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Goldmoney Spreads, leverage, minimum deposit Revealed

WikiFX | 2026-04-20 23:49

Abstract:Goldmoney, which started in Canada in 2001, is not regulated by any major financial authority. Through its subsidiaries, the corporation offers bullion trading, safe storage for precious metals, and jewelry making.

Goldmoney Review Summary
Founded2001
Registered CountryCanada
RegulationNo regulation
Products & ServicesPrecious metal trading, custody & storage, jewelry manufacturing
Trading Platform/
Minimum Deposit/
Customer SupportContact form

Goldmoney Information

  Goldmoney, which started in Canada in 2001, is not regulated by any major financial authority. Through its subsidiaries, the corporation offers bullion trading, safe storage for precious metals, and jewelry making.

Goldmoney's homepage

Pros and Cons

Pros Cons
Long historyNo regulatin
Wide range of precious metals supported$10 minimum monthly storage fee
Supports retirement account optionsNo info on deposit and withdrawal
Competitive storage fees
Clear fee structure

Is Goldmoney Legit?

  Goldmoney is not regulated in Canada, where it is registered. It does not have a license from Canadian regulators to offer financial services. Please be aware of the risk!

No license

  The WHOIS query results for the domain goldmoney.com show that it was registered on July 11, 1996. It is now active, and the following protections are in place: clients cannot delete, move, or alter their accounts. The last time the domain was updated was on June 5, 2025, and it will expire on July 10, 2026.

Domain information

Products and Services

  Goldmoney's subsidiaries make jewelry and trade precious metal bullion. They also offer safe storage for precious metals.

Trading InstrumentsSupported
Precious Metals✔
Forex❌
Other Commodities❌
Indices❌
Stocks❌
Cryptos❌
Bonds❌
Options❌
ETFs❌
Market

Account Type

  There are three primary types of live (financed) accounts that Goldmoney offers: Individual, Corporate, and Trust accounts. The company also offers accounts that help people save for retirement, like Self-Invested Personal Pension Plans (SIPP) in the UK and Individual Retirement Accounts (IRA) in the US. These accounts are offered through its partners Standard Life and Entrust.

Account Type

Goldmoney Fees

  Goldmoney's prices are usually low to moderate compared to other companies in the same field. For example, it says that its storage fees are up to 90% lower than those of ETFs and other similar products. Fees for trading are reasonable. However, some fees for withdrawing money and registering for a bar might pile up depending on how much you use them.

FeesAmount
Buy/Sell Fees0.5% per transaction for all precious metals
Monthly Storage FeesGold: 0.015%
Silver: 0.033–0.041%
Platinum: 0.049%
Palladium: 0.065–0.082%
Minimum Monthly Storage$10 minimum (applies if storage cost is below this threshold)
Funding FeesFree via bank wire or CHAPS (your bank may charge separately)
Withdrawal FeesVaries by currency (e.g., $25 for USD, €25 for EUR wire, €10 for SEPA, £20 for GBP wire)
Bar Registration FeesAdditional metal cost depending on size/type (e.g., 1g of gold for a Good Delivery bar)
Goldmoney Fees

Related broker

Not Regulated
Goldmoney
Company name:Goldmoney Inc
Score
1.59
Website:https://www.goldmoney.com/
5-10 years | Questionable Regulatory License | High Potential Risk |
Score
1.59

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