment opportunities, each with unique approaches and offerings.

OneGold

US products encompass investment-grade physical gold, silver, and platinum, stored and insured within APMEX, Brinks, and Loomis International facilities, with regular auditing protocols.

Swiss products feature premium physical gold and silver housed in Zurich through Brinks, protected by Lloyd’s of London insurance coverage.

Canadian Gold & Silver options utilize Royal Canadian Mint storage in Ottawa. The Mint’s century-long expertise in precious metals custody provides robust security through insurance and audit measures.

United Kingdom Products reflect the region’s established precious metals heritage, offering traditional storage solutions for investors valuing historical market presence.

BullionVault

BullionVault enables UK private investors to access professional bullion markets, offering competitive pricing for online gold, silver, and platinum purchases.

Managing over £3.3 billion for 100,000+ clients demonstrates their substantial market presence and trustworthiness.

Storage solutions through BullionVault present numerous advantages. They maintain facilities across major global locations including London, Zurich, and New York.

Their substantial market presence enables negotiated reduced storage rates, including insurance coverage, providing cost-effective security solutions.

BullionVault offers remarkable flexibility. Users can liquidate metals without penalties, receiving funds the next business day. Physical possession options remain available.

Account creation remains free and obligation-free. New users receive complimentary 1/8 oz silver upon registration.

These services merit consideration for precious metals investment. Both OneGold and BullionVault provide diverse, secure metal investment pathways.

2. How Does Each Company Work?

For potential investors considering precious metals allocation, here’s how these platforms simplify metal acquisition and storage.

OneGold

OneGold simplifies precious metals investment, making it accessible for novice investors while maintaining professional standards.

Your Journey with OneGold:

1. Sign Up: Free registration requires minimal effort.
2. Exploring: Browse available metals and storage options.
3. Funding: Choose between pre-funding or purchase-time payment.
4. Buying: Purchase metals at market rates anytime.
5. Storing Safely: Secure, insured storage provides peace of mind.
6. Physical Metals: APMEX facilitates physical delivery when desired.
7. Selling: Continuous trading availability.
8. Cash Out: Straightforward withdrawal process.

OneGold simplifies precious metals investment, offering flexibility and security throughout your investment journey.

BullionVault

BullionVault specializes in facilitating direct precious metal investments with streamlined portfolio management capabilities.

Your Journey with BullionVault:

1. Signing Up: Complete the verification process with personal information.
2. Adding Money: Transfer funds from personal accounts.
3. Buying Metal: Select metals at market prices plus nominal fees.
4. Storing: Choose from global vault locations.
5. Ownership: Daily ownership verification ensures security.
6. Selling: Efficient liquidation process.
7. Getting Cash: Flexible options for withdrawals or reinvestment.

BullionVault maintains transparency and efficiency, empowering users with comprehensive control over precious metal investments. Their platform emphasizes user control and investment visibility.

Both platforms offer unique approaches to precious metals investment, catering to various investor preferences and experience levels. They serve as reliable partners, ensuring confident investment management and portfolio security.

3. Services Offered

Both have their special services that might make them more appealing depending on what you are looking for in an investment.

Let’s examine them closely!

OneGold

OneGold’s innovative tools and programs transform your investment experience. Here are the key services of OneGold that make it attractive for those seeking to secure precious metals like gold, silver, and other valuable assets.

1. Precious Metals IRAs

OneGold enables you to incorporate gold and silver into your Retirement Accounts (IRAs). Consider saving for retirement with enhanced security, as precious metals typically maintain their value effectively.

OneGold partners with experienced precious metal investment specialists, making it seamless to transfer existing IRA funds or establish a new account. This arrangement suits those seeking safer, steady retirement savings growth.

2. The Bullion Card-OneGold

The Bullion Card from OneGold rewards you with gold and silver through everyday purchases. You earn higher precious metal rewards when buying directly from OneGold, and the card comes without annual fees.

The initial zero-interest period makes this card appealing if you want to accumulate precious metals through regular spending.

3. AutoInvest Program

OneGold’s AutoInvest program streamlines precious metal purchases, helping build your portfolio systematically without constant price monitoring.

You control investment amounts and frequency while the program handles execution. This suits investors preferring automated management while growing their holdings.

4. AutoInvest Calculator

This tool helps project investment performance over time. Input various scenarios to understand potential outcomes and align investments with financial objectives. It’s valuable for strategic planning and goal setting.

5. OneGold Mobile App

The mobile app provides secure investment management with real-time market updates and flexible portfolio adjustments. This tool suits active investors who value convenience and immediate access to their investments.

6. Physical Redemption

Through the APMEX partnership, OneGold offers the conversion of digital investments into physical gold and silver products.

This feature appeals to investors wanting tangible assets or flexibility beyond digital trading. The straightforward conversion process provides peace of mind and investment versatility.

7. Switch & Save

For those considering OneGold, the ‘Switch & Save’ program offers competitive pricing on storage and transaction fees.

New customers might receive up to $1,000 back on initial purchases. This program appeals to value-conscious investors prioritizing customer service.

BullionVault

BullionVault simplifies precious metal investing with accessible services. Here are their standout offerings.

1. Regular Gold Investment Plan

This plan suits systematic gold investors building wealth gradually. You select your investment amount in dollars, pounds, or euros. BullionVault purchases gold daily at professional market rates, storing it securely in Zurich vaults.

Setup requires minimal effort – simply specify monthly bank transfers to BullionVault. The program offers the flexibility to pause or liquidate investments without complications.

Fees include 0.5% for transactions plus additional charges for currency exchanges and storage. Purchased gold appears in accounts within two business days at market prices.

2. BullionVault Promotional Offer

New investors receive complimentary gold, silver, or cash to start their journey. Account creation follows straightforward steps with comprehensive guidance available.

The promotional amount allows practical platform experience before committing personal funds. Remember to complete identity verification to maintain account status and avoid closure.

3. Live Order Board

The Live Order Board serves as a dynamic trading interface, displaying up-to-date pricing for gold and silver across various locations.

You can purchase metals in quantities ranging from a single gram to substantial gold bars, offering flexibility in your investment choices.

This feature empowers you to invest according to your comfort level, providing clear visibility of available quantities and prices, and enhancing your trading confidence.

4. Daily Price

The Daily Price mechanism operates through London banks, establishing benchmark prices for gold, silver, platinum, and palladium.

These prices are determined during London business hours and published globally, serving as a reference point for precious metal valuations worldwide.

BullionVault supports your precious metal investment journey through various features. You can opt for systematic investing through their Regular Gold Investment Plan or explore their promotional offerings to begin your investment journey.

4. Security and Insurance

When investing in precious metals, security, and insurance become paramount considerations for protecting your investments.

Both platforms provide robust security measures and insurance coverage. Here’s a detailed examination of their security protocols.

OneGold

OneGold prioritizes security through partnerships with respected institutions including APMEX, Brinks, Loomis International, and the Royal Canadian Mint.

Your metals are stored securely across facilities in the U.S., Canada, U.K., and Switzerland, subject to regular audits and verification. Specific vault locations remain confidential for security purposes.

Storage fees remain competitive at 0.12% for gold and 0.30% for silver and platinum, offering cost-effective security for your investments with comprehensive insurance coverage.

BullionVault

BullionVault offers storage options for gold, silver, platinum, or palladium in premium vaults across major global markets including Zurich, London, New York, Toronto, and Singapore.

This geographical diversity allows you to select your preferred storage location. Each facility maintains high-security standards with full insurance coverage. The flexibility to choose storage locations enhances your control over investment security.

5. Fees

Understanding fee structures for OneGold and BullionVault helps optimize your precious metal investments. Here’s an analysis of their premium, commission, and storage fees.

OneGold

OneGold maintains consistent premium rates regardless of transaction size: 0.80% for gold, 2.00% for silver, and 3.70% for platinum. Transactions incur no additional fees, allowing unrestricted buying, selling, or redemption.

Storage solutions span multiple secure locations across the US, UK, Canada, and Switzerland. Annual storage fees remain minimal at 0.12% for gold and 0.30% for other metals.

OneGold’s competitive minimum fees result in long-term cost savings compared to variable-rate competitors.

BullionVault

BullionVault implements a volume-based fee structure, starting at 0.5% for smaller transactions and reducing to 0.05% for trades exceeding $600,000. This sliding scale benefits larger transactions.

Storage and insurance fees remain competitive at 0.12% annually for gold, with slightly higher rates for silver and platinum. Insurance coverage protects against theft or damage, ensuring investment security.

Fund transfers might incur additional charges, particularly for international transactions. Consulting your bank regarding transfer fees helps avoid unexpected costs.

BullionVault maintains transparency in pricing, particularly advantageous for substantial transactions. Their detailed fee breakdown enables effective investment planning and cost management.

6. Payment Methods

When investing in gold and silver, payment options play a crucial role. OneGold and BullionVault offer various payment methods, each with unique features to consider.

OneGold

OneGold provides multiple payment options for precious metals transactions, making the process convenient.

• Wire Transfer: After initiating a deposit, OneGold provides wire transfer instructions. Direct transfers from your bank account are required, avoiding third-party services. US transfers must be completed within 2 business days, while international transfers may require additional time. Extensions are available upon request.
• Bank ACH Transfers (US Banks Only): Link your US bank account to OneGold for fee-free transfers. Plaid integration enables quick account connections. Funds require processing time before becoming available for transactions.
• PayPal/Credit Card: PayPal and credit card payments include transaction fees. Multiple card types are accepted, excluding UK-issued cards. This option suits users familiar with online transactions.

BullionVault

BullionVault offers payment solutions tailored for UK and European customers.

• Bank Transfers: Standard bank transfers are available, along with expedited bank transfers through mobile banking applications. They implement TrueLayer technology for secure transactions without direct fund handling.
• Multicurrency Options: BullionVault accommodates global investors by accepting multiple currencies, including dollars, euros, pounds, and yen.

European customers using euros benefit from cost-effective transfer options. Both platforms prioritize user convenience and security through diverse payment methods.

7. 3rd Party Reviews and Ratings

User feedback and platform reputation provide valuable insights when selecting online precious metal investment services.

OneGold

Trustpilot reviews show OneGold maintaining 4.2/5 stars from 62 reviews, indicating strong customer satisfaction. Shopper Approved presents an impressive 4.8/5 rating based on 10,578 reviews.

The Better Business Bureau awards OneGold an A rating, enhancing credibility. Their Google My Business Page displays 4.6/5 stars from 186 reviews.

These consistent positive ratings demonstrate OneGold’s commitment to customer service and reliable operations.

BullionVault

Trustpilot ratings reveal BullionVault achieving 4.7/5 stars from 2,788 reviews, suggesting excellent user experiences.

Mobile applications receive positive feedback, earning 4.8/5 on the Apple Store and 4.7/5 on the Google Play Store, with over 500k downloads. Sitejabber shows limited feedback with one review at 1.5/5, though this represents an isolated case.

While lacking BBB accreditation, Glassdoor employee reviews maintain 4.2/5 from 8 ratings, indicating satisfactory internal operations.

The predominantly positive reviews across platforms establish BullionVault as a trustworthy service provider.

Despite varying review volumes, both platforms demonstrate strong performance records, suggesting reliable options for precious metal investments. Consider individual service requirements when choosing between platforms.

Pros and Cons

Each service brings unique advantages and potential drawbacks.

Let’s examine what these platforms offer and where they might fall short!

OneGold

OneGold represents a contemporary approach to precious metals investment, backed by the respected AMPEX company. Whether you’re new to investing or experienced, this platform offers valuable features.

Pros:

• Protected Money: Your investments come with insurance coverage, providing peace of mind.
• Mobile-Friendly App: The platform offers convenient buying and selling through their mobile application.
• Trustworthy: Backed by a major player in the metals industry, ensuring reliability.
• Great for Beginners: Comprehensive resources support new investors.
• Trade Anytime: Round-the-clock trading capabilities offer flexibility.

Cons:

• Learning Curve: New users might need time to understand the platform’s features.
• Retirement Account Complexity: Retirement investments require third-party management.

OneGold streamlines precious metals purchasing with trusted industry backing. While offering numerous advantages, users should consider the initial learning period and retirement account requirements.

BullionVault

BullionVault stands out for its accessibility across all investor experience levels. Here’s what you should know.

Pros:

• Simple: User-friendly interface welcomes beginners.
• Cost-Effective: Competitive fees benefit larger investments.
• Very Safe: Strong security measures protect investments.
• Accessibility: Web and mobile platforms provide flexible access.
• Transparent Pricing: Clear fee structure eliminates surprises.
• Customer Support: A responsive assistance team is available.

Cons:

• Bank Transfer Fees: Additional charges may apply for fund transfers.
• Initial Learning Period: Platform familiarization requires a time investment.
• Premium Features: Advanced capabilities come at an extra cost.

The platform excels in transparency and support services, though users should consider potential bank fees and learning requirements.

OneGold provides insurance and beginner-friendly features, while BullionVault emphasizes simplicity and security.

Both platforms have considerations like fee structures and learning curves. Understanding these factors helps align your choice with your investment goals.

Which Company is Better for You?

Your choice between OneGold and BullionVault depends on your investment preferences. OneGold might suit newcomers better.

The APMEX and Sprott collaboration created a user-friendly platform ideal for digital precious metals investment. Quick setup and affordable entry make it attractive.

BullionVault appeals to experienced investors seeking traditional options. The platform enables physical precious metals trading with continuous market access.

Security measures inspire confidence. OneGold suits those preferring simple, modern investing approaches. BullionVault fits investors wanting broader trading options and detailed market engagement.

Conclusion

Choosing between OneGold and BullionVault reflects personal investment priorities.

OneGold suits modern, straightforward approaches. BullionVault appeals to those seeking diverse trading options and an established market presence.

Both platforms provide secure precious metals investment opportunities, allowing selection based on individual preferences.