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Pros

High security for stored assets, with vaults located in secure locations outside of the banking system.
Comprehensive insurance coverage for bullion, providing peace of mind against potential loss.
Offers a buyback program, allowing customers to sell their bullion back to the broker.

Cons

High minimum order requirements, making it less accessible for small-scale investors.
Limited product variety, primarily focusing on gold and silver without offering numismatic options.
Subscription fees for storage can add up, impacting overall investment returns.

GD Bullion broker Accounts

BullionVault Account Types

BullionVault offers several account types to cater to different investor needs. The main types include:

  • Allocated Accounts:
    • Specific bars or coins are assigned to you with serial numbers and certificates of authenticity.
    • Full ownership and title to your bullion, allowing you to inspect or take delivery at any time.
    • Generally higher fees compared to other account types.
    • Unallocated Accounts:
      • Your bullion is pooled with other customers‘ bullion without assigning specific pieces to you.
      • Lower fees than allocated accounts but carries more counterparty risk as you rely on the provider to fulfill your claim in case of insolvency.
      • Segregated Accounts:
        • Similar to allocated accounts, but your bullion is stored separately from other customers’ bullion.
        • Offers more privacy and security with potentially lower fees than allocated accounts.

        BullionVault Broker Account Opening Process

        Opening an account with BullionVault is a straightforward process that involves the following steps:

        • Visit the Website: Go to the main home screen at BullionVault.

        • Open Account: Click on the "Open Account" button located at the top of the screen.

        • Fill in Details:

          • Create a username (6 to 12 characters, no spaces).
          • Provide your email address for important communications.
          • Set and confirm a secure password.
          • Review Promotions: If BullionVault is running promotional offers, your account may be created with a small bullion and cash balance already present.

          • Agree to Terms: Confirm that you have read, understood, and agreed to the terms and conditions.

          • Submit: Press the submit key to complete the account opening process.

          • Account Activation: You should receive an acknowledgment on-screen that your account has been opened, and it will be immediately operable. You can start using your account right away.

          • For further assistance, BullionVault provides customer support via email.

GD Bullion accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
GD Bullion Account