Goldco-Some important Details about This Broker

Goldco Information

Goldco is a privately held company based in the Los Angeles area, with over a decade of experience in the precious metals industry. It offers services to individuals to diversify and protect their retirement savings through the use of gold and silver.

However, the broker is not being well-regulated by any official authorities so far, which degrades its credibility and trustworthiness due to the lack of proper oversight for their financial activities.

Pros and Cons

Is Goldco Legit?

The most important factor in measuring the safety of a brokerage platform is whether it is formally regulated. Goldco is an unregulated broker, which means that the safety of users' funds and trading activities are not effectively protected. Investors should choose Goldco with caution.

Services

Goldco provides two main services: the setup of Precious Metals IRAs and the direct sale of gold and silver.

For retirement accounts such as IRAs, 401(k)s, or TSPs, the company offers rollover options into gold or silver-backed IRAs.

For non-retirement savings, customers can purchase precious metals directly.

Goldco offers a buy-back program as well, allowing customers to sell their precious metals back to the company, adding flexibility and liquidity for their investments..