Search

For more information about GOLDSILVER Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Global reach with services available to customers worldwide, including global delivery and storage options.
Led by a reputable expert in the precious metals industry, providing educational resources and insights for investors.
Offers a variety of payment methods and a decent selection of gold and silver products, including IRA-eligible options.

Cons

Mixed customer reviews, with significant complaints regarding shipping delays and customer service responsiveness.
Higher premiums and fees compared to some competitors, which may deter cost-sensitive investors.
Limited product range, lacking options for other precious metals such as platinum and palladium.

GOLDSILVER Company

GoldSilver Company: A Comprehensive Overview

Company Overview

Founding Date and Background

GoldSilver Company was founded in 2005 by Mike Maloney, a recognized author and precious metals expert. The company was established with the mission of educating investors about the benefits of gold and silver as a means of wealth preservation and investment.

Parent Company/Ownership Structure

GoldSilver operates as an independent entity and is not a subsidiary of any larger corporation. Its ownership structure allows it to maintain a focus on customer service and education without the pressures that can come from corporate ownership.

Headquarters Location

The company is headquartered in Los Angeles, California, a strategic location for access to the precious metals market and logistics.

Global Business Scope

GoldSilver serves a global customer base, providing access to precious metals trading and education for investors in various countries. The company emphasizes direct sales and online trading, catering to both individual and institutional investors.

Main Regulatory Bodies

GoldSilver is subject to the regulations of various financial authorities, depending on the regions in which it operates. In the United States, it adheres to regulations set forth by the Commodity Futures Trading Commission (CFTC) and the Financial Industry Regulatory Authority (FINRA).

Company History and Development

Key Milestones

GoldSilver has achieved several key milestones since its inception:

  • 2005: Establishment of the company by Mike Maloney.
  • 2009: Launch of the GoldSilver.com website, providing educational resources and a platform for buying precious metals.
  • 2015: Introduction of a mobile trading app, enhancing accessibility for investors.
  • 2020: Significant growth in customer base due to increased interest in precious metals during economic uncertainty.

Business Expansion Journey

GoldSilver has expanded its offerings over the years, moving beyond simple sales of gold and silver to include a range of investment products. The company has also invested in technological advancements to improve the trading experience for its users.

Customer Base Growth

Since its founding, GoldSilver has steadily grown its customer base, now serving hundreds of thousands of clients worldwide. This growth can be attributed to the company's commitment to education and transparency in the precious metals market.

Platform Development History

The GoldSilver trading platform has undergone multiple updates to enhance user experience. The introduction of educational webinars, market analysis, and a user-friendly interface has positioned GoldSilver as a go-to resource for both novice and experienced investors.

Important Awards or Recognitions Received

GoldSilver has received various accolades for its educational efforts and customer service, including recognition from industry publications for its informative content and user-friendly trading platform.

Trading Services Offered

Forex Trading Options

GoldSilver provides a selection of Forex trading options, offering more than 50 currency pairs for traders. This extensive range allows investors to engage in global currency markets effectively.

Stock Trading Options

While primarily focused on precious metals, GoldSilver also offers limited stock trading options related to mining companies and other sectors that align with precious metals investments.

CFD Trading Products

The company provides Contracts for Difference (CFDs) on precious metals, allowing traders to speculate on price movements without owning the underlying asset. This service enables leverage trading, offering potential for higher returns.

Other Financial Instruments

In addition to precious metals, GoldSilver offers trading in commodities, including oil and agricultural products. The platform also provides access to cryptocurrencies, reflecting the growing trend of digital assets among investors.

Special Services or Unique Advantages

GoldSilver distinguishes itself with its educational resources, including webinars, market analysis, and a comprehensive knowledge base. The company's commitment to transparency and customer service enhances the overall trading experience.

Detailed Regulatory Information

GoldSilver is regulated by several key bodies:

  • Commodity Futures Trading Commission (CFTC): Oversees the trading of commodity futures and options.
  • Financial Industry Regulatory Authority (FINRA): Regulates brokerage firms and exchange markets.
  • State regulatory agencies: Compliance with individual state laws where applicable.

GoldSilver operates under a legal entity structure that complies with U.S. laws and regulations while also adhering to international standards for clients outside the United States.

Client Fund Protection Measures

The company employs strict measures to protect client funds, including segregated accounts and insurance coverage for assets held on behalf of clients. This ensures that client investments are secure and accessible.

Countries/Regions Served

GoldSilver serves clients globally, with a strong presence in North America, Europe, and parts of Asia. The company's online platform allows for easy access to its services from various regions.

Compliance History

GoldSilver has maintained a strong compliance record since its inception, regularly updating its practices to align with changing regulations and industry standards.

Competitive Landscape

3-5 Main Competitors

GoldSilver competes with several key players in the precious metals market:

  1. APMEX: A leading online retailer of precious metals with a vast inventory.
  2. JM Bullion: Known for competitive pricing and a user-friendly platform.
  3. Kitco: Offers a range of precious metals products along with market news and analysis.
  4. BullionVault: Focuses on low-cost storage and trading of physical bullion.

Positioning in the Industry

GoldSilver positions itself as a trusted source for both education and trading in precious metals. Its combination of educational resources and trading services sets it apart from competitors who may focus solely on sales.

Market Differentiation Factors

Key differentiation factors for GoldSilver include its commitment to customer education, a user-friendly trading platform, and a transparent pricing model. The company's emphasis on building long-term relationships with clients further enhances its competitive edge.

Conclusion

GoldSilver Company has established itself as a reputable provider of precious metals trading and education. With a strong focus on customer service, regulatory compliance, and technological advancement, GoldSilver continues to grow its presence in the global market for precious metals. Whether for investment or wealth preservation, GoldSilver provides a comprehensive solution for investors looking to navigate the complexities of the precious metals market.

Back to Top

For more information on GoldSilver and its offerings, learn more.